Member Info for Jab1tt

Fantastic results and bang on target.
Berenberg issued a buy upped its target price to £162 - £170 per share.l

today's markets are so weird.
This result has bee known ever since the last trading update but SP sinks until the result are announced.
Better late than never I suppose.

Why is this happening?
There is no news today.

mkwarriors
I'm sure you are right, but where did that information come from?

I sold out a few days ago.
At its highest i was up 246% but stupidly watched the price drop from 12p to 7p.
I still made good profit but am glad I now have more cash.
IMV there is too much technical analysis of the merits of this company and not enough of the essentials . I read that profits are not expected until 2024 and the SP is even now seven times more than the annual turnover. There are also many other companies competing in this very technical market and with far bigger pockets than SEE.
I shall keep watching but will not reinvest unless the SP starts rising i or falls dramatically

Those who denigrate seem to forget that Federated Hermes bought 10% of See on 11th of this month.
If that does not show confidence I don’t know what does.

Rise this am prompted by the takeover offer for Clipper logistics I think.
You never know. Could be us next.

Fantastic trade update this am. Forecast EBT of 7.8 mill, it’s highest profit yet and puts it on a forward PE of about 9.
It’s a give away. Fill your boots as I just topped up this am.

Total value of all lifetime contracts= 325 mill Aus dollars.
In sterling this equates to £ 176 mill.
Total market cap of company = £440 mill.
How does this work out?

Thanks for the info Aquae.

I can only suppose that it was the same or less as forecast profits, but not sure where you find that these days without paying for it.

Vietnamese companies get most of their bounce from China out sourceing since wages are still far lower in Vietnam - also from Hong Cong too.

Been invested here for over a year and half. Up 73% so far.

Great results for the half year out today.
Cannot understand the tepid response of the SP.

Tipped today by Questor in the Daily Telegragh, though price has not reacted much.

Have just discovered his brief mention of CMC.

I was surprised because his stop loss was set at 220p and we are not there yet.

Robina,

I am assuming from your post that NT means "thenakedtrader?"

Where did you get that from?
I have searched the NT update today and no trace of him selling CMCX.

?

Been eyeing this for some time now, ever since the decline started.

Thought of selling but each time I have done so in the past I have ended up buying back at a higher price, which with the Christmas period coming must be a good time to watch the price rise as people buy their hopefully GAW presents.

Blimey! What timing. They must have red faces today. They might have waited for the trading update.

I'm still hanging is as I think the fall is overdone and SP will recover at least some of its losses.

Still think they are being shorted today looking at no of buys and sells.

Far more shares being bought than sold.

Someone is shorting the stock.