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Premier Foods Share Chat (PFD)



Share Price: 46.25Bid: 46.00Ask: 46.50Change: 0.00 (0.00%)No Movement on Prem Foods
Spread: 0.50Spread as %: 1.09%Open: 46.25High: 47.75Low: 46.00Yesterday’s Close: 46.25



Share Discussion for Prem Foods (PFD)


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mkwarriors
Posts: 1,471
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:46.25
View Thread (2)
RE: mkwarriors
Fri 13:25
not quite sure what you are getting at
 
Breton59
Posts: 24
Off Topic
Opinion:No Opinion
Price:47.25
View Thread (2)
mkwarriors
Fri 08:17
I got roasted a few weeks ago in the banking sector for not commenting on the 'dark arts' and 'black magic' used to get Lloyds directors to buy HSBOS. Didn't realise it's spreading!!!
mkwarriors
Posts: 1,471
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:47.00
trades
Thu 15:53
massive buying vs sells
Fernie123
Posts: 252
Answer
Opinion:Strong Sell
Price:46.75
View Thread (2)
RE: PS FERNIE
Thu 15:27
You are entitled to your opinion + so am I! I am not a shorter or a ramper. If you don't like people stating their opinions then don't read them. Carry on living in fantasy land...just read all the positive comments and live your life 'blinkered'....I have a lot of experience in this field. Ignore me at your peril.
mkwarriors
Posts: 1,471
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:47.25
IC article
Thu 06:47
Premier Foods' (PFD) results were complicated by a raft of exceptional charges related to the refinancing and restructuring of the struggling business. Strip these out, along with disposals, and the group actually MADE a trading profit of £48.1m in the first six months of the year - up 2 per cent on last year.

That was thanks to cost control and hence margin improvement, but also a shifting of some consumer marketing spending into the second half. It also came despite a significant slump in revenues, driven in part by the mild weather, which affected sales of wintry foods such as gravy and soup. But chief executive Gavin Darby explained that the sales decline was also due to a focus on improving the quality of sales, which saw Premier REIN IN loss-making promotions. This resulted in lower volumes, but boosted the average return on promotions from 36 to 48 per cent.

Having refinanced its debt-laden business, Premier is also embarking on a massive marketing campaign, which will include television ads for Mr Kipling cakes and Homepride sauces and bakes in the second half. New products and packaging designs are also set to be unveiled. Marketing spend will be double that in the first half.

Investec expects pre-tax profit of £93.1m for the full year, giving EPS of 10p, up from £81.1m last year.

IC VIEW:

Premier is relying on its marketing campaign and product launches to re-energise sales. Since full-year trading is likely to be heavily weighted to the second half, we leave our recommendation unchanged until signs of improvement emerge. Hold.

Last IC view: Hold, 61p, 8 May 2014

visible-status-Standard story-url-premier_interims_220714.xml

By Julia Bradshaw,
22 July 2014

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mkwarriors
Posts: 1,471
Premium Chat Member
Research
Opinion:No Opinion
Price:47.25
express article
Thu 00:49
mkwarriors
Posts: 1,471
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:47.25
View Thread (2)
RE: price
Wed 13:42
Hey don't knock it ..... a buy rating is exactly that
Mr008
Posts: 43
Off Topic
Opinion:No Opinion
Price:47.25
View Thread (2)
price
Wed 13:38
it is the opportunity to buy in now!



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