Relax Grp Share Discussion Threads

[theresearcher] 07/9/2009 14:00

50k@12p must be a delayed sell from 2 hours ago that caused the fall.more than bought up.should recover.NOW

[theresearcher] 07/9/2009 13:57

all buys
on plus.

[theresearcher] 07/9/2009 13:55

bid sneaking up on the qt.

[theresearcher] 07/9/2009 13:48

buying continues dg

[theresearcher] 07/9/2009 13:37

debiegee way oversold.online buy limits now 25k from 50k should recover shortly.imho

[theresearcher] 07/9/2009 13:28

another 18k buy should get through 22-24p on the run up too interims on the 30th.imho

[debbiegee] 07/9/2009 13:28

I bought the 15k ,didnt want to push my luck at thet price or they would have quoted more. May have another nibble.
So if we consider 65 to have been the price and then insiders new of trouble in the doard room and business significantly down the question we have to ask is HOW MUCH DOWN ? 50% 20% ?
It has been marked down 80%.
Results may well well show it is at least 50% oversold.
I still think a fair price could well be 30-50

[theresearcher] 07/9/2009 13:15

did that 10k cause the fall.crazy stuff.50-60k in buys here and plus.another 15k buy on plus should start recovering.

[theresearcher] 07/9/2009 13:00

buyers coming in now

[theresearcher] 07/9/2009 12:55

way oversold just bought another 10k@13.75p on plus.

[theresearcher] 07/9/2009 12:52

recruiting.

[theresearcher] 07/9/2009 12:37

very encouraging signs and interims 30th are mm,s collecting stock.all buys today.

[debbiegee] 02/9/2009 17:15

Growth investor appear to have arrived a little late on the case IMH0 and the market judging by todays performance.

Basically those in the know of trouble in the boardroom were selling from 65.
In the 20s as a lay investor taking into account rnss and broker info to date I had thought perhaps they were oversold and a bargain.
Alas the man in the St was again unaware of the trading statement to come as those in the know dumped again.
Im still of the opinion that a fair price is somewhere between 20 and 65 and untill we see the full picture with the latest results we will not know if we are oversold or perhaps worth 30/50.
I often wonder what the previous management were thinking letting us believe the previous brokers note knowing that the business was sliding,it obviously leaked to the chosen few and I feel they should be accountable in some way.

[jarvis4] 02/9/2009 16:49

Still believe this is typical tactics for new management. Indicate that there are "financial issues", downplay expectations, talk down turnover and issue a profit warning. All that drives down the price then, some months later the management buy in at low share price levels, say they are backing their own judgement with their own money, and issue bullish trading updates and figures. Hey presto everyone thinks the new management is the cat's pyjamas and the share price shoots up much to shareholders relief/pleasure. Oh yes, and in the process management make a killing. Twas ever thus.

[investinggarden] 02/9/2009 09:00

Sell rating from Growth Company Investor

[debbiegee] 21/8/2009 11:24

Amazing,10k sell 1p wiped off ask and bid then 25k buys and only 1p mark up on ask.
Perhaps mms holding a few after the sell off the other day ?

[jarvis4] 20/8/2009 08:29

bb - I take the point you are making but, if the expected avenues have closed due to market turbulance, then the indebted individual will need more assistance - which presumeably RLX will provide.

Don,t forget also, RLX is no "one trick pony" and is, I am sure, evolving it's business in line with market changes. I still take the view that the new senior directors would not have come aboard if they saw a dead or dying business. Guy's with their backgrounds do not want failures on their CVs. There may well be consolidation in the whole debt management market and RLX could easily drive that. But, hey, what do I know? I'm just a small PI trying to see through a fog and second guess the future.

[jarvis4] 19/8/2009 10:00

I'm not sure the new CEO and FD would have come in if it was a dead business. There have clearly been boardroom issues after Relax came aboard and a new senior team to stamp their authority on the business is the right way forward in my view. The uncertainty has spooked the market and yesterday's statement is a typical "kitchen sink" job. Any improvement now will be seen as down to the new team.

The point you make, BB, about the final payment may well be true but it will simply be a question now of finding a further resolution - which businesses do all the time when circumstances change. The rising levels of personal debt problems will be with us for many years and I still take the view that this business will enjoy profitable growth.