Premier Foods Share Discussion Threads

[18bt] 19/5/2021 10:33

Great set of resultsquite a beat on PTP and speed and amount of dividend reinstatement. They are saying they will confirm forecasts following bond refi. Need to study the pension piece a little more to understand. Will listen to analysts meeting recording later when available.

I seem to remember someone saying these should be 50p only a month or two ago.

[cravencottage] 19/5/2021 07:23

Dividend re-instatement after 13 years...Wow..

Hopefully giving share price some nice traction..

;-)

[ali47fish] 18/5/2021 16:32

thanks 18bt

[18bt] 18/5/2021 12:50

Other than how consumers are reacting to the easing of lockdown:
- News on the pension scheme merger and timescales to a de-risking deal
- Some feeling on whether the expensive debt can be re-financed
- So the timescale for when a dividend can resume
Note that it is a 53 week trading period, but mkt forecasts seem to be:
Turnover £929.9m
EBITDA £168.4m
PTP £103m
EPS 9.9p
all normalised

[ali47fish] 18/5/2021 12:43

what poeple here are expecting from update tomorrow

[18bt] 11/5/2021 07:22

Seems to be as previous notified stake = NIL

[ianguerin] 11/5/2021 07:17

Is Kempen Capital Management a new holder, taking just over 5% ?

[cravencottage] 06/5/2021 07:13

Results due on Weds 19th May.

Shame I can't buy any PFD @50p ;-0

[18bt] 16/4/2021 13:35

Why on earth would it drop to 50p - they could be waiting a long time...

[chickndinner] 16/4/2021 12:36

Very quiet here. I think everyone is waiting for it to drop to 50p to buy in.

[chickndinner] 15/4/2021 15:47

Way overbought IMO

[chickndinner] 15/4/2021 15:45

Will buy back in when 50p. What say you Kalu?

[cottlet] 12/4/2021 12:56

Somebody must be selling every time it get near to £1...………..

[qs99] 06/4/2021 08:06

interesting 5%+ open?

[18bt] 31/3/2021 07:29

Personally, I would wait until further pension scheme news comes through. There are various possible announcements which could be a catalyst for a further rise, but suspect the very short term will be dominated by post lockdown spending - veryone seems to assume the pandemic is over and that pre-pandemic eating out will return in spades.

[cottlet] 30/3/2021 18:33

I was wondering why PFD cant get over £1 quite frustrating!
shall I quit or wait longer???

[shanklin] 26/3/2021 12:25

Just noticed this article posted on the WIN board; another company with a large pension scheme

"Covid boost for pension funds"



It suggest Covid will cause "a reduction in the liabilities of defined benefit schemes of as much as 1.5 per cent to 3.5 per cent"

[18bt] 18/3/2021 10:53

PFD has been trying to break above 100p for nearly 6 months now, but has formed a strong base around 85p and tried a few times to hold over 100p. It appears to be having another go and the 200 day MA has turned upward. I'm no chartist, but this seems to be primed for another move upwards on any positive news and there are a few catalysts coming in the next couple of months.

[phlegm] 12/3/2021 14:33

The hardest part is getting the cash off iti capital ffs

[phlegm] 12/3/2021 14:31

Selling at 1.10,happy holidays

[qs99] 12/3/2021 13:50

Unusual moves. Wonder whether with the good performance, debt being paid down, if p/e vultures are circling? End of week 5% spike after a few days of rises.....any views anyone?

DYOR
Cheers
QS99

[shanklin] 22/2/2021 11:56

Or somebody getting over-excited about the easing of lockdown on PFD?

Really cannot see the fundamentals of the business, with such huge cash flow, being blown out of the water by that.

[qs99] 22/2/2021 11:48

Hurt by FIF RNS? Odd as slightly different markets no?

DYOR

[qs99] 22/2/2021 11:47

Looks a little overdone no?