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[ali47fish] 12/8/2023 14:39

dr bioteck you should not post this positive or negative bad habit

[dr biotech] 12/8/2023 10:46

Not mentioned in scsw.

[dicktrade] 11/8/2023 14:21

yes JD it is

[2magpies] 11/8/2023 10:11

Bit of a surprise move this morning.

There has been a lot of prfit taking recently, so has the 'froth' been blown off?

[johndoe23] 11/8/2023 09:25

Is SCSW out this weekend?

[deadly] 11/8/2023 09:19

Tipped somewhere?

[gswredland] 09/8/2023 22:20

Ok thanks guys. Got the wrong end of the stick with a poster earlier. Thought it was strange

[brucie5] 09/8/2023 11:40

Yes; I wasn't for a moment suggesting there was anything untoward here.

[tonytyke2] 09/8/2023 11:36

Guys, There is no 'fiddling'. Brucie in his comments below referred to one Stocko SHORT screen only, called 'cooking the books'. This James Montier stockscreen looks like it uses what is called a c- score and price to sales to try and find stocks that could generate a small negative absolute return per year. MEGP like Brucie points out, does currently have 5 LONG Stocko screens it passes. 1 value, 2 momentum, 1 quality and 1 growth.

[foolsgold1] 09/8/2023 11:12

Where have you read the suggestion that results have been fiddled??

[gswredland] 09/8/2023 08:11

Good news that stocko likes MEGP. Shocked to see possible suggestion of 'fiddling'results.

[doobz] 08/8/2023 21:49

5% down to go up 2%, that's pretty wild on a stock like this. definitely games being played. Anyway, learnt to ignore these things now. Just look at last RNS and set a sensible target, these have lots of room to go higher

[ali47fish] 08/8/2023 18:29

it was mentioned here that the ceo might/ could take it private and my question is because i have no idea what the implications are if this happens- i dont mind a takeover by a third party

[johndoe23] 08/8/2023 14:12

I was going to say, it really is! I've noticed not many short options around, but plenty of decent value longs

[brucie5] 08/8/2023 13:49

John, the UK market is a pound shop bazaar atm. Just depends what you're looking for.

[johndoe23] 08/8/2023 13:32

Brucie, just my two penny worth. Might be biased, but I don't see too many other stocks on a forward PE of 11, where every division is performing, has a nice yield and is a viable takeover target!

[brucie5] 08/8/2023 13:27

ali47fish8 Aug '23 - 12:06 - 282 of 282
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brucie you sound knowlegeable
--------------------------------

Ali, thanks, but I'm really not! Though I have looked at the business and read coverage, including Stocko. And as I say, I've held several times.
Currently it's just on my watchlist as I don't see it as a bargain; though if it's a growth with income stock you're after, I don't think you'd be wrong to hold.
But you ask for my 'hunch'- which is that you might it get it cheaper.

[ali47fish] 08/8/2023 12:06

brucie you sound knowlegeable but i am not clear to wejher this just a hold or add on the dips- so what is your hunch?

[brucie5] 08/8/2023 10:32

Great business, which I have held several times. But that's a whopping multiple top at 1.70 I would have thought? The lines of support/resistance are very visible here with 1.20 and 80p being conspicuous plateaux. 1.40 was resistance between Feb-May before the recent highs, so I guess that would be a natural point of support, should 1.50 fail. The latter could build out for a while.
It's well liked by Stocko screens, including quality and momentum- except for one: the Montier 'Cooking the books'. Which seems odd?

Just observations from a lurker.

[johndoe23] 08/8/2023 09:38

Looks that way! Maybe I will put some buy orders in at 145 &147

[melody9999] 08/8/2023 09:31

SP recovery is consistent with your theory of stops being taken out John. MMs playing games?!

[johndoe23] 08/8/2023 09:14

Twice now bounced of 147p. Haven't been brave enough to add just yet. That gap to 140p still looks suspicious...

[gswredland] 08/8/2023 09:09

You are probably right John!

[johndoe23] 08/8/2023 08:57

Call me a cynic, maybe the MM had a few buyers lined up sub 150p...