Member Info for bistolover

holders above 3% as of 16th may 2017 Nissin Foods Holdings Co., Ltd. 164,486,846 19.76% Oasis Management Company Ltd1 69,224,966 8.31% Standard Life Investments (Holdings) Ltd 62,093,092 7.46% Paulson & Co. Inc.2 62,107,111 7.46% Brandes Investment Partners, L.P. 43,026,105 5.17% Dimensional Fund Advisors, L.P. 32,303,123 3.88%

lets all go to the agm and tell the useless ceo what we think of him and his continuous fake news he creates to keep his job.

must by the lucky one. http://www.mysupermarket.co.uk/sainsburys-price-comparison/Patisserie/Cadbury_Amaze_Bites_Double_Chocolate_14.html?TrackingCode=41.FRsY28mJQE2VGsIFtN26Jw according to online : Unavailable in Sainsbury's

if you only listen to doom, could have saved yourself quite a bit, also less pain by not believing in darby

just pop into a sainsbury, you'll see an empty self where the cadbury cake bites were, may still see the 50p clearance sign. You will also see thornton's and mcvitie cake bites in good key spots within the store. My guess ( remember only a guess) is the new contract with mondelez gives very little margins for premier, so premier tried to raise the price greater then it should be with sainsbury, then again it is still at the other supermarkets.

sainsbury have removed amaze bytes from the shelves. 50p clearance sales. Looks like the big boys ( mcvities and thornton) have taken bites out of this one.

why stick to a historical value of 65p that was talked about over a year ago, is this written into some sort of contract. then why not pick a value from 2 years ago, 3 years ago, 10 years ago etc The value depends on current fundamentals and not historical value, which are not good. I am afraid as people have held the share for the last year or 2, the value has been reduced by mismanagement permanently, the money wasting was real money and is added to the debt pile. come to terms with this and stop talking about historic vales as if they apply to the current fundamentals.

looking at the numbers and debt levels and the extremely week position the company has now ended up with it's customers, pension trustees, banks, suppliers etc Add to the above the lack of growth, this company has left no real value for shareholders other than sentimental value. Nissin is hoping this is what the market thinks so that it can sneak in a cheeky offer for the 80% it does not own. Darby can then buy sweet treats off them as a thank you for dedicated support. small investors only saviour with be oasis and brandes who now have a foothold.

It was defined as co-investment and not part of his salary. He has been getting 750k free shares for 3 years, so his original investment was not the same as shares bought by ordinary, investors, even if the shares reduce to a third in theory he will still be up, but assume the tax man took there share. I do not trust him with Nissin as his rewards could be much higher if he was to have made a secret deal to reduce company value so that Nissin can buy at a cheaper value, but no proof as yet, but another 2 quarterly warnings will be enough, so we will see in October. Gavin Darby was appointed as CEO on 4 February 2013. His basic salary is £700,000 p.a. and he receives a salary supplement in lieu of pension of 20% of base salary. Gavin Darby was awarded a bonus of £175,000 representing 25% of his salary in respect of 2013. In addition the first tranche of his Co-Investment Award which comprises of 492,524 shares will vest on 1 May 2014. For the purposes of this table the award has been valued at £688,492 based on the average share price for the last quarter of 2013.

he may have bought shares, but the company did not say that he will get three times the number of free shares.

right about some media do try to kick the company down when it has problems, but the ammunition has been provided by the company management for being dishonest and clueless. Basic facts are the company has high debt levels and needed to be managed carefully. This requires special skills and Darby does not have this. His background is in large multi-nationals where wasting money was not a problem. PFD needs a CEO like the one who runs finsbury foods, and there are people with those skills. The problem was the chairman did not do a search for the right person, looking back over the news, i believe only darby was interviewed. The chairman has gone AWOL, probably still drawing a salary of 300k per annum, left darby in complete charge to wreck the company. I have seen many people in large multi-nationals like Darby who only want to surround themselves with yes men ( or women) and make awful decisions being told just what they want to be told. I would be concerned about the layoffs, as the yes only men will be kept, so the problems will be covered up. Sales and profits has been down consistently over the last 4.5 years, the chairman should have seen this and sacked the ceo. Things will not get better as the same people are in charge. Darby only talks about market share. I can increase market share by how much I want if I sell £10 notes for £5, but am I improving the business or just giving away shareholder funds.

definitely have the special one. as his target now is to reduce debt, this is a guarantee that it will increase. He employer in japan must be very pleased with progress, 3 tradings statements in a row where things have got worse then the previous, nissin can buy the company considerably cheaper then a year ago.

After the usual gimmicks from Darby, where the facts are he is increasing debt at the same time as profits dropping. How many steps are premier from another rights issue. oasis must now be re-considering if they really want to plunge more of their money into this failing CEO.

we already have darby's mother saying good things on this board. Are you his aunt. do you mean the good news today about the bond offering today which sent the share price down over 4%, wonder more good news is coming out ?? darby is a complete disgrace and should be sacked immediately.

after announcing debt reduction is the priority. issue new bonds at exactly the same rate as before, but longer duration and a larger amount. PAYING cancellation fees to existing bonds, fees to his friend for the pressure, admin costs. This would have increased the debt by around 20m, so already higher than a year ago. absolute disgrace. what more has he got planned to ruin the business as quickly as he can.

interesting darby who is a professional excuse maker, did not mention Easter was not in 4th quarter results, but was in last years 4th quarter. was he staying quiet as he wants to ensure the 1st quarter results look better as Easter is in 1st quarter of 2017/18, so it does not get mentioned then either. he must be thinking ahead to the agm, where the next results are announced on same day as agm

43p is not where this should be based on past management commitments that they have failed to meet. It was Darby's plans to create duplicate structures that increased costs over the last 2 years, now he is taking credit for cutting the £4-5m run rate at a cost of another £8m.

Looks like the new bonds are not going to get a better rating than the current bonds. So Darby will make plenty of fees for his buddies in the city and then let the shareholders pick up the costs. http://www.lse.co.uk/AllNews.asp?code=0t4klvlb&headline=Moodys_Affirms_B2_Rating_And_Negative_Outlook_On_Premier_Foods This failing CEO needs to be kicked out fast.

so this ceo sets up a duplicate structure by creating sweet treats and grocery business. now gets rid of this and claims he is doing a great job. what will the cost be of a bond issue. I am sure it will be fat fees for his friends in the city. Had he done what was expected in 2014, the debt would not need to be re-issued and the growth would have enough to have debt to ebidta of less then 3, so would have seen the first dividends. He has been failing for the last 4.5 years and is now hoping to keep the gravy train going.

The company wants to issue even more debt just after announcing terrible results. Is Darby out to ensure this company is completely worthless.