Member Info for AlexTrader0

Just Crazy Oversold here, now upside potential by far outweighs any downside risks via any angle.

“Based on 4 Wall Street analysts offering 12 month price targets for Bytes Technology Group Plc in the last 3 months. The average price target is 553.33p with a high forecast of 585.00p and a low forecast of 500.00p. The average price target represents a 7.97% change from the last price of 512.50p.”

https://www.tipranks.com/stocks/gb:byit/forecast

Typically, once the big boys are done buying (as they seem to be here today), MMs will allow the share price to rise during the afternoon into the close, with all the large buying here today, I can see a very nice afternoon rally into the close.

Another unique market provided buying opportunity here, it won’t last long.

Bank of England chief sees downward interest rate trend as UK hunts for growth

https://www.cnbc.com/amp/2025/07/01/bank-of-england-boss-sees-interest-rates-trending-downwards.html

Looks like someone(s) is taking advantage of this extreme lowball share price and is slowly and very smartly loading up here at the moment.

B&M pessimism is overdone, says Peel Hunt

B&M (BME) shares reflect continued bad news that Peel Hunt is not convinced will arrive.

Analyst Jonathan Pritchard retained his ‘buy’ recommendation and target price of 500p on the Citywire Elite Companies AA-rated discount retailer.

Prelims were ‘as expected’ and earnings of £620m and 33.5p earnings per share were ‘fine’, said Pritchard.

While there was no trading update nor a forecasting range set, Pritchard had ‘no doubt that with the weather so helpful, like-for-like is very nicely in positive territory’.

‘There is still much to prove here, but the chief executive inherits a fine business model and a growth machine that has just missed a few beats recently,’ he said.

Overall, Pritchard was optimistic about the stock despite the shares ‘reflecting continued bad news’.

‘We do not think this will emerge: quite the opposite in fact, and while we do not change our numbers, we think that the risk to forecasts and the multiple is to the upside.’

https://citywire.com/funds-insider/news/expert-view-b-and-m-big-technologies-serco-paragon-banking-zegona/a2467221

Berenberg Bank set a price target of 590 pence for B&M European Value Retail. This target was established after Berenberg analysts lowered their previous target of 630p. The price target revision came as they noted a number of near-term catalysts for the discount retailer. B&M's shares have also experienced a significant valuation decrease, trading at a price-to-earnings ratio of around 8x, down from approximately 15x, according to Sharecast.com.

Berenberg maintains a "buy" rating on B&M European Value Retail despite the lowered price target. The new price target of 590p represents a potential upside from the current market price, according to TipRanks. The average price target from all analysts covering the stock is 413.20p, with a high of 590.00p and a low of 281.00p.

The price target of 590p is based on a number of factors, including the company's current trading performance, its growth potential, and the overall market conditions. Berenberg believes that B&M is well-positioned to benefit from the current economic environment, particularly the trend towards value-oriented retail. The analysts also see potential for B&M to expand its store network and further develop its online presence, which could drive future growth.

Again, some truly massive Buy orders going through at this very moment, slowly but surely, someone(s) are clearly taking advantage of these ultra low SP here and are loading up big time, expecting an RNS early next week before ex-dividend date.

“Based on 10 Wall Street analysts offering 12 month price targets for B&M European Value Retail SA in the last 3 months. The average price target is 413.20p with a high forecast of 590.00p and a low forecast of 281.00p. The average price target represents a 51.36% change from the last price of 273.00p.”

https://www.tipranks.com/stocks/gb:bme/forecast

Regardless of the dangers of an unfortunate war and it’s potential for spreading lot further, HBR was already very much undervalued here with one of the lowest O&G PEs around (and additionally an inflationary hedge), now with all that’s going on globally, who would want to be Short O&G going in to the weekend and beyond, so best place to be is HBR by long way!

Post from ADVFN today:

cashisking766 Jun '25 - 09:43 - 5471 of 5471

0 8 0

Noticing a few pretty large buys going through here quietly today which makes sense, as I wouldn’t want to be caught without an O&G hedge over the weekend, especially with all the ongoing geopolitics, Oil is looking very cheap at the moment.

B&M pessimism is overdone, says Peel Hunt

B&M (BME) shares reflect continued bad news that Peel Hunt is not convinced will arrive.

Analyst Jonathan Pritchard retained his ‘buy’ recommendation and target price of 500p on the Citywire Elite Companies AA-rated discount retailer, which closed down 14.7% at 283p on Wednesday.

Prelims were ‘as expected’ and earnings of £620m and 33.5p earnings per share were ‘fine’, said Pritchard.

While there was no trading update nor a forecasting range set, Pritchard had ‘no doubt that with the weather so helpful, like-for-like is very nicely in positive territory’.

‘There is still much to prove here, but the chief executive inherits a fine business model and a growth machine that has just missed a few beats recently,’ he said.

Overall, Pritchard was optimistic about the stock despite the shares ‘reflecting continued bad news’.

‘We do not think this will emerge: quite the opposite in fact, and while we do not change our numbers, we think that the risk to forecasts and the multiple is to the upside.’

https://citywire.com/funds-insider/news/expert-view-b-and-m-big-technologies-serco-paragon-banking-zegona/a2467221

I never like it when results are released on a Friday, usually not a positive sign, let’s see!

Topped up nice and early here, and expecting an afternoon rally as a start, BME is now clearly one of the most Oversold/Undervalued UK shares trading and paying a decent dividend, GLA!

Actually, here is as usual, doing a kitchen sink update here just before the new CEO is about to start this month which will please him behind the scenes while he obtains much better stock options once he commences!

Wrong board, my apologies!

Upside Potential here now by far exceeds any downside risks in my opinion, clearly way too Oversold and Undervalued at the moment, catalyst will come with new CEO arrival this very month, and in the meantime nice dividends with sp also going ex-dividend this very month, DYOR!

Upside Potential here now by far exceeds any downside risks in my opinion, clearly way too Oversold and Undervalued at the moment, catalyst will come with new CEO arrival this very month, and in the meantime nice dividends with sp also going ex-dividend this very month, DYOR!

Upside Potential here now by far exceeds any downside risks in my opinion, clearly way too Oversold at the moment, catalyst will come as we close in on half year results (17 July).