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yes, in at just under 47p.... which explains why it has now fallen to 43/44p region, because i initially had 45p as my target buy in point, and adjusted it because of the support that seemed present just above that level, should have known better, i always get burned on these things one way or another, didn't move my target on AVCT and that's now 50% up on where i could have bought in.
anyway, I agree this should recover, i have this pegged as a mid to long term hold, depending on a couple of things, we'll see how things pan out, rest of my portfolio is doing horrendously, so if this does pick up like i think it will in the next couple of months i may have to off load it just to get some money coming back in, but i'd like to keep it, as i think it'll 2 bag from this level, and it'll be interesting to see what they do with future dividend plans, as this was a nice producer in that respect, and if it goes back to a similar strategy, we could be sitting pretty from these levels.
If it continues to fall, i may put a little more in, but that'll leave me short to average down elsewhere that I desperately need to.
"looks like we're about to hit my limit buy price of 47p"
CrystalBB, I assume your all over this now?!
What is going on here, Good Public transport operators can surely not continue to perform this bad? Bus pax numbers increasing weekly, continued funding from Govt, decent annual results yet SP continues to plummet, doesn't make sense even with COVID spikes...
At the moment, whoever mentioned travel sector, yeah it's shaky, but i am considering a little dabble in IAG because they are trading at one h3ll of a discount right now, and with poor results expected friday, there could be some bargain entry points circa 170 (ish) opportunities
i am avoiding those, but how low can the likes of TUI and CCL go, a bit more i think and i don't think recovery until next year, or if this virus goes away. I'm sure the MM will play them and suck people in. But this seems like a good bet, i not invested yet but nearly purchased today and people need withing country transport. Same as NEX but the recent placement adding more shares always puts me off.
I totally agree, it's at it's lowest and a important transport company, for people who need and depend on it, to get around. I just don't understand why airlines like IAG and travel company TUI go up when quarantine being introduced. Maybe market trapping people before they tank it.
no, bottomed at 47.16 or there abouts.
If i'd hit the buy manaully i'd have probably got 47p flat, but had to go out, so just left the limit buy in place, have to admit, i was a little surprised it didn't trigger, H&L limit buy is a bit cut and dried, it won't even attempt the buy until the Ask hit the price, which any of you with a H&L account knows, especially if your talking shares under the penny is pretty inaccurate, as it only deals to 2 decimal places.
but whatever, I left it in place and it didn't trigger, such is life, will see how it plays out, buying does look strong right now, and that might have been the bottom for the time being. Not the first share i've not bought into when i should have done, did the same with AVST and that's now flying.
Did your order get filled? Seems support may have been found, we will see what the weekly chart looks like if this holds!
looks like we're about to hit my limit buy price of 47p
question i have now is whether to cancel and monitor it manually and see what happens or just let it trigger!