Member Info for JG68

Assuming there's been a leak and the update will be positive, the only thing to derail this is a sell off tomorrow like they're currently doing in the b---y US.

Peterrobert
I know what you mean, a significant rerate on confirmation of the transformation, on 300k shares is a potential retirement pot.

The way this seems to spike each morning, if the results are half decent this could easily spike into the 30s tomorrow morning, if it finishes anywhere around where it is now.
I'm sitting on a mass of shares since averaging down since December, so the question for me is do I top slice 100k when I break even at 32.
Or do I hold the lot until next year, when dividends resume, and it properly rerates, assuming it dies

There has to be something leaked or behind the scenes, sector not up like this today, Serco only 1.5 %, not huge volume, what else could it be ?

You sound like an immature child who screeches told you so.
Most on here are investors looking long term, not chancers gambling on a company doing badly.
I get why hedge funds hedge their bets against long positions by also going short, but people like you belong in Ladbrokes.

It's so corrupt it's scandalous and they get away with it because it's not a well known Ftse stock.
Take this morning, it dropped down to 175 down 7% on literally 5 trades totalling about 8k, how can that be right or justified, just because it suited them.
Personally I think because this is not traded by PIs it goes under the radar and the fundamentals of the company are completely missed or just ignored.
It was good to see Kuvari reducing their short, but for me as soon as I recover my paper losses I'm gone because it feels like this is priced by individuals for their own needs and doesn't seem to follow sentiment or any sector each day.
This has been hammered the last 6 months and has not experienced any of the bounces, and for a growing company focusing on markets where inflation is not really an issue, if other companies with high debt and that are vulnerable to inflation can have good bounces in between sell offs this certainly should too, but it doesnt.

I know, 2 steps forward, 3 back, infuriating and not even sector related.

Is 303 new resistance level?

This is definitely being kept in a very tight range today since yesterday's fall

I think peel hunt have been quite generous in so much they have given CPI the benefit of the doubt, allowing that the transformation has taken a bit longer, and I completely agree that the real proof will be when the FY results show in the numbers.
Let's just hope that they are upbeat and focus on positives when updating the market.
If there are any headwinds to caution about, don't lead with that, lead with the good stuff.

Don't you mean new resistance old boy.

Come on Paddyboy, no bed wetting please !!

Exactly!
The only crumb of consolation is that wood is also down 5% + today.
UK stock markets are dire.

MarkBell
This is what I thought so can only conclude that the significant whacking it took was fear and sentiment based similar to what is occurring on the Nasdaq in general.
It seems markets are not even able to look 6 months ahead currently
I've used this to average down ti 330 and happy to receivecthe dividends at that level.

We know that revenue was forecast to fall this year anyway, does anyone know by how much they exceeded the forecast reduction?

And does anyone think that it was more the licence reductions that caused this large fall?

No bounce here at all, anyone would have thought this is a high value tech stock with a high forward PE, its been hammered like that.

It's not even 2.30!!

Markets going to have a poor day by the looks of it, so not a good day for poor results.

It's ludicrous that both ftse indexes always fall when the dow and nasdaq fall, bur they're both flying today and look at UK undervalued beaten down stocks, we're not getting the bounce.
And then in all likelihood the inflation figures will be grim tomorrow and we will have a poor day tomorrow also.
UK markets are awful.

All indexes up, Dow well up, oil up, and this down down down, baffling.