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PFD Share Chat - RSS Feed

Premier Foods Share Chat (PFD)



Share Price: 45.00Bid: 44.75Ask: 45.25Change: 0.00 (0.00%)No Movement on Prem Foods
Spread: 0.50Spread as %: 1.12%Open: 41.50High: 46.75Low: 41.25Yesterday’s Close: 45.00


Share Discussion for Prem Foods (PFD)


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balbir_007
Posts: 132
Off Topic
Opinion:No Opinion
Price:27.00
reasons for share price fall ?
13 Oct '14
1. According to the results of RI on 8/4/2914, 18,062,657 shares were left with underwriters. Reasonable to assume these would have found a buyer in 6 months, so dumping of these shares can't be the cause.

2. News of a trading warning has leaked out to some shareholders and they are dumping shares, so that they can buy them back on or after 23rd Oct 2014. The company has had an opportunity on the 18th Sept 2014 to issue a warning as they did on 16th June 2014. trading could have taken a hit in late September due to weather again.This is possible, but would put this as a low possibility.

3. Premier Food is somehow linked to a Tesco style accounting issue. This is unlikely as PFD would definitely have to release this to the market immediately.

4. Price of Premier products were heavily discounted late September/early October. Fear of this could have frightened some investors. Other than Asda, most of these offers are finished, so can't see this being a reason.

I can't think of a reasonable reason why the share price is falling off the cliff other than fear effecting leverage companies. Can anyone come up with any other alternative.
 
2reincarnated
Posts: 1,659
Off Topic
Opinion:No Opinion
Price:27.00
EagleB
13 Oct '14
what sort of timescale do you think we are looking at for you to get to 80p again?
EagleB
Posts: 70
Off Topic
Opinion:Buy
Price:27.00
Die hard
13 Oct '14
Just bought more at 27p. This Company has cost me lots but I genuinely think the latest fall is market related and the firm has turned a corner with its latest strategy (I.e stopped selling off the family jewels) . Once the markets (and the food superstores pick up...and they will.. The SP. Of PFD will recover from this undervalued price. Has to go somewhere around 80p for me to be back in profit and that seems very realistic chance IMHO .
mkwarriors
Posts: 1,667
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:27.25
View Thread (2)
RE: first time post
13 Oct '14
welcome and good luck
furryferret
Posts: 10
Off Topic
Opinion:No Opinion
Price:27.25
View Thread (2)
first time post
13 Oct '14
Hi, Just thought I'd mention that I added nearly 3,000 shares at just under 27p this morning, brings my overall share price to 54p, which I think is realistic long term. If the price drops below 25p , will add more so reducing my SP even more. Interesting chat on here.
mkwarriors
Posts: 1,667
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:26.75
View Thread (2)
RE: The harder it falls, the higher..
13 Oct '14
MM's trying to scare Pi's and its working, but for every sell there must be a buy so either there is a rather large buy being filled or they have loads to sell later at a higher price
2reincarnated
Posts: 1,659
Off Topic
Opinion:No Opinion
Price:26.75
View Thread (2)
The harder it falls, the higher it
13 Oct '14
will rise!!! That is the only conclusion one can draw. I think that is entirely reasonable, because we are not seeing any prolonged shorting, if any at all. No profit warning, so why the fall?
mkwarriors
Posts: 1,667
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:26.75
selling
13 Oct '14
cant believe people are still selling at this price..... they must be loosing loads. Hold your nerve
BTFATH1
Posts: 2,774
Off Topic
Opinion:No Opinion
Price:27.75
Another battering
13 Oct '14
23p very feasible this week, the up up and away?
BTFATH1
Posts: 2,774
Off Topic
Opinion:No Opinion
Price:28.25
View Thread (3)
RE: Btfath
13 Oct '14
Will then sell half - sleepy typing :)





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