Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Premier Foods Plc | LSE:PFD | London | Ordinary Share | GB00B7N0K053 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.20 | -0.11% | 175.80 | 175.40 | 176.00 | 179.00 | 175.80 | 179.00 | 13,638 | 08:37:40 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Food Preparations, Nec | 1.14B | 112.5M | 0.1295 | 13.59 | 1.53B |
Date | Subject | Author | Discuss |
---|---|---|---|
06/1/2021 12:40 | I've just voted for the proposal to approve a capital reduction. - This is recommended by the Board. Proposal is to use the £1,409.8m positive balance in the Company's share premium account and transfer to the P+L account. This will eliminate the P+L deficit, creating additional distributable reserves for the company. There is no dilution in the number of shares or any new shares to be issued. As the share premium account is an "undistributable reserve", the purposes for which it can be used are extremely restricted hence the need for a vote. The vote requires 75% of All shares held to vote for the proposal to get it passed. SO EVERY VOTE COUNTS!!! The deadline for this vote is SAT 9 JAN AT 11AM Gen Meeting to review results / proposal is on Monday 11 Jan and if vote succeeds, PFD will need to prove to the courts that there is no increased risk for creditors etc. A court hearing is pencilled in for 9 Feb. Personally I'm happy for this change, hence my vote. PFD have made major strides in improving results and in particular reducing debt in last year and this next step, can only be the right thing to do IMO to get share re-rated and potential for dividend.... Rich | lammylover | |
05/1/2021 07:23 | Paulson NED stepping down is a further step to the normalisation of this company. Presumably there may be further reductions in their holdings which is still disclosable. Lockdown until March should enable further strong trading for the end of this current FY. Free cash flow should keep increasing now allowing greater flexibility in capex and resumption of dividends whilst still paying down debt. Needs a further catalyst for re-rating like the pension buy-out mooted. | 18bt | |
18/12/2020 15:59 | Nice bonus before the weekend. Surprising what the promise of a dividend will do! | prokartace | |
15/12/2020 19:06 | Wow, volume of 37.5m reported at the close | texaspete2 | |
14/12/2020 07:13 | Another step on the way to paying a dividend. Seems to signal that is their clear intention. | 18bt | |
08/12/2020 10:31 | Kantar reports 11.3 per cent year-on-year growth in the 12 weeks to Nov 29th, and 13.9 per cent growth last month alone. November turned out to be the biggest month ever for the UK supermarkets. Even with a vaccine(s) I don't think this trend is reversing very quickly | 18bt | |
05/12/2020 15:36 | The very large non exec share sale from earlier this year, was that a complete exit?, thanks. | essentialinvestor | |
04/12/2020 09:38 | Q3 results due out on the 19th January. Share price is primed to move up back to 110p (year high price following HY results to end Sept) We know that the winter months are always PFDs best due to the product mix, seasonal mince pies etc. This year will be best ever with the lockdown in November / December and people still working from home; pubs / restaurants locked etc. A strong buy currently at 88p for 25% upside for swing traders to 110p or more likely 35% upside for investors looking for 120p+ as debt is further reduced and profit margins improve. Good luck all holders! | lammylover | |
01/12/2020 07:35 | Every cloud has a silver lining... ...perhaps for PFD Pandemic expected to deliver £60bn boost to pension funds | shanklin | |
16/11/2020 14:54 | yes loony. | sr2day | |
16/11/2020 14:27 | 70P looming? | aussiedonnie | |
13/11/2020 07:24 | PFD interims just loaded on to Stockopedia. Stock rating up from 94 to 99 with Quality 73, Value 90, Momentum 98 | shanklin | |
10/11/2020 23:01 | I class this as a consumer defensive. If anything COVID is likely to be a positive thing as life has changed and many of the things we do now are likely to remain going forward. The growth overseas is very interesting. For me its all about the turn around in the company finances, debt reducing by a lot, likely debt refinancing, pension liability offload - the company will look very different in a years time in my view. I dont tend to invest in consumer defensives as the risk/reward is generally lower but this is a different case. Profit taking now will help a sustained rise in the future...happy to be on this journey north! | montyville2 | |
10/11/2020 20:59 | The only other reasoning i have for today's fall, is that some may have classed this as a covid stock ( benefit of ). So, with a proposed vaccine shortly, some may deem growth to fall here | johndoe23 | |
10/11/2020 16:33 | ATs walked price down and drove over a cliff to below 90p (down 13% at one point) I expect lots of big buys "declared" after 1535 (not UT!) Ridiculous day on results ahead of expectations... Hopefully some sense will prevail tomorrow Rich | lammylover | |
10/11/2020 16:33 | ATs walked price down and drove over a cliff to below 90p (down 13% at one point) I expect lots of big buys "declared" after 1535 (not UT!) Ridiculous day on results ahead of expectations... Hopefully some sense will prevail tomorrow Rich | lammylover | |
10/11/2020 16:18 | Thats a poor performance today | prokartace | |
10/11/2020 15:13 | Odd reaction - but seems to be recycling from out-performers over COVID going on. Beginning to look a bargain again. | 18bt | |
10/11/2020 14:39 | didnt they say ahead of expectations? i thought peple would be adding? an i missing something? | ali47fish | |
10/11/2020 14:08 | Buy on rumour, sell on news!Excellent results though, don't hold but looking for an in... | johndoe23 | |
10/11/2020 12:58 | Share price only 6% down currently, goodness knows what market would have done if the results had had been poor! Rich | lammylover | |
10/11/2020 10:59 | Seeing the inevitable profit taking from short term holders but the long term looks very promising! Happy to hold | montyville2 | |
10/11/2020 09:36 | Other presentation take-aways Interstingly it is Grocery brands rather than Mr Kipling which has driven the growth in sales and margin. They are relatively relaxed about BREXIT Pension schemes: it is a massive change in the dscount rate from 2.5% to 1.55% which is the main factor in the reduction of the surplus - but it is still a big surplus. Annualised interest saving is c£7m in past 12 months - £6m is FRN redemption International strategy is creating a growth opportunity - Ireland revenue growth 21%. Also growing in Aus and Mr Kipling cake test in Canada - 300 stores. Quite impressive innovation agenda targeting vegan trends, reduced salt and sugar. 3 slides on ESG to pick up the zeit geist. | 18bt | |
10/11/2020 09:08 | Dividends: they have put into the presentation: "capital reduction exercise to provide flexibilty for potential future shareholder distributions" | 18bt | |
10/11/2020 08:09 | Cracking results, a significant paying off of debt. Congrats to all holders... | geckotheglorious |
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