LSE company dividends information has been updated. You can find this is in the menu on any Quote page. ADVFN team.

FIF

Finsbury Food Group Plc

92.00
0.00 (0.0%)
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 Shares Traded Last Trade
  0.00 0.0% 92.00 52,791 07:30:24
Bid Price Offer Price High Price Low Price Open Price
91.00 93.00 92.00 92.00 92.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Preparations, Nec 356.81 10.47 8.00 0.55 5.81
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:00 O 11 93.00 GBX

Finsbury Food (FIF) Latest News

Finsbury Food (FIF) Discussions and Chat

Finsbury Food Forums and Chat

Date Time Title Posts
16/5/202308:10Finsbury Foods - A Sweet Investment?2,337
19/1/202308:56*** Finsbury Foods ***10
01/12/201418:52Negative Aspects about FIF178
23/1/201210:24Finsbury Food-Growing-Acquisition Hungry-Time to Buy?1,738
13/7/201113:48Finsbury Foods - A Sweet Investment?-

Add a New Thread

Finsbury Food (FIF) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:35:0193.001110.23O
15:00:0891.221,061967.84O
14:51:3291.004,1003,731.00O
12:54:4891.8510,0009,185.00O
12:54:2991.8518,29016,799.37O

Finsbury Food (FIF) Top Chat Posts

Top Posts
Posted at 01/2/2023 20:03 by wad collector
Out at 97p , 30% over the last 2 yrs will do me, not sure the price will hold short term.
Posted at 01/2/2023 16:03 by jpjp100
Lees is a nice little acquisition that, as others have pointed to already, is something that seems to have been a possibility for quite some years now

The 2012 MBO was £5.5m I think e.g. as reported here

https://www.heraldscotland.com/business_hq/13063700.bill-delisting-scottish-confectioner-lees-snowballed-almost-1-million/

I expect the deal stands on its own two feet anyway, but it comes with the added benefit (imo) of sending a signal that FIF is still looking to acquire

Posted at 30/1/2023 18:47 by 3800
I thought the name Lees foods sounded familiar. It was previously listed on AIM then taken private with a great deal of opposition regarding the price by the shareholders. "Shafted" was the term widely used at the time. For anyone interested read here https://uk.advfn.com/cmn/fbb/thread.php3?id=22943596&from=1&to=356

3800

Posted at 24/1/2023 16:11 by jpjp100
upbeat pre close, sales up 14.7% and cautious optimism underlying

not an easy market just now, but FIF seem to be managing a way through it pretty well

Posted at 17/11/2022 12:40 by kalai1
Finsbury Food Group Plc issued a positive AGM trading statement this morning. FY22’s record revenue is being followed with more robust performance in FY23, sales for the first four months of FY23 grew by 15.7% to £122.8m, driven by a mix of volume growth of 1.1% and price recovery of 14.6%. Management believe they are seeing a shift in consumer behaviour which should accelerate food retailers' Own Label sales to the benefit of FIF. They also sound confident that the “Group will continue to make progress and deliver profitable growth." Valuation looks reasonably attractive with forward PE ratio in the top quartile for the Food & Tobacco sector. The balance sheet is solid and the share price has positive momentum and is trending higher through 2022. BUY...from WealthOracle

hTTps://wealthoracle.co.uk/detailed-result-full/FIF/621

Posted at 17/10/2022 15:34 by sphere25
*Hang on, need to edit this. It looks like I have under counted the volume*

So we have:
2.5m delayed print today @ 85p from the 14/10 @16:45
2m print @ 85p on the 13/10 @ 17:15

Today we have 2m bought at 86p @ 15:19

Ok that's now up to date.

Clearly someone still in the market for big chunks of the company - still LDG?. I sold these too early haven't I (it was a habit back in the boom days ha) but watching to see if this can break out on these big buys.

You can still form tops on big buys like this so still have to be careful but interesting buying here of late. It is another 5% (previous had this as 3.5% on missing one - be nice to have a more accurate volume read on advfn, tricky delayed trades!) of the company picked up so if this demand were to continue, it could head up toward the 100p mark too. Anomalous and large demand, particularly for something as often stale as is FIF.

All imo
DYOR

EDIT: 16:07 In for a few. Market makers jumped ship off 86p on my small buy and now they have closed off the offer there with just Berenberg sat there with nothing to offer so they might be shifting higher. There still appears to be decent demand in the market here so it might be breaking higher. If the market buys through 87p, it should be on its way to at least that 90p-100p range. Stop at under 84p.

EDIT: 18:13 Another late print. Another 1.25m bought today at 85.88p. Yep, I watch stuff at this time too! Now it's time to watch the US. This doesn't stop.

EDIT: 18/10/2022 08:08 "LDG is pleased to announce that, further to its announcement on 26 August 2022, it has acquired a further 5,132,000 ordinary shares in Finsbury Food Group plc ("Finsbury") (LON:FIF) at an average price of GBP0.81 per ordinary share, for a total cash consideration of GBP4,165,820.

Following these purchases, LDG is interested in 8,832,000 ordinary shares in Finsbury, representing approximately 6.77% of Finsbury's issued share capital."

Recent volume is bigger than that so there is still large demand for FIF shares. No shares on offer at 87p now so this might be breaking out.

Posted at 07/9/2022 14:34 by sphere25
Good spot NTV

This is highly irregular activity for FIF. It is an interesting battle to watch too and shows the amount of buying that is needed to make a share pop higher in this market.

Clearly it's not just the 3.1% LDG have picked up (think its London Finance & Investment group who held 3.9m i.e. 2.99% they cleared out) recently, it is also all the big blocks (potentially another one percent plus picked up) from yesterday and now you have more big bidding for shares in auction, which would be around another one percent of shares in issue.

Looking at other recent activity:
EBT acquired 680k in June to hold 5.1%
EBT acquired 717k in July to hold 5.6%
Fidelity moved from 5.37% to 10% in late June.

It is taking whopping big buying to get the price moving higher. It shows how the sellers sit in layers in size (almost covertly) at all the different price points and why alot of shares just can't move higher or hold the rallies out there.

Clearly FIF has a chance here with this level of demand so we must be trying to ride this one higher to at least that 80p mark (200 day moving average there too) but blooming hek it takes some right clout from the bulls to give the stale bulls/bears a battle in this market.

In a different market, the dynamics are completely different and much less buying gets the price moving and alot more rapidly. That time will come but it's a right grind at the moment.

But yes, an interesting example and the eagle eyed traders can clearly have the chance to profit if these things can be spotted.

All imo
DYOR

UPDATE: 16:33 auction
500k bid @76p
750k bid @77p

And the auction closed without them getting any fill. Gonna have to bid higher to find more sellers.

And now we wonder how much of the company they want and up to what price. Go for 10%, go on...you know you wanna!

Posted at 06/9/2022 15:31 by sphere25
Sounds like Thursday. Some hope:

"Energy bills will be frozen at around £2,500 for households by Liz Truss in a huge intervention to protect Britons from soaring prices.

The rough figure was reached because households will still get the planned £400 a year off bills, taking the total to be paid to around £2,100 a year - just above the current price cap.

Ms Truss’s team has decided the package will be funded by borrowing, rejecting the proposal from energy companies for customers to pay the money back in higher bills over the next decade.

Businesses will also get support, possibly in the form of frozen energy prices, but the mechanisms and delivery for such a move are much more complicated than protecting consumers and are still being debated.

Figures close to Ms Truss stressed that the package remained a work in progress and a final, complete sign-off has yet to be taken."


We don't know the exact detail yet but it's something isn't it. As for FIF and other risers today, they're clearly some tentative buying and moves on the back of this. Yes, some might just be oversold bounces that eventually get sold into but we're all clearly looking for some positives and the eventual bottoms.

As for FIF, it looks close to a breakout so I'm hanging on. Most of the input costs have fallen away - call that relief. Energy the big one, will this package be enough to get some shares holding the bounces?

Interested to see how FIF and others move. Clearly I want to lob into a spike but the news is fluid and we will take all the positives we can.

All imo
DYOR

EDIT:

It looks like some of the answers to the post above are being revealed.

Big buying continuing with delayed large prints:

475k@74.75p
2 x 200k@75p
500k@75.25p

UPDATE 07/09/2022 13:58
Look at the auction two 500k bids at 75p and a 500k bid at 76p - some serious demand for shares here. That's after the delayed prints yesterday and further delayed big buy prints today of 250k @ 75.5p from yesterday

Posted at 29/9/2021 12:50 by smithie6
nat. gas price now doubled on my monitoring portfolio

& leccy price is also sky high

so, personally I'm surprised that the FIF share price has kept going up

Posted at 19/12/2019 17:30 by spaceparallax
Sadly, it's a share that, despite its rock solid performance during recent difficult times, is subject to the manipulative vagaries of the mkt that yield substantial share price drops on the back of modest trading and modest rises from substantial trades. FIF share price bears little relationship to the Company's financial performance.
Finsbury Food share price data is direct from the London Stock Exchange
Your Recent History
LSE
FIF
Finsbury F..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com

V: D: 20230602 16:06:32