Premier Foods Share Discussion Threads

[shaker44] 10/7/2020 09:12

Still sitting there with 19.4%

[geckotheglorious] 10/7/2020 08:58

Wonder if the previous bidder will ever return?

[arshadte] 09/7/2020 18:00

Major turnaround is happening. Debt reducing, pension fund offload etc. Conservative estimate share is 1×sales which is 100p.
After the pension fund is sorted, this will rerate big time. All imo DYOR

[arshadte] 09/7/2020 17:47

Well over a pound and it won't stop there!

[geckotheglorious] 09/7/2020 17:18

Where is it going Arshat?

[arshadte] 09/7/2020 15:02

Nobody's taking my shares - I know where this is going!

[shaf200] 09/7/2020 12:21

WTF... we are down today...lol

[geckotheglorious] 09/7/2020 11:35

Getting tempted to sell myself....

[18bt] 08/7/2020 14:30

Annual report now out - should be worth a view

[prokartace] 08/7/2020 12:43

Just wondering when or if there is going to be a correction before the next step up. We are, after all looking at 430% increase in 3 months, not to mention a doubling of the pre-covid price

[cottlet] 08/7/2020 10:00

its looking so much like a rocket. when do we get the stick?

[qs99] 07/7/2020 15:46

hurrah! Looking forward to an upbeat next RNS and PFD moving through a quid

[prokartace] 07/7/2020 15:45

I'm in profit YAY!

[shaf200] 06/7/2020 11:14

Relentless

[qs99] 06/7/2020 08:21

haha, nice though! hehe.,...

So north of a quid in my view, so c.50% upside from here....AGM due in a few weeks based on last year may give us a new update to help kick shares along....? Let's see....GLA and DYOR

[netcurtains] 04/7/2020 08:51

Its official the entire nation spent lockdown eating Mr Kipling Cakes.

We are a seriously weird nation

[jimsyone] 03/7/2020 20:59

Premier Foods (LON:PFD) – broker ups target from 80p to 100p
I gather that Jefferies International have upped their price objective from 80p to 100p a share, quite a significant upwards re-rating.

[qs99] 26/6/2020 08:23

wow those directors buying is a good sign IMO....as a full range not just one or two

[shaker44] 25/6/2020 17:43

Stay on board and enjoy the ride imo

[daz1712] 25/6/2020 17:23

Looking at holding these for another year now, will be interesting to see price movement on sale of Hovis and any cash return to shareholders in the next 12 months. This could push the price over 80p for a longer term

[18bt] 25/6/2020 16:14

Mass buying of shares by the directors + some smaller exercise of options. Will reinforce confidence. c700,000 shares for £450k invested.

[sphere25] 25/6/2020 14:58

Wow, double again!

I was happy with yesterday's move and some consolidation here around 70 before a gradual move higher.

Sounds very bullish, but one step at a time. These brokers can't be relied on, price targets are always miles off the mark.

[3rd eye] 25/6/2020 14:31

PFD Premier Foods, carries on rise from yesterday.

Citywire today.......

Shore Capital says surging Premier Foods can double

Premier Foods (PFD), the maker of Mr Kipling cakes, has had a ‘transformational’ year thanks to coronavirus lockdown increasing demand, says Shore Capital.

Analyst Clive Black reiterated his ‘buy’ recommendation on the shares, which surged 14.9% to 68.5p yesterday.

He said the group had been ‘wandering around in zombie status for some years, burdened by overall indebtedness’ but underneath this ‘balance sheet millstone’ there has been ‘quite a good company seeking to show its true value for some time’

[prokartace] 25/6/2020 10:51

Here it is

Premier Foods (PFD), the maker of Mr Kipling cakes, has had a ‘transformational’ year thanks to coronavirus lockdown increasing demand, says Shore Capital.

Analyst Clive Black reiterated his ‘buy’ recommendation on the shares, which surged 14.9% to 68.5p yesterday.

He said the group had been ‘wandering around in zombie status for some years, burdened by overall indebtedness’ but underneath this ‘balance sheet millstone’ there has been ‘quite a good company seeking to show its true value for some time’.

Black said the group’s current position can ‘drive the re-rating much further still’.

‘We believe that Premier’s shares, which we placed on the “buy” roster on 1 April, have the scope to double again,’ he said.

[qs99] 25/6/2020 10:16

Great, I'll take a £1.20 TP! Thanks for posting link to Citywire