The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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not bad - should see a slight tick up i reckon
Any opinions on what the results will be? It sounds positive to me. Might surprise the market.
I would suggest that the market is worrying about managements ability to manage the integration of Refinitive. There has been precious little in the way of positive news flow, and significant management changes. All adds up to a nervous market, hopefully no more surprises to the downside next week, otherwise were into the 60's. However, I do believe that the acquisition and overall strategy is sound, whether the price paid and LSEG's ability to integrate the IT is worry. Ultimately, data is king these days and LSEG should proser if they can reassure the market.
Can anyone give me a reason or reasons as to why this stock continues to be battered in the market. February this year we were trading at 98+, today 72 and dropping. Are we looking at the European financial hub being moved from London to a new European base as a consequence of Brexit, which is having a detrimental effect on LSEG. Can Covid be used as an excuse, we've seen the economical battering that has had globally, but surely we're on the rebound from that. Perhaps the lack of news from LSEG itself is the reason, should we brace ourselves for bad results, has the market lost faith in the CEO, is the Refinitiv deal unsettling the market. Your thoughts greatly appreciated
We should be getting the quarterly results soon.
oh dear, down again. Despite buying here at below 7000p, i think it is time to bail. The BOD do not instil confidence.
Apendragon, whats a bargepole company?
agree - bargepole company with a CEO who can talk the talk but not the walk. Disappointing.
It doesnt look good,otherwise it would be out by now
Lets hope the update on Friday is positive
Lincoln/yeah its strange,the only reasons i can think of for the sell,bearing in mind Capital are American and this being a large growth company,Capital are worried about a rise in interest rates or they know the update in a few weeks is going to be poor. As you say the markets are unconcerned,reminds me of the Jesse Livermore quote "The markets are never wrong,our opinions often are"
Stevie - Fortunately, the market doesn't seem to agree that this RNS is bad news, we're in positive territory again. We seem to be in an upward trend again, which is good and justified in my view. The fact that a major shareholder has managed to dump 2% of the free float and the share price has continued to rise should be seen as a positive. It can only mean there is good demand for stock. Can't help but think that if there hadn't been this big background seller, the SP would probably have made more progress than where it is now.
The Capital Group has sold nearly 2%,now down to under 5%
Yam/If the update on the 2nd July is good i doubt if we will see these levels again. If there is a pull back before the update,i will top up
Stevie...well, we're above the trading range you mentioned. Let's hope it carries on this time. Mind you, if it does drop back to 70 then it would be a fantastic cycle to trade with..10%. LOL, if only it could be that simple. Good luck everyone.
i cant see the SP doing a lot until we get the update on the 2nd July. i topped up today with Lloyds Bank and our divi,another 112 shares in the bag. Compounding is a wonderful thing
David Craig left maybe...
Apendragon,
The Dividend was only 51.7p per share must be something else as well ?
Wonder why the fall? Divi payment?
David Craig is to step away from his role at the London Stock Exchange Group at the end of this year
my divi in my ISA with EQI was paid out early,they are very good. I have my SIPP with H/Lansdown,they still havnt paid the divi, worth considering anyone looking for a provider
Some positive news
"Singapore clears LSE deal for Refinitiv after FX pledge"
https://uk.investing.com/news/stock-market-news/singapore-clears-lse-deal-for-refinitiv-after-fx-pledge-2380090
today, J P Morgan "overweight" forecast and a update on the Data side of the business on July 2nd. We should get a good idea how the marry up with Refinitiv is going,if its positive we could get that 30% back
I’m hoping it’s the up leg of a double bottom.
this seems to me as though its trading in a 10% trading range £70 to £77. It will be interesting to see if it goes to £77 and then back to £70