Member Info for Gerry557

Did you buy? I was hoping for it to drop a little further, into bargain territory to top up but it looks like it is following the market back up. Might have to wait to a bad news day. Maybe that office was small chips at the time and was taking up too much time compared to "bigger" issues on the go at that time. I would always travel 1st class ..... when someone else is paying!

The share price had risen from 185 area, mid last year up to a peak of 220+ in May. It has subsequently fallen back to the 180s and below its 200 day average. Was this all in the back of QE? Ive not seen anything else to drive the price down and this was seen as a bit of a bargain on a big discount below 160. I watched the cars flowing into their Leeds car park on my last visit that way and this looks to be approaching value territory.

One has to consider what will happen when the two main contracts expire. Hopefully more options are being considered and once they filter through it will support the share price....... but when it all goes quiet, the share price falls, awaiting the next contract announcement. The price is rising as this extension filters through but I think it will drop again towards the end of the year if nothing is announced. APR do seem to be improving in all areas and if this continues so should the price but what do I know. Do not want to wish very bad weather on someone just to get a new contract but every cloud.............

Looking at the charts in hindsight, it looking like you might be correct. Lets hope I haven't been the kiss of death on this now.

I think it was the Libya contract extension, See the RNS yesterday. they are now almost at last years output in half the time. The price is still below the price before last years accounting issue yet they are now bigger and have more capacity and incomes are improving. This has risen in a falling market. They are now relying on two big contracts but any more contract announcements should push this higher. Contracts like this tend to be lumpy so prices swing more with the mood hence yesterdays big rise.