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Share Name Share Symbol Market Type Share ISIN Share Description
Ergomed Plc LSE:ERGO London Ordinary Share GB00BN7ZCY67 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -50.00 -3.42% 1,410.00 1,415.00 1,435.00 1,480.00 1,405.00 1,450.00 56,399 16:35:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Pharmaceuticals & Biotechnology 86.4 12.6 20.0 70.5 689

Ergomed Share Discussion Threads

Showing 776 to 800 of 950 messages
Chat Pages: 38  37  36  35  34  33  32  31  30  29  28  27  Older
DateSubjectAuthorDiscuss
12/11/2020
09:41
Clearly you have not read my earlier post pal - if you did you would think twice about your capital letters. Good luck.
tongosti
12/11/2020
06:32
Cast your mind back to update on the 21st July 2020.Reports "EXCELLENT FIRST HALF " It now expects EBITDA for the year ending 31st December to be "MATERIALLY AHEAD " of current market expectations.Price today now at 790p ....is that materially ahead ..I DON'T THINK SO...DO YOU???Happy investing.
bramble13
10/11/2020
14:13
there is no shame in making a mistake only in not rectifying it. Well I did a mistake reinitiating yesterday and just covered the whole lot. -8% on the trade (translating into a -0.6% at account level) but never happy to give a suspicious trade the benefit of the doubt. Always live to trade another day folks.
tongosti
09/11/2020
09:29
Get in there!
germanbanker
09/11/2020
09:27
Worth biting the bullet - got in again. Half of my usual size as per your observation but happy to give it another go.
tongosti
09/11/2020
09:17
Getting impossible to buy any at all - even 500 shares is at a premium . Luckily I bought more last week😅.
ihatemms
09/11/2020
09:02
True - this is what one calls a great price action post that earlier scare. Still not in but can do so any moment. If and when so I will leave a note here as per my usual. Good luck all.
tongosti
06/11/2020
13:48
This has recovered nicely and is bouncing off the 50 day MA, back on track to outperform once again.
frankwhite
29/10/2020
12:20
Sold my last ones yesterday as I could not live with the rating in a falling market. Best wishes to remaining holders.
sidam
29/10/2020
12:03
Like I said - i am not competing with your approach. Just outlining mine. That's what makes a market and with you ath. Ergo is a top business and I will be waiting patiently for my opportunity.
tongosti
29/10/2020
11:30
All the best to you everyone has their own rules, in my case I have topped up on 5 accounts I manage for my family, GLA.
frankwhite
29/10/2020
10:17
Def not for me pal. I never ever catch a falling knife. Hope you're right though so wish you luck pal.
tongosti
29/10/2020
10:16
@tongosti, this could be the entry point you are looking for. Offer at 735p just now. I have topped up, so little volume moving the price.
frankwhite
29/10/2020
09:19
Yep - unfortunately so pal. In my mind it goes to show why it is extremely important to stick to one's methodology and not get tempted to get in when own rules say no. I am patiently waiting it all out and hopefully a good opportunity to re-initiate will materialise soon. Good luck all holders.
tongosti
29/10/2020
08:48
Looks like it is ERGOs turn today.
blueflame
28/10/2020
16:18
Really really impressed with the price action especially in the context of wider markets taking a bath for a few days. Following v v closely with the view to reinitiate if and when the moment is right.
tongosti
13/10/2020
11:01
Agreed maddox - let’s see what the next few days and weeks will now have in store for us. US indexes on fire at the moment (v overstretched shorter term though) and I do have 3800 as a target on SPX. If so, the whole equity complex should enjoy another leg up.
tongosti
13/10/2020
10:40
I conceptualise it as a firm's value versus share price. Fundamentals provide insight into value only; whereas technical analysis is seeking insight into the market dynamic between buyers and sellers that determine the current share price direction. So, by using both analyses you should get a more complete picture of the opportunity.
maddox
13/10/2020
10:18
Thanks pal - I wouldn't read too much into GH selling. Sometimes divesting in the institutional space may have nothing to do with that holding per se but with different reasons related to fund's own rules on ind exposures / intended valuation profiles etc. Re chart reading - yes it is extremely important. Have to say that 99% of TA is mumbo jumbo but understanding the interaction between price and volume is key to timing. Took me years to get a reasonable grip on it all (and I will always be learning new things in this space no doubt about that). My own background is math and stats and i have tremendous respect for fundamentals but if I am forced I will always -without fail - go for price action. Am a firm believer in Price leading Fundamentals (not the other way around), most often than not. Beauty of it all is that there are a zillion ways (all equally difficult to find, am afraid) to skin the cat in this game. In my experience the key is to identify the one which best fits with who we are. Jack Schwager (of Market Wizards series) elaborates one this point much better than I can. Cheers and good luck.
tongosti
12/10/2020
18:04
Hi tongosti, Fascinating, sounds like a unique approach. I'm very much a fundamentalist - but trying to understand charts better - with a view to improving my timing. I don't think I'll ever just trust the chart signals. >> and as I post Gresham House goes below 3% - so looks like they'll be out completely - may still have a rump to dispose of before we advance.
maddox
12/10/2020
10:15
Thanks maddox. I think MM's method is applicable to the UK market as well with the main caveat being that UK Plc does not provide quarterly audited updates. It is an important drawback as one is not able to conduct the exact same fundamental analysis as is otherwise possible with US markets. In addition, the opportunity set in the UK is about 25% of what is available on the other side of the pond. To answer your question, I have an additional statistical overlay (on top of MM's method) which effectively works out the combination of the speed and and magnitude of market moves and then puts them in a historical context. In turn that helps assign trading odds. With ERGO, if one works out historical 10d rolling returns and then builds a probability distribution of them, you will see that the juncture we are at right now Is a very high probability area for at least a pause in immediate future performance. In other words, the chart is indeed v healthy as you described but overstretched in the shorter term, in my view. As my approach revolves around assigning odds to any new position I may want to initiate, I only take the ones where odds for an immediate thrust North are the highest. Personal preference and all but I aim for my positions to work off the bat with the view to move stops to BE as soon as possible. Again, no right or wrong in this game - pros and cons to the each different approach but here I go with mine.
tongosti
11/10/2020
16:05
Thanks for your thoughts, and I respect your discipline. I've read Minervini and even had a go at applying his methods - didn't work for me and I think that it's very US market centric. Nevertheless, can't argue with his success - remarkable. A few things out of his play-book might be of relevance here. The chart as you say looks very strong, the advances are driven by a high volume of trading, whereas declines by very little volume. Minervini writes at length about not being misled by a high p/e and the fundamentals have significantly improved. On the other hand, some of ERGOs FIs seem to be selling down - Gresham House, Oryx and North Atlantic with Standard Life coming in. So it would be good to see some more evidence of FI buying. Is there anything specific that you are looking for that would reduce the risk for an entry point?
maddox
10/10/2020
08:21
To clarify on the technical point - I am not saying the chart doesn't look constructive. Actually, it is awesome. It is just that at this juncture I am not able to locate a low risk entry point hence I am waiting for some meaningful consolidation (if it ever takes place of course) before I may want to step in.
tongosti
10/10/2020
08:13
I am 100% with what you describe on the fundamental front so yes, ERGO looks set to be on the path of something special. Revenue / EPS / margin growth are some of the best in the business. No doubt about that. The reason that I am not in - at this particular point in time - is purely technical in nature. If you maybe aware of the likes of incredibly successful high growth company investors like William O'Neil or Mark Minervini - there's the answer to your question. Broadly speaking, a company may go up 500% from A to B. As I try very hard to avoid inevitable volatility in between those points (to me an account drawdown of about 10-12% max is a very, very serious concern) I am content at trying trading in and out several times during that A to B journey. Is it a precise science? Of course not - which inevitably mean that I will also miss good short term trading opps here and there. Still worth it though (for me) as that's the price I am willing to pay for managing risk. As a matter of fact, I am obsessed with controlling risk hence my preferred way of playing the game. Again happy for you and all holders - I will certainly join you in the journey multiple times in what is a phenomenal growth story.
tongosti
09/10/2020
19:58
Hi tongosti, What rules are you obeying that are keeping you out of ERGO? We're at the start of the journey here. They have a solid underpinning of clients and contracts to which they are adding and highly attractive margins and cash generation. The market is large and growing so that they have plenty of runway for rapid expansion. Richard Barfield exudes confidence, has a clear strategy and drive - and probably best of all - he's done it once before creating huge shareholder value. Ticks in all the boxes - top quality.
maddox
Chat Pages: 38  37  36  35  34  33  32  31  30  29  28  27  Older
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