Morses Club Share Discussion Threads

[yump] 06/1/2021 09:39

No they’re a bit slowed down by overeating at Christmas.

[diku] 06/1/2021 09:27

Have the big boys arrived yet?...



For those who need an advfn translation: “fill your boots before the big boys arrive.”

[yump] 06/1/2021 09:23

People follow charts quite a bit and will be looking at that long period around this price previously, but its not relevant to the business.

One major recovery fund buying could just put it into a new pattern.

[ronwilkes123] 06/1/2021 09:07

Excellent summary last night yump

Looked primed for this fall

Although strange people selling when you only have to wait a couple of days for a dividend

[yump] 05/1/2021 20:20

Its a ramp but not in advfn language.

For those who need an advfn translation: “fill your boots before the big boys arrive.”

[ronwilkes123] 05/1/2021 19:28

Was that a ramp yump

[yump] 05/1/2021 14:20

The volume isn't that high yet - it seems anything sizable sends the price up quite quickly. If there's any consistent demand it might carry on a while, although the current area now looks likely to be quite resistant, if earlier chart is relevant.

[1choip] 05/1/2021 13:45

They deserve it as they're one of the best in current market. I won't surprise if someone has interest to buy them out.

[albert arthur] 05/1/2021 13:39

I'm the same as you yump, I've posted before why I'm here... Great margins, market dominator, online growth. Nice day...

[1choip] 05/1/2021 09:00

53p to crack before starts moving. Dividend expiry date is one week from today?

[yump] 04/1/2021 21:29

Its not a digital presence in its infancy. At least do a bit of reading. Its in its infancy in being profitable, which is a different thing.

Door to door has already reduced significantly. DYOR. please.

Also, if you hadn't guessed I'm not really hanging on the daily share price movements - they're interesting for a moment or two. Its the macro stuff that's really worth bothering with unless you're just trading.

I'd never try to second guess share price movements here. I was quite prepared to have bought at 30p+ and wait a year and then suddenly its up.

[bg97] 04/1/2021 21:20

Can see a drop tomorrow and then everyone jumping back in for the dividend

[scubadiverr] 04/1/2021 20:33

Quite. I expect it to be anything but stable in next few months. It's good that they're in the infancy of having an online presence as I can't see door to door happening - affecting both collections and new business. Glad I waited

[ronwilkes123] 04/1/2021 20:26

Will be cheaper tomorrow yump

National lockdown 3

This time it’s personal

[yump] 04/1/2021 20:09

There's been a huge increase in volume over November and December. If the sold shares have moved into recovery investors' hands, that should mean a reasonably stable share price while we all wait for the gradual recovery in business.

[albert arthur] 04/1/2021 16:00

Doh! they dropped the bid rather than raising the ask..

[albert arthur] 04/1/2021 15:05

Very strong start to the year here! 14% finish I'm calling.

[yump] 04/1/2021 12:46

Hopefully not, although Amati only just bought in so can't imagine them rolling over nicely. As MCL have said, many competitors in various types of trouble over the last few years, so can't imagine them trying anything.

[its the oxman] 04/1/2021 12:40

Just wondered if Morses could be a bid target at current levels. Although I guess many operators are just trying to stabilise things so perhaps now is not the time.

[1choip] 30/12/2020 20:21

i would add more if go lower. it nears share price paid by directors recently.

[albert arthur] 30/12/2020 19:10

48/52 is hardly back to 40. It's just a wide spread, biggest I've seen it.

[ronwilkes123] 30/12/2020 09:48

Back to 40Pis can't hold more than 5 mins strikes again

[1choip] 29/12/2020 12:06

upside is huge with a limited downside

[speny] 29/12/2020 11:49

Range, it's up more than 50% in a little over a month! I'm taking a view that it may get back to 150p in the next 2-3 years, that's almost 200% from current levels. I feel patience may be well rewarded here, although I doubt it'll be plain sailing.

[1choip] 29/12/2020 11:24

patience is the key and could break very fast.