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Real-Time news about Individual Rest (London Stock Exchange): 0 recent articles
|ialwayswinatmonopoly: Results our 29th September. Directors are expecting them to be 'in-line' which means that the share price will take a tumble.|
|ialwayswinatmonopoly: If the share price goes much lower I can see Walker and his cronies buying more shares ha ha ha.|
|ialwayswinatmonopoly: This sector will continue to show 'slow down' as the British economy continues to feel the pinch. Premium dining out is perhaps one of the most precarious of the investment area's in a turning economy.
Don't be fooled by the figures. The growth of profit year-on-year is a distortion. This years figures are compared to last years figures which included a disposal write off.
This company is not performing well in it's sector which as a whole is not performing well.
The figures only look good because they are compared against an extraordinary pre-year.
Walker is bullish in his statement that accompanies the figures because he needs to start to work the stock market to get the shareprice up for his (and is teams) exit. Walker is an entrepreneaur and whos sole objective is to make money. You will have noticed that he bought over £1M of shares when the share price was at it's all time low (only stayed at the price he bought them for a couple of days, compared to the various flat-line patterns that you observe in this shareprice chart!!!). That is hardly a demonstration of CEO confidence in his company but more than a person who knows when to punt. All the share purchase means is that Walker thinks the shares are worth at least 69p (Big deal!)
We need to see impressive figures from here on in to be convinced that Walker and his team are really onto something good. I am reserving judgement on this issue until at least the first interims this year. The restaurants will have to be outperforming competition in the same 'premium dining' league before his words are to be believed.
Wait until Walker buys shares when the price is RISING and then we'll see confidence in the company.|
|ialwayswinatmonopoly: Its official. Todays price increase marks the first day of a share price increase in over 8mths.
I've stopped trying to predict the movement of this share. It's completely irrational!
It is too early to say that 66p is the support?|
|ialwayswinatmonopoly: Share price suffering from a re-rating of the entire leisure industry sector. This share should find support at 60p Arrrrrh!|
|ialwayswinatmonopoly: The management is excellent
Their market place within the industry is the fast growing (estimated 9% for 12mths from December 2006)
The brand is amongst the strongest in the premium dining arena
Yet the price drops.
I suppose the analyst are wanting firm evidence that they can expand at a controlled and profitable rate. This won't materialise (the evidence that is) until the next results. In the meantime the air will continue to seep out of the share price.|
|ialwayswinatmonopoly: Share price holding firm in this volatile market.
Results out at the end of the month. Should prove a good insight into where the company is and hopefully will accompany a trading update/outlook.|
|ialwayswinatmonopoly: The market makers have a pyramid stock pile, which means that they have an allocated amount of stock at each price. Once the amount of stock has been stripped out at a certain level (i.e., bought and not replaced by sells) then the price at the next level of stock is triggered.
Let's say that the stock levels were 100,000 at 158p, 80,000 at 159p & 65,000 at 160p. The less number of shares are in the MM's hands then the higher the share price. Now, if all but 1,000 shares remain at the 158p level and you wanted 10,000 shares then you will be quoted 158.9p for your order (i.e., 1,000 at 158p & 9,000 at 159p).
That's why you sometimes see no trades for days and then an a single 'buy' order for a modest 1,000 shares goes through and the price suddenly jumps up a penny! This is because all the shares at that level have now been taken up and the share price automatically moves to the next stock level.
If, as we have seem in recent weeks with this share there appears to be a considerable amount of selling and the price doesn't drop then this is either due to the MM's been happy to have a better position with the stock or and perhaps more sceptically there is a huge order in the hands of a broker/Market Maker and the sold shares are filling the massive order (only when the order is filled will the 'buy' transaction be released to the public and depending on the size of the 'buy' order then the identity of the purchaser is also revealed (i.e. notifyable interest).|
Individual Rest share price data is direct from the London Stock Exchange