Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Transan - Thanks. Where can I read about the Asda news?
Touché....
I see one of your aliases has just tried a de-ramp. Must be good news pending!
As you will have seen I am not a fan of this organisation however it is likely to announce that it has won a major contract with Asda who are planning to outsource their logistics ie warehousing and transport fleet.
The debt will just increase, it will eventually tumble.
What’s everyone think about today’s news report on ESL? https://www.thearmchairtrader.com/eddie-stobart-logistics-structure/?amp
DYOR grump factory!
Care to share what you share anything to validate this? Thanks
??
TruthF, have a look at ONC. should start to move up in about 2 weeks
The ducks are almost inline. Imminent announcement...!
Oversold...Sniper agree set to fly
More news on the Birmingham buy out online
still holding char. got in at 5p. should have sold at 13. let me know if you see a bargain.
With the strange structure of this company since DBays deal and the whole shell company structure I am still trying to figure out if private investors money is backed by the ESL and subsidiaries business assets which would be the traditional way - I am unsure with this business structure??? . Can anyone clarify with a simple but understandable explanation?
Tick up due
Buyers comming in.
All blue this afternoon. Huge profit / work load interim announcement over the next couple of weeks. Great time to be at the heart of logistics.,
Selling and profit taking. Plenty of people have scooped this up at 5p and just had the opportunity to sell at 20p. It's fairly obvious that a dip was coming.
way oversold, it was over 20.5p last Friday. You dont order 2250 brand new trucks unless you got some huge contracts in the pipeline!
https://www.commercialmotor.com/news/product/consortium-purchasing-which-includes-eddie-stobart-and-aw-jenkinson-has-placed-order
Just tried buying. Can’t even get a quote!!!
Seems to be a red day generally, most of my portfolio is down. Pre-inauguration jitters?
People taking profits. If I sold now I’m 70% up. But lots of people bought 15p plus. I would expect a certain level of support here and a bounce back. I’m buying some more today.
I bought in on friday, anyone know why the hell I have lost third of my investment on paper.
makes no sense to me - It has dropped on no news.
lol sorry thats what I meant. Haven't had my coffee yet ;)
Hopefully support, not resistance;-)
Hoepfully we'll see a new resistance level at around 14p GLA
If only we knew! At a guess considering the buys after closing on Friday, daily RSI above 80, sp forecast of 32p based on recent profit figures, yeah it's got every chance of being up in the morning, I'd be surprised if there is a lot of selling on open tomorrow as I think most profits will have been taken through the day on Friday.