Premier Foods Share Discussion Threads

[leadersoffice] 07/3/2024 07:22

Think I bought those around one pound 20 and will continue to hold.

[evianone] 07/3/2024 07:09

Further good news this morning shows signs of confidence going forward

[evianone] 06/3/2024 07:28

That's good news about the pension should be positive for the share price

[18bt] 06/3/2024 07:27

Nice incremental announcement - cash flow for 2025 is going to leap. Debt was already being paid down quickly. I wonder whether this opens up the possibility of a bigger acquisition, which can now be debt funded.

[qs99] 24/1/2024 08:12

yes the pension bit was disappointing, but points to material upside at least within 3 years (if not sooner if they can pull their respective fingers out)

M&A, yield, great positioning, solid market place, nice place to be IMO.DYOR

[18bt] 23/1/2024 08:44

Looks in pretty rude health. Slightly disappointed that the pensions schemes will only be sorted out within 3 years. Substnatial amount of additional value to be unlocked there. Forward PER of just over 10x and plenty of room for debt financed acquisitions to add further value.

[martywidget] 23/1/2024 08:13

'Biggest ever Christmas, significant market share gains'

[qs99] 23/1/2024 07:10

Cracking TU IMO....DYOR

[qs99] 18/1/2024 14:21

Ticking up v. nicely ahead of a TU....DYOR

[qs99] 18/1/2024 12:44

Agreed, bought a few more today, hoping for a v. +ve update, let's see! DYOR

[estienne] 18/1/2024 11:32

Very rash to move out of Premier foods just now

[18bt] 18/1/2024 10:54

Blackhorse - are you going to post that on every food or retail Board? Just ramping

[qs99] 18/1/2024 10:43

personally I reckon TU will be early next week, it was 19/1 last year DYOR...

[blackhorse23] 12/1/2024 08:06

Money moved to GNC

[qs99] 27/12/2023 11:39

Personally I think PFD should give a positive trading update in JAn and have bought in ahead of that DYOR

[18bt] 23/11/2023 12:10

PFD is a possible beneficiary of the Autumn Statement as the authorised surplus payments charge on pensions surplus will reduce from 35% to 25% from 6 April 2024. PFD's plans are still to merge the 2 schemes, but there is still a combined surplus of £494m at 30/9/2023 under accounting standards or £100m on a buyout valuation basis.

[18bt] 16/11/2023 07:05

Cracking set of results and full year upgrade

[18bt] 09/11/2023 16:59

Results due out on 16/11

[davebowler] 09/11/2023 16:11

Quite a rise!

[18bt] 30/10/2023 17:01

Had a quick scout around “local” branches of the big supermarket chains in the City where there are a lot of people shopping for breakfast on the move. Fuel10k quite well represented, but I was amazed at what a crowded sector it has become. Or perhaps put another way, ripe for consolidation.

[18bt] 30/10/2023 07:39

SP has been drifting, so nice to see what looks at first sight a sensible acquisition, though very little financial information. Useful info on Group cash generation was about it financially other than the headline price. Potentially high liability for deferred consideration, though presumably highly geared to performance.

[isis] 22/9/2023 14:03

Mr kiplings prices are laughable 2.75 for Vienesse Whirls in Asda's!

[lorse] 22/9/2023 13:42

Tesco's cooking sauces 500G @ £1.20 3 for 2 with a Clubcard are bound to put some pressure on Premier Food's Sharwoods' sauces at their current inflated prices, which are 3 x higher per 100g.

[lorse] 07/9/2023 20:24

Sharwood's curry sauces are up in price 3-fold this year. Unsustainable against the own-label brands, unless they're producing them as well.