Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Whatever happens there's no money to be made here for shareholders. If I were a holder, and I'm happy to say I'm not, I would be selling up for whatever pittance I could get - and running for the hills.
"Oasis need to come up with some hard evidence that RTN are badly managed and have no coherent strategy"
Going by the share price, the market appears to agree with Oasis.
There's no denying the share price performance has been abysmal - I tend to agree with Oasis that a shake up is required. Clearly there's resistance at the top, as you'd expect in these situations. An activist investor, imo, is a good thing. When the share price is languishing and the company doesn't appear to have much of a clue how to reignite interest, sometimes it needs someone with clout to go in there and not be afraid to ruffle a few feathers in an attempt to turn things around.
Humans are naturally filthy, disgusting creatures whose activities attract a lot of pests. Rentokill is the world's biggest pest controller - as the population continues to boom due to our inability to stop multiplying like mice, business will continue to boom for this company - at some point soon the US acquisition is really going to pay off and the share price will ultimately move a lot higher.
Once the dust settles, this will probably rally again. It looks unlikely to fall below £5. Next week will probably see this bounce.
I think this could hit £1.02 to maybe £1.05 this side of results and possibly a 5% to 10% rise if results are good sending the share price to perhaps £1.10 to £1.15 before the end of this week. If results are particularly good, could perhaps add another 5p or so to those figures?
Longer term, I think there's far more upside to be had here. This is easily heading £1.50+ over the next year or so.
They've repeated the same mistakes made by the Cineworld bod - that of trying to expand too quickly and by too much, and taking on too much debt in the process. It's a strategy that has had a catastrophic effect on the Cineworld share price resulting in a 99% crash from nearly £4 a share to just 4p today. And the company on the brink of bankruptcy. There's a real risk it won't end well here either.
Chart looking bullish for a move above £1 next week
Broker ratings offer *some* confidence, but it's a false sense of security - they're not insiders and know no more about future price movement than anyone else.
"Problems in a company are like ****roaches in the kitchen. You will never find just one” - Warren Buffett
The share price action suggests to me all is not well behind the scenes. There's a reason why the share price keeps falling - and it has nothing to do with low volumes.
If they hadn't bought William Hill this would still be in the £££'s. The share price tanked shortly after news of the acquisition - too much debt. The market doesn't like it.
WASHINGTON — The U.S. Air Force’s rollout of its new B-21 Raider stealth bomber in December was just one piece of the puzzle in creating a future two-bomber fleet. The biggest changes are yet to come.
Rolls-Royce and Boeing are working on a major upgrade to the service’s fleet of 76 Cold War-era B-52 Stratofortresses that will give them a new slate of F130 engines and keep them flying into the 2050s, alongside at least 100 B-21s.
https://www.defensenews.com/air/2023/01/09/how-to-re-engine-a-b-52-and-make-a-new-bomber-fleet/
The FTSE won't come off its high. Asian markets recently entered bull market territory and the US and European markets will follow soon, probably by around April at the latest. At which point we'll see the FTSE 100 moving sharply higher towards 10,000.
"I’m a long-term investor. The prospects for the Cineworld share price look dire to me when taking the long view, so I’m running a mile from this company"
https://www.fool.co.uk/2023/02/07/is-penny-stock-cineworld-a-cheap-buy-at-under-5p/
What % or number of the NEX fleet of buses are electric? Going green is a huge cost. And NEX has a lot of debt already.
Nearly 3,000 trades! unbelievable some actually believe this fall has anything to do with low volume!
The fall is reminiscent of a major holder offloading in the background.
# Trades 2,466
Vol. Sold 1,044,696
Sold Value £1,401,767.38
Vol. Bought 2,280,398
Bought Value £3,034,100.32
These are not small numbers. These are not small trades. Time to stop making excuses and blaming the fall on low volume. Low volume it is not. Something else is going on here imv, be that shorters, a leak of some description or a large background seller.
Why are we blaming the falling share price on low volume? 2,000+ trades a day isn't low volume. It's actually a lot more than many large FTSE companies has in a typical day. In my opinion something else is going on here.
The dow is reacting positively to today's comments by fed chair Jerome Powell. Could be a good day tomorrow.
https://www.cnbc.com/2023/02/06/stock-market-futures-open-to-close-news.html