Thanks! I very much enjoy your weekend musings and opinions . I especially like your overviews on the bigger market trends happening on a weekly basis. Really helpful and much appreciated.
I have watched it for a while but the lack of director buying, the weakness in the chart and the fact they never came across very impressively on investormeetcompanay all put me off. Paul Fineman knew what he was doing when he sold his entire holding imo. I think waiting for the next update is the safest play there. You could argue it's a little bit bowly over the past few weeks and it may be bouncing off the previous low. They had a pre-close t/s April 23rd last year so they are later this year. Good news usually travels fast. If they meet forecasts and debt hasn't risen then on a fwd PE they might be cheap but I think I'd sooner miss 20-30% and be sure I'm right, after a statement.
Crikey I think the good news has finally arrived - after careful consideration I stuck in there and much more importantly I put it on my UK stock challenge! Hopefully the reaction will stick - looks pretty strong so far. Sadly the bowl is ruined!
Yeah really nice surprise this morning! Given the huge volume behind the move today and the upgrades I've averaged up with the hope that this could be the start of a decent turnaround.
Great read again, always throws up some interesting ideas to look into thanks CR. Out of interest have you looked at IG Design (IGR) recently - perhaps you've had enough of cards and wrapping but I was wondering if it might be subject to a Card Shop like recovery at some point. Next trading update could be coming soon, there was one April last year so perhaps that'll reverse the downtrend. Also if I squint hard enough I'm sure there seems to be a bowl forming but it might well be wishful thinking - 'beauty is in the eye of the bowl'holder' as they say ahem I'll get my coat
Very good results today, I should have been brave before the results. Anyway, bought today, Canacord raised their target from 275p to 325p. Singer and Killik are very keen too. Nowhere near too late even after the results today imo.
Thank you Dan
Great stuff as ever. I always look forward to reading your weekly round ups.
Thanks! I very much enjoy your weekend musings and opinions . I especially like your overviews on the bigger market trends happening on a weekly basis. Really helpful and much appreciated.
Thank you, glad you enjoy it.
Hi Gordon,
I have watched it for a while but the lack of director buying, the weakness in the chart and the fact they never came across very impressively on investormeetcompanay all put me off. Paul Fineman knew what he was doing when he sold his entire holding imo. I think waiting for the next update is the safest play there. You could argue it's a little bit bowly over the past few weeks and it may be bouncing off the previous low. They had a pre-close t/s April 23rd last year so they are later this year. Good news usually travels fast. If they meet forecasts and debt hasn't risen then on a fwd PE they might be cheap but I think I'd sooner miss 20-30% and be sure I'm right, after a statement.
All the best
Richard
Great to hear your thoughts thanks Richard, good point about the slightly later update, being patient until things are clearer sounds sensible
Crikey I think the good news has finally arrived - after careful consideration I stuck in there and much more importantly I put it on my UK stock challenge! Hopefully the reaction will stick - looks pretty strong so far. Sadly the bowl is ruined!
Amazingly good, Canacord, Singer and Killik are all salivating, well done for holding.
Yeah really nice surprise this morning! Given the huge volume behind the move today and the upgrades I've averaged up with the hope that this could be the start of a decent turnaround.
Great read again, always throws up some interesting ideas to look into thanks CR. Out of interest have you looked at IG Design (IGR) recently - perhaps you've had enough of cards and wrapping but I was wondering if it might be subject to a Card Shop like recovery at some point. Next trading update could be coming soon, there was one April last year so perhaps that'll reverse the downtrend. Also if I squint hard enough I'm sure there seems to be a bowl forming but it might well be wishful thinking - 'beauty is in the eye of the bowl'holder' as they say ahem I'll get my coat
Very good results today, I should have been brave before the results. Anyway, bought today, Canacord raised their target from 275p to 325p. Singer and Killik are very keen too. Nowhere near too late even after the results today imo.
All the best
Richard