Posts in LSE:FIF

A system that picks shares for the future

A system that picks shares for the future

A reader wonders if the Decision Engine, a system designed to find good companies at reasonable prices, was fooled. It prompts analyst Richard Beddard to lay his investment process bare.

Interserve plc isn’t the only stock I’d sell today

The Interserve (LSE:IRV) share price has collapsed to a level not seen since the 1990s. A recent mini recovery from 55p to 85p might suggest the tide has finally turned for this support services and construction company, but there's one overriding factor that leads me to rate the stock a 'sell'.

15 stocks in the 'buy zone'

15 stocks in the 'buy zone'

After rejigging the algorithm and reassessing every share ranked by his Decision Engine stock screener, companies analyst Richard Beddard has a lot to report on.

Finsbury Food sales revenues up 4%

Finsbury Food Group total sales revenues grew by 4% to £105.5m during the first four months of its 2017-18 financial year and trading was in line with expectations.

The group said this was a pleasing performance which showed resilience and recognised that the UK retail food market had recently transitioned from a deflationary to an inflationary environment.

Finsbury also said it continued to benefit from the geographically diverse nature of its operations.

Ovid's shares for the future

Ovid's shares for the future

Speculators focus on extremes, leaving good firms at reasonable prices in the middle - unloved and undervalued. Here's why Richard Beddard's stocks are 'safest in the middle course'.

Director Deals - Finsbury Food Group PLC (FIF)

Stephen Boyd, Financial Director, bought 54,088 shares in the company on the 25th October 2017 at a price of 0.00p. The Director now holds 1,065,543 shares.

NOTE: Annual bonus.

Director deals data provided by www.directorsholdings.com

Director Deals - Finsbury Food Group PLC (FIF)

John Duffy, Chief Executive Officer, bought 74,441 shares in the company on the 25th October 2017 at a price of 0.00p. The Director now holds 2,332,898 shares.

NOTE: Annual bonus.

Director deals data provided by www.directorsholdings.com

Finsbury Food schedules AGM

Finsbury Food Group will holdits annual general meeting at the offices of CMS Cameron McKenna Nabarro Olswang, Cannon Place, 78 Cannon Street, London, EC4N 6AF, on 22 Nov at 9.00 a.m.

At 8:00am: (LON:FIF) Finsbury Food Group PLC share price was 0p at 109p

Sterling weakens on reports of plans to oust May

Reports some MPs may be planning to oust Prime Minister Theresa May weighed on the pound, providing a boost to the FTSE 100 as 70% of the companies in the index generate earnings overseas.

Investors were concerned about the uncertainty that would follow if May resigned and the impact this would have on the currency.

The FTSE 100 advanced 0.2% to 7,522.

Brent crude oil slumped 2.6% to $55.53 per barrel. Gold was unmoved at $1,271 per ounce and copper cheapened 0.6% to $3.01 per pound.

Weaker pound supports FTSE gains

The FTSE 100 received support from a decline in the pound. Around midday, the FTSE 100 traded 0.2% up at 7,523.

There was also a modest rally in healthcare stocks, led by Mediclinic (MDC), which gained 2.2% to 679p.

NMC Health (NMC) and ConvaTec (CTEC) also rose 1.4% and 0.7%.

Another noticeable rise was British American Tobacco (BATS), which ticked 1.8% higher to £47.89.

Brent crude oil fell 0.4% to $56.75 per barrel.