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?

Hi GF
You have to make a few mistakes now and then!! I think it would be interesting to find out what has gone wrong here. I know they have debts and tired brands but that has been out in the open for years and should be in the price.
Good trading is to cut your losses!! Ouch!

It seems today was the turning point so the buy note is back on the desk this afternoon
Yesterday tried but fail by the end of the day

Premier Foods plc

Statement re: Press reports

Premier Foods plc ("the Company") notes the recent press reports regarding potential investment in its Bread business. The Company confirms it has appointed Ondra Partners to assist in developing investment options for the Bread business, which include co-investment by a partner. There can be no certainty that a transaction will follow at any point in the future, but the Company will provide updates as appropriate.

Ends

Anotehr good move up today with 6.75p better so far

Blimey!

another kick in the "bread basket"!

Just had a dabble here.

Investec Add 120.63 117.25 160.00 160.00 Upgrades

Closed today +9.5p

I belatedly bought back in here earlier - numptey!

Is going places today, even after the profit taking

MACD looks well positioned skinny.

Might have a dabble myself Thursday.

sp down 10% rights issue coming?

RNS not terribly reassuring, with a possible rights issue on the cards might be time to move on.

Joint Venture and Trading Update

PREMIER FOODS REACHES AGREEMENT ON JOINT VENTURE TO GROW HOVIS, ENABLING DEDICATED FOCUS ON GROCERY AND CONFIRMS 2013 RESULTS IN LINE WITH MARKET EXPECTATIONS

· Bread business to become a stand-alone joint venture between The Gores Group and Premier Foods
· Bread business valued at enterprise value of £87.5m. Premier Foods retains a 49% stake ensuring significant participation in future value generation
· Transaction provides short-term cash inflow to Premier Foods of approximately £28m to be invested in Grocery business
· Combined £45m cash injection by the shareholders into the joint venture unlocks a £200m five year investment programme for Hovis
· Premier Foods Trading profit for the year ended 31 December 2013 in line with market expectations

more..

The chart is starting to look interesting again.

In auction +8.3%

I'm sorry to say that I've been a holder of these shares for years... I don't own too many equities but these I have and are firmly in the red on.. No degree of rally excites me about these.

There was volume on the stock earlier when I looked at 56p,
but a chart inspection and I had to pay 56.75 for the purchase a couple minutes later.

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Bought some more under 59p

order book much stronger this morning