Member Info for Lordy2020

Nice Idea BUT... How does any takeover company get rid or absorb the debt?

Looks like the downward trend continues. Does anyone have an opinion of where the bottom level might be. I'm thinking about 14p and them a bit of upside? imho

The time to buy will be when it goes down to 14p! Probably on Monday or Tuesday next week.

Good point, but circumstances re employment have impacted on cash flow!

Unfortunately this will now go sub 20 again. Bailed out today with a 10k profit, any profit is worth taking. But will be back in once 18 or 19 appears again

shame it wasn't a shorter getting out!

A case of the mm's rinsing every drop they can to scare off the weak.

Thanks that was really informative!

Sorry - but what exactly do you mean by "gap filled"? thanks

Thank you for the info.

Apologies for being thick, but when are the next set of results due to be published, please?

Oh my word there is a lot of rubbish written here. If you hold for a quick profit forget it! The AA has been decimated by bad debt, bad publicity, bad performance, previous bad management and market sentiment. The only things that will produce better returns for investors are: Improved performance, consistent over a period of time. Debt reduction that they are now making some headway with and increasing the membership and consumer base for recovery and insurance policies.

This stock will climb, but not quickly and anyone who thinks, with this level of debt, that the AA is ripe for a takeover - Forget it, its simply not attractive. I hold this stock and want to see it produce, but its for the intermediate and long term investor.

Really and which investment firms might these be?

The IC continues to show a real bias against this stock, judging by yesterdays article. What they fail to mention is that the over debt gearing levels are reducing. Looking at the PE ration and the fact that the downturn will only have limited impact I think a realistic price in the short term would be around 35p

Its obvious this is being dragged down by overall market sentiment today. In addition a stellar rise yesterday is, in the current conditions, bound to produce a few closing their positions for a quick small buck. I hold these shares for the long term (1y +), messing about day trading is not an attractive proposition for this stock, in my view.