Q2 figures could then be very good. Which could result in share price movement like last year from July to Oct. I hope we can see share price 80-90p early june to get PFD safely into ftse250 at the next adjustment.
COMPARATIVE TRADING 2013 H1 sales were stated as 388M in RI document. Since easter is later this year (Q2) then the numbers could look much smaller for Q1 compared to last year. Also Management time over this period could have been diverted to the restructuring, so personally not expecting a lot, but love to be surprised on the upside.
The company said in the RI documents that Q1 would be poor - weather, Easter timing etc. question is, what have the markets assumed - it may be like Tesco where bad results are seen as good because they aren't as bad as expected.
These were the last years numbers for q1, so if they follow the same path everything should be OK. Sales excluding Milling of £327m up 1.0%, Branded sales up 2.2% • Grocery Power Brand sales increased 3.5% • Five successive quarters of Grocery Power Brands sales growth • SG&A cost savings programme on track • Full Year expectations unchanged The restructuring of our Bread business remains on track while the benefits of the previously announced £20m of overhead cost savings in 2013 are being delivered. .
In 2 months would be nice.anyone know when the next lot of results are.out.1st quarter are being released by the banks.understand the 60p price and reasons,but it's nothing to do with the companies value.just games as usual.off, aye, who would buy it. Oh yeah,me.
what you think it could take PF 2 years to increase by 50%? my god, correct me if I'm wrong you mean PF going from 60p(now) to 90p, may take 2 years? what planet are you living on? 90p is what many rightfully believe may be reached with 2 months!!!
My feeling is and probably shared by many here, is that a large number of shares are in the wrong hands and the daily buy volumes are not high enough to re-distribute them at the moment. Hopefully positive news flow starting next week will speed this up.
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