The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Once volume returns the spreads will increase. But the fact SP is holding so well with such low volumes is promising. We just need some sort of news to get this moving.
They expect 5-6% for the year. After Q1 we are currently at 6.3%
That clarifies all the 350k trades last wk.
Where do you get ur predictions from. Your constantly shouting out random predictions. Which ain't even supported by techinals.
Iv noticed everyday this week there has been trades of 350k at the close of business. With the sp holding up well, could this be the short position being closed or a new investor getting in before the divi date.
Thank you for the insight, I must have missed that. Is it just pizza bases or pastries as well? let's hope management can utilise the capacity available to them and increase productivity at all there sites now.
Also good luck lucky
With the debt manageable now. This is a new company that can finally focus on growth now instead of surviving. It can invest more into its brands to maintain sales, as this is where the margins are. moving into new categories, bolt-ons and acquisitions. With the distribution network pfd has and its relationship with supermarkets this would be a great move. Just need to look at the rate nissin noodles are gaining market share. Cape herbs will surely gain traction too. International sales are only a fraction of what it could be if executed well.
Haha this thread. But common guys let's leave pernix alone. Each to there own. If he made money else where that's good on him. Most of us here I believe are investors anyway not traders. The new management appear to be very motivated and driven with clear plans. A new seed had been planted and its just a matter of time before we can enjoy the fruits.
Is this a new subsidiary owned by PFD?
I don't recall pfd being involved in making pizza bases.
3mil shares brought yday at close of business and another 2mil. Great to see new investors getting in at these levels. Should provide good support.
Thank you for that. But I'm still little confused. It has no cash impact bt it is distributable capital. why could it not have been used to clear more debt?
It must be how they intend to maintain paying future dividends as they continue clearing debt with FCF.
Can anyone explain to me the Profit and loss reserve. Is this tangible or just an accounting figure. Is this money that the company can now spend?
Most of the good news was expected. We still need to wait for the dust to settle with this pandemic for a better understanding.
Having a presence in Australia and USA. It is a brand that will potentially be known world wide. I agree about pataks. However pfd seem to have acknowledged the approach nissin took about using an overseas company to distribute and grow their products.
Taking these baby steps will allow pfd to take bigger strides internationally. The partnership with Cape herbs also allows them to understand and explore opportunities overseas.
Having a stronger overseas presence might also help with improving sales during our summer months.
Interesting that the short position hasn't been closed.
And PFD must be analysing potential acquisitions which could be the reason for extending the RCF.
Weston foods also seems to be doing a good job distributing our brands. I like what they are doing with sharwoods. Great brand to build internationally.
Pernix u went from the opinion of a strong buy few days ago to selling out..
Do u know something we don't?
Reduced (or cancelled) by means of a reduction of capital. In accordance with article 3 of the Companies (Reduction of Share Capital) Order (SI 2008/1915), the reserve created on such reduction can be treated as a realised profit and, therefore, it may be distributed to shareholders or used to buy back shares.
From the RNS 12th Feb
The Company confirms that following the Reduction of Capital, the number of issued shares and the rights attaching to those shares remain unchanged. As at 10 February 2021, the total number of ordinary shares of GBP0.10 each of the Company was 854,349,297.
As the no. of shares remained unchanged. They must have treated it as realised profit. This could be why KOP brought now anticipating a dividend.
Also as someone had posted previously, staff had been rewarded with a bonus. Maybe this could be the shareholders bonus.
Any ideas, if the capital reduction shuffle would have a positive impact on the sp.
Also could this not have been used to buy back shares in the company?
Would we not have another RNS to say Paulson have sold?
"We select the most attractive companies that maintain strong capital discipline from the many companies that distribute high dividends each year. Besides that, we have adopted a set of clear, unambiguous decision rules: every company is taken up at approximately the same weight and the dividend yield should exceed a certain minimum threshold, which stands at a minimum of 2.5% for our European strategy and a minimum of 3% for the global strategy. If the dividend yield falls below the threshold of 2.5% or 3%, respectively, the company will be sold."
Found this on kop's website. Interesting that they brought pfd which is not paying dividends yet. Good to see faith in Pfd with this new investor.