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Careful on VED I bailed last night ,see my post on the board , re-enter at lower level. Watching where LAD goes today I need a down spike to confirm new pattern, then I will load up for a quick trade.
Appleby, spot on! Looking highly bullish for more gains ahead, regardless of any blips from inevitable profit taking. Will also have a look at MRO & VED. - Best regards.
This has broken out of recent trend , interesting move. See where next down movement spikes to confirm , also look at MRO and VED made very good money moving funds on these last few days.
Thanks. Balanced views. I suggest with all the recent divi-cut chatter, some divi-cut maybe priced in at these levels. But as we saw with TSCO, even if it's totally scrapped, eventual new CEO appointment & his/her strategy will be key. If those please market, this likely to recover more even with some divi cut. Thankfully, LAD's sector relatively detached from a lot of macro woes, unlike banking, so unless we see more LAD-specific bad news, quite agree it's looking positive. Later on, who knows? But I still intend to take my profits well before May's GE. - All the best!
JD, well its been falling in a roller coaster fashion for a while except each rise has failed to reach back up to the last, well until now. The market has been on the up a tad too. Where have the QE, terror, Greek woe's gone? Not to mention an election here that might add more tax/rules/restrictions. Maybe the thought of all that and any possible divi cut were not enough to drag it any lower and it was seen as cheap enough. Time will tell but its looking more positive now.
& return to circa 120. Today's SP action so far & past days of mostly higher finishes, bar a couple of blips, suggests it. GL all those waiting for sub-£1. You may have a long wait. JD intends to reassess closer to 120, depending on volume leading to next resistance levels, etc.
I will buy back in if reaches 90p to 95p range happy with 2-3 % margin on 350 stocks, I tend to trade at 100k lot size .
Correction to obvious typo in penultimate sentence: "so I wasn't to know". - Cheers
If you bought 104/105, well done. All I saw from your recent posts before commenting was that on 24th Oct you stated your target buy here was 110. You even titled your post with that header. I just thought having held all the way down to 102+, why sell now for 2p gains, minus costs? Now you say you bought at 104-105, but I didn't see that posted so I wan't to know. All cleared up now. - GL.
I bought a lot at 104p-105p on recent lows sold at 112p ,not a very surprising deal . Will buy back at sub 90p if it gets there and sell at 98p. I am not 100% confident in it dropping so I will not short sell. Why hold if you think it will fall.
Appleby, good luck. Yes, lots of uncertainty here, but that's nothing new. Market knew it weeks ago. In that sense, I'm surprised you sold now in view of okay recovery past few days from 102.30 lows. But to each their own. Just seen our highest close this year, so I'm glad to continue riding out further undulations to SP until we revisit higher levels... despite being back in profit. Bound to be more blips, but that's nothing new. - All the best!
Direction is indeterminate , I just cannot see a top CEO wanting to come to this old dog. If Divy cut this goes south , when new CEO comes in he will have a clear out, that will cost money in the short term. To many ifs, buts, so out for now . gla
Richens, IMO, next direction still indeterminate. Possibly to stay range bound for a while. As new fundamentals are scarce for now, TA points to: Resistance 1 & 2: 112.3 & 116.3. Support 1 & 2: 108.3 & 106.2. http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/exchange-insight/technical-analysis.html?fourWayKey=GB00B0ZSH635GBGBXSTMM FWIW, I posted my buy here a few mins after buying at 111.80 back in late November. After failing to take profits at 119+ early December, I'm staying put until a new CEO. Accept there's a risk of further falls, but so be it. - Regards & GLA.
Looks like it's heading the other direction now, below £1?
12:51:39 110.9858p 385,000 £427.30k
I preferred it the first time. 11% profit not enough for the market and their shares are down. Maybe both you and Rich are right
Excuse obvious typo: "or it could mean". :o) Cheers.
Or tit could mean that as more people have surplus cash thanks to lower inflation, falling oil prices, etc., they're gambling more again. Anyway, good to see this making gradual progress in right direction. GLA!
So that means William are taking more of the market then!
William Hill sees 11% profit. So it can be done.
Toward breaking out below £1 this week if no mention of new BOD.
Have to agree with you. I have lost patience and cashed in on the small" spike" on Thursday. I dont expect any fireworks in the results, Disappointed that no new names have come forward and disillusioned with them as a punter. Maybe the appointment of a heavy weight might spark some life here I will keep a watching brief and maybe tempted for a small interest if the SP looks to threatens the 100p mark.GLA
I spend 4 to 5 months a year around the world. Before Ladbrokes took over Betdaq, Dubai was the only place It was blocked. Now it is blocked in Turkey, Malaysia and Thailand which were all open before. Only Cambodia is open in se Asia that I know of. More losses for this shower, but GVC trading as sporting index other than Dubai is still trading in all these countries. Why is it with this abysmal company LAD everything it touches it ruins? This is not a ramp or a deramp for either company as I'm a shareholder in both. But I was a stickler for LAD but now I have no excuses left for this BOD,and will have to sell with a loss after the next dividend GLA
3 month chart shows clear trend downwards, unless this breaks out we are at the top of this cycle. Will put on watch list at sub 100p, if trading update is solid it may quickly recover. One for the gamblers I think.