Member Info for Dodger16

You won't regret it Ammu.

Hi, no buyer rumours. Some great nortek updates though. Hoping they sell that early 2019. I think they will buy big next year. Nortek just not that big. Can you believe the rise since the rights issue. This is a dream share, shorters must get burned to hell if they dare!

Capra, this is where I will invest 100% of my portfolio by the end of this month if pmo comes off. I was going to buy start of last year but went oil instead, this went up 300% and people gained on the rights issue. I see a good 30-40% gain here in 2017 and the crazy returns next year if: 1. They sell their recent nortek acquisition, business model return max gains to shareholders. 2. They buy something new, they will, latest nortek acquisition was small. Last June when they bought nortek sp doubled in a day. Since the successful rights issue it has gone from 138 to current. They are ahead of the game on nortek acquisition and the trump factor has helped. Each trading update seems to add at least 4% to the sp, next one due 1st march. I will swing in for it. Just thought it might be worth your while checking it out.

Yeah,had brush a long time. I think next year they will buy the biggie. Shame the sp didnt go up further today but decent enough rise.

This share never came down. Rights issue. Also their business model rewards shareholders with very large dividends when they sell current projects. My hope with this share is they buy another acquisition - a larger one than what they just have ($2-3bn). I wish I had know about these guys a few years ago. Wouldn't need to work or worry about pension!

Bex Brush is doing okay, I'm hoping they sell it next year. Would help make way for a really sizeable new acquisition.

Johnny I think what may be exciting is Nortek not being a large enough acquisition and the possibility they may look to buy something else!

Johnny there is no bear case. They bought an acquisition that was small end of what they wanted I'm keeping these until I retire - twenty years..... Can see them doing something big next year.

Some time in September. I am now thinking of selling every share I own and buying lon mro (9 times return in as many years) then just forgetting about share dealing for a long time.....

Hiso, you buy thus share to reap the dividend. I would be surprised now to see anymore rise now rights issues us done and any doubt on Nortek is gone. Unless of course they look at another acquisition given the current one is smaller than hoped for.

Have made about £5k doing that over the last month now, I am holding this time now, can see this going back over £5 shortly.

What do you mean - the upcoming rights issue? I think about 43p per new share based on an SP current price of �6.58.

I am hoping for 420p, it got past that yesterday.

Sentiment shot to hell for this sector. I was hopeful too after reading that update. Oil took a dip as well (on the back of inventory increase estimate) which never helps any share.

Seems factored in. To me it just further proves I should hold this long term.

Mava, will have a look into that. Bit of a novice still. Good luck everyone for today.

I'm doing this with a sipp. I agree, the upside here is crazy.

Hi, I only started trading in Jan, using my sipp. Main learning so far is it is best to hold long term, been 20% up twice and back to nothing. If tomorrow is decent I will hold but am now of the thinking once I achieve my annual target I should sell. I got this, Barclays, Lloyds and premier oil. Apart from premier I am in at post brexit price. It's luck, friend texted me to say he was selling out on the Wednesday and I copied, on Thursday I was gutted (markets up 5%) then on Friday I could not believe it!

Nige - I am hoping people pile in now for trading update. I bought this at 383 and am not sure on holding long term or just cashing in soon. Nice to see a decent post from someone - I am normally on PMO boards!

Its exciting stuff, bought in on Friday at 383p. Gave up on oil share and this is acting like an oil share.