Ricardo Share Discussion Threads

[goliard] 09/10/2003 15:29

This one is on my watch list, but I'm a bit concerned by the rather sudden drop today, as opposed to a steady move downwards in light selling. I haven't checked the trades, but there must have been a big sell order to do this.

edit,
Have now checked trades and see 1.5 million dumped at 225p. Not encouraging.

[jennywren] 09/10/2003 14:22

With reference to my earlier post I have now bought in today as it has hit what I thought it might do. I only hope that the remainder of my prediction stays the same or the large spread means that i could be about £100 down straight away.

I don't have any affiliation to the company nor any great research ability. However I do believe that the company makes good products and it is trading very cheaply at the moment, buying driven by sentiment is not a good recommendation but what the heck, its only money.

[salpara111] 07/10/2003 11:51

I used to work for Ford and I would have to say that I am surprised to see just how tough things are for Ricardo as I always seemed to be tripping over their staff at the engineering centre and as more full time staff heads were removed there seemed to be a corresponding increase in the amount of work being farmed out to consultancies like Ricardo. I've never owned these but feel that while there will undoubtedly be margin pressure on the business the volume of work should hold up well, having said that I guess that at 260 you would have to say that the valuation was fair as opposed to being cheap.

[jsman] 26/9/2003 14:18

Directors bought in, can't go far b4 a rebound.

[offerman] 23/9/2003 00:00

Not connected to that nonse off rise is it?:~)

[panagos] 22/9/2003 22:24

good call HH

[huwrayhenry] 22/9/2003 22:18

Do love this stock, got a short off on friday, closed today for +90.
Seem to remmber some support around the 260/270 mark so happy to take profit.
HH.

[josephmsmith] 22/9/2003 18:07

The FO was a bit pessimistic no?
Just as well we are not in a recession.

IMHO - Bounce bounce bounce bounce.

[jennywren] 22/9/2003 16:13

I reckon a fall to 245 then a dead cat bounce of around 10p. level off at 240 before rising to 280 over the coming year. Anyone else willing to take a guess.

[vision88] 22/9/2003 13:20

tired of sitting in a loss ? JAS is ticking up 73-78p retracing to 90p+

[panagos] 22/9/2003 10:42

Yes, co. posts 16.2 m PROFIT and its leader no.1 for the day..WEIRD

[vision88] 22/9/2003 10:40

if only this company could post some huge losses it would fly up

[panagos] 22/9/2003 08:25

Yep, still in the long term falling trend...... short term target 2.40p?

[broadwood] 05/9/2003 08:52

hh
This has not been the time for fence sitting!

Results out 22 Sept

[huwrayhenry] 16/7/2003 16:19

Out now, just going to sit on the fence for a while.
HH.

[panagos] 10/7/2003 21:29

yep, looks like its still in the longer term falling trend..

[panagos] 10/7/2003 21:28

Good call HH you seem to know your charts eh?

[huwrayhenry] 10/7/2003 21:24

Well managed to get some more off today so if this fellow acts as is usually does then its a slow path down/thru' fib level supports at 325/310/285 to the btm. The complete move should take about four months but should be worth the wait.

HH.

[panagos] 09/7/2003 23:51

long term trend is still down, this is the critical point agreed

[huwrayhenry] 09/7/2003 23:46

Short a few of these the other day.
Several of my indicators are showing it's time for holders to take profit.
Will add if the move is confirmed.
Any one out there??

HH.

[panagos] 30/4/2003 14:24

Bottomed out? I shall see

[broadwood] 30/4/2003 14:20

Anyone know why this has grown wings today?

[dr darkstar] 20/2/2003 21:03

results soon ... price action suggests a pending profit warning .. has anyone any info ??

[huwrayhenry] 19/12/2002 10:24

Off at last!!
HH.

[huwrayhenry] 03/12/2002 22:34

Down from here......

HH ;->