Redde Northgate Share Discussion Threads

[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.

[bc4] 04/10/2019 13:51

Well the shares hit 129p recently after full/year results so it seems a bit odd at these levels REDDE could be takeover material

[fizzypop] 04/10/2019 12:42

Topped up at 101p
GLA

[davr0s] 03/10/2019 19:33

So market doesn't believe it's going to happen

[davr0s] 03/10/2019 19:33

Yeah that normally signals that it's in the "too good to be true" category

[fizzypop] 03/10/2019 19:29

Stating the obvious at 100p the annual yield is 11.65%

[jam2day] 03/10/2019 11:54

Stand corrected - missed last sentence below

Dividends

The Board is pleased to propose an unchanged final dividend of 6.15p per share, which if approved at the Annual General Meeting to be held on Wednesday 30 October 2019 will be paid on Thursday 7 November 2019 to those shareholders on the register at the close of business on Friday 4 October 2019. The shares will become ex-dividend on Thursday 3 October 2019.

[bc4] 03/10/2019 11:52

Ex divi always Thursday for nearly all shares in uk

[zangdook] 03/10/2019 11:50

It's worse than xd. Perhaps it'll recover by teatime. A bit cheap now.

[fenners66] 03/10/2019 11:38

How can you get the xd day so wrong jam2day ?

[toffeeman] 03/10/2019 10:34

My diary says today is Oct 3rd!

[sailing john] 03/10/2019 10:27

No XD today. From Results "The shares will become ex-dividend on Thursday 3 October 2019."

[jam2day] 03/10/2019 10:11

No ! ex div date 4th close of business Ex div effect on Monday

[owenski] 03/10/2019 09:27

XD price dip.

[aleman] 01/10/2019 10:28

I've never seen a share ignore its 200-day average so much.

[ltcm1] 01/10/2019 09:56

It's a very dangerous chart here though.

Sorry but with Invesco and Woodford holding so much stock here the chance of a downside shock is really high.

[sailing john] 30/9/2019 13:36

ltcm - If you want a head and shoulders pattern - look at July/August and where price went in September!!!
Perhaps twins are needed!!!!!!