Jury still out long-term (imo) Much depends on whether the "new normal" leads to a significant movement of Conferences and similar for physical to on-line. If permanent move on line then FOUR's addressable market potentially in permanent decline |
not a good trading update. will sell today |
Well it was 35 a year ago and 33 just before CV19 so quick answer - YES |
will this go much higher? i bought back in at the recent lows at 1950. i have moved my stop up but could this reach 3000p? |
up 18% today but ho-hum so what? |
Plus cash up to $40m.Can't be bad under the circumstances! CD |
i thought the trading update was quite positive with orders increasing. in 2 minds whether to top up or not |
Followed, very quickly, by another purchase of nearly £200K - it wasn’t me! |
Encouraging to see a large buy of over £100k, just before the closing bell today.I am hoping that, given the highly fragmented state of this particular industry, 4Imprint will be able to take up a lot of the slack left by smaller/weaker competitors, who might, unfortunately, be forced out of business by Covid-related pressures. |
Could have been this?
"Peel Hunt upgrades 4imprint on share price fall
Peel Hunt has upgraded promotional product printer 4imprint (FOUR) after a share price fall opened up a ‘value gap’.
Analyst Malcolm Morgan upgraded his recommendation from ‘hold’ to ‘add’ with a target price of £22 on the shares, which were trading at £17.80 yesterday.
Morgan said market commentary ‘speaks of stabilised, but not materially improving conditions, which in a Covid-19 world is encouraging’.
‘History suggests market recovery can take several years,’ he said. ‘It also suggests that 4imprint outperforms the market recovery.’" |
6% up today; any news? |
Looks like 1800p will be broken in the near term as CV 19 effects on this market sector is still going on.. |
Looks like I spoke too soon - solid recovery from yesterday's low. Maybe yesterday was just "market maker manipilation" to get the share price low? |
Excellent prediction, Sean G. Wish I had taken more notice of it at the time! |
Profits down 99% and divi stopped and the share price is only down 6% so the market treated this well and many must be relieved. Can see the share price at sub 2000p shortly when the enormity of the downturn finally sinks in. |
And eight weeks later, that is starting to look like a well-timed trade. |
hmm. i sold this one too early at 2400. bought in at 1995. contemplating buying back in if price drops but looks unlikely now |
Market like the TU today; up 6% so far.
"As the partial or full lifting of these restrictions began in many US states in May and early June, weekly order counts have steadily increased and are now approaching 50% of the 2019 comparative. Importantly, we continue to acquire new customers and the new-to-existing customer ratio has remained broadly stable over this period." |
US opening up is good news, share price has been holding for a few days looks like the next step up is starting. |
"At least quoted equities are highly liquid, unlike property, "
Don't I know it! I was a (commercial) property developer from 1984 through to Y2000. Despite the ERM debacle and extortionate interest rates, I did actually manage to make money, although several schemes that started out as 'developments' became 'investments'! |
Cloud cuckoo land??
Already at 2000 and well above today. |