Member Info for MrDexter

I thought the drop would be bigger but the Civil aircraft part of the business wasn’t a brilliant profit generator, good for revenue but not profit. At these levels I’m getting fully back in

Dropping sharp into close - make your mind up time

Whilst I have faith that was a rubbish RNS and awful timing with the update so close, like someone said weekend papers will go to town and much lower open on Monday

Honestly think short term this will keep dropping especially if they have a bad update - meggitt had a good update but have dropped. Medium to long term £5-7 Looks pretty easy. Depends if you fancy trading or sticking, I’m half and half

Back in now! Might have a cheeky suggestion this will go the same way as GKN - private equity ( lots of money out there) purchase cheap chop it up and keep the income generators could see interesting SP movement suspect £5 would buy it ....?

The infrastructure stuff announced won’t touch the sides, this is a very long recession. I’m still holding a core amount here as see it as a good recovery play, but think this will be dragged lower by FTSE sentiment rather than the company situation which is priced in

I think it’s dawning on the markets that we are in for a mammoth recession. My average is 3 quid, but I will be topping up around 2.50-2.80, I think markets just got overheated and this will come good again but not until well into next year.

Climbing nicely

Has to be good long term investment here very low now

Although the air side has high revenue it isn’t great for profits, so with job cuts the business isn’t in bad shape, and the airside has long term repair agreements so not sure why the big SP write down looks very good value

It's a 6 month contract though......not a multiple.year revenue stream.. I think this is a bit of a.one trick pony that has a short life.span. already this it's overvalued sorry

I did the same my gut feel says recessionary pressure is now so high they must have to suspend the divi at the very least and retain cash

They would have announced if not paying, most have said no legal and general said yes and I suspect they will want to flex their independent muscles it will be paid I’m sure

But it's on record that or I have cancelled divi whereas we have not and as the 16th is the key date then as we haven't had an rns as yet then should be all ok

12% divi and it goes ex div on the 16th, they would have announced by now if they weren’t going t9 pay so why are we still sat in the 140’s should be nudging 2 quid by now ?

Climbing again 10 per cent yield from divi should push this well beyond 1.60

Strong finish bodes well for that Divi! Should be sat above 1.80 now given legal and generals position

Climbing nicely of the days lows

I think they will pay the full divi. Currently sat on a price earnings ratio of about 3 this is crazy cheap and the dividend would put us at a higher level of risk - with more money washing round the system our growth should be cracking

Lol - ok held back a lot. I’m in not a huge amount just 2000 shares but lots of upside here