Brightside Group Share Discussion Threads

[scuch] 13/5/2005 13:59

How come the sudden jump again?

[quickmind] 13/5/2005 09:06

Moving up nicely.

[carer] 12/5/2005 15:09

I think the share has a very good long term prospect and it seems the company has a clear strategy and is well run. Not quite sure why the share went down, some people are playing the chart game. It should go up soon. It is just matter of time. It worth holding even for dividend yields year on year. the downside is limited. i hope to to buy some if it did go down more.

[quickmind] 11/5/2005 13:03

I expect to see a bounce back from here. BUT if 440p doesn't hold, next stop is likely £4.00.

[hillbrown] 10/3/2005 08:38

Century. Another nice bolt on acquisition today. "Will achieve 12 % return and increase divi paying capacity"

[greenpastures] 01/3/2005 14:04

Yes- partly. I added second contract for £10 a point at 484p a couple of weeks ago but decided to close it yesterday at 476p just in case the results were disappointing. However, have decided to run the first contract and may keep it for the medium term, say a year. Haven't decided yet. If I see a big spike up I guess I will get tempted to close it.

[eastbourne1982] 01/3/2005 13:44

Well it took a lot longer than I initially anticipated and looked incredibly dodgy at times however I have just closed my long at £4.95p, overall for a 19 point gain.

Greenpastures - Are you going to continue holding.

[hillbrown] 01/3/2005 08:26

Another boring day with Britannic.

I said 15 Dec'04 - 12:22 - 196 of 226 edit

i'M IN THESE FOR THE LONG HAUL FROM 278P.

Cant see any reason to sell these whatsoever. When these hit £6+ next year then maybe it should be considered. They remain my biggest holding and I will continue to add once they go thru 430p. The charts and momentum are with us.

After todays results I'm even more convinced. Somenbody else said this could be triple bagger. Thats 834p for me. Not beyond the realms with a two year time scale PROVIDING a smash and grab artiste doesnt try to nick it.

[greenpastures] 17/2/2005 13:07

redsquare- what premium do you consider reasonable for a company such as brt to be trading at to nav. A 40% premium puts a value on the share of £5.30. Is that too much of a premium though?

[red square] 17/2/2005 12:43

On the basis of a 380p NAV, still improving equity markets and the prospect of a future takeover I bought again at 470p.

Must say I found it easier to buy at 160p 2 years ago though lol

[greenpastures] 16/2/2005 19:49

I don't know what to say I am afraid. Not sure how to value it which really means I should not be investing in it. I did so on the basis of an FT report in September 2003 which said something along the lines I believe that if the shares doubled to £6 it would be yielding at some point in the near future 6%. But please don't take my word on it, this is one of my smaller investments and I have not devoted much time to analysing it. If any one has any ideas on how to value companies such as this I would appreciate hearing about it.

[red square] 16/2/2005 12:20

now at 468p, am tempted to buy once more, any views?g

[greenpastures] 15/2/2005 16:09

Eastr- any thoughts to tghe pullback to around the 470p. Is it just a run of the mill correction or is it take-over premium reducing?

[greenpastures] 10/2/2005 16:41

Thanks East. I will look into adding tomorrow. I was tempted to do so this afternoon but if it had dropped to the 460p level I would have seen much of my banked profits disappear.

[greenpastures] 10/2/2005 16:38

It looks as though 480p could be the new support level, at least for the moment. Price seemed to have bounced off 478p nicely late this afternoon.

[eastbourne1982] 10/2/2005 16:38

Green, I averaged down a couple of times during the afternoon so am now sitting on an average long of £4.84p, target still £5 within the week. Have a good evening.

[greenpastures] 10/2/2005 13:45

Not bothered by the tiny sells. Just noticed that there seemed to be alot of them. Could be a good sign if there are few large sellers and the selling is due to investors holding left overs or whatever are deciding to tidy up their portfolios. But I am only guessing.

[eastbourne1982] 10/2/2005 13:40

Green - As things stand the current trading range is between £4.85p and £5.15p, I took out a rolling bet, therefore I am obviously looking at the immediate future, i.e. to have closed in the next week. You have taken out a much longer bet so why are you so bothered about a couple of tiny sells here and there. As I say I am looking for just over £5 (and am relatively confident), this is currently a great trading share.

[greenpastures] 10/2/2005 13:26

Seems to be a lot of small sales going through.

[greenpastures] 10/2/2005 12:52

Having traded this a couple times since the beginning of the year via spreadbets I reopened a June long position at just under 502p. I would like to see where this settles out before adding more though.

[eastbourne1982] 10/2/2005 12:36

Just gone long at £4.86p, looking for just over £5 in the short term.

[red square] 03/2/2005 13:01

big rise in the last hour or so to 517 - may be a response to resolution life looking at HHG

[greenpastures] 27/1/2005 20:00

Having bought back a June sb on Monday at 478 p I decided to be cautious on Tuesday afternoon and closed it at 493.5. I wasn't sure if it was the right decision but I must admit I am not that confident of my valuation methodology for an investment company such as Brt. I now have the opportunity to look at whether I should re-open a bet.

The FT in analysis in September 2003 was talking about a prospective 6% yield I believe at a share price of £6.

[hillbrown] 26/1/2005 17:13

Yes, it seemed frothy. Did a CFD sell at 504, decided I had got it wrong and and bought back at 496. It seems to have gone up very quick for a boring old insurance company but I aint complaining and neither am I selling. Its my largest holding from 278p and up. As Neon say, it could be a triple bagger.

[red square] 26/1/2005 09:43

touched 508p earlier this morning - normal bid candidates OM mentioned zzzz. :)