The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
As some guide for what it is worth, on the 23rd Jan the shares dropped from 2762 to 2598 which was the day before the good trading update. Then on 24th Jan the shares flew back and higher right up to 2948. Then they dropped to 2649 on the 25th and continued to drop right down to 2461 on 29th Jan. Since then they have always been above that but have been yo- yoing and are now back to 2591. From that you can see that the market is being very fickle with this great company. We can assume from the January trading update and other indicators that the results will be impressive HOWEVER, like Mystic Meg, one needs a crystal ball these days to make any prediction how the Sp is going to react. With Friday's fall and maybe another fall tomorrow my view, for what it is worth, is that the same pattern will happen this time, but please DYOR.
Very correct Joe. But this government does spend a lot of our money here on roads and railways. However much of it is wasted on schemes which are not value for money. Look at the cost over run on HS2 and the cross city link. Our Transport Ministers do not have the knowledge or experience to sort it out. One can see that the money we send to the EU which is then spent on the roads and railways in Spain and France etc. is not wasted. They get the construction right and on time.
Well if this is you IMHO NOW is the time to get in before the action over the next month.
I agree with you 2011refolution. However such interviews are usually arranged prior to the broadcast. Accordingly the questions being asked are the ones that the Co's want to be asked. They have the answers all ready therefore. IMO just consider this one as a PR exercise prior to the on line business starting up on the 3rd September. IMO one would not want to take this solely into account when making your investment decisions for this company. IMO once the next RSN comes that will be the life changer for those with the shares, particulaly if you are buying now below 105.00.
It always amazes me that just when a share SP profile continues to rise up like the side of Snowdon sellers appear without taking the trouble to wait until the first sign of a 2% drop.Patience everyone IQE is just on the thresh hold IMO.
It's another warm day and this will continue for at least a week or so. When it is warm we know that the sales at Boohoo rocket. This has been going on for some time so this quarter's sales will be the best yet IMHO for each of the group's sectors. Accordingly with that knowledge now is the time to be buying when the SP is still under 210 ready for the good news at the next update.
IMHO now is the time to buy AND hold. Just let the company get on doing what they have been doing from the start. It is the overall company increase to focus on. Obviously in any of the four sectors there will be leaders but overall it will average out increasing each quarter. This year with the new infrastructure in place will see our lovely BOOHOO dominate the online market. Summer is on its way so just enjoy the ride. .
We had the same thing that happened with the Watkins Jones Group ( WJG). A real good set of results and then the CEO sold 5M shares. However the company told us via a RNS (which you can read here) that he had to sell at that time to fund his divorce., He also told us that was stepping down as CEO ONLY when a new one had been ap;pointed. Knowing what a good chap he has been for the company the market accepted that reason and we then knew that it was not something bad coming in the pipeline. Now all this shows the correct way for a company to deal with the PI's in this situation. Will BOOHOO tell us more so that the market can regain some forward momentum after such a good set of results.
Here we go again. The usual market reaction to this company. They will be wanting blood next. Anyway just let "them" get on with it and you should see the usual rise in a month or so and then continue rising up to the next up date .Having seen it all before IMHO sell the day before to get the benefit of that quarter's rise and so it will go on and on.
Nothing I have seen today results IMO for the SP to remain above 3800