Member Info for NickRubens

Bullshirts Yes all I can think is the market expected this but perhaps priced in a surprise sudden above expectations result and subsequent flurry of upgraded profit forecasts . I have bought my first tranche and will scale in on any further drop or perhaps any rise also.

Thankyou Hamiltonac It reads well if they are correct about the future expectation. Time will tell. Good luck to anyone buying, I've still got cold feet at the moment, but that could change anytime.

My biggest worry is the macro economic picture especially in the UK, but that won't affect RWS mostly international earnings, so there is a positive there at least.

Hamiltonacademic, I tend to agree but do you know by any chance (or anyone else) what the full year expectations are that they expect to achieve? cheers NR

WT "These shares should be 110, 115 in the next few weeks" It's happened in a few days. However it needs to hold on to it's bounce, though I did desperately buy on the irrational plunge and add to an already frustrated holding.

Hard to believe I've held from 200p plus only to see it halve in value, since then. The company is in better shape than the SP seems to be suggesting IMO, though i'm not surprised markets are nervous.

The whole UK economic state and the government additionally makes me nervous.

I took a huge loss on this a couple of days ago and sold my holding purchased at around 290p. I hope anyone staying for the longer term and needing to recoup paper losses will do well, but the whole Uk economy looks like it's going under to me. The only place for the government to get any wealth is continued additional record taxation increases, there is nothing else, no growing economy, nada, zilch, debt rollover is increasing the interest rate bill to eye watering levels in itself, and we are continually importing liabilities to draw on the state expenditure bill from other countries.

How can B&M or anyone else prosper with all this? It almost feels like most businesses are just in survival mode, being hit with one additional cost increase after another and this looks set to continue indefinitely to me.

CJ Spot on. British Industry has been struggling/declining for 30 years or so. Politician after Politician have loaded the economy with ever increasing taxes, ever increasing costs and the attack continues. Profit has been demonised in this country. We can delude ourselves that things will improve somehow based on hope and wishful thinking, but they won't. We need a complete Political overhaul in power and then some tough serious discipline as national debt approaches £3 trillion and interest rates are continuing to creep higher, with inflation following suit.

BD, Yes looks good value etc, but whenever I've said to myself 'surely' about any company on the stock market, it's often led to disastrous investment losses.

These Broker targets are kind of meaningless unfortunately. Can ULTP show they are restoring profitability which is the big issue. Having said all that, I am kind of interested to buy should something favourable news wise come along.

The director buy wasn't very much IMO, so for me it's not giving confidence.

Hope the shorts fail big time, as I just added more to existing holding. Sell off looks excessive, but maybe investors are furious as we just got over the late accounts filing debacle and that was nerve racking but turned out ok, so hopefully we'll hear that washing machine roll out is on schedule and doing ok. Still a bit frustrating though.

We haven't long to wait. 11th June deadline.

From the price drifting, it's clear the market has doubts of a 595p offer sailing through. Having said that it makes sense for Ingredion to pay more than a VCT would. A VCT would have to do it's mathematical gymnastics and 'dodgy' IMO restructuring , whereas Ingredion are already in the same business.

If Ingredion don't pay a generous price and instead walk away, then I think it's an uphill struggle to earn itself back to this valuation, though for patient investors, maybe that's not a problem.

At the moment i'm content I sold on the immediate rise (helping correct a mistake I made buying), though slightly nervous I'm out with such a predator looking at it.

But share price held up on bid possibility. Without a predator we'd still be around the 400p level.

Having said that, it is a more valuable company now that some interest from outside has shown, so I doubt we'll see that level again. At some point I might jump in again, and then possibly regret it again! It's so difficult to judge as an outsider with no contacts.

Grounding, yes agree, I thought it unusual they were suggesting a price of 595p cash plus 20p dividend and then reserving the right to adjust the price. So i sold my disastrous investment here to take a small profit and considered myself lucky.

Now I don't have the bottle to buy them again, but wish shareholders all the best and for some competing offers to emerge.

I may still panic buy back in though, if I feel I am missing out on what could be a bid battle with potentially others expressing interest.

Anyone know why? It's a stock I've always thought seemed decent value but the political contentions of water privatisations has always put me off.

Well, I hope I am wrong. Perhaps that's why I keep hold of this stock, doubting myself. I do note that my local reach newspaper online is now offering a subscription after so many free articles have been read. If I was a serious reader then I would subscribe but I've not trusted the regular press for many years now. Must be older age and experience of how news has been used to form our opinions and control behaviour rather than inform of important matter.

This does look cheap and for many years they've managed reducing costs very effectively and kept the dividend going.

The market thinks this is company is in terminal decline. I own loads of these shares myself but I realise I don't read their stuff much, I always watch what we call 'Citizen Journalists', ordinary people who show reality as it is. I trust them more.

Similarly I own ITV shares and STVG shares and both those companies seem to be in decline for the same reason. I should have taken note of my own behaviour before buying what I thought were cheap value shares. I didn't realise everyone else had cottoned on to where the real media is also.

I don't know why I haven't taken losses yet, maybe just waiting for an opportunity to reduce them perhaps? Takeover offers/rumour etc.

Profits at lower end of forecast would still meet expectations, so either the fall is simply over the dividend cut expected supposedly in favour of share buybacks , or the market fears future earnings growth is going to be difficult. This could be a buy opportunity and I do miss them quite often through fear.

Puzzling.

Anyone feeling encouraged with recent director buying? Wondering if things have stabilised a bit or will do this year, and not decline further? Next update at the AGM, 21st May, might give further guidance.

And not surprised no one is much interested.

Thanks Damien, the dreaded debts then, seems to be an issue for many companies with high borrowings, though falling property prices is an added liability.

I'll take a deeper look at how significant its LTV is.

No news on new orders and there are alot of conflicts around the world. Hope something turns up for long term holders, of which I'm not and not sure when I might be? I've been bearish for sometime especially after freehold buildings sold off to bolster the balance sheet. .