The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Hi all, you're technicals are looking strong here.
Similar to ASOS attempted breakout happening today.
https://ibb.co/6n02qvq
Would be nice to break the resistance
https://ibb.co/wB5CCzP
Thanks for your feedback Simon.
I too would not be exiting if the SP was to naturally breakout north of here.Once we start moving I think you will see an influx of retail investors jump aboard just as the macros reduce further.
As for a takeover situation, yes I agree, it completely depends on the situation, the sum offered and potential counter offers by third parties.
1040 weeks have gone by were GCM holders were 'expecting news this week'
@investinggenius Why this week?
'Close to a significant turnaround'
How do you know it's close?
Why just say this drivel when it's really what you are hoping for?
Username doesn't check out.
@Simon From memory, you have the same average as myself, circa 600p.
'When' (positive vibes)we hit 600p again would you escape this stock or would you see a rise to 600p a positive sign, thus blazing the trail to recovery and hold on for say over £10?
You make some good points and I do agree that it is partly down to management's fault.
I do think 11% inflation has played a big part too.
Even if inventory levels were kept at reasonable levels and management had done everything right, I don't think the picture would of been that much different as people have simply cut back as their money dried up.
Apologies if already posted.
https://www.ft.com/content/82d79450-6d3c-4d6b-9ddb-99f2f3e41527