Ok so the figures sounded OK, but the share price today looks
very temptingly cheap - down to 93p last time I looked, it has
been up there 150p or so, and pays a divi.

So anyone hold these and if you do, what's your views?
I'll dig out the share price chart and paste it up in a mo..

Baugur likely to cut Big Food Group bid terms after disappointing results

Evening sw,lots of info in the sunday papers,its not looking to good,unless your malcolm walker,in one of the papers they had him down to run the iceland side of the business{he would not do that unless he was the owner}one word,, cooltrader!!

Some papers dont have a clue ..

Hi dave.

Yes I saw a few items on this.

I have a horrible feling this is going to dive this week.

70's?

For what it's worth I'm still a holder. Was away last week when they dropped on Monday and the price just kept above my s.loss. Nice to see that they have recovered a bit but i agree that it's no longer looking as good. I did read some editorial that the price should still be 110 or higher though given the good margins, (rather than the overall profit).

If they do only offer 90-100p will we still get the divi? When is the xd date ?

Should still get the divi Paul as it has been announced and it wasn't
'subject to take-over' so I would have thought it would be 'iffy' for
them to withdraw it.

You're not alone, says a fellow sufferer - aka holder of shares!

Many thanks for that Stockbunny

Paul30661 - according to shares mag this week the divi is conditional
on the bid not going through - check the write up in results section.

Bunny post 158,i thought it was a bit iffey when they announced it,dont know what the current price is,,will have a look .

Still holding its own price wise be very careful ,not much support at this level.

RUMOUR OF THE DAY: BIG FOOD GROUP (talk that any offer from Baugur could be pitched as low as 90 pence) (Press comment)

FT - BIG FOOD GROUP (rumours Baugur is about to serve up a knockdown cash offer in the region of 80 pence per share)

sw,there`s an offer in the iceland times,,buy 1 and you get one free.

lol begining to look like it I think.

They may have missed the baot with EZJ though, I think the price of that will go up to previous levels.

Big Food?

Looking ominous.

This is looking a right mucky old rag stinks of bad management,,fancy getting a plumber to sell frozen food,,anybody still holding this.

Afternoon all,bfp holders.Malcolm walker has just opened a new store in the next town from me,its called pound freeze,like the new name!!
There is nothing over a pound in the store,it is a frozen food outlet,like his cooltrader brand,,and he is even using cooltrader carrier bags.Managed to get a few words with him,i asked him about all these rumours about him & iceland,with a smirk he replies i`am far to busy.
He`s like a kid with a new toy,if you ask me,,,walker the talker is back.

He could certainly charm the arse off a duck,as to these rumours ,i cant see him wanting anything to do with the iceland brand,,after all its been a bit of a node round his neck,, but under a different name,,,who knows!!

Baugur lines up buyer for Big Food's Woodward uunit - report
AFX


LONDON (AFX) - Icelandic group Baugur has lined up a deal to sell Woodward to rival food distribution company 3663 in the event it buys Big Food Group PLC, the supermarket chain which owns Woodward, the Sunday Telegraph reported.

The paper says analysts believe 3663, owned by South African company Bidvest, could pay up to 40 mln stg for Woodward.

The paper said Baugur is expected to make a formal 326 mln stg offer for Big Food, which also owns the Iceland frozen food chain and cash and carry unit Booker.

Under UK Takeover Panel rules it has until Friday to launch a formal bid.

Big Food last month said it had reached agreement with the acquisitive Icelandic group on the terms of a potential offer, subject to Baugur receiving final credit committee approvals from its financing banks.

Big Food first announced it was in preliminary takeover talks with Baugur in September. It said at that time any offer was expected to be pitched at around 110 pence per share.

But the value of the offer was slashed to 95 pence after Big Food, under intense competition from bigger rivals such as Tesco PLC, suffered a severe downturn in trade.

rob.branch@afxnews.com

Malcolm Walker poised to take control of Iceland if Baugur bid for Big Food succeeds

Paper talk sw,they love a story!!!!dont we all.

I take it, that's this Friday for the deadline to make a formal offer?

Sorry, yes as I understand it anyway.

Oh well It Is Christmas and one thing this sorely needs is
a minor miracle!