Mon, 16 Mar 2009
Troy’s Blog
I am still having troubles finding things to invest in. Well kind of. I know that certain shares will, in all likelihood increase but I am struggling with the £12.50 flat rate that is eating up 25% of my investment. So it’s time to look at the £1.50 option, I’ll let you know the ins and outs of that asap.
So after the PE ratings shenanigans I have been trying my hand at picking stocks again. The ones I have been looking at are the following: Pearsons, Premier Foods, Perdigao, Halfords and General Motors.
Some of the companies are in good health (Pearsons, Perdigao, Halfords) but everyone else thinks they are pretty healthy too so there isn’t any real value in me choosing them, they aren’t trading at a reduced value. However some are massively reduced (GM, Premier Foods) and one is silly risky (GM)
So that leaves me with Premier Foods. It looks like a good buy at the rice now 0.30p as it had a 52Wk high of 137.00 They have some great brands such as Hovis and 98% of UK households have their products in the larder. From what I can see looking at Google Finance it’s undervalued for a long term pick. Type in LON:PFD to Google Finance and look for yourselves.
posted at: 13:40 | path: | permanent link to this entry