Reckitt Benckiser Share Discussion Threads

[citymohawk] 20/3/2013 13:33

sure you are stever, sure you are.

[stever4747] 20/3/2013 11:38

Its a totally fab company and stock
I am selling my house to invest
However while i am investing in this as its fab 25% of my house
75% is going into Unilever ULVR where its even more prospect
So £50k for RB
£150k for ULVR
and rest of sale clears my mortgage then i am renting a house

[citymohawk] 20/3/2013 10:15

There's hardly a day that goes by where the irrationality of human beings doesn't confuse me ;-D

The beauty of this rise is that irrationality compounds itself in both directions. We are currently witnessing unprecedented exuberance on the upside for RB. and this irrationality will reverse and compound itself on the downside too. My initial target was £40 in 2013 but as this climbs the probability of sub £40 increases in 2013. RB. is currently trading at an extraordinary premium to historic premiums to earnings growth. The balance of fear and greed will always rule and you should know which side of the fence you are sitting on.

Good luck though – My shorts are slightly damp but that's more because of the incoming tide of sales as opposed to a nervous release.

[gbb483] 20/3/2013 09:34

There's hardly a day goes by when I don't have to nudge up my trailing stoploss as this stock continues to surge up, up and away!

[stever4747] 20/3/2013 08:44

This is a great stock but from an investment strategy given ULVR will have industry leading results in Q1 then its best to rotate into that where there is more upward scope

[batman9] 20/3/2013 08:09

Reckitt Benckiser Group plc

Irrevocable, Non-Discretionary Share Repurchase Programme

On 18 February 2013, Reckitt Benckiser Group plc announced it was commencing a
share re-purchase programme of up to a maximum 6,000,000 Ordinary Shares of 10p
each (Shares). To date, 2,080,835 Shares have been re-purchased under this
programme and are held as Treasury shares.

Reckitt Benckiser Group plc today announces that it will commence an
irrevocable, non-discretionary programme with Barclays Capital Securities
Limited to purchase Shares on its own behalf during the period which commences
on 20 March and ends no later than 2 May 2013, therefore running through its
close period, 2-21 April.

Any purchases by Reckitt Benckiser Group plc under the programme will be made
within certain pre-set parameters and limits and in accordance with both
Reckitt Benckiser Group plc's general authority to repurchase shares and the
Listing Rules. Shares repurchased will be held as Treasury shares.

[frontrun] 19/3/2013 23:36

After market ooooopppss! Unless the top heavy manipulation continues!
Worth risking at £32?, not currently.

S&P/ASX 200 Poised to Fall Amid Concern Over Cyprus
19/03/2013 23:30

[citymohawk] 19/3/2013 10:15

And theres my volatility spike :) Human behaviour.... you just can't help but laugh.

[stever4747] 19/3/2013 09:20

Rotate into ULVR as their Q1 INDUSTRY LEADING and more scope that this one

[citymohawk] 18/3/2013 13:21

And the bermudas are on. Here's to the pending FTSE collapse...:) Enter volatility.

[citymohawk] 18/3/2013 13:14

agai your posts will be welcomed on the VALU thread :)

[agai] 18/3/2013 08:23

Makes you wonder how they push it out of boundaries and make folk think "we better get in" mentality!
Bubbles always pop.
Found an interesting piece on the Alpha site:



Mar 15 2013

"They" - whoever "they" are - would once again push the Dow into positive territory at the close. "They" did push the market into positive territory.
More importantly I have a commitment to the bear side of the market and that won't change until there is a reason

John Hussman made the following remarks on February 3, 2013:

Present market conditions now match 6 other instances in history: August 1929 (followed by the 85% market decline of the Great Depression), November 1972 (followed by a market plunge in excess of 50%), August 1987 (followed by a market crash in excess of 30%), March 2000 (followed by a market plunge in excess of 50%), May 2007 (followed by a market plunge in excess of 50%), and January 2011 (followed by a market decline limited to just under 20% as a result of central bank intervention). These conditions represent a syndrome of overvalued, overbought, overbullish, rising yield conditions that has emerged near the most significant market peaks - and preceded the most severe market declines - in history. . .

I agree with Hussman. I don't know when we capitulate but I think we will. Hussman closed his Weekly Market Comment this way:

I'll end with a review of how we can expect market psychology to evolve over the completion of the present market cycle. It's the same sequence that I suggested in April 2000:

"This is my retirement money. I can't afford to be out of the market anymore!"
"I don't care about the price, just Get Me In!!"
"It's a healthy correction"
"See, it's already coming back, better buy more before the new highs"
"Alright, a retest. Add to the position - buy the dip"
"What a great move! Am I a genius or what?"
"Uh oh, another selloff. Well, we're probably close to a bottom"
"New low? What's going on?!!"
"Alright, it's too late to sell here, I'll get out on the next rally"
"Hey!! It's coming back. Glad that's over!"
"Another new low. But how much lower can it go?"
"No, really, how much lower can it go?"
"Good Grief! How much lower can it go?!?"
"There's no way I'll ever make this back!"
"This is my retirement money. I can't afford to be in the market anymore!"
"I don't care about the price, just Get Me Out!!"

[citymohawk] 15/3/2013 11:26

peeps or popes?

[stever4747] 15/3/2013 09:52

The peeps are rotating

[stever4747] 14/3/2013 10:25

rotate in ULVR offers far better short run return

[frontrun] 13/3/2013 23:30

The norm is to sell for those in the know while the markets are bubbled!
Fed also got rid of some GM stock recently!!
Matter of time before they bring reality back!



Prudential CEO Strangfeld Sells 15% of Holdings

Prudential Financial Inc. (PRU) Chief Executive John Strangfeld exercised stock options and sold about 15% of his holdings in the company Monday, according to a regulatory filing
The sale comes as Prudential stock this week surpassed $60 a share for the first time since last May




The U.S. Treasury received $489.9 million for shares of General Motors that it sold in February, according to a report sent to Congress.
The sale is much larger than the $156.4 million received from GM stock sales in January.

[gbb483] 13/3/2013 07:27

Looks like you've invented a new username to get past filtering. We can filter that one as well.

[stever4747] 12/3/2013 14:10

rotate out asap as ULVR have the better leveraged Q1 RESULT

[stever4747] 12/3/2013 11:10

rotate into ULVR -as Q1 industry leading result given Jan, Feb and March to date

[citymohawk] 11/3/2013 10:02

batman - I'm still in my pants mate. Yet to get put my bermudas on. I was hoping to do it close of play today, but stupidty and irrationality seem to be a bit too strong out there so will await for a little more vix movement. Will happily post when I'm short again. lol@ £52.50 - i can almost guarantee that BOA are probably shorting this too. Great stock don't get me wrong...I love RB as a company, their ethic, products etc...but I also understand irrationality quite well too :) RB. Will be £40 (or lower) in 2013.

[batman9] 11/3/2013 08:53

Bank of America Merrill Lynch retains buy and raises target to £52.50

[batman9] 11/3/2013 08:49

Citymohawk will be getting burnt in his bermudas.

[steeplejack] 11/3/2013 08:40

Good to see continued all time highs.

[citymohawk] 07/3/2013 17:00

looks like its time to put my bermudas on again... :)