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shrek3 - Sat, 22 Oct 05 :

Haystack - I am also a customer of Warrington and I can tell you that "things were going well". The blip a few months ago seems to have been caused by something to to with the acquisition of Crest.Ref the £8.5m figure, I suspect the company did not know of the EPA delay when talking to the broker. Robin Gilbert is a well respected "old school" analyst - not one to make predictions without having his own figures to back it up - remember - an analysts note is just that - the company do not "feed" him numbers. Whose to knw if the company agreed with the figure at the time?
I understand your last point about under promising etc. However, you need to get to know the characters involved. Bruck and Wood have track records of being bullish and then OVER delivering (see Barbican Healthcare; Lloyds Chemists PLC; Intercare PLC. They attract a certain type of investor - some of which would secretly like to see them fail I believe. They haven't yet - lets hope they dont this time! This is a long term (2-3 year) hold. I cant believe it will go lower with all thats going on and now may be the time to take a dip in the water - before Nov 1st (just for you Seawatcher)


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