On 3rd July PFC announced that it was trading well ahead of expectations. Not surprisingly, sp jumped but has now fallen back pretty much to the same level as before the announcement.

While perhaps not as exciting as finding the next Cairn, remember that in the goldrush days, it was rarely the prospectors who made the money, but rather the suppliers of the spades and tents and stuff - e.g. Levis if memory serves me aright.

i thought proreal charged after 7 day trial

Nope, I think that's for the real time data version.

well at least i can access IG's stuff already (just seen that it is realtime anyway) and M8 can teach Numbskull how to use it properly ...... that said, when he does his own charts, they are much more sophisticated, following something called GANN theory

Very strong buying pressure forming a support at 428 /431p level with a strong "BUY" indicator at around 438/9 ,,,,,, But a small yet growing pocket of selling pressure at 458/461p level .But unlike the robust support levels i would not yet talk of resistance of 460. What with a nice order book with some attractive contracts thier next interims should be most welcoming . .and prosperous hopefully ...@+ J ....................................OT .Despite having access to the most sophisticated of charting software. l much prefer to simply use the basic tools of any half decent platform but do the real " number crunching" myself. Personally i find i get a better "feel" for the nuances of the stock . .Agree with you PT reg trendlines but i dont believe support or resistance can be established without EMA's & MDA's ,,,,,,,Hey PTH did you see that despite the fall in prices of most imported goods there has been a rise of almost 14% in imported fish ....

good to see PFC back in the news with a new if fairly modest contract ($18m) .... sp has dipped a fraction below 25 dma and with rsi now fairly neutral, this could be a good time to buy into this quality company

i recollect a sell note coming out only a few days ago .... if that memory is correct, that broker looks to have got it wrong .... today's closing is smack on the all time high which often gives time for a pause .... however, do not be surprised to see it ignored.

quite a record for me, for i see i have been ramping (no need - lol) this quality stock since end July 2006, and see no reason to change the tune.

in today's pretty dull market, good to see this second-liner ticking upwards again and (just) into new high ground ...... ditto CSR (qv) performing well

Looks like PFC has lost its support at 450p...looking towards 400p.

last dip of day quite likely due to strange auction prices as often happens...... however, would agree not entirely happy to see failure to re-pierce 25 dma, though similar happened not long ago ..... that said, i expect to stay put with this company as i think it is one of the best in its field, though again, things could change for better or worse with the trading statement due imminently ..... obviously it is going to be good, but then there are also high expectations to fulfill

More weakness today - down 11p

but very bullish trading update this morning!

Agree Cynic,
My feeling for a while has been that the market is going down, but despite that I just could not resist buying some of these today.

i can't believe that was a wrong move, even if the share still finished down another 10p on the day

I note that the Dow was up about 100pts so if it stays that way I expect the Footsie will be up tomorrow, and PFC with it.

Interesting that one of my buys was recorded as a sell on the Buys & Sells list! further evidence that people should really take those lists with a pinch of salt.

Like the phrase in the trading update about performance being "viewed with increasing confidence" - that from an already strong position. Remains a core holding for me (along with EXR in the same sector).

Shares magazine has an article on PFC today saying that it is fully valued at 444p.

how often does Shares Mag get it right?
although i find it interesting reading, it gets its calls wrong so often, it should be embarrassed
i shall stay put for the (for me) foreseeable future

Looks like we are back on the uptrend.

i took my profits yesterday, rightly or wrongly. probably the latter knowing me.
so much for my long term view, for the moment anyway, lol
it was mostly personal money management reasons as much as anything else plus i no longer feel comfortable. i do wonder if we have had and seen and ignored and overcome the early warning signs, hope im wrong.
the profit pays for some 'hits' i've taken with a good bit to spare. i dont like to see my cash balance reducing so have had to make a sacrifice and pfc is it. it's a bit quierky i know but it helps keep me balanced and thinking more clearly.
anyway i'm happy, and sleeping well, always plenty of other opportunities to get back in.
regards
jkd

I think you made the right move jkd. This one is getting seriously clobbered at the moment.