The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
https://twitter.com/craigmckee82/status/1259823306359943168?s=21
Buying opp won’t get many more
Buy in or move on stop trying to scare people into selling good shares
Roche has said its antibody test requires an intravenous blood draw to determine the presence of antibodies including immunoglobulin G (IgG), which remains longer in the human body, suggesting possible immunity.
An obligor rated 'BBB' has adequate capacity to meet its financial commitments
Try IG trading, you can open a demo account and set up your own charts
Revenue rising +2% to £1b.
Profit doubling to £107m.
Ebitda at £350m.
Roadside membership growing.
Average income per member rising.
Average income per business-customer rising.
Motor insurance unit growing +19%.
Average income per insurance policy rising +4%.
Conversion from roadside member to insurance leaping from 25% to 36%.
Free cashflow soaring sevenfold from £12m to £83m.
Cash in hand at £200m.
Pension deficit and total debt reduced by £300m.
The debt and pension corner is turning.
Dividend yield (when it returns) currently around 10%.
No material business impact from the plague.
Shorts have fallen rapidly from 11% in May 2019 to 8% in Mar 2020 and 6% in early Apr 2020.
Shorts today still have ~40 million shares to buy back.
Big short squeeze underway.
Technical charts today pointing strongly to 27p as the next stop.
Daily trading volume is currently 20-40 times higher than normal.
Rising price + rising volume = bullish sign.
Fair value is calculated at 99p.
Almost all major broker forecasts currently range from 50p to 200p.
Shareprice today = 25p / £155m...
EPS = 2... FTSE250 EPS average = 15-20...
Big tree shake for the mm to mop shares up for the shortest to buy back, spooked a few into selling
Shorts have a hell of a lot of shares to buy back, mm,s want your shares, nah chance squeeze!!!!!
The last 3 shorts started around 18.6 down to 16.5 they are getting squeezed
If this buying pressure keeps up, we are going to get a short squeeze
Pop
MM,s must be trying a tree shake at these prices to mop up shares
rns 15th Aug,
The new manufacturing facilities in Runcorn are progressing as planned. Small-scale commercial shipments are expected to commence in calendar Quarter 4, 2018 and volume production is expected to commence in the second half of calendar 2019. H1 2019 calendar year will be utilised to stress test and improve the new Runcorn facility.