FEVR algos driving it ever higher.
My opinion is that the story is about a new brand rolling out in the States.
Speculations about PER and takeover (too strongly held) unless its a breathtaking price, are besides the point.
FWIW 😊
apad |
About £4.6bn |
These were £40 a while back eh what was the valuation of the company then. |
Been watching the short positions for a while now. Last summer there was over 7% of stock being shorted, they clearly were expecting the profit warning last July. Blackrock had 4.3% but started to trim late last year but only went below the 0.5% last month. Only 0.52% short now held by JPM but the interesting thing is the share price only really showed strength following the prelims where it then bounced , prior to that it had virtually just gone sideways for much of the ytd, thus stating the obvious (IMO) the current upward momentum has not been driven by shorts closing but positive market sentiment…..not valuation. |
I like to hear bull and bear points dave! I wouldn't bet against momentum |
Would ignore the normal valuation metrics IMO.....and definitely ignore the tiger!.For a business managing to generate any profit from tap water has to be admired! (tongue in cheek).Once margins have normalised (back to +50% gross) with income clearly on an upward trajectory (the US in particular) then there's significant upside in share price IMO.Freight costs have reduced massively, PMP CEO has mentioned their freight has reduced from $19k to $3k per shipment of their chinaware.Made decent profit here not long after it listed by ignoring the valuation metrics - the yanks aren't bothered by such things!. |
That's a suspicious looking link. |
If any of the main characters mentioned in the video below are appointed as a director of NFDS then you need to use the AGM to propose a vote of no confidence. If you do not get rid of them then you will lose your investment here. |
A PEG Factor of 5 suggests it’s nuts. But, like Bitcoin, if enough people think it’s fair value, then that’s a market! |
Not the only one Castleford. Valuation is nuts |
Think i am the only bear here. The valuation looks too high for me
tiger |
what did he infer? |
The article was Ben Harrington at Betaville , Bloomberg just mentioned the story |
There was a broker note yesterday too, and there's no story elsewhere about a bid, and the price has quickly back-tracked. |
Not sure why you would need a link, but ok. Just letting you know the source of the rumour yesterday. |
Because no link? |
Why do you think that? |
Probably not a very solid rumour then. |
No, it was on the Bloomberg terminal. |
"No JohnDoe - Bloomberg reported yesterday that Goldman Sachs and JPMorgan were working with a possible suitor for FEVR. So pretty solid rumour that FEVR has bid interest."
Got a link to back the solid rumour up? |
Ah, OK I stand corrected then. Am in WOSG |
No JohnDoe - Bloomberg reported yesterday that Goldman Sachs and JPMorgan were working with a possible suitor for FEVR. So pretty solid rumour that FEVR has bid interest.
In these situations, sometimes if you don't get a bid RNS the following day it pays to buy the dip. Look at WOSG for example. |
Realisation that it's only a broker note |
When hasn’t FEVR been an ‘attractive acquisition target’- for holders…. ;-) |
Have known shares to go up for weaker reasons, but - What has has sent them clattering back down ? |