Member Info for 2reincarnated

When the markets fell in March Stagecoach fell to 50p ish to reflect what the SP will be in 12-18 months time. Therefore the SP will fall way below this, but recover to this by next March.

The recession will hit it good and proper.

I think you can buy residential property in a SIPP, but it is subject to 55 % tax?

Trenners quality post mate. The bottom line is the "dow dictates" and we have to ask ourselves is the Dow going up or down? If up then it would indicate everything is ok with the US economy and they have no issues going forward. Not difficult to see why most think the DOW is headed down and some talk about a crash.

I agree with the fundamentals you outline. However, am concerned deeply by the effect of the US markets taking a " reality check" which could result in massive falls on the LSE, for which SIG is "insured" because it is a takeover target.

Never say never!!

Would not be in the least bit surprised as it was widely believed that the Dow Jones would have a " double bottom" in other words it would appear to drop to a level we saw in March, then recover and then drop back again to a lower level than we saw in March. I 'm afraid that if Stagecoach is already at where the Dow crashed to in March ish, where will further falls take it down to ?

Do we have an idea when this will hit £1. I'm sure we're all agreed on " when not if"

As a " rule of thumb" half this and this is the value to which the SP will fall before doubling.

16.35 is more like what the bottom for lloyds might be before it doubles within 6 months.

By having a SP consolidation. The bad news is a Rights Issue to follow.

As for a takeover " change the record it's scratched."

i suppose what we will take from this affair is " the harder you recover, the harder you fall back" my goodness, how in god's name did it get back above 2 quid so quickly?

How on earth could you buy a share in a company that fell below 20p when you know the markets are headed down? Have you never heard the term " wait on the sidelines"

can you please provide us with an explanation as to why the markets are falling today?

Did it go that low in 2009? do you know what the lowest point ever was?

Just read some Batfasted's posts. On the subject I agree with you Trenners, however I would buy Saga at 4p because I feel it will eventually hit 30p.

Nothing wrong with the posts on this BB. You think your some kind of expert and if you were you would not be posting on this BB. The SP dropped in line with the wider market, driven by market sentiment and the fall on the Dow.
If you don't like the posts on this BB, clear off please!!

This is going down ? End of story.

Agree this will re rate, but it fell to 45p for a reason. That reason is, 45p represents the recovery price from a new low. That low could be as low as 20p!!!