Member Info for Archy147

I dunno, but MW saw it coming. If they reduce again I might be tempted back in at these levels.

to buy back in here, but that short by Marshall Wace is very off putting!

On the brighter side, it has been reducing from its peak of 1.62% in July. Thoughts anyone?

I can't figure it either. Just added some to my ISA.

Thought we could do with a change of thread title as its gone up 20% in the last week ;)

This is my highest conviction stock (highest weighting in my ISA) good to see it going so well since original purchase @107p

Only concern for me now is that large JP short coming in on 2nd September. Any thoughts on that?

I topped up today at 183p

Price below the Covid sell off- in March 2020 (which it bottomed out at 204p according the the chart) and a forward P/E of 5 too good for me to ignore

Maybe this isn't the total dog it appears to be (long suffering holder here).

Looking for an exit point on this but need to get back to 40p to break even :(

Just popped in here for the first time since i sold up last November, crystalising a large loss.

Genuinely gobsmacked at far the management ineptitude has sunk this now now. Genuinely sorry for holders who have clung on through this debacle. The placing at 5p says it all. It makes me angry seeing fellow PIs fleeced like this. GLA.

lol LongerGuy

And well done Loco...long may your good fortune continue!

Regarding todays rise, its great to see, but even after that we're still down on a month a ago. Long way up still to go!

Probably due to the profit warning from ABF today

Now eyeing this up a possible entry point too

Good entry price

I'm as perplexed as others here.

H1 revenues hit a 10 year high, yet sp is down to the sort of levels seen before the covid vaccine? None of it makes any sense.
Bemused at the continuing drop, but not a cat in hells chance I'm letting go of any shares at this level.

Interesting the price has been drifting up during the day. I think the MMs underestimated the resolve of holders to hold on to their shares so the original discount of 3-4% from the offer price is not tempting many sells!

Topped up today at 123p. Was waiting for a dip after the huge CEO purchase @ 129p. It could dip further given the current bearish state of the market, but i believe this is an excellent long term hold with a rebound to pre-coivd price (400p+) on the cards for the patient amongst us. Excellent multi-bag opportunity.

I was lucky enough to hold RPS shares and sold out recently at 203p vs an offer price of 206p. Just looked today and the RPS price yesterday had risen to c213p - greater than the offer price plus expected 4p dividend! Seems the market may be pricing in a small chance the current offer price may be beat?

I'm holding here as I think minimum expectation is we get 532p (plus dividend?) for being patient. Best case another offer comes in and smashes 532p out the park! As others have said, its not that great an offer in the grand scheme of things.

Of course it's going back down, the MMs are such c*cksuckers - this is exactly what they do all the time.

I will be topping up, once this settles again.

Not just somebody, the CEO and founder.

A massive endorsement if ever there was one!

I certainly have my eye on this as a possible recovery play (was waiting for under 40p and now its there..)

It appears the large drop yesterday was on the back of a sell recommendation in Investors Chronicle. They say Marshalls overpaid for Marley and now has over £500m of Goodwill/Intangibles on its balance sheet, which may have to get written down.

https://www.investorschronicle.co.uk/news/2022/08/18/marshalls-roofing-business-gives-margins-a-lift/

Hi banbury, nope it looks like the 15 was calculated on historic earnings so excludes the Marley numbers. Thanks for the heads up.

Looks like the PE drops to single digits with them included. Definitely interested in buying at this price now!

I considered profit taking at 52p a couple of days ago, obviously wish I had now.

Ultimately, the reason I didn't though is because I'm holding on here for 130p. This was the price pre covid and they also managed to break 130p last year too. I don't see any long term issues that should stop us getting there, so just a little patience required.