Stronger balance sheet, business restructured, clear defined strategy....this is looking like a good risk to reward ratio. If the business does manage to grow sales by 2% this year in a tough market,then a share price 50% higher than we are now is very realistic.
Well we are seeing all the doomsters and de-rampers coming on here with their views like GD has to turn the company around and make profits etc etc, all to drive the sp down. But what GD does is turn round companies with financial problems which he has just demonstrated with pfd, he also did it with Cable & Wireless and then sold it off. Now that pfd has been saved from going bust and is now set up financially for another 10 years I fully expect the next step to be announced within the next few months. I wouldn’t be totally surprised to here PFD being sold off as a going concern for £1.50 a share to some company within the next 6-9 months. Now that would make good reading.
Thank you for your post. With all due respect, although your brother may work for PF and may have a feel for the morale. I feel the production side of PF is not an issue and quite simply nobody ''small'' has any impact on the SP. The SP is currently where it is because of the expected ''turbulence'' post right issue. The institution/large holders are running through the motions, when the ''dust settles'' the SP will either rise or stagnate. Do not think it will go near 50p.
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