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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: deucetoace   😊 😞
Number: of 84359 
Subject: Re: Fiske PLC
Date: 08/05/25 9:05 AM
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No. of Recommendations: 2
I have only glanced at it at present to see if I want to look further.

It is horribly illiquid.
The price has gone nowhere for well over 20 years.
The dividend (a positive change starting last year) is tiny but increasing (this year v last).
Based on the names of the directors a family grouping (quite possibly the founding famiy) has a significant stake (the CEO in particular). Three of the four executive directors have the same surname.

The new dividend might suggest some interest in rewarding outside shareholders. Otherwise it seems a candidate for a delisting of which there have been many in London in the last year or so. These do not go well for outside shareholders.

I will not be looking further but I wish you well with it.



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