Singer Capital’s analyst has published a report today entitled ‘Turning Point’ and upgrading VCP’s forecasts accompanied by a BUY recommendation |
I think we could get a cup and handle here and the handle is just starting. It means it’s gonna keep dribbling down for a bit and then up ! |
Floors are 110 and 100. It’s got to 110 ish verrry fast from 151p on Monday so im not interested at 110 |
If it can’t make it on a ‘ labour’ up day ……. |
That's quite a significant Net Debt given the operating loss and decline in revenues ?
Net debt
£658.2m
Net debt / EBITDA
6.2x |
Personally I do not think it will get down to 100, possibly around 110 support and then look at a reverse head and shoulder pattern back to the 155-165 resistance level |
(But if you are adding more wait for an intraday pullback to 100p) |
You’ll be fine at 150. Should be about 225 in fairly short order. |
Certainly higher than 120 level, the only issue is managing the debt, which should be manageable and that is a way off yet. Originally bought at 150 ish and view this as a longer term buy may add at some point... |
Scars
Longer term value here is HIGH ! |
There maybe still plenty sat on profit ready to cash it yet ,, after all ,, it’s still up plenty from 50p! |
Just finding a current level.... The question is what is the longer term value? |
Morning all
More share price shananigans expected here today . Swings . False moves etc Yestetday it went from 127 blue to 112 red in less than 30 mins |
225 ish i think next leg up but not before going down a bit |
Too early for me ! |
Looks like it's got some support @ 117. Just need John to throw half of his profits again and that will get the price moving up again :) I've bought back in a decent slice around this price. |
Can't see any big trades going through maybe 30k max so now in the hands of the PI's |
Added more 119 |
Sort of ,,, not negative I concur …but the USA may affect stocks .. their inflation figures out in the next day or so . Good luck |
So gripfit, watched the inflation news and it was positive, still probably won't effect the sp! |
welll bid morgans stanley buying more |
heading up now |
Underlying Asset:VCP Barrier Levels: Lower Barrier at 145 Payoff Structure: Gains are realized if the underlying asset remains within or "bounces" between the defined barriers during the observation period. Maturity: this week Risk Level: Moderate |
You are correct however that RNS on holdings have created spikes but i think even some of those now while the stock has some pressure on it will prove to be short lived |
Yep
So ive got floors at 110p and 100p . Im included to wait to see if 100p holds .
Also beware of traps up and down they are moving it all over the place case in point the range yesterday was 27 pence intraday its unreal but there were 2 days last week with also 30 pence + swings
There’s no rush to buy today thats for sure . Likely be a few red days |