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Premier Foods Share Chat (PFD)



Share Price: 32.00Bid: 31.75Ask: 32.00Change: 2.75 (+9.40%)Riser - Prem Foods
Spread: 0.25Spread as %: 0.79%Open: 29.50High: 32.00Low: 28.75Yesterday’s Close: 29.25


Share Discussion for Prem Foods (PFD)


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yampydog
Posts: 19
Answer
Opinion:Hold
Price:53.00
View Thread (6)
RE: Boring
18 Jun '14
As someone who woks for PFD, I can only say volumes have dropped significantly in the last 6 months and there is a big focus on cutting cost. Transport structure has changed and staffing levels have been particularly hard hit at both shop floor and management levels.
It doesn't feel good to be honest, the only saving grace is that although we have all the problems caused by inexperienced staff and lack of resource, we are able to batten down the hatches when volumes are low.
The question is when things pick up will we have the infrastructure and experience to meet customer service expectations?

I can only imagine 2nd quarter results will not make pretty reading from a sales perspective.
I personally hope the buyers show their hand again at 50p because I'm pretty certain we will see it again soon.
Expect a bumpy ride and be prepared to hold long term.
 
Magog
Posts: 56
Off Topic
Opinion:No Opinion
Price:57.50
Joint venture
18 Jun '14
Company announces another Joint Venture, this time involving the Knighton site - http://www.premierfoods.co.uk/news-&-media/press-releases/press-release.cfm?i=AD9549D0-1851-505D-DF39-59C93F179E08
Rofert
Posts: 223
Off Topic
Opinion:No Opinion
Price:57.50
leak?
18 Jun '14
Falls on Monday and Tuesday and 5% so far today.

Makes you wonder.
timwild27
Posts: 387
Off Topic
Opinion:Buy
Price:57.50
..
18 Jun '14
Put a order in last night for these. Doubt i will get them at the price i wanted now. :(
MrB386
Posts: 727
Off Topic
Opinion:No Opinion
Price:57.50
RNS
18 Jun '14
Released
marketmakers
Posts: 936
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:56.75
Looking forward to the
17 Jun '14
Vampire Squid's 90p target, he usually gets it right so have topped up !
mkwarriors
Posts: 1,582
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:57.25
MM's
17 Jun '14
doing their job well..... lots of sells of which are not stops they are O trades ...... people with no forward thinking. Hold and you will be rewarded!!
2reincarnated
Posts: 1,519
Off Topic
Opinion:No Opinion
Price:58.25
Northandy
16 Jun '14
Spot on!!! However, what seems to happen is PF ''freezes'' on results day and the SP seems to rise subsequently, by keeping a ''low profile'' I may be wrong, but from about 90p to 180 odd within a couple of months!!! That's history, we now have more shares in circulation, but crucially important, is the fact we can now see the end of the decade without the danger of the SP going to 0p!!!
Northandy
Posts: 666
Off Topic
Opinion:No Opinion
Price:58.25
View Thread (6)
RE: Boring
16 Jun '14
I've yet to see Pfd results do anything for the sp. if there's a rise it's generally ahead of the results, rather then when released.
mkwarriors
Posts: 1,582
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:58.25
View Thread (6)
RE: Boring
16 Jun '14
Anyone got any idea of what we could expect from the 2nd quater results, pressumably the easter sales will be included in these results so should give us a little boost



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