Added to YB: 2026-08-14
Pitch date: 2026-08-11
FIH.L [bullish]
FIH group plc
+9.29%
current return
Author Info
Price to Tangible Bruce is a deep value investor. Buying what most investors don't like across global public markets. Sign up for the newsletter.
Company Info
FIH group plc, through its subsidiaries, provides retailing, property, automotive, insurance, tourism, shipping, and cruise ship agency services in the Falkland Islands and the United Kingdom.
Market Cap
GBP 19.0M
Pitch Price
GBP 1.35
Price Target
385.00 (+26002%)
Dividend
4.44%
EV/EBITDA
7.05
P/E
-8.54
EV/Sales
0.53
Sector
Commercial Services and Supplies
Category
special_situation
0.42x TBV Cash-Rich & Unlocking Value - FIH group plc
FIH.L: Falklands mini-conglomerate at ~0.42x TBV, cash exceeds £16.5m market cap. Sold ferry & art divisions above book, returning big special divs; retained FIC (Falklands general trader). De-rated on AIM Rule 15 cash-shell fear + dividend-capture selling. Base case 0.8x TBV = 70%+ upside; bull 125-175%. Catalysts: Momart sale approval, AIM ruling, FIC turnaround (MoD dispute resolved, losses narrowing). Risk: cash-shell suspension.
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