Sold a few more, the chart is overextended imo |
Not putting a ceiling I don't know where shareprice going up or down. |
Monty.....I think you're quite brave to put a figure on the ceiling share price here. The chart ascent is pretty steep now and you know as well as I do that markets always overdo it on both the up and downsides. Absent a big change in market sentiment, wouldn't it be safer to make that kind of decision towards the end of the buyback period? |
No one can forecast where a shareprice going all probability.Most analysts have targets in the 3000p plus, Jeffries having 3500p target, to me of course bias but 3250p is my target. Just collect massive dividend every 13 weeks, while we wait, that's my thoughts. |
According to my calculations over 21 million shares have now been repurchased and cancelled. All looking very positive this baby just keeps rising and rising. |
I see the share price has just had the booster applied upwards again just now |
Where do you think this is heading Monty? Previous highs? |
Volume looks high, are the buyers coming in. |
ADR down in the pre-market |
Didn't get the bounce from the ADR spike last night. Often happens that way |
The ADR spiked up at the close in the US. Will there be an increase in the morning. We shall see |
Marshal Wace, short since 31.07.2024 and going the wrong way for them, looks very expensive to cover that one at 0.6% from 2750 pence..
The buyback is ongoing to 14.10.2024 (for this round) then another GBP900M in 2025.. |
I see a hedgie short 0.6% of bats, according to shortracker good luck to them especially with ex div looming. |
It will pull back 58 pence at the open for sure on 26th, but with the buybacks taking place and demand pull it may well recover most of it inside the day, we will need to wait and see.. :o)
The candle printed 25.07.2024 was a cracker on the announcement of the BB, but nothing goes up in straight lines, pull backs are normal events, 3000 pence will arrive and fall before or after the next XD.. |
In theory they normally drop the dividend amount or even more.But this time I don't think so, Bats are so strong and look good value. The massive pivotal and psychological level of 3000p, big resistance especially from bears, don't know if you remember 2022 this happened, then went straight through 3000p no problem.Never know, history may repeat itself, unless black swan event for the whole market.Buybacks will help. Just my thoughts. |
What do we reckon the drop will be when we go ex dividend? Not that it'll stay down long. |
Bears who have been well and truly stuffed, must be thinking don't pass 3000p, I would imagine stop losses would kick in and power BATs right through 3000p, especially with ex div day looming.I hope i'm right. |
If the Pound pulls back then 3200 is the next target this year |
Primed and ready, will it pop through the 3000 milestone this afternoon..? or before XD 26th September..
Goldman Sachs International to purchase ordinary shares of the company commencing on 25 July and ending on 14 October 2024.. |
2.30pm interesting will the yanks, come in. |
momentum here is lovely. Very happy supermarky. |
Yeah it's looking nailed on that it will have a stab at 3000 very soon.
Wouldn't bet on a break and hold though at the first time of asking but stranger things have happened.
Good luck all 👍🏻 |
BATS 3000 this week, or maybe even today after US open.. :o) |
Nothing goes up in a straight line of course, but nice to know when there's a pullback, Bats brokers are in there buying. |
You said they said 6600p 2026, I remember the one I read in Nov 2023, fair price on a discounted cash flow model 7456p.Now either these in a few years time I think would do us, lol. |
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