Redde Northgate Share Discussion Threads

[sbb1x] 15/10/2019 15:58

Arent you that guy that works for share price ...

[ltcm1] 15/10/2019 15:55

Anyone know what Shareprophets have said about Redde??? Are they arguing the bull case on this one?

[bc4] 15/10/2019 15:18

There you go Woodford down to less than 5%

[rogthepodge] 15/10/2019 14:18

ltcm1 is my little stalker. He has many monikers! He keeps telling everyone I owned Globo. I didn't and I don't even know what it does. But this common mistake repeated by many different aliases, gives lie to his or her modus opeandi. ADVFN should ban the practice of phony multiple aliases. It is arguable that this deceit creates a false market. Why doesn't the F.C.A. do something, or tell ADVFN to tighten up?

[aleman] 15/10/2019 13:58

I was watching an investment video somewhere recently that value investors struggle in the slowdown leading up to recession but then outperform greatly in the recovery period. This is because there are some mature value companies that are indebted "old tech" and get wiped out by structural changes in their market that pass the baton on to "new tech" upstarts in recessionary periods. Stockmarkets discount prices of such companies in a slowdown before a recession hits until they eventually reach "priced to maybe go bust" in the middle of recession. As the recession ends, interest rates fall and recovery takes hold, the surviving indebted "old tech" companies then live on for another growth cycle and those priced to go bust then turn out to be very profitable bargains and give short-term outsize returns from the starting point of excessive - even double figure - yields.

[bc4] 15/10/2019 13:28

HA HA we will see on the 30th of October PS the only stink around here is YOU

[ltcm1] 15/10/2019 12:53

This stock has a stink about it and all the appearance of fool's gold.

There is a common theme with Woodford's income picks and it is profit warnings and management miss steps.

The chart is also indicating there is about to be another profit warning here.

rogthepodge talking this one up should be a further red flag, he made similar bull calls on Globo, Purp, Slater and Gordon amongst others.

If rog turns up here treat it as a SELL signal.

[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