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Parker Forrester

2456

Comments

  • PF have been looking after me for about 6 months and have made substantial % gains. They work on information not speculation and buy huge portions of shares at the right time to offer their customers good deals. Anyone quickly discarding PF as a spurious broker without reasonable enquiry is cutting off their own nose. Of course they're on the FSA list of foreign companies touting for business. They have to make this warning as anyone sending money overseas as is beyond their compass of reproach. The FSA have to cover their own backs so they can bleet the usual rhetoric "well, we told you so."

    Initially I was sceptical about the legal footing of someone calling from Shanghai but investigation proved PK on the list of firms approved by the Chinese equivalent to the FSA and are subject to scrupulous audits. I spoke to UK customers, too. My worries were pacified when the % gains made by them testified to their inner knowledge. They're so bloody good at what they do they needn't be scammers. You can ask the perennial question "If they're so good why aren't they living on their laurels in Bermuda?" Besides financial gain, they love it and they're probably driven ambitious people.

    The comments I've read on this page are sour grapes for the sake of it and not one writer has actually been ripped off by the real PF. Proactive companies DO cold call. Terrific deals DO exist. Legatimate companies DO appear on FSA lists.

    If you're thinking of investing with PF do what I did: over a few months watch their three or four tipped companies share price rise. In March 09 they recommended Genworth (GNW) at $1.10. At the time of writing (June 09) they're almost $7.

    If you think PK are con merchants look at them in a couple of years and you'll find they're still there trading from the same offices. Con merchants are transient and get closed down.

    I hope you've found this helpful and your initial thought that I'm am PK employee is the same mode of thinking that will stop you investing and missing.
  • gozomark
    gozomark Posts: 2,069 Forumite
    why would anybody possibly think you are an employee ?
  • cheerfulcat
    cheerfulcat Posts: 3,403 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Proactive companies DO cold call.
    That's as may be - however, legitimate stockbrokers do not.
  • Rollinghome
    Rollinghome Posts: 2,731 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If you think PK are con merchants...
    It did cross my mind.

    Could you explain? Parnchris has been offered shares for $56 that you, sorry they, claim are worth $66. What does that mean? The price of shares are based on what buyers have offered. Do you know anyone offering $66? If so, why not sell to them?

    If they're so sure they'll be worth 50% more in a few weeks why don't the characters making the phonecalls buy them themselves instead of pestering the rest of us. Or perhaps get themselves proper honest jobs.

    What does your mother think of what her son does for a living?
  • Reaper
    Reaper Posts: 7,355 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    It's amazing how both the posters supporting them felt moved to join a forum for the sole purpose of making a single post saying how great they are. Not suspicious at all.

    My advice to posters here will remain as it always has - don't buy shares tipped by cold callers, particularly when those companies are based abroad and not regulated by the UK's FSA.

    No exceptions.
  • nrsql
    nrsql Posts: 1,919 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It's usually fun to look at the company and especially the shares they are touting.

    Often the company that issues the shares have board members with impressive bio's but very little presence elsewhere on the net. Often the company web site was set up in the recent past and registered to someone in the far east or canada.
    Also do a search for text from the web site - it's often copied from somewhere else.

    Remember the longer you can keep these salesmen on the phone the less time they have to prey on someone more vulnerable.
  • Biggles
    Biggles Posts: 8,209 Forumite
    1,000 Posts Combo Breaker
    Reaper wrote: »
    It's amazing how both the posters supporting them felt moved to join a forum for the sole purpose of making a single post saying how great they are. Not suspicious at all.
    Interestingly, the other thing they have in common is that they both registered months before their first post, which was on this thread. Almost as though they were 'sleepers', in place ready to rebuff any adverse comment on their firm should it crop up in the future.....

    Very odd.
  • Biggles wrote: »
    Interestingly, the other thing they have in common is that they both registered months before their first post, which was on this thread. Almost as though they were 'sleepers', in place ready to rebuff any adverse comment on their firm should it crop up in the future.....

    Very odd.

    i would like to know what has happend to my last posting
    as its ok for members to say what they like in here
    i joined the forum to voice a fact but never mind

    just one thing here i was cold called by and agent and i agreed to recieve a second call to talk about investments
    so this company never really cold called me i am sorry

    but i think they are ok at the moment i shall wait now before my next investment
    as i have just today spend money on forex site with a company on the internet
    with a nice little return of 2.24% for 150 days
    very nice deal
    anyway i jioned here today and cant believe the way you all treat people in here

    have a great day
  • dunstonh
    dunstonh Posts: 119,853 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    just one thing here i was cold called by and agent and i agreed to recieve a second call to talk about investments
    so this company never really cold called me i am sorry

    So, in other words, you were cold called and in that cold call you agreed to have a second call. The fact is that it still originated from a cold call.
    anyway i jioned here today and cant believe the way you all treat people in here

    We are just sceptical of people who join up and make one post promoting a service that is either dodgy or a scam and choose to ignore sensible consumer warnings issued by the FSA and the everyone else who knows what they are talking about.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • i can fully understand what you are saying but at this moment in time i am sorry i cant say they done any wrong with me

    yes i did have an agent from england call me on a cold call basis but i had that when i bought my windows
    sometimes it is good to take a cold call or two if people cant except that everybody has to make a living somehow i am an old believer sorry about that
    there is always an answer to a cold call say no they dont call baco
    i have had some 20 calls this week from all over the world

    these people called me from the usa
    and as i said im not sticking up for anybody here but i had my earnings off them or this forum
    ive lost nothing and gained money that cant be wrong
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