Member Info for 2reincarnated

https://www.thebalance.com/cash-flow-is-better-than-p-e-3140765 I have over the years seen some shares rally on a combination of cashflow and cost cutting.

Good post, agree 100%. To that effect, in all fairness, it is not so much GD's fault and he may have got Nissin involved because McCormick may have launched a hostile takeover, at a subsequent date. To be honest, if it wasn't for the profit warning, in November, the SP may have got to 70p by March 2017. It must be appreciated that the Nissin deal has already generated £3 million in sales and that is set to increase, good for cash flow.

That is why GD is still in his job. The more I see the SP doing nothing, the more it is likely. We cannot see this being driven higher by sales improvement alone. Even if we see growth in Q2, it will be because anything above 0% is growth, that could be 0.1% or 1 or 2 % etc. We cannot rule out another deal with a food manufacturer.

Thanks for your post. All I can say is that GD would have resigned by now, before being sacked, if he did not have a strategy in place to move the SP. This is something that Nissin and Oasis must know about. I have mentioned on this BB on several occasions how PF does not follow logic. In 2012 the SP rose on takeover speculation, as it did in 2013, but there was no bid made. A concrete bid was then made in early 2016, this news never leaked out until PF released it, how strange?

from anyone that can give us a glimmer of hope?

we live in hope, if the past is anything to go by, with PF ''little things can go far''. We could see the sale of the Hovis stake, we could see Nissin topping up to the threshold or we could see another tie up like Nissin with another food manufacturer.

Or slight drop on cards.

The worst case described equates to "debt 4 equity sawap". However,"another event" could be a full takeover by someone who wants to work with Nissin. It could be the sale of a brand like Batchelors or another company like Nissin taking a stake in PF. We don't even know whether or not Oasis are "secret agents" for the likes of Bright Foods, put another way Oasis could sell up.

That is the best we can hope for. But McCormick out of it 100%.

But why are they not? This can only mean the markets are now looking towards growth in Q2. But what if we have a warm September?

RB sells the unit debt free. Just look at PF pension deficit and debt. Still there is no reason why a bid cannot come from someone who will work with Nissin

with the results in May it was suggested that a ''solid start'' had been made with Q1. If a poor quarter can result in PF SP falling by almost a third, then there is no reason why a good quarter cannot cause the SP to rise by a third. I recently bought some Super noodles and to be honest they are actually very good and if they are priced right, there is no reason why they cannot contribute to better sales.

https://uniontradejournal.com/focusing-the-lens-on-this-dividend-stock-premier-foods-plc-lsepfd-2/120052/

If GD thinks that sales alone are going to get the SP to more than 65p, he is wrong and if he has no other plan in place he needs to resign or be sacked. If he is aware of ''something in the pipeline'' like the sale of Hovis, another brand sale or even a major food manufacturer taking a stake like Nissin. But it is taking longer to implement than he thought, he should be given more time, which is what the board may be giving him. If he does go, he needs to take Nissin with him.

like I said buy at half the rights issue price. Imagine where we would be if we sold at £1.80 and bought back at 25p!!

Nobody on this BB has anything to say about PF, so may as well talk about other stocks. My goodness if only PF would rise, I could sell and take a punt on Carillion it could be a ''5 bagger'' At least PF has taught me to never buy into a Rights Issue, but just wait by the sidelines and jump in at 50% of the RI price. This equates to buying PF at 25p.

It took a spanking yesterday and that is continuing today. However, this is a ''functional company'' which may now resort to a rights issue. What the PF RI taught me is as ''a rule of thumb'' sell on the cash call and buy back at half the price of the new shares. In our case that would have meant selling at £1.80 and buying back at 25p.

desperate people do desperate things. The future is cost cutting and cash generation, the same story applies to Hovis.

50p in Asda. Nissin willn want to get people to know the product first, they can raise prices later. https://groceries.asda.com/product/noodle-snacks/batchelors-super-noodles-chicken/910003025398

My god we are all "victims" PF is doing nothing, whilst we have funds tied up which could be better invested elsewhere. I talked about Debenhams, but I had to " swallow poison" last year when Tesco fell below £1 .50. It has been suggested it could drop to £1. If it did, the problem is we are stuck with this scum of a share called Premier Foods. It could get even worse, we have companies like Halfords and Kingfisher which could come under pressure, but where are our funds?