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It's a 1% reduction overall, but around 6% of their existing allocation. 6 months ago they disposed of 5% worth, so there's nothing here that looks unusual based on history.
On the one hand this would seem to suggest they don't think the SP is going to go up any time soon, on the other hand they might selling to simply release liquidity to fund other initiatives and don't have an opinion either way.
As an after thought, it's probably just a co-incidence but this disposal does take their holding to just below 15%. I can't see any obvious immediate benefit from that, so it's almost certainly a co-incidence and nothing important. However, if Schroders were to drop their holding below 15% in the coming days/weeks then that would be triggering alarm bells (the good kind!) for me with regards to the possibility of a potential PE takeover.
They reduced 1% in October also.
Can't see the big issue but knowing the market will probably whack us 15% just because of sentiment here.
These guys buying loads didn't go much to the stock price and maybe this isn't bad as a contra indicator!! I'd still bet on AH doing what JL couldn't - turn this around on a sustainable basis by chopping unneeded fat.
GWA
It appears to be a just over 1% reduction but as you say terrible timing, still give people the weekend to adjust to the idea before Mondays open
Not great news to bring the weekend in ….
RWC Asset Management
See RNS above
Round about there SK, not sure exactly. I still have only a small position. I could see it reaching 14.5 or so then making a decision.
13.46p? - Best of luck! I opted for BT on the last occasion instead of CPI but I had been eyeing up buying a small stake in CPI.
I doubled my holding today around 13.46.
From a TA perspective (2h chart) you could argue we're looking at a hidden bullish divergence on the 1433 stoch. For whatever it's worth. I've added.
Savage, what about 3p?
Even I don't think it'll hit 3p!
Capita at 3p 😂 must have missed that but certainly not in the last five years….. shares prices move for a reason and we certainly haven’t got a reason at the moment to get to 30p
Every few years we get a ''golden opportunity.'' In the past we have seen Corus(British Steel) go from 4p to 60p.
We have seen Taylor Woodrow 4p to 45p and Thomas Cook 10p to £1.60!!!
People may in a few years be saying '' I should have bought Capita at 3p, now look at the at 30p.''
No problem .🙏
US GDP slumped
Savage - would that be the US market which you praise so much? Poor wee FTSE just keeping its head above water hmmm
I see it's selling off once again... as are many other equities... what's the trigger for the move today? - I spotted USA released some interesting data.
Indeed he did so... because what with USA + USSR being the major superpowers at the time there was a clear need for UK to join up into a union with large enough clout to compete economically with those superpowers on the global stage - i.e. the EC (later EU) was born out of a necessity to co-operate.
With apologies to the guy on here who says we should focus on the company not politics !
Interesting of course it was Harold Wilson who actually finished the job and signed into EU. In those days the parties actually agreed about a lot of stuff.
If we're set to head back in time to 1970 that'll be most interesting because that GE led to Ed Heath commencing the negotiations for UK becoming EC member state... Gosh some of you on here really need to scrub up on your history.
If it was 1986, it supports my statement. If Labour go back to 1970, Capita would cease to exist. It only came into being due to to Thatcher
Capita was founded in 1986. Not before 1970.
I meant capita not serco
Anyway judging by today's price action the market could not care less about the trains
I must admit I do not agree that the fact it has flourished for 4 decades makes it ok. If Labour went back to pre Thather ie 1970 it is new ballgame