Member Info for LongerGuy

I can't believe how rapid the turnaround has been there, this feels like it's being primed for the same though which is why I made the move yesterday.

That had its drop off because of the record fine and concerns around internal regulation. (I realise the bigger challenge of external regulation is still out there)

NEX on the other hand had a drop off from the 140s to this because of the strike and despite that being over hasn't recovered.

It could happen at anytime and doesn't necessarily need a catalyst in my view, just a really positive couple of days could see people start to jump in and it could snowball from there.

Whoops

Kij the fuel here is hedged so it doesn't have the same impact and the electric vehicles are heavily subsidised by the government.

I've been following this stock closely for ages and more recently it has been held in a range. I'm convinced this is the final piece of manipulation before it's allowed to run.

I did put a few things in my original post and like I say, I have been wrong before, but the news here is all positive and yet this is at it's covid lows. We shall see.

GI, previously the pairings were identical, even the timestamp. This could just be a 6m trade split couldn't it?

I've just put a sizeable bet on that not being the case JG (you might have seen my 3m buy...*joke*)

I think this is going to get an uptick very soon. I've had over 6 months of being wrong though so I wouldn't advise anyone to follow my lead.

Looking at the average price (117.70) I'm guessing this has been worked during the day, but it does say late reported?

So it seems I was right about this, but with such a big rise before results I have dropped out and have now gone all in here.

I swore I wouldn't do it and have held off for months, but it feels like now is the time for this bad boy to finally turn. Shorts are reducing, we're on the back of very positive annual results, the first dividend since the pandemic and are about to head into summer. There are still potential contract award notices for Dubai and Saudi Arabia, plus rumours of a takeover (and no director buys since the rumours started).

It's being held in a really right range (excluding the variation from the divi payment) and I just hope it breaks upwards now and not downwards.

I'm still underwater and hold a much bigger position than I ever imagined, but at least we've visited my average price at least once this year now.

Good luck all, it's the longs time now.

Thanks PC. If I compare my first 6 months 190ish to 130ish that doesn't look great, but if I'd been in for 12 months it would have halved so I've got to be grateful for that

Saying that I actually have a feeling this might have finally turned. We shall see I guess, but you're right I do look at this too much.

The stock right now is exactly half of what at the close a year ago.

Take a look at the trading updates and I'm sure you'll see this is in a much better place than then.

I envy anyone who has capital to buy in at this price now.

Unless good news lands this morning, looking at how the US dropped yesterday and knowing this has just gone ex divi I think I'm going to have to stay away from my phone for a while.

So I'm hugely down here (in case anyone couldn't guess), but it's really nice to think that tomorrow I have a nice little lump some coming my way. I've confident in the long term prospects here and although it seems I need even more patience than I've already shown, if I can get back to break even (which I believe it will) then suddenly tomorrow's dividend puts me into immediate profit territory.

GI, don't worry. If you bought today, it will register.

I believe it's all set by the opening auction. If, for example a takeover offer was announced in the morning RNS then this would open much higher as the demand would be there. On the flip side if the US market throws a wobbly and we suffer the hangover then this could open well below the 5p drop. It all depends on supply and demand come the open tomorrow.

If you bought today, even if it shows after hours, then you'll get the divi

Buy or sell?

Today was the last day to buy to get the dividend so everyone holding now, even if they sell first thing gets the dividend

Thanks all. It feels like I've been waiting for the next update for months and each time it comes, this has a rally and then falls further still.

On the flip side, maybe to offset the potential drop tomorrow from going ex-divi they'll announce some of this big news that has prevented the director buys? (I realise I'm dreaming, but there's still something bubbling I'm sure).

Also, given that the dividend is subject to shareholder vote, does that mean it might not drop by the full amount? Equally if it was voted against at the AGM, would it then instantly regain the dividend value? I realise it's all driven by the market, but there are still some variables to consider alongside the fact this is also so grossly undervalued.

Maybe instead of a dividend, since it hasn't had a positive impact on the price, we should buy back all the shares that were sold at £2.27 at the start of the pandemic. That would reverse the dilution long term holders have seen and might serve to raise the price as over 100m shares are taken off the market

It acts like it's in dire straits, yet when you look at the data in front of us and the positive updates it's the complete opposite.

I genuinely can't think of a stock I've seen like this elsewhere in that nothing seems to make it want to turn. Even a lauded trading update where people were desperate to get in under 140 just a month ago has evaporated and after the 5p divi tomorrow this could be back to it's covid lows.

It makes me question myself over and over, but I can't see any reason to justify it.

Dragging it's heels and moaning like a petulant child as always. Whilst if the market drops this will be gleefully running on ahead and ignoring all shouts to "slow down or someone is going to get hurt"