Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Bloody hope not Joe as I added today!.
I can't in all honesty click a Buy as markets are just
too volatile and we are in all likelihood now in a bear market -
MCX already there and pretty sure the UKX will follow.
In terms of under £4 a share, something quite cataclysmic would
need to occur, their 40% remaining share in Kantar is conservatively
worth £3 BN plus alone (although never say never etc!) - all in my view I should stress.
I'm 53% invested atm and don't feel brave enough to go much above that atm,
so hopefully opportunities over the next few months.
Recession looks pretty much nailed on now, what a change
in 6 months.
It's an extraordinary outperformance.
The share price was lower in August 2019,
pre covid, the huge oil price spike, airport chaos,
the Russian invasion of Ukraine and now a looming recession.
What a woeful recent performance imv.
the March 2020 plunge low and approx 20% Above
the August 2019 low.
Price getting near an interesting level again?.
I can hold the shares with duel nationality thankfully.
..
If we are moving in to a bear market proper - they
usually last 9-11 months very approx, then about
every stock is going lower.
I added today, but would not fall in love with SN.
or anything else for that matter.
Also it may pay to beware posters who are uber bullish
on a particular stock, they likely know little more
than you do , all imv as always.
snap, a penny higher for me.
the current share price that is.
n/m.
current consensus (Full Year 2022).
However consensus is subject to change!,
not guaranteed.
It happened.
If you consider a poster is trolling or spamming a board you
can flag this up to LSE. They may or may not take action as
a result.
Perhaps also fair to reflect the consensus or majority
view on this board has been too bullish over the past
few months.
My own take on the macro outlook was too complacent going in to
2022.
Yes Russia has been a tipping point, but there was already a squeeze on
disposable incomes underway that pre dated the invasion of Ukraine.
Looks to be looming large and have little confidence
that will hold - all imv Only.
Looking to add here.
On a personal basis MW are short 2 stocks I hold - KGF and MRO,
I don't have any problem with that - and obvs it would make less than
0 difference if I did !.
With respect MW have Not decimated the Roo SP.
What appears to have happened is some degree of reality has
gradually taken hold.
Even at today's close the ROO equity is valued at £2bn.
Out to 2024 on current consensus the Company is expected
to be loss making on a pre tax profit basis.
If MW get their rational wrong, the market will ultimately move against
a particular position.
Not helping manufacturers.
If not, we look to be heading for somewhere near there.
UK retail share prices have front run the weakening macro background.
for Melrose?.
If so there may be some very nice updide.
RE-rest of recent lows first?, possibly.
Any thoughts folks...?
heading back towards recent share price lows?.
Look at the RR. market cap - that is your answer,
among other factors.