Colt Telecom Share Discussion Threads

[dickbush] 14/10/2014 16:43

Strange that DB should raise their target price by 10% but reduce their recommendation to HOLD from BUY. I'll never understand stockbrokers recommendations.

I started to short against my long term position a while ago but didn't do much as the price turned down. I'll close that on any further weakness and look to start another trading long position further down.

[dickbush] 14/10/2014 11:36

It does mean that she goes from being an important input on areas of the business that weren't under her direct control to directing the whole business. Asset management was under her control previously and so she must be well informed about the drag on performance by Colt. I can but hope that she takes a more aggressive attitude towards the holding.

[dealy] 14/10/2014 11:16

this has fallen 20p on just a few hundred thousand shares being traded.

[dealy] 13/10/2014 21:51

markets are just terrible at the moment. such a sell off in recent weeks. extremely painful...

[dickbush] 10/10/2014 17:43

robwt, I've been wrong for a long time now but I am assuming that Fidelity will either change the top management if they still believe in the business or sell it off if they don't. The operating performance of the company since fiscal 2010, at least, added to the subsequent performance of the shares, has been so poor I can't believe it will be left untouched for very much longer. The changing of the guard at Fidelity that palace andy referred to earlier raises my hopes. Arguing against this, of course, is the tragic performance of Europe's economies which, no doubt is RB's argument for why Colt has performed the way it has.

[robwt] 10/10/2014 16:46

DB I agree with your post, but I sometimes find it hard to figure out how the LSE allow the shares in a FTSE 250 company to be manipulated this way.

We didn't see this type of a ringed market when the euro was worth 66p. It seems to verify that the trading in this share is rigged. Either that, or Colt have an infrastructure that is worth diddly squat.

Smoke and mirrors and marketmakers.

[robwt] 10/10/2014 10:05

Colt have fallen from 140p to 124p in the last couple of weeks. The whole volume of shares traded wouldn't constitute one trade in Vodafone. MMs at work marking down on the sentiment in Europe. It is a bit of a farce really, who is selling Colt in the big sell off...nobody as far I can fathom. A false market!

[dealy] 10/10/2014 06:04

no share is safe in a market sell off like the one we have just had. unbearably frustrating.

[mirko] 09/10/2014 16:47

Ohne Worte

[dickbush] 07/10/2014 10:13

Third qtr IMS due out on the 23rd. Note that the Calendar now goes through 2016.

[dickbush] 01/10/2014 11:09

Strange that it doesn't mention Peter Lynch among its Hall of Fame.

[palace andy] 01/10/2014 09:16

I have no idea if and when Colt will be sold but I do know that with Abby Johnson taking over the helm at FMR, there is a very different view on certain strategies within the company.

[robwt] 30/9/2014 21:24

I suppose that these funds like Ruffer and the other large holders of Colt are really disappointed in the fact that Colt have been a great disappointment.

I will hold on because I still think that Colt is a an undervalued stock. I still believe that Fidelity and the dinosaurs who run it are to blame for a the demise of the share price. I hope they sell it to to someone who can see the real value of it's multi billion pound infrastructure.

There is a steal for whoever sees the real value of Colt.

[dickbush] 30/9/2014 11:02

Hi, dealy. Good to see you back here. A much smaller trade but I see Ruffer has turned seller. Clearly, not so patient. Or, perhaps, they are just sellers of the market and not just Colt. I sympathise. I sold out a big holding, unfortunately, not Colt, at the end of August.

The Euro continues to weaken against Sterling. So it isn't too surprising that Colt is weak.

Did anyone notice that there are now some 1.3 million more shares in issue than a year ago. I wonder how many went to top management.