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on where the share price should retrace before we see the bottom? As a cash generative company that pays a good dividend, the retrace seems overdone, but I might be wrong.
Thanks chillpepper64 and HeresHopin I just looked at the bottom line and saw my share price vanishing in front of my eyes I bought in at £1.77 some time ago, thanks again
Its a glitch ! A few other shares on here are showing exactly the same number of shares bought or sold all day long. Hopefully they will sort it out tomorrow.
Thanks HeresHopin for the reply excuse my ignorance but I still don’t understand Algobots, guess I am a slow leaner
Can anyone explain why there are so many multiple buys and sell of 292 shares trades relative to PHTM would be grateful for any info, 1william
Yes, I believe divi-payment is the 9th Nov. The PHTM share is a little up and down, mind you it was stable in the 120's for a month or two. You appear to be looking more long term, whereas for me, as soon as it's hits 128p, then I'd have made 20% (taking in to account the dividend the week after next) and I'll be off. Dividend-wise I think PHTM is over the 7% range, which in itself can be alarming. Although it; along with the sudden drop is what attracted me to invest in the first instance. PHTM accounts for 18% of my investments on the LSE, and for me this is too high. I might even reduce down to a thousand shares, so I keep my hat in the ring throughout the next year.
Thanks for the heads-up on the RNS Julian. My first reaction upon reading your post was: What RNS ?!?!
Mind you, there was one on Oct 25th last year so should have expected one now, despite it being an oddball '5 month' update. Been examining why I wasn't aware and it comes down to my long term strategy with PHTM. It's a profit warning hit share. And there are a specific set of several steps that "usually" occur after such warnings are issued - right from day one. And I'd already decided that 'trusting' the SP of PHTM was a no-go area until next summer, where I don't expect a recovery as such, but safer progress from then on. So, really my strategy is folded-arms do nothing for 12 months commencing from the day of the profit warning. I have been impressed with the resilience of the SP, so it could fit with those minority of shares within a profit warning that attempt to become safer from the 6 month point onwards. If so that would mean from November-ish onwards, and that this may be the last time 100p is seen again. (closed at 99p last night, this site had several closing errors across the board yesterday).
- On the other hand that's two re-visits to 100p. It could stand a third and maybe, maybe get away with it, but re-visit 100p once too often and it will get breached. For the moment, 100p now gets promoted to notable strong support area, and thus would take some serious selling to break past down it in the future. At most that would be until summer next year, but if this is going to be one of the better performers in profit warning hit territory then that was the last chance to bag 100p let alone my perceived next support below at the 90p area.
Yes, a bullish update. I have 100% complete faith in Serge; he's not a newly promoted CEO, nor inexperienced, he's just hit a trading bad patch - Japan! Not a warning of imminent total company demise, but a warning that things will be less than inspiring for this current financial year.
And I fully expect the old guy to do as he states and come up with the goods in the next year or two. Unless he's intent on copying the likes of Buffett or Murdoch and run at the helm into his 90's, his next step must be to prepare for retirement. He's had his back to the wall before and come out fighting to success and acclaim, and I expect the old warhorse to do the same here, and get the company in good shape which should be reflected in a well performing SP, before he'd even consider selling in an agreed takeover or stepping down for retirement and a replacement CEO.
I'm fully invested here and shouldn't be looking for a top-up. But a gift of sub 100p and I'd take the bait and lower my average. Might be one more chance for sub 100p before next summer; but I agree, that's now looking distinctly doubtful now.
In the meantime there's the truly excellent dividend maintained for night time comfort. Isn't the divi due on Nov 9th the highest ever paid out?
I think the floor of 90 is all but gone after todays RNS. I think getting in on today's SP (currently 109), IMHO there is still chance to make a profit. After the markets sort themselves out, this share "should" get back in the mid 120's and coast to perhaps 130 in the next couple of months. It will be this time when I personally make my exit, having enjoyed a 20% gain and a nice dividend which went ex last week. I am sure there is further ground to be broken after xmas, but any further gains over a 130 s/p in to next year will be reliant on results, which I'm not holding out for!
It's looking likely that 100p may well be tested again. Last time it held firm. In recent months have come to the conclusion that a sub 100p SP and I'll be looking for as likely a floor as near possible for a top-up buy and lower my average holding SP.
I've settled on 90p-ish area as being a strong looking floor so will be tempted if the SP should fall to that area - but letting the trend finally decide for me, should indications be it's not stopping there.
I've decided in advance, because to get sub 100p and with a market correction going on in the background, nerves become fraught, making it difficult to buy precieved bargains lest it continue tanking.
I've been seriously impresed by how PHTM has held the 120's ground for so long with it being a profit-warning-hit share and all. Going sub 100 is what I expected all along, but when it held 120's month after month - I was impressed. Only now with a worldwide market correction currently making itself felt is sub 100p likely to give way.
Question is: will I abide by my pre-made decision - or will I bottle it at the last moment, citing catching faling knife syndrome as defence against action?
Was watching another profit hit share and decided that if it fell near 100p I'd buy. Well last week that share fell from 130's to 100p - and I bottled it. It's now circa 125p - a straight 25% gain on it's own. It's one thing making a decision in advance like pilots training for any emergency - quite another to carry that action out when all around you the market is falling like there's no tomorrow.
Where's Warren Buffett and buy when others are fearful advice, when you need him LOL?
Think some one is running a big set algorithm hundreds of small trade over last few days , either that or a lot of very poor investors have decided to buy in . GLA
Due in a month's time just after this goes ex dividend. I topped up during the slump and may offload but I'm waiting for the next update to see if the tide is turning
Just exited this one. Had bought in after the profit warning, so made a small profit. Would have held on, but the recent large director sell worries me especially in the context of the uncertainty around the company's future earnings path and profit warning.<br />Will reconsider buying back in after the upcoming trading update.<br />
Velo: you might be right, time will tell. So many people here voice their vociferous opinions and end up at complete odds with what actually happens. This share has made somewhat of a recovery, I would prefer slow and steady growth underpinned by fundamentals. In truth, nobody knows what will happen to this share but 150, while looking unlikely this year, is not completely out of the question.
PS.
When I said: " but every single post I've seen is far too short term in their thinking."
- That's not quite accurate. There was one poster, and only one, that was bang on the money. No names, no pack drill, but it was the short single sentence post that said:
"This is classic recovery play still got a long way to go I see ....."
At the time of the issue of the profit warning I didn't comment on a post that bluntly declared this would be "easy money". That was patently absurd. I should have commented, as one poster agreed with the easy money call and added for authority that "they had experience of this share"
It was ill-informed bluster - so I ignored it.
Bul, it looks like a dose of reality has finally sunk into that poster who proudly posted back at the time of the profit warning of this share: "Easy money" with today's about-face of:
" ..although I agree the price has been more subdued than I expected..."
So much for dubious posts of "easy money" eh? LOL! Easy money my Rrrrsss!!!
And as for the precceding sentence of:"This will creep back to over £1.50" - well not in your short termism time frame sunshine - defo not ths year.
You've more chance of winning the jackpot lottery than seeing £1.50 this year. Not gonna happen - this year.
This current bullish trend is at the very high edges of expectations, and extremely interesting, so I'm firmly of the opinion it won't hang on to this current little bull run. It has time to serve first, before it's clear to run free. Short term investors will be sorely dissapointed.
Expand your time horizons and you might be on to soimething but every single post I've seen is far too short term in their thinking. No £1.50 this year. No recovery this year.
Unless PHTM is a true 'deviant' of otherwise typical profit warning-hit shares.
If it is, then the most surpised poster of all - will be me.
Little or nothing HeresHopin, no news or broker notes so damned if I know but hope it keeps ticking up and get some really good news to send the sp rocketing!!
This will creep back to over £1.50 I think although I agree the price has been more subdued than I expected. An update on the Dutch passport office deal would be a great catalyst. i topped up during the slump too but it will make the dividend that bit sweeter and pay for Christmas! Roll on October
Julian38: A lot of positive sentiment on PHTM but I expected a bit more of a bounce. I got in at 113p so trying to figure out a possible exit but will have to go to 150p for me. The dividend is attractive, may tempt me to hold on here!
I am in two-minds on this share. I also think it will tick upwards, probably in to 130's or 140's without too much of a wait, but unsure if I should sell at this point, or hang on because of the 7% plus dividend! I got in at 110. I don't think of it as a reliable share.....if that makes sense?!?
When appleby? I need to know when to sell or perhaps I should hold as this share has a good yield.
This is classic recovery play still got a long way to go I see 160-180k on this.
With Brexit and Blue Passport on the horizon, here the things you need to know from their latest results: http://bit.ly/2ukr1U4
wary, not weary.
This trades on a 7.3% dividend yield.
This share is like that now. The market is still weary of it. Showing some reasonable signs of better behaviour but you are never certain that it won't fall back in to bad ways.