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Regret I did not buy again as I was painting all day.
Will see what next week brings. As Aucuba said this one disappoints so often after a reasonable uptick.
To be honest I am getting a bit fed up with this company and I shall move on the moment the SP allows.
Its a no brainer for some shareholders. Bought at 60 and sold at a 15% gain.
Unfortunately for me I averaged down due to a large holding above150.
I am happy to wait for the undoubted considerable financial benefits that Costains can reap going forward which will send the SP much much higher.
I think as you have stated any further improvement on the January update coupled with an intention to re-instate the dividend will be well received.
At this moment it does not look like there is any overwhelming positive news coming. We live in hope.
It is quite amazing the influence the oil price still has on this stock. It is also very evident how the opening of the American market affects this SP.
I would never rule out a big American player putting in an offer. Still a long way to go and we need some more positive news than we have been getting.
Just bought back in firmly believing RR has much better days to come. I do not know what has happened to this BB.
It seems to have been hijacked by a large number of posters with nothing to offer in respect of RR.
At least Arsenal remains focused/committed to RR and has not changed over the years.
Good luck to all holders here .
Had expected a decent bounce. Trading update more or less coincided with increased Covid concern. Sad to say this is being hammered again. I still hold to the time it will turnaround and stay there.(late 2021)
In the meantime more pain and more patience.
I guess not. The core reason must be that the results were not well received followed by negative broker opinions. Having said that I would take the SP indicated by them with the exception of Jefferies. I expect a modest bounce back.
Overall I am not too disappointed in these results given the backdrop to the environment they are operating in.
I am not surprised either that they had to sell an asset to reduce debt. I think it is a leap too far to predict 2022 will be worse than 2021.
When sentiment improves and the virus is under control the orders will come. Continued patience required!!!