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Gonna drop like a brick with all the negative news reports :(
Topped up again , more buys than sells however price falls .
Up 10% in 2 weeks. Up 43% on my buy (as posted) in May. SP back to pre Covid levels. Looking good long term.
Results update tomorrow!
Happy with my profits today. Cashed most out but left a few grand in to run the next upswing. Good company.
Agree, will be a much greater outsourcing opportunity and spread of channels and geographies means this is a buy. I just took a 20% profit at 12.95 as think there will be lots of ups and downs, none of it linked to the company value, so when it hovers back around 12 for a few mins i'll be back in
I've finally got around to posting on LSE and have held Compass since early 2003 on and off, was on a massive profit and obvious dip now, but great to see it getting towards £13/share again although I'm going to keep buying on the dips as second wave or not Compass will continue to grow.
via a Limit BUY today at 1040p. Finished day at 1114 so a quick 7% gain, but I'll be holding for long term.
Some work for Compass and they are now starting to stir.
From my understanding they are looking to reopen army camps they manage in early June.
I’ve worked for them for over 10 years.
They are a money churning machine all over the globe and I’m expecting a big bounce as they come out of slumber.
I bought in earlier today and happy to wait long term to see them double from here.
What a strange person you are! Why are you panicking? Must have shorts open
John,
I would hold off on Compass until we see how much they intend to dilute.
Might get some tomorrow.
You are on right track. Institutional funds just like you started to invest in the stock here is the list https://fintel.io/so/uk/cpg
As long as they are in the game expect the share price to go in the sky
Hi everyone,
I'm John, a new investor from Northern Ireland. I've spent a good deal of time researching stock, and while currently holding on to funds (index and mutual), decided to enter into individual stocks during this crash. I'm currently invested in just two individually - Compass Group and IAG.
I'm very much planning to hold for the long term, and won't be selling until prices return to close to normal levels, even if it takes a year or two.
Got in at 1330 a couple of days ago, and despite it going back down again yesterday and today I'm not too bothered. I guess the whole point in this whole thing is to believe that Compass Group will survive.
Do people here still believe that Compass will continue a similar amount of growth as it has in recent years once this has all subsided? Even if it takes until 2022/23 to start growing again? Could it even benefit from changes to the industry post-Covid?
Let me know what you all think, and excited to get involved with this community! :)
John E
Caitlin1 has posted same message over 13 chat groups.....desperate person with desperate reasons....loooooser!!
Investors warned not to rush into travel and leisure stocks.
I think you are right - as coronavirus spreads the catering CPG do for airlines, companies, hospitality events and schools will be significantly hit. The only positive is that they will recover once the virus dies down and all gets back to normal. The experts are saying 4 - 6 months for this virus to pass through. The SP is probably oversold, markets tend to overreact and yes they will suffer but this is already factored in the SP. This is a strong company and you can get the shares at a 20% discount to what you would've paid a month ago.
This One will be heavily impacted by the Coronavirus, Catering will suffer. The next sets of results will show a negative impact , all depending on how long the problem persists!
CPG is a keeper for me and I expect a good return in 2020/21. Sales were up 5.3% in last Qtr which is quite a bit down on previous Qtr but these things are seasonal. I will be looking to top up on any small drop in the SP ~1860 level. The SP is up 2% so markets like the progress. The outlook statement was very positive:
"We have had an encouraging start to the year and our outlook for 2020 remains unchanged with organic growth around the mid-point of our 4-6% guidance range whilst maintaining our strong margin(2). In the longer-term, we remain excited about the significant structural growth opportunities globally, and the potential for further revenue and profit growth combined with further returns to shareholders."
Might need buy a few more to average down. Still feel fall overdone but you cannot second guess the market.
yeah - beginning to weep now :)
Still falling ... Liberum cut its target from 2240 to 2000. Let's see how we do today.
"Compass Group, down 2.1%. Liberum downgraded the contract caterer to Hold from Buy. Compass on Tuesday said it plans to cut up to 4,000 jobs owing to a deteriorating European outlook and as it warned over Brexit's impact. Furthermore, Compass on Tuesday said pretax profit fell 3.5% on the year before to GBP1.47 billion due to a cost action programme bringing a GBP190 million one-off charge, offsetting foreign exchange benefits. Revenue rose 8.8% to GBP24.88 billion."
I was quite happy with the results but evidently the markets weren't. Very high volume of sells. Maybe the SP is a bit toppy and maybe the numbers from Europe are a worry. Probably more falls to come but overall LT it will be alright.
hahaha - maybe!
Well, maybe tomorrow. rgds