RSM Tenon Share Discussion Threads

[johncraven] 12/4/2011 17:58

well from 65p down to 33p. A bounce would seem well overdue

[envirovision] 12/4/2011 16:01

There must be one hell of a seller with no willing buyer at all for it to get beaten right down to here and a quick look at the volume seems to confirm that.

The RSI looks like its almost at zero, unprecedented there could indeed be one hell of a bounce.

On the other hand such an oversold RSI can continue for some time, but unless there's some kind of hidden skeleton the company is hiding I would favour the former.

[masurenguy] 12/4/2011 15:51

bonio10000 - 273: Astute director purchases.

It just goes to show that Director share purchases are not a good guide to insider perspective in relation to the share price, at least over the short term.

[johncraven] 12/4/2011 15:50

must be some kind of bounce due here soon surely!

[bonio10000] 12/4/2011 15:34

Astute director purchases.

[johncraven] 12/4/2011 15:19

dont this TNO knows any other way to go but down. If you bourght all the shares in issue it would still drop.

[marginal comment] 11/4/2011 17:36

Reason for the fall?

[nicedude1976] 11/4/2011 15:26

Weaker and weaker. Is it going to repeat what it did in 2006 when it bounced back after the new minimum or will it get worse this time... ?

[the shuffle man] 11/4/2011 14:05

I thought we had bottomed out but we now seem to be going ever lower. Dont understand it.

[disevitt] 31/3/2011 19:44

i think this is being exacerbated by a CGT-related selling wave. people selling to crystallise losses to offset their gains to reduce their CGT bill. if this is the case, then post 5th april, this will return to a more realistic level

[azalea] 31/3/2011 14:21

30P will make uncle Bob very annoyed.

[gorvachof] 31/3/2011 12:08

I agree Shuffle man, doesnt look good. falling further now, next stop 30p?

[bonio10000] 31/3/2011 10:06

That's a decent loss in a month.

NY Boy - 25 Feb'11 - 10:20 - 242 of 264


err YES if the CEO buys copious quantities of shares down at this level! I think he knows more than we do, I think you will see a rapid recovery in the share price Their acquistion last year is starting to bear a good harvest, they were hunting now they could be "the hunted" in 2011!

[the shuffle man] 31/3/2011 10:03

At this rate it seems the market is pricing in another profits warning. If not they look well oversold and very cheap.

[petersinthemarket] 25/3/2011 20:07

still holding around the 40p-ish support line.
good buying opportunity or simply run out of steam?
relatively poor correlation between share price chart and vol chart.
wonder where the share price driver will come from?
pim

[azalea] 24/3/2011 12:16

Interesting volume of shares this morning. A big clear out of sellers will be good for the share price

[azalea] 24/3/2011 08:05

Feb/March 2011, 5 brokers give a 'buy' recc, 1, broker gives an 'outperform'.

[petersinthemarket] 23/3/2011 19:34

petersinthemarket - 4 Mar'11 - 19:57 - 250 of 259 edit

tno looks to be a good trading share. Pick it up near 40p, sell it near 60p. Then repeat for as long as the trend continues. Of course there is always the risk that it will not continue. A trend only survives until everyone notices it and if I have then I'm sure others have too.
pim

Will the previous trend hold or not?
Watching like a hawk for the upturn.
Exciting isnt it?
pim

[azalea] 23/3/2011 12:16

Given the government is bent on boosting jobs in the private sector, today's budget should contain features to boost UK companies prospects and workforces.

[the shuffle man] 23/3/2011 08:30

Azalea

I agree with what you say. Bob Morton doesnt just throw his money away. They now offer a decent yield and a very low PE, so why do they keep falling?

Am thinking of buying but its like catching a falling knife at the moment.

[azalea] 22/3/2011 13:10

judging by the buying volume, this is not going to sit around at this price much longer.

[azalea] 22/3/2011 11:28

On the 25/2/11, the IC reported that the share price had dropped 16% to 45p after H1 results and stated that it stood by its previous 14/1/11 Buy recc @ 57.5p. It also stated that that at 45p the shares were trading on "just five times forecast EPS". Since then the share price has fallen a further 11%, whilst directors bought 750,000 shares, well above the current price. Today we get a rns stating that Bob Morton has bought an additional 85,178 @ just below 40p. Given the overall fall in the share price and director purchases,I think now could be a good time to buy; so I have.

[bonio10000] 10/3/2011 11:11

Yell interest me - purely due to the advertising to get the digitial revenues up.

[ny boy] 10/3/2011 11:06

bonio1000 Maybe but I'm looking 3-5yrs hold. Holding up well considering the market is pretty much down across the board. Adding more HTT, YELL today