Reuters Share Discussion Threads

[alchemy] 30/7/2005 13:37

Truly this share is over priced.

[ianwc] 29/7/2005 08:42

What The Brokers Say
Strong Buy 4
Buy 7
Neutral 6
Sell 0
Strong Sell 0
Total 17

[ianwc] 29/7/2005 08:39

28-Jul-05 CSFB Outperform 387.50p 510.00p 620.00p Reiteration
28-Jul-05 JP Morgan Overweight 387.50p - - No change
28-Jul-05 Deutsche Buy 387.50p - - Reiteration
27-Jul-05 ABN Amro Buy 387.50p 470.00p 450.00p Upgrade
27-Jul-05 Lehman Bros Overweight 387.50p 500.00p 600.00p No change
26-Jul-05 Merrill Lynch Neutral 381.75p - - No change
26-Jul-05 Panmure Gordon Hold 381.75p - - No change
15-Jul-05 Wms De Broe Buy 404.75p - - Reiteration
13-Jul-05 Goldman Sachs In-Line 411.25p - - No change
13-Jul-05 UBS Warburg Neutral 411.25p - - No change

[ianwc] 28/7/2005 18:26

so first Fidelity are buying, now they are selling? All in the span of one week! very odd.

[ianwc] 28/7/2005 16:12

no worries. I added a few at 384p. But that is all i am buying for now. I would like to see how this plays out over the next week or so once the latest update has soaked in. So far analyst reaction is good. I only hope the institutions feel the same.

[shayadfn] 28/7/2005 15:37

Thanks Ianwc - I have added a large amount over the last couple of days

[ianwc] 28/7/2005 15:32

3rd August. Payment is 7th September.

[shayadfn] 28/7/2005 15:29

Anyone know when this stock goes XD

[ianwc] 28/7/2005 14:34

bloody hell, thats a whopper!

[ianwc] 28/7/2005 09:40

yes possibly. l2 looking much better now.

[shayadfn] 28/7/2005 09:00

You kinda a get the impression that the price is being held back so some orders can be filled.

[ianwc] 28/7/2005 08:53

so much for my theory of 390p opening today! doh!

[heidigynne] 27/7/2005 23:41

Well, what about this, then?
[all conjecture of course].

1/. RTR want to buy-back.
2/. Fidelity have lots.
3/. Good press and expectations take RTR to 420 ish..
4/. Results and outlook released.
5/. Fidelity sell down aggressively.
6/. Press reports innocently and earnestly explain why they think the price has been marked down. [re-structure costs outweigh near term profits etc. etc..].

However;

7/. Extaordinary volume of nearly 100 mil. recorded, [Tues].
8/. Volume buying @ 385 noted [Tues.].
9/. Volume buying @ 390 noted [Weds.].
10/. Holdings notices released late day Weds..
11/. RTR Bought back 1 mill. [note price?].
12/. Fidelity now hold 13 mill. more.
13/. No other holdings notices printed.
15/. 3 Broking houses have upgraded. [Lehman now declares a £6 target, even].

So, who sold, then bought-in for a 13 mill. net holding gain [plus some cash on the side]?

And;
Who may have benefited from this depressed price?

Probably a load of bullocks [above], but why would Fidelity up-stake by a goodly %age if RTR was off the rails?

rgds.,
H.

[ianwc] 27/7/2005 22:11

Fidelity picked up 1% of RTR in the last three days. And RTR started the buy-back program .... GOOD.


RTRSY closed up 2.6%, we should open up at 390p minimum tomorrow.


dyor.

[ianwc] 27/7/2005 15:57

was there? I missed it. L2 weakened somewhat from this morning. that sucks.

[shayadfn] 27/7/2005 15:18

odd movement on L2

[ianwc] 27/7/2005 11:44

Cazenose had kept thier buy stance too. good to see all the anlysts aren't coming out on the attack.

[psps] 27/7/2005 10:43

Looks like it will be 390p all day then

[ianwc] 27/7/2005 09:57

would be great. but i will be happy with 390 eod close

[psps] 27/7/2005 09:28

even 395p will be good target to hit for today

[j tuwatmoya] 27/7/2005 08:54

might only reach 395