Member Info for StyxFan

Share price going up this morning. ;-)

for not achieving results and share price - see post below. PFD moving forwards again - onwards and upwards. Retro bods should move on. McCormick's offer totally derisory when Rights Issue mean price was 81p. Rights issue was fully taken up. Gavin Derby is still in his job because the Major Shareholders who really count still have some faith and trust in him. The way PFD behaves it could be 63p next week - it's a volatile and unpredictable stock.

PFD

Maybe Institutional Purchasers are starting to analyse the underlying picture at PDF?

Hands up! Anyone who believes that Broker information or recommendations regarding Premier Foods are (and have been) accurate and reliable - lo! Just look at their record - Inconsistently and wildly wrong over many years. They're not in existence for PI's benefit. Am I incorrect but isn't this new bond replacing one of the existing ones - I'm sure this was mentioned by Gav or Al at the briefing.

has finally dropped on Advertising. Appropriation for next year similar to 2016/2017 but focused on Quarter 3 to achieve maximum impact. That means we will not see Cup A Soup advertised during The Summer - lol! TV advertising is very expensive - they should try other Media like Bus Shelter Hoardings. PFD needs more bangs for its bucks from its advertising spend - I think that The Agencies employed have had things very easy.

to be a cogent plan moving forward both commercially and organizationally. The Company is not in total disarray as some on this board would suggest. Shame about the job losses but will help reduce costs overall (May be a bidder lurking who has requested that PFD do this job for them prior to a bid). Chairman has not been replaced. It is my view that all the unsavoury news has been factored into the SP prior to results (good news has not fully been reflected) and that the share price is only going to be travelling one way. But hey ho! What do I know? DYO and Good Luck!

Would recommend viewing it if you haven't done so. My disappointment is that overall Sales are down rather than up. We were aware of the profit deficiency due to inflationary raw cost increases post the Brexit vote. Sluggish sales are down to deflationary price cutting in the Sector forced through by The Majors to combat the Discount Sector (this should alleviate a little now IMO). According to GD PFD has held it's own compared with many other Food Companies. Anyway this is all history I hope. GD stated that the first 6 weeks Sales in the new year have started well. Fantastic new and stable contract base with Mondelez to drive cake sales forward home and abroad. Nissin arrangement now bearing fruit for Batchelors with new Super Noodles in a pot doing well with pasta in a pot products following through soon plus distribution of Nissin branded noodle products. Export Sales should be better by now but they are on an upward trend and gaining traction. Pension liabilities have been moderated and albeit by a small amount debt is down again.

I've been employed in The Packaging Industry for over 30 years. I've just purchased more shares in Macfarlane. Would expect market conditions to gradually improve over the next 2/3 years and margins to firm up. Packaging Companies' performances are often a good bell weather for the economy. Macfarlane is a top brand in the Packaging World although in my opinion shouldn't have lost it's original brand name Abbotts. May be a possible takeover target at some stage - made a real faux pas a few years ago trying to take over British Polythene Industries.