Member Info for 2reincarnated

''just bought £200k worth of shares''? People who ''play at that level'' don't post on BB's

on its way soon, may take SP up for a while, only for it to fall even harder. I agree a Rights Issue is on its way.

has almost caught up with Saga. If they are at parity next week which one would you put your money at doubling?
If this question was asked 6 months ago, most would have said ''what are you on?''

You could sell up next week and ''jump ship''

https://www.just-food.com/news/new-products-premier-takes-loyd-grossman-into-food-to-go-with-pasta-italia-pots

It may simply be because of how ''pushy'' Oasis and Paulson are, they are about selling brands to pay down debt which would lead to refinancing.

Because they are ''chalk and cheese'' one is highly profitable and responds to the smallest of investments. The other would require huge investment and would deliver little.

How would you apportion the debt?

The SP is what it is because of the quantity of debt and the complexity of it.

this could go down to 4p and then rise to 20p or from 10p to 50p. Money to be made here.

thought people would be queuing up to buy the brand, it may cover for some slack in sales of other brands.

https://www.kamcity.com/namnews/products-promotions/premier-foods-brings-back-roald-dahl-theme-for-mr-kipling-brand/

https://www.eveningexpress.co.uk/news/business/ex-premier-foods-boss-gavin-darby-handed-863000-payout/

It will drop to 70p and recover to where Serco is today.

if Goldman Sacs can't get it right, what hope do we have?

I suppose the safest maybe 10p or 20p or 30p@

If it hits 10p, it may become a ''6 bagger''. 20p a ''three bagger'' and 30p would see you double your money.

they want you to buy in and ''pull the rug from beneath your feet.'' Are Goldman Sacs buying in with an ''ulterior motive? ''

I agree!!! Paulson and Oasis are in it for the same reason, they know this is a share that can rise by selling of brands to pay down debt, which would then make PF eligible for a better refinancing agreement. However, they need to boost sales to cover the drop in revenue. That is where being an "active investor" comes into it, Oasis are currently "inactive active investors."

https://www.thesun.co.uk/money/9248527/save-fortune-weekly-shop-own-brand/

To be honest, PF may as well call it a day with Lloyd Grossman and use this capacity to make for the supermarkets,
because this brand has had its day. We have heard of Batchelors and Ambrosia being sold off, nobody is interested.

We may need to get rid of both Mr Kipling and Sharwoods and concentrate more on working for supermarkets.

and then dumped with the ''calamity'' Saga is. To be honest, the more I see of Saga, the more I am beginning to think Saga is destined to become one of those shares people will be talking about for the next decade.

They may say ''just imagine you had bought £10,000 worth of Saga shares at 10p each, today they are now worth £50,000. in other words £40,000 profit in a year!!!
The problem I am having and what is ''tearing me up inside'' is they may go as low as 4p and then rise to 20p!!!
How do you work out the floor? Mike Ashley bought Debenhams at as much as 50p, they fell to nothing!!!
If he can't get it right, how can we?

not sure if that would be a safe entry point. Think these could even hit 10p and then rise to 50p.

Remember higher interest rates will help the pension deficit in the future and these are on a ''timetable'' to increase to 3%. If the debt is cut by selling off Mr Kipling, it may become a more attractive takeover target, as whoever buys the company will refinance the debt anyway.

What we cannot rule out is Oasis know what Mc Cormick were going to do with PF if they had got it and they are merely now doing it for them. Looking at their brands I cannot see them interested in Mr Kipling so they may have sold it off themselves.

bordering on the impossible because of complexities relating to ''loading debt and pension liabilities'' onto which remaining brands?

To get the SP to 60p we need Mr Kipling to be sold off as it stands with no ''baggage'' in the way of debt and pension liabilities, it is the only brand that can spark a bidding war.

It must be appreciated that this ''lump sum'' would reduce the net debt and hence PF would immediately qualify for refinancing at favourable terms. This would then be a driver for further SP rises.

30p job

It hit 46p on the distinct possibility Gavin Darby would soon be gone. The rest is history, quite simply, change for the sake of change is enough to take the SP to 50p.

If Mr Kipling received an offer, it is very likely there would be a counter offer, because there are so many ''big boys'' who would come in for it. Potential suitors include AB foods and Kerry Foods, but even the likes of Mondalez and a range of private equity outfits.

the biggest reason would be the ''lump sum'' received to pay down debt would also mean a new refinancing deal would be available. In 2012 the catalyst for the SP rise from 10p to 18p was refinancing, of course disposals took it from 3p to 10p earlier.