Register
Login:
Share:
Email Facebook Twitter

PFD Share Chat - RSS Feed

Premier Foods Share Chat (PFD)



Share Price: 46.25Bid: 46.50Ask: 46.75Change: -1.00 (-2.12%)Faller - Prem Foods
Spread: 0.25Spread as %: 0.54%Open: 47.50High: 48.00Low: 46.25Yesterday’s Close: 47.25



Share Discussion for Prem Foods (PFD)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


derk
Posts: 32
Off Topic
Opinion:No Opinion
Price:61.25
Re:selling
14 Apr '14
Being optimistic, maybe there is a big order in so the middle men are setting off the stops losses to fill it.
Not been watching so I wonder if the spread has been varying throughout the day, that will tickle the stop losses..
 
mkwarriors
Posts: 1,469
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:61.25
View Thread (2)
RE: selling
14 Apr '14
wonder if the drop today was manipulated to activate stops before we start to rise?
mkwarriors
Posts: 1,469
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:61.25
View Thread (2)
selling
14 Apr '14
what I cant quite understand is why people are selling (or setting stops) this close to the rights price....they would have been better to take the cash at the time and not the shares. I expected some volatility but never expected to get so close to the RI price
oldtimer
Posts: 2,107
Observation
Opinion:No Opinion
Price:61.50
pfd
14 Apr '14
So with the latest RNS today up-dating us on the company, with Gross proceeds of £353 million have now been received by the Company in connection with the Placing and the Rights Issue, and further to the announcement made by the Company on 17 March 2014, gross proceeds of £500 million from the offering of (i) £325 million 6.50% senior secured notes due 2021 and (ii) £175 million senior secured floating rate notes due 2020 at 3-month GBP LIBOR plus 5.00%,
PFD now looks set for a steady rise in the sp and a safe future until 2020.
Should also see them back into the ftse 250 very soon.
oldtimer
Posts: 2,107
Observation
Opinion:No Opinion
Price:61.25
hulmey72
14 Apr '14
Hi, I guess many including myself expected this to stabilize at about the 70p-80p mark after the rights issue and I think it will still do that after the a few weeks of settling down. This is fairly normal after any rights issue, remember there will be lots of people / institutions taking advantage of a profit and selling their stock for a fast return.
I still see this at about the 80p-£1 mark after 6 months but who knows what it will be.
Saltydog
Posts: 175
Off Topic
Opinion:No Opinion
Price:61.50
View Thread (2)
RE: Any long term holders offer adv..
14 Apr '14
I'm no expert at all, however I have been watching for a good buy in point for PFD.

My fear here is that with the likes of Lidl and Aldi eating into the market share of the more conventional supermarkets I can't really see how PFD can grow unless they get a lot of their products stocked in them.

It's only my opinion, but I am looking at how they can drive their distribution channels further and would seem the obvious choice to me.
hulmey72
Posts: 447
Question
Opinion:Hold
Price:61.25
View Thread (2)
Any long term holders offer advise?
14 Apr '14
I thought the placing would offer stability so bought in at 69. Where do people see the SP over next 6 months?
Poosmells
Posts: 78
Off Topic
Opinion:No Opinion
Price:61.50
Rns
14 Apr '14
Rns out
legobrickgirl
Posts: 3,144
Off Topic
Opinion:No Opinion
Price:64.50
UBS
13 Apr '14
It is very confusing how they put it and I would not b surprised that they have ticked a wrong box.
I am personally taking it as they have unloaded their shares and have sold all or near enough all. This would be part of the reason for PFD to drop further than most people expected it to.
On the plus side, they are gone and the sp can now rise again as there is no longer a seller.
I personally give my rubber stamp of approval for a "BUY" on this share now and would expect 100% return in the shorter term. I'm only in atm on a small spread bet but will buy in if I can juggle a few shares about before it rises too much.

Gla
mkwarriors
Posts: 1,469
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:64.50
View Thread (2)
RE: UBS Rns
13 Apr '14
including nil paid rights they had 9.2% on 3rd april so did they just take the cash instead of the shares which would have now put them below notifiable threshold?



Share Trading BrochureRequest your Free brochures on share dealing, spread betting and CFDs

Sign up for Live Prices
Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


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.