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.
If Dark can execute its plan well , 600 p is on the cards !
I will not be posting much here ! Let’s see when the recovery in Dark can happen … honestly at 300 to 350 p it’s well below what it’s worth , over 400 to 450 p is might target within 3 months , good luck to you All !
I think a little bit of wisdom gleaned from great investors like Graham is that buying a share is “buying an ownership interest in an actual business with an underlying value that does not depend on the share price” - and that the sillier the market behaviour the greater the possibility business focussed investors have to buy a bit of that business at a good price.
DT is not going bankrupt anytime soon with current performance. It has a robust balance sheet and is sitting on USD300m cash while growing rapidly in in Revenue and EBITDA. It is also on track to produce an operating profit (EBIT) and net profit (E). Next week we should learn a little more on how we are doing on the latter score.
The question I ask myself is, would I like to own a company outright. If the answer is yes then it is for me to buy a wee bit of it and hope to do this at a good price. And we are lucky that Mr Market swings from being overly optimistic to being overly pessimistic. The skill is to sell to the optimistic and buy from the pessimists. All easier said than done.
All IMHO.
Yes spend spend this is going to booom-bang-slap on results...
I am so pesimistic about this stock I cannot type a decent comment anymore.
Are we not bankrupt yet?
sheltie, if I were you, I'd spend my ISA now...
That was meant to read, “from today’s Daily Mail” of course. . . :)
It’s not a DT thing. It’s bigger than that; much bigger. This pretty much explains it - from today’s Daily https://www.dailymail.co.uk/money/markets/article-10970877/10trillion-wiped-global-stock-markets-beginning-2020.html
Oldgold2. You honestly think someone paid Charles to post on here?? Most of it was inane nonsense. Like bobocaca I hope that Charles is okay as he seemed much more like a desperate investor who was in too deep than a ramper to me.
Bobocaca I would not worry about Charles he/they were paid to spam the boards to manipulate the price.
Amazes me why they think these boards would make a difference to someone buying/selling.
Will do, Stevie,
Like you, I'm playing a long game.
Cheers.
Win/the BoE governor opened his big mouth and the market priced in a interest rate rise. Keep the faith and be lucky
bob/not interested where we finish today. I have a 2-3 year horizon
It's a first sub £3 buy for me too!
If I had spare cash, I'd top up now. I would really like to see us finish above 300p today.
Unlike Sheltie,i have no idea where the market is going. What i do know is DARK is cheap ,so i made my first buy under £3
sheltie, it is fine for you to have your own philosophy but you really don't have to seize every opportunity to tell us about your ISA. You are becoming the person that you hated. Speaking of Charles, I actually kind of concern/worry about him. Hopefully he is still alright.
I get what you're saying, but bottom fishing is hellish hard to get right. For me, buying in 2023 makes more sense - irrespective of the various 'what if' arguments; when the world 'should' be in a better place. I'm not a patient person especially, but this year I have been both patient and disciplined - and it has saved me a ton of needlessly wasted (by hugely over-paying for shares over the last four months) money. I'm grateful at least for that!
Sheltie- I don’t disagree about the need for extreme caution at times like these , but personally I have found it difficult to gauge when to enter the market after a large correction ( esp 1987, but I did learn something at the time). This, and all major corrections since then, are now but a small blips on the charts. My experience in 1987 mirrors the views of The Economist (below) on indecision, and I now do not attempt to time the market but drip feed in these circumstances and invest only for the long haul. Many of the SP’s of the companies I invest in have fallen by 50% or more at some stage - which is worrying at the time - but almost all recovered and now show substantial gains. Time is a great healer for robust companies, and I still believe DT is in that category.
Quote
History suggests that in recessions American share prices fall even more sharply than they have this year. Panic usually sets in. And a panic is often a good buying opportunity. Should such an opportunity arise again, though, do not imagine that it would be easy to take advantage of. It takes nerve to buy when markets are plunging. You can always convince yourself that an even better opportunity is around the corner. Delay always seems advisable. And delay often ends up meaning not making a decision at all. The opportunity is missed.
Unquote
Given the massive head-winds, this is why I have a £4 > £4.30p year end target. Whatever the results, the bulk of any gains will, very likely, be surrendered by these tough head winds. People are fooling themselves if they think that this will race away next month, with good results; it just won't. Better to be Conservative and look to a better 2023. This year is a write-off! I have been bearish here since last summer, with good reason. That said, DT is still holding up better than 75% of equities, listed here in the UK! Blood Bath springs to mind! ATB :)
Bobocaca,
Its over all world economic conditions have you seen any stock shining ? My overall portfolio is 50% down, including rock solid stocks like HLMA & Ashtead Group has lost over 30% of value.
Heard companies are selling off for end of half year, don't know the rationale behind it but hope the price will pick up tomorrow.
I did not expect the share price to fall so quickly, thought it would hover at about 350p. It feels like last August again when price dropped from 765p to 560p.
Of my ISA by July and I’m SO glad that I haven’t either, as equities are a terrible investment at present. Yes, of course you can go down the “it’s a long term investment” route, so it doesn’t matter. But it does matter - a lot, as you could have spent £15 on Carnival, for example, just six months ago; but had you waited, you would now be paying over 50% less now. And they have plenty further to fall. Aston Martin shares are still falling and now over 90% down (and likely to fall further yet). The market is literally awash with similar bombed-out shares. Keep your powder dry folks, as this is a nasty Bear Market, which is here for at least another year - in my opinion. You WILL be paying too much if you buy equities any time soon. Just sit on your cash, even through to next year if needs be. The more you pay now, the longer it will take you, just to get back to that price! This is just not the time to be trying to be ‘bottom fish’, as likely as not, it won’t be the bottom!! So many are doing exactly that at present and are being badly burnt in the process. . . . Good Luck all. :)