????? didn't finish my post. Unilever knows they need to ensure that the SP move towards Kraft's valuation or heads would roll. Why is PFD different, just a fake lie about growth when cost cutting could have been the focus......after getting zero growth.....GD decided to cut cost even though he has no clue.....same liar said brexit would have zero effect on PFD.
trading with in a tight range around 37-41. I've seen this sort of trading a number of times in shares I've been in - most recently in Thomas Cooke last year. The MM keep it in a tight range while someone like Merril Lynch builds a stake to sell on. Merril are up to 8% with others lined up too. On the basis of past experience, the fact that the shares have fallen and that the pound offers the best opportunity in years to take this share out, I've take a punt. The downside risk is 5p-ish from here. The upside potential at least 20p - could be 30p or 40p. Rightly or wrongly, I'm now in for the ride.
well if Oasis are making a noise by holding 5% of shares, just imagine what they could do with the 8% of PF they hold. But will have just wait and see, if Paulson continue to'' get the hump'' over GD rejecting the bid last year, why don't they sell their 2%?
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