The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I’m exactly the same, Blackrock, Vanguard, two cheeks of the same buttock. What’s their end game though.
I would much prefer anyone else, e.g. PIs holding those 5%
Let's hope the upcoming trading update is a good one
Also, it doesn’t make sense to buy over 5% of a Company just to lend the money to someone to short
I see, don’t you think they are going to Puchase more and gain a higher % of ownership.
Probably lending to shorters
I see they hold 5% in Marshalls now, I wonder what their goal is. They have their tentacles everywhere.
Are you saying the new ceo buying.
The CEO was happy to buy at 262 and we see signs of a strong buyer in the 250s
I would imagine this is the domestic market, paving etc.
Marshalls are aware of this, they will have to do something about it.
Nobody is mentioning Marshalls is losing market share hand over fist to Irish Manufacturers. Tobermore, for example have got Scotland and the North of England pretty much sown up.
Viridian Solar is the name, for anyone that didn’t know.
They paid £550 million for Marley and a bonus was Marley buying the Solar Company out that is doing well, around 250% up last year. All looking good moving forward and we need the developers to kick start the housing.
Yes, they've gone through some tough economic times which are continuing, but they seem to have done the right thing, tightened their belts and got ready for changes in the market. This investment in the past couple of years has not helped me financially, but they've impressed me the way they've managed. and the purchase of Marley, may yet be a great move.
Harsh as usual with Marshalls. The revenue was let down by new build housing. Despite that,
- the company is still profitable
- our new CEO, Matt Pullen did not sugar-coat things because he has to show progress
- net debt is down
- they expect an increase in revenue in H2
They are stronger than before in, they bought CPM the drainage company, they bought Eden Hall the bricks company and then Marley Roof tiles, that install Solar paneling.
Last week Berenberg upgraded Marshalls to "buy" with the target of 420, which I think is realistic. However, I don't agree with them calling it a cyclic stock, quite far from it. Marshalls has had over a decade of consistent SP increase and before covid related problems was trading at an all time high... an extremely bullish stock, at least by the LSX standards. My point is that Marshalls has potential even beyond 420. If the interest rates had stayed low, the 2021 "fire sale" would have never happened.
As you said Stanley, we needed to break out of the 280,s and the share price is slowly increasing and your Cup and handle prediction could well be another catalyst 👌
You pick one, 4h - 1d - 1w are all large in my book
I’ve heard of the cup and handle Stanley, what do you mean by, a Large time frame. Cheers
On a large time frame
Cheers Stanley, I have heard of the Elliot Waves and Fibonacci. I will watch some videos to get some basic understanding and then try and look at patterns and charts etc.
Hello Andy. If you press reply under any post you'll stay on the same thread. Regarding you question, usually there's a combination of methods / techniques / indicators that seem to work better for some stocks. Start researching different methods used in TA online and maybe you'll find similarities with MSLH chart, and then you'd know what books to read. e.g. maybe you'll find the Elliot waves to work well and then you may realise that those should be viewed together with chart patterns. Also, try to see what indicators other traders use on youtube regardless of the instrument (even forex!) and try to apply the same to MSLH historic charts on different time frames, 1h, 4h, 1d. There is no simple answer to your question as there's a lot of rubbish around and you need to develop your own filter and rely on something you can trust. TA is not a crystal ball, it helps in understanding the market behaviour and what levels are likely to be defended or tested by big players, IIs etc, so that you can stay ahead of the curve. Hope this helps.
Stanley Pro, I’m sure pretty sure the turn around can not be to far away. Are there any basic T.A books on the basic level that you could recommend, thanks. Andy
Yes, and I'm invested here also. My 2024 price target is 400.