Does anyone know this company? It was highlighted in this weekend's paper and I wonder if it is about to fall a lot more ( eg with the prospect of a Rights Issue, etc), and that might be a good time to get in - when they have some cash.

Are they beholden to Supermarkets, I wonder - could this mean they have little "pricing-power"? - That's something that any go-go business needs, perhaps along with a USP - although this is hardly likley in the "food" industry, is it?

jkd - as a fundamentalist I'm afraid I have no idea how the chart looks......

my understanding - is they are trying to reduce the debt so they can resume the dividend, which was being paid until this year.


"Premier Foods has announced qualifying shareholders have taken up 66.05% of the group's open offer.

The remaining 33.95% of new ordinary shares have been allocated to the investors with whom they had been conditionally placed.

The share issue, announced on March 5, is aimed at raising approximately 379m net."

I must admit, I was surprised by the response - quite high despite the "credit crunch"..........

pfd Premier Foods Sp just broken through ceiling on a bottom wedge chart pattern.

Would expect a target SP of around 65p as showing by the blue arrows. Could go all the way to 100p resistance.

"

2 new notes out late yesterday one a buy and one a hold.....

Premier Foods PLC

FORECASTS
2009 2010

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Investec Securities
10-06-09 BUY 170.85 5.92 213.85 6.42

Panmure Gordon
10-06-09 HOLD 172.00 5.16 185.50 5.57

blimey gf
i'd forgotten about this. just re read my earlier post. just goes to show how things can change and how we have to stay on the ball and be prepared to change our minds. as it was just my opinion i took my eye off it, had i been invested either long or short i wouldnt have done so.im not going to make excuses.price has proved me wrong.
regards to you and all holders.
jkd

Perhaps this company needs to return a token dividend to stimulate the share price - us beleagured shareholders deserve some recognition now!

I've been topping up on these shares in my SIPP for the past few months. IMHO this share could go +45p by July/June. Sales seem to be improving. I would think this could possibly go to +60p by December.
Is this just wishful thinking on my side? would be keen to hear others opinion?

rubbish performance today, probably in sympathy with uniq's uninspiring numbers, but perhaps a good support level here

can anyone advise me on this company it looks a good investment now how high can it go in what time span

http://www.fool.co.uk/news/investing/company-comment/2010/09/10/time-to-ride-the-hovis-bike.aspx

The chart looks terrible.

Will UB step in and take them over before its too late.

The selling seems to have stopped so could be a good time to invest.

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Hmmmm.

The shift supervisor for Premier Foods also revealed it was third time lucky for the couple as they had only ever played TWICE before.

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Gl to them but cant help wondering it will all in tears.

Gl to them but cant help wondering it will all in tears.

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The Market Cap at the current share price is 103m so he can almost buy the company outright !

Seriously though, are Premier going bust ?

50/50 chance.