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Im staying because the business has set everything up to pay a dividend. Also, i like the company and its products. I dont work in the business , but i can see the debt payoff and potential profits and expansion. Also, people eat food no matter what. Its a takeover target, its making more profits, it could buy or expand its own products, and is ready for a dividend. Could be a private equity target. Capital growth and a dividend on the way. Will hold out
It does look like someone wants to buy, and paulson will only sell at the higher price. Gives me a sense of optimism that this has some way to go. Nwg profits are up79% and the price was down 3% earlier so heck knows where we will end up. Not 70p though
I was quite surprised that the opinion is Paulson will sell there remaining shares down to 70p when they had an apportunity to do this for 6 months, on the basis of an upcoming dividend, pension sorted and further pay diwn of debt. Understand there sells at £1 and 97p, after 12 to 13 years of investment the bail now. Profut taking , yes. The share went to 87p a few weeks ago, dont see it getting there myself, or 70p. Understand the buy low , sell high, but not sure that this one.
It must be something they are considering. I still think this is whats holding the price, insitutional investors want an income, not just capital growth. Debt has always been the issue but look at us now. Its been something that the business has aimed to deliver for shareholders for a while. Will they announce one at results or before, could be anytime. The staff bonus was a nice touch, will the share holders be next, i like to think so.
Paulson have been in as long as me, god thats a long time, but i know we had a consolidation of shares , but i havent paid more than 44p ish from memory. I wouldnt have tgoughr they are loosing anything at current prices, just taking profits. They.increased their stake to take on Gavin.
All depends on what the update is on results day. The january update saw an increase in share price on the anticipation of a dividend. We have pay diwn of debt abd the ability to pay a dividend, and a strong increase in profits due to the reduction in high interest payments on the debt we have. I dont see it being next year for the share to increase, i think it will come much sooner as they have made changes to release funds. We should see an increase in sales due to lock down and although it may reduce sales from their peak, innovation and new products, and the new working from home culture should benefit us. Dividend would see the price burst and institutional buyers whe rely on an income stream, not just share price movement. Steady as she goes.i think, but PFD must have some plans, why wouldnt they ?
Gavins new business looks very similar to PFD and is up for sale. Kerry looks like its selling brands. We are getting ourself in a much stronger position that before. Would be interesting if PFD put in an RBS style take over of Valeo, buying a larger competitor.... wait, thats not the best example to use with RBS. PFD are turning that corner though.do we want debt, or cash and share takeover offer maybe, more share than cash.
Hope we break through the £1 mark today.Seems to be low volume today. Anyone understand how the short works. Is it time limited ? It looks like the price has risen sinve it was put in place quite significantly, so they are hoping for a decrease back to 89-87. Just dont see it myself.
Ive been lucky :-) over the years, bought PFD at 24p, but the majority in the 40s abd some at 102. Tw at 25p and sold at 50, look at it now and HSBC at 334 and sold at 500 ish. Missed cine, but still think we have more to come with PFD. Ont know enough about BOO to want to invest, maybe i need to do some research. 20 to 30% to come ith PFD. Kall will say its not about the share price, its the business's fundementals. Hand in hand for me, and will take some profit at 20 to 30% up on current price. I know as soon as i sell, the price will boom. Europes covid issues makes me feel the boom for covid recivery maybe delayed. Brewers, pubs, restaurant, leasure and travel who knows. Summer or autum bounce, or are we already in it ??
I get the point if expecting the jump sooner, the reduction in interest costs and pay off of debt, as Kall says the compound impact of this on the bottom line, will surely impact the business in the long term. A solid, long term growth, even though analysts predict reduced profits after lock down, the noose round the neck was debt. Savings in interest so far have been 9.5 million, this will continue after lickdown, and we pay 6% plus on the remining 300 million. We have the ability to pay off more debt, and pay a dividend.reduce interest paid, We are a takeover target now. Nissin are in bed with us. We potentially have increased profits over the last 4 month lock down reporting period to come. Future is very positive to me. I will sell some, but i think i will stay in here for a lot longer. Its been 10 uears in and out already.never a dull moment.
To give any idea of how things havenchanged for me, my exit price was 55p. Its changed many times. I dont think i will ever leave. There are so many twists and turns to come i am sure. Can you imagine the price when we refinance on a decent interest rate. Lock down has provided a nice lift, but we were already having month after month of growth. When they pay a dividend, i will never leave :-) take over offer would be nice, but would really need to be £1.80 - £2.