Member Info for 2reincarnated

just sums up PF. It will come good, but only after you sell your shares, so the only way to succeed is to hold on to your shares for another decade or so!!! You will not believe it, but I am still of the belief that this could do what it did from Nov 20111 to April 2012, that is it became a ''six bagger'' for those who bought at 3p.

when are they?

Yes AA is highly cash generative, but not generative enough to clear all the debt. The SP fell to 70p on concerns the debt may eventually overwhelm the AA. It will not, but the AA will remain a ''zombie company'' one which only survives to service its debt.

The SP hit 70p and many suggested 50p was the next stop because of the huge debts and the fact a Rights Issue could not be implemented. Has the SP risen because with a Rights Issue the company will eventually mend itself?

AA shareholders are where we were in Oct 2013 when the SP hit �1.85. Quite simply the debt is so much a rights issue will be called soon. Little did we know that the shares in PF would be available for 25p each after the RI. With the AA I feel the RI price will also be 50p and the SP will drop below this.

Just look at the AA. A few weeks ago the SP fell to 70p on debt fears, as those fears have eased, the SP has doubled. http://www.cityam.com/284241/aa-shares-double-value-markets-believe-breakdown-giant-road

Your suggestions are perfectly logical. However, I'm still of the belief with PF ''little things go a long way'' On that basis, a small increase in the right sales could get the SP above 65p. Alternatively, debt reduction confirmation could do the same and more. It must be appreciated that Oasis are also a ''hedge fund'' and if they sell at a profit to the right buyer, Nissin would almost certainly have to top up to 29.9% or try and bid for Batchelors. That scenario could see the SP hit a new high above 65p. It must be aqppreciated, the SP hit 57p in Sep 16, on the back of nothing!!!

SP does nothing, whats new?

https://uk.reuters.com/article/uk-firstgroup-m-a-apollo-glo-mgmt/firstgroup-rejects-apollo-takeover-approach-idUKKBN1HI2XP

Getting desperate now, nobody can deny this company is shambolic. We can only hope something will happen, but who is interested? the SP is being driven lower on no volume. In the past Apollo Management have been active buying up PF debt. https://www.cnbc.com/id/100807167 They are known to bid for companies and have a dirty re: . https://www.ft.com/content/80b29126-3f14-11e8-b7e0-52972418fec4

Agree!!! However, you forgot to mention Nissin wanting to get Batchelors ''cheaply'' because if it was willing to pay the market price, they would have bought it by now.

https://news.sky.com/story/beast-from-the-east-drives-online-shopping-in-march-11324802 But what will this do for PF?

If they buy any more shares, it would probably mean they are going to play their part in a hostile takeover and sell to most likely a private equity outfit. There is still a slim chance of the likes of Bright Foods or Mizcan etc buying the Oasis stake. Either way we could then see Nissin top upto 29.9%. Where would this take the SP?

ok the results were not spectacular but ok, since then you would have expected at least 45-50p, but the fall suggests something is going on.

But the problem is they are not dong anything, neither selling or buying. If the SP is being driven lower, we should be seeing some volume which we are not. If they intend to sell, they would be doing something to get the SP up. Just wonder who would buy their stake?

The price is getting more and more attractive to "asset stripping" private equity outfits, whereas an established food company would have to invest and wait, like we are seeing with Nissin.

I've been tempted to sell at a loss. The only 2 reasons why I am holding are: From Nov 2011 to April 2012 the SP went from 3p to 18p and analysts suggested it could hit 30p. With PF "little things go a long way" this company is in much better shape now then it was then. Secondly from June 2013 to Oct 2013 the SP went from 60p to �1.85 driven only by a small increase in sales. Did the MM's drive the SP up to get a rights issue through? It is indeed the MM's that control this share, we are small fish. No reason why a private equity outfit will not work with Oasis and cause Nissin to either buy Batchelors or top up to 29.9%.

If Oasis get ''aggressive'' the only way Nissin can ''defend themselves'' is to build upto 29.9% that should take the SP beyond 65p. The other scenario could be Oasis are acting at the instigation of another bidder, possibly even the likes of Bright Foods.

Can't see them selling at a loss. As I said on this BB only last week, ''what are Oasis getting out of it?'' Now we know, they are getting nothing!!! If I am right they being ''active investors'' they must have tried to invest in a brand and Nissin may have ''thrown a spanner in the works''? They hold 9% of the company I think, who knows they may sell the lot to Mc Cormick!!!

and the worrying thing about it is there is very little volume. You could hold your hands up and say with high volume, that someone is stakebuilding, but that clearly cannot be happening. We know by June Oasis need to be at 10% and a max of 15%,, at this rate, they will be buying at 30p.