RE: Rising nicely again this morning20 Jan 2021 07:39
Pandy2 my thoughts are Market Makers and the city lowering to allow buys which undeniably there have been a great deal since the slight retrace. Onwards and upwards I’d like to think with today’s news delivery and a strong finish to the year with a snippet of new, unannounced business wins in place in the public sector and yet to be officially delivered. GLALTH
Wincanton £3.60 prediction. Last Sunday’s FT stated primed for takeover. Wincanton plunged, as did the whole sector as you said linked to COVID but a great performance throughout the sector sees all Logistics sp increasing. Even Eddie S is going up. One to watch to be honest as a AIM share at sub 10p.
I agree with rivaldo. mCap and Shares in circulation are key drivers. As Win’s turnover increases, debt and liabilities reduce then operator if profit increases. mCap increases against the amount of shares in Circulation and share price increases. Nothing to do with trust or non trust. If this drops any lower I’ll be buying. A great opportunity to buy in today. What’s not to trust about Wincanton. Great business, great teams and great customer relationships. ??
I tend to agree with you here but my question and there is probably a simple answer, is, when will we start to see the share price go up. Is this when the volume of oil in the ground is firmed up so therefore the value of the overall find is realised?
And on that note time to buy in or increase holdings. This sure will be let go and possibly even re rated to much higher as this country will draw from it for its own production needs in the future. A Long term investment for me here and although SS words may be deemed a caution, there’s no doubt what he said will happen here is happening. 25 licence to produce is massive. GLALTH
I’m reading already on the Board. The company need the permits and have been fighting for years to get them. The government are obviously on board and now they can move forward.. well done to all the board. Let them do their job and make the business flourish. Get in great news this morning.