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Nevermind.. the results... should be good, hoping this will go over £1+
Great analysis, I think this could hit anywhere between 15-30p this summer. Consequently I have averaged up here, buying in at 8p- very positive to see that this is on the move and will hopefully gain the attention of more potential shareholders
What is happening in July may I ask?
Just tried to buy 1k here but has to be negotiated- tightly held shares considering, though may be a good thing
Lowered my buy-target to 0.45- target 3p in a few weeks 8-)
Good build up going on, just need some news
May buy a small chunk here, can't beat a profitable company. Also think this should do well in post-vaccine economy given the firm's strategy.
Think this could be a slow burner now, like most hospitality shares. The hope is that the next report(s) will give solid statistics rather than just positive estimates, then we'll see a rerate back to pre-pandemic SP levels.
Chill out drops are just profit takers, should never just buy in on a spike
Buy in target of 0.4p incoming
I'm tempted to drop in, though profit taking will push this down for now= looking for a 0.4p buy in target.
3p incoming in a few weeks IMO
Yes correct, though I was talking about the company's fundamentals in terms of its apparatus rather than it's share ratios. Just pointing out that RBG was better utilising its finances by the end of 2019 (unlike the 2017/18 days), hence the uptick in share price at the end of the year. I think it would have continued to the £1 levels if it wasn't for covid.
I think this positive utilisation will continue into the post-covid era (particularly good CFO) and hopefully we can look back as covid being just an awful blip. With these factors combined with positive sentiment I've set my sights on a 50p target this summer.
Few chunky sells today but just profit taking me thinks- nice rise to £1 on the cards and then once more acquisition news is announced this should rocket
Can someone tell me when the next announcement here is? May mention Brexit impact too
Positive RNS overall- great outlook in terms of liquidity. RBG was hitting the 80p levels prior to covid as a result to its renewed profitable structure. Yet now with customers returning on a major scale, allowing for debts being payed off and profitability to return, I can see these shares returning to at least 50p this summer.
Currently seeing a major wyckoff wave pattern at the moment, this will be a great multi-bagger medium-long term IMO.
I've sold here as I think consumers are going to focus more on outdoors (I think everyone has had enough of doing things indoors/ on their houses for now). I've Invested in the likes of RBG, FUL and CRL as I think people just will want to just doll themselves up and get drunk from now until xmas....
Nevertheless I think this is a nice medium term hold, nice steady rise will continue to at least £1... great one for the pension pot CDF :)
GLA over and out
Just need money and news to start rolling in now... :)