Incredible really, hopefully your good luck with carry over here at some point
Haha, thanks Paddy. I was thinking of you this morning too with the WG news. Are you going back in again there?
Giving 50% to the government
Definitely feels in this case that we would have all been better off selling out in the week before ex divi and then buying back in after it dropped on ex divi. Makes a mockery of the whole setup really.
Thanks both, that's ridiculous when you think about it, but unsurprising given this country wants to bleed us dry
I did wonder about this. If I sold out now, having had a huge capital loss here. Would I not be able to right the dividend off against the loss I've suffered? (By the way I'm not planning to sell, I'm just curious)
Thanks confluence, you too. I was only kidding, I have faith in this and believe a turn up in fortunes is long overdue
Rising share price? I think you're on the wrong board
Hope you're right KG, this is depressing
Someone projected this would be massively up by the time the dividend was paid. Seems anyone reinvesting is in for a bargain.
The amount of trades in the uncrossing trade has doubled the days trades. Still only 700k total for the day.
You can see how they are manipulating it so easily.
The last couple of days the volume has been really small. Today incredibly so (less than 350k trades 15 mins before close)
Hopefully you haven't bought Mobico back just yet, it looks like we're heading back down again so at least you won't have lost out here
Thanks Josey. I'm amazed THG is still approx 10% up from when the bid news was announced and also 10% up from the opening price this morning in fact.
Mobico is the perfect company to take on rail contracts if you ask me. They have a successful track record of delivering quality train services in Germany now and when the train drivers go on strike or there are issues on the line, they have the coach infrastructure to ensure that passengers can still complete their journey.
Thanks Paddy. Agreed ASOS is much riskier, I just can't understand how a good stock like NEX can be held down at COVID lows without even a dead cat bounce, yet ASOS which had a comparitavily awful update can bounce of it's lows in a matter of hours like it has.
Thanks Josey. Previously you said
RE: Flushing out the truth21 Apr 2023 08:03
I think you just have to sit tight and let anything that might be going on, play out. I really think another week or so at these levels and this becomes heavily oversold and you would only be talking a few weeks till a decent 15-20% bounce.
I think July will yield a lower % margin on the increased revenue because of wage inflation catch up which comes in H2. It’s just going to be a long haul back up to the 200 plus mark in my opinion.
Of course an offer smashes that and we can but hope.
This is not a dig, I am not a chartist so genuinely don't understand these metrics, but I'm curious what has changed from this being on the brink of very oversold to now mid range?
I did that with Docs to buy more here Paddy. The thing with ASOS that really frustrates me is that it can fly up by 15% in an hour, yet that trading update was terrible. It looks in a much worse state than NEX which is actually profitable already, but noone seems to have spotted that this is oversols.
Josey, didn't you say this should be flagged as oversold soon a couple of weeks ago?
Hi Josey, you're braver than I am. I can see why you're doing it and I'm sorely tempted when I see things like this, but I just feel that there's some reason NEX is being held back and it's going to shoot up when it becomes apparent so stop myself.
I've missed so many recovery stories whilst I've been stuck in this rut. Looks like that's another one.