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When 14 to 17 go for it
Im buying at around 17 or below
Oh dear :D
http://www.investegate.co.uk/pendragon-plc-(pdg)/prn/additional-listing/20130130131300P5680/
Which high are you measuring? Market cap - we probably are at high since price recovered from 2p, since there are now many more shares in issue. SP was well into 30s a few years back, and 25p pre-last rights issue.
Check charts again. This hasn't reached its high
Check 2 3 5 yr charts ---- reached its high
Still too low for the demand. 25p would be more like it
And must rise from here. Demand at this price should lead to rise this afternoon or tomorrow.
Think you are right and 25p is achievable. The reason- results still possibly 4 weeks away and %increase past week shows how much support and belief there is in the next RNS
My take on lookers is than Panmure Gordon target Sp optimistic. But, may get market reaction in the segment especially with increase now in PDG. The BIO's are looking good now and have bought up more VRP. Something simmering there IMO.
Yesterday, the SP went up because the "Bought Volumn" was much bigger than the "Sold Volumn". However, the "Sold Volumn" is bigger than the "Bought Volumn" today while the SP is going up too. What is going on? I am definitely not complaining! Just a bit puzzled.
Nice move up,,,,,,,let's see if we can hold onto it for the close,,,,,,,,,looking at the chart I can see 25p in these,,,,,,,,all IMO only
Last 2 years the results were issued on 21st and 22nd Feb so my money would be around 4 weeks from now, but I'm only guessing.
Hi All - bought into these yesterday - could someone just indicate when the results are expected - Cheers -
I've run my calculator over Lookers, and at today's price have come to the conclusion that there is little to be made - especially after that cheeky 6.4% rise today. That was probably their rise for the next 6 months! PDG SP is still lagging a little behind LOOK, and ought to rise several pence more in anticipation of the results.
I've taken a look at lookers. Good rise today, but little volume. Think there could be money to be made there but I'm sticking with PDG until results
The co. has a number of shares in circulation. Consumers buy these and sell these at the stock exchange. Supply and demand influence the price. Today, good demand for this share. More people buy than sell. SP goes up. Why are people buying? Research the company. Results due soon. If results good more demand for shares, SP goes up = profit for shareholder when selling. Also PDG mentioned last year that it intends to start paying dividends this year.
I am really puzzled by the difference between the Volumn Bought (~10.5m) and Volumn Sold (~1.4m) today. Not many people sell. Lots of people buy. Where are the shares coming from? Also, does any one have any news about this share? It seems to be going up strongly recently.
No sadly not. I was going to get back in at 17.75 then the price went up the next day. However I bought a few more XEN instead at 8.67, so not feeling too bad. I might look at Lookers, instead. Seems to be better value at the moment.
Did you get in here before SP went up?
Just posted to another chap who seems knowledgable regarding mm code of 35. That was when SP was 19.75 Think there was my answer looking at SP now. Increases my stake here by 40% last week at 18.50 ish Hope this pays off!
Thanks for comment on XEN bb. I had noticed the volume here, and am now wondering when we'll be back to 25p.
And that's not me buying! ;-)
Increase by next year will be fine with me. PDG seem to be finally getting their act together and looking forward to seeing how the next month pans out. Hoping for the results to read "out performed board expectations"