Member Info for NorbertDentressangle

It's funny how this is no longer en-vogue. There was a time when this was the most discussed share on LSE!! The share price is now creeping back to 30p without much notice. Good

http://www.prnewswire.co.uk/cgi/news/release?id=129747 Maybe it makes sense to halt production here and concentrate elsewhere. Consolidate and streamline

Think these may test 15p tomorrow

Ridiculous sell off recently. Bought in at 220p and sold at 260p then bought in at 220p again on no news. Thought it was a sure bet...

510p soon to buy.

Which is good news, I would imagine there'd be a clamour to sell these today but the price has risen slightly. Go go Albidon!

I can afford to feed the family tomorrow and wednesday too. Shut up Osborne, don't spoil the party

I'm in everything that drops apparently! Noticed something on PFD that I should've researched before buying. Their £1.8b debt is a result of the acquisition of Hovis.

http://www.afrol.com/articles/31752

Not so great when you're in at an average of 280p though AAARGH!!!!

Peter Hambro. Just taken a major hit on the share price and slowly recovering. Cash in hand, pouring gold and making money, nothing else to consider is there...

I can only say why I'm investing, in the long term I think PFD will survive and thrive so I'm not panicked into selling. I wont be buying more though to average down as I'm not prepared to risk any more savings on any shares. I started buying shares very recently because there's little point leaving the money in the bank. Yes, it's higher risk but I think that measures are in place to keep businesses going, even debt ridden ones, to save jobs. Left in the bank your £1k investment will earn £30 this year or £60.90 in 2 years which is paltry. In two years your £1k investment here could fall to £500, stay at £1k or triple to £3k. I think it's a risk worth taking.

I wont pretend to be an expert, there are others on here much better qualified to number crunch (fjp73, paranoia blue and kalexander spring immediately to mind) but just use the news feed on my HSBC InvestDirect account to check basic sums. I bought these at 24p and sold at 29p, got back in at 25p so breaking evenish. At 11.5p you're doing very well indeed, you got in a week or so before me - lucky thing! I also hold PFD, at 36p. They have large debts but interest rates are lower so this will help surely. T/O increasing and sales strong through september and october. In a recession we've still got to eat, more of us will be shopping at supermarkets than eating out or buying takeaways. This will surely help the Premier Food cause. I think the pros on here will laugh at me for my reasoning but I think logic plays a big part when looking a shares. Logic tells me that PFD has a strong product base and sales will not suffer because of the recession. Sales aren't profit though and it'll need a bit of delving to work out how bad the debt situation is and whether they can afford to reduce it.

Sorry mate, when I said opposite direction I was replying to Peter thinking they were going to go down to 20p. I think they've been pretty steady in a falling market and will start to see a steady rise as gold rises. They are yet to show any revenue from gold mining but have two mines in production and are forecasting 40000oz in 2009 from the Ivory Coast mine alone. Simple maths (which is all I can manage) are, if gold hits $1000 and costs per ounce are $400 then they're looking at a gross profit of $26m. Operating costs are said to be $4.4m pa, so production costs could be significantly less than $400 per ounce.

With gold on the rise, I can see these going in the opposite direction.

But hasn't been settled yet. What chance is there that I get my dosh?

Lol, true. Neverton, laughing stock of Merseyside

I think he's walking the dog at the minute, taking a breather. Lazy bugger

I hope you're right but it's still mega irritating to see them fall unnecessarily low. Chances of getting back to the 250p mark (where I got in) are as remote as Everton winning the premiership.

More like going pop, seeing as I have them in my poo-polio! Sold some on friday thank god!