Pace Plc Share Discussion Threads

[sikhthetech] 07/12/2016 23:40

Objection Overruled... ;-)
Your defence case is weak Mr 1gw...
Gagging orders in place.... lol


But outside of the formal gagging order... :-)

I do agree with you... I too feel a lot of investors probably see $30 as their physcological 'sell' point.. or at least near to it... especially, as you say, given the share price was over that point at the start of our adventure with Arris...

However, given the brokers views and targets, how much higher can it go before fy results??
Crucially, we also have the 'real' Christmas just around the corner, so maybe some will be thinking of selling to treat themselves or for NY cheer....

I've still got 2 lots to sell..around 20% of my initial holding...

I'll take Alex's advice 'wait another day'...

[1gw] 07/12/2016 23:16

In my defence....
....I would say the point I was making the other day was that the share price tends to move quite quickly between 50c markers ($29 to $29.50 for example) and that having got through the $29.50 one the next target was $30 which I thought might need a bit of "oomph".

If you look at the Arris International share price history in the chart above you can see it started life (at the start of this calendar year) at just over $30. It soon dropped below $30, flirted with $20 and hasn't yet made it back above $30 on a closing basis. So I imagine that a fair number of shareholders who held all the way down might have decided that they will sell some of their holding if it ever gets back near $30 again (a bigger "psychological" mark perhaps than £4 or £5 was for Pace). This (predicted) selling pressure is what needs "oomph" to overcome (in my opinion).

Without tempting fate by suggesting that we're going to crack through $30 tomorrow, I will repeat the question I posed before. IF we do break through $30, what then (in the absence of market-moving news)? Is it reasonable to think that if this (predicted) selling pressure around $30 can be overcome then the share price could make quite substantial further gains (without news) as the weight of momentum buying becomes the dominant factor?

Myself, I have a "psychological" mark at the equivalent of £5 for Pace, but I doubt there are enough of us carrying that particular level to cause much resistance at whatever the Arris equivalent $ price turns out to be on the day.

Go on, take your best shots!

[sikhthetech] 07/12/2016 21:19

yes, nice end to the day... Christmas...

only because 1gw kept quiet.. ;-)
Quick someone gag him until the results... ;-)
we need his expert opinion when results are announced but not beforehand...lol

[alexmcdonald] 07/12/2016 20:51

It's beginning to look a lot like .........

[alexmcdonald] 07/12/2016 16:25

The main difference is that the confidence index today will be much higher because we are circa 3 weeks away from quarter / year end.

[andyble] 07/12/2016 15:40

I reached same conclusion about that article, and I too will not talk about this curious spike, something clearly got excited pre market so what is the rumour I wonder!

[1gw] 07/12/2016 15:30

Yes and in fact on Wednesday October 26th (3Q results day), 2.4m shares were traded and the share price finished at $29.53. So I think the computer may have got its wires crossed with that article.

Still, it stops me talking about today's share price. Oops!

[sikhthetech] 07/12/2016 15:28

1gw, thanks...the article doesn't look right, does it???
It says Arris updated on Wed morning but the article is dated Dec 6th..

So guidance hasn't changed...
Back to sssshhhh then ;-)

[1gw] 07/12/2016 15:22

STT - the guidance reported in that article looks like exactly the same guidance that was given with the 3Q results call - i.e. $1.675bn to $1.725bn adjusted revenue and 68c to 72c adjusted net income per share. The mean and median analyst estimate according to the Arris site is 71c.

[sikhthetech] 07/12/2016 15:13

Arris updates on Q4 guidance...

[terminated] 07/12/2016 15:07

Indeed....

[alexmcdonald] 06/12/2016 19:53

Terminated - You should have waited one more day!!!
Rose-colored specs again maybe???

[terminated] 06/12/2016 16:09

Damn just sold some at 28.60 thinking it said 29.60. I should have gone to spec savers....

[stampylong trader] 06/12/2016 11:25

yay it worked

[sikhthetech] 05/12/2016 21:15

See, they would've finished at $30 had you not spoken...You can speak now...;-)

[bashor] 05/12/2016 16:33

Not a word

[sikhthetech] 05/12/2016 15:12

ssshhhh...

[1gw] 05/12/2016 15:06

I'll keep quiet today, shall I?

[freddie01] 04/12/2016 09:48

Along Main Street (Encino, NM) by Helen Johnson



‘Sands of Time’ - Astoria Shipwreck by Gavin Hardcastle - Fototripper



Rain from a plane’s perspective



While this photograph of a seemingly regular house may look unassuming to you, located twenty-six feet beneath this modest two-story suburban house in Las Vegas, Nevada lies a 5,000 square foot doomsday bunker.



It comes complete with a four-hole golf course, a sauna, a jacuzzi, a barbecue, and a swimming pool, and was designed to be able to withstand a nuclear explosion.











It was purchased by a mysterious group called the Society for the Preservation of Near Extinct Species for $1.15 million in March 2014.









Scott Robertson - Binnein Beag through Steall, Scottish Highlands

[freddie01] 03/12/2016 09:47

it’s raining again by Fab. B on Flickr.



“Lucy in the Sky with Diamonds”



starlight tracks



Gosau Village, Austria



Snowy Night, Bulgaria




Surreal Sunrise by EOSXTi on Flickr.



Sunset, Cable Beach W.A by Symoto on Flickr.



Lynmouth…