debt has moved by -20m yet the share price has moved about -50m. Seems an over-reaction to me, especially if there debt is linked to US libor rates which means a very low interest cost moving forward. Still, strip out the fx movements and you have 1% growth - which is probably concerning the markets more right now. Looks like a nice short term trade for some. |
The debt is the problem!! good company though. just bought in again after selling at a good profit last year! |
Have i missed something here?
Results look good apart from the debt due to the dollar. |
See post 53 |
Does anyone know if GNS stilll have that outstanding pension liability that was mentioned on this thread some time ago? |
lol. Could be right, there. I had regretted getting out at 6-quid, too! |
...or not. Next stop £5? |
This 7-quid level definitely looks like a support line. Could be a turn up again now...? |
If this was a popular thread you would have many theories to answer your question. It seems as though the stock is being walked down over the past few days even though there are consistently more buys than sells. There could be a large buy order waiting to be filled (at a lower price than current) or a large sell in the offing! Either way I am losing money daily and will more than likely top up if it reaches 800p. |
What's up with this stock? |
dvarty - I prefer it that way! When it gets busy you know its getting close to sell. |
Acidic Lou
Thanks for the link. Its a pity this board isnt a bit more active. Agriculture & food production is the 'new oil' and good old Genus has a lot more upside yet as it approaches an ALT! |
For any of you guys who don't read the city rag 'City AM', good piece on Genus here: |
Well done A2584728 I have loads too acquired at the end of the FMD outbreak a few years ago. Have done very very well for me. Its difficult to see where they can go next on their own unless they can develop the porcine side a bit more.
Monsanto take over would make a lot of sense for Monsanto and make their business more rounded and could be good for Genus Scientists and products with Monsanto's global infrastructure giving easy access to some markets where Genus have minimal penetration.
Lets hope they get on with it quickly if there is any truth in the rumours-- lets have the end game and exit point on this one!! |
And talking to me too, I have loads and am looking for at least 1200, great company and well managed. |
Aha
Monsanto!! The Company, together with its subsidiaries, is a global provider of agricultural products for farmers.
Has been doing very well for the past 3 years and appears to be cash rich. Genus would be a good aquisition.
Talking to myself again. |
Thats good! They can have mine for £18.00. Who is this american Company? |
rumours of a takeover at £12.00 by some US company I read somewhere |
Will the uptrend continue past 850 this time? chart certainly looks encouraging!
Or is this a swing traders dream? |
We have lift off at last. |
up and down day today. |
Robbie Burns is the Naked Trader. |
No idea Kal. |
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