Redde Northgate Share Discussion Threads

[hillbrown] 08/3/2016 13:34

Maybe turned the corner. I think so. Bought another 10 at 167 to average up
to 1.646 today. That will do.

[scottishfield] 08/3/2016 13:23

been picking up more today.

[panic investor] 08/3/2016 13:22

the last time it was down here was when fear of bear market around , that fear is still in the background but this is such a good company

[napoleon 14th] 08/3/2016 13:17

Looking back, they shot up from 160 to 210 inside a week.
This phase looks like a bit of sensible profit taking has been manipulated for a hidden agenda IMO.

I've just bought back those I sold at a higher price.
So there!

[panic investor] 08/3/2016 13:15

Looking at buying back in here - would like to see it bounce from around here though first

[petersinthemarket] 08/3/2016 10:53

The old support level around 162 should at last see the end of this. But then what? Lets hope that whoever was that skilled at marching them down the hill will will be just as good at marching them back up again!

[hillbrown] 08/3/2016 10:44

too low. just bought 40 at 1.64. famous last words.

[value viper] 08/3/2016 10:07

any answer chaps ? i see they pay out all earnings (basically) as dividends - hhmm , odd and certainly not prudent imv ; could be cut at any time if needs be.
nonetheless, i'm semi interested for AIM BPR purposes.
actually, as financial services - may not qualify for BPR........

[hillbrown] 08/3/2016 09:46

As I have just placed a largish buy order at 164 we have probably reached very very close to the bottom. I seldom trigger my buy orders as I place them at too low a level......

[fizzypop] 08/3/2016 09:46

From LSE today the majority of transactions are AT - few PI trades and little volume. Draw you're own conclusions.

[petersinthemarket] 08/3/2016 09:07

REF: petersinthemarket 7 Mar'16 - 17:36 - 1947 of 1961

Tks for comments chaps, I can confirm that my 20% down estimate was simply 168 compared to 210. Happily my position is nowhere near that bad. My query was simply that I do not understand the mechanism by which this can be driven down so effectively when there is good demand for tightly held stock and no bad news flow. If anyone does understand how it the drive is performed I would be interested to hear any suggestions. GL all, pete

[value viper] 08/3/2016 08:46

hi chaps, new to this board

is the company basically paying out all of its profits in dividends ?

[capricious71] 08/3/2016 08:33

I'd have thought it was a buy at this price. The story hasn't changed.

[bc4] 08/3/2016 07:48

It is only 2.5% of REDDE business anyway so not worth bothering about

[nicky name] 08/3/2016 00:42

how could the forthcoming budget be worse than the Autumn Statement?

I will be amazed if Osborne gets his reforms through, as he described them last Autumn

[mrmark01] 07/3/2016 22:12

Wonder if forthcoming budget is weighing on share price!

[toyin] 07/3/2016 20:36

Hi dodddy

No problem, I was taking it as his position was 20% down.

All the best

[bc4] 07/3/2016 20:15

Well this was the last holding RNS that I can find and it is nearly 3 months ago
Woodford Investment Management LLP ("Woodford")
notification obligation:

4. Full name of shareholder(s) Clients of Woodford
(if different from 3.):

5. Date of the transaction and date on 09.12.15
which the threshold is crossed or
reached:

6. Date on which issuer notified: 10.12.15

7. Threshold(s) that is/are crossed or 20%
So none of the large holders have sold, well none that that we know of

[fizzypop] 07/3/2016 20:00

Sitting on the fence takes a lot of discipline and patience as the third option.

[dodddy] 07/3/2016 19:57

toyin i took it to mean the stock price was 20% off its high, not his position personally

[toyin] 07/3/2016 19:27

Dodddy

When your down 20% the worst thing you can do is sit back, mathematically it makes no sense.

All the best

[dodddy] 07/3/2016 18:59

or just sit back, relax and do nothing. if you believe in the company and the analysis, ignore short term gyrations

[toyin] 07/3/2016 18:17

Peter

You have two options, sell or buy more. Getting frustrated won't help you, if you trust your judgement buy, if not sell. But it has to be your decision.

All the best