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IN&M,C&C & SMURFIT KAP.

  • 24-04-2009 3:48pm
    #1
    ranger4
    Registered Users, Registered Users 2 Posts: 1,370 ✭✭✭


    Bought In&m,c&c and smurfit kappa recently, anyone else bought any of them and feels their is more decent upside possibly till may when we could see leg down with profit taking?


Comments

  • #2
    EyesLeft
    Closed Accounts Posts: 66 ✭✭EyesLeft


    I was in England about 4 years ago and couldn't get a proper pint of cider anywhere, they had bottles of white cider for people who want to break bus shelters and that scrumpy for people with beards, but nothing for ordinary people. As a consequence I bought a big pile of c&c at 6.50, a year and a half later it was at 13 and when you went to England it was easy to get cider, magners, so I sold half my shares, six months after that bulmers, the English bulmers, was everywhere I went, English bulmers is a bit like bulmers, but a bit like the other English ciders, like strongbow, it was obviously a product more suitable for the market c&c had opened up. I should of sold the rest of my shares then but didn't and I don't think c&c are going back to those levels, 13 and the like.


  • #3
    Qwertysurf
    Closed Accounts Posts: 16 ✭Qwertysurf


    C&C- I bought at 80c, sold at €1.50, needed to profit take. Seemingly the new guys in have target of 2.50. Wud not be hanging on for €13 in the short term. It depends on price you bought i guess. Dolmens/Goodbody still have C&C as buy, although Dolmens price target is €1.60

    IN&M- I bought at 16c and am hoping it will be a big winner. If they get this loan bond sorted by 30th of April there cud be great upside. I wud hang tuff here, upside worth the risk. even if they fall o'reilly has billions lost on them and they will rise with economy due to advertising.


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