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Marfew
I say in jest and good spirits.
On the subject of repititve predictions. Whilst everyone was in a queue to nosh of PP1 I was happy to sell before results on the last 4 or 5 occasions. So I got something right haha
Of course Buff,
I’m sure you are brilliant.
However you have just admitted you did miss the run up after last results by waiting for a lower number. That’s a fact
Marfew
I don’t miss out as I invested the money else where
and made cash profits. I have more than one stock in my radar.
Kitty not understanding your maths. You say you trade in and out of this stock, now you’re telling me had you bought at 311 after Q4 results you would have made 1% as you would have held until today.
Surely given all your chat you would have sold at the high point on the run up from 311 which was around 367 if I remember, now that is more like a 20% gain.
However I’ll go back to my original point, last time around when it was hovering around 311 you kept saying like your are now that you’d only buying in the 280 area, which never came.
So ultimately you missed out last time around.
You change your tune like the British weather
Kitty
but had you sold at 3.60 when it was there a couple of weeks ago you would have made 15%
if you are confident of +3.50 maybe you should buy a layer now, incase it doesnt go as low as you currently want.
The problem looking at L2 is there are just not enough buyers as sellers are 2-3x buyers each time I check - something needs to kick a buying spree or next rise
I agree it will go 350-370 again
Ironically if I had of bought at 311 I’d have made 1.2% in 2 months - luckily I used that elsewhere but sure don’t win em all
Yes I missed it at 311 but that’s fine
I’ve learnt to remove emotion from buying & selling
Simply set buy & sell rates vs being Mr hindsight
It really makes trading stress free
Sometimes you miss some but setting limits is so stress free
Worked for me on loads of shares incl BOO
Patience is how you win
Not sure about that!
Usually if it goes up a fence pence it comes down more the next day.
Kitty and Buff,
Last results you did exactly the same on the drop afterwards, I’m a buyer at 280-300 etc etc. lowest it got to was 311 before a run up and given how repetitive you both were about only buying under 300, you both must have missed out.
Gambling sitting here waiting for it to begin with a 2 again given it never got there last time around.
Yep I will be in around the 280-300 level and so confident will be putting some of the kids savings in at that price.
Would expect to see a 15% return on that with no stress in the next 3-4 months.
I think once the market re rate settles it will be a good investment again around the 280-300 level & I’ll personally buy in again as 330-370 should be on the cards in the next build up
The current pe is even lower than the pe valuation when the Covid collapse hit and then when we thought slavery allegation were going to take down the company. We are a stronger company and a better company now then we were before those crashes yet the valuation is the lowest it has ever been
Looking at historic values this was the first year in a while that the pe wasn’t in the mid forties on results day. Probably explains why we haven’t seen a big sell off. We are already near the bottom of the valuation. Historically speaking the current pe of 36.7 is the lowest the pe has ever been across the last 3- 4 years and for the last 3-4 years it has managed to reach >80 mid year. That mentality would justify a SP of £6.88 this year. So I think we’re being offered a bargain here . Even if we lowered expectations to a pe of 60 (which would be well below previous in year pe highs) we would see £5.16 this year. No brainier buy and hold