Useful info hydrogen e. Trouble is it could all be out of the window now the despot has made a land grab for Ukraine. |
A line through the lows from 2015 and 2020 might indicate support (at around 1130), added a few but not at all confident |
Yes, I’m not great at bottom fishing but just a toe in the water first, can add if 1000 area holds, although lower is possible but it may not last long, there would be a flood of bargain hunters imo |
Brave (NY) Boy
I am not confident enough at this level and worried about a third black crow tomorrow - in which case 600 is a possibility. |
Took a few @ 1145p to test the water, looking for a 10-25% over short/medium term |
Capitulation low coming up soon! |
Certainly on a downward spiral, no meaningful buyers, mostly sellers, starts to get interesting around 1000p area imo |
higher revenues but declining profits this isnt rocket science. |
Does Tony Best still hold 26.2% of the shares?
Interesting article… |
Direction of travel is clearly down retest of 1000p quite possible but could retest long term support resistance line some years ago @500/550p area, I would definitely a buyer if this continues to be out of fashion but at those le els a predator could pounce.
What has caused the sell off? Rising rate cycle starting, sterling? Any negative broker reports out recently? |
The BOD is also an issue. Chairman is ex torotrak.One of the NEDs is employed by brokers N1 Singers the CEO is obviusly feeling underused as he is also a non-Executive Director and Senior Independent Director at Tracsis plc. WTF |
1000 looks a distinct possibility to my untutored eye. |
Makes you wonder about a return to 1000! |
It was 'further to fall' glad I wasn't tempted - can't see a floor |
Sadly, since Tony Best has not been at the helm, this company has shown contempt for it's shareholders and the current management have closed their curtains to their Investors.
Very poor Investor Communications! |
I am not usually minded to post, however...I sold all my ABDP stock over the last few months save a 100 for now. I was an early investor at 267p and later at 750p when they did a raise back in the day. In a nutshell i dont like the continued erosion of margins and the eyewatering hike in SGA costs. The notable lack of comms to PIs makes it so hard to find out what is happening to the company. No one writes on them, no one posts on the chat boards. I know someone mentioned on here that dont put too much credence on what is posted on Glassdoor. But the company does as its starting to respond to neg posts. Institutions who came in at 2250 p cant be happy. The old CEO and Chairman engaged with the investor community and a broker collegue rated the team highly at the time which got me onto them in the first place. |
Difficult to call With the market as it is probably further to fall |
Double bottom or further to fall? |
Tend to agree Toffee |
I will wait - I don't think the market correction is anywhere near over |
I've been doing some dummy trades and the price offered has actually been falling during the day |
aw too late ...its gone back up. |
Crikey not yet - market correction not done methinks |
so below 1500 fancy getting back in Toffeeman? |
1500 would look a good price to buy back bwtfdik |