The act of it falling below 50p is merely accademic!!! This happens quite frequently after a rights issue. Money week is known ''trash'' I think you should go away and enjoy the good weather and comment again in september. Perhaps you should watch a movie ot two, but not a blue one!!!
No you weren't you were tipping them on here as a buy at 23p, whether you averaged down is up to you but don't try to convince everyone your warren buffett. I'm sure if you look back through your post history there will be comments on the AMA board saying you can understand why the sp is falling etc etc.
I made good money on AMA too, but I don't profess to be the expert you are and then castigate people for not following your advice. Then you come back here to get all clever on PFD saying it's 30p next etc etc.
I mean I can give you the lottery numbers if you'd like?, because I'm just brilliant like that. I don't mean next weeks of course I mean last weeks.
Amara or Mwana!!! In anycase nobody is saying you don't know everything about these two stocks!!! The point to note is that you seem to know nothing about the stock on this BB, that stock is called Premier Foods!!!
Amara are now trading at 23p. I recommended them a few months ago at approx. 16p. I also recommended Mwana when they were at 1.125. Mwana are now trading at over 3p. I predict that both shares will keep pushing upwards. I know everything about these companies.
Really surprised that there are no sharks ready to circle PFD. Having weathered the 10-1 revalue, bought at 28p, then supported the current management at 50p the current trading enviroment is not good. Supermaket dog fights on promotions is nothing new and despite all the press hype, supermaket cost cutting has be going on in ernest since Walmar bought Asda. The current trend away from large 'names' to discount stores is fine but only if you spread your distribution across the market. Selling the Qourn range was in a single move the worst act by the last management team, achieved nothing and sold a very healthy product line. For the future I support the current management team and hope they can battle out the next 12 months. I can't see any improvement in the short term....but long term it's all to play for.
You keep saying it'll be 80p by this time or £1 by that time.
The reality is the quarterly updates rarely surprise, in fact they often seem to have the negative impact. I really thought that after the RI etc we would have seen a gentle climb, but nothing is happening. I'd be more concerned that q3 results if not good we could see further drops.
For all those that will say this is deramping, I'd love to invest here again, but I don't see reasons to do it yet, if it dropped to 45p I still wouldn't.
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