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Hope it bounces hard today. However, can't see this happening until the lockdown in the UK is over because SIG sites are closed. The other problem is Trump is trying to open the US prematurely, if there is any type of State V Federal disagreement, the DOW will plunge, the rest of the world markets will plunge in sympathy. Another problem is if a Trump. Opens up early and it leads to more deaths and then a further longer strict lockdown. If that happens, forget about Coronavirus and begin to imagine the earth has been hit by a meteorite, my goodness the economic impact will be the same.

And we will be seeing it visit that low at some point.

And one which will attract a bid from a Private Equity outfit. The problem is " you don't hit a man when he's on the floor." One the lockdown is lifted, we will see this hit 40p quickly.

Will double from 70p ish, but will probably stay there for 12-18 months. it will get back to £4 when the economy is back to pre Coronavirus levels, this will take at least 3 years.
This is a health crisis, not a financial crisis, the banks are not weak like in 2008, that is why we will get a recovery and £4 again.

Tradegurus, I feel this will go below 20p again, but not as low as 10p. It will hover around the 20-25p mark for a long while after getting there.

They take a very long route to spelling out what we have known for a while now

https://www.investingcube.com/lloyds-share-price-languishes-2012-lows/

Thanks for your post. But the Situation is, either PF is going back above 30p because the Coronavirus has not had a bad impact, but PF will be affected by the recession which is on its way and we are all agreed in inevitable. The other situation is the Coronavirus has had a impact on some brands and the institutions believe the recession will be long and hard and of course the Pension Defecit. In this case the SP is going a lot below 20p.

Thanks for your post. But the Situation is, either PF is going back above 30p because the Coronavirus has not had a bad impact, but PF will be affected by the recession which is on its way and we are all agreed in inevitable. The other situation is the Coronavirus has had a impact on some brands and the institutions believe the recession will be long and hard and of course the Pension Defecit. In this case the SP is going a lot below 20p.

That is why I got out at 20p. I am currently standing on the sidelines and waiting, I keep hearing another item of bad news ever day. Today it is how bad a recession in France will be. However stocks keep on rising, but that is a " classic sign" of the crash to come, we know the only one that really matters is the one on Wall Street. I really do feel at some point for 20p you will be able to pick up the likes of Lloyds, ITV or even a " big fish" like G4S. If PF is below 20p again, I will jump in again.

Your both good posters. Let's be honest and look at the situation the country and the world is currently in. We cannot look at things at face value, things will improve and BG is with us now and will be with us tomorrow. However, I do feel the SP will drop, perhaps as low as 20p but rally quickly back to 40p when things get better. From there it will take time to get higher, but it will get higher.

Good Post Toff. Can't fault it.

Yes because the Dow is overvalued, it has risen as if there is no Coronavirus. In the US we are seeing so many deaths and the lockdown will not end soon.
If Trump prematurely ends the lockdown for the sake of the economy and the deaths return, it could be the end of Trump.
However, thisshare will thrive once again, but I fully expect to see it below 20p again at some point.

Agree. But I really do think that if there was going to be a takeover, it would have happened by now, what are they waiting for?
If PF rockets, I will have lost out. If it has a poor Easter or Mr Kipling sales dropped off, coupled with the recession, we could see a big drop.
If I am up on my new investments, I would consider then coming back in.

This is a great recovery stock, but what will the bottom be? I feel this I should the bottom, however, with shares in the US stageing a " false rally" Centrica could be " in the wrong place at the wrong time" and could go to 20p, before hitting 40p.

I hope you are right. I use to post so much on this BB about how PF would be taken over, but what changed my thinking was the initial Nissin bid of 52p and that was the only bid " with no strings attached." The two further bids of 60 and 65p were highly conditional and subject to going over the accounts " with a fine toothconb." They went over the accounts and said no, at the time Gavin Darby was blamed by most on this BB, when in fact he was saying no to 52p and yes to perhaps 70p which was the price the "quality press" i.e. FT, Sunday Times and Mail etc suggested a deal may go through at. However, Mc Cormick pulled out. Since then nobody has bid for the company and if they did, they would almost certainly be inferior to Mc Cormick. Nissin do not want to bid for the company or even build to 29.9%, if anything they would like to buy the company out of Administration, a position PF will not be in.
I sold out because, I feel at 20p I may soon get the chance to buy the likes of Lloyds, ITV or even Virgin Money and they will double at some point and I feel the proceeds can be put into a stock that has not recovered, but will recover later.
The timescale in which this may happen is within the one PF could still be stuck in the doldrums.If PF was not taken over when it hit 45p, I cannot see it at 25p. We must appreciate we are going into a recession and an already Brexit weakened economy. We will see Aldi, Lidl etc taking a lot of Tesco, Morrisons sales, that is why their SP' are already reflecting this.

Good post. However, we will see a dip below 20p because the Dow is way too high and the timing of its huge rise would suggest we are not in a crisis. But we are in a crisis and so is the US, we will see several rallies like we have seen and we may not see a bottom of 6 months.

Thanks for being honest. Are we looking at 20p?

"Guardians of Centrica" please explain.

https://www.fool.co.uk/investing/2020/04/11/warning-these-3-ftse-100-shares-could-fall-further-in-the-stock-market-crash/

Explain?