Member Info for 2reincarnated

Don't think anyone could give a toss about them!!! The bottom line now is, actions speak louder than words!!!

We'll know there position once they do something to warrant a RNS.

if the ''business environment'' was bad for Ambrosia, will it not be the same for the other brands?

The Pension Deficit is dependent on factors like the Interest Rate, the higher the better. But high Interest Rates, would dent sales of products. So it just shows the situation the company is in.

The real development is Batchelors is now worth £200 million, but at the time of the 2011 profit warning, it may have only been worth £100 million. Credit to Darby, the Nissin deal is working.
The same needs to happen with Sharwoods and Ambrosia, if Oasis are ''active investors'' why can they not work with a third party and do a job on these two brands?

What about the Pension Deficit? This is a figure that can never be quantified. Any suitor would not like to take a journey into the unknown. More than likely the reason why Mc Cormick abandoned interest.

Mr Kipling maybe worth £300 million, Ambrosia £100 million, Sharwoods £150 million, Batchelors £200 million, Bisto £250 million. The rest of the company is worth next to nothing. Take into account the debt over £500 million and the Pension, what does that leave? some of my valuation ''plucked out of the air'' are generous.

That is the only way the SP is going to move. They don't want to buy Batchelors themselves, but are not suggesting it be sold like Oasis say. They are just using the brand in the cheapest way possible.

They will hang on, they have essentially paid for the ''name Hovis''

Because last one has brought zero benefits. Although we are coming upto the 5 year mark since the last one, the SP is below 50p.

I'm no ''Darby Lover'' and most people on this BB would agree that he did his best, but like I mentioned in my earlier post, it is ''mission impossible''.

It is looking very much like the Mc Cormick bid was not genuine and even Mc Cormick made it clear the bid was ''conditional'' nobody has come in since the bid.
Today, a Canadian company has bought Dairy Crest who were touted as a buyer for Ambrosia as early as 2012. Yet no offer for PF.

Can you please ''elaborate'' on how better the new CEO can manage the finances.

Good Post. What can any new CEO achieve in a short space of time? In 2011 after the profit warning with the SP at 3p, an analyst described it as ''mission impossible'' such was the ratio of debt to brand value.

We have to credit Darby with separating the company into Groceries and Sweet Treats and making it more of a takeover target. The problem is PF do not have the funds to invest in brands.

However, I would not be surprised if one of the parties that looked at Ambrosia, now come back and see how things go by getting PF to make a new product for them under the Ambrosia brand, like Nissin are doing with Sharwoods.

If things go well, they may take things further. You are definitely right about Ambrosia ''Frozen Custard'', but what about working with someone on developing ''Devon ice cream?''

god help us, we know what this normally leads to!!!

is now if Paulson keep on topping up and become the biggest shareholder. This will either cause Nissin to top up too or make them sell and leave. If they top up, they may need to top upto 29.9% this will cause SP to be over 65p if they sell the SP will probably drop a bit but later recover, in the knowledge Paulson the biggest shareholder is ''pro selling the company'' The ''spanner in the works Nissin'' is out of the way.

On the subject of Oasis they need to ''put up or shut up''. Being active investors, they nee to become active. Why not do ''a project'' with Ambrosia?

for the fact nobody wants to buy Ambrosia or if they do they want it for next to nothing. The significance of this news is that any potential suitor for the whole company will now know most PF brands are worth relatively little.

from 90p to £1.80. Because they ''overpaid'' for Wagamama, they are ''guilty until proven innocent''

acquisition must be shown to bring growth and profits quickly or the SP will sink under the burden of ''unnecessary debt''
Even ''mediocracy'' will cause the SP to plunge.

are we heading to sub £1?

The SP is rising because AA can now withstand the ''extreme forces'' of a Rights Issue. We cannot and will not see £1.50 until the huge debt is cleared.

What brands can he/she sell? The same ones which GD tried to sell but failed because he couldn't get the right price for them. Why would the same companies now price for a higher price for the same brands?

Does the new CEO become a better CEO because he/she ''sells for the sake of selling'' ?

The SP did in fact reach 57p a few months after the Nissin deal and the momentum looked at the time, like taking the SP to at least 65p. At this point, anyone who was so *issed * ff with the deal being rejected would have got there 65p 6 months after MC ''offered'' 65p.

Anyway, looks like Nissin ''did a dirty'' on GD.

I take it nobody is interested at a decent price? Moreover, In Jan 18 it was stated by PF that thyey were trying to sell Batchelors to Nissin, nothing happened. Our best bet is Paulson work with Oasis and try and flog off parts, Nissin go to hell!!

How much debt could be cut? it's growth and profits we need.

The Dividend is keeping the SP above £1. With a cut, how can that improve the SP?