The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Absolutely nothing. Silence. Zip. If I find anything at all .. I will surely post. TBH I was busy on other shares and havent really given this one much attention which is bad. Tomorrow could be all different though :)
Good to see you post. Not much in the way of RNS contracts, still holding but using my time more on other shares and waiting for this to come good (whenever that maybe). It is a real quiet part of the year and boring.... zzzz :)
ditto! lol
This is very encouranging, and I cannot believe the SP is low even with this being banted away. Good find Freshmatt. I havent been looking much at STY lately, I have my fingers in other pies which I am researching. I know STY will develop soon enough and the management seem to have the image of STY being made public with all the recent news updates. GL all. P.S Boc/Maffa - you still with us? :)
Hello all, long time no post! Well, as predicted the buying frenzy is almost over. SP states 21.5/22p but dummy buys are back to historic low levels of 21.01p/21.5p. Just remember the naked trader has a stop loss of about 20p. This could mean for me a purchase of some more as the news here is more positive work wise due to what I would say is PR Peppermints work.
Bodes well this time he purchased 20k instead of his usual 10k he bought in at. Must have a bit more confidence than before!
and you'll miss our huge rise today. Its falling back now to normal stagnating levels. I think there is a definate pattern now to this share. This could well find its way back to 22p next week. As soon as you see the mid price fall - you know thats the peak for ages until some other news comes. Happened every time. At least we know there could be scope for some major money being thrown STYS way :)
Excellent find and hopefully we should see a steady (albeit slow) rise! A*
They did in fact appoint Peppermint PR in October for their PR work and I can only say since then we have had a lot more news regarding STY. I can only assume they are responisible for this. This is becoming bargain basement and I may have to purchase more in the next couple of months.. GL all! Hope everyone is good following a 1 week hiatus from us all here!!
Sorry to see you go for now, but I understand why you bailed. It is a frustrating share to be in but at least you appreciate the potential upside to it. See you at the 40p party in hmmm lets see .... when will that be?? :)
Lol, I was referring to the departure of Mr Wilton! :)
Good find there about Boots, not a huge sum but it all helps and especially in N.Ireland where as we know work must be hard to find? Unfortunately (again) I found some news about key staff.. Styles & Woods chief leaves 22 January 2010 Steve Wilton, the chief operating officer of retail specialist Styles & Wood has left the firm, according to documents filed at Companies House He was promoted to the role from director of support services last July in a boardroom reshuffle. It is not known if he has lined up a new role yet. In an update last week the company said trading figures for 2009 would be in line with expectations. City forecasts estimate turnover will be about £140m and pre-tax profit will be about £280,000. http://www.building.co.uk/story.asp?sectioncode=30&storycode=3156753&c=1 Dont know if thats good or bad? any opinions?
mainly buys a couple of days ago but sells have dominated the market yesterday and today. Looks like its back to its usual self :(
Its really confusing me ! The actual buy is falling every single day. Friday was 26.19p... then yesterday it was 26.15p now its 26.12p. Arrrggh! mad! Why is it being messed around with all the time?
This has to be a buy first thing this morning! ....18/01/2010 09:44:04 26.30 245,000 O 64,435.00 Not bad but no price movement. Strange!
Yes, thank you for pointing it out. I saw the shareholder update which bolstered confidence on the share. I have watched FCCN for about 3 months seeing it fall off a cliff so to speak. Unsure about the company itself, it may be one to watch out for - youre quite right! IMHO ...Its a brand everyone has heard of but I feel it needs to update its image now. I would need to look into the fundamentals before I played it. Are you in it/thinking of it? I understand you like recovery plays (like STY will be eventually) I feel this share will recover somewhat from Augusts finals 2010. Lets wait and see :) What do you think of DEB? Bought a little but its fell nearly 10% since doh! ;)
Well despite all the sells the share price actually held up! Bravo :) :) I will look forward to its usual decline in the next week or so lol. My only note of concern at the moment with recovery for STY is general retail sector to which we are mostly reliant on. Retailers have been hammered lately (I should know as I bought a holding in DEBENHAMS on Monday!). GL and enjoy the weekend all! :)
Sorry.. I found the snippet whilst looking at MEN and quickly saw your 12:14 post when I was trying to inform people...got carried away... and didnt see your input! Apologies my friend!
Here is the link to the news snippet! Enjoy all :) http://www.manchestereveningnews.co.uk/news/business/s/1189056_a_good_captain_to_steady_the_styles__wood_ship
Further to FRESHMATTS comment - here it is (nicely found btw!) Styles & Wood Group (STY, 25.25p, £15.6m), the provider of retail property services to UK retailers, reports trading for the year ended 31 December 2009, is in line with expectations of PBT of 0.3p. The balance sheet has been strengthened following the refinancing, with net cash of £6.3m at 31 October 2009 (£8.7m on 30 June 09), but the company has spent £2.3m in 4 months. The company does not state the net cash position at the end of December, which suggests it is lower than £6.3m. Customers remain cautious with their investment programmes and management maintains a cautious outlook for 2010. However, the group is well placed to take advantage of any market upturn. Consensus estimates for 2010 of PBT of £1.1m and EPS of 1.2p could be downgraded. The stock trades on a 2010 P/E of 21x. On 19/11/09, we initiated with a Sell recommendation and a target price of 25p. Our target price has been achieved and we therefore upgrade our sell recommendation to a HOLD. Im a little cautious on their comments but at least it was upgraded! :)