Member Info for AndItsGone

Kallu i'm genuinely impressed with your call on this and boohoo, youve been spot on. Selling is relentless.
I'm running on fumes with this share, im down shed loads. cant even get a spike to sell some into.
Id say im now stranded into a very, very long term hold with the constant prospect of complete capitulation. Fed up with management, some even selling their shares at this level. At the minute the whole show seems about as credible as ten downing street.

Decent advice HH

I would with the SP at 1.30

Been desperate for an upswing to ditch these. Looks like ones incoming. Absolutely haemorrhaged cash ever since I bought them. Now I'm thinking maybe I'll just half them. There's a good business here, but the city despises this company and management hardly make it any better.

I used the same buy logic at 250, 200 and 150.
At least 120 seems to be holding, for now. I presume at some point MM will just take this all back for 2 pounds which should offer some sort of floor, I hope.

Have to agree Goldy.
To lose 85% of your value in just a year, I'm not sure the average person in the street could have done any worse than this board. The city saw what was going on far earlier, I should have listened. Was arrogance to think I knew better than Blackrock.
Was hoping for a small bounce to try and exit. Hope 130 wasn't it :/

well done to the guys that called this, can think of Kallumama. Your call was spot on, and i got this completely wrong. Thought £2 was decent value. Hopefully ill get to sell these into a mini - bounce, although the sell off has been utterly relentless for months. Think the lesson for the short term is unprofitable companies; you don't want to be anywhere near these with inflation ratcheting up.
As a side comment, so disanointed with management. Getting your mum to make phone calls, conspiracy theories and not giving the city the information it needs over ingenuity and spin offs..it just destroys shareholders. Cant believe how badly managed this all is

Good grief. This goes down every single day for a year,over 80% now. My stubbornness has cost me a lot of money. If I'm squeezed much further I'll bail. That should probably see it start to rise....

Gone sailing past the march 2020 lows, when the world was going to end. I never thought it would get even close to this price.

Suprised it's down here. I've bought as many as I can. It's never going to blow the doors off, but a defensive recovery play,i think it's great value at this point.
I just can't see it going that much lower, and if it does, then I really think somebody will take them out.

I've got to join you guys at this price, this is just starting to get silly now

It's an uncrossing trade

For people who are underwater it probably is worth focusing on that the revenue is merely delayed not lost.
Many companies are having supply chain issues.
I'm nearly 10% down. Not overly worried. I'm not talented enough to pick the bottom, but I would presume we are somewhere close. Fundamentals are starting to look quite strong at this price point, it will not be allowed to go much lower imho.
Sadly there will be some selling pressure from tracker funds.

Looks decent value for me at this level so decided to join you guys. Imho I think it's approaching oversold/overreaction levels. Update said many of their issues are likely temporary in nature.
Ive got Fy22 pe approx 19, peg approx 0.4. Not outrageous. A low base, but dividends growing at a decent pace and well covered. Most of what I've read indicates a quality company with a reasonable moat to their products.
However if it stays here for any length of time, it's at risk of being booted out the ftse 250, and all the tracker funds selling out which concerns me a little.

Oh i didn't say it before the uptick, apologies owls you were correct!

Slightly harsh owls.
Not exactly hindsight when I'm invested and make the statement before the uptick . The statement, at least currently, was correct. 2.80 was oversold.
Mid 3s is closer to fair value in my view, hope to see it move closer to that over the summer.

It was fairly obvious this share had become oversold, nice to see this tick back up a little.

This seems to be getting over done now, it's very good value at these levels. Really should be mid 3s some point this year, barring some extreme vaccine dodging variant.

Agree with shadowfall.
It depends how you measure success. If you look at the cards they were dealt last year, then I'm not sure how many could have done that much better.
The asset disposal is not easy. It's really not a buyers market, we need a good price and they are having national governments veto their efforts.
I think reserve judgement on their ability for a couple years yet.

Almost certainly the government would not allow this to be taken over on national security grounds due to it's nuclear defence work.
If your hoping for a private takeover the best you could hope for is aerospace being broken up, and the nuclear/defence section being hived off to BAE. I'd say that's highly unlikely.
Much more likely in my opinion is a slow lumpy recovery back to £2.
But i do keep an eye on this share. it's success is not in its own hands, we are relying on governments not to keep us locked up all year.