The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I think I'm going to see where this goes tomorrow and perhaps place a 10K short CFD. No way that this can hold this sort of price.
Gents. Don't you think this valuation a bit high? I can see a boohoo type-sell off with this one, bringing the share price down to something that reflects a more accurate EPS.
This share is on fire. Been watching it for a while, but always backed out thinking that short term growth will end. Gents, my question is, what are these consistent rises on the back of?
...Galvan weekly investment journal. I'm in for £5k here. "On Wednesday, online fashion retailer ASOS (ASC) will be releasing interim results. Shares fell as much as 20% in mid-March when ASOS announced an increase in spending from £55m to at least £68m in order to deliver longer-term growth. Analysts also believe there will be a fall in full-year profits. “The lowered full-year operating margin guidance and raised capex support our longer term thesis that the cost of growth will keep coming in higher than market expectations for ASOS,” analysts at Liberum said, adding the guidance implied a full-year pre-tax profit of £65m, 7% below consensus. ASOS of course also faces increased competition from recently floated Boohoo.com"
Are due to be posted on Wednesday, Analysts predicting news that, for immediate SP, isn't good. Utoh...
Just discovered I have twice as many share in AGM as I had previously thought. Looks like my record keeping isn't quite up to scratch!
After a moments reflection, I'd put the jump down to a combination of the Budget and RNS. This RNS mentions interim results. The first set of interim results since flotation. Would anyone agree that it could be the first financial/SP acid test?
And suddenly it all makes sense. Thanks a bunch.
A 15% gain on RNS news. Only, the RNS news was that some news in coming. Fingers crossed for some more happy days! I have an itch for a 10k CFD...
Folks, this board has rapidly turned into something akin to a teenagers FB...full of subjective ramblings that no one cares about. Can we all try and stick to fact, serious opinion and interesting/applicable news. That way, the many who value these boards will no longer have to wade through pages of nonsense. Many thanks. Initforpips.
With a 10k CFD at 378. Scott_JD, you in? Limit order not in place today; I think i'll hold onto this one and see what happens next week.
Just sold my 10k CFD exposure for £1032 up. Ready to buy in on the inevitable drop (370ish) tomorrow, holding until sometime next week.
What an interesting first day! 401p peak, followed by a swift dive to 369p. There are profits to be made here and I'll be gambling on the same occurring tomorrow. Limit order 405p ready to buy back in upon the drop. Views?
I'm a little over £700 up. How about you? Did you try Pets at home too? I couldn't chance two IPOs in one day!
Got in on a 10k exposure this morning via CFD. I am holding my breath. In at 357p...currently ranging at £150-400 loss. GLA!
Oh I'll be buying in on the next dip which will occur some time this week, as usual. Just trying (read: hoping) to take advantage of the cyclical SP
I sold my remaining shares today at 602p. With the peaks and troughs of this share I've decided to buy/sell more frequently for smaller but more frequent gains. Observations about this strategy will be most welome...
There is a nice "Buy" recommendation in the current edition of Investors Chronicle. Many small, but exciting, mentions of growth areas. I'm holding on for the ride.....
A nice piece on IPO...signal price 198.00 and target price of 250.00
Certainly hadn't foreseen this little drop in SP. For what they have under the belt, I'm surprised by this cheap price.