Finsbury Food Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9643893
tiger By CASTLEFORD TIGER ]]> http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion&id=9643893&action=detail Tue, 15 May 2012 15:25:00 GMT CASTLEFORD TIGER tag:iii.co.uk,2003:tst.9448673 tiger By CASTLEFORD TIGER ]]> http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion&id=9448673&action=detail Mon, 19 Mar 2012 09:52:00 GMT CASTLEFORD TIGER tag:iii.co.uk,2003:tst.9448351 http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion&id=9448351&action=detail Mon, 19 Mar 2012 08:51:00 GMT rickylfc5 tag:iii.co.uk,2003:tst.9197535 Mon, Jan 23, 2012 at 1:29 PM
http://bit.ly/zXVI8F By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion&id=9197535&action=detail Mon, 23 Jan 2012 12:33:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9197012 GROWTH COMPANY
23/01/2012
http://bit.ly/yLoTFn By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion&id=9197012&action=detail Mon, 23 Jan 2012 11:08:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9196332
at 30p agree that RNS reads very well and hard to beleive those organic growth numbers.
they have huge debt to deal with
but that is geared returned for us shareholders if they are successful
and that looks like the current path
so a couple of impressive yeas and suddenly the debt will be at respectible levels
and the EPS will get closer to a market rating.

so agree with you that it is alsmot like growth stock on a very cheap p/e
(once they get debt down to more manageable levels)

also love the chart pattern so downside seems to be limited
even allowing for the high debt i;m aiming for a fair value of 36p
but could easily see 60p in a couple of years
so hear's hoping!


All IMHO, DYOR + BoL
FIF is in my portfolio



By thirty fifty twenty ]]> http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion&id=9196332&action=detail Mon, 23 Jan 2012 09:18:00 GMT thirty fifty twenty tag:iii.co.uk,2003:tst.9195664 http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion&id=9195664&action=detail Mon, 23 Jan 2012 07:28:00 GMT catsick tag:iii.co.uk,2003:tst.8965507
With a p/e of 3.5 times we can triple from here given a following wind ..... By catsick ]]> http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion&id=8965507&action=detail Fri, 18 Nov 2011 05:15:00 GMT catsick tag:iii.co.uk,2003:tst.8839521
- Directors have loaded up with options

- The FD has lashed out £100k on shares - not normal for a cautious accountant

- The company has demonstrated admiral performance with sales growth/ cash generation / new product
excitement / debt reduction

- There have been some large (odd) share transactions which suggests positioning of ownership in anticipation of a bid.

just my thoughts - any views would be welcome By rickylfc5 ]]> http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion&id=8839521&action=detail Wed, 12 Oct 2011 19:41:00 GMT rickylfc5 tag:iii.co.uk,2003:tst.8790463 BUY
27/09/2011 Ben Jaglom
http://www.growthcompany.co.uk/recommendations/1657643/finsbury-food-group.thtml


Luxury bread maker Finsbury Food Group (FIF) has reported a 12% growth in sales as health-conscious consumers flocked to its 'free-from' range.

The AIM-quoted group declared pre-tax profits of £5.8m (2010: £5.4m) on turnover of £189.6m for the year to July. Its cake division registered a 14.2% increase in sales to £139.6m while its bread and 'free from' operations saw turnover grow to £50m (2010: £43.7m.) Net debt fell from £36.5m to £32.7m.

Chief executive John Duffy remarks the last financial year saw Finsbury 'getting the entire group back into growth after a difficult year'. He points out that commodity inflation had made life 'quite tricky' for Finsbury.

Citing the strong performance of Finsbury's 'free-from' range, which includes breads that are for example wheat- or gluten-free, Duffy notes that it is driven by a 'lifestyle' market which purchases the breads 'out of choice as opposed to medical necessity'. He describes this as a 'growing' market.

Looking forward, Duffy argues that as a company focused on the premium end of the market, Finsbury had been 'hit in the past' by supermarkets moving towards the value sector. 'Yet our research has shown consumers do not want cheap cake. What they want is good cake at a fair price.'

Analysts at house broker Panmure Gordon lowered their earnings forecast from 8.3p to 7.7p a share for the year to July 2012 following the results.

Operating in a challenging environment, Finsbury has done well in growing sales and profits amid the difficulties the British consumer is experiencing, also paring down its debt at a respectable rate. Furthermore the group's 'free from' range look as if could generate further growth. Trading at just over 3x 2012 earnings we rate shares in Finsbury as a hold.

Tags: Commodity price inflation, Food producers

Sector: Food Producers

Companies: Finsbury Food

Market cap: £13.7mPE Forecast: 3.3
Share price: 25.75p By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion&id=8790463&action=detail Tue, 27 Sep 2011 15:51:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8785720 http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion&id=8785720&action=detail Mon, 26 Sep 2011 11:56:00 GMT catsick tag:iii.co.uk,2003:tst.8785198
Panmure Gordon 19/9/11 forecast a 1.5p div for 2013.

That prospect and a modestly progressive div thereafter make FIF v. attractive at the present sp.

m By mantrova ]]> http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion&id=8785198&action=detail Mon, 26 Sep 2011 09:57:00 GMT mantrova tag:iii.co.uk,2003:tst.8784978 http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion&id=8784978&action=detail Mon, 26 Sep 2011 09:01:00 GMT catsick tag:iii.co.uk,2003:tst.8761508 http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion&id=8761508&action=detail Mon, 19 Sep 2011 10:45:00 GMT catsick tag:iii.co.uk,2003:tst.8760957 http://www.iii.co.uk/investment/detail?code=cotn:FIF.L&display=discussion&id=8760957&action=detail Mon, 19 Sep 2011 08:31:00 GMT njb55