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at a 25% reduction in SP......give it a few days or so for the dust to settle and watch the SP rise.
Agree with 'Optrade' - the results are in line with realistic expectations albeit with some negative forward guidance.
Market tends to initially over-react to any hint of negative forward guidance and once the panic sellers are out of the way, watch the buyers come in over the next week or so.
Will be interesting to see the so called 'Analysts' jump on board and revise their SP guidance down.....happens all the time....I just ignore them.
Irrespective of the negative forward guidance - the current 25% SP drop is excessive and will sort itself out over the week.
GLA
I did pick up some, will be picking up some more if it drops much more.
Some fund managers are getting nervous and of being in stocks but western economies look to be strong enough to avoid recession for at least some more time while Trump is in power.
I don't know who is dumping this stock or how much but I would think someone else will see this as a good opportunity to buy.
i wouldn't argue with that optrade.im in and out a lot today so just want to assess comment ands movement a little more when not under time pressure good luck if you go or are already in.
SP still around 25% down, this mornings drop was extraordinary seeing that results were around expectations
This won't stay at these levels for long imho.
agreed in principle but as i missed the initial drop I'm probably going to see how it pans out during rest of day before deciding.no advice intended just my opinion.
agreed, bounce on its way!
Nevermind. Just found it.
1.5 cents going ex-div on 16th Nov
Did they announce an interim divi?
Won't be long till the SP is back at the £4 level.....as 'Trend364' states.....there is only one direction for the SP....and that's UP.
thank you for that trader364.i suspect you have made the right decision(hope so) i missed the larger drop first thing this morning as otherwise engaged but even at this level looks well overdone so will be keeping an eye on it later today.cheers
On a dip like that, reckon its worth throwing some punt money in
Glad you got out in time. I'm back this morning, on a drop it's often a good idea to wait at least a day for the dust to settle but overall this looks like it can only go one way
agreed he has to get prediction of the month award,although sp has recovered a little now
yes surprised by extent of initial drop and still looks very overdone.no one was expecting good results and although not good the update on the face of it looks to be in line with poor expectation but not disastrously so.i decided to sell on friday after all as felt more chance of fall on update than rise (luck not judgement) so will be considering re entry when dust has settled
looks like you were about right with this one
.....all courtesy of a trade reported after yesterday's close that looks like a £1.3 million sell, "looks" is of course cos it is my untrained eye.
Well if there ever was a chance, jeez that opening price
We've all been there Italian, all the best with it.
hello and thanks for that.sadly I'm in at an average of about £4.60.was tempted to top up at sub £4 but as I'm already quite heavily invested here decided against.agree the question for me is do i ride it out till results day or not.wiil decide over weekend i expect
Only what was said in the last RNS which was cautious, which is why I will not be in this share on the morning of the results. But if I'm (or the company) is totally wrong then all the best to you if you make a packet!! And if you bought in at sub £4 a few days ago you've done really well, my sincere congratulations!!
has anyone seen any recent comment in press or elsewhere as to what we may expect from results next week?thanks
strong performance so far today.hopefully indicates confidence moving towards results next week
Not long now until update.
Any particular reason for this precise SP greanbean??
I see this heading for 315 IMO, but most markets are starting to crumble.