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Surely it is sensible compare with two years ago which is pre-Covid.
Last year was during tight lockdown when all we did was cook at home, hence our numbers were higher. So comparisons with that are not comparing apples with apples.
Or am I missing something
Is it me or am I reading this wrong but things don't look that good.
OK they are keen to compare everything against 2 years ago which do look good but when you look at the numbers vs last year when we should be well up with stay at home etc Grocery is down across the board. Can see the SP going down a litle maybe. Just my view.
Trading & Profit combined with a positive outlook is never a bad combination so happy with that. How the Mkt reacts is anyone’s guess these days, but will tuck away again for a couple more years yet. Like AW style !
They are still using comparisons with 2 years ago. How will the market see it ?
Group sales down 1.8% on last year. The media focused on results compared with last year at the half year update.
My personal view is that management should stop “smoke and Mirror” tactics.
Yes for many years I think many of us have held until after the results hopping for bigger gains but failed every time, But you know now that you have sold the sp will do the opposite, what a game !!!!
I have joined you Dogger , just £5k in my case
Just as an experiment , good luck , let’s hope we can
make a few extra shares !
I have just sold a sizeable chunk of my holdings on the basis of what you describe as business as usual. Good results tomorrow followed by a fall in SP.
On the basis that I usually get it wrong…..I predict a sustained rise in SP over the next few days/weeks.
Will it be business as usual today?
Rise in the afternoon followed by the drop on results tomorrow?
But hopefully we will pleasantly surprised ,
good sales in the latter part of the year , big chunk of
debt paid off , rise in dividend this year product development and an update on the USA strategy going forwards.
But will all this wake up the SP and get it moving towards £1.50 this year ?
GLA
Surely this set is the one to get the share price moving
https://uk.finance.yahoo.com/news/uk-christmas-supermarket-sales-exceed-103820019.html
Much more
Trading Announcement 20 January 2022
“Sales of mince pies across all supermarkets hit £62million, up 7 per cent on 2020, and £61million was spent on Christmas chocolates, representing a 21 per cent increase on the year before.”
https://www.thisismoney.co.uk/money/markets/article-10370815/amp/Tesco-market-share-grows-Brits-splash-mince-pies.html
New ready to eat porridge pots by Ambrosia
https://www.instagram.com/p/CYRO9P-oB8S/
This is more like it
Onwards and upwards
In a couple of weeks we’ll have a Q3 update . Hopefully that ‘strong momentum’ mentioned as going into the second half of the year , won’t have subdued !
To the year.
Happy new year to all PFDers.
Looking forward to further progress in 2022.
There have been a lot of people staying in locally. Went out last week and the restaurant was empty. Work doo was cancelled so we had a budget to buy stuff at home, so bought cakes etc. Fingers crossed it has a positive impact on premier. It has changed habits where i live.
Same here. I am sick of media hysteria.
Just ignoring it and getting on with my life.
Where I live most people seem to be ignorthe harbingers of doom and just going about their lives as normally as the laws allow.
Surprised this hasnt moved much. Move to home gatherings and cancelled christmas meals out, would think it will give us a boost. Lets see how this impacts results.
I know what you mean here Dogger, but good to have relative stability, compared to when i came in at 43p.
This has become a "Keep calm and carry on" stock, sat in the back round. I am here for it to steadily grow into something big, over say the next 2 -3years, increase divi slightly, but as more debt is paid off, i maintain it has an edge of excitement as a takeover target. Can't deny it has a range of great brands.
All imho of course. Have a good festive period all.
Goes up. Pfd goes down.
Goes down Pfd goes up
Business as usual then.
For the week.
Covid woes , inflation concerns…..
However we are not looking bad ( sp ) and of course we are in peak season selling , which is reducing the debt down further and towards product development
https://www.kamcity.com/namnews/products-promotions/premier-foods-adds-to-oxo-and-paxo-ranges/
Think this calls for a mince pie
Yes, you would think that PFD would benefit from all the covid doom and gloom….but it doesn’t seem to work like that !