only think Im confident of is when the earnings on TC reach 500m, we'll be over 3 quid. I don't think it will happen in 2015, but 2016 possible.. and even if the mkt/city believes it's likely it will be priced in.. so I owulnd't rule out 3 quid in 2015.. it all comes down to how big the annual eanrings/profits look like they'll be in the forward period.. that's what will move this sp up above 2 quid.. it's still in recovery mode.. as unbelievable as that may sound..
there are many risks to HG and team's plans.. but if they can deliver.. 3 quid no problem.. just a matter of when. Me personally.. Im expecting 220 this year.. 250 early 2015 if all goes to plan.. and dividends on investor's minds even if not announced.. then high 200s on dividends being announced and there's no net debt. Long long term, as in 3-4 years form here with the projections on revenue and profits being tabled with the phase two cost out program 4 quid is possible.. diminishing % returns from here vs last 12months, but much reduced risk..
certainly going to be fun seeing if the TC team can get us there.. all IMO of course.. one thing I do know is it won't be what Ive said.. will be more or less. Im hoping more of course
europe scares me too.. it's amazing how bullish the hedge funds and US money managers are on Europe.. just shows they are afraid of how fully priced US is.. that they want to pay over the odds for dodgy european companies next.. if EU throws us some bad news could be a big tumble this year.. I odn't think wil happen.. maybe a dip but nothing too scary.. but who knows.. never rule anything out
I think there are two dangers during 2014.The first is the political situation. If by the end of the second quarter Milliband appears to have a chance in the 2015 election then this could have a huge impact on the market.I don't think this is likely.The other danger is the economic situation in the Euro area.If these problems do not get in the way then £2 by the end of the financial year is quite possible. I seldom day trade but I have always craved action.Hence yesterday when I saw the dire predictions of the chartists,being a contrarian,I purchased several thousand tcg shares at £1.79 and was able to sell this morning at £1.83.Did not make a great deal but got my excitement and the rare satisfaction of buying at the bottom and selling at the top.Enough excitement for one week.
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