Produce Share Discussion Threads

[battlebus2] 28/9/2017 21:24

Yes, i'm glad in a way we stick to bolt on acquisitions , debt needs reducing first imv.
Should see a better 2018...

[topvest] 28/9/2017 21:22

Looks ok. Seem to have reverted back to their old strategy. You always get the feeling that its a fairly argumentative board room table here!

[catsick] 28/9/2017 07:16

Results surprisingly good, eps 22p and div increased, makes the half year result really look like it was a kitchen sinking exercise....

[battlebus2] 17/9/2017 11:55

Waiting patiently for developments on the new acquire and build policy while in the meantime I'm expecting the current business to be ticking along and able to continue with that sizeable dividend. The debt position will of course be of interest given the new policy and how any purchase might be funded.

[catsick] 17/9/2017 11:27

Results due soon, will be interesting to see what is going on, high spud prices were bad and now we have low prices again, will it be good or bad ? And what about this big deal that was brewing ? Very quiet here ....

[battlebus2] 09/6/2017 08:48

Interesting appointments this morning with a rep from Jerry Zucker on the board and ex chairman and major holder back on the board

[battlebus2] 06/5/2017 14:56

Indeed just a little patience needed.

[topvest] 06/5/2017 14:50

Quite a few director buys of late. This is shaping up for a full recovery in the share price and maybe an accretive deal later in the year. Its taken a while and I probably bought a little early after the profit warning, but its now coming good at last.

[battlebus2] 06/5/2017 10:44

Thankfully yes, are you invested here ATM or in stocks in general?

[chizgreen68] 06/5/2017 09:58

Very well thanks. And you?

[battlebus2] 06/5/2017 08:14

Hi Chiz hope your keeping well?

[chizgreen68] 06/5/2017 01:47

Hi BBUS been a while!

[gucci] 05/5/2017 11:50

chart looks set to go

[catsick] 05/5/2017 02:19

Yes another chunk with his own money, I am very annoyed now that I dumped 1/3 of the shares I had after those results which now very much seem to be a kitchen sinking exercise ....

[battlebus2] 04/5/2017 18:28

Chairman buys more stock

[battlebus2] 24/4/2017 22:25

Well he's the chairman so he'd better know something ;))

[catsick] 24/4/2017 22:23

Hmm more director buying .... what does he know ....

[catsick] 29/3/2017 07:39

I actually chopped out some of my holding after those results, however the director buy would seem to validate the kitchen sinking and some deal afoot theory.....

[battlebus2] 28/3/2017 14:57

Good to see you here chrisis33, it's gonna be a long termer with a great dividend while we wait.

[chrisis33] 28/3/2017 14:32

Bought a small number here Battlebus, following chairman's buy.

[battlebus2] 28/3/2017 13:16

Good to see a bit of a recovery today, up 10p...on the back of the director buying his first shares

[battlebus2] 24/3/2017 21:29

How did you miss that lol. It's the reason the old guard left as the company transforms. It's all good. Just the beginning imv.

[topvest] 24/3/2017 21:05

Yes, missed that. Whether this is a good thing or not, only time will tell. What's the background of the newbies...do they have good or bad form I wonder?

[hutch_pod] 24/3/2017 20:48

That is an interesting excerpt. Very ambitious.

[thirty fifty twenty] 24/3/2017 19:57

a REVERSE TAKE-OVER on the cards??

a fascinating update from PIL!

they seemed to kitchen sink results from the new FD,
and debt has increased through it is easy to see there is good c/flow to come from WC.
WC stock and debtors balances are 10m higher than norm so these will reverse in H2 - maybe the new FD was too focused on the kitchen sink to worry about day to day CASH flow??
They confirm that CASH at year end will be < £18m so that is at least £12m CASH flow in H2.

However the fascinating statement was when they said that the 'INITIAL acquisitions they are looking at have Enterprise Values up to £500m!! obviously this would transform PIL and maybe explains the sharp shareholder interest from Zucker.

Could get interesting....

All IMHO, DYOR + BoL
PIL is in my portfolio