Register
Login:
Share:
Email Facebook Twitter


Ariana forecast 47% rise in Kiziltepe gold production


Premier Foods Share Chat (PFD)



Share Price: 37.70Bid: 37.50Ask: 37.75Change: 0.00 (0.00%)No Movement on Prem Foods
Spread: 0.25Spread as %: 0.67%Open: 38.00High: 38.25Low: 36.80Yesterday’s Close: 37.70


Share Discussion for Premier Foods


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


2reincarnated
Posts: 3,334
Off Topic
Opinion:No Opinion
Price:37.90
tracker2009
Thu 08:52
AA shareholders are where we were in Oct 2013 when the SP hit £1.85. Quite simply the debt is so much a rights issue will be called soon. Little did we know that the shares in PF would be available for 25p each after the RI. With the AA I feel the RI price will also be 50p and the SP will drop below this.
 
tracker2009
Posts: 119
Observation
Opinion:No Opinion
Price:37.80
Re anything can happen
Thu 07:54
I sincerely hope that a sudden share price rally is all that we would have in common with the AA. Following 2reincarnated's post I had a quick look at the AA, and see that it's debt is pretty much 4 times it's market value, wow. It almost makes me glad I'm in here rather than there. I think that there actually is what could be a decent if unspectacular business hidden away here, if only we had a decent management team to realise it, rather than darby and his fellow incompetents. I await developments as always more in hope than expectation.
Thecountofmc
Posts: 96
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:37.95
RE: anything can happen
Wed 15:13
I get the feeling something is going on behind the scenes. There was a cluster purchase of shares by 2 directors back in August and again recently by the new chairman. Also the price action of this share is strange, especially on the open, as if it is being held back for some reason. Just a gut feel.
2reincarnated
Posts: 3,334
Off Topic
Opinion:No Opinion
Price:37.80
anything can happen
Wed 12:32
Just look at the AA. A few weeks ago the SP fell to 70p on debt fears, as those fears have eased, the SP has doubled.

http://www.cityam.com/284241/aa-shares-double-value-markets-believe-breakdown-giant-road
dogger
Posts: 229
Off Topic
Opinion:No Opinion
Price:37.80
RE: OLDTIMER
Wed 12:31
When you say £on the back of nothing£......don£t you mean GD£s promise of 4% sales growth ?
2reincarnated
Posts: 3,334
Off Topic
Opinion:No Opinion
Price:36.85
OLDTIMER
Wed 09:38
Your suggestions are perfectly logical. However, I'm still of the belief with PF ''little things go a long way'' On that basis, a small increase in the right sales could get the SP above 65p. Alternatively, debt reduction confirmation could do the same and more. It must be appreciated that Oasis are also a ''hedge fund'' and if they sell at a profit to the right buyer, Nissin would almost certainly have to top up to 29.9% or try and bid for Batchelors. That scenario could see the SP hit a new high above 65p. It must be aqppreciated, the SP hit 57p in Sep 16, on the back of nothing!!!
oldtimer
Posts: 4,998
Observation
Opinion:No Opinion
Price:36.85
pfd
Wed 09:24
very poor performance, slip of the mind this time.
oldtimer
Posts: 4,998
Observation
Opinion:No Opinion
Price:36.85
dogger
Wed 09:22
In all honesty I don't believe anything much will happen with the results. All I know is it's about bloody time a plan any plan started to work, assuming GD does have some sort of plan apart from his gravy train.
I just cannot believe other major shareholders haven't forced him out after his very pore performance over the last few years.
Maybe they know more than us and have faith in him, I just think there are many things he could be doing and hasn't yet.
After his work with Vodaphone and C&Wireless I thought he was brought in to sell off pfd and that could still happen at some stage.
dogger
Posts: 229
Off Topic
Opinion:No Opinion
Price:38.50
RE: state of play
Wed 08:44
Hi Oldtimer
That seems a reasonable scenario. What makes you think that anything, other than the actual results, will happen at results time ? It would be interesting to know about the current relationship between GD and Nissin. They must have been best mates two years ago....I wonder if that has changed.
Also we still don£t know what happened to cause Oasis to pull out of their agreement.
All very interesting......but we really need to see some action !!!
oldtimer
Posts: 4,998
Observation
Opinion:No Opinion
Price:38.50
state of play
Wed 08:14
So after all this time what do you think the state of play is now?
If Nissin bought pfd for say 55p a share they would keep Batchelors and sell off everything else for say £300m and end up with Batchelors for free.I think GD still believes the pfd is worth 85p-£1 a share, and I think Nissin still want to buy pfd for 50p- 65p max.
So if GD cannot sell pfd for 85p- £1 then maybe they do sell off Batchelors for £250m to Nissin and then try to sell what's left for another £300m.
I also think Nissin is playing a waiting game while pfd build up total Batchelors sales to a great level that makes it more worth while for Nissin to make the bid, and in-fact that's what's been happening for the last 1-2 years.
Either way this should turn out much better than at present.Bring on the results.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.