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Marshall Wace LLP is shorting
Sold stan shares at 485p purchased sage at 579p.
Over the last 4 years shares have not remained under 580p for longer than one month.
Bargain
And someone's obviously shorting this down.
But at some point it will turn with a vengeance. The key question is where will the SP be when it turns...?
me too 581p..
Just bought in @ 580p. GLA
Unfortunately not Sage, but have a collection of interestly embossed certificates in frames etc..
In 1994 I remember getting a licence to develop sage 'sovereign' software for a bespoke application and have had sage in my 'bottom drawer' memory ever since ;-)
Pretty close to my target purchase price. Will sell my standard chartered shares(risen quite a bit)between 3-4pm and buy sage.Should be in the 570 range by then
You have the shares in a certificate form ?
NHS delivering vaccine within days according to the telegraph/ sky news. Army being drafted in to support. Wouldnt want to be short anything right now
Mine are safely tucked away in the bottom draw. Buy and forget..
Marshall Wace short increased 30 Nov to 0.8% so thats why we are seeing the SP drop imo
Dividend start of January (ex div).
CFO just bought and he's managing margin in 2021.. all good I think.
Marshall Wace short increased 23 Nov to 0.7% so we might be seeing them playing it for a day or two. Buy the dips imo.
really difficult to gauge price of this
at the lowest pointin March it went to 540 - now with improved outlook worldwide should be much much higher i think.
i think longer term its a much safe investment imho
Think its negatively correlated with the market. If ftse down, sage up and vice versa
Dont have a lot of faith in this at the current price. Market was soaring today and this went down ? More than likely the market will fall tommorow as traders book profits. Which means sage will fall to around 570 range.
I think you are in the right ballpark but it could go quite a bit lower yet. IMO SGE has been overvalued for the last few years so it would probably be a mistake to assume that the current price is at bargain basement levels. . I've seen SGE's fair value put at around £5.60 elsewhere which I think is in line with its long-term trend line. I'm buying on the drip because I think there is a risk of going in too heavily too early. I've done it before.
I also think that one of the reasons the the price has been hit is because investors are now switching out of tech into more obvious & and potentially more lucrative recovery plays now that an end to the pandemic is in sight.
No idea why you would thing 577
I did sell £12k yesterday at 608 and bought back today at 592 - if it got to 585 again I would be all over it, but dont see that happening
Sold this a few days ago for a small profit. May rebuy if it hits 577p tommorow. But a much smaller holding than previously. 300 shares maybe.
needs a buyout bid. anyone got 10 bob to spare
It WILL kick off at some point - think will buy some more......?
Got to be a solid play for the next 3 months right?
I think too many investors are chasing quick bucks to be interested in Sage at the moment. The quality here will show through, however. Could still recover quite well by Christmas.