3rdtimelucky - im in here at 19.23 what have I got to achieve by deramping?
i bought this thinking it can go to 40.00 and still believe it can but I am also a realist, i read the iii board for cpp as well as this one and there are some plonkers on there. The slighest bit of news and its £3.50 here we come! £1.00 short term target etc...
I posted because it tends to go quiet on the boards every now and then (was in PFD and there was always some news or development) and days like today with nearly 0 volume are what makes this stock unbearable at times.
CPP never sold PPI. they sold card and ID protection. Hows the company doing? Well payments gone/going out for the scheme payments, some new recruitment going on and no rns saying risk going insolvent... id say from that things probably looking a little rosier then say 6 months/ a year ago.. . No doubt the annual results wont make pretty reading when the arrive but id say after that its a case a rebuilding .. a phoenix from the ashes.. As you mentioned Pappu. some new bp/ products coming out around the globe, Visa Canada with Airport Angel.. once the scheme out the way things should no doubt get moving without that hanging over there heads.. Hamish selling his shares is nothing more then that i reckon.. looking at past RNS's dont think he's even a director at CPP anymore and like Morley.. im off the opinion the less he has..the better!
Could it be Hamish was simply offsetting his losses against. gains? just seems very coincidental to sell so much (although its a small amount in relation to what he holds) on last day of tax year,
Does anyone have any idea how the company is doing fundamentally? do they have enough money coming in to help pay the scheme? i know they have airport angel product and the new paym insurance (which hasn't been advertised enough in my opinion) but what else is there?
its hard to imagine what a realistic price target share is for this stock if the scheme works out. Ppeople talk about £3.50 like the old days but thats when they were making lots of money through mis-sold ppi so they cant sell that product again.
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