focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Bought half my holding back after 12% drop not to be sniffed at.
Yes sold out early this morning could see chance of pull back before moving higher.See how we open in the morning .
I think the 300 million when announced will be share buy back and ii results will surprise on the upside.Now why they have not talked about the 300 mil return could also maybe be another acquisition lined up or are we lined up to be taken out.But we will see topped up extra 3000 g today gl all.
I’ll go with June 6th
Had two thousand doubled my holding first thing
Signing of Share Purchase Agreement
to Acquire Additional Shares in Premier Foods plc
On May 24, 2022, Nissin Foods Holdings Co., Ltd. (President & Representative Director CEO, Koki Ando; “Nissin”) entered into an agreement to acquire 3.9% of shares in Premier Foods plc (“Premier Foods”) from Oasis Investments II Master Fund Ltd. (the “Acquisition”).
Nissin and Premier Foods entered into a strategic alliance in March 2016 and have since built on our respective strengths to collaborate on various fronts. For example, Nissin has leveraged Premier Foods’ capabilities to distribute Cup Noodles, Soba, and other brands produced and sold for the UK & European markets, and Nissin has co-developed and co-manufactured Premier Foods’ Batchelors Super Noodles pots products. The Acquisition is intended to further strengthen the existing strategic relationship and to contribute to continued value creation at both the Nissin Foods Group and Premier Foods.
Upon completion of the Acquisition, Premier Foods is expected to be treated as an equity method affiliate of Nissin for accounting purposes. Financial impact on Nissin’s consolidated earnings from the Acquisition is still under review, and additional disclosure will be made if deemed required.
Details of the Transaction:
1. Number of shares acquired
2. Percentage of shares acquired
3. Total percentage of shares to be held
upon completion of the Acquisition
33,550,000 shares 3.9% *
22.9% *
* Based on 862,999,357 ordinary shares outstanding as at 2022/4/30.
Chemical companies seem to be doing very well apart from the share price but it’s holding up really well ready to break the 3.14 this is my second biggest holding and next is Elementis same doing well but poor share performance.
I think low rated companies like banks up to a point if they ever rerate should stick to mix off div 4/5% and buybacks each year which will create balanced long term value.I see them as good value holding here even with a recession looming and risk off higher impairments balanced out with higher margins.
Nothing to do with covid the company is facing problems and short term don’t see anything to drive the share up apart from takeover.You can shout all you want about the div it’s wow 10% great if company was doing well but it’s not so you just keep losing capital.
Well grats on your div but I see another 20% coming off here losing market share taking hit from inflation in secondhand motors and repairs and other claims.will just take a few sell off days for this to drop quick so hang fire.
Looks like there beefing up there brokers as USA bigger part of there business and maybe be looking for bolt on accusations over there.
Seems broker caution may be right looking like growth and profits is going in wrong direction this may be a longer term theme I’ll not buy back in at this point.
Now watchherchops as you want to call her should be given a chance to prove if itvx is successful or not turning a business’s round like this with losts of competitors around takes time.Producing quality over quantity is what will attract viewers and Ad revenue only time will tell .
Sorry I do get it I said more eye balls will be back watching normal tv like itv and using it’s free new itvx.I have cancelled Netflix not that I carnt afford it it’s now just full of foreign films tv shows sub standard programs.As for itvx premium yea I’ll be signing up for it.Now for the hedge funds shorting these I think there going to get a bit of a shock .