Redde Northgate Share Discussion Threads

[skinny] 18/9/2019 16:16

Redde’s annual general meeting will take place at 10.00 a.m. on Wednesday 30 October 2019 at the offices of Bryan Cave Leighton Paisner LLP, Adelaide House, London Bridge, London, EC4R 9HA.

[rogthepodge] 18/9/2019 00:14

Whatever trading is going on, it doesn't alter the fundamental value in this company.Proper price will re-emerge.

[ted1066] 17/9/2019 21:05

Thanks Skinny

[knigel] 17/9/2019 07:45

What would we do without scanners :-)

[skinny] 17/9/2019 07:32

Ted - its the info in the circles that you should be looking at :-

[bc4] 16/9/2019 23:26

That is the amount in issue

[ted1066] 16/9/2019 21:07

Can anyone explain why the last 4 holdings statements amount to the same figure = 306,706,045 ???

[rogthepodge] 16/9/2019 18:45

probably worth 180p. That wasn't the first time it had let a less profitable contract go to a mug competitor. And Woodford's predicament has resulted in forced selling which obviously restrained recovery.

[jackdaw4243] 16/9/2019 18:33

Added a few to-day. One contract caused the drop, some consistent buying.

[sphere25] 16/9/2019 10:16

Current price 126.2p.

Take two at the breakout.

Sellers came in the afternoon on Friday to prevent the breakout. Let's see if it can hold the breakout this time or whether they bash it back down again.

CLOSING UPDATE

Closed at 127.6. Significant move and breakout confirmed today. We had a tease on Friday where it came back, but it has broken out convincingly today.

[bc4] 14/9/2019 07:26

The only reason I was asking at the last trading update you were a bit wary of Woodford

[rogthepodge] 13/9/2019 23:43

Very sensible

[bc4] 13/9/2019 19:30

Toffeeman are you invested in REDDE ?

[rogthepodge] 13/9/2019 17:09

weekly close above 120p looks positive

[sphere25] 13/9/2019 16:55

I suspect the majority of Woodford stock has been placed. That 50m volume day hasn't been explained by the recent holding statements. He might still have some to go, but we can see the dynamic with a couple of funds buying and a couple selling.

The stock was moving well and looked like breaking out in the afternoon, but sellers came and hit the book at 124 down to a close of 122.4. So despite breaking that 120 area where I have noted regular sellers, it still hasn't broken out in a convincing manner.

Next week will be pivotal. It either cracks on and breaks out of the very apparent range or it just falls back into it and faffs about for abit.

[toffeeman] 13/9/2019 16:27

Let's hope Woody doesn't decide to sell into strength next week!

[montynj] 13/9/2019 15:19

I've just bought into these shares

[skinny] 13/9/2019 13:43

125.00p - 6+ month high.

[rogthepodge] 13/9/2019 10:03

Ridiculously underpriced

[master rsi] 13/9/2019 09:44

Volume is the key and there is plenty today 271K so far
Yesterday at this time there was only 42K, so is 8 times