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My average is higher than the current SP so will top up if it goes below 40p, otherwise I’m quite happy with my current holdings to be honest
Hopefully this time next year if the SP will be over 100p again provided we get a working covid vaccine and the company doesn’t need to raise any funds with share dilution
GL
Looking that way, neon. Still a quality company so I will have no qualms about buying at 40p. Maybe only invest half my intended lump though in case it goes lower.
and guess what, Sandbar did exactly what I thought they will do, shorts up another .10% to 1.23% and playing with it on daily basis I guess, expect it to rise further in coming days as covid starts spreading more and media does what it normally does, spread fears more and more
chasbrown, you will get your buy in price mate IMO
GLA
Fair point
To be fair they have only reduced slightly, not dumped. Probably forced by small print in the way the funds are run.
Regrettably I have to agree with u even though I hope it’s doesn’t go that low but with the current covid spike and banking scandal, u might get ur buy in price.
I’m surprised that black rock decided to ditch snr now just after L&G. Surely current SP is awfully low considering the company and it’s business
Approaching buy in price. Now looking to buy at 40 pence. Good company currently in a bad place but recovery will come.
I was dead right about sandbar’s short lolz
They have increased their shorts again and I’m sure today they increased it even further
I wanted to top up but resisted the temptation and now this. I'm having a bad feeling about it. I know SNR is way oversold and I'm still holding my stake but God knows where this second wave will take us. Dow is now 800 points down, feels like March all over again. :(
GLA
Neon, good summary.
Covid is here for good (or at least its legacy) and businesses are adapting for that - imo a bit too extreme but that’s another story - and I feel Senior are on the top of the curve for adaption.
I think SNR SP is following RR and IAG at present but will soon reveal itself as a ‘not a one man band’ outfit.
Just my thoughts.
Jax05
Good plan! Guess what, sandbar increased their shorts on 16th to 1.27% only to reduce it to 1.08% today, just a day after, really bizarre!
Today’s fall might have been caused by the MMs, who knows may be sandbar took this opportunity to reduce their shorts further or may have increased it again, we will find out soon.
SNR has fallen a lot and I’m sure a lot is already priced in. Anything positive will force the SP to go significantly higher! Most of the directors bought really big chunks recently, even Andrew Bodenham, the most sceptical director in my view lol
Covid is still here but the world is way more closer to find a vaccine that it was back in March. I think SNR will spike massively with a potential vaccine trial success news alone so good luck :)
Regards
neon
I’m loading up at every opportunity. I really do believe SNR will come through stronger.
That’s the plan anyway.
lol
it's shorters paradise now but SNR will be back sooner or later IMHO
GLA
I missed 11th sept’s RNS so didn’t realised he purchased nearly £25K worth stock. I noticed this guy always sold before any solid fall and purchased before any solid rise so was that a signal? I know aerospace business is like a dead squid at the moment but during the AGM video they did mention about other businesses picking up by Dec so all those big directors is clearly telling a story
GL
Glad to see some action on this one albeit negative.
Been in here for a few months with small stake in the 000's
Strange move from L & G.
sandar increased their shorts further thats why the SP fell on Tuesday.
Went over 3% last month (24th aug) and now going below 3% again.
Anyone long term here? I’m seeing Senior as a great recovery play but patience is key. When aerospace starts moving Senior seems well placed and a trusted company to continue to provide its services. The big Q is when - my guess is mid 2021.
We haven’t gone anywhere Hasiba! Shorts have gone up, 1.5% but the SP is holding nicely :)
GLA
Bought in a few days ago at just under 50 to hold as a long term recovery play.
Looks like I timed my buy well - hoping for a nice steady rise from here :))
Morning guys...it seems the MMs have successful tree shaking and many loose holders sold and vanished but where are the strong holders..
SNR is creeping up nicely and I have increased my holdings lately as this share is another great recovery story to be..
GL holders
Slight increase in holding, take that as a positive.
https://www.bbc.co.uk/news/business-53868447
Bought their packages several times in those good old days, sad to see them go :(
Where is that bloody vaccine ????