Read an article in the guardian recently about British companies being bought up since the Brexit because of the weak point. I think there were be a take over. But if not the company is on course for recovery. Also massive selling point is its British brands.
we will probably be reading each others comments for quite a few months to come, 50p this week would be fab. Even though I am presently sitting an a large paper loss, I am confident of PFD's future and more importantly my funds.
we have already had an rns in respect of another player recently building a stake, however modest. Don't think volume is so bad, so we could still see some buying soon. Remember we are approaching a slow period and will see a pick up in early September. I see no reason why we should not crawl to 50p this week. If Nissin wait until 2017 following evidence of the cooperation bearing fruit, they will end up paying a lot more than they would do now.
Fair comments, and I hope I am wrong. When we finally found out about the MC offer, I believe it was around the second bid time when the sp was 30p. To then have the third 65p bid rejected and then find that another friendly large player had joined at 60p, I suspect will put MC off any further approach. The message in the last update "Work streams established for the co-operation agreement with Nissin are now well underway, with collaboration on both sides building well commercially and operationally. The Group expects to be able to deliver tangible initiatives from these work streams in 2017" is the reason for my comment of why would Nissin bother make any further move. Also, do you not think that the relative low number of daily trades will keep the sp within 45 - 47p range? ATB
whilst we may not hit 60p before the next update (hope I'm wrong), there certainly is no reason to drop to 45p, considering we may actually finish a bit more than 47p, TONIGHT!!! Regarding MC, if there was anything better for them, why bid for PF 3 times?
The 2% sales increase in sales confirmed last Thursday, no other news of any significance, Why would Nissin bother to make any further move when they have a foot in a friendly door. Mc Cormick can do better elsewhere with their strong $. We are staying 45 - 47p till at least next update in November.
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