Tp Icap Share Discussion Threads

[sick of it] 21/11/2021 17:55

thank you RC for being the expert.
We all need you, thank you very much

[quigonjin] 21/11/2021 17:40

RC, indeed. But, there is a descending wedge that has formed on the weekly which is coming to a decision point. I would think vol will pick up in which case it shoud break out to the upside, but do expect a retest after it does, unless we have a complete S&P capitulation (which is possible).

I have this at around 1.40 as a kind of hedge. Sure it's underwater, but not as much as the VILX or similar would be. Also have Dutch company FLOW which is a market marker and naturally long volatility. That too is dragging but is there for insurance. A kind of set and forget until stuff hits the fan...

[rcturner2] 21/11/2021 09:09

The share price was 159p when I posted this:

RCTurner216 Sep '21 - 08:58 - 457 of 492 Edit
0 0 0
The chart is terrible, the way the share price is moving away from a falling 200 moving average is evidence of a continued downtrend.

People talking about this as a recovery play are well ahead of themselves. It hasn't reached the bottom yet.

[rcturner2] 21/11/2021 08:39

Still a very poor chart here, there is no evidence that this has bottomed yet.

[janhar] 21/11/2021 00:14

This is a massive inflation play - bought in recently- a little too early but have averaged down. Once interest rates start going up the volatility will seriously boost trading activity

[creditcrunchies] 20/11/2021 22:28

you do wonder what will happen here if the indices start a correction I'd rather wait and see tbh

[sick of it] 19/11/2021 07:52

Bluenango- I fully agree with that.
Especially knowing last time there was massive volume increase of over 500% as it bounced, it hit 6.6m from 1.2n shares.

[bluemango] 18/11/2021 19:10

Double bottom would be nice.

RSI hovering under 30, oversold territory.

[mrthomas] 18/11/2021 17:24

brought into this stock again after many yrs solid business giid div and capital upside strong bal sheet

[davwal] 10/11/2021 20:49

So they (EU) have woken up and smelled the coffee..

[farrugia] 10/11/2021 19:30

could this be the reason for the tick up?

[davwal] 10/11/2021 19:26

So long as there’s not a peanuts offer incoming..!

[creditcrunchies] 10/11/2021 13:17

what happened did a trainee hit the wrong button?

[farrugia] 10/11/2021 13:10

some signs of life? volume today seems healthy

[brucie5] 05/11/2021 15:02

Fair enough. I assume you read the JP Morgan note, which was really about a doubling of the PE to reflect its sector.

[rcturner2] 05/11/2021 14:10

RMG is not the sort of company I go for as the margin is very low historically, 2 or 3 %. I don't like low margin buinesses. To be honest at the moment there aren't a lot of shares I like. I have sold a few and mostly reinvested in investment trusts.

[brucie5] 05/11/2021 09:28

Yes, you did well to cut early.
Have you noticed RMG btw? There was a new note out. Small discussion on that bb., but it may have started to turn back up. good value.

[rcturner2] 04/11/2021 16:15

I dunno, I'm just glad I got out of this one when I did. The chart is awful and seems to be getting worse. There is no recorded short position as far as I can tell. The market is saying something about the company that is not yet fully known I think.

[brucie5] 04/11/2021 09:25

RC - capitulation in yet?

[rcturner2] 02/11/2021 21:23

I was going to post the same thing earlier. It looks like a large seller exiting the stock.

[creditcrunchies] 02/11/2021 19:30

somebody dumping their entire load working it through by the looks of it, the drop speeded up at the end so it looks like there is more to come tomorrow

[spectoacc] 02/11/2021 18:14

You're all buying - who's selling?

[bluemango] 02/11/2021 16:54

This is now at the price of the Rights issue used to fund the LiquidNet acquisition. A Rights issue which was strongly taken up at the time.

[bluemango] 02/11/2021 16:51

Agree the update was fine and didn't warrant the further drop today.

Catching the bottom is never easy but there's an argument for saying this drop is already overdone.

[coxsmn] 02/11/2021 15:53

Added here.Update and valuation looks good to me.