Redde Northgate Share Discussion Threads

[gohunk] 24/6/2008 13:14

"lots of cash"....i wish....little pot of dabble money more like !!

[bearraider] 24/6/2008 12:59

MTG is right preserving capital is of great importance, in this current uncertain market best to hold lots of cash and just collect the interest.

We now seem to be bumping along at the 370p level not sure if it will hold or not

I can't get my head round these constant sells of 29 and 30 shares (and a few buys the same).

[gohunk] 24/6/2008 12:03

lol MT...you're not wrong.
I'm always more gutted if i miss one i thought would go, than if i go one one and it doesnt go. but like you say, each to their own.

[m.t.glass] 24/6/2008 11:21

My attitude is exactly the opposite!
It's always nice to be holding when something leaps - but I would always rather miss out on a rise than cop a loss while waiting or hoping for one ;o)

Preserving my capital is far FAR more important than missing out on a rise that might or might not come :-o

Takes all sorts. We wouldn't have a market if it didn't ;o)

[gohunk] 24/6/2008 10:31

you did, and you should, but never easy to do especially if it flutters around a bit, better to be in and catch the wave, than to miss it, you kick yourself more if you're not in a miss a big one, than if you're in and it drops a little.

[bearraider] 24/6/2008 10:26

What is it with buys and sells of 29 and 30 shares at a time with £12 dealing costs on about £120 worth of shares.

[bearraider] 24/6/2008 10:24

Should have waited I was highlighting 370-375p as where it could go for support should have followed my own thoughts. Watching now to see what happens.

[bearraider] 24/6/2008 10:07

Down 17p today on sales of 38,000 shares sold only 5 out of 100 or so sells are above 1,000 (accounting for 12,000) 89 sells = 26,000 = avg size 293 shares per sale.

This small selling has been the pattern for days - very few sales in the 1,000's (or buys)

Has this now hit the 370p support line before recovery or is it going down further?

[gohunk] 23/6/2008 21:11

always the way bear, i dont doubt it will drop a bit more, as always though, dont mind it dropping a bit so long as its shoots eventually. I think there is good figures coming and some interesting news re acqusitions in the future, i just hope the city respect the fact this company knows what its doing.
Good luck bear, i hope we're both right, hell even steve globals in now 'apparently' lol.

[bearraider] 23/6/2008 16:46

Wish I had waited till latter in day might have saved a few quid as the share price went down a few pence, hope we don't regret it tomorrow! Still it may give me an opportunity to average down once I can clearly see a turn underway and if it turns suddenly on the days I am away from my connection I am still able to benefit from the recovery when (if) it comes.

I am amazed at how many small lots of shares get sold each day (and bought) NTG must either have a lot of small shareholders, or larger holders are selling in multiple small lots.

[gohunk] 23/6/2008 16:29

no worries mate, well i've took the plunge too, in at 3.876 ;-0
fingers crossed it doesnt drop off too much prior to a decent set of results....

[bearraider] 23/6/2008 15:50

Go

sorry no idea I trade via selftrade/barclays with selftrade you can set it all sorts of different ways, never tried with barclays as I only recently opened an account there.

[gohunk] 23/6/2008 15:37

i just placed order at 3.89, it didnt get accepted, then shot upto nearly 3.92, tossas.
i use online hargreaves and lansdowne, any idea how i put an order in at under current price, on my old 1st direct account i used be able to pick the price i bought at that was live for 24hrs, cant seem to be able to do that on here, which is a bit kak.

[bearraider] 23/6/2008 15:20

Go

Take care then if you buy back in - afternoon seems to have got the price going down again! should have waited as well.

[gohunk] 23/6/2008 14:44

bear, thanks for the info, good to see you taking a dip in, i plan too, prob not for as much as you, think i have about 5k spare i managed to pull out having bought in around the 7.00 / 6.90 mark.
I still think these are a soklid buy, for me its not if, but when.

[bearraider] 23/6/2008 14:28

zim

The only way you gain from posting doom and gloom on individual company threads is by shorting the shares - a morally questionable activity I never engage in.

You may be right, NTG may plummet but then as far as I am concerned some you lose some you gain who knows.

Personally I have made lots of money by following that old adage 'buy on fear, sell on greed' NTG has plenty of fear about it just look at the share price graph, and the pattern of multiple small sells. That fear may be justified in which case my holding will get taken out at the stop loss.

[zimzoot] 23/6/2008 14:01

How would the share price perform in a Bear market? Odds on it will join the 90% club :)

Recovery may be years away :]

[bearraider] 23/6/2008 13:41

Go

the results will be OK - they said they were on march 19th - 6 weeks before the year end. If they were going to be way off (more than 10%) they would have said so.

Like you I was sorely tempted at least to dip my toe (so I have today - kept the main funds back though to see how it goes). Happy to hold them for the longer term but with a stoploss in place.

I don't think they will fall that much further 370 region (Good long term support there) maybe 350. though that would take them to a 13 year Low, and below that point there are no support levels I can see. So a bad current year / future prospects could send them plunging.

Most of the sales have been small but lots of them, so I don't think the institutions have sold many.Not many seem on loan according to advfn figures so limited shorting activity now.

Please DYOR remember u already lost some on these

[gohunk] 23/6/2008 12:30

results will be ok, i'm tempted to go long on these, very tempted, its just a matter of deciding when, ie will they drop to 2.50 before recovery begins...
why has the city taken such a dislike to them ??

[zimzoot] 23/6/2008 11:29

results ok...5-8% rise
results poor...-40% haircut

[bearraider] 23/6/2008 10:11

Go

No idea but I think the fall will slow, either to bottom with some recovery possible (a lot of bad news is already in the price) or just wait to see the info coming at prelims.

We have this week basically before prelim finals on the 1st July.
That is going to be the real key point when we can have a better go at working out a value for NTG and therefore where the share price should be. Hopefully a reasonable amount of info for the 2 months of current year will help get us up to date with the current market and a helpful forward statement will provide a little more clarity on the coming year.

[queeny2] 23/6/2008 09:28

tom - he's not back, those were cutnpasted. bear I think you should let him back.

[gohunk] 23/6/2008 09:12

where will this stop....£3.60 ? ...or lower ?

[tomkite] 22/6/2008 11:07

good to see Steve back.balanced debate can help us all make money,we may not always agree but it makes sense to take everything on board.NTG look to me to be heading for 380 before a rise.