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Started: Momsicles, 8 Sep 2016 09:30
Last post: Momsicles, 8 Sep 2016 09:30
Can anyone explain to me a pure novice ...my average is 185...what will happen after the boards probable approval of Avnet deal...and it's right I won't be able to sell as normal as shares will have moved on...yes? Tx
Started: CompellingSell, 16 Jun 2016 16:23
Last post: AlfaTon, 16 Jun 2016 18:53
That's what I was thinking about also! I was pleased with the takeover offer until I realised my average was 187...
You're right. I could be going mad. A higher offer in the offing…hopefully?
Started: CompellingSell, 16 Jun 2016 16:18
Last post: CompellingSell, 16 Jun 2016 16:18
Look in PFL Financial Diary. Could be a misprint but could explain the higher price
Started: CompellingSell, 16 Jun 2016 10:36
Last post: AlfaTon, 16 Jun 2016 11:10
Not sure what you mean by that. It is already ex-Div. But does anyone understand why there were buys above 165p yesterday? Why pay more than the takeover price?. And sells over 165?
Final dividend shown as June 23. Maybe the reason for the current price
Started: as1983, 14 Jun 2016 11:06
Last post: as1983, 14 Jun 2016 16:07
glad to see small consensus in what I saw as most sensible option! Also sold small holding today. a top up on JLP - interesting - hold a few there myself and topped up many times but don't think I have the patience or confidence for more there. Considering WMH on back of steepish decline, expected upturn after Euros and decent yield. Any other suggestions?
better sold now. (i sold mine - only small holding) and invest in the next company. i used the proceeds and top up in JLP and WRES.
anybody have thoughts on whether worth selling now or holding off for the bid to be approved and completed? In my head if you sell now you still get dividend, and get price today which is c£1.64. Alternative is wait for it all to be approved and receive £1.65?? With the potential opportunity for a rival bidder?? I can't see rival bidder as looks like it is nicely tied up so thinking of selling now rather than holding off - am i missing anything?
Last post: Alfacomp, 14 Jun 2016 11:08
ditto, I'm out
Totally agree.
Thank you Daetwyler for giving me the perfect opportunity to get out of this lagging share.
Today's rise due to this: Swiss-based Daetwyler Holding AG has agreed to buy London-listed electronic component distributor Premier Farnell for 165p per share in cash.
Last post: catsize, 14 Jun 2016 11:01
out of interest the company is based in william tell country so you will hear the WT overture soon https://en.wikipedia.org/wiki/Tell_Monument cat
Started: hocks, 17 Mar 2016 11:21
Last post: Herbieridesaga, 14 Jun 2016 10:26
Surely this means love is in the air ?
What about today's rise?
What about today's drop? Any news?
The drop is a little overdone, they are still paying really good dividends, still profitable and should have little debt. Just need the forward strategy for growth to talk up and act on with the new chief exec.
Started: pantman42, 16 Mar 2016 15:19
Last post: pantman42, 16 Mar 2016 15:19
According to Sunday Times, from April, Chief Executive will be Jos Opdeweegh formerly of Neovia Logistics.
Started: mjinvest, 23 Feb 2016 09:38
Last post: mjinvest, 23 Feb 2016 09:38
Various things spring to mind; - Sale of Akron Brass & Cash Injection - Hsbc re - rating- upwards , and in comparison to rival ECM - Still lacking a permanent CEO - therefore perceived as a continual takeover prospect.. -- positive £ / $ exchange rate conversion for their US operational profit
Started: qweqweqwe, 22 Feb 2016 12:12
Last post: qweqweqwe, 22 Feb 2016 12:12
Does anyone know the reason behind the rally today apart from the closure of all shorts? It's unusual for this to rise by a high percentage, which makes me think that someone knows something is coming up very soon?
Started: Yanar, 15 Feb 2016 18:33
Last post: Yanar, 15 Feb 2016 18:33
According to Short Tracker, there are now NO short positions on PFL - they have all been closed. I wonder if the shorters know the price is about to go up. Could this be a prelude to a merger/takeover?
Started: Yanar, 14 Feb 2016 08:55
Last post: Yanar, 14 Feb 2016 08:55
Started: qweqweqwe, 7 Jan 2016 17:56
Last post: qweqweqwe, 7 Jan 2016 17:56
The upside of today's SP is resulting from a rumour by a Chinese bidder reports by the Independant:- http://www.independent.co.uk/news/business/sharewatch/market-report-premier-farnell-boosted-by-rumours-of-chinese-bid-a6800051.html
Started: 2reincarnated, 16 Dec 2015 14:26
Last post: 4kandles, 7 Jan 2016 11:52
mid-Dec now looking like something of a capitulation. Price action and strongly-positive MFI since then indicate a buy. Other tech indicators also point to a buy looking at daily time frames. I am in. PFL needs to get a grip on its debt pile. If there was a credible plan to deal with this, IMO the price would soar. I think a PFL/ECM merger would make a lot of sense but would lose a lot of jobs.
Initial market reaction sees £1 rather than 50p. Let's hope we leave the pennies for good now. Lennie
Let's see what this week brings as we are due a trading update tomorrow. Hopefully a pleasant surprise after the last two. Lennie
I don't think it'll go to 50p but I'll wait for this to drop further to top up. There's no rush as this company is still paying dividend for the time being.
No chance of this happening. This will soon be 50p!!!
Started: qweqweqwe, 16 Dec 2015 14:03
Last post: qweqweqwe, 16 Dec 2015 14:03
4% down currently. Surely A take over target as these low prices!
Started: MickTKipper, 11 Oct 2015 22:26
Last post: 4kandles, 21 Oct 2015 11:15
Yes, there was a decline but bounced nicely off 105. The uptrend which started from the late Sept lows is still intact. MFI has gone strongly +ve this week and most other short term technicals are looking good. I wouldn't say this is a screaming buy (yet) but I'm happy to hold. Resistance at 115 will be the next test.
now it's looking like a steady decline again - who knows?
The SP is moving up nicely, technical indicators starting to turn very green. Regardless of any ECM deal, this is looking like a steady recovery
Surely the PFL should play catch up with ECM on monday..... Bid rumours... http://www.telegraph.co.uk/finance/markets/marketreport/11923399/Shares-in-Electrocomponents-soar-on-merger-rumours.html
Started: Masil2, 16 Oct 2015 09:16
Last post: Masil2, 16 Oct 2015 09:16
IBM MobileFirst to serve Premier Farnell’s needs http://www.infotechlead.com/networking/ibm-mobilefirst-to-serve-premier-farnells-needs-35437
Started: Masil2, 5 Oct 2015 08:02
Last post: 4kandles, 7 Oct 2015 15:24
I'd like to see that happen. As a customer of both, I regard Farnell as being superior to RS in the UK. More user friendly website as much as anything else. Farnell's CPC is also excellent. I imagine the economies of scale of a merger of some sort would be significant. Both are being squeezed by the likes of US entrants Mouser, Digikey, Avnet Express, etc. Bring it on, I'm going long on both
Market Report: Rumours of a tie-up between Electrocomponents and Premier Farnell http://www.independent.co.uk/news/business/sharewatch/market-report-rumours-of-a-tie-up-between-electrocomponents-and-premier-farnell-a6677861.html
Started: oldtimer, 24 Sep 2015 11:28
Last post: Masil2, 25 Sep 2015 01:26
I believe shorters are playing their dirty game here
Hi there I also follow this one, I know that they have cut their last divi but I thought the results were not that bad , god knows why this is falling now, any ideas?.
Started: 2reincarnated, 24 Sep 2015 12:21
Last post: Boffster, 24 Sep 2015 15:14
Part of the fall today is due to the stock going ex.divi (2.6p)
I think that this company is at the mercy of global markets. There is no strong evidence to suggest things are getting better, if anything the reasons why we have seen profit warnings continue to weigh.
Started: 2reincarnated, 24 Sep 2015 10:44
Last post: 2reincarnated, 24 Sep 2015 10:44
when tghis could fall below £1. From there where will it go? I think a lot lowere than £1!!!
Started: 2reincarnated, 18 Sep 2015 15:47
Last post: LordAdam, 18 Sep 2015 16:32
I agree ... It's interesting that the actual interim results are not really that bad ... the numbers are fairly reasonable ... and there would have been sufficient cash flow to cover the small interim dividend that is due shortly. Without the profit warning in July and with the dividend held all this unpleasantness could have been avoided or at least postponed until the final results were in. But now the sentiment in the share has been seriously damaged, mostly by what the directors have said themselves, and it's going to take a long time for the share price to recover even when the numbers start to add up in the business itself. It's not been helped by the board going into gory detail about how it's playing musical chairs to cover for the CEO ... Yes its a £400 million pound company ... but a few weeks ago it was a £800 million pound company ... and it does generate enough cash to pay its bills ... but its rate of return to investors has just been halved and it's hard to see this board making a super-hero type recovery anytime soon. Like you I think this is going to either languish until late next year at the best ... or maybe it will be the subject of a takeover bid. Goodness knows the board have halved the capital cost to a potential bidder and devalued the future value of its shares ... It might be worth a small holding in a few weeks for the possibility of a takeover, but I wouldn't buy this for its recovery potential and not for the yield at this stage. Mike
when you say ''a recovery this year'' do you mean a recovery in the SP or an end to profit warnings, because I feel thye latter is the case. But this will not help the SP. Only a ''strong recovery'' will help the SP, that is not going to happen this year. At the earliest late next year. In the meantime this will drift lower.
Started: 2reincarnated, 18 Sep 2015 12:55
Last post: Masil2, 18 Sep 2015 13:27
LOL. PFL has market cap 400 million and makes decent profit. Current dividends may disappoint people but I am sure we will see recovery this year.
shares in Premier Farnell ''please turn off the lights''
Started: LordAdam, 18 Sep 2015 00:11
Last post: LordAdam, 18 Sep 2015 00:11
So, over 10,000,000 shares traded on the day of the results ... and there's no clear winner, the buyers and the sellers are fairly evenly matched. That's way more than on the day of the profit warning at the back end of July. Clearly there's just as many folk (and big players/institutions) see this as an opportunity as a warning call. To be honest only the next few days/weeks will show what the the reality is. On a personal level I'm waiting to see what happens ... the road to financial recovery could be slow and long ... but the road to a potential take over could be relatively short now. The board have cut the dividend more or less in half and their actions preceded a massive reduction in the share price in July and the results led onto today’s further drop (the two could have been combined for a single drop) ... and they've declared their internal manoeuvres as regards the CEO/CFO positions. We shall see what the market makes of the next few days ... Mike