No matter what you say to try and make the sp drop it just isn't working for you is it, most investors and the city are expecting the companies position to greatly improve by November with higher sales and lower debt. So we could see the sp up to 80p, so if you are waiting for the sp to drop so you can buy in, you might be disappointed.
The six months I think are up at the end of this month or October. Why would it head south? the rise from the 30's to the 50's is due to an improved outlook as an independent company. Any more stakebuilding from Nissin would be an advantage.
Not sure if they will bid for the whole lot, rather, I feel they may build up there stake to just under the threshold. You would most certainly see the SP being at least the level the MC bid was suggested may go through Ie 75p.
Looks like they are building a war chest. On a previously message I was wrong on ONO when I spotted ONO having a holding in Nissin, did not notice Nissin also having a holding in ONO.
If Nissin does not buy PFD to be a flagship for EMEA region, then Mitsubishi could be next in line. Nissin EMEA region needs to be rapidly increased to be in line with the Americas region to meet growth targets.
I wonder if Darby already has an office at Nissin headquarters.
Hope you are right, but even if this is not the case as someone recently stated. There is no reason why Nissin cannot in the future sell their stake in PF for a lot more than 63p per share. Personally, it would not surprise me if Mitsubushi enter the equation at some point, they own Princes Foods.
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