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Long-term you're correct, but in the short-term I would expect a bounce to occur considering the last 17 days on the Dow.
OliGarch - I thought they would have to cook this one to get it moving and they did so in text book fashion.
A week ago I honestly couldn’t see this going sub 500p….and here we are lol .
Teslo - it’s very difficult to call the bottom here. There are still many over valued companies over in the US which need correcting so the Dow could have further to fall.
There is no reason for the FTSE to continue to fall. We still haven’t even recouped the covid losses yet and many companies are vastly under valued…..but it will continue to fall, through fear and panic.
AHH, a week is a long time in this stock...
AngerSharkz
Posts: 429
Price: 507.00
No Opinion
RE: Potential breakout soon 17 Jan '22
I would love to be a fly on the wall inside Marshall Wace so I could understand their position of going short here. There are hundreds of sucker stocks in the market yet they want to go short here at 507p. Doesn’t make even a remote bit of sense and you would probably have to be partial to illicit substances to go short on a company in the middle of aggressively buying back their own shares…….unless, you knew how to manipulate said price action.
Insider knowledge?
13 of the last 17 days on the Dow have been down days.
13 - 4 losing to winning days, hopefully the short-term bottom is close to being in.
OliGarch - I almost admire the scheming rats. Increase the short so you’re visible and with the help of your market maker buddies drive the share price down hard against the index…….probably knowing that it would be swept under the carpet and be attributed to the market down turn. Nothing to see here. Beautiful.
I’m sure long term holders here have seen worse. Take a moment to feel for me, this is the first market meltdown I’ve experienced. I feel like I’ve been mugged and left in the gutter for dead lol.
Expect more carnage tomorrow the Dow has dropped almost 1,000 points in 3 hours and FTSE futures have already dropped another 65 points since the close an hour ago.
Extreme volatility is back.
Wow, a 14% drop over the last five days (and that included the weekend). I can't believe that Marshall Wace LLP haven't increased their position and been joined by their sewer rat friends.
Dowsie and Dan... Our 2 latest derampers, or perhaps I should give them the benefit of the doubt and it's just a case that they simply don't know what they're talking about when they try to claim that manipulation isn't happening with this SP.
Even at the 581-591 price range that Dowsie quoted RMG is still undervalued based on all fundamentals and ratings and yet to achieve that price took a steady rise on the back of excellent results... yet that already low price can have 10 or 20pc wiped off it virtually overnight despite no bad news news at all and a rising ftse.
No manipulation? Who are you trying to kid?
Ruxi - That was a strange post with a confused message lol. On the one hand it’s a very good company then it’s the end of the world bought by ‘traders and carpet baggers’ lol. Why do I get the feeling you’re another deramper with under 10 posts to add to the few we’ve seen here over the last week perhaps?
To make my position clear I’m a holder for the long term and will continue to hold through any market downturn. I have already sorted my portfolio and the only positions I hold are those I consider long term holds with a bit of cash on the side for a rainy day.
Dowsie3 - Possible headwinds that could impact profits in H2…..I’m still expecting results to be in line with expectations ie. just over 400m…..total profits for the year 800m +. The headwinds are exogenous and not exclusive to RMG it doesn’t affect the valuation of the company.
You and a few others are clearly here to deramp, the long term share holders here said you would start to materialise and here you are lol.
AS so now you are saying there are possible headwinds that could impact H2 profits
Yet you think the company is undervalued talk about having all bases covered if share goes down you can tell everyone how you posted about how you posted about possible headwinds impacting results and if the share price goes up you can tell everyone how you said it was undervalued your not Motley fool are you
Dan23 - Have you actually being reading the thread or do you just pick and choose which parts you want to comment on? Because if you read the posts from last night and over the last month you’ll see I’ve mentioned with other posters the possible headwinds and how or if they’re going to impact H2 profits. I don’t really care about whether other people find RMG investable or not but as this is a board for discussion I’m quite happy to challenge anything I don’t agree with.
I don’t really understand what point you’re missing here? The FTSE 100 has risen around 2% in the last month….RMG has dropped 12% in the same time. Do you know any other FTSE companies that have fell further in that time?….off no news I might add. ( Oh and it’s been shorted by the institutions again)
AS - so it’d make you feel better if I was a mindless ramper saying things like 1000p in no time lads, all headwinds are being imagined, strap in cos the sp is about to explode!..? Probably because that will make you feel like you’ve picked a solid share because some complete stranger thinks the sp is about to rise.
For what it’s worth I hate derampers and rampers in equal measure. But what I won’t apologise for is stating or trying to understand both sides of an investment case.
There’s been some strong arguments why the company is undervalued and I fully agree, and in time you’ll probably all be proven right. But don’t kid yourself there aren’t fair sized problems to be concerned about that could negatively affect the sp in the short and medium term.
Dan23 - Are you the boards new de ramper lol? Why would people be screaming manipulation when a share is moving up towards fair value after posting record results and announcing 400m to be given back to shareholders? Do you understand the concept of why shares move up and down?
‘Well we could all find a ton of shares “over valued” and give reasons why it’ll fall. And yet they can stubbornly stay high for years and years.’
Yes Dan. These are called over valued companies and people will speculate on when and how these companies will drop like a stone. Two perfect recent examples being Peloton and Netflix over in the US, been over valued for a while and everyone’s known about it….take a look at what happened to them. Plenty more over there that are going to end up the same way from silly valuations.
RMG currently has a silly valuation. It’s silly how small the market cap is relative to profits made and shareholder returns. So of course we’re going to mention it when for the second time in 6 months the share price has been derailed in dubious circumstances.
Ankersharkz you are correct the 2021 results were announced on the 20th of may the share price opened at 5.38 and finished at 5.39 1p up on the full year results the next day it dropped 13p I just looked it up online then on the 24th and 25th went up to 5.92 so my question is why didn’t it go up over 50p on the day there announced the results.The other point you said about parcels being more pre pandemic is also correct but ask yourself what the price was pre pandemic I would say around 2.20 but I can’t find the exactppricee now do you think this share should have doubled before the pandemic set in because I don’t and as for analysits saying 7 pound a share most don’t know there bum from there elbow
Dowsie is exactly right. The people screaming manipulation only ever pipe up when the sp is going down. When it’s going up no one thinks about why that is, it must be because deep down I’m warren buffet! Maybe I should quit my job and do this full time. I’d be a millionaire! Give it a break.
Share prices go up and share prices go down. Maybe, just maybe the fact that little over 18 months ago it was at 124p and it’s now at 470p odd means it needs a breather before pushing on.
Everyone keeps saying it’s undervalued and giving a ton of reasons why. Well we could all find a ton of shares “over valued” and give reasons why it’ll fall. And yet they can stubbornly stay high for years and years. Maybe this will stay stubbornly low for years…
Dowsie3 - if I’m not mistaken aren’t final results in May? Did the share price not rise in May 2021 because the results were very positive? Plus, the share price is now 461p and the market cap of the company is 4.6bn. The company is going to make around 850m this year. Does that sound like fair value to you? A share that is aggressively moving downwards against the FTSE 100 surging upwards from no news is very questionable.
Parcel volumes are never going to have as much public demand as when the nation were required to stay at home by law because of a global pandemic, it was unprecedented. What is important is that parcel volumes have remained a lot higher post pandemic which suggests there has been a structural shift in demand.
Most analysts give RMG a 700p valuation. So when the share price tanks very quickly from no news down to 461p it understandably raises a few eyebrows.
I’ve been a postman for 16 years bought 3030 shares when we had the IPO sold 25th of may 2021 at 581 their actually finished the day 5.91.the reason I’m saying this the day before the share price went up about 30p and the day I sold them they went up 40p all this on no news but not one poster on here was saying the share price was being manipulated people only say it when it’s going down on no news .I think it was only beatrootjuice who said at the time that be careful of the prices because packets were slowing up with the end of lockdown and since then the price has dropped 120p