As the man once said buy when others are fearful. Just topped a small amount. This was a very good share pre TT and still is. Bargain. |
TTG is currently not a well run company, I read with dread the RNS stating the takeover and the debt pile that would accompany this. The current debt consumes quite a chunk of cash in finance payments, but that's palatable considering the quality of the stable of companies VLX has acquired thus far.
I couldn't see the rationale of acquiring TTG anyway, it's not exactly a fit for the current business, NT should maybe stick to his knitting, not everything he touches turns to gold, he's been involved in a fair share of historic business disasters. VLX is a gold standard of a turnaround and how to build a business, so dont deviate from what's working just fine, didn't agree with taking on TTG and am glad it's terminated. Maybe a little bit of trust lost here on this debacle, it'll take some time and numbers to move past that. Just my opinion. |
I was hoping after they decided not to go ahead with the Purchase the shares would head back up again. Guess I will have to wait for another set of results for a recovery. |
There comes a time though, when there is more 'value' in unloved index constituents. |
Agreed, you wouldn't mind todays fall if the UK market occasionally followed the US markets upwards, but nope we only follow when they fall |
Added at 282p.
The US have a monstrous party. They then sell down a smidgeon, not even a proper well overdue correction to give them some form a reality check, and our shares get clobbered even more on top of the existing clobbering of doom and gloom.
I mean, that makes perfect sense right?
So erm yeah screw you US, nibbled a few.
All imo
DYOR |
297.50p +4,25p
That's the way the way I like it, says the song and me too |
295.50p +2p
Last night's chart showed the 61.8% FIBO retracement early on the day
"61.8% is a Fibonacci retracement level that traders use to indicate potential market reversals."
It's considered a strong level of resistance or support, and traders may use it to enter positions. |
A very good size 84K UT @ 293.50p
16:35:00 293.50 84,547 UT |
I've purchase today.
At this low point there is no need for posters to speak badly about the company.
There is a solution if you are a shareholder, sell if you are not happy with the results. |
The lack of bounce since the TTG bid was dropped (quite rightly, IMO)surprises me,
but WTF? Good company anyway.
_____________________________
Re MASTER RSI:
Chill out, guys! We all have out own way of trying to read the market, right or wrong.
I can't see the point of getting shirty with others who we don't even know in person
(or is that the reason why? LOL!), & there often is some truth even if we disagree on the basics.
Whatever, if you disagree with A.N.OTHER, just filter.
Handbag fights are a waste of time. |
Slowly but surely the bounce back from the 61.8% Fibonacci retracement is on.
now 293.50 v 294.50p
Volume of 162K |
Everything is down today, especially the INDICES, Oils Gold, but not BTC-Bitcoin and the Pound.
INDICES ..........FTSE...................... FTSE MCX - 250 ...... |
re - filter
One less TO ANSWER... Piedro or is Petrus, o es "scoreggia" at your old age
" Va fa un culo " say the Italians, just right for you
There is a right to reply to the above foul language with a stronger one in order to stop it.
See it at the top, especially for you to seeeeeeeee |
FOUL !! - Master RSI now on filter |
Master RSI - what a load of incoherent nonsense. I would just give up now if I were you.
Just to be clear the share price was 338p before results and now down to 293p - given that the takeover is now off, this clearly demonstrates that the market was not entirely happy with the lacklustre results. Why do you refuse to acknowledge this? You are an utter imbecile. |
spread 291 v 292p -
With the Market well down once again, the share price has been marked down to 61.8% retracement. and could be the way to bounce back
the latest movements from 275p low to 320p intraday high
Retracements
0% 320
23.6% 309.38
38.2% 302.81
50% 297.5
61.8% 292.19
76.4% 285.62
100% 275 |
riverman77
re -I stand by my view that the sell-off was more due to the some lacklustre results
Once AGAIN you are WRONG
The reason is as soon as they announced the bidding was OFF, the share price JUMPED over 20p
So I am STANDIG you DOWN for too many wrong assessments |
OK so EPS not quite down but basically flat while revenue up strongly - that's isn't usually a good sign as one would expect EPS to at least grow in line with revenue. I stand by my view that the sell-off was more due to the some lacklustre results than the news of the proposed acquisition. B |
Piedro is right that EPS have been erratic.
Val is right that there’s growth over mid-term 4-5 years.
However, recent years don’t look very impressive, so I can see why Piedro and the market don’t love VLX at present. |
How's that ... |
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
Hot Features
Premium
