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Are we expecting a trading update ? what date please as I couldn't see anything due on their website. Thanks
Thanks, I agree technicals don't look great atm but I personally try to avoid trading in the circumstances where we can get an RNS at 7am at any day and see a significant re-rating practically overnight. They just need to fully restore the operations ( they already reconnected some of the systems and have world class IT consultancy working on it 24/7), post a decent trading update and it will literally fly. What happens to SP now is purely fear driven. Sentiments don't last forever. IMO.
KOH
Thanks for the constructive response/view....I agree it should be 90p-100p (at least).
I am biased towards/focusing on Charting/Technicals rather than Fundamentals (I do not ignore these however) so that is always the basis of my views/assumptions.
We all want the same thing in the end - make some money so GLA and lets hope it bounces before my next trigger.
GL for the rest of the week.
I disagree. It will be up again / re-rated on any positive news. Sentiments don't last forever. It is hugely undervalued at current levels let alone anything lower. Company doesn't expect financials to be affected. Personal data hasn't been stolen. Fully functioning Travelex will change everything and it should be "soon" according to the most recent articles. They literally working on it as we speak. These thing are not irreversible. In a few months time that hacking incident will be a distant memory and business as usual for Travelex. Coronavirus uncertainty is temporary too. FIN situation is a good example of a "perfect storm" and and generally these are very rare. Huge opportunity and upside potential from these levels. Hold or buy and hold. Anything below 100p is a steal. IMO.
KOH
Re my note from 24th Jan - 50p may be the bottom IMO so that will my entry "if" we get there.
"From a trader angle (and IMO only) from 13-Dec the SP has stepped down 3 times by roughly 50 points and could do so again taking SP to 50p (as mentioned in my previous posts - not saying it will), Therefore RR Ratio at the current SP is 3:1 so a good entry point."
We all start off as small fry...I got burnt so many times using Stop loss when I start so dont use them anymore.
Now only risk % of Capital based on RR strategy..as long as you wins outweigh losses then you are making money.
GL anyway on this stock
No Ffs day trader I’m small fry, compared with some. I guess you only have one when you play 100’s per point.
“ Trading update 11th november
Group Adjusted EBITDA2 for 9M of US$182.31mn, up 22.1% YoY
Underlying Group EBITDA margin of 15.6%, up 167 bps YoY
Why worry?”
How much has the recent cyber attack hit them?
Also Travelex is there biggest revenue generator correct?
Filtertips has covered fundamental elements and from what I can tell, a few of us have entered 90p-100p range.
From a trader angle (and IMO only) from 13-Dec the SP has stepped down 3 times by roughly 50 points and could do so again taking SP to 50p (as mentioned in my previous posts - not saying it will), Therefore RR Ratio at the current SP is 3:1 so a good entry point.
No Probs..Do you not have a dedicated account manager?
Ffs day trader I’ll give them a buzz tried twice already thou not picking up just on hold. Am aware of guaranteed stops but they are often to big a distance. Thanks for mentioning them though.
Hi to you all.
New investor here,I've just bought 10000 shares at a break even with costs of 96.7p. Are you worried as the fundamentals seem to stack up
My Interactive Investor account also sold at 106, but I’m OK with that as my stop was set at 108.
Are you aware of "Guaranteed Stop" on IG - would have got you out at your price of 120.
Speak to you Premium Client Manager in any case as you will not lose anything by stating the Stop was not triggered as 120...worth a try.
Took IG 8 mins to get me out of the SB position this morning. With a stop at 120. Closed me out at 106. Don’t know why we bother having stops. They never work when you need them. Thought about having a moan but I know they will say couldn’t sell to anyone. Can’t believe this is 30% down when 56% of share are gone.