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almost in the blue now. 64.95p paid
64.33p paid. looking a little better now. still 1 hr trading left.
64.15p paid
go on TED army!!
we need those AT bot buys to kick in big time.
alot can happen in an hour of trading. heres hoping.
S&P 500 is down 100pts from yesterday's high market weakness not helping TED today.
"hopefully see alot of buying before the close."
Don't want to rain on your parade (and mine because I want to see a rise here) but...
I think this has a bit to go before any bounce.
hopefully see alot of buying before the close.
i would not want to be out of TED after today.
come on TED push push higher!!
"If they go bust, so be it."
Yes, it does seem to be a possibility. However, we're not there yet and your target is just a little ridiculous. Bit like the other day when you were warning people not to buy Boo, just before it went from 220-310, in 2 days. I made a lot of money out of that run.
Thank goodness I didn't listen to your nonsense.
If they go bust, so be it.
"On the 1st of June when Ted Baker was trading at £1.35 per share, I warn that the shares are too high because of the 75 pence placing. "
Didn't take a genius to work that out.
"I would speculate at a VERY LOW VALUATION (i.e. £5m market cap or below) and my holding period be no more than a month."
Good luck with that target !
TED will be bust before it reaches a MCAP of £5m.
On the 1st of June when Ted Baker was trading at £1.35 per share, I warn that the shares are too high because of the 75 pence placing. The company is at dire straits BEFORE COVID-19 and reported bad numbers.
The best thing they did was to do a sale and leaseback to raise cash and to reduce rent.
That is positive for their cash flow.
The problem is how much has COVID19 affected their business. That's the great unknown. And more importantly, can Ted Baker survive as an independent entity.
With most people buying clothes at the lower end of the price range, I feel Ted Baker will lose more of its customer base.
I would speculate at a VERY LOW VALUATION (i.e. £5m market cap or below) and my holding period be no more than a month.