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Got a feeling those big trades are buys rather than sells.
Loving RPS since getting at 42p. Sitting on, what is for me, a nice profit but with no intention of selling a single share with the expectation of further growth and with fingers crossed for divi reinstatement.
My posts don't show up then 2 come along at once! Sure there's a saying about that!
If we can close at these levels today I'll be happy as it will be our highest finish since pre-covid (I think?)
I think the dividend is very likely to be reintroduced (fingers crossed) and this will further help the price rise. I would never argue with anyone taking profit, as this can never be seen as a bad move, for me though this is a hold at the moment, my average is fairly low and whilst we will hit some ups and downs along the way I think £1.20 at some point around March is realistic. I then believe a further rise back to £1.80 later in the year is also well within reach.
Best of luck guys
I am holding tight to my entire holding at the moment, my average isn't as low as it was, but it is still low 48p or so, so I am not concerned if the price fluctuates a little. I am also still confident there is a good chance we will see the share price hit £1.20 before the end of March and I expect £1.80 before the end of the year, so I'm a hold at the moment, unless something significant happens to change my mind.
Good luck
Making profit in the last financial year is a bonus, most companies impacted by virus have no revenue, let alone profits. We are shooting for 200p imo, hold tight!
Always sensible to lock some profits in.
Adjusted profit before tax will be around £13.3m as we were told in the last trading update.
MCAP £236m seems high but as you know markets are forward looking, so the outlook is the go to paragraph for me. If I can hold my nerve till then.
Post results predictions?
I offloaded half at 79.5 yesterday. Still doing very well here though.
Let’s not forget that dividends are likely to be reinstated this year, hopefully in March.
84.8p to sell which was the most recent high.
Is £ possible come results?
Let’s how the accompanying outlook statement reads.
Looks like an attempt at the recent 84p high is on the cards.
Good momentum leading up to the finals in early March.
This one is for a bottom drawer, dont care about daily highs/lows. Not selling before it reaches 200p.
Hopefully we've turned the corner now, looking like a hold at 82p or so today.
I feel like one of the big boys is offloading at the moment
I would like to see us hold above 80p today and see where we go the rest of the week, if we can break the 80p barrier and hold I think we will begin to rise again....... hopefully!
Some nice chunky buys today, and a rise into the close.
Agree on not expecting a rocket rise, but as long as we get there we’ll be happy.
Results early March, so not too long to wait until the next update on trading.
https://twitter.com/surprised_trade/status/1351995117301858305
TU earlier today, in line with current outlook and all set for recovery going forward as economy opens up, not expecting rocket rise but steady progress and sp with it over coming months.....next target 105p+
I think it’s called patience. This stock has a habit of reacting slowly... but when it moves, it rockets.
The RNS was solid. Any investor who was expecting anything much more positive needs their head checked. Having read the RNS I haven’t seen a single thing which I didn’t already know from previous updates, other than improved numbers in Q4.
Does anybody have any thoughts on the rather muted response to yesterday's RNS? I wasn't necessarily expecting it to jump up to the 90's but thought that we'd be well set for establishing a new base in the mid-80s.
Will be 90p this week
Great results with well controlled risks, this should be 90p by end of the month.
The update reads extremely well to me, my only surprise is that we have not yet seen more of a rise. The company has made good inroads into reducing the debt and decent cash reserves have been conserved. I don't see what's not to like here! A slow steady rise is probably preferred anyway and our board is still as quiet as ever!
All the best guys
Great update. Happy with the improvement in Q4 and divi will propel this north in 21.
Should be in the 80’s this p.m.
Yes reads well.
Average profit before tax being £13.3m.
Not bad considering the year we’ve all had.
Stronger than expected Trading update and Dividend resumption soon, we are going back to normal so should the RPS share price as well!!
"As a result of the improving fee performance and proactive actions taken in 2020 to manage costs across the Group, draft Adjusted Profit Before Tax is currently expected to be in line with the average of analysts' forecasts"
This Wednesday 20th.
Price isn’t too far off recent highs, touching 84p on the bid.
If 4th quarter fee income matched or better still improved on 3rd quarter of £109m, then the share price should pass the recent highs.
A big ask with the extra lockdown restrictions but price strength makes me feel optimistic they have, not long to wait now.