Member Info for hey_arnold

https://www.investorschronicle.co.uk/ideas/2021/03/23/exploit-an-undervalued-property-play/

https://www.investorschronicle.co.uk/ideas/2021/03/23/exploit-an-undervalued-property-play/

As someone already mentioned, you would have thought the price that the Alliance brothers bought in at should be a floor, but we will see.

Does get very tedious doesn't it all this shorting. I hope they have ok results.

I think this is being shorted currently, hence the drop and blackrock are gently using it to buy back their short.

No idea if this is related but the suez canal being blocked could possibly have an effect on N brown, wondering if that has anything to do with it getting sold today. (Im clutching at straws).

BlackRock reduced their short on another funding opening a short position so it's still not a great situation

Any stock with a high P/E is likely to continue to get hammered. This is one of them. Still a good short at these levels.

This is still a good short at this level.

I give you two weeks before you get bored like others that come and go.

This is going to keep getting hammered if inflation does turn out to be an issue.

Its still cheap

Shorts are still trying to stop it going up, every rise gets stamped on.

Haha yes frustrating but really its short term noise, its irrelevant, just wait for 150p and do nothing before that.

Increased their holding as well. Reckon that was just to draw attention to what's happening here with another TR1, with directors buying and the Jefferies note.

Jefferies sees the company returning to profit growth from FY22, with scope for the “positive trajectory to continue into the medium term,” analyst Andrew Wade writes in a note

Thanks for this.

Yes exactly. I'm not sure why people think you can turn a company round in one quarter... This is a high conviction trade.

Low valuation, good turn around story in progress, low valuation, reduced debt levels, strong sales on low marketing, backed by reputable institutions and most importantly family owners that are happy to throw a lot of money at the company.

Patience will.be rewarded.

My bad. Just read the RNS.

Good spot whoever noticed yesterdays large buys, some funds obviously got hold of the data early.