Firering Strategic Minerals: From explorer to producer. Watch the video here.
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When the markets fell in March Stagecoach fell to 50p ish to reflect what the SP will be in 12-18 months time. Therefore the SP will fall way below this, but recover to this by next March.
you are undervaluing this company and share price.
they are a key infrastructure company, the moment things start moving they will be the ones involved in it.
secondly, the UK is stuck in a situation of limited foreign travel for 6 to 12 months, as such the amount of internal travel will vastly increase.
and thirdly, institional investment and funds will be looking for a "safe" place to store cash with a 5% to 10% "safe" return for the next few months, as such you will see lots of stagecoach shares bought by these organsiatons that can sit for a year to see a good return to their clients.
there has been a lot of tree shaking on this share the past few days, as the MM try and pick up what they can at current price because the moment the wind changes this could jump easily to 80p again in a couple of days
alot of tree shaking by the MM and traders today. looks like once the small holders and quick buck makers have been cleared out the price could start climbing up and a good sustainable fashion.
alot of upside on this share, even if it doubles it still will be a low price compared to pre market slump
just looking through the sales the past few days and you can see a lot of potential action from MM to shake the tree and keep the price low while they are buying up.
you only need to hold this share for a couple of weeks now to make some good money. cant really see the price going any lower, and north is the logical direction as now the country starts to get back to work and "Noraml life"
i'm hold for the long haul and reap the rewards
the Stage is set now. alot of low cost entry holders should have been cleared out over the past few days.
should hopefully rise and settle into the 70-80 range over the next few weeks, then start to raise again after the summer into end of year.
great stock to hold and leave for 6 months for potential big profits.
@dreamachine, i sold my holding in a few other things yesterday and loaded up on SC this morning.
I'm using SC as my "safe" bet, and have a large volume I plan to keep for in for a few months as will give a better return than any savings account and I believe in investing in the systems that will sort the rest of the economy to get moving.
we still have some uncertain times ahead, but any of the big companies that have survived to now are in a very strong position and can see potentially SC buying up companies that have fallen and consolidating into a big infrastructure service.