Serious Director Buying

I presume anyone here has read BPI's statement today? :


"We indicated at the time of our Interim Statement that we were confident of a full year result ahead of 2004, based on the good performance in the first half. At the same time, we advised shareholders of certain issues on trading volumes, margin compression and energy costs which had the potential to affect the second half results.

We can now report that our business has coped well with these issues and that the results for the full year are likely to exceed current market expectations materially."

That must bode well for MACF, perhaps MACF are even now a bid target for BPI reversing the tables with MACF on this lowly valuation and high growth.

CR