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looking very good 1gw to say we havent had an rns for nearly 2 months now,xmas trading already underway at express gifts,so im feeling very optimisic for the rest of the year.
Trying to claw its way back toward £3 by the look of it. 280p paid there, albeit for tiny volume.
No need to panic skindle,i was posting on my mobile,in future i will use my laptop.ha.
You had me worried for a minute there Columbo, 29 pence is a near ninety per cent reduction in our share price. I raced to the regulatory news to find out what had caused such a drop !!
Silly me,wrong board,not often i make that mistake.
What a load of tosh,what was the resistance at 21p when bhp bought in.it wasnt 29p,so in other words,another ruddy good rns will see us mid 30s.imho
Excellent post Ejackson, astute suggestions that would of course benefit our High Streets but this will not happen under the most hapless Government of modern times. Mrs May, I think it is time for you to move on.
Bought back the ones I sold in July.
Decided the SP has fallen too far to ignore a good buying opportunity so have acted accordingly.
I think Philip Hammond’s comments on taxing e-tailors (aka an Amazon tax) is weighing on the e-tailors SP’s. What concerns me is how we might get caught up in a knee jerk tax that should be aimed more specifically at an entity such as Amazon where they seemingly abuse the system without redress. On a wider view, how short sighted to potentially stifle such a growth area that is providing jobs versus propping up the high street where customers have voted with their feet over what is on offer. My market town has seen real success and support for more niche retailers across a spectrum of offerings. As a thought why doesn’t Hammond introduce a moratorium on business rates for the first year of trading and then taper it for the following say five years for businesses with a turnover of less than eg £250k. IMO this would breath life back into the high street and provide more employment and therefore tax returns for the Government allowing both high st and e-tail to sit alongside one another rather than ‘robbing Peter to pay Paul’ and prop up an out moded shopping experience.
I see Mr Caldwell is experiencing losing 50% of his investment just like we have in the past
A limbo dancer may be able to tell you
This diminution in value is becoming quite alarming. How low can the share price go ?
It looks to me like Schroders are still reducing. There can be no other explanation for the suppressed share price.
we now have until november to wait for another trading statement or half year results,3 months can be a longtime which the sp can drift with no news.its still good to know that only 1 of our 9 major investors have decided to part with some of there holding,touch wood.
That the MM's are reluctant to lower the price,despite very little buying of late,im expecting more good news on the horizon,bumper xmas for express gifts and bobs your uncle,investors will have to be very patient and wait for the big gains,but i now believe its possible.imho.
I guess this explains the reason why the share price movement has been so disappointing since the very positive trading statement last week and our CFO buying £50,000 of shares with his own funds. Since the last holding in company RNS, Schroders has sold a further 824,773 shares.
Seems to be a bit of a sticky wicket,in all honesty i thought it would be,we have come a long way in the space of 8 months or so,and theres nothing wrong with taking profit,but on the back of a good trading update and with the business turning around somewhat,i believe we can add an extra quid to the sp in no time at all,famous last words.
The MM's will do what they do with the SP Skindle and 1GW is right to take a profit if he deems it appropriate.
Personally, I am happy to stand behind our CFO and his maiden purchase, riding out the day to day ups and downs. We have both advocated in the past that board members show their confidence in the future direction of the company and dip into their pockets to buy shares. His action can only be seen as a strong sign and with the now established and consistent flow of positive news, I firmly believe we will receive a significant re-rating in the medium term. If it dips back meaningfully below £3, I will be buying as strongly as my available funds allow.
Well, the trading update succeeded in pushing the share price above 300 pence as anticipated for several minutes only to slide back under that figure again at the bell. I hope we don’t have to wait until the end of November to break through this resistance again. Has the market decided that based on the currently available information our market capitalisation is £255m or 295 pence a share ? 1GW_’s share sale earlier in the week might have been a very shrewd decision.
Having had a look back at the final results in june,the group revenue for the previous year was an increase 4.8%,so after todays statement which tells us that we have grown to 8.5% in the last 16 weeks in what is the quietest time of the year,me personally think thats very impressive,and with the business now looking a lot healthier since the departure of kleeneze and kitbag,alls we have to do is keep hold of that 8.5%,revenue,any further increase on 8.5% will be classed as a brucie bonus,imho
If they can achieve the sort of progress Express made in boosting the online offering, the difference this would make to our bottom line will be significant.
Notwithstanding that, the Board may then wish to offload the division for a healthy sum and pay down our debt.
Every which way, the future looks very rosey.
Good to see our CFO finally buying more shares with his own money but it begs the question why didn’t he buy a year ago when the share price was well below 200 pence ?
Brilliant start,express gifts doing very well as always,but also good to see that education appears to be turning the corner,our peak trading period is just around the corner to,happy days.
I agree 1GW, however, a positive move though and a welcome sign of confidence.
The SP appears to have perked up too.