Member Info for 2reincarnated

I'm utterly ***** off with the situation. Quite simply 60p not 65p in 2016 was better than 70p in 207 or by thye looks of it 2018!!!

that the AGM is over a month away, who knows they may be in a position to offer some good news at the AGM, theoretically, even, a bid rejected/accepted?

Appreciate your comments and the frustration of most on this BB, however GD is in a job because he has the backing of the board in showing how "potentiallly" 65p was too low

I'm seldom a fan of your posts, but you seem to be spot on in respect of your last post.

They are active investors, there not big enough to buy the company. They are known to go in "all guns blazing" Not sure they would wait 3 years. They may have plans to do a rollout of new items and sell when it has boosted their stake, or they are simply hanging on knowing the SP will rise and they will sell. There is no reason why the SP cannot rise from now until autumn

1. Brexit 2. Leicester City win the PL. 3 Donald Trump. 4 The Hung Parliament and 5 Premier Foods gets taken over?

I think it can only be a bid that is on the cards. There is no way the SP is moving by trading its way up. The reason why GD is still in this job is because he is in the process of finding the buyer at the right price. I wish it was £1, but it would not surprise me if it is 70p. We can now assume Nissin are not going to bid, so what was the purpose of bringing in Oasis? I have been looking at which companies ''fit the bill'' if the likes of Bright Foods or Kraft were coming in, they would have done so by now. I have looked at Pioneer Foods of South Africa as one company that could come in.

going? no rns despite big buys recently. Do they not have to disclose?

we are going nowhere

Missed out the lol bit

http://news.sky.com/story/sharp-fall-in-foreign-takeovers-of-uk-firms-10906174

Thanks for your post. How close to this do you think the SP may reach this year?

did these fall to 20p a few years ago, before recovering?

I'm still not calling for his resignation, but I feel he should provide us with more info on how he is going to improve the SP and what are Nissins intentions. He has a very difficult job with the brands he has, we cannot understate the effect of Aldi etc.

like I said something is brewing. Quite simply there was only 2 ways to boost the SP: 1 By growth 2 By cost cutting Difficult to do both. They had the perfect opportunity go get rid of GD and install a new CEO who would have started cost cutting, because growth hasn't worked because you can't grow PF without investment, which PF do not have, despite Nissin.

Thanks for your post. If GD knew it was going to take 3 years from now plus the year that has passed since the bid was rejected for the SP to get above the rejected price. He should not have rejected it, because even 60p per share in 2016,is better than 80p in 2020!!! I still believe that there is something planned to get the SP upto that level within a few months or GD would have resigned by now and the new CEO would have come in and said he is focusing on cost cutting or even disposals to boost the SP.

We got one yesterday, but not what we wanted. It's been a week now, what is going on?

looking at the weather out there, what are the chances of a cold September? Exactly!!! That can only mean another profit warning, so how the hell is the SP going to rise? I have been one of the most optimistic posters on this BB, BUT NOT NOW!!!

The concern I now have is Mc C ormick pulled out after talks with PF in which they were given access to info which may have suggested the company was not worth 65p. Since then the SP has declined further and nobody thinks it's worth even 50p.

Thanks for your post. The problem is if they are new players, they have accumulated less than 1%. If they are existing holders, where is the rns? The only way a 1% accumulation from a new player would do anything to the SP would be if it is the likes of Bright Foods / Mitsubishi etc lol.