Purecircle Share Discussion Threads

[haroldthegreat] 25/8/2009 14:55

a rise can only occur when people buy shares, whats the reason for the buying? news about new products containing reb a ?

[mdchand] 25/8/2009 14:43

technical breakout by the looks of things, but needs to get past 265p-270p to get past near term resistance points.

Actually, I do wonder if the attached article might not be closer to the truth....

August 24, 2009
Nothing Sweet In Soaring Sugar For Major Food Groups

By Charles Wyatt

The world's major food manufacturers are having a very bad attack of the wobblies about what is going on in sugar. General Mills, Kraft Foods and Hershey and others have sent a joint letter to US Agriculture Secretary Tom Vilsack, reminding him that federal estimates suggest the US will end next year with less than 13 days' worth of sugar in its stockpile. "If this forecast is accurate, we may well virtually run out of sugar," they wrote.
The companies hope to convince the government to ease import restrictions, which, in an effort to support local farmers, currently keep sugar's domestic price tag about twice as high as the global one. Domestic sugar producers counter that increasing sugar imports won't be cost-effective, as freight costs would inevitably drive prices higher, anyway. Increased import quotas, they say, would depress sugar prices below the cost of production and drive them out of business.

Where does sugar go next? Analysts differ widely. Some optimists share the view of Michael Coleman, a manager of commodities hedge funds, who argues sugar could climb another 80 per cent to top 40 cents/lb. "Sugar is caught in a perfect storm," he is reported as saying in a Bloomberg TV interview. "From this point on, it depends on how price affects demand." But according to Peter Baron, executive director of the International Sugar Organization, 40 cents/lb is "wishful thinking," since higher prices will decelerate import buying. "People are much more cautious when they face prices which are in the clouds," he said, adding that exorbitant prices would compel food producers to use alternatives, like corn syrups. However, the International Sugar Organization has predicted global demand to outstrip supply by as much as 5 million metric tons by September 2010.

[haroldthegreat] 25/8/2009 14:40

8.6% any ideas

[haroldthegreat] 25/8/2009 14:25

7% now why

[haroldthegreat] 25/8/2009 14:14

up 4% why?

[spudders] 21/8/2009 17:26

Very quiet here, no one like the sweet things in life anymore.
After we tanked I decided to buy one of Evil's book as it was rumoured he was shorting PURE. Seems to me Cawky is a shrewd cookie. Still long here so if we tank again a little top up maybe in order. :)

[spudders] 23/7/2009 17:27

Expected revenues to rise 130% and profit to rise not less than 11M, a 420% rise.

Debt of $49M had risen above expectations & in talks to raise new bank loans.

Forecasts look optimistic given the problems with leaf quality & poor harvests in China, a dilutive share issue looked like a possibility.

'Evel Knieval' mentioned for shorting ahead of trading update.

All above mentioned in Tr#ndw#tch.

Hope it helps, I still hold :)

[sleveen] 16/7/2009 08:54

sp keeps me guessing

[rik shaw] 15/7/2009 22:42

What a week - expected a bounce but not this dramatic. Should have topped up in a bigger way at the bottom.

[pelleeds1980] 15/7/2009 13:11

Wonder if Evil Knievel (Simon Cawkwell) has closed his short/ been stopped out

[nurdin] 15/7/2009 13:08

Anyone have a clue as to why these are rising?

[joe say] 10/7/2009 12:39

Two sides to very coin - missed out on my purchase opportunity as I thought the shorters had control.

As a result Nothing ventured - nothing gained

[sheeneqa] 10/7/2009 12:32

Trailing stop the answer for making sure profits are locked in, have a hunch positive news is on the not to distant horizon....

[monsta2] 10/7/2009 12:30

gone up by 75pence since yesterday so about 50% profit for those that got in yesterday. got to be back below 2 quid today i reckon if profit takers come in.

[sleveen] 10/7/2009 12:10

might be worth scalping a profit if you got in low enough IMHO.

[gcom2] 10/7/2009 11:04

Thats what I call a bounce!

[sheeneqa] 10/7/2009 11:03

Many thanks to the shorting brigade for letting us know in advance, and well done to those that bought back after the fall:-)

The rise continues.

[foodcritic] 09/7/2009 20:29

Yes sleveen, much better.

Thanks for taking your time to explain that info, makes perfect sense. Science days are well behind me but always find it interesting.

FC

[sleveen] 09/7/2009 18:01

FC better day today :-)

If you are looking at the mechanism of action, aspirin would be the closest drug to compare with fruitflow as it reduces platelet aggregation . However, if the claim was for a reduction in heart attacks (ie a patient oriented outcome)then comparing a statin with fruitflow would be the better comparitor because statins are safer than aspirin. I very much doubt that there will ever be a randomised control trial.

similarly, there is a bread spread that claims to reduce cholesterol, what isn't claimed is that the spread prevents heart attacks and strokes. My view is that what you might gain with lowering of cholesterol is offset by the extra calories ingested causing weight gain.

Lowering cholesterol is a surrogate marker whereas reducing heart attacks in people is really what we want. Interestingly there is a school of thought that statins work be reducuing C reactive protein and that lowering of LDLC is purely coincidental:-)

Warfarin inteferes with the clotting cascade and works diferrently than apsirin.

[doubleornothing] 09/7/2009 15:54

Hope that short enjoyed the squeeze...bye bye

[foodcritic] 09/7/2009 10:50

true sheeneqa.

PS mos I will not rise to the bait anymore on this thread, please don't ruin it in the same way you have over at UNIQ.

[sheeneqa] 09/7/2009 10:44

Well he aint got it right today!

I am not against shorts, however I shy away from smaller companies who have a viable product and a good management team who have hit their own pockets and bought shares. Seems this is another concerted campaign by a bunch of bloodsuckers on a quality company. BB posters and hacks working in tandem.

Some bounce

[foodcritic] 09/7/2009 10:43

Are you sure you are in Rhodes?