Member Info for 2reincarnated

I agree with your post 100%. However, he has not been sent ''packing'' by those who could do exactly that, is that because they know what the is and support the plan and feel it is not his fault it is taking longer than they thought it would?

However much I am frustrated at the SP, I still feel that GD has a plan or he would have resigned by now. Quite simply, the SP cannot rise to above the bid offer, without a plan in place, neither can sales lift the SP.

The problem with selling off brands to pay off debt, is you reduce the debt, but also revenues and crucially cashflow. We need to appreciate the scale of debts and understand last years offer of 65p (if genuine) showed the ''enterprise value'' as being £1.5 billion which just shows how deep pockets are needed to buy the company outright.

Could it not be the case GD expects Knighton Foods to become what remains of Premier Foods. ie Nissin buy Batchelors, sweet treats is sold off, so is Sharwoods, Lloyd Grossman is dead anyway, leaving OXO, Bisto, Homepride etc, he may is well call these renaining brands Knigton Foods.

The bottom line is, Ambrosia is dead in it's current form, if growth is anything to go by. However, owned by a larger company with deep pockets, it has scope for growth. They could produce ice cream or yougurts with a ''custard theme''

or expect more lies, like last year '';PF will be paying a dividend in a couple of years time''

whatever has happened, the SP doesn't think anything of it.

Agree with your ''instincts'' yes it is logical to suggest Paulson. However, who would they be selling to, it cannot be Nissin or Oasis. Additionally, it is a decent buy, but is it institution to institution/

Agree that the volume is in small tranches, but we must appreciate Merril Lynch have sold their stake to who? To the best of my understanding, that was not in small tranches. Moreover, we have ( I think) at one point also had a buy of 3 million shares. A lot of the selling is probably between institutions.

we have daily volume, yet no rns has been released for ages to show us who is buying these shares.

Well they have been linked with a bid before, but the pension deficit may have been the sticking point, likewise with a takeover of Burtons Biscuits. However, I have said this before when the SP went from 3p in Nov 2011 to 15p in March 2012, it then rose to 18p in April 2012, I can recall the newspapers suggesting ''PF rose on bid speculation'' who was this? was it Mc Cormick? Again when the SP went from 55p in June 2013 to £1.50 In Sep 2013, it then rose to £1.85 once agin it was suggested ''bid speculation'' who was in the frame? This could have been Bright Foods http://www.foodmanufacture.co.uk/Business-News/Premier-Foods-now-a-target-for-China-s-Bright-Foods

if there is now a company that can work with Nissin and has money ''burning a hole in it's pocket'' here it is. http://uk.reuters.com/article/us-weetabix-m-a-post-holdings-idUKKBN17J1Q4

Lloyd Grossman is dead, Sharwoods is nothing great, Homepride is a "bit part brand" therefore all 3 require investment. Nissan have deep pockets and if they focus on the brand who knows? Coming onto my earlier point regarding the Nissan advertising at the Man U game, it is not cheap, so imagine what could happen with their investment and advertising. If this became the only "sauce brand" why can't it become "king of sauces"?

Personally I think Ambrosia could challenge the likes of Muller with a range of Yogurts. I note Muller have an orange with chocholate yogurt and other desert style yogurts. Apart from that, sell off Sharwoods and do away with Lloyd Grossman(it is the living dead). That would leave Homepride as being the ''king of sauces'' allowing Nissin to ''co develop'' this brand.

Watched the Man U vs Chelsea yesterday, sponspred by Nissan. There was quite a bit of advertising by Nissin Cup Noodles, did it really draw any attention? problem was Nissin sounds too much like Nissan. However, coming onto dogscott's post about developing the company, I'm afraid the Nissin deal is abou developing the company, but as I have said before, will it go the same way as Frozen Custard/ Paul Hollywood/ Homeprice sticky sauces? Lets face it, the last time we had a performance driven recovery was from June 2013 to about September 2013 with the SP rising from 55p to about £1.50, with the rest being down to a rights issue/bid speculation. I simply cannot see that happening for a while.

Understand your frustarations, for me it will be 7 years next month. The bottom line is, Mc Cormick are no linger interested as they cannot work with Nissin. If there is going to be a takeover, it will only be from a company which works with, not in competition with Nissin. We must appreciate, Nissin are ''transferring technology'' to PF and there 20% stake is a ''blocking bid'' because if somebody bid for PF and got it, tghey would also get th''technology''. I'm afraid with Oasis on the board and the timetable for them having to build a stake is so long ie a year from now, suggests GD has a long term plan for PF. Oasis can now build to 15%, if there was a possibility of a bid soon would they not be buying? what are they waiting for a bid to come first and gain 50% on 8% or gain 50% on 15%? Hate to say it, but a dividend is nearer than a bid!!

for ages, yet where are all theses shares going? we have had volume each day, surely someone must have added?

But if MC bought PF we would get the cash per share and there would be no PF SP left. Of course, logically in the future, the likes of Mr Kipling may have a SP.

Your missing the point, with Mc Cormick there would be NO SP!!!

I've said that before and reiterate it. A year to the day Mc Cormick walked away and the SP is 50% below the rejected price, we need answers. I have been very patient, but now cannot take any more.