The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
The previous issue with the pension was that they had 3 seperate schemes. All ring fenced. 1 in defecit, ine in profit. So the.liavilty of the defecit has been consolidated with the profit.of the other, so the liability has gone, and overall cost reduced to maintain all 3. Its also being sold off and mananged by an insurance company. So they dont have to top up a large deficit and its not a liabilty on a balance sheet. Thats how i read it. Its more than an annual cost, its a.massive liability taken away, hence the share price increase.
Seen lots of things over the years, a zombie company funding a pension, was allvi read. The pension is sorted and we are reducing debt. By sorted , its handeled by another company and the liabilities are reduced. This has to be the start of 45p being the base. 55p soon, we should break the magical 50p.i know a divident will reduce funds in the business but this will surely increase share price. They need to continue sales growth and product expansion, but tgis seems to be on track, so, bring on results day !
Im happy with the daily rise, but i was here for the takeover rise and fall and we were in a worse state than today. I no longer think that £1 is unreal any more. If we get a dividend payment and bumper profits at results who knows. Then a promotion in the FTSE as others are falling. Happy days.for us that is.
I didnt see the post as deramping. Quite neutral, said that the pension liability would have no impact on a takeover. I think people realise that the foods sales will have rocketed,.and will continue to. Bring on tomorrow, back to where it was before covid......should really be higher though
A previous poster put that the pension issue was around 5-7 billion. That sounds like something that would.put.a.company off a takeover. But when you look.at the last time they disclosed this they had assets of 5.6 billion and liabilities of 5 billion. There has been a market crash, so this will have decreased the assets, but by how.much ?
Just seen an article on the BBC website around the change in shopping habits. There has been a decrease in people buying fresh food and miving to ince a week, ling lasting productd. PFD should benefit from this surely. The mad buying the end of march wont make much of an impact on year end, but this must make a difference to our SP soon. May seems such a long way off, but the market still thinks we are worth 26p. It was late 30's to 40's when we had the prospect of a dividend. I have no idea how this will impact a dividend when march was the date for us meeting the requirements of paying one. Any ideas ? Is it pension ?
I've thought the same as others on here. I thought PFD would do well out of anterri lensituation. People won't be going out as much and stocking up on bachelors, sharwoods, homepride and potentially cakes. So more demand as people will stock up, and not be eating out. So no.idea why the stock fell so far, then again good rise friday, but no where near the 40 we had a few weeks ago. Didnt pfd say they would be looking at a potential dividend if they reach there target, which was going to be achieved by.march.
I can see the potential on Friday, all depends on the review. Will Nissin buy batchelors, will a brand be sold at a good price, or will we have reached the point that a dividend can be paid. All good from what I can see. Some big trades though.
I'm a hold, but will buy more. They have said what they plan to do, sell up or split up, they have an agency looking at all the options. It's anyone's guess how much they will get. Kipling must be worth the most, and we know that the company was wanted a few years back.
Has someone got some money on this price falling then?
Is that really a 3,500,000 share buy today.
The mail recommended a buy on this share , wouldnt it be nice if best buy came in with a nice offer, they are having trouble with the name in europe, so I hope they buy DSGI name, then we will have a 35p - 40p share , Think I maybe dreaming a little.