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60+ nicely in profit after all those years of hurt not even nervous of keeping hold of these now. Things looking rosey now.
I hope all old PFD timers are in the same position as me now !
from sub50p
Yes, Premier still own part of the site....The manor bakeries part. Not sure if they sold the land with the typhoo deal or not.
Thank you for correcting me on Typhoo tea . Do they own the site at Moreton , or does it still belong to Premier Foods , and they pack under contract as third party suppliers . It is a very large complex , and Premier still produce food products from the site as far as I know.
this was exciting for me on Friday.
Closed @ 58, and look at the buys compared to the sells... PFD is now the place to invest money long & short term. Only moving north...
Vol. Sold 434,143
Vol. Bought 1,642,777
You beat me to it Dogger. 2005 I think
Premier don’t own Typhoo tea any more, they sold it years ago
Just watched the television programme on the tea factory at Moreton on The Wirral . Very very impressed with the show , and casts Premier Foods in a very good light . They have coped exceptionally well in the current crisis , and increased production in line with demand . We could not wish for a better advert for our business , hats off to them . Thank you .
Kullamama. Your post and reasoning is excellent. I remember buying TW at 25p and sold at 52 to pay down my mortgage, and its now at 1.50. I have paid attention to your post, and.i am more than happy to wait and see. This share has a habit of bursting quickly with the right news. I dont want a takeover, i want the business to get stronger, and obviously the price to rise as a result. No hurry to sell this, would be nice to see a dividend, but opinion on this has been mixed in the past as deby weighs us down, but hovis sales, bumper profits, pension payment reduced , debt will reduce......so we could get a divi. Im very invested in the company, so will wait and see. Always loved the products and always seen the potential. I think this will pay off.
Many thanks for taking the time to post the information. For a very long time I have cursed the day I bought into this "runt" of a company. It is just possible that this week I many finally feel better. GLA
Quite a few in a similar position here. Bought as part of an employee share save scheme then put my own money in through 3 rights issues only to see it eroded away. Sticking here until a dividend is declared will not sell through sheer bloodymindedness . Log way to go as now have only about 20% of my capital left.Remember the price was once about £4 lonnnnng ago!!!!!
This share has held incredibly well this week at just shy of 58p, for a friday with such a large rise over the last week and even more so over the last 2 this holding anything around this figure is for me nothing but great news. I have every confidence in results being outstanding next week and cannot wait for 80p!
GLA its about time premier turned itself around!
Hi Magog
I am similar to you.....but different. I am an ex premier employee who survived the RHM takeover and then retired. I am a very long term holder (back to when the sp was £3).....although I have averaged down somewhat since then. There have been so many false dawns over the last few years, but this time it does feel different. It seems that this management team seem to know what they are doing. Also they seem to have had some luck (Covid) which has been lacking over the last few years.
Anyway.....results next week.....hoping for a nice rise in SP......and a little divi ????
As an ex-RHM employee who survived the buyout by Premier, and then retired from Premier, I'm a long-term holder who's desperate to get SOME bl**dy money back out of the company. Whether that's by waiting for some kind of dividend or waiting until the SP bounces back to somewhere near my average (or until the desert sands freeze over and the camels come skating home) then selling . Good luck to all long-termers and those with a genuine interest in these shares.
????????
Here, here !!!!!
let the 24th June be our independance day.
From reckless corrupt management who turned the company into a zombie
From vampire banks and city brokers who were sucking the company dry with high fees and loan shark interest rate
This board has been liberated from die hard darby lovers
New high again 58.9.. might see 60p today
Im a long time holder. Ive seen the patterns before, but i really think this has turned around. As long as the results match what they have told us this will rise. If we get a dividend, either a one off or continued one, again we are laughing. I know debt reduction will improve overall performance but institutional investors want dividends. If we get this as a result of profits 85p here we come. I do remember the price consolidation though, and paying 50p on the rights issue. Many years ago. I dont think i am getting carried away and 65p before results should be about.right.
Anything under 85p is great value... this has got at least 30 % to go
It's great that PFD has risen and that things are looking more positive. Be careful of making short term predictions about the share price. Yes there has been some good news lately, but still no dividend and in current climate there are many unknowns. Maybe I have been burnt too many times but really there are no one way bets and some good updates does not always end up in long term recovery.
At 9.00 webcast
Register at http://www.premierfoods.co.uk/investors/investor-centre
Im looking at 65p before results
Maybe
I was happy when it went to 40p, flippin heck. I have to stay for results day as well. Ive been in and out, and recently topped up at mid 20s and 40s. Next week , this week could be 60