Member Info for Cheapsharesboy

Not that broker views are that important, albeit they do affect the share price.
So HSBC set a target price of 265p just two weeks ago. This, if I'm correct, was an increase from 260p.
Clearly they failed to lift sufficiently.
I think that is still too low
"HSBC set a target price of 265 GBX for the company, which when compared to the M&G PLC share price of 199 GBX at opening today (22/02/2023) indicates a potential upside of 24.8%."

Looks like my Mondays purchase was well timed.
This doesn't happen too often!
I just think MNG is excessively undervalued so should go to 250p just on fundamentals. Like RR was roaring yesterday so should this regardless of good news. But I'll take any good news alongside as well since it will take the sp higher

Very useful, many thanks!

I don't know results what market is expecting but I've added today under £2 and some just over as well.
Does anyone know here what we actually expecting or what is the market expecting average results at best?
I think it's 16 days away now

I'm not sure the market even realise yet that the update is out? Some boys will wake up by 3pm I take it.
Also Ftse250 inclusion will hopefully push the sp back to 250p

Absolutely a good strong trading update, as expected.
If only the UK government would stop bending over to the woke brigade and the green zealots, and would allow domestic oil and gas companies to prosper, this share would double instantly. Even with the current mob running the asylum, the shares represent a good value. I will definitely sit on them and collect the dividend. Will decide later on where the dividend money goes. But especially my pension account the sun is going to be significant. Hope this continues for a long time. Are we expecting approval on fields very soon? That also would be welcome!
Best of luck all, Cheap

Yes absolutely difficult
I tried to get another 80000 at 18.4 on order they didn't give it. Tried 80 000 no quote again but got 50000 more on open buy at 18.49p. 50m market cap liquidity should be slightly better imo

Managed to buy 100000 at 18.65p at quote

Yes should target 40p at first then at least 60p

This share came to my radar due to a large EPs forecast increase. Would you say it's still a buy at these prices?

Ok interesting sell there.
Let's see if it was a good decision or a big mistake.

Life - you don’t really get it!
Breach happened now but data that was accessed is data between 2018-2020
Simple

I'm going for 94.1p next week close

ok but you have to take into account that I've bought back so the sp is going to go down from here.
Haha

Cheap, good to be back here by the way

And Jeffries said this:
Jefferies initiated coverage of Ithaca Energy today with a buy rating and 245p price target helping send shares 3.25% higher.

The broker said this represents 38% upside for a company it believes to have the highest pro forma 2P reserves life among North Sea peers but which is now trading at almost a 20% dividend yield post-IPO on increased UK oil & gas taxation.

An “additional tax hit is an unavoidable impact to all UK producers but Ithaca's consistent, coherent strategy focused on growth and returns is a compelling proposition” it said.

Also - did anyone know when trading update will be due?
Thansk, Cheap

Interesting that Goldman rates this at 284p.
Obviously broker ratings are to be taken with a pinch of salt but at the same time Goldman's ratings are always important to the market.
https://www.morningstar.co.uk/uk/news/AN_1671528901097103800/london-broker-ratings-ubs-cuts-sage%3B-goldman-jefferies-like-ithaca.aspx

What would be the fair value to buy Copl assets?

Is Q4 or final results likely to be end of February or later on in March?

Good share screwed up by bad share buy back plan

Absolutely sensible Paul
I agree with accumulation of divi shares when prices are low. There is no rush for sp increase.
Although at some point it will be welcome