Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
If this goes back to about £1 I might have to top up again. and knowing pfd anything could happen.
We seem to be getting back to normal…..ie big swings every day. Presumably because results are just around the corner
Been meaning to reply to this for some time.
Basically, I also miss Kals comments and information. It was so interesting.Can't exactly see why he pulled out of PFD so quickly.
So now he takes a regular pasting on Boo and ABF.
He fights his corner of course, but would prefer he comes back here, to a friendly board,especially when momentum is just about to return!
Agreed……needs to start soon though.
Normally we see a steady rise towards results day and if Im not mistaken usually takes us to a high, then a slight drop after results... normally set my watch to it...
Looking forward to seeing steady Half Year results from PFD next month to pay down more debt and stabalise the share price.
I've seen lots of new Cadbury & Mr Kipling Halloween treats promoted in Tesco plus there is meant to be a new Bisto TV advert for Christmas. I hope the promotional spending works and that we get a small regular dividend to encourage institutional investors.
The Q1 update may well prove to be a hostage to fortune……but it will be 4 months since we have heard from management so let’s wait and see. How much of the current crisis talk is just media hype ? There seems to be a lot of hgv’s on the roads that I use.
I agree with you jed, pretty much every company that makes, transports or sells high volumes of products has reported they’ve been negatively impacted recently by supply bottlenecks, shortages of staff, rising wages, inflation of raw materials, huge commodity price rises etc.
I think it’s pretty naive for anyone to think pfd is the exception and it’s definitely going to have had an impact on them, the question is how much of an impact. And how forgiving the market would be if they try to walk back from the very positive q1 update.
Interested in what any of you think?
I think we all need to remember PFD are coming into their best business months. We excellent opportunity to pick up bargains at this price. Roll out the mince pies!
Seasonal temp staff in demand locally in Leicester ,
to thwart the drifting of staff to the likes of Amazon
who are offering £1000-2000 sign on bonus and free transport to their Lutterworth site .
A friend who works at the big Shoezone warehouse
has said they are introducing a retention bonus to hold on to workers etc and with the Xmas competition for workers heating up we will probably see more and more of this .
Anyway time for a cuppa and a mince pie
GLA
PFD won't be alone with those challenges, and I think the general sense that the government doesn't have a good answer to this and other issues the country is facing does mean we'll see inflation rise, which also means that PFD will likely charge their customers more for their products - as will their competitors.
So overall I don't anticipate a significant effect on profits for PFD: Inflation is expected, so PFD charging more for their products shouldn't be a surprise to their customers.
Meanwhile it's reassuring that PFD has been so active in reducing its' debt with the prospect of rising interest rates; that should mean it's well-placed to cope with any such rises.
I guess that at some point even though pfd have probably foward bought their gas at a lower price, they will in the coming weeks / months have to pay more for their gas.
PFD like many food factories use large amounts of gas to heat and cook many food products, so will have to pass or try and pass on much of the increased costs.
If they pass on some of the costs their margings will have to decline and if they pass on most of the increases then their sales will go down, it does look like the rest of this year 2021 and maybe 2022 will see a big drop in year end profit numbers.
We miss Kallumama with his updates! ; )
But local supermarkets in my area ( Midlands) seem well stocked
As said below it’s just PFD being PFD
I will check the share price later on with
a mince pie and a cuppa
GLA
General market drop.
Nothing obvious as far as I can see……but it is PFD !!
any particurlar reasons for the drop to 112 from 121 over a few day?
Morrisons auction is over and CD&R had the winning bid , I wonder if the second placed Fortress Investment Group will after drowning their sorrows and feeling hungry , take a large bite of little old PFD ? £2:00 a share might tempt me ….
Would be interesting to know what the average ‘ production to shelf ‘ time across their Product range is, as my suspicions are it’s not that long therefore any increased production costs can quickly be passed on. General supply chain issues however may be more of a challenge for the Industry. Let’s see how good management are !
I’d be shocked and disappointed if they are not going out the the market for prices increases to reflect increased costs, and improving cash margin improvement in the process.
PFD makes / cooks many of their products with heating gas or electric and as such I would have thought that PFD heating overheads would be going up for the next 6 months maybe by 20%-50%.
OK they must have hedged or been on some fixed costs but they will come to an end at some point just like us consumers.
Therefore I would have thought we could be looking at a big drop in profits at a later stage, which I guess will drop the sp .
Half year end this coming week, so I guess most of the problems will impact the second half. Maybe they will have a to be a bit less upbeat about beating full year profit expectations. Hopefully not a Gavin Derby profit warning though.
Any views how high energy prices, inflation and logistics issue will affect Premier foods in the near term?
Quiet isn't a bad thing if you ask me. Just a solid boring company at a cheap valuation.
It will not be quite for long
Mince pies have hit the stores !
Need to start a rumour of Xmas mince pie shortages
Comment might jinx it.