Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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Good to see only 20 posts since mid March this bb.
Took a slice got *133.4p on my 131p sell order going strait through .
long time breaking through that resistance.
NewsToday 07:51
Premier Foods lifts dividend as full-year profits jump.
Good to see bought last slice back 13/3/23.
@ dogger.
Yes, you can see it coming a mile away, can't you?
Impressive performance yet again under AW’s leadership. Clearly been able to raise pricing and maybe ahead of inflation but hasn’t impacted upon sales and a welcome increase in Divi. SP should react positively.
Wait for the bbc and the rest of the msm…….Premier Foods profiting from the vulnerable……hit them with a windfall tax !!!!!!
Re
Given the current media attention around food price inflation, how will it look if Premier announce better than expected profits.
Dogger. Same as when oil and gas giants and energy companies announce massive unjustified profits. We moan about it but can't do anything so we get on with scraping a living and where possible, buy shares in said companies to try and recover some of the extra cost.
Positive reviews in the US
https://www.target.com/p/mr-kipling-strawberry-38-creme-cake-slices-6ct-5-8oz/-/A-87859667?type=scroll_to_review_section#lnk=sametab
@dogger. agreed. but don't forget that supermarkets are notorious for screwing suppliers like pfd, unilever, et al over on prices too. they only pay what they can get away with. joe public don't take that into account when they're all on social media sites such as facebook & ****ter. it's all 'greedy producers this, that and the other screwing everyone over' blah blah blah.
Given the current media attention around food price inflation, how will it look if Premier announce better than expected profits.
Personally I couldn’t care less what the media say but it will make the announcement interesting.
My understanding is that they had to put out the interim rns if the results were 10% better that expectation. So I guess we are looking at a 10% or better increase in profitability.
@Green555. That's all plausible. There was an unexpected RNS a while back saying that results were going to be "better than expected". So depending on what those figures are, I can see either:-
° Possibly reducing debt a little more.
° Increased and/or installing an interim divvi payment as well.
Just my opinion of course.
I think results will be good from the data news that i have gathering.
my hunch is we will get a final div of 1.6p or
1.4p to 1.6p final div with the possibility of interim div re-instated at next half year results!
With ever increasing interest rate, Pension liability will be reducing and possibly in surplus in all schemes.
This can only mean no need for further supplement to repair pension schemes! and the possibility of unloading the pension scheme to a pension management company.
On the last years earning we have dividend cover of 10, debt is now manageable so we can easily pay up to 3p in dividend. On this basis SP will head north of 150p
Assume an increase in SP to around 130p before the results and then a fall back on or after results day……any views anyone ?
Is on TV tonight. 8.00 on BBC 2
"Anyone got any ideas ?"
As I understood from answers to my questions during previous "Town Hall" event
1. PFD understands, that possibility of "global crisis" is high.
2. (in regards to 1.), PFD will try to maintain cash reserves
3. (in regards to 1.), PFD is charming possible creditors in case of need acquiring label of "safe heaven"
4. (in regards to 1., 2., 3.) PFD will be looking for strong, "under-valuated assets" to acquire.
5. PFD is looking for market segments to increase dominance so they can deal with big retailers. As an example, Ambrosia brand has significant price increase, but retailer brands can not have enough stock to compete Ambrosia out of market because it is Ambrosia who produces for them too. Tesco tried supplier in Belgium (before Brexit?), that did not end well and they are back to Ambrosia.
PFD shows how confident they are now to secure deals for future. I am not sure that you are the main target of the current news.
Sorry should read May 18th!
Well, some week's since a bit of excitement.
I am particularly looking forward to confirmation of exactly how much debt reduction has taken place.
Obviously they need some debt, but continued reduction, coupled with good sales, in an as yet, weaker than expected recession is going to tip this share in the balance of a strong buy at some point soon I believe. I have no inside knowledge, hoping to sustain £1.30 plus from next week. I also can't wait to see what business they buy next, baring in mind I didn't think the spice company was great value, but initial signs look good.Great BH weekend all.
Some pensioners are pegged at 5 % maximum increase! Bad for them not so bad holders
Ah, another mystery solved then. And I'm happy enough with my free shares.
Apparently if profits are outside the expected range by more that 10% either up or down they are obliged to issue an RNS. So I guess that explains it.
It does seem a little odd, but there must have been a reason for it. There's usually a cost involved in putting an RNS out there so I'm told, so would they have spent that money if they didn't have to?
Having said that, I did do a cheeky little swing trade on the back of it and scored for an extra 32 free shares out of it, so I'm not complaining.
Well a few days later Dogger, there has been world bank trouble, well 2 banks, over played by the media again and PFD shares slightly up.
End of year numbers, declared 2.5.23.
This business was once a very big player,10 plus years ago.
Like success for big football teams, it's all cyclical in my opinion. We have been creeping back to prominence quietly and last week, that spike must represent something in the back round.
I'm in for longer term anyway, I am convinced it will be up one way or another.
Cheers
They put out an unscheduled trading update……the SP shoots up to around £1.30 and a week later it is not far off back where we started.
What was the point ?
Anyone got any ideas ?
Bought the slice of last Tuesday back at 9.30am for *119p ( 130 to 119 = 9% )
Was going to stop buying anything this week until margin increased above my planed safety level .
Big market falls today Monday Ft100 hit two month low of 7500 (-2.6% after two hours ) this after the USA tec start up bank SVB failing Friday.
Surprising as contagion talked down over weekend .
Mentally easier for me buying back last weeks sales then looking for cheap shares elsewhere.
I saw after buying one of Motleys writers had similar ideas.
Harvey Jones wrote.
Banks crash. Stock markets fall. I’m buying cheap stocks
This looks like being a volatile week for global shares. It may also prove an opportunity to add a few more cheap stocks to my portfolio.
Aviva, Legal & General, BT Group and Unilever all look nicely priced to me. They could look even cheaper in the days ahead.
Can’t see any reason why they would, can you ?
Sorry wrong board. Should be JLP
https://www.independent.co.uk/tech/superconducter-material-new-breakthrough-electronics-b2296644.html
Wonder if this may have any bearing on new SP lows?