The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Surprised we are this low to be honest. I will be topping up around here
Oculus here's the thing. Nothing has changed aside from people selling and the price dropping. Hence imho you are selling because others are selling and not because things have changed. For me this is the definition of panic selling, which I totally understand as its not pleasant at the minute
If the results are bad you will have done well to get out, however if they are not then...
Oculus grow some balls mate. This should be a long term investment. You shouldnt watch it daily (like me!)
If you do sell I think you will look back in a year or two and find the loss you took is now double profit (well 700+)
WEB4 ADVFN
They won’t put anything out as it’s not significant. The options market that morning was not trading at all and market prices were generally bid at 1 and offered at 1000. It’s not unreasonable for Plus 500 not to quote these. The customers bet was only 1000 euros and if he was so concerned he could have bought futures to eliminate his risk. A waste of the court’s time and another buying opportunity until people realise the above
Also strong tech earnings coming into Wall St left right and centre which hopefully bodes well here
Its just the silence is deafening....
30 Jun 2021 - 31 Aug 2021 is the period they sold £598k worth (their entire stake)
Im as frustrated as blu but It doesnt concern me as BlackRock, M&G , APG Asset Management ,Dodge & Cox
& Jennison Associates have all added in a similar time frame
Super thanks Rare_Grove I will wait for £1.85 before topping / bottoming up again
You the man!
As its known in the trade "Stories of Nuri"
Nether the less Im buying more
And will do so at every level down until it bottoms
I will catch that knife!
Understand..my brains nots working right at the moment (4 days into COVID - for a second time!)....need to reread those Rns next week me thinks
Thanks Novice
Novice I take you point but given Liontrust already own 12.79% of shares in PayP im not sure they would borrow more to sell them.
My guess is its a hedge for them but I need to look into this further
Flipping civil servants! Double time lets go
(sick of waiting now)
Morning Denby mate
fyi Broker views published today so im guessing all are today or yesterday
Simon Bowler
Numis*. Price target: 230p
“Improved disclosure on Ingenuity key performance indicators and the strong order book is encouraging, but fails to offset the worsening momentum and worsening cash profile of the core businesses.”
Marcus Diebel
JP Morgan* Price target: 347p
“Some steps clearly in the right direction but we believe the company now has to consistently present new clients ... to restore confidence. Beauty revenues came in with a strong beat on our estimates by 8 per cent, while nutrition was weaker than expected at 9.5 per cent year-on-year growth, which is 23 per cent below our expectations. Ingenuity also came in slightly weaker at £51 million, underperforming JPM estimates by 14 per cent.”
Andrew Ross
Barclays*. Price target: 660p
“Full-year guidance on revenue and margin is reiterated pre-foreign exchange impacts — not bad given several wobbles among European ecommerce names this reporting season. That said, foreign exchange is worse, and we bring down margins as a result. This remains an investment case that has downside risks, but we see value in the sum of the parts and Ingenuity.”
James Grzinic
Jefferies*. Price target: 700p
“The hit to ecommerce earnings before interest, tax, depreciation and amortisation estimates in 2021 (with an outsized impact on nutrition) is stealing the headlines and overshadowing the considerable progress on Ingenuity commerce growth, disclosure and SoftBank commitment. This provides a feel for just how cautious the market is on THG nowadays.”
Sherri Malek
RBC Capital Markets. Price target 715p
“We believe online market growth will continue to be solid ... and view THG as well positioned to benefit with its leading brand positions. The commercialisation potential of its end-to-end Ingenuity solution provides a unique element to the equity story, although visibility is low. We see greater valuation upside potential elsewhere.”
Catherine O’Neill
Citi*. Price target: 900p
“Given foreign exchange headwinds have worsened, the adjusted ebitda margin for the year is likely to be circa 8 per cent, with consensus at 8.8 per cent, which implies high single-digit percentage reduction to consensus group-adjusted ebitda.”
>MMs....I think they buying for someone on the cheap!!
Funny you say that as "someone" dropped a single order of volume over 1,060,000 onto the post market auction @ 242 (and then another for 100,000 vol @ 242 appeared)..ensuring it would cross at that and close @ 242
https://www.ft.com/content/74782def-1046-4ea5-b796-0802cfb90260
worth $500m to $1bn
"Although AWS is a US company, all the agencies’ data will be held in Britain, according to those with knowledge of the deal"
Surely perfect for Micro Focus?
Would love to OP but isolating with covid
Blu good spot on the failing wedge that is October! Williams and Stochastic look oversold and interesting the SAR has just switched last 2 days
I take comfort in knowing the Volume Profile for MCRO is well above the current SP (483.6 since April). This is key for me and the minute....
>The share price is telling the story .
No Nuri its you telling the stories again
Well said centric...in fact I would go as far as to say use the drop to buy up more shares on the cheap IMHO
Strathy I would suggest Nuri is not that complex and that all his posts are total fabrication