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?

Plans cooked up for new food giant

Several private equity firms are looking to purchase two collections of brands from Premier Foods and Symington's and merge them under one banner, the Sunday Times said.

Morrisons are selling Lloyd Grossman sauces at less than half price (94p) and excellent they are!

.

No - as per post 164 - I'm not currently holding :-)

.

No - I don't do either :-)

I'm hoping to buy back at a lower price than I sold last week - I may not get the opportunity!

wasn't lloyd grossman sauces involved in a food poisoning scare recently?

.

RNS Number : 6949A

Premier Foods plc

03 April 2012

3 April 2012

Premier Foods plc ('Premier' or the 'Company')

Annual Report and Accounts, notice of AGM and Share Consolidation

Premier Foods, home to some of Britain's best loved brands, today announces that the Company's 2012 Annual General Meeting ('AGM') will be held at 10.00 am on Thursday, 3 May 2012 at the Holiday Inn - Bloomsbury, Coram Street, London, WC1N 1HT.

The Company also announces today the publication of its Annual Report and Accounts 2011. This follows the announcement on 19 March 2012 of Premier's results for the year ended 31 December 2011.

Copies of the Annual Report and Accounts 2011 and Notice of AGM are available to view or download from the Company's website, www.premierfoods.co.uk/investors/, and have been submitted to the UK Listing Authority's National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do.

The resolutions to be proposed at the Company's AGM include a share consolidation pursuant to which 10 existing ordinary shares of 1 pence each in the Company (the 'Existing Ordinary Shares') then in issue would be consolidated into a single ordinary share of 10 pence each (the 'New Ordinary Shares').

If agreed, the proposed consolidation is expected to reduce the volatility of the Company's share price as well as reducing its administrative costs.

As of today, the Company has an issued ordinary share capital of GBP23,980,582 divided into 2,398,058,228 Existing Ordinary Shares. Following the proposed consolidation, and assuming no further issues of Existing Ordinary Shares, the issued ordinary share capital would remain unchanged but would comprise 239,805,823 New Ordinary Shares.

Norges bank > 5%.

Hovis’ Farmers Loaf hits shelves

Premier Foods is launching a premium, British-inspired bread product under its Hovis brand this month.

The new British Farmers Loaf aims to offer a ‘home-baked’ style loaf featuring a traditional overhang shape, baked in Hovis-embossed tins with a flour-dusted crust. It will be available in 800g white and wholemeal versions from April at an MRRP of £1.40.


Sainsbury's is flying the British flag at every opportunity

18 April 2012

Notification of Forthcoming Event

The Interim Management Statement for Premier Foods for the 3 months to 31 March 2012 will be released at 7.00am on Wednesday, 25 April 2012. This will be followed by a conference call for investors and analysts at 9:00am, the details of which are outlined below.

IMS tomorrow (ABF reported today).

Interim Management Statement

Highlights

· Group sales of £427m up 1.3%
· Power Brand sales increased 3.7%
· Marketing investment behind eight Power Brands continues
· Cost reduction & restructuring programme on track
· Full Year expectations unchanged

Reads well - seems the ship is now nicely on keel. We should see a gradual rise in SP to 250p by the end of the year following consolidation on 3 May

Investec reiterates it's Buy TP 20p

Only up 869%

http://www.moneyam.com/action/news/showArticle?id=4362464

Wow at one point I thought I was going to lose my house on this one....

Starting to perkup after a negative opening.