Member Info for jedclampit

When you think the ftse is down about 100 points PFD is doing very well, just wait until the market changes and goes back up what will PFD be then £1.20- £1.50?

Well for once that was a very good read and better than i was exprcting, very growth , good plans going forward and a Divi, wow. I think it's the best rns for 10 years.
If we don't see this sp go to £1.50 over the next few months then theres something very wrong with the markets.

Branded revenue* up +13.6% in full year and ahead +7.0% in Q4

· Trading profit* increased +11.9% to £148.3m after increased marketing investment and incremental Covid costs

· Net debt/EBITDA,3,11 (pre-IFRS 16) reduced to 1.9x, the Group's lowest ever leverage14

· Repaid £190m Floating rate notes in FY20/21 reducing interest costs by c.£10m p.a.; plus ratings agency upgrades

· Combined pensions surplus of £539.9m

· New RCF facility to 2024 and launching offer of new £300m 5 year Senior Secured Fixed Rate Notes

· Proposed final dividend of 1.0 pence per share; reinstated for first time in thirteen years

You have been talking about it for a few weeks now so if your happy and out that's fine with everyone, I guess the fear has got the better of you. Look on the bright side you can always buy back in at 80p - 90p ish if your right, then many of us will also say sod it should have sold. Good luck.

I can't help jumping in here again, but you say we live in a free world which is true but only because many / most of us have taken the vaccine to make it safe for may more.
If we all said sod it and didn't have the vaccine just how many more thousands would have died, just face it your views are wrong and no matter how much you put your views they go against the many. Just how many have you killed by passing on the covid without knowing?
Bring back the berch and lock up all those that don't fall into line.

Where do you get your info from,
Boris has the covid almost beat now, brexit trade is coming back as reported. NHS has had funding greatly increased.
Just sounds like you are 100% Labour who have NO ideas at all. get with it.

Come on pfd don't tell us this is now going down before the results.
Let's make that £1.10 at least.

Sorry but I think you are wrong, the vaccine should be compulsary to everyone that is that age group at the time.
OK you don't want it and many others are the same because you have different ideas, but you and many others could have been passing it on to others that have died. Think of all the others that have put themselves out and taken it.
Just think you are short sighted, and should be made to have it or be confined to your house until it's all over.

I agree but didn't we say this last year and we are still around the 50p mark !!!!!

coming back slowly now and if us open up we could end the day in blue, hold tight here we go.

Yes maybe it is, I just think RR for the moment has turned into a day trader share by the city and we need to play it the same way. Maybe for the next 3-6 months it will be like this so no one should just buy and sit tight. I myself sold some on Friday at 107 and bought them back today at 103 + and will continue to do so when theres a chance of making small amounts while still holding some just incase it takes off. But everyone to their own.

I don't know what happened there it should be splutter.
instead of dropping the sp it dropped the S

No it's the last plutter at 104 then drop down to 102 so I can top up again, I just wish it would do it now and get it out the way.

You might as well wait until later today when it will hit £1.02

I must say the whole supermarket set up has changed over the years, some 10-15 years ago discounters like Aldi / Lidle only had small share % but have grown considerably to what they have today. They have grown their businesses on total own label products and I signed contracts for some of these products many years ago and know that for many manufactures you can make lots of money if you gain some of these lines with good profits as they don't / didn't compete against many branded products, so you make your money on smaller margins buy higher volumes. Now days most of the Tesco'e Sainsbuys Morrisons are trying to compete against the discounters on price and so the pressure on manufactures to supply at even lower prices makes all manufactures leaner and reduce costs to the bone.
PFD need to have more products for the summer months now that could be own label products or buy products to build on.

?
I will buy more if it hits £1.02

£1.03 coming now, who knows what's going on but it looks like it's all been over hyped

I think for many own label product manufactures ( which are normaly big branded product manufactures look at on a yearly basis, most companies know in advance what their product launches are going to be and estimated volumes vs capacity so tender for contracts on a by product basis and will be very competitive if it helps keep the machines running at full strenght and they make a little profit. Most will tender for a 1 year supply at a time knowing their own branded products take priority and that's why over the years pfd has produced more own labe products some years against others.
The art is not to be tied into too many own label products at low margins, but there are always some companies that only concertrate on making own lable products where they have very large capacities, but that's where sometimes they can lose their market do to price and companies then have to close as they have nothing much to fall back on if everything is about price. The trouble is there is always someone else out there that will cut prices to the bone to keep their plants running.
I think pfd have made many right moves in sometimes NOT tendering for some contracts where they could have lost money just for the sake of keeping the business.

Sorry Kall I don't agree with your own label idea, I was in the food business for some 35 years and know all about production and sales.
If a manufacture is selling all their products and have some spare capacity on the machines they sould make some own label products for the supermarkets if they can sell them at a profit and keep the machines running at full strenght as it spreads the overall costs. But not make products at the expense of branded as they will be under cut on price and reduced profits. Like everything it's a balance.

Good morning,
So what other shares do you have your eyes on that are well discounted?