ty. the forecasts look too low now after the great first half. Allenby have in 26p. This was doing 40-45p recently. I think the bowl will play out very nicely!
I bought FUTR @ 110p (11p pre consolidation and sold out @ £18. I don't think there's there legs in it second time around personally, just better places to be. Was good when they were acquiring out of cash flow back then, then they started issuing shares. In the last 5 years the shares have doubled, the debt has gone up 20 fold. £40 was way over-valued and hype was driving it then imo. It may recover somewhat but I just think there's better places. I may be wrong tho, obviously.
Thanks Rebel for another really interesting read following a great week on the market.
Have you considered FUTR as a recovery? I started buying a week or so ago and they look like turning a corner. A recent return to organic growth and even though there are double the amount of shares since 2018, there aren't many more since the price hit the c.£40 top in 2021.
Looks a bowl, well bombed out, I was looking this am. If I wanted to increase my holdings I think I'd be tempted today.
ty. the forecasts look too low now after the great first half. Allenby have in 26p. This was doing 40-45p recently. I think the bowl will play out very nicely!
Thank you Dinesh
Yep, the temptation is always to over-trade but often if you back test your dealing, you might have gained a little, for a jolly lot of work imo.
I could be wrong of course, when markets turn bullish, anything can go up.
I'm pleased to hear Mark, thank you
Hi Stephen
I bought FUTR @ 110p (11p pre consolidation and sold out @ £18. I don't think there's there legs in it second time around personally, just better places to be. Was good when they were acquiring out of cash flow back then, then they started issuing shares. In the last 5 years the shares have doubled, the debt has gone up 20 fold. £40 was way over-valued and hype was driving it then imo. It may recover somewhat but I just think there's better places. I may be wrong tho, obviously.
Ok thanks
So maybe just good for a quick trade
Thank you Cat.
Thank you
Thanks Paul
Thank you Sa
CCT the perfect bowl?
As always, informative and entertaining. I don't know how you find the time to write but am glad you do.
Keeps being the best read of the week for me. Love both, the big-picture comments from experience and the stock discussions.
"Learning to do nothing is the hardest lesson."
So true. Read Proust. Do calculus. Learn an instrument. Talk to your wife... do anything but trading. Often so important.
Really enjoying your newsletters, speaking as a new reader. Best wishes
Re FUTR - forgot to add the CEO bought £800k at £8.86 a year ago
Thanks Rebel for another really interesting read following a great week on the market.
Have you considered FUTR as a recovery? I started buying a week or so ago and they look like turning a corner. A recent return to organic growth and even though there are double the amount of shares since 2018, there aren't many more since the price hit the c.£40 top in 2021.
Anyway, thanks for all the updates
Stephen