Welcome... I've been doing shares since 2009 when I bought Wincanton rolercoaster at 40p but got bored and scared with the up and downs, sold with a nice profit at 70 but look now! 170 . Bought tcg yet another rollercoaster at 45p but traded way too much so even though I sold at 180 I lost a lot along the way. Now in pfd with too much at an average of 58p but bought way too early . What have I learned...... shares are long term unless you are clever enough to trade, learn to live with the ups and downs if you trust your initial judgement, always use stop losses and do not rush to invest as it is your hard earned you are putting on the line
Agreed, Mick should do Ok with this if just bought in, and hopefully not too long to wait. The more it recovers from the dark days, the more likely it will be come a target for one of the big boys across the pond. Personally hovering around break even with 44p average.
It's not all doom and gloom!!! If you've just bought now, you may not be waiting too long to get to 60p. Moreover, when not if, it gets to 60p, it will be because it is going to go even higher than that.
Welcome and good luck with your investment. Best bit of advice I can offer you is don't listen to DoomMonger. Obviously has his own agenda or a disgruntled ex employee so do your own research and enjoy the ride. It will be bumpy!
Yes, PFD is investing heavily in advertising their premium brands and this is a key part of their recovery strategy (after the other vital steps like bringing their financing under control, negotiating breathing space on Pension situation and off-loading (or at least sharing the burden of) some of the more troublesome parts of the company such as Hovis).
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