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I bought 50 quids worth Galliford @73 last week basically the money I would of spent if the pub was opened last Sunday this must be one of the best placed construction firms coudnt understand why this hadn't moved . they sold their loss making side housing sector plenty of money in the bank happy days to come for costain and Galliford
No doubt this share like most Has solely responded with the news of a vacine.
Im still none The wiser what really should be The true SP with Costain The SP dropped initially to 100 during the epidemic but adding with a RI and poor performances regarding the loss of 100m that basically wiped off the money raised that compounded negativity at once dropped this last week to under33 but also in April fell to 27!!! .I'm holding 122k at 39.8p and held my nerves when it fell under 33 and bought more even commented on here is anybody tempted to buy more at 34 . No one responded haha .
No doubt the SP has responded purely on the basis of a vaccine but I'm positive kind of person that I believe that the consumer staples will feel this far longer the effects of this pandemic .
seeing Galliford kier start to head north this i believe and hope will see Costain Sp reach 130-150 next summer correct me if you feel I'm wrong but some positivity coming from costain could push this forward hugely
The professional analyst has compared the rolls Royce SP in comparison to katie price's nickers
What are they serving for lunch at broadmoor this afternoon
@Cameron you had to hold the shares on the 27 Oct or before to take up the rights issue LoL
RR should be fine long term but there are thousands of shares or ETF'S like vanguard s&p ishares global clean energy that don't have the volatility that RR have if you are comfortable seeing red for periods of time than RR im sure will eventually recover but this isn't for the faint hearted at present. I'm not advising just my thoughts my averages on RR is 73 and it is the only share that can consume you . Look at Lloyds or Tesco tesco also a pay dividend RR also didn't this year for the first time . Good luck and don't take these BB with factual some of them will advice you to remortgage your house and stuff it all on RR
Last week here predictions were 32 so a big improvement . Tin hat is at the ready pal but whatever it is today it will be around 200+ when RR start full operations again
@red_inky Good call . I was expecting a drop this morning on the basis people weren't going to hold there nerve. All this talk about 4 billion shares being dropped when in fact they were dropped into the mix on the 28th . Now people have realised that nought has really happened so confidence is growing should now start going North.
just 6 days ago the SP briefly went under 33 . Little over a week ago from Galliford weir etc comments that construction will never recover now it seems construction is gaining confidence again . A week seems a long time in the financial world.
I'm sure costain have learnt from the 2 contracts that if they get their act together even with the 100m they raised earlier in the year and ultimately watered this share I'm sure with time and positivity this will/should get at least over 100sp
https://www.theconstructionindex.co.uk/news/view/builders-called-to-bid-for-britains-biggest-road-tunnel
I hope costain pass on that one ! Just on the basis of the road in Wales.
Blimey if you read one post to next on here you'd remortgage your house and stuff it all on RR and in the next breath sell as if it will drop to 32p within the hour for Christ sake don't be influenced here .
Seems to me The management are absolutely clueless fancy proposing a rights issue than shut factories in cost cutting measures than a week later announce your going to employ 6000 extra staff ??
Correct me if I'm wrong.
Now there is 3 times the amount of shares in the system and looking at the SP price exactly a year ago which was 810 .
Is it wrong for me to presume that once flights resume and RR return to normal levels of business that you can just apply a bit of maths and divide 810 into 3 and this should return to 250-260 range eventually! plus with the share being alot cheaper could attract a whole new range of small investors that it's more attractive than shelling £8 a share
Wowww unbelievable buzzing just trying to get my head round the rise . Correct me if I'm wrong but it looks like more sales than buys . The only really relative news last few days I can find is the CEO bought about 4k worth of shares a few days ago did he know something we didn't and on his wages you would have thought he'd be filling his boots
It's incredible this share I'm averaging 76 I thought everybody would be selling their rights and I was preparing myself that the scare mongrels on here below 32. thought with the extra shares this would take an eternity to get to my price just shows the sentiment in RR . I was planning these for the long haul and my main shares costain 122k are all in blue it's a magical week for me and just goes to show if you truly believe in a business things can change and sometimes quicker than you ever imagine.
122k shares in blue .
We will soon see hopefully see more activity on this share when these consumer staples start showing sale slumps keep the faith . Construction as a whole have had a good day . Ps I've had a couple of beers
Wow what a Great Day for SP thought we'd have to wait a couple of years before this would even reach this .
Pretty obvious what is going on the right shares were put in the main pool on the 28th that's why the SP plummeted as more are taking up the rights the extra shares are being mopped up bringing the SP up big question how many will keep hold of them !!!! Can see this pushing up to the 13 but could be a heavy full the next day !!
'So frustrated. Have been buying this crap when the share price was 215, have since averaged it to 83p. Any predictions when will this hit 100p?"
18th November 2089 Time 16.08
With a New lockdown must only be wishful thinking of people commented here that tomorrow will rise Ffs expect it to drop like a stone and think the opportunity to get your sp down buying at a ridicules price. just change your mindsets and think long term sit tight remember your losses will be real if you cash in . this fell 103 a month ago and return to over 200 within a week. Yes it's getting watered down with the right issue but lots of institutes will start looking at this one when positive bit of news start appearing and it will start to reverse .