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Hi Theleather1
Yes, Premier used to make own label products and I am sure that they still do. Back in my day 15 to 20 years ago they would use spare capacity in the factories to make own label products. It was always something that was second to brands because the margins are far less.
More recently Premier have concentrated on brands and that has been one of the reasons for the improved profitability.
You are right Billyn, I donāt suffer from any kind of āismā, but I am interested in your view that this stuff āattracts and retains employeesā. I have been out of the workplace now for ten years (I used to work for PFD). Is there evidence that that is true ?
I agree with you about the current management team. They have done very well over the last few years (helped by covid), to reduce debt and sort out the pensions.
I am however disappointed that they feel it necessary to add overheads to the business by following this virtue signalling garbage.
Mr Kipling maker Premier Foods is to offer 'trans inclusivity' training to all staff, in a further shake-up of workplace policies.
Premier Foods, which also makes Bisto and Batchelors brands, is launching "new modern workplace policies" which include providing online training for all 4,000 staff on menopause and how to cope with it, as well as practical tips for those working with colleagues going through menopause.
Menopause champions are set to host regular "menopause cafes" for colleagues to discuss their experiences, it said.
The last time this happened I bought at 2.33.
As others have said it could go back down there or even lower. Itās difficult to see any positives for the markets to latch onto at the momentā¦ā¦sorry for the pessimistic post !!
Not sure what is going on here. Oasis used to have a much bigger holding than 1.8%.
I am wondering if in fact they have reduced their holding to 1.8% and sold a load of shares to Nissin. If they had gone from zero to 1.8 % they wouldnāt have to notify that would they ?
Itās all very confusing.
You are right Jed, it doesnāt make a whole lot of sense. Unlessā¦..they know something about future trading that we donāt yet know. Obviously they have a seat on the board so are very much up to speed with what is going on. Also this will have been their first opportunity to deal in the shares for a while because of the closed period leading up to the results announcement.
I agree with that Samsonā¦..the danger is that we go from zombie to boring.
The current BOD have done a wonderful job in getting us out of the zombie state (helped by covid) but now they need to show that they can handle some M&A activity to take us to another level.
SP down at Ā£1.03. No comments on the board since 27th Aprilā¦ā¦where has everyone gone ?
Have we all lost interest in PFD ? So far we havenāt had the usual spike in SP leading up to the resultsā¦.whatās going on ? Anyone got any views ?