Adrian Hargrave, CEO of SEEEN, explains how the Company is now funded through to profitability. Watch the video here.
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Heading next ; 4060.00
13:51:50 4346.0000 150 O 4345.0000 4347.0000 ? my tade. computer didn't know if it was buy or a sell. lol
I agree N1 I think small investors are being played all over the place just now. Seen it with lloyds too... Im sure IAG was the same. Keep topping up and watch the fundamentals imo.
You are quite correct.However the shares were bought at an average of over �1 more than they closed. Highest price paid �47 and lowest �44-2. Just goes to show my earlier note was correct. Most probably will see these rise by at least a �1 in the morning as there were many late buys today over the closing price. It looks like the market is being played as looking at the results which were what was expected the fall seems to be far too steep.
Next spent �8m on shares today after its share price dropped 8% on largely anticipated news. That's a big chunk of the �25m it had set aside for this. Nice of the shorters to let the company buy back its share so cheaply :-)
I bought some shares yesterday anticipating that they could rise today,however they fell quite sharply I bought some more and they still fell,then I bought some more to equalise and then there was a bounce in the share price and today's purchases are now nearly breaking even.I think the bounce will continue through the week and by the end of the week I should be sitting on a profit on these purchases as the market has constantly been wrong on the shares throughout the year
that the gap in the chart from the last big rise has now been closed....
13:35:13 4434.0000 1 AT 4434.0000 4435.0000 Sell MM speak for take this sucker down??
The market is mad.the results are quite good as they have narrowed their figures which shows the lowest profit expected has risen.Two dividends to come and money towards buybacks,this share will after today start moving ahead.Have bought some more today .
It really is laughable, rmg gets a broker rating and drops 5% , the results update here,as you say, is in line with what was expected, and 8% drop! I'm wondering if the only good way to invest now is to never be in a share when reporting results , just cash out early and wait for an overreaction like this. It's a game. Good luck all.
Yet another big reaction to an update which was petty much expected? Cant believe how brutal Mr Market is being during the current results season, my portfolio has taken a battering even though all, or at least most companies are performing as forecast.
So reading at the RNS all we really need is to move Britain for this season a couple of degrees north and then Next profits should be taking off - Shouldn't be that difficult with Brexit not holding this country back anymore :)
Because management announced at the results that believe they will generate c.£50m of surplus cash this year which they propose to use for buybacks. Prior to that announcement the cash flow situation at the company was uncertain so the company didn't commit to any buybacks (instead opting for special dividends to give shareholders more options). At the results the share price rose to around £48-£50 and therefore the company now has to pay around £50 for each share. It was up to investors to buy shares sub £50 with their own cash (that was the purpose of the specials after all, to give shareholders the option). ATB
Any reason for waiting till now when it was five quid chaeper last week?
Great news, this should help the shares gain even further if this continues!! £7 here we come!!!
I have to say I am not at all suprised. Its a good company who are turning a corner and have a very low share price. I will be holding this for the long term.
Wow, I sold too soon, (as usual), although I have to say, who could have seen this rise, even having read the results, I'm still surprised at the current SP. Good luck all.
That's me out for a while with a nice profit. GFRD are looking good for a quick 64p divi, but then I'll be back. Buy on the dips, sell on the tips!
First Dunelm and now this, my UK retail shares are diamonds in the rough!
So, PBT better than forecast, share buyback and a good grip on the value of increasing the retail stores estate. Retail has been seen as the weakness, but the BoD take a contrary view and the figures they give tell us why. It will be interesting to see how the market receive today's results. I think they may hold off until the Q3 sales figures are delivered on 1st October.
I bought in a few months ago at £39.25 and intend to hold for the longer term. I don't really mind what happens today, even if we have some 'sell the news' effect. In fact, it we were to see a drop, I would be tempted to buy more. Lord Wolfson is not to be understimated!
Buy in quick, these will re rate soon, get today over with mm playground tricks
Appear to be in line or marginally ahead which I think is good news given the over-egged pessimism on this stock over recent months. Dividends of 98 pence over coming 3 months and share buy backs in the second half - all seems pretty good to me.
Agree absolutely, that's why I bought in a couple of months ago, for the Special Div's plus a SP abnormally low even on the revised forecasts, keeping my fingers crossed it was the right decision to hold on