Member Info for Archy147

Have you been reading the same report I have?

Was that actually an up day for TMG, or are my eyes deceiving me?

Not denying it got to a frothy valuation before. The market maybe got a bit over-excited by the growth story.

To put a more sensible valuation on it, consider that EPS averaged about 20p for the 3 years before covid. Put it on a more conservative PE of 14 and you get a valuation of £2.80. That looks like a decent target for starters. Could easily get past £3 again with a pick up in sentiment.

An Outstanding RNS, wish I had topped up more down when it sank to 210p.

Not only are the current events not bad for LGEN, they state that higher interest rates are actually good news. This is a very strong buy.

Thanks Todd. Must admit I am sceptical about whether continuing to hold here is a good idea.

Are there any stocks you're long on?

I always look at the level of short interest before buying a share, and have steered well clear of EZJ and IAG because they both have substantial declared shorts over 0.5% (they have over 4% and 5% respectively). I therefore share the distrust of those shares.

But TUI has zero shorts over that threshold, which is what helped entice me in. Does that not make them a safer bet than the other two? Or are there shorters lurking just below the threshold does anyone know?

Todd, since joining lse on 29 June, every post of yours has involved bashing (mainly) EZJ, IAG and TUI.

I don't mind seeing negative comments posted, I think its healthy to see a balance of opinions. But you don't appear to invest in anything yourself, and seemingly only want to see these travel-related stocks go down. May I ask why do you post here? Are you a shorter, or hoping to buy in at lower prices?

Genuinely interested to understand your motivations for signing up 3 months ago, if you are candid enough to explain.

The price here looks like a good long term entry point. Hoping to feast on the dividends and capital appreciation over the the months and years ahead.

Agreed, I don't know why these fookers are allowed to get away with it

I've taken a position here today. I do believe the housing market is long overdue a correction, but still expect house prices to stay well ahead of where they were in 2014, which is when PSN was last valued at such depths.

So, an 8-year low is good enough for me. I note it was also good enough for GLG to close their short (or at least go under (0.5%) on the 27th. Hopefully will turn out to be a great long term hold.

No denying it's tough out there.

However it won't last forever. This is an outstanding buying opportunity IMO, at this price I'd say there's a good chance of 3 bagging within a couple of years.

Sigh it really is all going to **** when even the infrastructure trusts are tanking*

*or so the media would have us believe. Good time to have some spare cash to take advantage of the market madness.

So, after holding PSN all this time and remining silent throughout, you joined up today specifically to tell everyone you'd sold out and see it going down a lot further.

Can only assume you're connected to GLG, or another shorter below the 0.5% threshold.

Yep, very puzzled here today. Travel-related stocks like TUI, IAG and RR have all gone up today, while OTB (with no news) is the largest faller on the FTSE all-share. Can't fathom it.

Markets rarely make any sense. They're supposed to be forward looking, but I see little evidence of that:

2 years ago they assumed economies would be crippled by covid forever.

A year ago they assumed all positive trends from the lockdown period would continue forever.

Now they seem to be assuming we'll be in a high inflation environment forever.

So short-termist it's ridiculous. But its now (again) a great time to be buying quality companies at knock down prices.

*drop later on after the early rise

Must admit I'm pleasantly surprised by the positive move this morning.

Expected the scumbag MMs ro take it down this morning,followed by a recovery this afternoon. Now expecting it in reverse (drop later in after the early ruse).

Sorry, I meant 12 months below, not 6 months

Strange goings on here. While RHIM has been doing terribly, losing 45% over the last 6 months, its Indian subsidiary has been flying, gaining 84% over the same period.

I calculate the share of the Indian business is worth £770m , which means the rest of the company (the large majority) is valued at just 100m to get to our current market cap of 870m.

Am I missing something there? Whatever it may be, with yield and PE also extremely favourable, I agree with saleem and am in as of today.

I've topped up today at 533p. Will keep on adding if it drops further.

Really like this IT, it will fly when sentiment starts to turn.