Member Info for Carllapos

Castle,

There’s lots of speculation of a potential RI being announced with the results which I think is one of the factors holding the price back.

Personally I can’t see it happening, they’re got cash available to them for operating purposes and they had a good few months trading since last update to produce a bit more cash hopefully.

If you’re going to issue shares to pay off debt, there’s not much point in doing that whilst the SP is rock bottom. Much better to wait until later in the year at least.

I’ve got circa 120k shares here, so I’m certainly betting against it! Ha ha.

Yeah this has always baffled me when they say buys outstrip sells etc.....surely that defies basic economics!? Ha ba

Not that I pay much attention to what motley say as it’s usually anything but insightful, the good PR is more than welcome and won’t do any harm!

Raleigh,

I would have to agree. I can’t see us breaking 40p just yet, although there is some strong trading today and if this momentum can continue for a few days, 38p may be seen this week before the brakes are hit.

I can’t blame you, the share has been a hard long slog and it’s easy for doubt to creep in.

I’m hoping we push on from here, it even now progress is slow, but as long as the price holds 1-2% daily gains suits me just fine.

A good solid close today, so tomorrow morning should tell us if we can push on from here.

Are we seeing resistance at 34p still? This has been a major area of resistance for some time that really deserves to be broken now. It’s clear how undervalued SHI is now and if their forecast is right, we could be looking at 90p+ this time next year.

Ha ha you’ve changed your tune from last week! Glad you got over your wobble.

I’d like to think so. Go’s knows most of us have already shown the patience of a saint with this share. The results show that we were right to be patient and that our research was good. But now we deserve to see that reflected within the SP.

Why on earth is SIG such a lightweight share?

stobart group announce a name change and they’re up 15% (40% for the week!).

SIG release encouraging results that beat forecasts and show a clear path to profitability and it yet it can’t hold onto its gains! God the market baffles me sometimes.

We need a big of press exposure now and some fresh broker forecasts to get some momentum going.

H1 results were mostly due to the initial drop off in April and may. You’d like to think that sales were steady during H2 and that hike essentials continued to grow.

I guess we will find out soon. It seems crazy that a business that’s still running in profit, is having a worse time in the stock market than business that are swallowing massive losses and will continue to do so. When did fundamentals stop mattering so much?!

A nice portfolio you have there and It appears we have a similar ethos. I sadly skipped IAG as I still think they have some big troubles ahead, which means I’ve missed a trick! Although I hitched a small ride from 95p to 110p. Sadly missed out on the vaccine boost in November though and sold out just before!

I’m keeping a close eye on hospitality and travel as there’s some good gains to be made, but I’m not comfortable with it yet.

Aimtitan,

I’m afraid you are taking a slightly flawed and simplistic view of the cap raise. How a cap raise effect the market movement is very dependent on how the raised capital is being used. As a whole, the cap raise here is being viewed as a positive one as it was not done through necessity, but through ambition.

Thanks Medi,

I think credit unions provide an invaluable service to the community. I think the conversation I was having with someone on here regarding CU’s was that they suggested it would harm browns credit sales, whereas I don’t see as CU as a direct competitor as my underrating is that a CU is more or a crisis loan for essential items etc.

What’s your theory behind a retrace? I mean I know we’ve had a lot of them! But I was expecting this to hold pretty firm as we head towards the results.

Thanks for the replies guys. Got mine too, very poor show from 212 though!

Looking forward to results now.

Agreed prof,

Apart from the odd dabble, I've avoided momentum stocks, no doubt I’ve missed out on some great returns, but I struggle to get past poor fundamentals and the likes of Tesla bother me, they’re going to come down hard at some point!

So all my investments have been value shares that I feel condensed will turn around. But this does require a degree of patience. But I’m happy to wait it out, as I’m a lot more comfortable with the minimal
Downward risk of these shares. Brown group is starting to work for me now and I’m expecting to see a 100% gain on that this year and I have no doubt that SIG’s time will comes too.

I have friends who are heavy in the tech and emerging markets and it’s hard not to be jealous of their gains over 2020, but I’m not willing to work with the downward risk of Nio/Tesla etc. I mean how the hell do you analyse a stock like that?!

Their general silence bothers me, it either means things are better than expected and they want to keep a lid on it, or they’re far worse that expected.

Given how busy the trade is, I don’t see how things can be worse than expected. They’ve also been reopening closed branches and buying out small
Competitors, not the mark of a company that’s struggling.

I’ve got a position of circa 200k shares and my patience is now thin. But they have a good ceo who’s an industry expert and strong financial backing, so I can only see this heading in the right direction long term. But it may take longer than we anticipated as their reputation was rather damaged with their customer base and that sort of turnaround takes time and you may also have to be cheap initially to draw clients back in.

Frustrating as hell isn’t it. SIG and card are my two largest holdings and they’ve both been similar on that front. But I’m sitting on both as I don’t see much downside risk and the upside is still large, but it’s a true test of patience.

I sold SDRY for the same reason last year after months of no movement and that’s now up 70% from my selling position, I sat on CBG for 6 months and ended up selling for 10% gain due to the same frustrations, it’s now 43% up from my sale price.

I have cost myself a lot of gains by being impatient, so from now, if my fundamental reasons for investing still remain, then I’m sitting tight as it won’t stay this price forever. TPK has risen steadily over the year whilst SIG has largely been stagnant. Of course we had a cap raise here which makes a difference, but I still think 60p within 12 months is realistic.

SIG were in bad shape before the pandemic and whilst there is a turn around in progress, positive news has been thin on the ground, so the market still has no confidence in this share. We are still sat at around the price which CR&R pumped in £85m, they are slightly more successful investors than we are and know what they’re doing, so I think once the market gets some trading news and forward guidance, it will go quick! This has been kept low for a reason, I just don’t know what that reason is.

What is it that Buffet said.....”the stock market is where the patient take money form the inpatient” so I’m trying to avoid FOMO of other shares and bide my time.