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Good solid results without being very exciting. I suppose in this uncertain economic and political environment, positive news.
I dont expect any upwards movements in the sp but will be very disappointed if it goes down too much.
Yes, very disappointing so far. I think the trading update should come during the week of 9 to 13/9. I am still adding at under £7 but must admit very nervous in case the results are not positive !!
No trading update, there was one 25/7 last year?
Price monitoring extensions?
Slow drift downward?
Not sure what it all means?
Results next month?
We must be due for a trading update very soon. Every day i am tempted to add but hold on for the trading update !
There we go again ! for no reason at all the sp has come down from the 820 mark to todays price and i wont be surprised to see it come below 700. And then it will go up again. So good chance to add a few at this price !
Am a happy bunny :)
Can see it stalling maybe ony when the 'B' word starts rearing its head again, but it's a dangerous game trying to trade it imo
It is climbing all the time now. The 25% sp drop recently made no sense whatsoever except maybe collateral damage due to Brexit. It was a great chance to accumulate at a very low price , i hope investors in RCDO did. Still a good price to get in now although we should hit £8 very soon !!!
All of us holders of RCDO are wondering this ! No reason at all for the bid drop, recent results have been good, the co has very little debt. Very good idea to accumulate at this level .
Article in the Times today brings me here. I'm into all matters EV. Why the drop here over last last yr. I'll start some of my own research with a view to picking up a few. Times article promising, regards
Well afrc we are back at 700's already, RCDO like everyone else cannot wait on this govenrment to sort things out!
You faith in Ricardo has been shown to be right as I always believed and hoped. Unfortunately I have not been able to take advantage of the recent good prices as I am short of readies, and just as was thinking I will persuade my daughter to top up her shares ... from her limited Uni budget ... to gain from the "Brexit boost" ... if there will be such a thing ... we have wizzed up. Bugger
Well, well , what happened here, somebody bought 2300000 plus shares in 4 tranches. Slight difference to the average daily volume we have been having of 3 to 5000 shares a day ! And i must say that although the report was reassuring for the future, it did leave room for some uncertainty for some segments of the business that could have sent the sp very much downwards again. Lets hope the sp consolidates in the 650 level and then with a positive brexit outcome , it should start climbing towards the 700 plus range where it should be .
The sp is stuck at this level of 600 to 620 and i dont think it will move untill we get a solution for the brexit issue. The recent market update which i thought was very reassuring did not do much to improve the sp .Why was the sp at the 800 level a few months ago and now its languishing at such a low level ?
i do feel that RCDO is very undervalued and therefore very prone to a takeover . However with the sp so low, any suitor may offer a fraction of what the co is worth.
I would say yesterday's td was reassuring without being anything special. And the market's response was very tepid . I fear this is going to be a very long , hard slog for the sp to climb back . Such a shame for a company with so little debt and a market leader at what it does !!!
Not impressed at all with RCDO's pr dept. Still no reply to my request for an updated major shareholders list. And another 400000 or so shares sold today. I must say that i am pleased the sp has not gone down more with the recent sells but it is still very concerning !!!
I agree , as long as you are not in it for the short term and as provided the td soon to come does not spring us any nasty negative surprises. I have asked the co's pr firm to update the major shareholders list to see whether any of the major holders have reduced their stake or increased it for that matter !! Last list is from 6/18 ( long overdue ) and shows more than 55% of shares held by ii's.
No, I think you are good, and in no need of gods help! I have not had time till now and need to think whether it might fall back later for a little better price.
added this morning, gawd help me !
there is for a sure a big seller , a block of 100000 yesterday, another 50000 today ! new lows and how low will it go ?
Could not agree more with you , RCDO is very much involved in electric/hybrid vehicles worldwide with very good contracts in China according to the latest td, and also very active in environmental technologies ! Yet the sp is down 40% !!!
Ricardos automotive and european bias cannot help while all this brexit shite goes on.
However I am totally out of touch with what the companies been doing lately so maybe there is more to it? They publish a quarterly mag, now digital, which is an interesting read for anyone in the car or engineering biz. I should read it and catch up, but just not had time lately.
I have noticed they have been involved in more environmental things lately, both water and air pollution. This strikes me as good stuff to get involved in. They also have done a bit in US defence, I think on Hummer/derivatives. Both these things you would hope will stand in good stead in long run but I guess are not enough to stave of the EU gloom.
Am thinking of doing some serious topping up with the little money austerity has left me, would appreciate some others thoughts, afrc, a fellow RCDOphile in particular.
Have to go and watch next move from those dicks in Westminster now, will look tom. night for any advice, TIA,
the Zlob
We should be due for a trading update very soon !
A seller at this price !!! Somebody is prepared to take big loss here or else they are anticipating the sp to go even lower.
If the sp stays under £6 tomorrow, i will add to my position although i have to admit of getting very nervous here.
dont get it, not just today, maybe we have a seller ?
Bloody hell, what happened today then ?
There is hardly ever any volume in this share. We should be getting a trading update soon.