You could equally argue for it to be an accumulation pattern. |
On the daily chart it's range bound atm I class it to be trading in a bear flagBut charts can deceive?? |
What's a bear flag please
I don t think its what I want to hear at least not until dividend is paid into my account.
Bereft of funds at moment. |
This seems to be in a large bear flag time will tell?? Anyone's guess |
Apart from GLEN. |
I've seen that trend. Same in Diageo (DGE). I hold both. Thinking I might sell some Diageo at 08:05 tomorrow and buy same value back at 16:20.
Just need to get up in time. |
,,,,,, and such a great start to the day we're getting back in the trend of afternoon decline, waiting for £30 target then offloading how long that will be is anyones guess!! |
Yes payday 2nd May, then 13 weeks until the next dividend, I like it, better than every 6 months, lol. |
Anything and everything is struggling to make any headway. Rapidly running out of puff(sic) the nearer we get to dividend landing in the accounts
I expect a flurry of activity over the next week and even though I have long given up the weed will continue to hold for that awesome dividend. |
Nice to see a tick up but as far as I see just sideways swing?? |
Last weeks buys at 100 pence lower not looking so bad today, a good day to be holding BATS/IMPS.. :o) |
The weak pound helping ftse 100 dollar earners. |
Dividend reinvestment coming 2nd May they go up, always happens, lol |
#Action, until late 2023 getting a 4/5% return on cash was not an option, so un-invested cash was not bringing in any dividends, now the tide has turned so it makes more sense to have a higher proportion of cash ready and waiting, each to their own weighting, 10% is sensible just in case any bargains come along, BATS coming off from 2900 to 2300 on the write down was just 1 of those events (IMO), buyback secured for 2024/2025, ITC holding reduced, debt reduction in progress, further divestments likely, resulting in more of the same..
PF results are of course measured over a FY, anything can happen.. :o) |
Sorry I mean recon AGM next week? |
Agree. But as a trader I like cash to reinvest when share price weakens ie in case of BATS 2900p to 2280p. Also I recommend there is AGM next week?May see some share price movement up or down. Be ready to pounce. |
#Monty, outside of gravity, compound interest is the most powerful force in the universe.. :o), 10/20/30 years of pulling power and the results are a thing of beauty..
Had a few more here last week, last batch next week and let it ride for a decade.. |
Cash is king, but dividend compounding eighth wonder of the world according to Einstein. |
I always take cash divi. Cash is king. |
I was take cash divi |
I will be happy if under 2300p on that date, for the dividend reinvestment. |
Divi due on 2nd of May |
Don't worry about shareprice unless your trading it. Buybacks until end of 2025 if I read it right, also tender offer to buyback 1 billion pounds of bonds. At this low price great for buybacks, last year would have cost a fiver a share more. |
Only another 5% drop since the resident Buy High and Sell Low expert Topazfrenzy was pumping this with tales of doubling. Now the rhetoric has changed to "Lets collect the divis".
I do laugh at he/she/its ability to get it wrong 100% of the time. |