Need GF and co to start loading up on volume, that would push more shorts to the exit, let's see . |
The inflation bid today has seen other HBs see rises of c 4-5%. So if you deduct that from todays update, an 8% rise is mini al considering the share price has been decimated. I don't believe it's over excited investors that are buying, I believe it's largely down to short closing with a little help from b/backs. Finish on an intraday high and sone more positive updates from other HBs this week would also help. It got bashed on the hope that there's more internal bad news but removing the FUD will see this steadily move north. |
My target for trade here is c650p. The TU did't give me reassurance that everything is ok.
As per my assertion, it will take months for the markets to trust the current BoD. |
Trying2trade
Absolutely. Those underwater getting excited believing that everything is fine and so averaging down.
Read the TU.
Best to trade. |
A trading statement that says it's no a complete disaster has got a few too many holders who are under water well over excited here. I was critical this morning of doom merchants but we have now gone the other way. The company essentially fell fave first into a muddy puddle and now some think we are sprinting. Id be quite happy to see us just standing on our two feet and shake off the last 6 months before we start getting carried away. |
Lets see if and how many shares the Directors acquire down here. 6.50 looks a sensible target (I agree) but we gonna be through 6 after todays session. Dont discount a hostile takeover too |
I don't see it trading there in Q1 but happy to be proved wrong. Can see it trading to the £6.50 region helped by short closing, that is happening now. Just need those economic drivers to help us along and no more skeletons taking a peek out of the cupboards. Also need the anti comp fraud investigation put to bed. The shorts are looking for the negatives but the biggest one has hopefully gone away ie the accounting scandal and if they deliver FY accounts as expected together with an on target q1, this will fly. |
Another few more sessions and some director buying and we could comfortably be through 7 quid by month end. |
Courtesy of Svend on LSE |
For those of you who've not listened to the analyst call this am.https://storm-virtual-uk.zoom.us/rec/play/xzzb880cdL0doUF2sXlZfhfPSTz98K6Bj36-wEkc78e9dmvT-NfGarW750WO4dlTm2kxzXr2nzFvo2Ab.0cRaOOYnumDWGNVH?canPlayFromShare=true&from=share_recording_detail&continueMode=true&componentName=rec-play&originRequestUrl=https%3A%2F%2Fstorm-virtual-uk.zoom.us%2Frec%2Fshare%2FNK07WTE4oLT4hipY1KqRd4gLz8P4gizNj9meIlBh4ikbwIzrRxRKOv-CDrrQsTlN.NlYlr4btEKMUR9l2 |
Lots of BELIEVES and EXPECTS in the rns. Says it all.
I bought a few this morning but intend to sell soon. Trading HBs. |
Decent analyst call - chairman confident for 2025. Purchased more for the 2025 locker |
Onwards Fell from 14 quid to a fiver in 3 months. Fell too far |
I reckon he will be buying stock again. Directors spent over 2m quid at 7.40 backend of last year. Now 5.40!!!! |
Analyst call in 10 mins so let's see what Mr Fitzgerald has to say |
The bears were looking for more misery but we'd had enough of that in Q4. Good start to the day helped by inflation numbers but hopefully the bottom is in. Buy and hold :) |
Spot on x. Calling the bottom here at a fiver . Onwards back to a tenner |
It was what I was expecting. No rockets going off but more importantly, no more stink bombs ! I wanted a steady the ship update and this is what this is. They've had to reorganise the divisional structure which they've done and they're stating that there is no systemic cost mis-management outside of South Division. Profit in line with the 24/12 update but debt £20m less which is obviously a positive. The 25 outlook is uncertain but as we know the sector is facing headwinds re inflation although CPI figures at 2.5% today will probably help. They're binning all the non commercial business and focussing on profitability. They will use scale to manage cost inflation and the NI change is manageable. Govt affordable homes program will be key to drive momentum in the partnership and retail space but as yet that's an unknown. SP been battered, no stinking news, steady as she goes. |
And by the way this will be up! |
I think you mean stonking not stinking-the two words are diametrically opposite |
How did you work out that maths? The corresponding earnings number is 61p for 2025, so its a PE of 8.5
Eric |
If they have then the business is trading on a forward PE of 5 before any further buy backs. I think this is the bottom at 5.20 |
Peel Hunt cut their FY25 forecast another 15%, to 290m of pre tax profit if Im reading things right
Eric |
It'd have been stinking if there hadn't been the previous warnings. It'll not move the needle in any direction. |