I know them quite well. Outsourcing is still on the up but margins squeezed and Brexit wont help this. But they have been around for a while so will just have to become leaner. Solid business in my view and a well known brand. Finger in the air before end of year would be ~750p
Standard cyclic moves....check previous years and its clear to see when to take profit. Those who missed peak in Jan/Feb just need to sit tight until Jan/Feb 2018. GLA DYOR.
Long on this ~18-24 months. Troubles are being addressed. All eyes on new CEO pick. Will probably follow recently oscillations between mid/late 400s -> 520s until next bit of positive news. GLA DYOR
Market shenanigans. Check historical data from ~2009 and it pretty much traces this path. Sit on your hands and hopefully next set of positive data will push it up. ^^
The price surges across the UK is mostly as a result of lower GBP FX. For overseas buyers the shares are super cheap while companies lose asset value. I would estimate prices drop similarly should we see GBP recovery.
As a guess some of the institutional guys are taking some profit at these levels or top slicing. Most have large positions so makes sense to cash in 10-20% at price goes up. Good luck all! DYOR.