Member Info for Archy147

Thank you for the responses guys, some well informed comments there.

I have a much better appreciation now as to why the sp has declined so much. But like Cane Toad, struggle to believe they can really be in a worse position now than the depths of the financial crisis.

Some positive movement today which is welcome change. A definite hold for me.

Can someone please explain to me what's going on here?! Is this company on the brink of collapse or its is the biggest bargain of the FTFSE?!

Looking at the long term price chart, the price now is around the levels it was at the depth of the financial crisis in 2008. Are things REALLY that bad here now?

Reading the last piece of news on here:
Nicolas Breteau, the company's chief executive, said: "TP Icap capitalised on improved operating conditions during the third quarter compared with the same period last year, due to increased volatility and higher secondary trading volumes. This resulted in revenue growth across all our divisions, with particular strength in energy and commodities.

"These favourable trends continued through October 2021 and we continue to anticipate full-year revenue for the group, excluding Liquidnet, to be broadly in line with 2020 on a constant currency basis."

That doesn't SOUND to me to be worthy of a price as bad as 2008 when everyone was panicking that the finance world was going to ****. So what's going on, are TCAPS prospects worse now than they were at the depth of the financial crisis, or is this actually a huge value buying opportunity?!

I got out of this crock of **** today.

Thanks very much to the BOD who got the share suspended for a month, preventing anyone selling before the market crash last week. Lost a further 10% from the last closing price thanks to their ineptitude. Thanks for nothing INCE.

Seriously. Why do you guys do it?

Share price pre-covid (21 Feb 202): 327p
Share price now: 191p

Has COVID dramatically worsened the prospects of Boohoo and online retailers generally?

End of argument. You’re welcome :)

Got to be happy with this news. Acquisition secured and rarely see a placing that isn’t at a big discount to current price.

107p now provides a solid foundation for future growth. I’d say the FTSE’s best recovery play just got even better! Be patient folks, this is going to multi bag.

Lol Personally I think ODonnell has enlightened us with his genius strategy to “buy at the bottom and sell at the top” .

George Soros, Warren Buffet , eat your hearts out. Those guys never thought of that.

I’m implementing it myself here. The last time FSJ was under 400p was in the aftermath of the financial crisis in 2009. So, pretty confident any buys around the current price are “buying at the bottom” with substantial gains likely in the months/years to come.

ODONNELL if you could kindly let me know when it has reached the top, I’ll then implement the 2nd part of your strategy. Thank you in advance :).

I'm not sure if the fall here is justified or not, but generally I'm wary of stocks that have shot past their pre-covid price. Have things really got that much better for any company (with a few exceptions obviously) in the last 20 months?

The price here BC was just under 40p so the current price feels about right. I was in, but am now out, I think there are better opportunities elsewhere (Notably Bohoo and Asos, which bizzarely are below pre-covid prices despite the pandemic accelerating the trend towards online).

I wouldn't get too hung up on what Marshall Wace are doing. They are one institutional player who are 1.5% short (as they are against many UK stocks), this compares to numerous which are much heavier weighted long:

Bestseller A/S (DK) 26.02%
T. Rowe Price Group 14.12%
Camelot Capital Partners LLC (US) 6.01%
Capital Group Companies, Inc. 5.87%
Baillie Gifford & Co Ltd (SC) 5.35%
Abrdn Plc 3.99%
Robertson N J 3.34%

I wouldn't get too hung up on what Marshall Wace are doing. They are one institutional player who are 1.5% short (as they are against many UK stocks), this compares to numerous which are much heavier weighted long:

Bestseller A/S (DK) 26.02%
T. Rowe Price Group 14.12%
Camelot Capital Partners LLC (US) 6,002,332 6.01%
Capital Group Companies, Inc. 5.87%
Baillie Gifford & Co Ltd (SC) 5.35%
Abrdn Plc 3.99%
Robertson N J 3.34%

Well I’m another who’s pretty cheesed off here.

First they make a deal which we were misled about just a few weeks ago.
Then the market gives it verdict on the deal: -10%
Then we lose the ability to trade shares immediately afterwards.

On my trading platform, the value of my INCE investment swings between:
AFTER HOURS -10% representing the last recorded movement,
TRADING HOURS -100% showing my shares are currently valueless as I can’t trade them.

Not good for the soul.

It stinks, it really does. The best thing you can say about this debacle is management have been incompetent. And that’s the BEST thing! . It completely undermines any confidence in the company and, more specifically, it’s managment.

Oracle - HYVE is another good company I can think of trading on less than 1/4 of pre-COVID price. I’d argue they’re an even better recovery play than FSJ !

Been watching this for a while. It seems to have found support around the 400p level.

Encouraged by the recent Director buy @ 419p and also the fact its trading at just 25% of the pre-covid price. A recovery if it comes could be spectacular! Just bought in @ 403p

That’s good point on the name.

The fact that ENET could indeed be “too good to be true” has crossed my mind, as has the possibility that it will all come crashing down followed by a declaration by TL along the lines of ”I’m Tracy and I lied….what did you expect?!?”

I‘m invested heavily here as I don’t believe those things, but when one has a sizeable amount of money at stake you have to considers all possibilities. It would be foolish not to IMO.

I’m still here.

There hasn’t exactly been much to get excited about here. Still firmly believe patience will pay off though..I reckon this will be £3+ in 2023.

One thing these trolls do achieve is a deflection away from any kind of reasoned discussion about BOO and its prospects.

I recently re-joined the BOO investor ranks but trying to glean anything from this board is nigh on impossible thanks to the stream of drivel from the trolls, unwittingly assisted by the queue of posters willing to feed them. Better off going to Motley fool, which I don't rate, but at least you can get a summary of the investment case without all the nonsense there.

What a beautiful start to the week!

Have just sold my entire holding at a +104% gain from original investment.

Happy to take 148p now instead of waiting around waiting around for an extra 1p when the deal completes. Happy Days for UAI holders :)

Thank you very much for the response Tracylied, much appreciated

I’m relatively new here, with an average buying price of 37p. After the rise, it’s comfortably the largest holding in my portfolio.

At this point in time, I don’t care how high it goes, I’m not remotely interested in top slicing. That can come when the price is into triple figures. Even then, I’d only really consider selling if I saw some reason to raise question marks.. At present it’s difficult to see any good arguments for the bear case at all.

I guess the only slight dent in the bull case at the moment is why are 5G bailing if this is such a good thing (Any thoughts welcome). notwithstanding , the risk/reward ratio looks extremely appealing .

Thanks for the responses icepick (bro lol)

Yeah I've made the same decision...for now anyway! I would kick myself if it were to slide back from the current 48p buy price and I agree about not being too greedy.

Hmm so I made my mind up over the weekend, this was too good a bet so I was going to top up further, despite already being overweight in ENET.

Have been sitting here all morning hoping for a dip so I can hit the "buy" button but instead it just keeps on going up!!

Mentally, I was prepared to buy at 44p this morning but that disappeared sharpish. Almost took 46.5p instead but even that has gone now (for today anyway). I want more, but paying 10% above what i bargained for grates. Also have seen it so may time before, big rises get sold into and prices drop back again.

What to do?