Fyffes Share Discussion Threads

[greg the grinch] 12/2/2013 13:14

Is the next push imminent?

[wexboy] 01/2/2013 15:59

Depends on your perspective...'only' 25% upside potential now, but don't forget that's on the back of a 58% share price increase in the past year.

[greg the grinch] 01/2/2013 14:02

wex... upto 50% growth in sales plus buyout and costs may go down and you only guess 25% rise?

[wexboy] 01/2/2013 13:09

2013 – The Great Irish Share Valuation Project (Part II)

I take a look at Fyffes, plus a batch of other Irish stocks:



Cheers,

Wexboy

[greg the grinch] 01/2/2013 12:49

There was a post on this thread mentioning import duties slowly being reduced, plus shipping is going to stay low as the economy will not recover for years and the chinese are planning to transport goods to europe via rail. If they create a great long term deal/solution it will have a major impact on profits. Oil is the only thing that may not go in the right direction but overall I see profits up over the next years and at some point they will stabilize with a reasonable pe.

[smicker] 31/1/2013 14:02

A poster on the JTCod thread mentioned these some time ago ( Mount Teide ). He would be very sharp re shipping and gave a bit more detail re what they are doing at the moment to reduce future shipping costs by taking advantage of the current oversupply. Its mentioned in the last results but he explained more clearly exactly what they are doing. It requires a significant outlay which may explain why they are not prioritising share buybacks but its a clear path to earnings growth over the next period so i'm probably going to stick with my holding for now to see how it works out

[greg the grinch] 31/1/2013 13:43

I reckon the 40p buyers have at least an 80-100p target - 50p looks like it wont be around for long.

[greg the grinch] 31/1/2013 13:37

I'm sittin and waitin. Still too cheap.
I'm in for more when funds allow.

[wipo1] 31/1/2013 10:43

Sold a few as well today

[castleford tiger] 23/1/2013 18:19

Taken the 29% rise and taken a few out today.

tiger

[greg the grinch] 10/1/2013 17:17

Stock has swapped into 40p buyers over the last 6mo so I reckon they will not be selling many at 50p..... so lets hope it pushes up in a big way.

[greg the grinch] 10/1/2013 17:12

Stick it right up there!!!

[baxter99] 16/12/2012 21:56

Ssshhh! I know this... best keep schtum!

[castleford tiger] 15/12/2012 08:51

Much further to run in my opinion.
tiger

[18bt] 07/12/2012 16:49

That's another cracking trading statement - but why release this after the market has closed on a Friday - the press stories for the weekend are largely put to bed. Still delighted to hold this share for growth and income!

[smicker] 07/12/2012 16:13

Great update with eps 37-52% ahead. They also mention they are still considering buybacks. I would think they need to get on with these as the share price may run ahead making them less attractive

[gateside] 20/9/2012 19:56

smicker.... No harm in banking a profit then. Never pays to be greedy.

Good luck with what you decide.

[smicker] 20/9/2012 10:23

16 March 09, according to my spreadsheet. I'd held them years ago before that and couldnt understand how a food distribution business with little debt could be hurt long term by credit default swaps in the banking industry.

Problem is i'm not sure that i should be holding on now. Contrary to many others i like buybacks. I am currently reading Fisher and One up on Wall street and he has the same attitude as myself. If you hold shares in a company you must think its good value. If the company buys back shares how can you disagree that the shares are worth buying? By a mile it is safer than acquisitions.

This company generates good cash in a boring business. For me it should be buying back shares and increasing the divi return. Its doing the first but not the second as the total distribution has not increased.

[castleford tiger] 19/9/2012 19:02

When were they 18p?

Great buying price tiger.

[greg the grinch] 14/9/2012 14:43

buyout price of ffy approx £1 imho

[smicker] 14/9/2012 00:18

Dole foods getting bought out

[greg the grinch] 12/9/2012 16:38

then its a definite buy

[smicker] 11/9/2012 14:29

Sunday Telegraph werent impressed.