Originally Posted by
BlackPeter
Have to agree. The company promises just another reasonable year and the financial analysts seem to generally agree with the companies predictions. Nice little earner, but nothing outrageous.
Its just some "bulls" around this thread who might create false expectations (particularly for Newbies) ...
The shares behind most (or all? - just a question of time) of the highly hyped sharetrader threads have a tendency to first rocket up and than crash down again. Just have a look at XRO, RAK, PEB, SUM, GEN, ... (in no particular order). Even the beloved RYM is now cheaper than it used to be a year ago.
Some of the above mentioned shares represent really good companies and nothing wrong in buying them at the right price (and I see HNZ as one of these companies). It is just that too much hype always drives the SP up a bit too high ... and as we all know: "what goes up, must come down again".
Discl: used to hold most of the above shares at some stage ... and sold some of them with a nice profit and others with a not so nice loss.