Member Info for Couerdelion

My own rule is to pick a price you're happy with and buy then. Nothing wrong with waiting for a better price but that's a judgement call - and you can always buy if the price is below the one you originally wanted.

For what looked like good results, the market seems to have punished GRG for the reduce YoY sales in January despite the uptick in February and the claim that the company is well positioned for the coming year. Bear in mind that the "like-for-like" growth only covers the outlets open for a year so fails to allow for all the record number of new branches.

At a PE ratio of c14, this is a steal for a buy and hold strategy. Earnings and dividends both up over 8% give it a very low PEG ratio.

Finally sold those shares I bought in early January getting to keep around 5% of them as profit so now back to a neutral weighting.

Yes, the SP is now free of artificial shackles like resistance levels and can fly. I will probably slice off a tranche of profit around 70p

If you can bear to hear people talking about "buying" shares who want lower prices so they get a higher yield. I have my own 9% target yield but I also need to sell a bit at a higher price before I get that.

If you are here for the yield then you can ignore the price and just take the dividend. If you want share price growth, you're in the wrong place.

Tempted to take some of my early January buy as profit today but not quite there yet. 365p gives me a "dividend" of around 1% and I think I can get closer to 2% with a little patience.

I've struggled to place a value on this business in the past so it's hard for me to criticise the company for presenting the information in the way that they do if I can't come up with a better way. I imagine this was always a historic problem which is why they now produce the information for each annual tranche of new business but for year on year comparisons this largely presents an historic record which doesn't adequately show what they have done this year and what value remains in the business beyond their book value per share - which is next to useless given the maturity of the portfolio.

Nonetheless, it was a good opportunity to top up today while I am working out a decent valuation approach.

They are too opaque so the market just looks at a few key numbers. All I can see here is the shares just got cheaper, rather than being worth less.

No idea but I've decided to take a chunk of profit here.

I'd expect the market to react positively to this news - how could it not.

With a decent broker upgrade, this could find its way back to ever higher levels. I took some profits on the results to give me a little more room to reinvest on dips but I think it more likely, given the current momentum, that I will find myself selling more before I am buying again.

FWIW, was the news yesterday anything more than they were presenting in last year in their strategy for DVM?

I do have some sympathy for a lot of these smaller AIM stocks because they don't have the resources to continually update shareholders on every new development. And if they did we'd either be complaining that their strategy was shifting from one thing to the next or that the executive managers were not spending the time developing and improving the business.

I decided to top-up yesterday. The dip looked excessive.

Where did you see any mention of any option for cash for LDG on the APH shares. RNS simply said they would be getting shares in the acquisition HoldCo.

No senseless wars planned anytime soon. We've got our hands full for the foreseeable just keeping an eye on the local troublemakers in our backyard for which we can expect little support from the US. If you doubt BAE, just pick one of the other stocks - my CHG investment in January is up nearly 20%

I like the figures and so does our friend Simon Thompson of IC

https://www.investorschronicle.co.uk/content/44ba2ce7-cfc7-5aeb-b633-bdcb5f5f92bd

At a share price of 12p, the option is worth around 3.8-4.2p (tweaking the different assumptions for volatility and interest rates). At these prices you are possibly right that it is easier to pay 24p for two shares now than pay 16p for one share plus a warrant.

But as I have said before the SP seems to have lost all connection to any sense of fair value. We do need a little more realism in the funding, I can agree this is a problem, but once the prospects improve and progress is made with strategic investors, the current SP will be be forgotten and it will become a tale to tell to your grandkids.

Steve Kessler is presenting on one of the Investor Meet Spotlight events now - or he should be on in about 10 minutes

Too cheap to pass up.

While the frustration with the SP is obvious, it does give me one small benefit in that it makes it easier for me to move a sizeable chunk of shares into new year's ISA allowance. If I can get them in at sub-5p, I'll be fairly happy.

Get a room you too. This is supposed to be a place for civilised discussion on the case for Jet2 investments not a place for a private argument.

While you were trading insults, I was trading Jet2 and got myself some free shares - think of it as a 0.5% dividend, solomon.