I think he's got most of his free shares now. Nissin would back GD as he is their tipster........tired of this company. I need to rotate out soon. An offer should have been submitted by now considering sterling's depreciation......I am disappointed with McCormick as well for not coming back with a firm bid......take it or leave it.
Technically there could be SP if you bought McC.......their SP is steady and stable over the years! Nissin deal was Orchestrated by Darby who doesn't think he should resign after a year with the SP significantly below the offer price. McC would be laughing at the fool now!
We had 65p offer but he said it was way too low and tipped off Nissin to buy stake to block the bid. He lied about rosy growth outlook which was followed by profit warning.......can't you see that Darby is an insider trader indirectly.
Send PFD an email, demand a straightforward answer from Darby and a good reason for not resigning. No weather excuse or even brexit excuse. Unilever don't do excuses and their SP has climbed more than offer price within weeks.
sure they can have PFD now please McCormick! Pound is cheaper too.........come on please......75p - 80p would do it for me after painful averaging down.
Nope it wouldn't.........a private deal is private and wouldn't affect public deals unless they make that private deal public. I just hope the current merger deal is blocked and DX. put on sale as i am sure that DX needs to be taken over by a larger delivery / logistics company not the other way round.
City will go under soon because of £35,000 fine which could actually be £3,000 if paid within 28 working without appeal. Humph, at what level are you looking to cover your shorts? 100p?
New CEO and new chairman........the only positive news! I suspect something dodgy about the current CEO as he doesn't feature in the new enlarged group. He bought a chunk of shares at 17p.......don't think he's willing to take huge loss.
RE: Re:The SP will rocket instantly9 Apr 2017 08:59
PFD is like Greece.......run down by the leaders. Just like U.K has been run down since the end of WW2........how did Germany come from the ruins to rule us again? You can't substitute hardwork and brilliance. Darby is incompetent, doesn't understand anything about cost cutting......all execs and board members should have been paid in shares since 2011. Cash salary should be for workers producing tangible things........I don't know why most people here think it's ok to reward failure with bonuses and cash salary. I run a business and if I don't make money I don't even get salary not to talk about bonus.
FCA must be reviewing any citylink type of playbook here as I have issues with the board of DX. Same incompetent people who turned 100p into 9p should not be allowed to turn 9p to 0p.
you're wrong........PFD is a big company that is run by small minded Cake eating coward. PFD needs a cost cutting CEO with 21st century connections and network. Tesco too suffered because their former CEO was stuck in the 80s and wasted money like there was no tomorrow. These washed-up guys calling themselves CEOs should buy shares, sit on board but let someone with real talent do the job and make decisions.
Hey Humph,
Cityfibre is going to get grants to build their fibre network and i don't think woodford is stupid either. The fibre network is needed in this country and backed by the government.