Member Info for 2reincarnated

I did say straight after the profit warning that we were looking at £1 and who believed me then?

https://news.sky.com/story/retail-sales-slide-as-appetite-for-food-dips-11528559

that is what we are seeing!!! This ''bounce'' will ''draw in the mugs'' who think the falls are over. This will fall further, but will recover strongly.

can this stock do anything decent? in a now uncertain market can we see this becoming a defensive stock?

I hope!!

sooner or later this will go below 70p before we see a recovery.

Any suggestions?

But not enough volume to suggest it is being driven lower to fill large buy orders, nobody is stakebuilding.

was the Royal Mail Profit Warning. This means that if PF shares can rise to 60p which I think is still possible by Christmas, one could sell them and buy Royal Mail @ under £2.50-£3 and sell in the summer at £4. This is the equivalent ish of PF being nearly £1

out of the question, £2 could be seen if further profit warning issued. most profit warnings come in pairs!!!

YES!!! I do realize I have called it a ''dead cat'' and it is exactly that if investors think they can buy this stock and it will take care of itself and generate income by ''living off it's name''. Quite frankly, many thought this company was too big to go the way it has. The recovery earlier this year was ''ill founded''

will ''draw in the mugs'' this will go sub £3 before xmas

Of course the SP will go below 70p again!!! This is because the stock has an ''ulterior motive'' in that its sole purpose for recovering is so that it can carry out a deeply discounted rights issue. Even then, just look at the ratio of the market cap to the amount the rights issue needs to raise and you will be horrified.

Before then, we will see covenants tested and possibly refinancing. What will this do to the SP?

by Christmas!!!

assume this will go below the year low at some point before we see a recovery.

https://www.standard.co.uk/business/anthony-hilton-healthy-share-price-the-company-could-be-a-goner-a3932901.html

https://news.sky.com/story/british-airways-pension-scheme-takes-flight-with-4bn-lg-deal-11496158

just imagine what this sort of deal would do for the PF SP?

it has been reasonable weather, unless it gets overly hot in the next two weeks, this cannot cause a profit warning like it did in 2016.

Only worry now is October?

Always thought GD ''had the look of Dracula''

check this article out!!! Talk of venturing out Ambrosia now sell human blood!!!

https://news.sky.com/story/drinking-young-blood-could-prevent-age-related-diseases-study-reveals-11493276