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hopefully bodes well for tomorrow - not selling this one now - thought 75p was cheap.
Indeed ! Hopefully one of them will be Armitage going
Lower lows followed by lower lows. Next week should bring some interesting developments.
I had envisaged some sort of mini bounce/recovery from the mid 50s level, but here we are even lower (think a new low was hit yet again today). 51.75 close and every day seems to bring more of the same - not even a hint of blue for as long as I can recall. think sentiment totally nosedived after that last loss of contract when the price was in the low 70s, so basically another 30% off from there now. I think the CEO should go - presided over an enormous loss of shareholder value. two trading days until the results on the 7th. if there is yet more bad news then I envisage high 30s/low 40s, which would equate to another 20% knocked off from here. I wouldn't put it past Armitage to come out with yet more dire news/forecasts. IF there is some good news on the horizon then I see it bouncing back pretty sharply - 70/80 in the weeks post results potentially? the BoD inspire no confidence going forward though - surprised if the IIs haven't been agitating for change in the background.
In the last 6 weeks the share price has dropped from 130p to just over 50p. I am of the opinion that share price will recover to about 70p when results are announced on March 7th. Unless of course there is yet more bad news and if that is the case serious questions need to be asked about the Companies management .
delayed buy from Friday just popped up. maybe a rise into results on the 7th?!
You're on the left, right?
You are like a broken record. Stop clogging up the board with redundant comments. You are are just stating and repeating the obvious.
Is sheer purgatory
Ready for a Friday drop probably
At a UT at 52.75 today. Imagine they want to drop it a bit more still yet
Armitage needs to be sacked . Would hope the IIs are pressing for change at the top. No way any of the BoD can justify their salaries - performance has been woeful
All skeletons out ? There's an elephants graveyard of bones already on display - simply cannot believe there is anything else to take out of the cupboard. But this is SIV ... Not sure I believe their re-assurance about the companies financial position, but will find out in March.
I am leaning on this now being close to bottom, and think 52 from yesterday might be the low, so my entry price that was looking for at 44 may not be achieved. Have cautiously entered with half what was going to invest, and then other half for averaging down if necessary. But results on 7 March could be interesting as to whether there are any more skeletons, or if they have now all been put out there. GL all
Down again... Haha.
Yes, probably down again today - be comedic if it weren't so awful. The CEO should go - presided over massive destruction of shareholder value
Rsi7 now 5, massive oversell. Rsi14/21, %k williams all show oversell. Stochastics indicate turn signal. Technically, this must be at bottom, but I would not bet on it.
Was just a pause before the fall started again.... Feels like punishment sticking with this , but prepared to wait with an average in the 60s.
I have ever been in such an appalling performer as this share. Down over 3% currently - makes me wonder where they are taking this? Relentless drive downwards
Wonders never cease... Half a million of late reported trades just seen - not quite sure if buys or sells as can't see that far back . Still , in the price now and certainly positions being built/sold down either way. Technically massively oversold here.
Just been reading through the posts, not much is there? Easy investor you need to get your hand in your pocket & stop procrastinating. Have & will be buying again this week.
so far. plenty of buys reported as sells - eg. 54.75 - 55.25 spread - 54.99 is a buy, etc.
Unfortunately this company reminds me of the disastrous transformation of GEC into Marconi, and I have a bad feeling that there may be more bad news. Think I prefer Richard Clay & Co. to St Ives.
Now 6.21 - massively oversold - cannot recall seeing one this low before except prior to extremely bad news. What bad news is there left to come ?
How altruistic of you... Good luck with your 44p 'target'