The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I bought in far too early expecting the update in November and this has taken a real hammering since. Somebody's clearly offloading and at below the recent 50p offer price too - let's just hope its not because there's some insight into the delayed trading update. No real explanation for the delay and with the sustained drop I'm feeling pretty nervous. Come on Koovs - bring me an early Christmas present of a great (and timely) trading update!
I've been out of action for a few weeks and partly out of choice left my modest portfolio to it. Was shocked at what I've come back to here - currently a loss of about 25% in a couple of months and am considering what to do. The views on the board (sometimes) help but I'm trying to work out whether the damage has been done and its worth holding for at least some kind of bounce or whether it will continue to slide. I think on fundamentals its probably about done but there's lots of other factors (such as shorters, sentiment, etc), that could take it further. Its down a little further to £1.53 today and I'm hesitant to do anything against the 'buy low - sell high' philosophy - I think £1.50 is at least a psychological barrier. Will see what happens to day and make a choice.... Worst performing stock I've held and I'm not happy..........
A week to go for full year results and for me its simply about two questions. Has the bad news and market sentiment been priced in and is there a positive forward looking statement. Given the previous half year results I think the bad news is priced in and the start of a recovery was certainly on the cards in November. If there's confirmation of this position at full year it will improve confidence and possibly a re-rating. Forward looking is anyone's guess but I think that the damage has been done and there will be an optimistic (or maybe cautiously optimistic) forward statement. I bought in at 2.58 and will stay in to results and then reassess. Any other views / counter views?
I'm an occasional trader and have been watching from the sidelines as the share price has fallen away and yesterday bought in at 1.97. Its a punt in all honesty but from experience the market does seem to take a very pessimistic view on shares that have suffered high profile bad news. I don't disagree with some of the comments and Its not impossible that it will fall further but for me news would have to be very bad not to have been priced in already and I'm hopeful of a move northwards following news on 2nd..... Happy to eat humble pie if it all goes wrong.......
I hate boring shares - and this is anything but boring! I've been in FOXT for about a month and have a 6% profit so far - I bought after doing a little homework and entertaining myself with the comments on this board and others. I have no predictions (unlike the 'it'll be worth £5 or 5p in 3 months' time brigade) but there will be a bottom and I personally think we're there. The nearly 10% swing today was interesting but I'll hold a while longer...... Anybody able to explain (rationally and unemotionally preferably) what drove the wild swings today? Is it just market uncertainty on expansion plans or something else?
What do you think will happen next week with dividends due. I'm not usually a hunter of dividends but its starting to tick up over the last couple of days and could be quite a spike by the middle of the week? Doesn't really affect underlying risk / opportunity with ADM (which I'm undecided on) but a little short term gain up for grabs for sure......
I think it is...... Dividend yield is no good if share price drops by the same amount or even more and I think this is possible. I've sold today at a loss of 10p per share. Good luck to everyone holding but I think the announcement could be quite damaging and is awful timing just after the launch..
I think the results are good but they're only in line with what was previously announced. I'm in and staying in but don't expect we'll see much movement today on the back of these.... I'm content but don't think there'll be any soaring. Very happy to be proved wrong though.
Well actually not so slow, but RDW continues to increase in value. The last set of results looked pretty much all positive and revenue, debt and profit all healthy. I think the only question is how high can it reasonably go? I'm not one for guesswork buy whilst news from the housing sector remains positive and help the government seems willing to underwrite potential buyers I'm remaining in. 10% up in 2 months may not be as dramatic as other shares but its more than enough for me...... Any informed views on how far this has to go?
Pre-close trading update for the year ended 31 October 2011 Another solid quarter Safestore Holdings plc ("Safestore" or "the Company"), the largest self storage retailer in the UK and Paris, is pleased to report on its trading progress (unaudited) for the fourth quarter and full year ended 31 October 2011. During the fourth quarter of the year (August to October 2011): · Revenue for Q4 20111 was £25.2 million, an increase of 5.5% compared to the same period in the prior year and 4.6% over Q3 20112. · Total Revenue per Available Foot ('RevPAF')4 for Q4 2011 was £20.10, an increase of 2.9% compared to Q4 2010 and 4.4% over Q3 20112. · Occupancy increased by 61,000 square feet ("sq ft") in the quarter compared to a decrease of 38,000 sq ft in the prior year. · Average self storage rental rate per sq ft for Q4 2011 was £25.85, a decrease of 0.3% compared to Q3 2011 and 0.4% over the prior year. For the full year to 31 October 2011: · Revenue was £94.9 million, an increase of 6.4% compared to £89.2 million in the prior year. · Total RevPAF for the year was £19.05, an increase of 3.8% over the prior year. · Total occupancy increased by 268,000 sq ft in the year compared to 168,000 sq ft in the prior year. · Closing occupancy5 at 31 October 2011 was 3.21 million sq ft. This represents an overall occupancy level of 64.4% of Maximum Lettable Area ("MLA") compared to an overall occupancy level of 60.5% at 31 October 2010 calculated on the same basis. · The average self storage rental rate per sq ft for the year was £26.11, 2.2% higher than the prior year. In our third quarter update in August we indicated that while we maintained a cautious outlook due to the fragile prevailing economic conditions, we had seen a positive performance in the third quarter. This performance has continued into the fourth quarter. We saw solid occupancy growth in the fourth quarter of 61,000 sq ft which is 99,000 sq ft ahead of the prior year. This was driven by solid enquiry growth and improved conversion rates, which more than offset the increase in vacates we had indicated was likely in our third quarter update. We made targeted adjustments to our rate strategy for some key segments during the quarter, in line with the approach we outlined at our half-year results to focus on optimising total revenue and revenue per available foot. This helped drive the occupancy performance and resulted in a slight dilution of the overall self storage rental rate. This balanced approach to driving growth and managing rental rates, together with an MLA increase of 123,000 sq ft compared to the prior year led to a 2.9% increase in Total RevPAF over Q4 2010. Revenue growth has been strongest in London and Paris, with personal customer new let growth rates remaining ahead of the business customer
looks more healthy than I'd expected and given the current low sp I suspect the market will respond positively - but what do I know..... All the bad news re Tunisia / Egypt was already known and importantly bookings going forward in different destinations have broadly compensated. Debt levels down too. Today could be interesting......
not sure the markets see it like that - 10% on live price down this morning already.... the drop in dividend will have done no favours at all
well its results time - judging by this afternoon's performance the champagne will have to stay on ice for a while. I was in considerable profit but back down at 25p I'm just about breaking even. We'll see in the morning but my good feeling of a couple of weeks ago looks more than a little optimistic,,,,, Any other views?
Its because everyone's on holiday..... This has never been the busiest board. I'm not putting anything else in but am firmly holding what i have - I still think that results will bring upside if they're anywhere near the July IMS position. Originally I'd thought that this would see high 30s but like everything else has taken a hit. I'm still confident for 30+. We'll see in 3 weeks time.
Thoughts - this has a way to go yet but suspect that we may have to wait until results in September before we get any further increase from the current levels. I don't have huge amounts here but am 20% up so far and is one of the best performers in my portfolio having caught the bottom just nicely (for a change). If the results are confirmed as in line with the tone of the July IMS I suspect we'll break out to mid - high 30s. Maintaining dividend will help this.....
Production report due on Tues 19th and maybe an update on the repair of the first furnace. its due for completion at the end of July (just two weeks away). Either way there's a positive feel about IFL at the moment. Low 20's would be just great in the short term and should be more achievable as furnace news is confirmed. Anyone any news on a reasonable price once they're fixed and production is back up and running?
Yep I'm decided! Got my 20% and a whole lot more (12% yesterday and 17% so far today!). Will hold until the results at least and perhaps past that depending on dividend etc. This share took a real knock over recent months and looks now to have recovered some market confidence. Really pleased.......
And here was me thinking I was the only one on the board.... My future strategy with TNO will be decided tomorrow. I bought in at 26p so am a little down but expect positive movement tomorrow. The price dropped dramatically following the May IMS and anything other than really bad news tomorrow should see some buying back in as confidence returns..... 20%would be just great but my expectations are now lower than that!
I'm new to TNO but having done a little research believe that this is distinctly oversold. The May IMS was downbeat on both revenue and less so profit (profit still expected to be ahead of last year) but the share price has plummeted since then and looks now to have significant upside. I've jumped in and although this will move around a little I expect the trading update on 14th July to provide an upside of maybe 5 - 6 points (c20%)! Just my view of course.
like others I can't really understand this huge fall. The lack of dividend can't have helped but its in profit and the debt position is much improved. I'm in with another £5k at 67p - average now at 75p - any views on the hope of a decent rebound tomorrow??