Redde Northgate Share Discussion Threads

[bc4] 15/10/2019 12:32

Look if anybody wants to sell a stake in REDDE there will be significant interest at these levels this could be a opportunity not to be missed, how low will they take it that is the question?

[fenners66] 15/10/2019 12:19

Thanks guys - I was wondering what hit sentiment this morning.

Seems that is the best possible reason - no change to the underlying business - just supply and demand for the shares.

As some have mentioned - I might dip in for some more...

[jam2day] 15/10/2019 12:07

Woodfords main problem area
"Unlisted public company. An unlisted public company is a public company that is not listed on any stock exchange"

Redd being dragged down by association - woodford holdings will be sold down to return monies to shareholders- temporary share price Blip as value will be picked up by new owners as was seen on sale of initial tranche.

[zangdook] 15/10/2019 11:26

semi OT
It would be interesting to know which are the illiquid listed assets included with unlisted assets in the ex-Woodford Portfolio B.

[ltcm1] 15/10/2019 09:52

There is a question mark over Invesco too, the worry is one of contagion.

[skinny] 15/10/2019 09:32

I've been in these since Helphire, so am still @+75%, but may add if there is a significant sell off.

[master rsi] 15/10/2019 09:21

Have Woodford sold any since June 27?

Significant Shareholders from the Redde website

As at 27th June 2019 there were 306,706,045 of Redde plc’s ordinary shares of 0.10p in issue, none of which were treasury shares.

Holder .................Percent
Invesco Perpetual ...... 29.04%
Woodford Investment Man. 19.87%
Richard Griffiths & Asso. 7.67%
Polar Capital ........... 5.27%
Aviva Investors ......... 3.97%

[w1ndjammer] 15/10/2019 08:59

Might manage to pick up some cheap stock over here.

WJ.

[nw99] 15/10/2019 08:52

Forced selling to come

[dmdmdmdm1] 15/10/2019 08:45

I think this is more likely to relate to news about Woodford being sacked and his fund being closed which was published todayhttps://www.bbc.co.uk/news/business-50052945

[dmdmdmdm1] 15/10/2019 08:22

Why would that affect this stock?

[knigel] 15/10/2019 08:13

Car finance crackdown...

[fizzypop] 14/10/2019 11:42

Nice 10% increase on my 101p purchase with a yield of 11.5%.
May I have some more please.

[rogthepodge] 09/10/2019 19:45

davROs not sure you are cut out to be am investor! You need to take a view regarding the future, not today!

[davr0s] 09/10/2019 18:07

Nope they are worth 102.8 - that is the market's opinion atm. But if you are unsure of this tell me how many you want and I'll set them to you at that price having paid around 102.8 at the open tomorrow

[bc4] 09/10/2019 17:32

Maybe they are just beginning to turn? they must be worth 130p min of anybodys money

[zangdook] 08/10/2019 17:11

you da man, thelonious

[rogthepodge] 08/10/2019 17:06

they are worth 180p imo
might take a while to creep back there though

[sphere25] 08/10/2019 16:58

Ok folks, update time.

Stock has been clobbered from near enough 130 down to 101 (albeit has gone ex-div so 6.15p of the). I picked these up straight after the 107 large volume exchange back in early Sep where Woodford has imo been cleared in full or near enough. The holding statements to date have only explained a small amount of the volume traded, but it has been well publicised Woodford has been dumping.

I then lobbed the trading one's up at 12O. I am now buying these back down here at around £1 and under. I've seen Mr Market do some daft things in my time, and yes...this one is right up there.

Do you want to know WHY YOU CAN BEAT THE MARKET and why folk like me consistently can?

It's precisely because of the what the institutional fund manglers are doing here. The algos are programmed to go the wrong way and they will all follow one another and some daft trend, completely detached from the fundamentals TO PROVIDE THE OUTPERFORMING OPPORTUNITY for the shrewder traders/investors.

What then happens is that they turn on a penny and go the other way AFTER they realise how daft they have been. The AGM is on the 30th October, where a trading update has historically been provided and I fully expect one to confirm that the business is on track.

So I will happily make another call. I will buy the stock here at £1 and average into the weakness down at these bonkers level, and once the institutional fund manglers realise they have overreacted, turn on a penny and program the algos to go the right way, I will happily sell a few back to them up at around that 120 mark again.

[rogthepodge] 08/10/2019 13:42

value will out! and if TW was shorting, that has to be a plus

[bbmsionlypostafter] 08/10/2019 12:26

Don't get the obsessed idiot started.

[rogthepodge] 04/10/2019 15:43

maybe market does not believe it, but it's been doing it for years and nothing has changed! Apart from the Woodford factor. Must be a takeover possibility at this absurd level.