Member Info for gregpeck7

Never seen the disconnect so large.... Lots of catching up to do here.

When a company has a market cap that is less than or similar to 2 years FCF you know that it’s a serious case of undervaluation. And this is very serious!

Remember they only get 25 percent of tawke so maybe an extra 1000 bopd. Still a lot of cash but not worth changing guidance over .

The value disconnect is just ridiculous.

Whether or not jupiter are out, another 65 million have changed hands (so far) this is way in excess of what they had left and if it gets to 100m by EOD thats 33% of the company traded - which is insane!

Its 10% of what it was a few days ago.. Its a cracking buy at these levels, it would not be here without the "bad" news, but the reaction is way overdone now.

Looks like its settling down (a bit)

Phil , I think thats why its down another 50 percent, but its where the adjustments are made. The fact no more impact on the cash suggests its an accountancy issue more than anything else.

Guidance is unchanged. That is the key point. This is an over reaction now (IMO)

https://citywire.com/investment-trust-insider/news/jupiter-uk-mid-cap-fund-nears-10-private-company-limit/a2389998

Middle of a heatwave you probably are not rushing to buy a chocolate bar lol … rsi still very oversold and negative. Sure this will to a big 20p plus rise day it’s just a case of being patient. The underlying business as shown on the recent tv prog is utterly superb. And it’s been updated now for scale. The hard legwork is done.

Great read on US cpi. Inflation bubble being popped. Govt support is coming here. Time to load up the battered and I mean battered retail sector.

Opened blue, some large delayed buys showed up from yesterday ( 2 for about 200k each ) someone is draining all the stock down at these levels.

Another great day. The fall here was significant and well overdone. Trading at almost 530p earlier this year. Stealing really at these prices when you look at just how well they are doing in the UK. Happy to take a 20p rise day, and I suspect at some point we will get one, but very happy with slow and steady buildup. I suspect we have not seen the last of the large scale buys either. It’s just a case of when they turn up. Fingers crossed another blues say tomorrow.

Holdings RNS out.

Its deffo had an impact, the re rate back towards a sensible valuation is finally starting.

Great programme. Basically a one hour advert. Makes you realise what a unique offer this is and what a high quality company it is as well. Could well be a lot of interest here tomorrow. Sellers will be kicking themselves. Back over 200p before we know it. Just look at how hard joules is coming back now. Retail sector has been ridiculously oversold and there are some tremendous opportunities out there. This is the number one risk reward though for me.

Also take a look at the cocoa price on the 3y . Clearly in a downtrend now. Which again. Good news.

https://markets.businessinsider.com/commodities/cocoa-price

https://markets.businessinsider.com/news/commodities/oil-price-outlook-crude-wti-brent-recession-economy-demand-citi-2022-8?amp

I know it’s the HOTC thread but if we can see an improvement on the input costs side that will be a real bright spot.

China has enough on its plate with its zero covid policy mate. They are just playing Billy big balls at the moment. No more. Taiwan would be an utter hell hole for them to get involved in.