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FYI this is full consultation document proposal which will be finalised tomorrow and May be of background interest.
https://assets.publishing.service.gov.uk/media/65eee4015b6524420bf21a93/Veterinary_Services_for_Household_Pets_in_the_UK_-_Consultation_on_proposed_market_investigation_reference.pdf
I was referring to communication tomorrow.
Do think they will investigate further and that full report could take 12 months or more but I am looking at the detail of what areas they want to look at closer.
I can then judge how it will affect the industry and especially the individual corporate groups like CVS.
When will the CMA report be released though? The consultation closes tomorrow, but that doesn't mean they will be publishing their decision on how to proceed any time soon...
Morning yes the CMA report should be revealing.
The general thrust is very predictable but the fine detail is the important bit and how the corporates respond.
I've joined in with 752 @ 930p... & let's see what happens next once the CMA reports.
Monk/ive been buying this daily ,today i paid 933p. I have my position now ,so i shall wait for the report. This isnt being shorted ,so theres no selling pressure .None of the big institutions have been selling The world and his dog knows this is dirt cheap. So its all now down to the report.
Nope, still dropping.
Pleasantly surprised by the relative lack of a drop today after the release this morning. This makes me think we might be nearing the floor now. Keeping powder dry until after the CMA announcement later in the week.
Brillo/ whats with the negative vibes? Im also holding DARK,they will be in there and will have it sorted, in no time. It looks like the SP is going nowhere until the report comes out on Thursday.
Yep, still no floor i think. Recent news of a complete computer shut down and huge data breach i see. Run for the hills! [LINK REMOVED]
Iron/ive been doing this a long time. Ive come unstuck a few times but they pale insignificance with my winners. Thursday is a big day,i should have my position by then. Then if it goes up,its a long term hold. If it gets beaten up,i will end up with a bigger position. GLA
Loved your final comment, stevie.Keep buying and how you make "akilling".
Iron/i agree. Im not too worried ,what ever effects us will effect our competitors to some degree. In the long run it might be beneficial for us. As for the SP ,it will depend on earnings ,if the earnings are ok the SP will rise. I would like to thank the CMA because they have given me the opportunity to buy this cheap
The CMA are a bunch of weak pathetic pen pushers. They see an easy target in CVS. BIG price control companies they would not dare challenge. Like all government funded scroungers they move VERY slowly so it will be many months before they go away. So the sp we can expect will show little movement for many months , i fear.
Joo/ i hope your right. How did you come to that conclusion ,was it in a dream?
Dick .
Well good luck with that pal
True its sliding down
think will bottom at 6 then start to rise
Gary/Im not a trader. I do add and top slice but i tend to hold for 5yrs on average. I bought this about 3 yrs ago for £14 i only sold it for £19 because i needed the money for something else. Im now building a position. i have 13K shares,i would like 30K. Im happy to buy under £10. We all have our own strategies ,for me its about risk and reward. The market hates uncertainty.i believe the market has overdone the drop.
Hi Stevie. It's a bit more civil over here.
I've traded this a few times. When it moves it can move well.
I managed to make a positive trade over on SDRY 1st think so bought on here again. Average is 969.00 for me.
Best wait a while longer 🤔
Looks like it.
No signs of turning yet .
Ive bought more today ,,"when theres blood on the streets"
This is still dropping convincingly. Headed for £9 or lower at this rate. Bizarre.
Hi All,
Some good comments and in general agreement.Will look at next CMA response and judge accordingly.
Fortunately I know this space like the back of my hand so confident I can predict the impact of any investigative action even if not the timeline.
Enjoy rest of w/ end
Monk/im 50/50 on whether we will see a drop in the SP after the report,it could go either way,but it doesnt matter because it will come back to £20, in the short/medium time. Opportunities to buy quality companies at cheap prices are few and far between . I also heard the interview on Radio 4 by the CMA representative. I thought she was "playing to the gallery".