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Good timing Lemnk as the ask creeps up. We have been threatening a few times butb 75p has proved sticky. I am hoping we can get past it and move to 80p as the next resistance.
Bought 5k @ 74p ... holding 125k
et voila! I can't see 75p lasting much longer either as unless the large dumps have found their way to MM's then they will have to work to get some. 76p before close?
probably conservative long term jolly. If there is still an overhang of course it will be a slow climb. Given the growth, the progressive dividend and cash generation we could easily get back to 93p.
lost ground now and buys at almost full ask of 74p. This despite the huge sells the other day. I expect we will hit 75p on the ask in short order.
doesn't seem too challenging
most likely
Possibly another pithering?
not slicing ...long & strong til 85p
was that you top-slicing? A trade of 538k shares gone through which must account for the fall as I assume it to be a sell. If it is real time reported and not delayed then the seller accepted under the bid. On the bright side it might have cleared an overhang and we know from experience there is not much worse than a hungover bear. Onwards and upwards from here or tehre will be fur flying.
and unpredictable too Jolly as it has in fact back-peddled to 70p on the ask despite my confidence that 75p ask would be throwing its hat into the ring. As Xajorkith posted on the other board *2.4m PBT in the last FY, equating to eps of 11.3p. * Confident outlook stating in July they had a "particularly strong order book for the time of year� (they did 1.1m PBT & eps of 5.2p in H1 last year). * Recent acquisition of H Peel & Sons (their first for nearly 10 years) should give a major lift to profits/eps going forward, with an average 0.6m PBT over last 3 years. * Strong cashflow, moving from 2.5m debt to 0.6m net cash in the last 12 months - with the confidence to pay a special dividend & further earnings enhancing acquisitions likely. * New 3.5m banking facility (until May 2020) at a reduced interest rate, which �will provide the Group with a much more flexible funding structure and permit a wider range of options for capital allocation in the future". All the building blocks are in place. Invetsors need to lego their inhibitions and pile in here. Watch the SP rise from here before results.
in hat & scarf...careering around circus tent...wavering/swerving alarmingly on a rickety unicycle ..cruel
I think I would settle for 80p jolly for now. Long term this could be worth �1.50 if we keep growing and paying a chunky divi. A bad quarter would be a setback. Buys are now coming in at 72p full ask so I won't be surprised to see us back to 75p on the ask in short order. This share is certainly no circus act Jolly and the back-peddling in the SP seen over the last week is surely over. Not a one trick pony either as it does work outside the North East. Just enjoy the bouncing Bear!
is a decent bet, isn't it? The Bear faffed around 40-60p for ages...and perhaps now will cycle drunkenly 50%+ higher: 60p+ -�1???
Pandamonium in my PF and stepped in to buy more. Got 69.8p but not showing yet. I hope i have successfully called the bottom here for a second time. Way oversold as the foundations are solid even if the market is a bear pit.
Looks like a classic bear squeeze to me Jolly! Surely this is the bottom. Or maybe in construction terms if I am in a hole should I stop digging?
in mid 70s ....patience may pay here - as the Bear hibernates
sore headed Bear ... .......but securely bottomed?
in the drop. Hopefully we have a more stable bear now which might stop the fur flying among investors. There seems honestly more upside than downside at this level given we were as high as 92p on the ask two months ago. Unless the next update is the bearer of some bad news admittedly.
Yes and the company did issue a PW due to poor winter weather iirc. Given the yield etc it seems worth a punt at this level as the company recovery seems enough on track not to come off the rails due to one poor quarter. Anything below 80p seems a bargain to me.
Might be negative sentiment about current bad/windy weather reducing business - hard to repair a roof in a gale - but flipside is it could lead to more work repairing damage so you can argue that one both ways..
Bought 10k @ just under 77p ... holding 120k ... no idea what caused the drop, hope its just normal market stuff & not a company specific problem thingy.
Bearly alive today.... Likely this kind of stock very interest rate sensitive. Also to matters of the general state of economy, perceptions etc Irony is I agree it looks cheap on financials/fundamentals but vulnerable to negative economic sentiment or just market sentiment in general. Also it has had a big push up over last few months so plenty will have bought a lot cheaper and not want to lose their profit. Nervous market.
the Bear is temperamental ...but I not close enough to the action (market or management) to have the foggiest ...I'm waiting - not rushing to load up (and not cutting and running either) gl
It looks really grizzly today jolly. I would hope nothing leaky is behind the fall. Being a relatively thinly traded share falls and jumps are exaggerated. It is very hard to tell whether I should sell up and buy back in lower or actually add at this level. The eponymous quandary in a BEAR market.