Stranger things have happened but I suspect the SP to get a kicking today.....for clarity I am looking for n entry point of circa 30p and think that is quite possible today.....this is a traders stock short term....
Been sitting on the side lines for about 6 months now (luckily) but I have now decided to take the plunge....with the M/C of circa £220M this is certainly under valued...as some say this is being priced as a Travel Company as we know that's the smaller percentage of the business I see this as an insurance company and a well regarded brand so lets see how it goes....not expecting fireworks any time soon but I do feel the value will return....GLA
Been watching this Company from the side lines for the last 12 months and decided to dip my toe in today they have a very shrewd management ....not many companies could get an oversubscribed placing away at a 3% discount that was a fantastic bit of business...if the divi is reinstated soon I would expect to see circa £5.00 pretty soon.
could agree more im out on the side lines at the moment but looking for a re-entry circa 30.75 and it will come its just having the patience not to jump in too soon ...good luck
I don't think the UNILEVER Sp will move hugely one way or the other and I'm not too worried about the SP as long as they keep paying what I think is a reasonable dividend...
Ok so finally took the plunge yesterday and managed a few at circa 88p I intend to hold over the medium term at least and will add as the SP moves or on news...like I have said in previous posts this company sits quietly under the radar and I fully expect a steady rise from these levels....we shall see...GLA