Shore Capital Share Discussion Threads

[landsker] 08/1/2009 09:04

sell sell sell sell before it too late

[ariesr] 08/1/2009 08:19

I see what you mean. I've just tried their email and it has bounced back as a failure.

[ariesr] 19/12/2008 21:18

?!?! What is happening here?

Didnt expect a sudden capitulation, just gradual.

[thehardestbutton] 05/12/2008 16:58

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TheHardestButton - 13 Dec'07 - 12:50 - 34 of 53

What are the forces driving this share down?

Exposure to commercial property through its portfolios and funds.

Exposure to AIM market performance through its market making activities

Exposure to 'high value individuals' moving funds away from both of the above affecting their stockbroking business.

Short this one down to 20p - I think previous Institutional investment will be concerned for retention of dividend and long term strategy and will be slowly exiting. I wonder what there position is re liquidity in some of the PUMA funds if investors make a dash for the door?
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Well it took a year but it got there in the end.

Conditions have not changed and I cannot see any change in strategy or in trend so I remain very bearish. Can't predict a bottom for this now but the trendlines are not encouraging.

[ariesr] 22/10/2008 11:28

And the fact they have plenty of their own money.

[jarvis4] 22/10/2008 09:40

ariesr,

Apparently not despite the release of not such terrible results for the quarter.

[ariesr] 11/10/2008 11:16

Hmmm, this share hasnt moved all the muich recently despite the turmoil.

Could a bottom be in?

[ariesr] 23/9/2008 12:37

I might consider getting in a weeks time, the price might have been reached by then.

[thehardestbutton] 23/9/2008 10:23

My target price of 20p is fast approaching but given that SCAP has most of its fingers in all the wrong pies at the moment (AIM market making, property, fund management) I think I will stay on the sidelines.

Those buybacks in the 30's and 40's range don't look so good now either!!

[rod aries] 12/9/2008 20:51

The share price doesnt have far to go to reach last bottom. Be interesting at that level to see which way it will go.

[sharw] 12/9/2008 18:44

Kiss of death today - IC rates 'Buy'

[rod aries] 12/9/2008 17:30

Well, the fund performance isnt surprising in the least. But once this year is out, it could be time to go long.

They have the cash to keep the company ticking over nicely.

[ariesr] 29/8/2008 10:16

Results anyone?

I'm guessing 16:31

[ariesr] 18/7/2008 18:24

I'm keeping my powder dry for the moment

[tuffbet] 14/7/2008 10:07

management will often keep buying in shares in their company even when it is clear to those with no vested interest that it's the wrong thing to do. Executive share options can of course influence, clear decision making as can simply believing that you are as a manager in a better position to judge than anyone else.

What's clear to me is that the sector may have already fallen but this bear market in financials, particularly asset management stocks, has a long way to go yet before it gets anywhere near the bottom - news flow from the sector itself will be I think the catalyst for further weakness.

Recent news from F&C and Dawnay point the likely way things are going to go but the bulls of the financial sector will not believe it until prices go much lower

[thehardestbutton] 14/7/2008 08:45

Another GBP 5m spent trying to prop up the price of their own stock.... if they think its only worth 26.5p then I think the market will act accordingly.

This has further to fall.

[pro_better] 13/7/2008 21:15

20p is on the cards... nice one...

[thehardestbutton] 13/7/2008 21:07

Oh dear....



It also has a quoted hotel joint-venture company with Shore Capital. As well as the Lygon Arms, it has 19 other hotels such as the Carlton in Edinburgh, The Marine in Troon, The Majestic in Harrogate and The Imperial in Torquay. It also owns a 50% stake in The Wolseley, which was created by Jeremy King and Chris Corbin, the restaurateurs behind The Ivy.


Possibly not a good time to have to unwind a hotel portfolio....can only see a bad response from the markets in the morning.

[thehardestbutton] 04/7/2008 08:50

Trend is still down - the only people buying the shares are the company themselves (with shareholders cash) and even Directors are selling.

They will be buying their own stock below 30p within the next month by my reckoning!!

[ariesr] 18/6/2008 16:16

Seems to be making small recovery.....finally after a year of downward trend.

[thehardestbutton] 11/4/2008 12:02

Another 3 million odd at 29p - just where is this going to end?? Management buy out maybe?? Surely would make more sense to let the share price reach its natural level of value first?

Anyway - Let the trend be your friend. Still heading south even with todays spike/dead cat bounce!!