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the director buys does give confidence, but given yesterdays news i dont think the sp will climb that much leading up to the next trading statement..... may get to the late 4s imo. So if there is another fall in profits this will get hammered . I try to use stop losses...... however you cant account for the huge amount of slippage when the stock goes straight to auction on bad news. gl
And sold up today. About 18% down so I hope I can recoup that somewhere else. My main concern is how likely is another profits warning and what would that do to the so. The profit warnings tend to come in 3s and if there is another one this could go to the late 2s... Also the mention of increased competition and price cuts doesn't bode well. Good luck all holders.
I have this guy who keeps calling me from st james trying to get me to invest with them. If it was that good an investment why are they cold calling a retail punter? surely anything worth investing wil go straight to the funds and the small PI will get the rubbish!. Anyway wont be investing....... moan over!
I'm taking a look at press it and see that they make stainless pipe fittings which are similar to maypress. Can anyone advise if they do anything else and if there is any significant contracts in the pipeline.I see they are based in China which can cause a bit of concern but I know that these fittings are very dear to buy and with the right contracts this could rocket. Mc at 5m so would not take a huge contract to double that.
Agreed this does look good. I was looking at quite a few funds and seen that alot were holding xaar so when the price dropped I got in. The fundamentals also are good. If they break into 3d printing this could go wild. Gl
That 88p is going to be hit soon and I would have thought £1 to follow. Tipeed today in the investors chronicle . The director share purchase and Neil woodford investment is going to be a major catalyst for PI . Atb
At these levels this is a steal. My father in law recommended this some more the back when it was tipped in the mail. He got in at the issue price so probably 40% down. Still will defo come back. Nice slow climb to £1. Now back off to oex to hopefully make some quick cash!