Brown (n) Share Discussion Threads

[rathean] 18/7/2018 15:31

I don't see where this is going to bottom out. Could be this is now oversold and there will be a strong rebound but having read the last TA this could be a re-rating based on losing its high Street estate, slowing sales online and pending exceptionals might result in a divi cut.I'm going back to a watching brief, could miss out on a rebound but the chart looks terrible imo.

[nav_mike] 18/7/2018 15:12

Now valued at £12m less than the last balance sheet value...so market presumably thinks company is now loss making?

[nav_mike] 18/7/2018 11:58

Here we go again...another 2.5p down on 69k volume

These trading bots are absolutely killing this share

[citytrader66] 17/7/2018 19:57

i was a little nervous buying today (AGM day) as you never know if there is a big seller out there. as you say was that 80k a buy or a sell? its a late reported trade. the UT trade was on the positive side so that was good.

rathean - kicking myself a little for not buying TALK at 108p yesterday. my rationale was as i sold couple of week ago at 109p (pre-dividend so missed out on 1.5p) and i'm out i should stay out and not buy a day before results if that makes sense. there was a small window to buy at 112p early this morning. i got up early before 7am too just in case the results were bad!

we are due a bounce here soon. there is some upside potential. if the share price can get back above 200p it could signal the end of the trend down from 350p late 2017.

[nav_mike] 17/7/2018 17:36

There have been a few of these largish after hours off book trades recently, and I must admit I do struggle to interpret whether they are sells or buys

Today there is 80k at 162.02 a few mins after the UT

Is this a sell and the reason for the constant downside pressure, or is someone mopping up stock that is freed up during the course of the day?

[rathean] 17/7/2018 14:55

SBTX not SKIN.. doh

[rathean] 17/7/2018 14:54

I'm riding the SKIN and TALK ride today, will reassess this one later... falling channel starting to make previous short term bounces more challenging but I could be wrong, perhaps an inflection point soon?

[citytrader66] 17/7/2018 12:32

wee top-up for me at 161p just before US markets open. pray for me :D

12:17:19 161.0748 2,700 O 160.6000 161.1000 Buy

[rathean] 12/7/2018 16:44

125000 share buy in the auction, makes my several thousand look like chicken feed. Added a few more at 161.3, right up against multi year support so should be an interesting end to the week.

[citytrader66] 12/7/2018 15:35

i got some more in the low 164s thats me done for now. i'm seeing more buys than sells yet share price drifts lower. there was a big 25,000 buy earlier. i think close above 164 but WTFDIK.

[rathean] 12/7/2018 14:29

I can't get out the door without getting dragged back... in at 163.4, off we go again.

[nav_mike] 12/7/2018 14:27

The whole damn SETS book is being dominated by these damn trading bots with their constant orders of a few hundred shares

Theyve managed to push this down 3p on volume of only 100k

[citytrader66] 11/7/2018 17:17

back in for a few (4000) @ 165.5p. if no bounce 2moro then maybe Friday will be an op. to top-up in the low 160s. but 165p should hold, can't see it going much lower. either way its a win-win.

[nav_mike] 10/7/2018 16:24

Your timing has certainly been impeccable on the last two occasions :)

[rathean] 10/7/2018 16:20

That's my margin reached, gla, see you again soon I'm sure :)

[rathean] 09/7/2018 10:09

It was an interesting discussion point. The other idea was a high street dinosaur taking a look but they have universally poor short-sighted management so that was poo-pood very quickly.

[meijiman] 09/7/2018 09:48

Not sure about that but I believe some re-rating is on the cards as it becomes recognised as an online retailer.

[rathean] 09/7/2018 09:34

An interesting discussion point from the weekend with my peers, when this becomes a pure online play would a buy out of or by BOO be realistic? BOO under pressure to keep up with its growth rate, it's core brand slowing but supplementary brands like PLT going through the roof.Pure shameless speculation of course but online consolidation is the natural market maturity play whether it's near term or one for the next decade.

[rathean] 09/7/2018 08:17

Back in at 163, expecting long term support around here to hold and see a bounce into the 170s on any general positive market sentiment imo.

[citytrader66] 06/7/2018 22:10

british bulls posted a SHORT signal today at 168p. it was only a couple of days ago it posted a BUY signal! share price all over the place.. i did very well trading the swings. its made up for a poor trade elsewhere this week.

165p support area. a close wee bit below it today.. not great. fingers crossed for a bounce on Monday. if not i will look to add to my positions if i can release some funds. quite a poor day for stocks not just BWNG. i bought some shares in CTEC at a price i've not seen since late last year.

[linton5] 06/7/2018 17:47

Total pi—take for sure

[nav_mike] 06/7/2018 16:16

What a weird 2 days...were we just being toyed with yesterday? lol

Normal service apparently resumed

[rathean] 06/7/2018 15:32

Tempted but I'm going to sit on my hands until next week, far more comfortable keeping it in cash just in case Trump declares war on Mars over the weekend.

[citytrader66] 06/7/2018 11:56

back in for a few at 165p avg. 173.5p pre-dividend i think.

back in rathean?

[rathean] 06/7/2018 07:44

Sold out at 171, pleasant gain on the day. Back off to play with pharma now until my sub 166 alert is triggered again here, gla.