Totally agree long term they should be fine. Short term the sp will be pummelled too much negativity with those results and the external factors impacting on the business. The 4th quarter should be much better
There are no short term options to the reorganisation of PFD. We are in for a long slog to rebuild the company but the building blocks are in place. Shareholders that expect some instant solution are not on planet earth. The current management team are positive , launching new lines and reorganising the company. The prevailing winds , which I've pointed out before are against the supply chain improving short term, but , at least it's not sell, sell, sell assests as before. I can only reinterate I can not see any short reason for this share to rise. The current 'turf war' between supermarkets is fanned by press speculation causing the herd instinct in shoppers . PFD looking abroad is a good move but will need time to work. I was interested in SAP introduction having spent two years helping to implement this at Rolls-Royce and six months to roll it out. A good move , and good long term thinking.
NOT HAPPY with the results.. Saying that..m not sure current sp already represents the price in accordance to company position . interesting to see what happens today. Surely one hell of a bumpy ride ahead.. GLA
Not what was needed at all, sales way down net profit at lower end of expectations netbdebt unchanged which is not good news. This still represents good value but I stand by my low 20's prediction for a short while.
Shorters, tescos results and with the continuation of the fall in the markets.
On the positive side I don't think there was anything in there that the market wasn't expecting...... all the new products will only show on the sales figures in Q4 ....... Question is at the current SP are we undervalued given what we have read?
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