Concern has to be that the poor trading performance is accelerating possibly a victim of management focus on continuous restructuring and integration. They sell software licenses so revenue shortfalls go straight to bottom. If they sort out the integration there is a real opportunity for the brave but it's not a gamble I'd take yet.
Speaking as a mercifully small holder in Woodfords suspended fund I think Woodford loved the thought he had a special relationship with the management of some companies and just wasn't critical enough of their business cases. I live in hope that his luck changes but theres no sign of it. I think most people invested in his fund thinking it was a boring safe place . Ha ha.
My view entirely. Ashley has a minority shareholding he needs more shares to control the company otherwise what is the point of him being involved.all shareholders have to do is hold out he is bound to try offering a bit more.No doubt institutions will give in and sell.
That's the thing with gmd, i've always hung on because it always should be worth a lot more than the current share price but it never takes off as the market thinks its gonna get wiped out by online at some point. Offer is too low deffo.
It will be a huge climbdown for NR if its true. Its also a disgrace if the times story is based on a leak...disorderly market and all that. I intend to grimly hang on ...what else can you do at this price ?
I think the theory is that governments can print money up to the point where it causes inflation and you would stop long before it degenerated into hyperinflation. I suspect its lunacy masked by some inpenetrable gooblygook from those advocating it.
RE: bobsto, you seem to spend time20 Feb 2019 11:39
Utterly untrue, my opinions are my own formed from every bit of information I can find, I have invested in retail many times, most recently Tesco hence my contribution to the Tesco board pondering whether removing fresh baked bread and other counters was a good idea. It's called thinking...you should try it Your selective abuse about that was pathetic. Simply trolling people who don't agree with your simplistic "it's gone down so it'll probably go up again" views is laughable.
RE: bobsto, you seem to spend time20 Feb 2019 11:20
I doubt whether a throw away line on a single post about Tesco bread has incurred your wrath! Evaluating shares and thinking about potential purchases is surely a main reason why people use these boards. You seem to think the purpose is simply to ramp share you already own especially if you got it wrong. Oh and I am a very serious investor.
Pretty obvious to everyone except mad Mike that this was going to happen. Why on earth did he think the CMA would swallow the line about cost savings benefiting consumers? This can only be a total distraction for the company. People might start wondering now what other decisions of his are errors of judgement? Still a great place to shop.
Guardian reports that the issue is that government doesn't like rmd division being ringfenced for lenders as it would make the rest of the group valueless and they would be unable to award it contracts.
Begs the question what on earth is the point in paying for an audit? Just paying hundreds of 000 pounds for nothing that can be relied on. Firms might have to find some other way of reassuring investors their financial statements are accurate as these chartered accountants don't seem credible.