Member Info for furrycoat

I will be waiting for an update that is showing some signs of recovery from RMG before going back in. Have bought in and made 60% Bought in and lost 20% and bought in and lost 10%. Need to get rid of emotional attachment to this share.

As a side issue RMGs Online Business Account is poor. Impossible to make contact with someone who can help for days at a time and the offering is very complicated. Have looked into it on three occasions and declined and I send around 50 parcels a week. Need to improve.

Better value out there this year IMO. Sold the lot. Big miss for me not selling at £2.30. Good luck to all holders / buyers.

Thought as much. Good luck. Could be a long haul back.

I’m a holder. (So don’t all bite my head off) But although results broadly in line, the outlook is fairly weak. Not expecting a recovery any time soon.

Staff have to be really careful with industrial action. Many other delivery companies (Hermes particularly) are closing the gap.

I had an opportunity to sell around £2.30 and I wish I’d taken it.

Hopefully I’m wrong. GL all.

Hey TR61. Firstly, massive congratulations with the big cash out. Delighted for you. Secondly, very sorry to hear about your health issues. I've been reading / using these boards for 12 years and post infrequently now as there is so much noise and abuse from some folk it can be difficult to sort the wheat from the chaff! Today was a great example, clearly great news from PMO seemed to provoke a rather negative and panicked response in some quarters. Anyway, to my my point, your posts are always consistently, balanced, informative and intelligent. I'd like to thank you for this as I have found them extremely useful. Hopefully your illness will still allow us many more years of your wisdom. Incidentally I will be holding my PMO shares as I am confident of £1.50 plus in the coming weeks (watch them tank tomorrow!) All the very best FC

Why? News is clearly fantastic. Why negativity?

Great News. Delighted.

Agreed TR

Thanks for last two TR

OK this news about the short was out on Thursday and the share price increased nicely on Friday.

Therefore there is surely nothing we need to worry about going into tomorrow??

Yes there are dodgy dealings in the city, nothing new there. Otherwise it’s as we were.

Unless someone wants to tell me different?

I've made a note of that offer TR61 - Cheers!!

Frustrating share this. Oil at $64 and SP up a measly 0.6%. Very undervalued at present. I have a sell price target of £1.35 and by my estimates this is around current fair value for this co.

Would love to buy more, however already over weighted in PMO so can't sensibly snap anymore up as there is still some degree of risk. Shorters unfortunately are like an anchor around the ankle of the SP.

Won't even contemplate selling until target is hit. GL All.

700 shares at around £1.92. I'll buy the same again if we go to £1.80. Been out a long time and will tuck these away and see what happens. Got a feeling the fall has been overdone a little.

Agreed. SP ridiculously low. All thing considered I reckon about £1.35 is fair value. Can’t buy more though as will unbalance my portfolio towards oil which ups too risky. Let’s see how market views update.

Great update. Share price will no doubt decline by 5% in response ;@)

I think there is a reasonable chance we'll close around yesterdays closing price.
I have a lot of time for the BOD here, think they are pretty straight with us. Fair value lies north of £1.20 IMO and think good days are not too far down the line.
GL All

...don't believe in them or conspiracy theories....sit tight reckon she'll turn. ;@)

PMO is the only risky share in my portfolio at the moment and I hold quite a few at an average of 63p. Gave consideration to selling yesterday but continued to hold as fancied solid update which is what we have.

Target price is £1.20 and expecting relatively little movement in share price today as decrease in POO will likely offset the gains we would have made. This one us hard to predict though.

Still expecting £1.20 this year.

After sitting on my hands for months after the profit warning I will be back in today.

GL All

...of this share over the course of today to see if there is anyway to get back in and re-coup some of my (significant) losses on a recovery bounce coupled with the divi.

I'm afraid I consider the news last week to be so bad and the 1p divi so puny that I could not re-invest here under any circumstances unless Batchelor is ousted and there is some sign of a turnaround. In all honesty I don't think Saga will be recovering any time soon and whilst I disagree with the 12 month doomsday prediction on here I think in 2-3 years the company could well be toast.

One of the main reasons is trust in the brand - LB can't even get a profit warning right, if he had been straight with investors in January the devastating update from last week could have been managed much, much better.

My Dad has insurance with Saga and is happy with the service (but mainly happy because it was cheap!) he had been thinking of booking a cruise with the company but has now decided to look elsewhere. Why? Because when an organisation is all over the news declaring to a second significant profit warning customers will shy away from spending thousands on a holiday lest they lose their money......how many others feel this way?

Last week I was a happy holder (for income) today I am thanking my lucky stars that I got out at 70p and I would urge anybody taking the plunge to think VERY carefully as I reckon we are still presently much higher than the bottom. I genuinely believe the price will reach the 30's in the near to middle future.

GL to those brave enough to stick this one out - you will need it!