2000th post! - gosh!.12 Mar 2015 22:41
I have spent some time this evening trying to work out why the share price is so weak right now. I have read through, as best I can, the last set of results. There are a few uncertainties within it if you look through it. I wonder how much the share price may be being affected by the uncertainty of the upcoming general election and any perceived spending cuts?.
The last few years has seen a trading update during the last week of March or near to it. Hopefully we will get an update this year which will give a clearer picture as to how things are going/have gone. With some luck by then the share price will be North of where it is now. I review what I will do with my holdings at that time and decide what to do, unless something drastic happens in the meantime!.
An encouraging aspect is that Schroders increased their holding to just over 20% in early February. I would sincerely hope that they would not be increasing their holdings unless they were confident of the companys prospects.
OS - thanks for your post. Tangible Net Worth............not a lot wiser. How is that worked out please anyone?, and what exactly does it mean?.
Regards
CM