If PF can show they can show they can do without a rights issue in 2014(I feel they will) then the SP will pick up where it left off ie £1.84, where will it go? who knows. What we do know is that the higher it goes in 2014, the higher the new issue price will be. A set number of shares will be issued at X pence in 2015.
Rights issue, I recon the company would like to stabilize the sp at about £1.80, then go for a rights issue price somewhere around the £1.50 mark, If they can not hold that and the sp settles around the £1.20 mark for the next few months then they would have no choice but to go with a 90p- £1.00 offer. Who knows what’s going to happen.
Look. Malibu. Do u really want me to state some shares that are not gambles? I will but u have to trust me. I've been involved with pfd for years + i know a tiny little bit more than u. If u are thinking about buying a share then run it past me 1st. There are 3 fundamentals when investing hard earned cash.
I had to. Again, said it before. Sold at 1.73 probably got a little further to fall. Just a little mind. Then we will have the hovis joint venture or sale and it will rise again. Have we forgotten the profits increase and cost reduction people. And the at expectations results. I don't want to see 60p or 85p again, people need the £1 plus for there patience. A few gitters with hovis, debt and pension liability. Now where have I heard that before ??? Hold in there pfd people. Only sold halfish at £1.73. Like the excitement of the share
Well now this 120p has been broken what come next??? few weeks ago I thought to buy back at around 120p HOWEVER with the retrace in full swing again I will take the chance and wait a wee longer.....maybe 100p will do. having said that I believe this trend will reverse and good rewards once it will.....I have seen it all before here....GLA..
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