We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
KSH - what if I did have a short? its neither here nor there. short selling doesnt drive share price decline. it just profits from it.
but whether you want to sell short or buy long my message stands. I am sorry to hear of your suspicions that you belive I am misrepresentaing my postition. readers will decide.
oceanpassage - you really do spend a lot of time commenting/researching something you don't have a vested interest in... Hmmmm... I've seen this before on other boards and 9/10 this isn't someone 'saving' the world from an investment mistake; it's someone working with a short agenda. Say hi to your pay-masters from us TED holders.
@Knowbody - ref valuation I would say the following:
- in a large % of peoples mind TED is still worth 80p-100p based on historic valuations, some may even perceive this as a discounted share price as compared to Q4 2019 value at 400p. in my view this is a mistaken understanding.
- I believe a large number of people do not understand the number of new shares issued and what the rights issues valuation means. the reasons reasons the rights issue was at 75p is that is belive it was the most that the stock could be priced at to sell to institutional and retail investers. When this valuation was appraised a share price period was considered with reference to an average price in that period taking into account newly added shares, as is standard. This would make the 75p fair market price as a clear valuation for the period of time valued.
- Going forward retail foot-fall of TED will be severely impacted by covid and sales will fall. after goingt through recent anounced sales updatesfrom Ted Baker versus previous trading periods I estimate a 25% decline on sales, it could be worse.
- So if fair market value at the start of the pandemic is 75p and we discount performance and value by 25% thats 56p.
An evaluation on macros. I believe another use called scrap value of the company as 56p as well. but i do not know how they estimated that.
too many people have in in their head that this will rally to 80p sometime. those days are long gone. the market has changed.
"Oceanpassage you spend a lot of time de-ramping TED. Do you hold a short position on this or are you a suffering long?
It's odd to say the least.
Perhaps he/she is the alter ego of our good friend downbutnotout?!
I'd take more notice of the posts if they were well reasoned and supported by numbers. It's all very well to say 56p (which might be right), but it would be useful to know how you came to this as a fair value price for TED?
What numbers is the price based on?
Fair question KSH. I used to hold but have sold to reduce risk and loss. I do not have a short position on this and at this stage wouldn't consider that at the time horizon on the short position may be too expensive to keep open. Also this is a FTSE stock it's not possible to ramp or de-ramp. That only is effective in volatile micro-cap stocks. But it's a cool word to use I guess.
Oceanpassage you spend a lot of time de-ramping TED. Do you hold a short position on this or are you a suffering long?
With a strong brand and a sold old off stock price. Is now the time to buy!
The company is worth 75p a share based on the trading range appraised and volume of new shares issued. Going forward sales will be down 25% as a good estimate. Making new fair value 56p. This would in no way represent a discounted share value.
So personally I wouldn't buy TED right now. A lot of dog **** performance to be announced in the next 6 months. I would say TED continues to trade at a premium to underlying value.
Can’t believe my eyes...TED actually finished in the green.
make up*
still alot of ground to make it but that was a serious bounce off the 60p level today.
Thought as much.
Though again, I wouldn't get ahead of oneself ...see what tomorrow brings.
What do you think JAdam (if you're around)?
67p yes sir!!!!!!!!!!
Wait for the UT
not too shabby. buys at 64.95p into the close. nicely off the bottom. a big bullish Doji.
MMs taking the michael. just offered me 63.77 to sell. no thank you!!
always good to close on a high. BIG push now TED!!
new uptrend wahoooooooo
64.80p paid AT trade.
slowly slowly catchy monkey. 34,700 buy at 64.4p just spotted. nice.
SP put in a bullish move today. its trading higher now than in the morning.
Cloudy don't mind him he's the resident cheer leader , nothing to take seriously
its based on TA. but we need to get a good kick up. ideally get to 69p. then wooosh higher.
still a few weak lingering to shake off. some big sells at 64p. so rise unlikely to happen today. i'd be happy with 71p close though.
“...comes across as wishful thinking”.
@downbutnotout, why do you think that the high 70s are possible today?
If you mean “It’ll bounce sometime” then I agree with you but anyone can say that - no one knows when it’ll bounce, or to what level. Saying that the answer to both is “today” and “high 70s” comes across wishful thinking.
The next question is whether the bounce will be part of the general trend down or the start of a reversal.