what a joke, page-5

Similar views ProPunter as per my previous posts:

"At these prices, VPG is unlikely to be on the institutional radar, except for small cap managers. However, they are suffering redemptions generally, thus not much cash around for them to invest either.

I can't see a circuit breaker for the ongoing drift lower, other than asset sales (which I expect are a while off as they don't need to raise cash in 2009) or a takeover. Thus, expect it to be a long haul for holders."

Also, reinstatement of a distribution will give it a lift but also a way off I expect. Instos dont want the embarassment of explaining their holding to investors, thus are happy to miss the bargain basement buying and get in once the ground is more solid. And also a loss of confident in the board and management given AGM voting.

Thus, wouldn't be surprised if it grubs along the "bottom" into the new year. Thus, I am happy to hold off any further buying.