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?

During a recession downturn - food and drink are surely a safe bet - is now the time to buy and before 7 Aug ?

shorters seem to have taken hold of PFD.

Shorters can never see over the parapet !

Disposal.

Premier Foods today announces that it has reached an agreement to sell its vinegar and sour pickles business, including the Sarson's, Haywards and Dufrais brands, to Mizkan, for a cash consideration of £41 million. The sale is expected to complete by the end of July 2012.

This agreement represents a further step in the Group's strategy to prioritise investment behind its eight Power Brands and divest selected, non-core businesses.

Disposal

Premier Foods today announces that it has sold its Elephant Atta ethnic flour business to Westmill Foods, a subsidiary of Associated British Foods plc ("ABF"), for a cash consideration of £34 million.

The agreement represents another step in the Group's strategy to prioritise investment behind its Power Brands and divest selected, non-core businesses.

Is the bounce back finally on?.
second day rising from low of 61p now 67p

You just beat me to it!

Maybe early signs?

Half Year results on the 7th.

PREMIER FOODS COMPLETES SALE OF ITS VINEGAR AND SOUR PICKLES BUSINESS TO THE MIZKAN GROUP

Further to the announcement of 15 June 2012, Premier Foods is pleased to confirm that it has now completed the disposal of its vinegar and sour pickles, including the Sarson's, Hayward's and Dufrais brands to Mizkan for a cash consideration of £41 million on a debt free and cash free basis, subject to a post completion stock adjustment.

-Ends-

Half Yearly Report

Delivering stabilisation and growth strategies on track

· Underlying sales, excluding Milling, up 1.1%
· Power Brand sales up 2.0%, Grocery Power Brand sales up 4.9%
· Underlying Trading profit up 3.2%
· Marketing investment increased 40%
· Power Brand portfolio consistently gaining market share
· Cost reduction programme to deliver £40m savings by year end, ahead of 2013 plan
· Disposal programme on schedule
· Full year outlook unchanged

Board Appointment


Premier Foods plc is pleased to announce the appointment of Jennifer Laing as a Non Executive Director with effect from 1 October 2012.

Jennifer has over 30 years experience in brand building and communications including 16 years with Saatchi & Saatchi, twice as Chairman of the London office, and culminating in her role as Chairman and CEO of Saatchi & Saatchi North America. In the early 1990s she led her own advertising agency, Laing Henry, which was subsequently sold to Saatchi & Saatchi. From 2001 to 2007 Jennifer was Associate Dean, External Relations at London Business School.

Jennifer is currently a Non-Executive Director of (IHG) InterContinental Hotels Group plc where she chairs the Corporate Responsibility Committee, and of Hudson Global, Inc., a global recruitment company, where she is Chairman of the Compensation Committee.

Commenting on Jennifer's appointment, David Beever, Chairman of Premier Foods, said:

"I am delighted to welcome Jennifer to the Board. Jennifer brings with her a wealth of brand marketing and advertising experience which will be invaluable as we continue to invest in our future growth. The Board and I very much look forward to working with her."

Bye bye Hartleys :-(

PROPOSED SALE OF SWEET SPREADS AND JELLIES BUSINESS TO HAIN CELESTIAL FOR £200 MILLION

Premier Foods announces that it has reached a conditional agreement to sell its sweet spreads and jellies business, including the Hartley's, Robertson's, Frank Cooper, Keiller, Gales and Sun-Pat brands, to The Hain Celestial Group, Inc. [NASDAQ:HAIN], for a cash and share consideration of £200 million. The sale is subject to approval by Premier Foods' shareholders and consent from Premier Foods' banking syndicate and is expected to complete by the end of October 2012.

Just out of auction +7%

InterimMangement Statement

Highlights

· Underlying sales excluding Milling1,3 up 2.0% in Q3
· Power Brand sales up 2.0% YTD
· Grocery Power Brands sales up 4.1% YTD
· Additional Overhead Cost Reductions of £20m to be achieved in 2013
· Full Year expectations remain unchanged

Up 9.3% just shy of the 200ma and probably helped by this interview in the ST - Here’s my recipe to put life into Mr Kipling’s zombie

Michael Clarke has had a stellar career at Kraft, Coca-Cola and Reebok. Why trade it in for the debt-crippled Premier Foods?

29 October 2012

Premier Foods plc

("Premier Foods")

Premier Foods Completes Disposal of Sweet Spreads and

Jellies Business to Hain Celestial

Premier Foods is pleased to announce that:

-- all of the pre-completion conditions in respect of the proposed disposal of its Sweet Spreads and Jellies Business, as set out in the circular to shareholders dated 28 September 2012, have been satisfied; and

-- it completed the disposal of Histon Sweet Spreads Limited, the owner of the Sweet Spreads and Jellies Business, to The Hain Celestial Group, Inc. ("Hain Celestial") on 27 October 2012.

Premier Foods has received a cash payment of GBP170 million and will receive shares in Hain Celestial worth at least GBP30 million (as at completion) to make an aggregate consideration of GBP200 million, on a cash and debt free basis. The consideration is subject to a customary adjustment for a normalised level of stock at completion.

Ends

In auction +11.5%

wow now back to 10p ....old money.

Bye bye Branston - Disposal

PREMIER FOODS ANNOUNCES CONDITIONAL SALE OF SWEET PICKLES AND TABLE SAUCES BUSINESS TO THE MIZKAN GROUP ("MIZKAN") FOR £92.5 MILLION

Shares in Premier Foods bounded up by 43p (67%) to 107p during October, after an important disposal and restructuring.

The firm reached an agreement to sell off its sweet spreads and jam division, and focus on what it calls is "Power Brands" -- and at the third-quarter stage, sales of those brands had risen for the third successive quarter.

This is a great recovery after the share price collapsed in response to a profit warning last October, when the firm was forced into discussions about its banking covenants.

There's some risk, but there could be further rich pickings here for bold recovery investors.