Member Info for ahha

Just look at the charts!!! Brent crude is now back to Oct 2018 levels at $80+ the price of BP. back then was £5.95 a share!!!!! If the oil price is sustained as we enter into the winter months.......these shares have MUCH further to go.....its a no brainer!!!

Thank you for the very helpful and positive feedback about Vodaphone. Someone asked me why I thought the P/E was high, well on this board it says the P/E RATIO is 366. That sounds very high to me! But other writers on this chat site put it at something very reasonable around 11.5.......obviously the information on this site is a bit misleading. Knowing why, will help me with future investments as I have been influenced by these figures in the past.

Can someone please explain why people think that this share is cheap and below its real value. It has a huge p/e ratio and although the dividend is tempting, I think the price of this share could go lower. Also, the record of director buying/selling is not particularly impressive.

I also agree that it is encouraging to see more director buying. It might be worth buying a few more on the strength of their confidence in the company.

Yes, there have been improvements and their is some hope that next year's figures will be better. But I am relieved that I only bought 5000 rather than 50,000 after the fall back from 70p!

I know how these markets operate as of old. Expectations are built up based on speculation and the value of the share overshoots,......everyone expects stellar results and after they are published the price falls back. Often the price falls even when the results are even better than the ones we have just been given. I'm holding my horses on this one for a while.

Ahha returns! I took profits at 68p but got back in at 53p! My timing could not be better! I'm hyper cautious because I have got my fingers burnt over the last 40 years by being too greedy. But all things considered, I think it is probably better to be in this share than out before the results are announced. I'm back in at a reduced level.......I may live to regret that, but at least I will make something if they shoot back to 70p. And if they shock everyone by falling on good results ( yes, that sometimes happens) at least I will not lose all the profits previously made. In any event, these shares seem to have turned a corner and I sincerely wish prosperity to to all my fellow share holders!

Yes I agree, CARD could well go to £1.50, especially when you compare it to the price of Moonpig! But I do wish that some of had followed my advice about CARCLO I think I suggested buying at around 26-30p this morning they touched 70p and I still think there is further to go. They are making the plastics for the Covid freeflow tests worldwide and could make huge profits!!!

If they have such confidence in the company, that seems rather strange to me!

IF these shares can get to 75p, I think there will be a fall back and a period of consolidation. This could be another buying opportunity. Then, depending on news flow and the meeting of market expectations AND GENERAL MARKET CONDITIONS, £I. 50p is a possibility. If one can bear the pain of ups and downs, this could be a great long term hold.

Yes I was wrong on the takeover speculation....I cannot be right all the time! However, I am very glad indeed that I was wrong! I would agree with you, that this company is in a turn around phase and could be quite a sensational investment. I still hold a significant number of these shares, having taken a nice profit, so I am no complaining.

I have been in management situations like this before and your thinking in this matter concurs exactly with my own. I think Gary Channon has been very tenacious and courageous to stand up to the lot of them. Of course now they will want him to fail and would love to see egg on his face. I wish him all the luck in the world. The plain and simple truth is, that it is good news the "cumbersome and retrograde" directors have been banished and the company can move forward with fresh vision!

Spot on! I have been in management situations like this before and your thinking in this matter concurs exactly with my own. I think Gary Channon has been very tenacious and courageous to stand up to the lot of them. Of course now they will want him to fail and would love to see egg on his face. I wish him all the luck in the world. The plain and simple truth is, that it is good news the "cumbersome and retrograde" directors have been banished and the company can move forward with fresh vision!

Bridgedogg, maybe that question would be best answered by the writer of the latest Investor's Chronical article, dated the 22nd of April 2021
https://www.investorschronicle.co.uk/news/2021/04/22/fighting-at-funerals/

Back in 2008 and subsequent years, I remember watching this share as a potential investment. It was solid but boring. It paid a very low dividend and seemed to stay for years within a very narrow price range, before eventually moving from £7 to £25!! However, by this time, I had lost interest, as I could not find a suitable entry point. So I never saw those lofty days of profit. Fortunately, today, we have an opportunity to get into these shares at a reasonable price and with the prospect of new new management. I believe that Pheonix do not see failure as an option! They will get value out of this company by "hell or high water" and I have absolute confidence in that. I cannot emphasize the huge difference the change of leadership will have.....from a company just to plod on in the same tired old ways, to one that is clearly focused on success!!

How much longer are we having to wait for the news of the Arbitration settlement? It must be getting close by now! What is so frustrating about this company is that there is zero news flow!!

If we hold at these levels and with continuous positive news flow about profits, I can see 65-70p as the next target for these shares. I wish to express my thanks and congratulations to the Directors and employees for having turned this company around. Keep up the good work!

Johnnyboy999, the answer to your question about shorting BP is an emphatic NO! I hold 30,000 shares, but I am furious that one of my other shares.....Carclo, to be precise, put on a 12.5% gain on the same day. If only I had followed my instinct and put all my money into Carclo. By comparison BP was a huge disappointment. Having said this, I half expected the lacklustre performance. I was very much wary of all the hype from fellow shareholders on this site. Much better I think to invest in shares with a lower profile. I have made a lot of money on Dignity, Card and Carclo. Now, I've taken a profit, but still retained shares in these companies as I still see a bit more growth potential.

I just knew that these shares would disappoint on results day! A sure sign is when everyone starts counting their chickens and predicting possible prices and there is general positivity as to where the price is going. What people forget every single time is that although results do matter, in another way they don't! While people feel confident about a share others are waiting in the wings to cream off the profit. Shares can be rock solid statistically, and that is precisely when the big boys come in and top slice! I'm actually getting quite worried now.......because when shares stop rising on the publication of good news, its a sure sign of a market top. Yes, for sure these shares are a lot better value than some and maybe some day they will go back to £4.00. But I would not count on that, before they drop back again to around £2.50

What a pity most of you ignored my tip for Carclo! I think I recommended it at .26p today it has shot to 39p. This share, together with Card bought at 45p has made me a pretty penny.

Unlike retail investors, the institutions take much longer before they get around to buying. But word must be out that these shares are a snip at this price. I'm surprised more people are not buying today. They may not be so cheap again!