Ssp Share Discussion Threads

[davethehorse] 21/6/2024 14:05

Shorters moving in late again...

[davethehorse] 21/6/2024 10:52

2nd half should show strong earnings too...if they exceed the broker forecasts then expect a re rate and a badly burnt shorters #toast

[everton448] 21/6/2024 10:41

Where do you get revenue is dropping? I thought that was the one positive - that revenue is rising strongly, even though debt is increasing as they refurbish units deferred since Covid.

[scepticalinvestor] 21/6/2024 10:34

Who wld buy this? Huge debt, rev dropping, increased regulations.Perfect storm for a drop to below a quid imo

[davethehorse] 21/6/2024 10:20

Any hint of a bid rumour now and the touch paper will be lit....

[davethehorse] 21/6/2024 10:11

By oversold I am just talking on the volume of trades recently and the significant drop in price, normally you see a bounce from a share that's oversold, we had one from 160p to 170p briefly then got hit with the broker downgrades and more shorts

[scepticalinvestor] 21/6/2024 10:10

This dog is a shorters pradiseShort from 161 doing rather well i might say

[everton448] 21/6/2024 10:06

But why do we think it is oversold? Why do we think the intrinsic value is £1.2 billion - rather than say £1 billion?

[davethehorse] 21/6/2024 09:46

It's just being played with by the shorters....no idea which way it will go but it is oversold

[everton448] 21/6/2024 09:27

Bought some at 1.49 yesterday but now thinking that I was too early. Could see this going down quite a bit further now
DYOR

[davethehorse] 21/6/2024 08:35

Need the company to start a programme of buy backs to counteract the shorts imo...

[davethehorse] 20/6/2024 16:17

Edit.....29.2 million shares traded....I imagine that means that some of the shorts have been closed out?

[davethehorse] 20/6/2024 15:51

17 million+ shares traded today...EDIT....23 million....

[davethehorse] 20/6/2024 15:09

You would think management would be taking full advantage of the fall in share price to hugely average down...??

[davethehorse] 20/6/2024 13:42

Going to be very high volume today....near the bottom....??

[everton448] 20/6/2024 13:23

Unless it's not oversold....

[davethehorse] 20/6/2024 12:53

Could bounce off this now it's so oversold

[davethehorse] 20/6/2024 10:35

No idea what price the shorters have in mind to close out but it's a lot lower than 150p I think

[everton448] 20/6/2024 08:54

Some achievement for a business that sells food to travellers to hit an all time low in the middle of a structural travel boom!

[davethehorse] 20/6/2024 08:42

No idea...keep a close eye on those short position every week

[everton448] 20/6/2024 08:32

Wonder how low this goes? £1.25?

[davethehorse] 20/6/2024 08:28

Going sub 150p for sure....the shorters in total control

[everton448] 20/6/2024 08:12

All time low approaching