The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Who remembers May 3 years ago?
Likely still some II's drip selling down their holdings because of the M/C drop. But we know there are funds loading up on the other side so it's just a waiting game at the moment. Once the balance has shifted then it's game time. The longer it consolidates, the more violent the correction;)
I'm referring to her majesty's prediction of 20p or below. Smells of desperation!
Clearly someone is in desperate need of averaging down at 20p or below...I would also feel that pressure if I talked a "share club" into buying at 138p.
Don't want to give this eejit the attention it craves, but even if you accept the downside scenario of dropping to 20p (based on a random avatar's baseless deramping rant) and only accredit half the upside target, i.e. to 65p (based on a broker target of 100p), then you still have a decent 3,5:1 R/R from a 30p base.
Idiotic post.
Is it too much to ask to get these lazy f'cks to RNS this news?!
trades at 30.23 recently also buys showing as sells. Added another £2.5k
I only use it on mobile for my wife's ISA. Seems good to me, although don't trade in it very often. Fairly straight forward. Can't really comment on the executions vs. other platforms as I don't trade in it often, but generally haven't had issues with getting a quote.
Laks, could please you do me a favour and chart NCCL. Preferably a big bullish bat or something with ginormous targets;)
Looks like it's found support on the 200MA and have started bouncing.
No probs Laks. Regretfully I read that board today and instantly lost more brain cells.
Your are getting some love over there Laks
...darkness, my old friend
Could be moving day. Three inside up bullish reversal candle formation. Needs some volume.
It's okay, I get SHOUTED at by my wife and kids everyday so I've developed selective hearing, otherwise known as lazy ear.....similar to what you need when reading the BS on these boards.
Loving your charts by the way. I need to get a grip on the animal formations, haven't realty studied it much.
Hi Laks
Looks good, although have you seen the latest rumours on here and twitter? Seems someone has faked a takeover letter/notification and posted it on twitter. Never a dull day with this donkey.
It was part of the recent fund raise:
"The Company will use the proceeds of the Fundraising to pay a fee in two stages to GridX of US$390,000 (the "GridX Fee") allowing the Company to enter into definitive agreements to formalise the JV. The fee includes all costs to set up the JV and will secure an exclusivity period and right of first refusal over GridX's pipeline of C&I projects ("ROFR").
It is also intended that the funds will be used to fund the first project, currently estimated to be US$1.1m, with the balance of the Fundraising available for general working capital purposes."