Member Info for dogger

You can rely on the bbc to get their facts wrong…..it’s what hey are good at.

I’m just surprised they don’t blame Kipling chocolate slices for global warming…..or maybe they do ?

I never watch or listen to the bbc

For CEO and CFO. Thoroughly deserved in my opinion……plus it gives then a nice incentive to grow the SP for the rest of us.

Yes…..what are you thinking…..Kipling mince pie recipe ??

Is one of our non exec directors. She is also a non exec director of Nat West……so she will probably be able to spend a bit more time with PFD shortly.

I attended the online AGM this morning…..all goods news.

The board were asked if they have a defence strategy against a bid. The chairman said that they have. My suspicion from listening to what was said is that the defence strategy largely relies on Nissin’s 30% shareholding.

It is difficult to see why Nissin would make a bid….but they May certainly stop others.

Wait for the bbc and the rest of the msm…….Premier Foods profiting from the vulnerable……hit them with a windfall tax !!!!!!

Given the current media attention around food price inflation, how will it look if Premier announce better than expected profits.

Personally I couldn’t care less what the media say but it will make the announcement interesting.

My understanding is that they had to put out the interim rns if the results were 10% better that expectation. So I guess we are looking at a 10% or better increase in profitability.

Assume an increase in SP to around 130p before the results and then a fall back on or after results day……any views anyone ?

Is on TV tonight. 8.00 on BBC 2

Apparently if profits are outside the expected range by more that 10% either up or down they are obliged to issue an RNS. So I guess that explains it.

They put out an unscheduled trading update……the SP shoots up to around £1.30 and a week later it is not far off back where we started.
What was the point ?
Anyone got any ideas ?

Can’t see any reason why they would, can you ?

Yes, my thoughts were exactly the same……to make an approach more difficult.
However, with Nissin holding nearly 30% a takeover does seem unlikely.
I also noticed the net debt comment. As you say strange they haven’t taken further action there. Maybe saving a bit of good news for the actual results announcement ?
I just think the whole thing is very odd.

I still don’t understand the timing of the trading update.
Did they want to boost the SP…..if so why ?
They have now lost about half of the gains. What was the reason for an extraordinary trading update ?

Not often that I get it right but…...sold 25% of my holding at 268 yesterday and have just bought them back at 263

25% of my holding on the assumption of a drop after the results……..I have been wrong before !!!!

To post a trading update 3 weeks before the year end. Why not just wait for rage good news to come out on the 18th May ?
Any theories ?

1 x £1000
2 x £50
2 x £25
= £1,150 on £50k investment
Bought all £50k last month

Haha…..I think you will find it’s a murder of crows. But I agree with your sentiment

Trading update 19th Jan….we will find out then.