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Mum's gone to Iceland/Big Food Group (BFP)     

stockbunny - 27 May 2004 14:22

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..

stockbunny - 27 May 2004 14:25 - 2 of 193

graph.php?startDate=27%2F05%2F02&period=

optomistic - 28 May 2004 15:14 - 3 of 193

Hi Bunny, been watching these for a while, feel that there is a little more to come on the downside.
Never really thought of them until a 'friend' told me he had made K70 on them when he sold @ 1.20 when he told me they were about 1.70 and he was moaning about the other K50 that would have been in it!!
Not so sure about the 'friend' bit he didn't mention it to me when he bought!!
opto

stockbunny - 28 May 2004 15:38 - 4 of 193

Hmmm I'm thinking of watching for a short while Opto,if I 'go in' I will
want to get if poss the recently annouced divi, it is too cheap
frankly I feel - don't ask why, just call it gut instinct!
I did quite well with Somerfield about a year ago but haven't
been in food retail since than....

Well one thing for sure, I WILL tell
you when/if I decide to go in and buy, even if it goes wrong on me,
I don't mind looking a tad silly if it comes to it !!
((How can you have a nick-name like stockbunny and possibly worry
about looking silly...I mean it says it all!! )) giggle!!

daves dazzlers - 28 May 2004 16:12 - 5 of 193

allright bunny,,recent buyer 1.06,more than happy with that price,would of been more happy now at current levels,but happy all the same,,second time around on this one,sold the first one in feb 1.77,bought for under a quid,took nearly 2 years to make a good profit still.
as for recent buy could see 1.5o soon management not to clever,,booker doing well.i mite go a third time on this having just sold m&s/wlw today i am flush with cash,,looking for another foothold on 1 or more stocks..
ps my dad you to work for MALCOLM WALKER/PETER HINCHCLIFF when they first started out,,when one had just left woolworths claiming to be ill whan he was selling strawberrys on the a55 they gave him the push still he you to tell me he made more money in one day doing that than working 5 days in woolies. walker the talker what a man, my dad you to fit out some stores in the early days...
malcolm is now living in cheshire happy with his new baby COOLTRADER AS FOR HINCHCLIFF HE MADE BIG MONEY RECENTLEY IN MINEING OVER 40 MILLION IN ONE DEAL PROFIT. one of them still owns a house near me.
any how back to the issue in mind yes yes yes big food group.

stockbunny - 28 May 2004 16:45 - 6 of 193

Yes feel positive towards it, will consider it more next week,
want to sell out MKS first ideally! Well Done Dave you've had a good week!

daves dazzlers - 28 May 2004 17:03 - 7 of 193

yer just timed it right,,lucky with m&s,a real bolt out of the blue.its been grim at m&s well before greenbury,,this italian wants to make it another ikea.

as if ones not enough,,,the jewel in the high street is now laughing stock,,roger holmes ,,what a joke allright with electrical goods but marks dont have any,,,says it all.

all bow down to mr green,,a true tailor if ever there was one. any he likes boats ,,,,, do for me......

kandrews250 - 29 May 2004 21:17 - 8 of 193

Been watching this on my charts but have no signal to buy at the moment, it is sort of ready to do a move but I think it may still go down a bit. Will wait a little until it gives more positive signals. RSI is starting to turn and looks oversold but MACD is still low. Has support at .96 so if it reaches that may bounce.

stockbunny - 12 Jul 2004 10:27 - 9 of 193

We've been discussing both MTN and BFP on the MTN thread, which was
beginning to get a tad confusing so I've pulled up this thread so we
can separate the two! (After all there's nothing worse then getting your
MTN knickers in a twist over BFP frozen chicken nuggets is there!! LOl)

OK the trading statement wasn't bad not considering the drop in
sales was less then the likes of MKS which also updated this AM.
Reaction so far not bad - EG the price isn't dropping.

seawallwalker - 12 Jul 2004 10:37 - 10 of 193

I think we got in at the bottom end, as the slight rise in price would indicate.

I have a feeling this will be another slow slog though, but in the right upward direction.

That's my opinion.

Anyone else?

stockbunny - 12 Jul 2004 10:54 - 11 of 193

I'm with you SeaWalker but we can sit back with small divi's and
discount card/vouchers in hand and wait a while..

hilary - 12 Jul 2004 10:55 - 12 of 193

They look stuffed to me but wdik.

daves dazzlers - 12 Jul 2004 12:18 - 13 of 193

have you all got your booker caeds now ?.
myself this my be another 12/18 wait , but we all have a decent price on it so lets go for the ride {bring back walker the talker].

stockbunny - 12 Jul 2004 14:02 - 14 of 193

No not yet - but I'm waiting on paper certificate etc so bound to take a while.

joehargan1 - 12 Jul 2004 22:42 - 15 of 193

I'm pleased to have intro'd Big Food onto the MTN thread but I was getting really confused about discount cards etc. Thanks for re-establishing this thread Stockbunny. Now on to BFP, undervalued and close to but not yet at bottom turn I think.. the TA indicates another drop today and balance of week as trend summary is 3 bullish to 13 bearish indicators (68% chance of a decline). If it hold above 80 pence as it should (by Thursday/Friday if trend is to be believed) then that's the time to add - it has lots of upside at this level and Booker will also see the benefit of a major cost overhaul in H2...not yet fully publicised.

daves dazzlers - 13 Jul 2004 08:15 - 16 of 193

joehargan 1,dont you think greener,grimsey,hoskins are doing a bad job.you need a retail man who knows this field.i would like to see,mike coupe/kevin loosemore given more freedom,in the boardroom.

torquay - 13 Jul 2004 14:52 - 17 of 193

This is a regular play
Have again gone long at 79p.

Melnibone - 13 Jul 2004 15:09 - 18 of 193

graph.php?size=Big&movingAverageString=%

I've been looking at this share, but merely because it's fallen.

I can't see the reasoning for buying, just yet, whilst the chart
still looks like this.
If you add in the margin squeeze, which will get worse with Morrisons
trying to compete with Tesco/Asda/Sainsburys, isn't there the possibility
that lack of profit growth may cause a problem with debt servicing in
the future?

Maybe folks are thinking of a takeover, but that shouldn't be the main
criteria for investing in a company.

Melnibone.

torquay - 13 Jul 2004 15:49 - 19 of 193

Re post 16:I use this share for scalping a decent share(loss for the loss to narrow).Bought at 78.98 earlier today sold for 80.75 although I,m still holding a spread bet.This is only one of a number as I only look for regular profits without in the main parting with any cash.
I have like others read many boards and see that having made a living for 30years out of the markets that I go against the trend,the fact that I do not use charts or any other technicals.

Melnibone - 13 Jul 2004 16:00 - 20 of 193

My post wasn't meant to imply any critism, torquay, sorry if
it gave offense.
I hope that you can see by the chart timescale that I was giving
a slightly longer term view than a scalp. :-)

Melnibone.

daves dazzlers - 13 Jul 2004 16:09 - 21 of 193

i feel this may go 70 pence or lower,time for a bottom feed and top up.
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