After five profit warnings, Bulmers is making steady progress. Must be appearing on steady risers screens by now and rumours in the press that the company might be sold. The Bulmer family might take some convincing but if the price were right?

Is there another holder out there to talk to?

That's it then. All we have to do is get Bulmers to sponsor bingo and we've got it made! Can't fail.

I reckon we're onto the next tax-haven.

the more cider they drink, the more bingo they play, the more cider they drink...(repeat)..

Plato

Well the strategy seems to be working, up 32p today. Anyone who bought at the low point is well on the way to making 300%. Wish I had!

Another 21p (11%) today, I can't bear it. Will someone let me know when it's all over, whatever it is.

Socs,

It looks sweet - well done. It's now moving nicely above most moving averages fast and slow. Might I be so bold as to suggest that you use a stop loss of a close below either the 21 or 34 ema?

Hilary, I love it, a stop loss. It's got a long way to go before my loss has stopped. Can't remember what price I bought at, about 3.20 I think.

But yes, I do now have a following stop loss and will ride the recovery as far as possible. I have no expectations that I will recover everything, but who knows?

socrates, im sure your a poster over on sherecrazy. sum good tipsters over on that one. bloke clled slingers good and staceys good aswell. slater chaps a genious. like that site. no bullshit. i took your tipwith bulmers and gotin at 108p, brill well up. big thanks.

Socrates,

Nice call

Cheers

Ash

goldfinger
Thanks, but I wasn't tipping so much as drawing attention for people to dtor, as it were. I am most definitely not qualified to give tips.

Interestingly, there is an article in todays Daily Mail talking about possible buyouts. Names mooted are CVC Partners a private equity company) or Cantrell & Cochrane (an Irish company).

The Bulmer family, as I understand it, have a controlling interest. Frankly I believe there would have to be a lot of cash on the table to swing them to sell. I've no doubt some were hit hard by the loss of the dividend, I know I was upset! I will watch BULM with interest. +7.5p today.

PS

You're right about sharecrazy.com

THE ONE TO WATH IS THE PREFERENCE SHARE WHICH MISSED ITS LAST PAYMENT BUT IS CUMULATIVE....SEE THE CHART AS TO HOW IT IS RECOVERING ..THERE COULD BE A NICE LITTLE EARNER IF THE COMPANY STABILISES AND RESUMES PAYMENTS EVEN IF IT IS IN A YEAR OR TWO WORTH KEEPING A CLOSE WAATCH ON

olva
I think it's not so much cumulative but subjecta deferred dividend payment. Of course, after today, it's all a bit academic.

I shall watch and wait to see whether to take the SCTN paper or the cash. Nice jump today!