Member Info for joteller

The fact that prices rises don't kick in until May tell me 2 things:
1: the company have done a great job in resource management to have enough materials to keep their pricing flat while others in the market had to increase. This shows that Strix have great management.
2: holding off price rises so their respect for the channel and customers, and that Strix are in a strong position if they can keep prices flat. This means that Strix are strong and in a powerful position. It's the weak poor companies that have to raise prices so quickly reacting to knee jerks in the market.

If you also take into consideration that Strix have spent the past years in spend mode building the company, this was been do they can generate more revenue and increased margins, while at the same time their costs should be decreasing.

As the BoD are looking to increase dividend due in May 2022, there is potential that they will increase again for the interim dividend also that's due after that.

As such, it's rare to get a solid growth company that is regularly providing a divident, which makes this stock a golden ticket for investors.

Looks like final clearing of sellers and floor has formed.
3 day rule on drop from results done.
Dividend on its way, and looking good for a rerate back soon :)

So much potential, also for Strix themselves to be a target of a acquisition, which would be interesting.

Looks like the final round of big selling is done and clearing the decks for a new platform onwards and upwards

I bought some more this morning, and when I went to buy more at 201(ish), could not get a buy. Even 1 share buy would not go through.

Looks like a very big player is buying everything up. Expect this to jump to 230 again soon

We all know what's happening, the mM and funds are trading the price to pick up as much as possible as a dividend is on the way and the company are showing good growth. This will bounce hard once they have filled their pockets.

Can see a rally at the end of the day, and the price get ut back to the top once the players have eat as much as possible to hold.
Solid business with profit and dividend, what more can you want.

Yeah, looks like big buyer waiting to be reported:

Sold Value £261,479.97
Bought Value £633,332.10

Also look at the amount of 1 share sells, someone is trying to bring this down or keep it cheap SMH

@krustysmegna, yeah thought it would be an attack today to drive the price down and puck up cheap shares. The dividend on the table is going to be a big motivation to large funds, and with the CEO saying a strong profit in 2022 means that sell the sales post dividend will be easy.

I'm more surprised at how fast and easily this is dropping, which looks to me that there is a big buyer in the background.

It's clearly a tree shake at the moment with all the 1 share sells and trying to drop the price to pick up cheap shares to hold for the dividend coming.

Looks like the sells are slowing as no one left to sell. Should bounce soon and be a good afternoon.

I'm happy for the dividend, great to get at these times.

And very happy with the companys work, revenue, and profit.

The dividend will get this back up soon.

Wonder if we will see a stock buy back by the BoD while the price is cheap. Let them reduce available shares while they increase revenue and profit over 2022.

Considering the head winds and the cash used to get China manufacturing going, the company are in a great position to ramp up so big numbers.

Tomorrow morning could see this easily open up, with dividend on the table, buying up and holding is a good strategy to make easy money

Looks like the final of the sellers are being cleaned out and autos triggered. Should see consolidation and a move back up to hold for dividend payments.

Also the increase in dividend looks very nice.

Great share to load up on and make some free money :)

Results looked decent, and the reduction in cash held is due to investments in new factory which is revenue generating.

Looks like this will bounce, was just a tree shake post results

Looking oversold and due for a bounce today

This looks like it wants to push back to the 1800 and sit there for a while. Grab while you can, asos are one of the dominant fashion retailers now and summer is on its way!

Price is marching back to upper 20's
Selling done, floor reached, time to rerate

1.2b for 3b if revenue, X5 years = 15b revenue with about 500m profit.

Sounds line a bargain to me. Fingers cross an investment firm sets in a buys capita this week for 50p a share