Member Info for 2reincarnated

Agree with the points made. However, we don't need a full Nissin takeover to get the SP to 70p. If they top up to 29.9%, I feel the SP will be at lest 70p.

I'm no Darby fan, but agree something is brewing. I think Oasis bought the stake to get on the board and find out what Darby had in mind. Perhaps his strategy was long term? We must appreciate Oasis are also a hedge fund so may just want to make a buck and run. Indeed, they could force Nissin to top up and cause the SP to increase and then start selling. Whereas, Darby may have in mind sustainability.

At least Nissin hold 20% of the company, why don't Oasis top up further?

ie build up your stake and ''join forces'' with Paulson and PSG. If Nissin think GD is working for their interests, but feel he may be ousted and the new CEO may accept a bid like the one from Mc Cormick, they may then start topping upto 29.9%. We must appreciate the 20% stake is a ''blocking stake'' and if Oasis, PSG and Paulson work together holding 20% may not be enough. The SP would rise to at least 65p if Nissin build to 29.9%, so the ''hate Darby brigade can sell and run''

Put your money where your mouth is.

is there any going on? can you ''stakebuild'' with the volumes we are getting? if so it is at a ''snails pace'' Perhaps PSG may build to 10% like Oasis did below 40p.

Think if PSG build up a bigger stake and ''join forces with Oasis'' they could push Nissin into building up their stake. If Nissin have to go close to 29.9%, there is no reason why the SP will not be more than 65p.

Sustained growth needed at Premier Foods, says Shore Capital Premier Foods (PFD) may have reported stronger than expected full-year results but Shore Capital said the company is yet to deliver sustained growth. Analyst Darren Shirley retained his ‘hold’ recommendation on the stock, which traded up 0.6%, or 0.3p, at 39.9p. He increased his medium-term forecasts for the group, which has benefited from cold weather, Easter timing, and a good Australian pipeline, which is all supported by ‘strengthening delivery on its strategic growth priorities’. ‘While our confidence in growth has increased, Premier has yet to demonstrate the sustained growth on growth in sales which would be required for us to review our current neutral recommendation,’ said Shirley.

was it driven lower to fill the order for who?

https://www.theguardian.com/uk-news/2018/jun/10/after-hottest-may-on-record-fine-weather-will-last-until-autumn https://www.mirror.co.uk/news/uk-news/uk-weather-britain-set-hottest-12676729

Yes the SP has performed badly, but to suggest offers close to 49p is ridiculous. The fact Nissin hold 20% and Oasis and PSG hold 10% and 5% means we are "insured" against such silly offers. The only "driver" for the SP may now be PSG and Oasis building a combined stake more than what Nissin hold. The Nissin stake is a "blocking stake" but only holds true whilst they are the largest shareholder. Of course if Oasis sell their stake, things change.

Having responded to H-hi's post and read your response to what I think H-hi was implying. I think the answer and probably the truth, lies somewhere between the two. GD felt 4% sales growth was possible and the SP would rise to at least 65p as soon as the markets felt this was acheivable and as the SP hit 57p in Oct 2016. We must appreciate the seriousness of the SP being way below the offer for nearly 2 1/2 years.

I think he/she means GD rejected the offer because he never had enough of his shares at the time which he may have bought at a lot less than the bid price. By rejecting the bid, this would give him another chance to ''top up''. He thought another bidder would then come along and now holding all these shares he would accept it and make a killing. In all fairness to GD, he nearly got the SP to 65p in October 2016 so those who thought he should have accepted in March would not have much to moan about. There is so much to this share we don't know about, we are not experts. From January 2012 to April 2012 the SP went from 10p to 18p (3p in Nov 2011) some of this was takeover rumours (not MC) From June 2013 to Oct 2013 the SP went from 60p to �1.85, some of this was takeover speculation not Mc Cormick, who was this? Does GD know and are they waiting?

Thanks for reading the articles!!! I cannot question what you say as I'm so P***** O** with this share, I don't have the enthusiasm to even read the ''garbage''

https://parkcitycaller.com/interest-ratcheting-up-in-premier-foods-plc-lsepfd-shares-as-ev-reaches-857057/169712/ https://exclusivereportage.com/497882/europe-pasta-sauce-market-2018-key-players-mizkan-heinz-dolmio-barilla-premier-foods-and-hunts/

You've done it before, please do it again. https://www.iol.co.za/business-report/economy/psg-chief-asks-pioneer-foods-board-to-resign-696759

will it break it today? Why the hell are we even talking about 40p being a barrier? This should really be way beyond 60p.

I've been holding PF now for 8 years and could be holding them for another 8 years!!! However, with PF we have seen in the past how ''little things go a long way'' So we don't need a really big catalyst for the SP to move. With respect to PSG, it shows something is happening behind the scenes, Oasis had ideas of their own, hence the ''fallout''. We must appreciate PSG and Oasis are also ''hedge funds'' meaning they could do well by selling the 15% they hold to a new player. On top of this we know Standard Life's stake is up for grabs, so a new player holding 3% could suddenly become a threat to Nissin. They would have to respond by topping upto 29.9%, what would that do to the SP? ALL IMHO

nobody getting my shares sub �1. Yes I understand the frustration and anger, the feeling is mutual. But we need to appreciate with shares, ''as a rule of thumb'' they always fall more than they should without explanation, but also rise more than they should too. Anyone who sells at 65p must appreciate they are going to this level eventually, because they are going a lot further!!!

They are a South African Private Equity outfit and we cannot say anything about them at this stage. To date nothing seems to be moving the SP, so even if we got a RNS tomorrow saying Unilever have bought a 5% stake, the SP may move 0.25p, EITHER WAY!!!