RE: What is going on!?24 Nov 2017 14:59
Whilst dropping out of the FTSE 100 is not ideal - i wouldn't be too concerned about it. I recall buying into MGGT in Oct 2015 on a retraction in its SP. Then 2 months later in early Dec 2015 it was relegated to the FTSE 250, and i remember thinking maybe I had made a big mistake - but not so - since then its done rather well for itself - I am up 30% in the 2years + divis. One of my better recent performers. I personally don't agree with the lack of sentiment for BAB at the moment. Profitable, strong Div, large pre- order book for the next 2 years. It seems that brokers and MM's are looking at any opportunities to de value shares at the moment on any sign of weakness in their eyes - (GSK / HIK / CNA / BT / BAB / UU / NG / MKS / VM ) - Stay firm enjoy the divs and buy on the dips. GLA