Member Info for jedclampit

Yes that's very good news, looks like they all bought at 65p with their own money, now that at last does show faith in pfd. now let us see 85p+

Hold tight, looks like we are starting to move and here we go up to 75p -80p

There is NO supply of gas going to eneo and no charge for any pay& take agreement.
They just owe money to vog and the generators and it looks like they have no short / long term view on paying.
Grid Power Update (ENEO)
The suspension of generation and thus gas supply at ENEO's Logbaba site continues, and the Company, along with the supplier of the generators, continues to proactively engage with ENEO to resolve the non-payment and other contractual issues.
The gross receivables outstanding from ENEO to 31 May 2020 was $15.5 million ($8.8 million net to GDC).

Yes so many of us have been sitting on huge losses on these for years and it would be nice to at least hit 80p to recover much of that but it does seem like a bit of a dream to be this high again.
I think I must ask the wife to hit me round the head with a pan just to make sure I am not dreaming it. But then again that would be normal. !!!!

That's true nothing adds up,what is it now about a year and eneo still owe vog approx $15m and show no signs of paying. Just how long can they go on like this without a lot more customers or raising more money with their burn rate. It's like NO positive progress in the last 2-3 years apart more talk and different people in charge.

This now needs a big boost with all directors buying some shares, I don't mean taking any rights / offers etc I mean buying some shares with their own money, now that would boost the sp.
Come on guys the closed period is over buy buy buy.

Now showing as 69.10 on london stock ex

We must expect the sp to drop a few pence on profit taking, why not but those that do sell will hope to get back in before the sp goes past what they sold at. So is it down to 66p ish before it goes to 70p+ ? Some will have to be fast

Premier Foods, up 6.5%. The food producer said it turned to an annual profit and expects to beat forecasts for the financial year ahead. The St Albans, England-based food maker reported revenue for the financial year ended March 28 up 2.8% to GBP847.1 million, swinging to a pretax profit of GBP53.6 million from a GBP42.7 million loss, as administrative costs fell 51% to GBP76.6 million. The UK Grocery business grew revenue each quarter and by 4.5% in the full-year. The firm's grocery categories and brands saw a "sharp increase" in volumes in the last three weeks of the financial year, as large numbers of consumers in the UK sought to build household stocks of some products during the Covid-19 pandemic. Going forward, the company said it expects to make further progress this year, after delivering eleven successive quarters of UK revenue growth. Additionally, a new international strategy is being implemented with the objective of delivering sustainable profitable growth.

So the ftse was down about 140+ points but has now turned and started to go back up or pull back the losses, so will pfd now start moving up more with the market.?

I guess we should also be pleased that pfd is up about 5% while the ftse is down about 100 points so far today.

I guess we should wait and see if any brokers come out with up-grades on price after todays results.

Faring better was Mr Kipling cakes maker Premier Foods. It swung to an annual profit and said it expects to beat forecasts for the financial year ahead.
Revenue for the year to March 28 rose 2.8% to GBP847.1 million, with Premier Foods swinging to a pretax profit of GBP53.6 million from a GBP42.7 million loss, as administration costs fell 51% to GBP76.6 million.

No bad, increased sales again , increased operating profit by £90m, reduced debt by £60m,
not looking too bad but will it move the sp to 80p ?

Well there it goes on the way down now as many sell before the results come out.
Have they made the right or wrong move?

We all know the smart money says sit tight and wait for that takeover bid of £1.50 now.

So now we have reached that all time high and major gamble time. Do we now sell and get back our money after years in waiting in the fear that if we hold until the results are issued the sp will go back down or sit tight on the hope that it will go a lot higher.
We all know what ever we do the sp will do the reverse, it's sod's law time all over again.

Should be good , not only that but all / most pubs / office and eating out places have still been close up to now so the majority of people have been eating much more at home and they have been buying retail packs so general food sales should still be way ahead of last year.

Many of us have been locked in here for what 5-8 years with huge debt levels etc and always looking for great / better times ahead on every year end numbers / rns issue.
PFD now looks in the best position I have ever seen them in, and with what looks like coming up this week we could be down to maybe a debt level of a few hundred million. So could now be the time the directors rais a nother few hundred million at say 50p and clear the debt for good, maybe then we could see £1.50+. Just a thought.

Sorry should read bandwagon.