not worrying, just curious7 Oct 2013 20:42
Hello All,
Newbie to LSE and to the market in general, invested a small stake in NPT towards the end of august. To my untrained eye it all looks promising, AIM paying div, good cover, healthy level of cash, low debt, opportunity to expand, betting law change still a healthy way off, upcoming beneficial advertising with big brother (now past tense), good length of air time and in a strange way advertising in every UK TV guide available, every week. I considered them comparable to TTR similar business and market cap, but essentially in a better position financially so invested here rather than there.
Since i bought in the price has dropped and been left unaffected by the positive interim report, rise in div, and coming and going of ex-div date. Over the same period TTR have risen approximately 6p or 3p from their prior recent peak and look as though they are continuing to steadily climb.
I feel that im here for the mid to long term, intending to re-evaluate around the time the betting law will change. Im also aware the royal mail IPO, and lloyds share offer etc may be drawing investments elsewhere but wonder if there is something obvious to the trained eye, but un-obvious to me that is causing a torrent of sells and leaving the share price sitting here? is it the nature of the beast, did i buy on the news?
Bought into BBY as my safe bet and NPT fittingly as my gamble. Any opinions welcomed.
Regards,
Concious.