Member Info for 2reincarnated

£1.20 before ex div date? What planet are you living on? Why would this go to that level when the dividend will be cut?

is we will not be in a position to sell up and invest in the likes of Centrica below £1. A couple of years ago, Tesco fell to £1.48 and we were still holding these at sub 50p.

Will do to Centrica, exactly what it did to Saga. We cannot rule out 80p!!!

bounce ''designed'' to ''draw in the mugs?''

then recover and stay around 60p

The current ''bosses'' Paulson and Oasis !!!

This company is ''light years'' from paying even 1p as a dividend, even if annual profits doubled, we still wouldn't see one. In any case, the refinancing arrangements prohibit any dividend.

behind this initiative, but not surprised, were they not the ones who criticised the board the most for rejecting the Mc Cormick bid. Perhaps they want to see the SP hit the price Nissin paid for 20% and they can sell and run.

For someone buying the whole lot, they would have to consider the ''Enterprise Value'' this is the All Share deal, the debt and pension. When Mc Cormick went from 52p to 65p, the ''Enterprise Value'' was over £1.5 Billion, can now see why they thought 52p was the right price.

Not 89p

https://www.stockopedia.com/articles/is-the-premier-foods-share-price-in-bargain-territory-2101/

is happening today!!! Like I said it is designed to ''draw in the mugs''

may be what Oasis and Paulson think could get the SP moving. This is what has stopped the AA SP from dropping below 50p

yes PF had debt but whilst it cannot pay a dividend, it can continue paying interest on the debt it has and still has some money left over for ''mediocre investment''.

It has already been a takeover target in the mess it was, it has a better product range and of course is 20% owned by a company that can buy it outright.

I have noted PF are selling Mr Kipling Apple pies at 75p for 6 at Asda and Hovis Bread is now 99p at Tesco.

No chance. It may not even go sub 50p. It is not in the same league as Debenhams.

The SP can recover strongly because it has brand image and huge potential.

agree with you taking a dividend hit is the way forward. In the meantime the SP must ''insure itself'' that is why we may see 30/40p.

it could rise from 30p to 90p, 40p to 80p or 50p to £1.50. We are all investors and need to take the bad with the good!!!

question is where from there?

Honest, specific and down to the point. Saga is not a takeover target!!! Although it may become one in the future.

It must be appreciated if the SP falls further, one would think it may be worth an institution of some kind to offer say £1 a share right now. This is not going to happen, but if Saga improves it's business model and the SP recovers to £1 which I feel will happen, then it would be ripe for a takeover at £1.50 plus.
Anyone who asks the question, why not buy Saga at £1? instead of £1.50? does not understand shares.

watch out for it!! It will be to ''draw in the mugs'' only for it to drop back again. I woudn't touch these above 50p.