Member Info for Paddyboy1

I'm not sure what would happen in the unlikely event the ballot rejected the offer. Looks a bit daft striking without Union leadership support!

This SP is just mad IMO. As i see it holding out for a few pence lower on a share like this will end up in huge regret. The true value will be realised here at some point soon!

i expect a bounce on Monday if strike is confirmed over. Can't resist at this price. Could go lower still but i think a reversal must be coming soon!

Bought another chunk @115.50

SF, Great entry price. I'd say you're in pretty near the bottom there. To anyone who was buying this back in Aug/Sept 2020 lows, this price level looks like a gift from the Gods. Despite all the gloom this company is in a far better position now & also paying a divi! couldn't make it up really!

The debt here only looks high due to the battered SP which has reduced the company value. Debt/Equity=Gearing. In the day to day running of the business it shouldn't be an issue as it was never an issue pre covid when the SP was £4+

Yes, i was here buying this share on that Sept day in 2020. Got a chunk then @115. Sold it way too soon though & missed the vaccine party. I'm only adding here now. No selling from me till at least £2.50 which is still cheap in the grander scheme of things!

QD. That was the vaccine bounce. I don't think it'll go up quite so quick this time but this is worth £4-£5 when the external factors all settle down!

Did you buy in yet Salhaj? i thought you were hoping for a 105 or lower entry price.

The Union is recommending acceptance of the offer by it's members. The ballot is just a BS formality. Hopefully the SP stays at this price until strike is formally over as i want to get another chunk sub 120.

I agree LG. i think something's cooking here! to go from 14% to 16% seems bizarre. Why not 15%??

i think i'll add here tomorrow if the price stays around this level. Assuming that strike stuff is now looking to be behind it i'd say this is pretty much a bottomed price!

Could be perceived as a cave in & weakness by management i suppose. That deal looks remarkably good!

Knew this strike would be over in a few days. Interesting to see the SP impact in the morning!

Even on a 2-3 year timeframe you could quite easily sit on an investment which has more than paid for itself. Obviously there is the risk of prolonged economic gloom wars & pandemics but such is life!

Agreed on the discipline thing. I'm probably way too much in this one but at these price levels it's hard to resist

apropos, that is why i've gone in heavy here. A 10 year time frame with compounded dividends. A potential goldmine really!

I'm already loaded up to the hilt on these. Holding back further buys for new ISA allowance but will add if this dips sub 110 but i doubt that will happen!

Top Share Picker itching to buy here!

The £1 hecklers remind me of BP in 2020. I bought 20k of them @£2. It got as far as £1.88 but there were the mob on there saying £1.50 was a certainty & it could go bust! I think it was over £6 not long back. This has the same potential!