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Premier Foods Share Discussion Threads
Showing 21951 to 21975 of 21975 messages
|- except that Tesco predictably stuffed the empty shelf space with its ownbrand alternatives. And shipped those as 'nearest' for online customers with orders already placed.|
|- except that Tesco predictably stuffed the empty shelf space with its ownbrand alternatives.|
|Could be less choice on the shelves at Tesco and possibly other retailers if the Unilever spat takes hold - knorr,bovril,pot noodle etc.|
|Penny's hare- plenty of gravy so!|
|Any views on the possibility of a takeover bid returning before very long?|
|They generally make around 60% of revenues between now and xmas. They say we are in for an exceptionally cold winter this year, so no more excuses...|
If it was warm weather,that effected the selling of Veg,More salad items would be the answer,Bwtfdik.|
|Responsibility for turning down the bid earlier this year must rest with the Board not the management. In the light of today's pathetic excuses about the weather, the decision to block the offer in connivance with Nissin is very regrettable.|
|isis - your "bisto lollies' jest is not far from something that the company ought to be doing. Not making gravy flavoured lollies - but ensuring that they have a range of products that compensate each other whatever the weather. Like the icecream salesman who also runs a brolly stall from the other side of his van, capitalising on whatever the weather does.|
|Well they're not lying about the weather and figures will be inline.
A bumper Xmas is needed to keep the faith. Would'nt be surprised to see another bid at some point.|
|Another lousy update from this company which never fails to disappoint.
If not for the recent bid interest the share price would be down at 25p. I would suggest current holders might consider capitalising on this disparity, as I can see nothing to drive the share price forward in the medium term.
I very much doubt that McCormick or anyone else will be back to bid for this, with declining sales and a still huge debt|
|To be fair that was the hottest September I can remember.
Bisto Lollies anyone?|
|The selfish muppet management here blaming the weather for some grocery sales! Hilarious!
Management want shooting for declining the bid. More value destruction to come from the morons in charge here.
|Some of the 'cost controls' that the company refers to include modifying recipes to include cheaper ingredients. That itself is perfectly reasonable, as long as the alterations don't undermine the quality of the product. Unfortunately I think they have done just that in some lines. The previous owners of these brands will have known that to remain competitive they will have had to do the same and the appeal of the products will have dwindled. That's why they sold them off to Premier in the first place. They saw the writing on the wall. That and the recognition that the advertising needed to maintain awareness of these once-famous brands was becoming prohibitive in the face of better and better substitutes offered by others.
The whole concept - the Premier Foods business model - buying up famous brands that canny owners no longer regarded as viable - was doomed from the outset. Everything that the company has tried to do has merely been to try and counter that basic truth.
The chairman's announcement a fortnight ago that he is leaving has avoided saying so after these trading figures appeared.|
|From a chart perspective it's bounced nicely off the 200 day SMA. Only thing to be concerned about is if the shorter brigade decide to attack as there is a gap at 38.25p to fill from the 28th June.|
|gRABSTER. COMPLETELY AGREE.
However, this company is getting riper by the day for another bid and I have today repurchased this stock, which I sold at 104p many moons ago, in anticipation of a bid. I will not wait for completion before selling again.|
|Good time to pile in - can't see this going any lower (famous last words).|
|Actually bought Bisto Best and Oxo's this week too! What more can one do!|
|I more or less eat the same food all year round so not affected by weather!
This could make a bid more likely though.|
|scemer - no, of course not. My point was that such variations in weather are a normal part of this company's planning, or should be. Some months are warmer than average, some are colder than average. They don't need to be wizards to know that! Reaching for weather as an excuse is feeble. But convenient of course.|
|Grabster when it's warm do you have lots of hearty meals? They are not wizards you know.yes we all want the share price up but this company has come a long way|
|So they say. Dare not say otherwise. But watch for a changed view from them in their next update...|
|Full year unchanged though?|
|Clearly the update details did leak yesterday and the day before.
Companies who resort to blaming the weather for their poor performance never impress me. Especially as they rarely credit the weather when performance improves (credit for improvements is claimed by the management).
We get some kind of weather every day - and we get exceptionally good or bad months of weather every year. A company whose sales are so easily affected by fluctuations in weather should be capable of accepting that and planning accordingly, not reaching for it when excuses are wanted.|
|With the weak pound hopefully someone's looking in.
Outlook unchanged so not so bad.|