Mccoll's Retail Share Discussion Threads

[loganair] 15/1/2020 12:44

Because Klarus was reducing their stake hence the fall in the share price and when this stopped the share price popped back up again.

[sentimentrules] 15/1/2020 12:17

Agree the fundamentals are not the driver.

So explain 40% rise in five days and the money in sub 40p?

Because your list should not be above 40p - simply falling more

[loganair] 15/1/2020 12:13

For the time being I do not expect the share price to rise much above the 50 to 60p level:

1. No rise in the dividend expected this year.
2. Profits forecast to come in at the low end of expectations.
3. Revenues are expected to continue to fall this year and next year due to the closing of their newsagents and poorly performing stores while opening only a very small number of new larger stores.

[sentimentrules] 15/1/2020 11:48

Also from recent low, this hit nearly 40% return, in 5 days

yet the money in at low, has zero interest in that return. The selling we see is levels of retail booking. Not even close to fund reaction

They want a lot more

[sentimentrules] 15/1/2020 11:46

Purely technical. I couldnt give you a fundamental reason until after its released (news or data)

But in terms of moneyflows / volumes , Accumulations to distribution weighting and so on,

MCLS is seeing moneys of interest to me (fund / institutional or Acitivist), not even seen since in 2016

Its all come in just under 40p

..............

So, some informed money has a beat on something here. Never know what until afterwards of course

[bigtommy] 15/1/2020 11:43

Why would it be thought that a big move is due this week? Genuine question!

[johnhelme2704] 15/1/2020 11:39

thanks for that

we will see what comes next

[sentimentrules] 15/1/2020 11:37

prices of interest

[sentimentrules] 15/1/2020 11:37

74-90p is next area of interest post 56

[sentimentrules] 15/1/2020 11:36

Still in John?

Big move coming this week - the day would only be a guess but this week, im confident of

If it clears 56p...id have 70;s in sight next. Dont see any sell point in the 60's

[johnhelme2704] 15/1/2020 11:24

Looks like just you and me here for now

[sentimentrules] 15/1/2020 10:56

Just bought 47.9 here. 3 days trading inside last friday. Zero sign of sellers bar a few reducing the move up profit

Perfection

[sentimentrules] 14/1/2020 17:52

Anyone buy today? I didnt. Sort of wish i had. Will do if around same price in the morn when spread reduces

[sentimentrules] 14/1/2020 12:07

Yes think so

[hardupfedup] 14/1/2020 12:05

in auction ????

[sentimentrules] 13/1/2020 22:36

Staggering day .... way overbought (if there is actually such thing)

Yet its an absolute bull rage day today.

Going to be a massive move here this week. Why..i do not know

[spectoacc] 10/1/2020 12:30

Been long, long overdue. Fall was unwarranted IMO.

[pj fozzie] 10/1/2020 10:14

Another tick up today. Something's happening - I have no idea what. As a long term holder I'm so underwater on this one that it's gonna take many more weeks of this trend before I'm back in the black.

Cheers, PJ

[sentimentrules] 09/1/2020 22:27

Near 25% rise in a few days on volume ratios gone through the roof sub 40p

Something more to this than standard expectations

Is there a reason this would suit any buyer?

[loganair] 09/1/2020 22:11

07-Jan-20 Liberum Capital - Hold - New Price Target 50p

[harry3021] 09/1/2020 16:13

when is the next trading update?

[aleman] 09/1/2020 11:17

Poor trading updates from other supermarkets suggest MCLS is no worse than anyone else and poor weather could indeed have been a factor. Is that what has encouraged the shares back above the 50-day average? I can see a run at the 200+-day average coming.

[sentimentrules] 08/1/2020 17:36

Average price paidd in 2019 by volume/transaction weight - was 59.5p thats with retail filtered out
They have loaded up here in 2020 average 39.1. Again, retail filtered out

......

In the heavy volume yesterday, the seller was dumping into it pretty hard - but still ended 20% ACC

Thats been followed up today with no seller, at 97.2% accumulation

From a technical aspect, i fully expect 60p to be struck here in pretty short order. Money supports the volume read, and a few other things - def serious holding interest from buyer

There are percentage resistances along the way as always, where one could see them taking profit - starting at 46p, but, this is not monetary positioning of in/out

Looks very positive

I will lock down 10% at 46p once price trades over 48.95p

And hope the trade becomes a longterm hold

[loganair] 08/1/2020 17:23

Klarus continuing to sell and reduce their holding will be keeping the McColl's share price down and in the doldrums which therefore gives us Private Retail Investors a good opportunity to buy in at a good price.

[sentimentrules] 08/1/2020 17:10

Not a bad close. Money adjusted here in the flat period yesterday, to heavy bull side. No idea fundamentally why - but the sell/buy you speak of was at a premium - this i feel sure of. Maybe not todays 9% in full, but some