Interesting article on why food manufacturers not in same boat as the large supermarkets. The table showing PFD Net debt/EBITDA as 5.98 seems to be before rights issue, but should be around 3.5 now. PFD this stock will get re-rated and current low share prices will be history as soon as we approach the full year results and start of 2015/2016 financial year with new fundamentals. Comment by Dr Clive Black/Shore Capital : Premier Foods (Buy) is also much too lowly rated to our minds.
Don't think I've ever wished for cold weather but if I could change the current weather I'd make it as cold as alaska just to get this dam share back up to most of our break evens. Seems the resistance at 38 -39 is just to much to over come this time.
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