We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
My comment of 10/4/24, sp,target of 474 met and exceeded , so the RSI(relative strength index) positive divergence, is effectively unwound, and will no longer exert an effect on the sp. Underlying sector is bullish. DYOR.
I, think, they, are. Still, looking, good, today.
I thought these were your astronomy readings, for a split second - stargate.
Weekly pivot low, in place, and rally today, brings sp, above down trendline of 424, which is bullish. RSI(relative strength index), shows large positive divergence beginning 14/2/24, from falling sp. Using 14/2/24, as the divergence pivot, implies a target price of 474, to accomplish symmetry, between the sp, and the RSI. Meantime, the sp, may try to find support, above the falling trendline at 424.
Profits slightly above expectations, destocking taking place, revenue down but onyl in 1 (because of destocking). Mostly very positive. Market seems to like it.
SP has been higher recently though it could well be positioning ahead of the H1 update as you mention. I imagine positive noises on sales / end of customer destocking will see a SP boost though any adverse comment on costs would trump that and see a drop. But who knows how the ‘market’ will react?!
Must be close to the first half trading update?
Any reason for today's SP rise???
Just come across this piece from the end of Feb.
https://www.ii.co.uk/analysis-commentary/shares-future-mid-ranking-stock-inflection-point-ii530850
Is the lack of confirmation of a permanent CEO holding this back? I expected news by now as I think I remember them saying just before Christmas that the search was progressing well, or something to that effect….
“treatt plc 53.8% potential upside indicated by berenberg bank.
february 7, 2024 12:36 pm”
https://www.***************************/treatt-plc-53.8-potential-upside-indicated-by-berenberg-bank/4121141667
Or you could read the statement like any normal human being and see a slow first quarter with work to be done to make full year forecasts! No big issues as yet but a sensible enough drift down by 5%.
Nice opportunity to top up today I guess the further debt reduction and a more positive outlook going forward isn’t to everyone’s cup and tea :)
Treatt Launches Core Coffee Extracts and Customization for US Clients
Daily Coffee News Staff | January 16, 2024
https://dailycoffeenews.com/2024/01/16/treatt-launches-core-coffee-extracts-and-customization-for-us-clients/
Not seen anything so can only guess - could be as simple as an appreciation of better times ahead now (markets recovery and growth, settling in new UK premises) and no negative news on new CEO front (any bets on Ryan becoming permanent CEO?) Or left field idea that a third party may be(come) interested in the company given the greater optimism generally?
Yes, very nice. Does anyone know what's behind it?
Last 5 days, TET is serving up a Christmas treat!
Treatt has been on my watchlist for some considerable length of time, Friday's drop post results proved too tempting.
Gradual recovery play as inflationary pressures unwind coupled with easing on interest rates, most of the issues reported previously seem largely resolved going forward.
Treatt CEO, Daemmon Reeve and CFO, Ryan Govender present results for the financial year ended 30 September 2023.
Watch the video here: https://www.piworld.co.uk/company-videos/treatt-tet-fy23-results-presentation-november-2023/
Or listen to the podcast here: https://piworld.podbean.com/e/treatt-tet-fy23-results-presentation-november-2023/
Departure of CEO at year end might be having a depressive effect
Results seem pretty good and a little hard to understand why shares should be worth a third less than this time last year and why they were 3 times this price at the end of 2021. I shall buy more if they drift lower.
Treated myself to some of these today. Tasty price! I hope.
Maybe some very short term profit taking
Share price down today on seemingly small sells and then a purchase of 25000 shares lifts the price by 2p. Very odd.