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By the way Rich if you had followed by advice on Friday and purchased TGR you would have made a 40% profit on that investment. In that post I mentioned in Gartmore,one of my old employers.
Additionally, I would say a company that has seen a 40% decline in the value of its share price over the past two years and just issued a profits warning should be treated with extreme caution.
You don't seem to be able to read very well, I said I had experience of fund management industry yet you to equate that to me claiming to be expert fund manager. An inability understand basic English would indicate that any investment advice you may have to offer to be of little value. My experience in the fund management industry is related to my time at Schroders, Gartmore and Henderson, if you have questions relating those companies feel free to ask.
My experience is that expert fund managers rarely post on LSE ;)
However people pretending to be one are ten a penny, and often coincide with a mysterious lack of post history for years, despite an old registration date.
Personally I'd say a company that is expected to make well over £110m EBIDTA (even after the recent downgrade accounting for COVID impact), with an MCAP of £800m, is a steal.
My experience in fund management is that profit warnings rarely occur as singular events. It's a question of do trust the management of the company to deliver on the promises and forecasts they have made given the current and possible future environment. Personally speaking I can't see them being able to deliver on those promises, of course if have more detailed information I would've delighted to hear it.
Banner, it is a high risk buy. It depends on whether you think the sp loss of double the EBITDA shortfall is a fair reaction.
My view is that this share crashed in March 20 because of debt level and unknown pandemic impact. There was a potential PE bid that pushed the SP higher, it then fell back until the BOD bought in the low 600s. It then advanced slowly back to the 800s. Management announcements have not been positive, but the market assumed a faster return to pre covid levels of trading.
Management has been most positive in the recent profit warning, whether this was to prevent a greater downturn or they do see recovery time will tell.
We will not see 800 again for a while, but a move towards 700 is quite possible….the business will survive covid and is profitable which I think will prevent the worst outcomes.
I agree with questor a buy for the brave / optimistic…for the more cautious wait a year to 18months….and for a positive momentum to build before buying.
I don’t see enough to sell at present. There is always the prospect of selling one arm of the company if a buyer comes along prepared to pay top dollar, the services arm is attractive like UDG.
I am pleased you are making a profit on these shares, but your statements regarding COB and beyond that are at best flimsy. Anyone good luck for CLIN, but I am out of this one.
Nope, I'm in here from 570p which was a no brainer buy... and traded this one twice today alone, so am in good profit! Thanks nicely much! |-)
If you can see into the future then you shouldn't be on on here wasting your time. It's a very high risk buy, my guess is your post is 50% emotion and 50% hope. Chances of substantial upward movement of the share price, based on any available evidence in the public domain, are miniscule.
This is a well run company first brought to many people's attention by Jim Slater.
With a PE under 10, I think I may have missed an opportunity to 'add'. I've been in and out of this for a few years. Should have bought at 5.75 last week. Yep, another 'should have'! The only possible chance now will probably be if there is an overall correction in the market, which in my opinion is over due.
Tested 645p already... this will end 650p by COB, and slowly work it's way to 700p in a few days...
About every technical measure you could possibly think of, but I am not your PA so do your own research
Another old stock market saying for you, as mentioned in the article, profit warnings come in threes. One down two to go.
As Triggers` Dad would say "Always look after your broom". Meaningless statement and to be ignored...
And your analysis that leads you to this conclusion is?
Old stock market saying, never try to catch a falling knife. CLIN is a falling knife. High risk buy
Shaun Chilton CEO - last paragraph in latest RNS:
"Due to the strength of our underlying business, the simplification of our operating model and continued high-level of business wins in Services, we are optimistic about the future and anticipate a return to double digit growth in the next financial year."
You can't even spell yrabsmurruc, so why should anyone take any notice of what you say! https://www.youtube.com/watch?v=vq35ZjRg9Dg
https://uk.finance.yahoo.com/news/why-did-clinigen-share-price-090849054.html
jiddy..........lol............ didnt as I am not sure it has hit the bottom yet.......... not sure why you think I need permission to be on here..... quite protective sole aren't you......... I look for opportunity and I am not yet convinced I have it here yet, but sub £6 is a good entry point..... and I jus might have a dabble if it dips back under......... B
These had been on my watchlist a couple of years ago but then the price ran away. Bought some Thursday and Friday as think they will recover of be taken over. Would buy more but cash tied up elsewhere.
Well yrabsmurruc, I bet you didn't buy in @ 575!
That begs the question why you are here at all? Answers on a postcard please.
lol...... jiddy.... not sure why the "what do you think of these apples" comment.... what did I say wrong:,, lets remind you:.......... I said the share would fall under £6....... It did.... I said it would also fall on day 2............ it did............ I said day 3 would provide some idea of direction........ I would say jury is still out but it pulled its little legs back over £6 and maybe it will recover and maybe it will hang around £6 for a while......... Is it a dog, well that is always in the eyes of the beholder.......
and if I had bought in on Monday at £8, I may be kicking the dog right now........ If I bought in at £5.75 on Thursday, I might be thinking of a quick 10 or 20%, who knows, but lets not get emotional egh Jiddy......... well lets see how quick it gets back to £8 before you pat yourself on the back............ go chill and have a nice day............
What do you say to that yrabsmurruc?
A "dog of a share" - I don't think so!
couldn't agree more - sitting at a very low multiple of earnings, hence vulnerability imv -book turning nicely now..
This should recover fast now, really on a 8% drop was justified. Some saying the sell was orchestrated to get the new buyer a 12 month low entry. While they short it and get their pals to short it to help the momentum . It will be back up faster than you will give it credit for now new institutions involved and the dust has settled. Pi shorters look to have moved on as well.