Redde Northgate Share Discussion Threads

[pistonbroke1] 04/7/2017 11:25

The problem is the P/E ratio is still 18 even at this price which needs a strong forward statement to justify.. With such a bland closing statement last week there doesn't seem alot to look forward to. Holding for the divi makes no sense if the price drops by a greater value than the divi payment is. Also the share price always drops on the day of going ex divi by the same amount.

[fizzypop] 04/7/2017 10:28

PB1 ... waiting for sub 150 to dip back in. Quiet is good because attention is elsewhere.

[pistonbroke1] 04/7/2017 10:24

So the question is will it bounce from 148 (bottom in March) or 138 (bottom in June 2016.

It's all gone very quiet on this thread.

[rabito79] 29/6/2017 19:32

Massive intraday reversal has surely got to be a positive.

[sphere25] 29/6/2017 16:29

Anddddd....we're positive!

As per previous post, that fall this morning was abit of a gift. Down over 6% at one point. There are always doubts about companies, emotions running amock and so on which influence prices, but if this stock was up at £2 or had rallied strong into the update today, then yes ok, you can get a sell on the news and perhaps then not getting an "ahead" statement would have been more prominent, but that fall was just crackers - stock had already fallen from 180 and is miles off all time highs.

Always going to be ebbs and flows with this one, which is what makes it such a cracking trading stock. Now looking like we might be setting up for a double bottom or "W" formation if all the sellers have been washed out and exhausted today.

Sphere - looking for a nice rally soon, REDD trader

[capricious71] 29/6/2017 14:44

It might be time to re-evaluate this share. Great company but there's no such thing as infinite growth. Seems to have reverted to fair value.
I'm staying in for the dividends, at least for the time being.

[pistonbroke1] 29/6/2017 09:39

Wow that was a sharp drop, triggered a few stop losses I suspect.

This drop is identical to this time last year when it reached 138.Chart suggests it could revisit so keep some powder dry for a double bottom top up.

[sphere25] 29/6/2017 09:28

Time to start buying again here.

Sold off from 180 to under 160 (and just now to under 150, a further -6% today) yesterday so clearly the market is expecting some bad news, but where is it? Just because they are in line and not ahead?

Crackers!

Thanks Mr Market

[pistonbroke1] 29/6/2017 08:56

They need some more acquisitions to improve income growth. I'm surprised there hasn't been any lately as they hinted that they were on the lookout.

[owenski] 29/6/2017 08:50

Although this is good, I suspect the higher growth outperform period has come to an end, the language in the TU suggests that by omitting the usual - 'above expectations' - phrases. this is probably good for income but the share price probably is starting to reflect an end to the higher growth phase. IMO

[pistonbroke1] 29/6/2017 08:08

This is going to struggle now, they really could have offered a bit more meat, so neutral folk will just get bored.

[toyin] 29/6/2017 07:43

Agree, satisfactory at best. They should have just enough to maintain the divi.

All the best

[pistonbroke1] 29/6/2017 07:41

Well thats a bit of an anti climax, often get above expectation statements with increased divi notification.

[fizzypop] 29/6/2017 07:25

"Indications are that the adjusted operating profits for the financial year to
30 June 2017 are expected to be in line with market expectations."

Satisfactory then. No mention of anticipated Dividend.

[donemyhomework2] 29/6/2017 07:07

So all looking good!!!

[fizzypop] 28/6/2017 19:44

Pre Close Statement imminent

Previous year
30 June 2016
Pre Close Statement and anticipated Dividend

[donemyhomework2] 28/6/2017 16:32

I am surprised this is drifting. Some one knows something we dont?

[pistonbroke1] 26/6/2017 08:27

Pre Close Statement due this week

[pistonbroke1] 16/6/2017 17:25

Wow, large UT trade to finish 664009 @ 164.25

[pistonbroke1] 16/6/2017 08:51

Expecting a move back up to at least 175 - 180 over next couple of weeks

[bc4] 08/6/2017 13:48

Pre close update in less than 3 weeks with divi and profits guidance

[rabito79] 19/5/2017 19:05

Not good for my top up which I got stopped out on!

[donemyhomework2] 19/5/2017 17:47

Actually it was down before on very low volume.

[largeronald] 19/5/2017 16:24

As long as the trend is upwards, who cares?

[toffeeman] 19/5/2017 11:53

Is this volatility good?