Member Info for gssvejk

I'll be sending my invoice to Terry for this bit of high quality strategic advice...........

i've seen this a couple of times before at the fag end of a short attack... a friendly broker comes in with a sell recommendation to help the vultures offload. Watch the short positions over the next few days.

if you want to lose business then use Hermes /Evri ... they are absolutely bottom of the barrel.

GLS alone is worth rather more than your suggested price target. Suspect that shorters will cash in their chips shortly. RMG has left scope to improve their pay offer which will be covered by cost savings and price increases. Excessive gloom overdone.

They might as well wind it up.....and return the NAV discount to long suffering holders.

Oops .... unfortunately you're right. However I guess the key figure is the gap between increased wage costs and increased prices passed on to consumer....I suspect this number wouldn't justify a billion in market cap reduction

of course if you want to be conspiratorial about this.... a mickey mouse broker downgrade is often the last leg of a short attack. When a heavily shorted Bab**** were floundering at about £2.00 a while back Barclays kindly issued a sell note with 1.47 as a target price...price today £3.35

I don't really see how an unanticipated few % extra on the wage bill (say 20-30m a year) justifies the cratering of the share price in the context of current profit levels

with the nature of the shareholdings and a 10-12% NAV discount it's probably a low risk source of diversification/ reasonable return

I think that a few cash rich vultures have been spotted ........

Quoting Motley Fool is never a great idea.......

Bab results state 'Underlying operating profit excl. one-off CPBS adjustments was £222.4 million.'......
Vast majority of the impacts of the CPBS are one-off and do not change future cash flows
? Recurring CPBS adjustment to underlying operating profit of only around £25 million per annum

Unless he has already had takeover related discussions in which case he would not be able to trade... remember that absence of director purchases can sometimes be the most promising news of all....

I've been here before with Cobham and Inmarsat....had my bacon saved by a bid.

That's my rough guess

Lockwood's PE mates will be along in a few months time......

time was when that sort of swing was driven by news rather than manipulation.......

Poss some realisation of gains before end of tax year?

Indeed - I'm following it on Shorttracker and the recent increase in position of 0.16% of all shares outstanding is enough to knock down the price a fair bit in the context of typical daily volumes. That's why the threshold for reporting should be way lower than 0.5% IMHO

GLG increased their short position . It's been a while since they were last fined for illegal market manipulation.

today's Uber ruling Has to be good for RMG ... Should help level playing field vs gig economy players