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PFL Premier Farnell

185.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Premier Farnell Investors - PFL

Premier Farnell Investors - PFL

Share Name Share Symbol Market Stock Type
Premier Farnell PFL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 185.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
185.00 185.00
more quote information »

Top Investor Posts

Top Posts
Posted at 25/3/2016 23:41 by simon templar qc
garycook,

Think u are right on share price falling. What investors need to do is look at forecast earnings now excluding disposal and forecast dividend.

I haven't had time to do the research albeit fairly sure earnings will continue to suffer in a difficult market.

The report contained too much uncertainty for my liking.

edit:

Company has also indicated it will rebase its dividend to 1.5 or 2 times earnings that suggests to me further cuts to come. I base that on reduced eps per share dependant which figure they are using.
Posted at 22/3/2016 02:47 by garycook
Market does not like the future outlook.Any investors have any views on PFL,at the moment ?
Posted at 07/3/2016 09:20 by kemche
ST, I am very pleased for all shareholders in APC for the sales increase in their distribution business announced this morning.
I have absolutely no idea what the sales forecasts are here unfortunately. What I can say with certainty is that I have taken out my original sum here and riding the profit in my SIPP.
I am aware that you are a professional investor and I wish you luck. I am merely an amateur trader who is more than happy to make a turn if it is available.
Posted at 03/3/2016 23:41 by kemche
Eastbourne, he is a High Net Worth Professional investor don't you know!
Posted at 06/2/2016 18:35 by simon templar qc
Food for though from Royston Wild yahoo, which concurs with my view including dividend cut, view is earnings will fall about 18% and macro economics etc...

Divestment news drives shares skywards

"Electronics manufacturer Premier Farnell (LSE: PFL) also made the headlines after announcing the sale of its firefighting and emergency response unit Akron Brass for $224.2m. News of the divestment sent shares 6.6% higher from Thursday's close.

In other news, Premier Farnell also advised that profits for the year to January 2016 should fall within its previous guidance of £73m to £77m.

The divestment of Akron Brass will allow Premier Farnell to "pursue growth opportunities within the core electronics distribution business," it said, not to mention boosting profitability in the current period and cutting its debt pile.

The number crunchers expect earnings to fall 18% in the year to January 2016, while a hefty dividend cut from 10.4p per share to 6.2p is currently pencilled-in.

But a 3% earnings bounceback is predicted for the current period, leaving the business dealing on a mega-cheap P/E rating of 8.7 times. And another estimated 6.2p dividend creates a bumper 6% yield.

However, as sales continue to deteriorate badly across its core European and North American markets, I believe investors should be cautious concerning current forecasts before piling into what is, conventionally-speaking, an ultra-cheap stock. I reckon Premier Farnell could be set to endure further travails as macroeconomic turbulence worsens."
Posted at 05/11/2015 14:58 by my retirement fund
They cant even get their financial calender right on their corporate webt site:
Posted at 16/10/2015 19:18 by simon templar qc
Similar views but lets face it the share rose more than 5% on a rumour and its not the first time its been suggested the ECM and PFL could merge. I suspect the market makers priced up on the rumour and now its faded priced down.

I suppose the reality is the world economy is still struggling and if there was any truth in a tie up the company had a duty to issue a RNS. That isn't to say they will never tie up but investors are ever so fickle.

The world economy is still struggling at the moment with consumers pockets held tight.
Posted at 23/9/2015 14:20 by simon templar qc
I thought the price would pick up once the US opened considerable UK equities are owned by the US investors.
Posted at 23/7/2015 09:13 by kiwi2007
Have been watching and

was a decent trading statement.

plus GO's involvement seems positive

the only negative I came across was a reference to Amazon business (?) possibly affecting trading in the USA.? (or did I dream that as I can't find the reference).

Anyway, foot in the water time.
Posted at 10/12/2008 15:11 by hy3nas4
ft.com coment

DECEMBER 11
● Plans for extended Christmas shutdowns by manufacturers and a worsening economic prognosis for the new year could prompt caution over the trading prospects for Premier Farnell, the electrical and industrial parts distributor, when it reports third-quarter results, writes Michael Kavanagh.


The Leeds-based company, in spite of fears of slowing sales, can expect to benefit further from currency translation gains because of its strong exposure to the US and eurozone economies.

The company, which stocks 400,000 products and offers to source 4m products for its worldwide customer base, made pre-tax profits of £70m on sales of £733m.

Investors will be looking for progress at the three-quarter stage towards meeting analysts' consensus target of about £77m for the full year – which has not been significantly trimmed over the past three months.

But, with customers preparing to cut production and jobs, Premier Farnell is likely to be considering its own belt-tightening moves.

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