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with the 3m trade trade for 101.40p yesterday at 16:35:53 indicates strong support over £1
your are right 'trade the rumour not the news', let see the price of new fixed bonds today

just look at the rest of the markets and the so called growth stocks are getting crushed. premier is holding up well, although still early days

UK April 2021 figures also being released on 19th May. This might give the markets a scare especially fte250 but expecting/hoping this does not spoil Premier results.

PFD is still a much safer bet then the so called growth stocks for the short/medium and long term, growth stocks may benefit from short term price rises to push profits higher, but markets are no fools and will expect interest rates to go up. Central bankers can only push the illusion of the inflation being transitory for so long.
If the bank of england does not do the right thing, then the markets will do it for them, just look up black Wednesday.
This inflation to me looks very much like the late 80s.

Below 3% means anything from just 1 share to 2.999%

a big win for us, firstly PFD being ESG friendly and also a overseas investor so making PFD higher profile. Good bye Paulson

typo : everyone except the current leaders of central banks think

Or do people think high spending ( mostly loss making) growth stocks are a better bet ?

views welcomed.

everyone accept the current leaders of central banks think we have a inflation problem that needs action on cheap money.

Is PFD a good investment bet on inflation. I can see some price rises are already started to be passed to consumers such as ambrosia tins selling for 80p at Tesco and Sainsbury, these were 75p.

hoping for a flight to safely and not a lot of stocks as safe as premier foods at the moment. it will be interesting to see what happens to the so called growth stocks that some on this board have been positive about.

i would not say a probable fall, but a dead certain. airlines stocks in the us are down around 5%

Paulson's brokers who sell for them are vacation

So the games continues to play out until Paulson has sold out.

Market makers push share price up and down to the price Paulson want to sell, Brokers working for big buyers want to pay as little as possible, but want to buy before results.

The price stays in the range 92p to 99p.

premier foods sold this in 2005 for £80m
reported today in thisismoney - In 2019, the company generated a pre-tax loss of £29.9million from £60.8 million of sales. The latest set of accounts are overdue.

must be cheap to buy now given they are looking to restructure with 55 layoffs.

the rns states the 5% threshold was crossed or reached on 20th april 2021, but there was a sell of 6.5m shares on 21st april 2021. so the 4% threshold must be close to reaching. Still a lot of shares to sell, but hopefully the rest will be sold before results day.
share price has held up despite market makers being fully aware of a big seller. any ones guess, but paulson may be able to sell the rest in bigger chunks.

https://www.thesun.co.uk/news/14611516/britain-free-trade-deal-new-zealand-wine-meat

"In return, we would send them more cars, gin and food, providing a boost for iconic brands such as Mr Kipling cakes and Yorkshire Tea"

forgot to mention the market crash of 1987 ( black friday) was due to possible inflation on the horizon, so your logic of the side effect in stock market happens 2 years later is the wrong way round.

So you are seeing signs of possible inflation on the horizon, and expect things to go wrong in 2 years time.
If the market sees danger then the correction will happen very quickly.
There was a big market crash in oct 1987, inflation took hold in 1989 ( 2 years later), interest rates peaked in 1990. How do you explain this

good point, nobody knows how much aulson will sell, but 3 recent RNS showing constant reduced holding is indicating something happening and not just intentions.

12 March 2021 reduced 0.72%
18 March 2021 reduced 0.54%
26 March 2021 reduced 0.68%

spot the pattern

it looks like a cat and mouse with buyers waiting for a bargain and Paulson frantically trying to offload as much as they can. 49m shares still to sell is a lot, may take a few weeks for this to playout.

We are now in new financial year. How healthy is the finances now, are we now below £300m net debt ?

Sill some residual benefits to come from current lockdown.
New norm where more people are cooking at home, some new trends where large minority of office workers could be working 1 to 2 days at home. There could be 2 working weeks adopted , Mon to Fri as working week, Tues to Thurs office working week.

consumers who can't cook properly or don't want to spend time cooking from scratch is a bonanza for premier foods with easy cooking products. Premier just need to market themselves in the right way.