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These next few weeks are traditionally quite bullish into jan and sell off in feb, we could break some sp levels here. Assume another trading update at some point but nothing seriously scheduled until new year,
Took £10k off the table just as brexit appears, around 35% gain so really happy and hold more. If we broke £1 and saw £2 I don't think that's overvalued for this business just legacy from covid. A lot of shares in some sectors still way off pre covid highs so I think good gap to fill as yet.
Seems 97 has resistance and assume £1.
I’m still not clear in a post covid lockdown but a higher unemployed, economic breakdown unfortunately does ipf do better? Less access to loans from banks ?
This is a big stock, big play for me and so far so good.
Yes there was more of an expectation that this would fall to the mid-80s. Though intra-day highs have been higher I think the key test will be whether it can close above the 97p region for a few days or whether we will see a new trading channel to the low 90s again for a buying opportunity to re-enter.
I think a lot of people were expecting it to pull back much more but it’s back to previous highs. Showing strength. Hopefully breeze past 100p soon
Looks like the power is wth us and chances for only a mild correction are growing.
If they ever get close to the 12.4p annual divi the amounts at the moment against current sp of course are huge.
I’d be looking at an 18% yield, huge divi and great position, of course lots to do before this however you get the sense and possibility this company is very much focused on getting there
Agree with your comments. The key will be to maintain support short term above above 75p and not fall below those levels again. Otherwise we will have that tough level to break as well. Medium term though in 2021 can see we will be in 150 to 200p range assuming full lending % resumes and pandemic risk eliminated summer 2021 with vaccine distribution and new normal.
From rising from 60p at the beginning of November a pull-back was inevitable. To be honest with selling of Barclays and other Financials yesterday it could be argued that IPF has shown quite a bit of strength this week. Quite a bull run this month with each resistant bar falling like dominos. There is now materially greater certainty on the long term future and long term sp potential. That said, with quite a sharp pull back and profit taking in the last day the question is whether the floor is at 90p now or whether the MMs will look to trigger further stop losses in the next few days with the wider market uncertainty.
Likewise you see the red and wonder next step but at the same time we have had days of blue one after another, great improvements and really happy. I’m sticking in, anything north of £1 is really good, how long economically we have to go know idea, does high employment lead to more business? However higher loss? Interesting six months ahead, whatever I think ipf is undervalued
Backing off today. I did find myself thinking about selling some yesterday! Still, would I really want to be out if we get a jump to £1.30!
Short time and higly deserved correction and cooling down of technical idicators, graviation towords 1,65 still valid
Yes, 150 to 200p will be achieved in 2021 for sure IMHO.
See much higher over next 2 to 3 years.
I assume £1 is a level which has resilience also so if this is broken by end of a day it makes a difference going forward?
Jeez damn. Just looked at sp after selling out a week ago when hitting my target. Well done to holders who saw it through 94p resistance area. Good one.
Yes, it looks like ipf is now pushing up to hit the £1 mark. Perhaps even this will happen this week!
£1.50+ is my expectation, especially once dividends get restored which hopefully will happen early next year. I guess dividend restoration will all be dependent upon an improvement in the new lending rate up from the current 60%. All looking good....
Broke through the 94p resistance. Noticed the huge delayed buys after hours to so expect some more TR1s to be declared. Only a matter of time till 100p is broken
Makes sense, thank you. Hopefully it means that he isn't left with too many shares and sp can move more freely based on actual daily buys/sales.
Because the mm had sat on a lot of bought stock and wanted to off load some while they could as not as confident to stick with it. Investors are obviously still nervous about the stock and many others to be honest as vaccines start to appear the uptick hasn’t been that great, they’ve all moved onto Brexit deal
The volume bought today was 1.6 million compared to volume sold 88k, i.e. buys 18 x sales, yet price goes up by merely 2%. Why??
The closer it gets to £1.95, if it does, the less risky it becomes if you're in at current levels or below and a hold becomes a more rationale decision. Those who sold recently have done their damage and lost any chance to get some serious % gains
@unvrkw - I aggree and I had a £1.35 target price penned in here before the drop past 50p! (I should have topped up more!)
If we got £1.95 I’d be happy to sell for something slightly less risky and bank the gain. Each level bring investors in, investors out all depends on where you started. Gla
What about the Financial Times forecasts updated on 19th November . £1.95 is the median forecast. I don't see any reason to sell other than bad strategy. Way too cautious. Vaccine not working...really
Hamil, I had a target exit price at £1.10 for my own personal profit target. I’m sure plenty of people have exit prices when they invest? Regret isn’t something I will feel when exiting. I might have had regret when sp was sitting at 45p haha. However if sentiment changes drastically I’ll review and could bank some profit at £1.10 if it appears £1.40 is achievable on TU’s and lending increases I might hang on but unlikely. GL to you and hope you bank plenty of profits too.