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any views (ITF)     

scotinvestor - 21 Mar 2007 13:08

anyone any views on buying this now

porky - 21 Mar 2007 13:17 - 2 of 5

Don`t

hangon - 21 Mar 2007 17:57 - 3 of 5

Exec appear to have been complacent and borrowings have increased to the point where the business is saddled with debt...I think this could be last-chance saloon now that the magic "pound" level is breached. This is heading for lower prices unless somone finds a decent postal order and a pot of Jam.
It's not one I hold...having been far too high for my liking and understanding. I presume they have little pricing-power for their mince-pies and other Euro-states are forcing down margins....pity.
Directors bought 10k-worth each @ c.1.68; but unless it's 50k apiece, I think it's token-ism and best ignored - Execs earn this amount in a couple of weeks, so it's not hurting them and if anything, I think it shows a disconnection with their shareholders, who have lost so much since this sp was 5 only 12-months ago....I don't think it was supported by a dividend, but there was some hope in turnover, I suppose.
Whoah!
- - Bargepoles... DYOR...
Directors need to fall on swords and whatever is done, it won't be quick....mince-pie orders are not for a few months, at best....oh dear.

Dunnyspage - 08 May 2007 09:54 - 4 of 5

Looks like it is crawling up a little.

hangon - 10 May 2007 15:41 - 5 of 5

Interesting comment (as always!) in "Shares" today - Oh )very( Dear!

A new FD is essential to promote the Co. as a going concern and I'm surprised there aren't a few willing to step-in.

Dunnyspage, don't you think this is a bounce as a few punters are hoping for a Takeover? With no FD, it looks worse than careless, although we know these circumstances do not reflect on ILF; -it's they that have the egg on face (as it were).
I don't hold this stock.
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