PMR

Premier Group (JSE: PMR)

Last traded
R162.73−R0.60 (−0.37%)In buy zone
Open
R162.27
Prev Close
R163.33
Day High
R167.00
Day Low
R160.74

Key statistics

Key statistics for Premier Group Limited (PMR)
Market capR26.8B
P/E14.5
EPSN/A
Div yield1.12%
52W highR197.39
52W lowR145.64
Volume441K
ListedN/A

Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 21 live member stances recorded by registered members on this page.

What the community is sayingBearish

Investors expressed disappointment as Premier Group Limited (PMR) experienced a significant decline, dropping 3.43% to trade at R169.80. The sentiment was negative, with commenters reacting to the steep daily loss.

Summarized from 3 posts · updated nightly

Filter:Ask about PMR
R.
R. Naidoo@bear_naidoo·Bullish

168.87, bit of momentum today.

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BA
Bayman@bayman_jse·Bullish

Hello 168.87, good day to top up

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SI
Sipho D.@sipho_satrix_saver·Bearish

R169.80, that's a decent drop today eish.

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SA
Sakhile N.@uncle_sakhile·Bearish

169.80 now, down hard today.

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DA
Dan O.@fees_first_dan·MemberBearish

169.80 now, down 3.43%. Ouch.

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FR
Frans B.@firsttime_frans·Bearish

174.49 now, down a bit today.

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BA
Bayman@bayman_jse·Bearish

174.49, good day to top up.

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SC
Scandi64@scandi_jse64·MemberBearish

174.49 now. Down on the day, eish.

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MP
Mpho S.@mpho_teaches·Bearish

179.78, bit sore today hey.

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LI
Lindi M.@loadshed_lindi·Bearish

179.78 now, down a bit. Bread prices up with Eskom though, so.

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SA
Sakhile N.@uncle_sakhile·Bearish

180.11 now, down a bit. Holding?

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FA
Fana D.@factcheck_fana·MemberBearish

R180.11, down 2% today.

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PE
Pete van W.@pedant_pete·MemberBearish

PMR up 0.40% today but the market's sleeping on the margin squeeze here. Consumer goods inflation is cooling faster than their input costs, yet the stock trades like nothing's changed - reckon we'll see some profit warnings before the sentiment flips.

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LI
Lindi M.@loadshed_lindi·Neutral

PMR down 1.57% today but the dividend yield is still sitting around 3.5% at current levels. Anyone else thinking this pullback could be worth averaging into, or are you waiting for more clarity on volume trends in their retail division?

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RA
Rawssy@rawssy_links·Neutral

pulled the latest sens on this one, margin pressure is real but distribution's holding up

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TH
Thuli N.@thuli_dd·MemberBearish

Been digging through the latest numbers on PMR and the margin compression is real, but the distribution network they've built into retail is actually hard to replicate. Volume growth is there even if price per unit is getting squeezed by input costs and competition from Tiger Brands. Question is whether they can hold market share through load-shedding season without the capex killing them, but at R192.40 you're not paying much for a defensive play in essentials.

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JA
Janet M.@jozi_janet·Bearish

PMR holding up okay at R192.40 but the real question is whether they can grow volumes in this economy. Baking and milling is defensive stuff, people still need bread even when times are tough, so thats something. Just need to see the numbers improve on the next earnings call to know if this is actually going anywhere or just treading water.

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ST
Steel@cape_steel·Neutral

Do you think the margin squeeze in baking is going to keep hitting them. Volume's there but where's the actual profit coming from with input costs still high and retail holding the line on prices.

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TT
TTT Trading@jse_tttrading·MemberNeutral

PMR breaking above that R185 resistance with nearly 3% momentum suggests some relief buying after the recent retail weakness, though I'd want to see if this holds on volume before getting too excited.

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SW
swordfish@swordfish_sa·Neutral

bread and flour business in a load-shedding economy, what could go wrong. still cheap at R175.24 though, bakeries aren't going anywhere and the margin story improves when energy sorts itself. fair play to anyone holding through the noise.

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