Ramsdens Share Discussion Threads

[yump] 21/11/2019 00:31

Re stops - I think the ones that don't come back have previous warning signs, such as lower highs and lower lows and its very important to consider the state of the overall market.

I've 'lost' quite a few gains in the past by using a stop on a share that is in an uptrend when it drops, in a bull market, getting caught in the when to buy back quandry.

"Normal price volatility" pretty much sums it up, as I guess you could say that if the overall mood of investors has changed in any significant way, the drop or series of drops will show it.

Where you draw the trend line is important as well. Uptrend since end 2018 here is intact, but you could say that since 2017 its levelled out, so are the company's prospects the same at both dates. If they are, then you're just left with the state of the market perhaps being an issue on the two dates.

I'd say there's a heck of a lot more worry now than end 2017, but prospects for RFX are better.

[rivaldo] 20/11/2019 15:38

200p up now after a £20,000 buy at 201p. Hopefully 210p and perhaps new highs soon given that weak holders have now been shaken out.

[qs99] 20/11/2019 15:05

Good solid buying again today...let's hope more from HAT join in here instead

[qs99] 20/11/2019 13:06

Lovely....will we get to new highs? Will H&T investors look to RFX now?

[qs99] 20/11/2019 11:40

Looks like we are now heading back to £2+++ IMO...DYOR

[henryatkin] 20/11/2019 11:03

DavROs .... I stopped using stop loss & now use news only. My performance has improved by continuing to hold pull backs that have no fundamental bad news. I found nothing more frustrating than being stopped out of good companies only to watch a quick share price recovery

[qs99] 20/11/2019 10:50

Indeed, not an easy one if you don't follow regularly....but this now looks UV IMO below previous high DYOR

[davr0s] 20/11/2019 10:43

If you don't have a stop loss set then your stop is at zero

[stevegrass777] 20/11/2019 10:42

Glad I don't have stop losses, sometimes you have to wonder why share prices tumble just before good news or good right ups.
Happy to hold here. Good company progressing nicely, with a chance of Gold firming in the future could give us a nice lift.
Quite defensive really.

[qs99] 20/11/2019 09:10

understandable given competitor RNS, but the RNS today, should IMO bring the buyers back out, not massively appeared as yet! DYOR

[fozzie] 20/11/2019 08:56

It ought to, last few days is laughable imo.

[qs99] 20/11/2019 08:48

Will it get back through £2 today?

[qs99] 20/11/2019 08:35

Riv, agreed, good to see RNS....next update should also help settle the ship, but surprised not more buying given 10% fall....DYOR...have bought some more

[yump] 20/11/2019 08:33

Nice to have some folk on here that know the business

[qs99] 20/11/2019 08:29

nice opp to get in

[basem1] 20/11/2019 07:19

Great that the boards interests are aligned with shareholders. Good to see, very well played guys.

[rivaldo] 20/11/2019 07:07

And there we have it - confirmation of the over reaction. Plus confirmation that trading remains nicely in line. Back to 210p sharp-ish then:

[terry236] 20/11/2019 07:06

Well done to the board for releasing this RNS, as holders we already knew this however the market seemed to lump us together with HAT. Should see the share price halt its fall and hopefully start its climb back to previous highs

[fozzie] 19/11/2019 17:27

Wow that is a ridiculous over reaction to non news if ever i saw it, bonkers!

[yump] 19/11/2019 16:01

If RFX had followed the price of gold I think the share price would be considerably higher. It was at this level in March. It would also take a lot of investors to be linking RFX directly to the gold price to move the share price when the gold price moves.

Looks more like the initial drop of 5% triggered a fair number of trading stop-losses. I can't imagine with the now old worry about recession, that lending defaults have suddenly become a new worry. If it was then busiensses like MCL would have dropped a lot, although to be fair, their share price has been kicked after Woodford sold a chunk.

Could be just that old thing of shares going up and down.

btw I promise not to post that a share looks like it is about to breakout again. That seems to be a contra-indicator.

This is doomed ;-)

[rivaldo] 19/11/2019 15:58

Thanks again henryatkin, very reassuring.

RFX should recover quickly if the markets cotton on.

[qs99] 19/11/2019 15:48

topvest: I am unsure at moment. Brexit gets done and could see a lot of money "unlocked" with certainty.....likewise a BJ majority....

RFX is a different beast to H&T as henry says above, likewise small part of what they do, but there is a big old APR I suppose.....

Not sure a % or 2 reduction in POG should have a c.10% fall in RFX price. Would be good to get the next update from them which is due soon I believe?

DYOR

[basem1] 19/11/2019 15:47

Timing is everything

[basem1] 19/11/2019 15:44

Scary stuff

[henryatkin] 19/11/2019 15:07

HAT's KwickLoan is totally unsecured for up to 12 months unlike Logbook Loans. Thats the rub with HAT maybe not making sufficient research into clients financial abilities to repay the loan. That in turn can drive the client into IVA or bankruptcy.

RFX Logbook loans ensures the client has ability to repay from assets if cash repayment defaults. RFX clients can not be driven into IVA or bankruptcy as a result of defaulting on their repayments. In this respect HAT loans & RFX loans are entirely different.