The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Shares Magazine has an article on PFD suggesting it could be a takeover target.
Sorry, but I don't have a link
Just been looking back over the previous share price historically and I noted that 10 years ago today on the 27/5/2011 the SP was 212.78p.
We still have a long way to go at the current price of 112.2p however the fundamentals have now changed and this instils me with confidence.
Sitting tight. Looking forward to my dividend!!
I'm sitting tight. The Institutions haven't come in yet but I am expecting them to do so. A couple of RNS's and we can push on. I would also like to hear from HSBC as to their thoughts.
£8M saved per year
IMO Results were good. The trend of the SP is upwards. 1p dividend is a great start. Lower financing arrangements to come. Not unexpected that PI's have moved out but I would be surprised if they have made much profits over the last 6 months.
I am a holder as where else do I put my hard earned monies? Growing internationally, lower debt, Pension fund deficit reduced. All good news.
There will be peaks and there will be troughs however the trend is your friend and if you look at the longer term charts then SP has a way to go to catch up.
Good luck all and remember it's only money :)
CWK results out today 12%+ revenue SP up nearly 5%. Just for info
A profit is a profit. Well done!. For me the market is always a gamble. The trend is up though and the company is in a much stronger position than last year. Tomorrow will be interesting so say the least, It's always a difficult decision whether to stay or go and I feel the longer term trend is positive however for the short term we need something good tomorrow. It would have been nice to see 108-110p today as that could have absorbed some losses tomorrow if that happens. Where we are now we could be heading 110P+ or 90P+. DYOR and all that but you have to take a gamble somewhere. Well long here so hoping for the best short term.
Just having my second Apple and Blackcurrant Pie with a cuppa. my favourites by far. (Almond slices next). My local stockists all have decent size Mr Kipling displays so they must be selling well.
The MM's have been all over this share over the last 6 months (IMO) and now that Paulson is out I believe we can move higher. I am nervous about the results as historically the SP has fallen (sometimes substantially) but not long to go. A dividend would be nice and, now that we have a new corporate investor, would seem likely.
Long term holder who just keeps on topping up.
2 weeks today
Maybe. maybe. I would like to see it holding above £1 though. I am a holder until results day.
Topped up again as looking forward to strong results with a future dividend and expanding into overseas markets. The ternd is your friend. What's not to like?
Looks like it was around 1 year ago that the SP started to rise so hopefully that bears well for the next few weeks.
Topped up again. Been bouncing off 100p so looking forward to exceedingly good results and a push to 120p
I would suggest that is am important step and can only support the price.
Having looked at this again and currently sitting on a loss, I have decided to top up as the chart is showing the climb back to and beyond 110p. The fundamentals are very strong with debt paydown and earnings growth. Potential dividend also in the future. Results out shortly and should be very good. Also, expanding into US.
All in all, lots of positive reasons for an increase in the SP to 130p plus within the next few months.
Downside, not a lot. Ok, coming out of lockdown but PFD will emerge as a strong and growing company.
Just my view DYOR
Another positive story
From Yahoo Finance 1/12/2020.. DYOR as usual
Premier Foods (LSE: PFD) has been a challenging investment to hold over the past two years. However, over the past 12-months, the corporation has seen a surge in demand for its products.
This has produced some much-needed cash flow for the company, which has allowed it to reduce debt and reduced its pension obligations. Now, the business looks well-placed to grow for the next few years.
I think 2021 could see a significant re-rating for the stock, which has commanded somewhat of an uncertainty discount over the past few years. Profits are expected to hit nearly £90m in 2021. That’s the highest level since the financial crisis. Despite this, the shares continue to trade at a discount of around 50% to their market average.
On top of this, the market doesn’t seem to me to truly appreciate Premier’s long-term growth potential. Similar businesses in the US are trading at significantly higher valuations, which suggests to me the stock could double or triple in the near term.
Been in , been out but back in for a very large Bundle. Looks to be on the move. Good luck all.