Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I'm sitting on my hands ... big director buying, improving figures and growing markets for a wider variety of products, all give me the incentive to stay invested. Also held for years and have been on plenty of CPP roller coasters rides in that time! The 8 top major shareholders own over 95% of this company so it's pretty illiquid. Not sure if that works to the PI's benefit but ultimately am hoping so.
It's a strange situation at the moment ... think you're totally correct that Ted is a growing brand with a progressive divi and faultless figures (exceptional e-sales numbers) ... but we've got a bit of a perfect storm re the sp. Negative sentiment in retail (just look at the swings at Next/Superdry), caution from the company over the cold weather effect on spring sales and a jittery market are all playing their part. Plus, check out the historical charts, both in 2016 and 2017 around this time Ted's momentum cools and the sp slips. No doubt we'll see the uptrend resume though. Seems to be bouncing off 2500 so I'm watching and waiting, cheque in hand ready to re-board the Ted-express!
You may be correct ... seems to be support at 2950 where it gapped up. I'm happy with my decision though, no such thing as a bad profit (see there was also director selling at �30.50). Long term, have oodles of confidence in Ted, I will hold again I'm sure.
Hi FallingKnife1, that did make me smile about you having the aisles to yourself! I know what you mean about Ted's earning prospects and completly agree with you ... I buy Ted Baker products and find the website to be far superior to others, the customer service is brilliant and product quality, excellent. Their numbers never fail to impress (especially e-retail) and their strategy with store openings is sound. However, I placed a tight stop yesterday at �30.50 which triggered this morning and have left the party (temporarily!) I think you're right that 3300 is possible, can't see why 3600 actually can't be reached or north of that. But, there's a good chance (if history repeats itself), we'll see 2600 first. It just seems to be a share that investors lose interest in ... the sp falls after updates then news appears on the horizon which jolts it back into life and up we go again. Great company, great products, great strategy ... and a share with great potential :-))
What an amazing day. Like you FallingKnife1 I've been buying these for a while and this morning I smiled massively while reading the RNS. The sp has exceeded my expectations though! What will happen now? Can TED hold or will it retrace? I'd like to think the former (volume look good) but am braced for the later.
Congratulations on your sp predictions ... yipeeeeeeee!!!!
Looks like a good entry point to me. Hoping there's something positive in next month's figures. You are not alone!
Well Yorkshireman, 5 years ago the sp was around 60p ... if we rise from this level to that level I will be super duper happy!! Completely agree with you, hopefully the new figures will show how the company is now on a much better footing, targetting growing markets with quality products. Here's to a positive RNS!
Congrats, good timing! My stop loss kicked it today, shame as was enjoying the ride up. Looks like the sp hit similar highs same time last year before retreating. Really like the company so hoping to buy back in.
Hmm, not liking your inference with the 'girly' footballer comment. 50 years out of date! Agree with your summising of Sky otherwise.