Ricardo Share Discussion Threads

[badtime] 07/11/2003 11:03

ya agm statement is out...hence further drop

[overline] 07/11/2003 11:02

"It's their AGM today -- expect poor trading update"
That would be strange in view of the Directors` buying Last month!

[pictureframe] 07/11/2003 10:06

Looks like that was a nasty little tree shake. should have got some more !

[pictureframe] 07/11/2003 09:50

When is ex divi date ? Could it be that ?

[danny murphy] 07/11/2003 09:49

Sold out at 205p, bought in 3/11/03 at 242p ouch!!!

[pictureframe] 07/11/2003 09:24

I hold from £2.40 , this is looking seriously undervalued at £2.00 BUT need to see what happend later before I get in again

[campbed] 07/11/2003 09:24

It's their AGM today -- expect poor trading update

[pictureframe] 07/11/2003 09:18

whats up with this ?

[blackbear] 07/11/2003 08:27

Look's like a no brainer short still on the chart, but on fundamental's im looking to buy v soon.

[panagos] 05/11/2003 18:51

240p support gone?

[danny murphy] 02/11/2003 17:58

It seems to me that it has reached the bottom. Not without risk though, the consensus forecast profit is down to £14m. I am thinking about buying very shortly. The buying price of 243p ish does though look attractive to me!!!

[pictureframe] 29/10/2003 13:22

cant see it, it held this level for a couple of weeks now . Looks like a trend reversal will happen next. imho

Personally got some as it still makes 16 million profit and it looks ripe for a takeover at this marketcap

[panagos] 28/10/2003 18:40

Still, its on a longer term downtrend though

[pictureframe] 23/10/2003 13:26

up a tick no mean feat in this market

[pictureframe] 22/10/2003 08:45

down slightly as last day for divi payment

[huwrayhenry] 21/10/2003 20:56

6p div on wed.
shorts closing plus a wee bit of buying.
taken a long.
HH

[pictureframe] 21/10/2003 13:06

LONDON (AFX) - Ricardo PLC said Aviva PLC has acquired 100,000 shares in the
company, lifting its stakeholding to 8.12 pct.
[e-mail]

[pictureframe] 21/10/2003 12:23

Yep spread has been closed looking to business. Need to get above 2.50 to show real breakout

[monty burns] 21/10/2003 12:20

Me too, spread small for a change (trying to get mugs like me to buy?) not bought a lot, want to see if we get stuffed when it goes ex-div tomorrow.

Long term hold, I expect.

[pictureframe] 21/10/2003 12:06

Just got some of these, looks like its set to bounce of the bottom.

Look at the chart imho

[panagos] 16/10/2003 15:16

Well I said on results day short term target 2.40p, got it spot on, if this has bottomed.

Think its upwards now. (16.2 mio profits made)

Wish i had put my money where my mouth was

[monty burns] 09/10/2003 16:51

Not posted there, but still holding 32k of FFY. Consolation for missing out on the big move on DEB, hopefully plenty more to come.

Had a look at Symhony Plastics, can't remember why I wasn't so keen - I think I prefer larger mid-caps in general to samller co's, still plenty of value, but spreads and tradeable volumes make exits easier, Another reason I'm hanging off from buying RCDO.

[goliard] 09/10/2003 16:37

Monty,

If you look at the 'fundamentals' section it says Oct 22nd. I'm not a fan of buying for dividends and prefer to buy the shares after the drop. The div is about 9p (I think) so we could easily see 225p or lower by the end of the month.

I agree with a previous post that this is fairly valued, rather than cheap and I would like to see 200p to buy. Support service companies can easily trade at a pe of 6-7 in difficult times, but like you, I like the 'no debt'.

Have you been on the Fyffes thread? I also like Symphony Plastics as a speculative play, and I hold both.

[monty burns] 09/10/2003 16:18

watching too goliard - fits my main criteria of low PE, no debt, fallen heavily and currently out of favour. There are issues however over the market they work and also the pension cost.

PLeased to have been patient ths far and missed the drop today, still waiting.

And I can't tell from the results when it goes ex-div. Any ideas?