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Share Name Share Symbol Market Type Share ISIN Share Description
Finsbury Food Group Plc LSE:FIF London Ordinary Share GB0009186429 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 0.55% 91.00 90.00 92.00 91.00 90.50 90.50 7,684 15:23:51
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 306.3 2.9 -0.6 - 119

Finsbury Food Share Discussion Threads

Showing 4626 to 4649 of 4700 messages
Chat Pages: 188  187  186  185  184  183  182  181  180  179  178  177  Older
DateSubjectAuthorDiscuss
11/11/2020
11:40
Just a reminder that the Company is holding its AGM meeting next Thursday 19th November and as in previous years we should get a trading statement.
sev22
11/11/2020
11:32
Another one that hasn't recovered, but we know the drill with this one - turtle power! This has been such a frustrating share but the turtle is daring to continue moving higher. Watching that key 60p mark.
sphere25
05/11/2020
18:32
Apex Financial Services, a Trust Company, have accumulated a 3.87% stake in Finsbury. I have checked the share register and this is an initial holding. This is very good news, they obviously recognise the value on offer here. https://www.investegate.co.uk/finsbury-food-group--fif-/rns/holding-s--in-company/202011051736064430E/
sev22
02/11/2020
10:49
The technical analysis for Finsbury has strengthened over the last few days. 58p is the 100 day moving average. The stock is now firmly a 'buy'. https://uk.tradingview.com/symbols/LSE-FIF/technicals/
sev22
30/10/2020
15:47
Thanks Sphere for that extract from the thumping good read that is BritishBaker
spaceparallax
30/10/2020
15:29
Actually daring to break the downtrend and rally abit higher in that classic FIF turtle fashion. How very dare it! Threw a step over - fell for it ha Never mind Here's an interesting snippet: https://bakeryinfo.co.uk/finished-goods-reports/how-has-coronavirus-affected-the-uk-cake-market/649728.article
sphere25
30/10/2020
15:14
Looking up again.
spaceparallax
27/10/2020
13:31
Can't rally.....again! Hits the top of the turtle like downtrend and fails. Fish and chips trade...with mushy peas this time! Sellers keep coming in at levels just a tad higher than those it clears out larger ones at. This share really does give the impression that a monumental volume day is needed here to sustain any move higher.
sphere25
24/10/2020
14:23
Solid company this one and well run. Unfortunately, like most food producers, the free cash flow generated is minimal. It generates good operating cash flow but is constantly reinvesting in new plant and machinery to become more efficient. Shareholder returns are likely to be muted long term as a result. If you look back over the past 20 years that's what it shows!
topvest
23/10/2020
16:15
Taken a few at 52 for a trade. Been a real disappointment this one, not rallying from the 60p levels. Some decent buying coming in and bigger volume earlier. Is that the sellers finally done and a move higher or is it more flatline stale city.
sphere25
23/10/2020
15:12
It's unreasonable that already well paid Directors should be able to award themselves a free tranche of shares equivalent to their salary. Also, a dipping share price yields a higher number of shares, which is perverse. I've long held the view that share options should only allow Directors a modest e.g. 20% discount on share purchases at the prevailing share price and even then that entitlement should only kick in if the share has truly delivered value to holders.
spaceparallax
23/10/2020
14:10
First signs of some volume appearing over the last week or so with a meaningful increase over the last couple of days. Worth keeping an eye on IMO.
spooky
05/10/2020
08:16
Italian firms bid for Hovis bread should highlight the value of FIF and result in some interest in the shares?
callumross
30/9/2020
19:55
The company is in good shape. The slip up on the ultrapharm acquisition is a salutary lesson that M&A is a tough thing to get right. Fortunately the fletchers and Johnstones deals were better all round and with lessons undoubtedly learned, we can expect any future deals to be more closely examined and managed
jpjp100
24/9/2020
19:20
Tipped in cityconfidential this month! Www.cityconfidential.co.uk
sharetips
22/9/2020
15:05
Wives getting stuck in :) And me. Cheap valuation and a defensive well established business Debt down by 25% this year to 26.5m GBP good news too
chrisb1103
21/9/2020
18:22
thanks for that jpjp I would have missed it if you had not drawn it to our attention
3800
21/9/2020
10:54
As we know, the FIF management have demonstrated sound performance over recent years. I'm confident that they'll be doing everything possible to deal with this; more importantly, they're performing very well despite the impact of that matter.
spaceparallax
21/9/2020
10:10
overpaid for ultrapharm it appears by quite a chunk: £7.5m Note 4 in the accouts "There has been an impairment of the goodwill relating to the Ultrapharm acquisition, which based on current performance was deemed to be overvalued, Note 8 provides further detail." Note 8 "An impairment charge has been booked against the Ultrapharm cash generating units. The business has proven more immature than expected and additional resource has been invested into both the UK and Polish businesses. We face commercial issues (in part relating to a small warranty claim) now exacerbated by Covid-19 which have adversely affected cashflows and hence valuation. We believe that the Gluten Free sector remains attractive and that performance will meet our expectations over time. The conclusion is that, based on current performance, the business is overvalued. The strategic forecast revenues and profits have been sensitised and a downside forecast has been considered giving reduced cashflow assumptions, which when compared to the carrying value of assets has indicated an impairment is necessary. A non-cash impairment of £7.5 million has been recognised in the current year's financial results. The downside forecast has been used as a basis for calculating the impairment charge. Revenue in this forecast is expected to grow over the next three years at an annual growth rate of 10%. Each 1% reduction in the annual growth rate over the three year period, compared to forecast, would have an impact of £260,000 on the impairment charge." Which given that the total purchase price was up to £21m (£17m on completion and then up to £3m in instalments to 30 June 21 and a possible final incentive £1m, is quite a whack. Hope that FIF can cancel any of the remaining instalments and the incentive. But still £7.5m on £21m is a big overpayment and still leaves £4m goodwill associated. I am disappointed that the Board's due diligence didn't pick this up.
jpjp100
21/9/2020
10:02
Very impressive results in these difficult times - a well run company with sensible debt levels.
spaceparallax
17/9/2020
08:39
https://www.licenseglobal.com/food-beverage/microsoft-gets-cooking-finsbury-food-group
sev22
28/8/2020
18:46
According to Finsbury's Investor Relations page on their web-site the preliminary results are going to be announced on Monday the 21st September.
sev22
19/8/2020
12:10
Finsbury's preliminary results were released on the 16th of September last year so only four weeks away. Below is a link to an article from Investors Chronicle dated 21st of April which reinforces how cheap their shares remain. https://www.investorschronicle.co.uk/stock-screens/2020/04/21/10-cheap-small-caps/
sev22
20/7/2020
17:22
Those two substantial trades today accounted for 2.5% of the issued share capital. A Buyer or a Seller? Based on last week's trading update, which I thought was quite resilient despite the lockdown, I think they were both buys.
sev22
Chat Pages: 188  187  186  185  184  183  182  181  180  179  178  177  Older
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