Redde Northgate Share Discussion Threads

[w1ndjammer] 12/3/2019 12:12

Minerve 2 you sound very bitter, what happened to you....

[insideryou] 12/3/2019 11:51

Have u not noticed that any missing of numbers and the share gets ravaged. On the upside it never performs the same way percentage wise... The big money is made on the back of fear through shorting sadly.

[capricious71] 12/3/2019 11:39

Just sold at 85p. What a crazy few days.

[minerve 2] 12/3/2019 11:36

Saint

I am not going to lie, I do. That is because I believe most here are morons and they get what they deserve. Just like the UK is destined to get what it deserves. ;)

I take no offence in your opinion because I know you are wrong and are probably one of the morons I am referring too. ;)

[saint or sinner?] 12/3/2019 11:18

No offence? How can stating you enjoy seeing people lose money not be offensive?

I hope you have been sterilised so that your selfish and self indulgent traits can eventually be removed from humanities gene pool.

Oh yeah, no offense.

[insideryou] 12/3/2019 11:18

Its too easy pulling random nonsense out of the air without backing it up with sound reasoning. Care to expand? As not to appear remarkably ignorant?

[minerve 2] 12/3/2019 11:12

I enjoy seeing people lose money. It stems from the fact that I like to see stupid people pay the price for being stupid.

No offence.

[blueball] 12/3/2019 11:03

50p next stop imo.

[elcapital2018] 12/3/2019 09:16

numb nuts.....how much are you down now....in 24 hours!

[catsick] 12/3/2019 08:31

Im a sucker for a falling knife trade so just bought in at 87 ....

[insideryou] 12/3/2019 08:12

New shorts or stops being triggered?

[insideryou] 12/3/2019 08:08

Something odd here. 50% fall on that 1 piece of bad news? Shorts are vicious.

[napoleon 14th] 12/3/2019 01:08

No blame for ditching low margin/sub standard business. REDD right to have done so.
Short term pain is better than long term destruction of margins & value.
IMO share price will recover - not worried by short term fluctuation.
I see 135p as fair value - risk/reward acceptable at this price IMO.

rogthepodge - you're right about Elcapital - troll/personality problems - filtered.

[elcapital2018] 11/3/2019 19:28

rogthepodge is numb nuts. He used to be called Nickyname, but we called him nicky numb nuts because he buys dogs like QPP, SGH, GLOBO and PURP. He gets everything wrong

[rogthepodge] 11/3/2019 18:32

but the contract loss won't affect the results to June 2019 year end. Current contract runs over into next financial year, so it will be sometime to be sure of exact impact. The company leases a lot more cars than it did, so its overheads and fleet utilisation could be affected in 2020/21. But I am sure that the company retains as much leasing flexibility as possible, knowing that a big customer could fly.

[bc4] 11/3/2019 17:49

There will be a trading update on about 24/25 of April hope this helps

[rogthepodge] 11/3/2019 17:04

Minerve2 sorry, no idea. But it looks like a sizeable contract, so there can't be too many options. Anybody else have any idea? Another credit hire provider. Enterprise, Slater & Gordon, Minster? It's got to be someone who can operate on low margins. Possibly Enterprise?

[minerve 2] 11/3/2019 17:03

I'm currently watching from the sidelines. Probably wait until the next set of results. We will see.

[capricious71] 11/3/2019 17:01

Another buy of £230,000.

I'm trying to remain optimistic but it's quite alarming.

[minerve 2] 11/3/2019 16:43

rogthepodge

"They will probably be back, when the competitor folds."

Any idea who they may have gone to?

[minerve 2] 11/3/2019 16:41

Well, they HAVE to be seen to be strict with payment terms. If they allow one customer to get away with it, they will all try. Then accruals start to creep like Japanese weeds and before you know it we are back to where they were in previous bad days for shareholders. One has to take the pain rather than being shot.