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I think there could be a slight increase in SP .. it dropped from the 90’s to late 40’s on the prospect of a cash raise and share dilution .. if that’s kept at bay then my personal view all is good … Not sure there is anything there to excite Lombard .. but the Market sees things we don’t
Hope this is a sign that the markets are moving money in to value stocks … I sold 1100 before the last ex div date and the intention was to buy back in lower … however I reinvested in other stocks which at the moment I’m ahead only because I put 5k in a punt on MTRO at 102 and the next day a buy bid was tendered so I sold them at 137 others also done ok 5k in BT @140 2k in EAAS @13p .. this has hovered around 1615/1635 for a while .. I’ve still got 2250 of these left @1643 so I’m just holding these now no matter
Always interesting watching the SP coming up to year end results …. Was yesterdays drop down to Markets in USA Lombard working their magic or a leaky ship ….. I suspect all the results are in now and it’s just a case of dotting the I’s ….. Interesting to see where it goes today as the market should open green … Hope we don’t need a plumber for a leaky ship
Simes will be back soon .. even if results are slightly off for them to make money now they need a 15% drop … I’m not saying that is not possible but the trend seems to be higher and it’s not PI’s pushing that way …. One word of Warning.. I have some MTRO shares heavily shorted by Odey .. it seemed uncanny that he reduced his short 4 days in a row before a possible buy out RNS dropped and then increased his short the day before a fine from PRA RNS dropped.. I’ve not doubt that inside information is leaked by employees for a fee .. money creates a murky world
The Irony of so called experts Ian Cowie who often writes for Interactive Investor gave 5 Aim tips at the beginning of the financial Year These were AGL EAAS SEE PCF and DX I put 1k in each AGL is 40% up SEE is 22% up EAAS is 30% down PCF is suspended from trading now shortly to follow DX .. prior to today DX was 5% up but sadly now 30% down .. luckily it’s only a small amount of money but I bet not many so called experts can get 2 tips suspended from trading in a year