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strange it has risen on uncertainty or does someone know something we don't ?

Action speak louder than words!!! Perhaps they may build up their stake to 29.9%?

Who cares about the adverse reaction? The bottom line is PF sold Quorn for £205 million, 4 years later it fetched £550. Is it not just ironic that if Batchelors was sold tomorrow it would go for £205 million (according to Oasis).
Thankfully, we don't have to wait 4 years for the SP to reflect the fact it has high value assets, perhaps just another quarter of Batchelors growth would make a difference.

Furthermore, only last year Batchelors was looked upon in the same light as Ambrosia and Sharwoods, just imagine what the SP would be if these 2 brands also became "active"?

Oldtimer if the SP can get to 55-60p without the sale of Batchelors, you will find it going a lot higher if PF can continue to keep hold of it and see it increase sales even further. Just imagine what the SP would be if PF still owned Quorn?

will we reach the year high? can we reach it, bearing in mind we may soon hear headlines like like ''heatwave dents PF sales'' or ''heatwave continues into September''

some articles say selling Batchelors could increase SP by 50% some say 125% huge difference of opinion.

http://www.thisismoney.co.uk/money/markets/article-5922425/Dessert-Storm-II-Fresh-bust-Mr-Kipling-owner-told-rid-Batchelors-soup.html

or

http://www.proactiveinvestors.co.uk/companies/news/200199/premier-foods-and-oasis-management-s-war-of-words-continues-ahead-of-ceo-vote-200199.html

This stock is now active.

Well Well Well!!! I was wandering when Oasis were going to ''spit it out''. They have exposed themselves, they are after a quick buck. If Batchelors grows with thye Nissin agreement, it will be worth nearer £300 million at some point in the future and the SP will rewarded by it being kept.

Agree with your post 100%. Oasis should build there stake to 20% and Nissin would be left with no alternative, but to top upto 29.9%. I'm 100% certain, if Oasis did this and Nissin followed suit, the SP would be at least 65p!!!

Alternatively, why don't Oasis top and team up with the likes of Apollo Management, whom in 2013 bought PF debt and forced through a rights issue. They could even get PSG in on the act!!!

I would be very supportive of the Oasis actions if it meant a sustained increase in the SP, but all they are after is a spike in the SP so they can sell and run. We have seen it all before with PF, 3p to 18p and down to 55p(5.5p).
55p to £1.85 and back down gain. In fact, Oasis only bought a stake to get on the board, work out what GD had in mind and come off the board.

If Oasis are so serious why don't they build up their stake and team up with a Private Equity Outfit and get them to bid? If Oasis hold more than Nissin and the bid is more than 65p, it will be accepted. It is a ''win win'' for them!!!

suggests he has a plan which Nissin and others support. I have always said we cannot rule out further refinancing. I can also see other deals like the Mondalez and Nissin deals. All we need is the same for Ambrosia and Sharwoods.

yes they are the largest independent shareholder, but this does not give them the right to decide the CEO. However, who knows? they maybe trying to build up their stake as we speak!!!

If you want to choose the CEO become the biggest shareholder!!!

is that an offer from an established food manufacturer is highly unlikely given Nissin hold a ''blocking stake'' and a food manufacturer would not have common ground with them. However, with the debt reduction ahead of schedule, it is looking more likely a Private Equity outfit may make a bid and get it through as they would keep the Nissin agreement. Naturally, the Nissin deal was subject to PF remaining independent and Nissin would not work with Mc Cormick.
I can therefore see GD being kept on, as he is essentially doing exactly what the new Private Equity owners would have done. The PF SP will soon recover to above 60p and from there the ''locked value'' will begin to be released, as the Private Equity owners would probably float Sweet Treats as a separate entity within a few years of taking over.

However, if they can do better, they should buy more shares. It appears to me they are only after a spike in the SP and are after a ''quick buck''

We are disappointed to see that the board refuses to acknowledge the shareholder value destruction, poor financial performance and lack of strategy at the now zombie-like Premier Foods under the shocking reign of Gavin Darby.

Furthermore Oasis have CEO candidates who have approached us, have excellent skills and are available immediately.

After five years of failure and two years after a 65p takeover approach, we still do not see any share price or operational improvement. The time has come for Gavin Darby to go.

Not worthy of a thought until they match Nissin in their holding. The agreement for them to take a seat on the board was that they held at least 10% and no more than 15% of shares. Be weary of these ''vulture funds'' They bought 10% of the company for about 40p and Nissin bought 20% for over 60p. Perhaps they are after a ''spike in SP'' and will sell?

Whereas, Nissin and GD are about sustainability.

Put simply, if Oasis want GD out, they should up there stake to match Nissin

considering the negativity Oasis have brought. P

This is worth much more than 50p, it got to 57p last year on hopes of a sustained improvement which didn't happen.
Remember Oasis bought 10% for 40p ish and Nissin paid 60p ish for 20%. If Oasis want to have a say on the CEO why don't they buy the Paulson stake and the Standard Life stake?