bought 10k more |
Looks like the drop continues…..where is the bottom though? |
We are all entitled to an opinion. |
The shares are fundamentally worthless.
That's just my opinion. |
added another £25k of these |
Another lumpy sale reported late this afternoon, but it was actually yesterday's business. I suppose that it could be William Black selling down, but whoever it is one hopes that they have not got many more to do ! And when he/they have finished we should get a sizeable bounce. |
Then i just cannot think where the selling is coming from ! |
Yesterday it turned at about this level, if you are thinking of buying personally i would not hesitate . |
Where is the bottom though? |
New inhalers to be issued by NHS, this may be reasoning for drop back. 🤷🏼8205;♂️ |
Tempted to buy now it's in a dip on a poor market day. |
Pension deficits can be a great source of buying opportunities. Average (or below average) investors see them and think "OMG the company is bust" without realising that these are exceptionally long-dated liabilities. They literally do not need to be paid for about 30 years, although there are usually annual deficit reduction payments. These are of course drags on cashflow, but they are seldom a cause of insolvency. |
I did ponder buying more myself and perhaps will kick myself for not doing so, but for now, I have plenty even though at this price, far better value than my current holding. |
Buyers finally returning, should finish up today. |
Research tree shows a header of interim target 47p, but the detail needs signing up (maybe paying) to see.Panmure ate the in-house brokers and perhaps optimistic, but it's a way off where we are which suggests 35p upwards in is a current fair price.The pension liability looks quite scary BUT if the numbers are good then perhaps that will ease some of the pressure.All we need now is a few decent orders and investment in new tools etc and we are looking really good. ? |
Anyone got a copy of the Panmure doc? |
Yes very wary but interesting to follow nevertheless PP always seems to give a cautionary slant which I like 20p and I'm in! I'm sure it won't get there though! |
Would be encouraging to see a director buy |
Thanks for that, zho, the article appears to have been published yesterday ( Sunday ) so it explains today's weakness . Shame that Pauly Pilot's followers apparently do not have time to read the Panmure circular that was published on Thursday. |
I held onto mine. Thought PP was unduly severe in his criticism almost suggesting it was bankrupt company only surviving by collision with its bankers. His comments obviously frightened folk off which is a shame for us holders. He seemed to discount that the pension's revaluation will be beneficial to the company |
mesquida - re surprise, see |
bought a big chunk today.
unloved suits me.
tiger |