Member Info for 2reincarnated

good post. agree 100%. I think the floor is likely to be 50p and those who don't buy need not be concerned as there will probably be several chances to buy at 50p ish from now until Christmas.

80p in a week or so? What are you on?

https://uk.reuters.com/article/uk-premier-foods-ceo/ex-weetabix-chief-turrell-approached-about-top-job-at-premier-foods-sky-news-idUKKCN1RI0EM

What Oasis need to do is come to an agreement with an established food manufacturer and do a Nissin style deal on more products. This is the only way to boost sales, they need to do a 'job' on Amrosia.

that is what we may see.

This is what will happen to Centrica when the Div is cut, it will fall from below £1.

will drop below £1.75 sooner or later

https://www.thisismoney.co.uk/money/markets/article-6835235/Are-activist-investors-profit-driven-wolves-shareholders-best-friend-firm-next.html

Restaurant Group is ''guilty until proven innocent'' with respect to ''overpaying'' for Wagamama. However, after a drop to below £1, we may see some improvement on the basis of things are bad, but not so bad!!

soon

almost certainly something going on. By now, hate to say, but someone would have taken the job on the terms and conditions of the board, knowing that they would not really be able to get the SP moving.
What would such an individual have to lose? at worst after 5 years they would go the same way as Darby, has he walked away from PF in a bad state?.

We cannot kid ourselves that PF are interviewing people, who are then rejecting the job because they cannot fulfill the expectations of the board.

Looks like Oasis and Paulson are ''engineering'' a sale to someone. With no CEO appointed since November what else could this mean?

that is where we are headed!!!

Hormel Foods USA. They put in a rival bid for Reckitt's Food arm but were beaten to it by Mc Cormick. Of course this was second choice for MC after Premier Foods.

The bottom line is, even if Mc Cormick did buy PF they would have had to spend time and money on it later to get it in the shape they wnated. Naturally, some parts would have to be sold off.

Perhaps, GD's approach with the Nissin tie up was to ''engineer a sale.'' Moreover, perhaps Oasis and Paulson being ''active investors'' now think they can do to PF today what a potential suitor would do tomorrow, only they can do it cheaper. I cannot see why these two would come on board, because we all know PF cannot trade it's way out of trouble.

https://www.just-food.com/analysis/what-change-could-be-on-the-way-at-premier-foods_id141060.aspx

Good Post!!! The bottom line is, ''the SP is guilty until proven innocent.'' They have to justify why setting up a joint venture with a company like Ocado, which not so long ago had a SP a fraction of what it is now, is a good idea.

so what if they have diversified!! That doesn't make a bid any more likely, if there is anyone out there why did they not pounce at sub £1? The bottom line is, where is growth going to come from?

There was no justification for this to recover and now it will soon be below £1 again.

This is not a bid target!!!

Marks and Spencer's SP will drop below it, that will be the time to buy!!!

no if's or but's about it!!

I am not grumpy and do not miss Darby!!! The bottom line is GD did his best to improve sales and cut debt, without selling of assets, cheaply.
At the same time, he tried to make the company a takeover target using his experience with Cable & Wireless, he failed. This comes as no surprise, as a year before his appointment, his task was described as "mission impossible" by a respected analyst.

The way forward for this company is to imagine what a Private Equity Outfit would do if it, if was mad enough to buy PF and follow this imaginary path. They would most likely, invite established food manufacturers to use the company for their own gains, this is what Nissin are doing. Only these food manufacturers could do this without buying a stake in this company.

Desperate people do desperate things and PF is exactly that, we have just seen February " do a May" we must appreciate, there are going to be consequences. Can we blame Darby for this? Why has nobody been appointed for his post since early November?