Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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My bet.....for what it’s worth is that we will see a big rise first off.... then it will end up where it started the day.
I agree ,
I remember this time last year , when following results it hit the heady heights of 44 pence
that was exciting ( I’m easily pleased )
Looking forward to where it will go before rolling back a tad
GLA !
All the supermarkets have reported excellent trade during the Christmas period, so Expecting a massive jump tomorrow.
GLA
Hitting a long time high of 1.14+ this morning, not surprised it suddenly had had its legs chopped by the chosen ones. I'm sure we'll have more of the same tommow regardless of how good the update is. I just can't find/ think of any better alternative to presently park cash.
You are not alone. I have often thought that it is the one area that PFD are weak on. There is definitely a growing trend for consuming more plant based foods. One can only hope that the management are aware of that and take action accordingly.
This is now I would expect the SP to behave on the eve of a great trading result , I think I have missed my chance 1st thing this morning. Mind you whole market very muted today !
Am I alone in thinking we are seeing exponential growth in the number of vegan and plant food adverts on telly of late.
It seems to me that rather than tap into a new market the food producers are actually creating the market.
Whilst being no lover of veganism, especially where younger children are concerned, i wonder if maybe PFD are missing a trick.
Kallumama: You’re right on news flow. I reckon some indication of company way forward with Tuesday’s news. That would set the stage for 2021 transition. This may edge up share price & hoping as got loads of these. We all know these are undervalued shares but some spark needs to happen for a share surge. Nobody really knows timing though as surprises can happen. So trading the shares is high risk & get caught short too, having to buy them back at even higher levels. So either wait for shares re-rating & sit tight or take high risk with potentially higher rewards. Each to their own views. Just to say I noticed shares price reversal yesterday to get to near year highs. That maybe good news leak out before Tuesday’s trading statement. Well Namaste, Khem Choo, Bye Bye until Tuesday, GLA
Maybe you don't use/know about technical analysis and that's fine, but it doesn't mean there's no such thing as an upper and lower trend line. A share can consistently hit new highs but that doesn't mean there aren't peaks and troughs in between. Remind me again what happened on the release date of the interim report... from high to low was a 19.1% fall. Now I don't know about you, but I would be happy to sell out and buy back in and gain 19% for doing basically nothing. While still believing in the long term prospects of a company.
Don't get me wrong it might not happen again, but you never know. Which is why I'm backing both horses so to speak.
I have to agree with lucky, way too many companies have released cracking results recently and the SP has cratered. Unfortunately I can see the same happening here. I took half my holding off the table on Friday just in case, either way I can sort of win that way.
With a rise from low 80's to 110 in 8 weeks you've got to ask yourself whether the results are already factored in. Of course they could say something about future dividends and becoming debt free and it'll take off like a rocket, but I don't see it.
The SP keeps bouncing around near the top of the trend line and it'll take something special to smash through it.
If we're all sat here sure as sugar the results will be great, don't you think the ii's do too. Then when they release what people expect them to say it doesn't have the same impact.
Indication of a dividend or even news on a take over would be good. GLA
expecting an exceptional report from PFD on all fronts on the 19th but not an exceptional move on sp . Unfortunately nowadays you also have to factor in covid , lockdown , deaths etc crazy times . I bet once we hit 15 Million vaccinations in the UK the market will go crazy well thats my theory ! still looking for an opportunity of PFD to sell prior to 19th or shortly after release on the 19th. I bet their will be an opportunity to buy back in . Not my normal trading style but you have to adapt in these times.
That’s what I meant by a straightforward trading update. Profit and debt don’t usually get a mention, it’s just sales......but you never know !
I'm hoping for
- Excellent Q3 sales and good margins
- Further reduction in debt pile
- News on new product launches and marketing campaigns - perhaps more plantastic / vegan products
- Possible Nissin Soba partnership developments??
Followed by some decent broker upgrades, when they see the profit figures and debt numbers
Just a straightforward trading update on Tuesday......or something a bit extra ?
Any bets ?
PFD bouncing off year high share price of 110p - a good sign.
I've added more at 107.6p expecting share price to break 110p before Tuesday...
Just as a reminder folks, Q3 (Oct-Dec) results are out on Tuesday 19th Jan
I can't believe they will be anything other than excellent!
- We know that all the major supermarkets have delivered around 7-8% revenue growth in the last quarter including all important Xmas period
In my view PFD should be better as focused on Winter products (sauces, cakes etc)
Good luck for Tuesday all holders
Rich
What I read today. Asia drag share markets down even though Bidens big stimulus package announced. Concerns about that also surface:
Chinese blue-chips shed 0.97% amid worries over rising COVID-19 cases in China, and after the Chinese central bank drained liquidity from the country's banking system, suggesting a tightening bias in monetary policy.
More than 28 million people are under lockdown in China. On Friday it reported the highest number of new COVID-19 cases in more than 10 months.
Not budging until finals in April. A long way to go , and no where better for my money. Too much hidden value. Expect the quick profit peeps to sell today and monday, but not sure that there will be a better buy in oppurtunity.Stayling in. Exciting times.
Lucky.yeah, funny though how they only pre-factor the good news into the sp and not the bad eh?
with you on Boo dan I am very confident this will recover very very quickly !
must admit that is a sound thought process it just appears these day the market has already factored the contents of reports before its issued . watching PFD very closely until trading report on the 19th . If it gets up to 114 i may take take some profit prior to report as well.
Luckylurker, dan23: Lucky you & great timing/skill for Boo pick up @ 200p. I missed it & I didn’t take the risk as not familiar with rag trade going ons in the UK. I got put off by slavery aspects mostly. PFD might fall on results as share rise could be factored into even though it may have good results. PFD house brokers only inch up SP target in the past & may not do this on results day but in future weeks. That’s a real worry & rather like Boo shares down 5% today on results that were really good. I personally may sell PFD shares now, lock into profits & also keep some back as a hedge. Nothing is straight forward with PFD as we know it is a most unpredictable share to own !
Same here luckylurker, I’m also in here and Boo. The drop today was a bit disappointing but with a recent run from 290 to 375 it was half to be expected.
Currently wondering what might happen with pfd next week. There doesn’t seem to be any rhyme or reason for rises or drops on results at the minute. I think we all know it’s going to be good, but is it all already factored in. Only difference is this is still on very low forward valuations like p/e whereas the likes of Boo, ASOS and games workshop are expensive.
I used to work for unilever back in the day & was the production planner for the bachelors line in Ashford Kent before it being sold to premier foods god that was 20 years ago ! Have taken plenty of profit out of PFD now but this was my oldest holding ever. Ploughed some of my profits into boo in the low 200's so have plenty of profit tied into Boo currently & will take some more when it hits 400+. I do not think Boo will suffer many more drastic drop like today & BOO with improved supply chain & auditor this is being touted as one of the shares to look out for 2021 . Doc Martin s maybe another one of my nostalgia buys !
Luckylurker: Yes, what a great turnaround for PFD and a rising share price ! However dangers of share price rises getting ahead too much may plaque both PFD, Boo. Then it turns back down & sometimes with aggressive selling. Do you take any trading profits now or wait for more future profits ? Boo shares down 5% on results, retailer down too. I will wait to buy Boo with more share falls especially as it exceeds 50 Day Mov Avg SP. As Kallumama says PFD fundamentals look good couple of years away especially. That said, you are more likely to maximise profits by day trading but got to be lucky as well. I still think there maybe a Takeover Bid for PFD at some point. I have worked for huge foods/drinks company Diageo, General Mills & Procter & Gamble in Marketing & Sales roles. Companies were being taken over all the time and big scale economies, global footprint and top brands equity are the extremely relevant for these players. Nothing is certain with shares and companies nowadays as before ! Re: Doc Martin not for me. Can find better footwear elsewhere.