Good way to buy Finsbury!!! Looking at London Finance & Invest (LFI). Current market cap only around 11million, but hold 10 million shares in Finsbury. Market price around 36/37p, net asset value in June was just over 50p and with increase in Finsbury since then I would estimate net asset value at nearer 55p. Yield around 2.7%. Just seems large discount to NAV and maybe a cheaper way to buy Finsbury as long as you rate the other investments within LFI.
NEW ARTICLE: Finsbury Food: Out of the frying pan… "Full-year results indicate Finsbury Food is out of the frying pan, and in an altogether better place.The big worry with acquisitions is they destroy value. Managers buy companies for inflated prices and they fail to produce the expected ..."[link]
New PR agency [link]
Re: Share Centre: FIF they are all just following the TIGER !!
Share Centre: FIF "Share of the Week" [link]
Re: target 125p/long term hold Tipped in the Telegraph today
Re: target 125p/long term hold Really good results. Very pleased with this. But, nonetheless, just wondered if there was anything in particular you were looking at that I might have missed. Thanks
Re: target 125p/long term hold [link] like I was ahead of the game.tiger
Article from "Food and Drink Europe" [link]
Re: target 125p What can you see? Thanks
target 125p based on what I can see now.this may need revising up.tiger
NEW ARTICLE: Finsbury Food: Fattening up "Finsbury Foodâs half-year results present a remarkable turnaround. Itâs customers are fattening up on cake, and itâs fattening up on buns. The party should last, at least for a while.Baker Finsbury Foodâs half-year results published a ..."[link]
Rumoured acquisitions to double size of business [link]
Re: NEW ARTICLE: "Frozen" phenomenon behind ... Good reading !!
NEW ARTICLE: "Frozen" phenomenon behind Finsbury Food surge "This time last year LSE:FIF:Finsbury Food Group launched a cost-cutting drive, the results of which are starting to make an impact on income. With a successful acquisition under its belt, Finsbury is well-positioned to maintain the momentum that ..."[link]