REMINDER: Our user survey closes on Friday, please submit your responses here.
with such a wild swing in SP...I must admit i SOLD at whatever price i could in morning after opening bell mainly after reason approx 3B write off which always concerned me.....15P div reinstatement save day for us otherwise it would have been quite brutal..still remeber market's reaction after 900M write off......i did open few shorts during the day and i was lucky to close all of them with some profile (£3K) but if i would have just stayed in the game i would have been much better off......i think my journey with MCRO ends today...it has been quite a roller coaster ride.....never made any sense to me why a Company with more than 1B in profit can trade so low.....may be bcoz of lack of confidence is business, and constantly declining revenue is not helping.......I may decide to few trades but with much smaller holding, and perhaps time to focus somewhere else now...GLAH
Considering MCRO had been bit of leaky ship in past before results or important news.... I am inclined to think results are better than expetation... Fingers crossed..
No surprise there when constantly you are looking for finance and issuing warrants..
I must say you have good hold on RR.... But I feel change is sentiments alone could start forward movement and things should be clearer regarding air travel in next few weeks..
Two things to look out for 1) position on dividend 2) any new write down.... Depending in two it will scale new height or crash nearer to where we started from..... Also I would assume that there will be some update on what has happened post oct2020.... Generally I am comfortable but bit worried about another potential write down... Fingers crossed... GLAH
The only time I can remember when I managed to sell at top after buying at bottom....I am still bit gutted by reducing my holdings by 9k shares.. When actually I should have increased it.... I can see there is no stopping from here until we cross £10..it would take a long time (may be never in lifetime) to get another opportunity like this.. GLAH
It seems it is going to be a year to remember for me... Last time I had a good run was when rare earth approx 20 bagged for me and I made approx 100k...but over the next few yrs I lost all of it AIM cess pit by investing companies like range resources.... Hoping I may be able to hold on to gain this time around with better life experience... GLAH
Good advice but it really takes time to fully understand the meaning and making it a habit... It took me good 10yrs
Agter trying many brokers... I personally feel that IG markets are one of the best.... Plus they can offer you pretty much all kind of products and accounts....
Looking at what we paid to HP and what we get in return... Sometimes I wonder if HP persuing Autonomy executives is justified... Perhaps autonomy executives were right in saying HP just didn't know how to make best use of their productd/technology..
As I offloaded 9k shares around 330 feeling little dejected with today's break out... Anyway still have around 15k which I intend to keep till mid next Yr or may be forever depending on where SP settles and what r final results... With reduced holding I m quite comfortable with risk/reward ration and can comfortably wait in trenches for many yrs... GLAH
Should be the time to determine where we head in next 2-3 years... If we can demonstrate that we are able to stabilise revenue and profit it will be bound to go to places... The SP just doesn't make much sense with 1B profit even if we consider 4B debt.... Perhaps market is looking for dividend reinstatement as that will be true sign of stability here.. No matter how many RNSs we release dividend reinstatement is the most important news to determine SP direction...
I think patience is key here...we should see true value in next 12months or so.....atleaset this is what i keep reminding me after looking at some of cryptocurrencies....i bought 20,000 Ether @133 around april/may time and sold them for little profit.......dont' want to end up in same situation for MCRO......
I am not sure but somehow I feel Gladstone are opening longs before closing shorts as they are reducing shorts with steady pace... It makes sense for them to make money in both directions.. Shirts r now below 3% at this pace soon will be below 2% which in a way profile solid base for SP to grow... I just down know why div will not be reinstated in Feb21 looking at free cash flow... It could be once in lifetime opportunity for those who have patience to stick around for 4-5 Yr... GLAH
Most likely Jan 2021 for annual results...may get some minor updates inbetween but dont think that will major update...
Because just as you I was waiting for 425P only to see it drop today...I think i made it clear i averaged down quite a few times...so sold off whatever holding was in profit from low £2s....keeping rest with now averaging little over £4....may sell remaining before final results unless it breached 550P which would give me some comfort and cushion...when was the last time a PI has managed to buy at absolute bottom or sell at absolute top?....
Not sure what you actually mean....I see no issue with a person holding negative view on a share and still holding or increasing holding in hope of recouping losses by averaging down......for me its quite normal...thats how PIs trade as we dont have supercomputers ..we don't do algotrades.so to me its perfectly fine for a person to have a moving sentiments when own money is at stake...
One thing which is causing trouble to me regarding last RNS is mention of reviewing goodwills....I am not sure if they mean they r reviewing previously notified 900M write down or its complete review of portfolio.......i thought its later thats another reason for me reduce holding and perhaps i will sell off completely before annual results...
Feeling much better after selling 9k shares at 330P...with this continuous fall of SP over the last few months my holding reached 25k with various averaging downs which was too high for my comfort.....its shame i couldn't sell yesterday as got bit greedy......One thing i have learned hard way after investing for almost 10yrs is that risk management is most important thing for PIs....and there will always be an opportunity to buy a share cheaper when u sell.....Heppy to sit tight for another two months with my remaining holding....GLH
It has surprised me great deal as there is not much in update which was not known.. Sales can't just keep dropping 10%, quarter to quarter.. It has to stop at some point... Opu put more efforts in doing PR for them compared to efforts put in preparing trading update.. Nonetheless, like others pleased for jump in SP.. But like I said I will feel comfortable only when it crosses 550P.....perhaps statement that they r reviewing good will write off excited the market most.. GLAH