The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Like Mary stated..a couple of weeks ago SP was around this level 24p having risen from sub 20p when the absolute concern of a D4E announcement.
CEO votes with his feet and buys large amount at 26pish....nothing wrong in that ...shows future confidence in company's healthy recovery . He must know the company are addressing their debt issue and the massive order book where Due diligence has been doubtless carried out...
Then SP rises significantly in no time at all for no apparent reason.
It would only been an amount of time that the company would have been forced to issue an RNS stating....They knew no apparent reason for the rise ....Wouldn't it ???
Morning Buddy
Hope your OK
G
Indeed Yes
The NED bought 10000 outright yesterday did she not senitdoneit
Well that's encouraging that a non exec Director has bought not an insignificant amount of shares ..perfect good for her
Thanks Poker and Mary
I know it might come across this way but I've been reasonably successfully trading since retirement in 2009....its now my job
Poker: I will drill down on the cash flow ref the debt but to increase it by that level in 1 year is a red flag to me
Mary
Thanks for sharing your strategy... I will read it and read it again...Must admit I tend to go I with hefty chunks once my decision to buy has been made....an example being BP. Prior to Deep Water Horison....it took me years to recover the paper losses andbturn it into a profit.
I bought and sold into the recovery but not as discipline as your strategy...My Pot has come from the markets...
I agree Hind head that it appears that their are decent folk on this site
Mary / Rhinocol
Firstly thanks Mary and yes I'm not a troll. In my observations most of tgebfights / Spats come on the boards where there has been massive declines in an SP . They also appear when the Shorters are very active. It can be a distraction but easy to overlook and focus on the sincere posters who can bring a lot to the party
Thanks Mary for the formula even though its kinda gone over my head and above my ininterlectual level..
I think you stated at 9ne point that you were in the Financial Sector ..not sure but an IFA..any chance you can review my recent posts about Wood Groups increased debt
Cheers
G
In fairness Mary it would be a lot easier to understand if you replaced the "x's" with real figures . Better stilling you put the dates and times of all the trades
Ehhr well for me it would anyway
No body has responded to my question about the 49% increase in debt in last financial....I could have got it wrong but the lack of response begs Question
Mary
Any chance you could have a quick look
Thanks
G
Sorry 736 to 1094 ??
Was about to press the buy button ....just speed read Dec 2023 year end figures
Everything looked fine and dandy until the net debt ....which had increased by 49 % ish from 743million ish to wel over 1 billion
No worries Mary
I have not got a twitter account and was going to set one up when you stated yours..I'm a bit of a technophobe myself ..
I doubt whether I will dip my toes into the water here until I see some recovery..
The guys posting below seem to have the measure as well