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..

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!

Afternoon all,bit of a sorry state big food group are in,,especially iceland.



Brings a sad end to what once was an innovative company,and very good to me,we all have a soft spot ,for one`s we have done well on!!!!.



Just my view but 1.10 is ****ing cheap at half the price..

Errr not half the price Dave please - I need at least 3/4 of that
figure and all of it would be great....

I tell you what,i could do a better job them plums around the desk,,not so sure there would be food sold,,more like !!!!!!!!!!!


































what ever i could get,at the mo ,,levi/lee jeans.

LOL Dave! ;>)

Its a stitch up ???

Big Food makes 'substantial progress' in Baugur takeover talks
AFX


LONDON (AFX) - UK food retail and distribution company, Big Food Group PLC said discussions are proceeding well over the agreed 326 mln stg takeover bid from Icelandic retailer Baugur.

The UK group, which owns the Iceland frozen food retailer, said it had made 'substantial progress' in talks over the 95 pence per share takeover offer, which was announced at the end of last month.

Big Food said papers had been lodged with the court to preserve the intended scheme of arrangement timetable.

Baugur bids 95p per share for Big Food Group
MoneyAM
Big Food Group confirmed today it has recommended a 95p a share bid from Giant BidCo Limited, a consortium led by Baugur, the Icelandic investment company.

The deal, which values BFG at 326m, will be effected by means of a scheme of arrangement, subject to the approval of the high court and shareholders.

The scheme is expected to become effective on February 11th, 2005.