Just as Unilever has shown..........GD is a fool. Selling more branded stuffs to supermarkets at reduced margins makes more sense as costs could be cut, brands become stronger over time and less competition from supermarket own brands. Nissin is into noodle business and "super noodles" seems like a good asset to add. 80p + offer will come soon before the next downturn.
It all depends on what price sweet treats fetches and what is done with the proceeds. We simply do not know what plan GD has in mind and we don't know what the intentions of Oasis are. They are ''active investors'' but what would they propose doing? In the event of a sweet treats sale, we would still be left with several brands which have ''brand image'' but require investment.
After yet another year of dismal performance under darby's value eroding deer in the headlights leadership, it wouldn't surprise me at all if a bid of no higher than 62p was made and accepted next time around.
Also, if, as some suggest, sweet treats could/should be sold off, what would be left of pfd that is worth anything? Be careful what you wish for.
Yesterday evening I popped in to a branch of Asda and noticed the "New" potted Super Noodles on the end of an aisle at a price of 50p. It had looked like shoppers had taken to buying them as the shelves needed restocking. The pot however at 75g does look a lot smaller than a standard Pot Noodle at 90g so whether shoppers buy in to the smaller pot long term will remain to be seen. I think they should perhaps consider a larger pot to rival the King Pot Noodle size to make it more attractive to bigger snackers.
So you are suggesting Nissin bought 19% of the company at 60p in order to sell at 80p? In doing so they would prevent Mc Cormick from coming back and also ensure they left a 'permanent non-reversible footprint'' on the company. I think Nissin are too big to be doing somebody else's ''dirty work'' for them, however, I wish your theory is right and they are just ''holding the fort'' whilst another bidder emerges.
If you are shorting, take profits now before we get a proper offer. Darby' hand is weak now that he couldn't produce 1% growth. Nissin are simply investors and would sell easily for 80p so not bad for their investment and might end up buying the noodle part of the business too.
The Group is pleased to confirm it will be distributing its first Nissin branded products in the next few weeks. The Soba noodles pot product delivers authentic noodle texture and flavours with distribution across most major retailers from February 2017. Additionally, great progress has been made with the new Batchelors Super Noodles Pot product which is expected to launch earlier than expected, also from February 2017. This brand new launch demonstrates the benefits of working closely with the Nissin research & development teams and manufacturing base in Hungary to deliver the popular Batchelors Super Noodles in a pot format for the very first time.
Anyone seen any evidence of either of these things happening yet ?
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