Register
Login:
Share:
Email Facebook Twitter

PFD Share Chat - RSS Feed

Premier Foods Share Chat (PFD)



Share Price: 32.00Bid: 32.00Ask: 32.50Change: 0.00 (0.00%)No Movement on Prem Foods
Spread: 0.50Spread as %: 1.56%Open: 29.50High: 32.25Low: 28.75Yesterday’s Close: 32.00


Share Discussion for Prem Foods (PFD)


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


Bicbiro
Posts: 141
Off Topic
Opinion:No Opinion
Price:51.75
View Thread (2)
RE: The best time to top up??
18 Jun '14
No.

Sales growth in the second quarter was, due to the timing of Easter (the reason given for Q1 being so poor) supposed to be positive so for them now to say it will be negative is bad.

This business already has very high margins so for them to say sales down but profit the same says margins will go even higher! As for profit expectations remaining unchanged - this business just has no credibility - too many times they've come out with confident assertions about how everything will be alright, only to disappoint.

Picking up from the other comments from insiders, this business has already cut costs to the bone - further cuts really means less advertising, less innovation and therefore sales will continue to fall.

This business needs to demonstrate that it knows how to get sales growing and quick otherwise debt will become an issue again. It will be interesting to see what they say at the analyst day.
 
RPDrake
Posts: 104
Off Topic
Opinion:Buy
Price:51.75
View Thread (2)
Buy opportunity
18 Jun '14
I was hoping it would target of 56p to buy in, thought it was my birthday.
georgejoseph
Posts: 188
Off Topic
Opinion:No Opinion
Price:52.00
It is better to out
18 Jun '14
Until PFD comes with the other any other good news this share price is going to keep on falling,,, Better to be out now than later,,,, For the shareholders here next few weeks going to be bad,,, But for long term it should pick up,,, Looking up to invest if it reaches 40P. It could reach 40 P in few weeks for a buy back ,,,, Will see
MajInsane
Posts: 21
Observation
Opinion:No Opinion
Price:52.00
View Thread (2)
The best time to top up??
18 Jun '14
I've read http://www.premierfoods.co.uk/news-&-media/press-releases/press-release.cfm?i=AD9549D0-1851-505D-DF39-59C93F179E08 a couple of times and can't seem to understand why the shareprice would drop 10%. There was nothing in Press Release that wasn't expected looking at the market conditions.
Something to highlight in the press release is "While Power Brands sales for the second quarter are anticipated to be negative and below the Company’s expectations due to subdued grocery markets, profit expectations for the twelve months to 31 December 2014 remain unchanged, reflecting the Company’s ongoing focus on managing its costs." So overall there isn't really any negative news or am I missing something.
mkwarriors
Posts: 1,583
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:52.50
profit expected for Y/E
18 Jun '14
"While Power Brands sales for the second quarter are anticipated to be negative and below the company's expectations due to subdued grocery markets, profit expectations for the twelve months to 31 December 2014 remain unchanged," the company said in a statement.

Currently analysts expect Premier Foods to post pretax profit of 82 million pounds ($138 million) for 2014 according to Thomson Reuters
Magog
Posts: 56
Off Topic
Opinion:No Opinion
Price:52.75
Thoughts on the future
18 Jun '14
I can't help but think that despite PFD having some iconic brands in its portfolio, the company is facing a perfect storm. A number of the Brands are in declining markets (which had to be one of the reasons for selling off Robertson's). The weather is constantly blamed for poor sales performance (and the weather ain't renowned for its accommodating stance). The only retailers doing well right now are the discounters such as Lidl and Aldi who frown on selling renowned brands and love lesser-known brands or own-label stuff (that Premier don't want to make). PFD's portfolio is still too focussed on cold-weather products - curries, gravy, stuffing, cooking sauces etc. It needs more year-round products to balance trading performance - more NPD and, dare I say it when we're all still reeling from the acquisition spree that almost killed the company off, perhaps to buy in a complementary product range or two.
2reincarnated
Posts: 1,522
Off Topic
Opinion:No Opinion
Price:52.50
Fernie123
18 Jun '14
when you deal with aim shares or smaller companies on the main exchange, ''predicting'' and getting it right, doesen't make you a genius!!! Premeir Foods will not go to 30p!!!
Fernie123
Posts: 323
Observation
Opinion:Sell
Price:52.25
Amara + Mwana
18 Jun '14
I'm sure I tipped Amara and Mwana 2/3 months back on this blog. Laughed at by all. Both are now at least 30/40% up! I also predicted 30p for PFD i.e. the old 3p...I'm still waiting before I buy back in...
Fernie123
Posts: 323
Observation
Opinion:Sell
Price:52.00
Broker recommendations.
18 Jun '14
What is the point in reading about the 'so called experts' and their predictions. Some of the big boys are still stating 'BUY'. Also, ignore Dotnova. He is a carpet bagger.
2reincarnated
Posts: 1,522
Off Topic
Opinion:No Opinion
Price:52.75
confusion FT Article
18 Jun '14
http://www.ft.com/cms/s/0/da9229b2-f6b7-11e3-8ed6-00144feabdc0.html#axzz34ymYQnEO
This states anual sales down, but final year profits unchanged. We should also note factors such as a wet summer could further boost sales/profits. This is not a profit warning.



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.