Member Info for 2reincarnated

Because Mr Kipling is a major force in the cake industry and Ambrosia has ''brand image'' but needs investment from a company the size of Mondalez. Nissin bought 20% of PF to ''use it as a vehicle''. With Ambrosia you can venture out into things like Ice Cream and Yogurt. I did say on this BB when the company was split into two that it would make it easier to sell that way.

Mondelez, the snack maker behind Oreo and Cadbury, has laid down new financial targets as it tries to boost flagging sales.

Since its separation from Kraft in 2012, Mondelez has been grappling with big shifts in consumer tastes. Shares have underperformed the S&P 500 by a quarter in the past two years.

Dirk Van de Put, who was appointed chief executive last year, issued new “long term” targets at an investor day in Boston on Friday, including organic net revenue growth of at least 3 per cent and “high-single digit” expansion in “adjusted” earnings.

Initiatives include increased investment in ecommerce and greater exposure to higher-growth geographies, potentially through M&A.

Shares were little changed in pre-market trading.

The company left its sales outlook for this year unchanged, predicting organic net revenue expansion at the high end of a 1-2 per cent range. It expected this to increase to 2-3 per cent next year.

https://www.ft.com/content/683ad25a-b29d-11e8-99ca-68cf89602132

Thanks for your post. The problem is if he launched a takeover of Debenhams, it would be at least 30-40% more than the current SP. Would it not be in his interests to let Debenhams slowly go the way HOF did and then pounce. Yes he looses the entire value of the 30% stake he bought, but that is still less than he would have to pay for a takeover.

could this really drop to £1?

it cannot surely be the case Mike Ashley is waiting for Debenhams to go bust before he can pick it up on the cheap, like he did with House of Fraser? in any case, he owns nearly 30% so this would also evaporate.

The only thing I can see making the SP move would be further refinancing or an additional credit facility. Other than that the SP may not go above 50p for a while.

but on low volume which is a concern. Anyway H-hi why would the majority accept 55p when the SP was 57p in 2016?

driven lower but not to fill buy orders

With respect to these sales, in the short to medium term we would do well to just get these sales adding enough to offset declines elsewhere caused by factors such as the weather. They may be growing strongly, but from a very low base in the first place.

we would do well to just be where we were last year, as in 2016 we had a profit warning and the cause was the ''unusually hot September''. Our products are not really associated with the World Cup, as we don't produce Crisps or Nuts etc. However, if people are forced to stay at home because of bad weather, like the very wet August of 2012 where we saw our sales boosted, we could get some sort of benefit. To be honest, I feel as if I'm making this all up, because the hot weather keeps people in the UK where they consume at home, Thomas Cook issued a profit warning saying people are staying in the UK. If there is any substance to this why is the PF SP stuck in the doldrums?

How often on this BB do we see a post and the next post says ''good post''?
Well, I will say the posts by buzzfromiii and Alans need to receive that!!! They are great posts!!!

https://www.msn.com/en-gb/money/news/get-ready-interest-rates-set-to-rise-to-highest-level-for-a-decade-next-week-and-it-could-see-thousands-pushed-over-the-edge/ar-BBL8dp9?ocid=spartandhp

until Nissin top up.

should be to stakebuild genuinely to above the Nissin stake and then ring Mc Cormick!!!

I now have tons of it for them, because they have topped up their stake which gives them the legitimacy to call for GD to go. However, them and Paulson will struggle, unless they can get the rest on board.
The ''hate Darby brigade'' will soon be able to sell at over 60p, as Nissin will need to up their stake soon to 29.9% and them buying will push the SP above 60p.

Agree with analyst comments. However, if they continue to top up they will push the SP to over 60p and at the same time will all but end Nissin's "blocking stakeeaning if Oasis become the biggest investor, a third party bid for the whole lot may go through.

https://uk.reuters.com/article/premier-foods-oasis-stake/update-1-activist-investor-oasis-doubles-stake-before-premier-foods-showdown-idUKL4N1U62J1?feedType=RSS&feedName=consumerproducts-SP

have a buyer for Batchelors?

Have aspirations of becoming a ''global food superpower'' they were prevented from bidding for the whole lot for at least 6 months when they bought the stake. They have been cheeky, getting GD to do their ''dirty work'' for them, so if they bought the whole lot, GD is only doing for them what they would have done themselves. In fact, if a Private Equity outfit bought PF in 2016, they would have probably run it just like GD has done since then.

considering their size and the amount of cheap finance available in Japan. if they don't bid for the lot outright, they can at least top upto 29.9%. Within 5 years the debt and pension deficit will be cut considerably, leaving them to float ''sweet treats''