Are you feeling alright fernie? This share has been mentioned on a couple of bbs I read recently and one guy was recalling that lego and I both held it. I checked and it wasn't too easy as pre consolidation shares are given a different name in my account. Last sold 13th March, 2012 at 11.60p or over a pound post consolidation. Had shares both above and below that level - most memorably around 3p when lucky les thought I was mad selling to go away and have a good Christmas. The other guy mentioning it on another post was saying he was gonna short it to zero. When I see a share getting mentioned on another bb, I immediately get suspicious and think it is either being pumped or unfairly criticised for a particular purpose depending on the content of the post in question.
As I see it, a whole generation of oxo mums have gone - a bit like some of the old faces on here. Where is queserasera, lone wolf, hairey Davey etc. etc. Bisto a market leader? It's a tub of aunt Bessie's in my cupboard at the moment. Take care and concentrate on the matters in hand rather than other posts. Have fun.
Shore Capital is predicting ‘simpler, more stable and brighter times ahead’ for Premier Foods (PFD) after a difficult period.
Shore Capital analyst Clive Black reiterated his ‘buy’ recommendation on the shares, which fell 1.4% to 46.4p yesterday.
‘Premier Foods will, we sense, be glad to see the back of a year that promised so much after the transformational refinancing that took place in spring 2014, only for positive momentum to fall away amidst, frankly, very disappointing trading through the spring and summer months, the performance only really stabilising around the turn of the year,’ he said.
‘Looking to the future, while somewhat battered by the experience of full-year 2015, we are cautiously optimistic that Premier can benefit from favourable comparatives, improving market volumes, a benign cost of goods environment and the ongoing investment in capacity and more and better marketing.’ " let's hope he is right,and all signs are in favour of a better trading environment.
in recent articles it was indicated sales of Kipling sales are now £163.5m, cadbury sales are now £72m, I compared this to figures reported in 2010 as £136m for kipling and as £58M for cadbury, from this I mistakenly concluded a big increase in 4 years ( apologies to all). In the results it is stating total sweet treat branded sales as £175M only ( page 16), this would still be well below 2010 level. Just shows we can't always believe articles like these. Also indicates just how far the cakes business had suffered in the last 4 years, even with a large sales rise in the last 6 months.
get your facts right!!! I have never ''de-promoted'' this share. I have always been confident of this stock rising eventually to a very high level. Yes I have been wrong when it has fallen, but I can be excused for being wrong, because GD has said ''there will not be a rights issue until after 2015, we will have one from a position of strength'' did he stand by this? Can I be criticised for seeing the SP fall
Fernie, you have my vote of confidence and a special kiss for being most accurate predictor of share price movement over the last year. Just hope you are also right going forward, it will please a lot of people on this board. This together with messages from the likes of Balbir and KiplingCakes give me a lot of confidence going forward.
I only say 47p because that was the sticking point last week. I want to use the funds to top up a riskier share and if it does ok ( with my golden touch it will definitely bomb ) I will definitely go back into pfd because I do think it has good long term potential.
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