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TIA raleigh? Glad you are ok now. Wonderful stuff willow bark.
Still in, no stress. Riding the so called market 'correction' aka a retracement.
Although it shrank 1.5% in first quarter.
'UK economy gears up for recovery, grows 2.1% in March'
Reuters
Raleigh , from your post and this thread i gather the lunatic is back. Presumably telling us how his prediction of 20% down on 1st of may has come to be since we are 1.5% down today? Some what unsurprisingly literally nothing mystic meg has said has come to fruition. Block him and save yourself the energy, you will need it to carry that washing line.
I agree. We dont seem to follow the ftse or the 250 though and certainly not the Dow.
Absolutely rein and its carnage out there today raleigh. But we are well undervalued with very promising recent updates so it is only to be expected that we hold on to some of those gains. No real resistance until 58/59 and even that is not strong so this is just a little blip against the prevailing winds. Very welcome day for a little trading.
Such is the appeal of technical trading.
Still, always good to have multiple ideas backing each other up.
And what a fine line it shall be. If you are not careful you will be affording one of those brabantia models.
Raleigh, someones buying these and it isnt retail!
Appleby, would love to see the details of how you came to those numbers. For me, it coincides very nicely with the gap 119.25 - 99.47 on the daily which is just begging to be filled.
You may of course be right. We shall see. As long as the bid is reasonably well north of here im not too fussed.
Agree with the upside rein. Plenty of reasons to hang onto ones shares for a bit longer. But I'm not sure CDandR want to make a bid. I think they would have done so already if that was the case.
I too will be delighted. I expect it was merely a hedge position though.
You are a cool customer raleigh. I check it daily! If they are hedging it matters little, I agree. But if it's naked and they have to cover circa 40M shares it should get interesting around here.
Raleigh, what do you think? Might we see ennismore begin to close their hedge position or will they want more concrete evidence?
Agreed raleigh, they have. At least they are acknowledging the progress we are making and bumping their price up accordingly (albeit lagging a little)
Looks like they went on a bit of a stop hunting trip this morning. See if they allow it to move onwards now.
And good old Jefferies with their 'forward' looking predictions
JEFFERIES RAISES SIG PRICE TARGET TO 48.80 (41.70) PENCE - 'HOLD'
Those broker targets always seem to be a little behind.
Peel Hunt raises TP on stock to 56p from 45p; "buy" rating