Member Info for Peakybinder

Book price is actually 234p according to stockopedia. So they will want it cheaper, hence 220p...GLA

Fag packet calcs, I think bid would be 220p.

I really don't know Pal, common sense and fundamentals are now out the window..
The main reason I didn't want to be out is a possible take over.
But purely speculation on my part.

Directors are now actually selling, to try buy in far cheaper I'd imagine... GLA

I purely go on gut feeling from watching the market and only 25 individual stocks, I don't watch to many..
I got this slightly wrong today, but with a starting position of 198p I'm not to concerned... GLA

Saying that, I just bought 5000 shares hoping for a quick flip... GLA

The debt is absolutely the problem, it's eye watering..
I don't want to sound to negative, but this really isn't the best stock to pile all your money into.. GLA

In my 25 years of trading, I've learnt that patients is the key!!!

Jtan, I've been trading this and sgc for 2 years.
I sold at 268p and been waiting since. My portfolio is 70% cash, and aim to spend the lot somewhere between September and January. That's the time line for the bottom for me..
I reckon this will be around 170-180p then... GLA

I'm still waiting to buy some back. Around 195p will do me.. GLA

https://www.defenseworld.net/2022/06/27/micro-focus-international-plc-nysemfgp-to-post-fy2022-earnings-of-1-09-per-share-jefferies-financial-group-forecasts.html

No, hooks were plus 50p postage..
Ive got my buy set at 35p, prepared to take a punt at that level.. GLA

Court case that could bankrupt them...

SP downtrend is focused on the future, not just the start of the year.. Overs obviously agree there's serious risk here, or SP wouldn't drop due to selling..
People will clearly cut back in hard ecenomic times, and feeding the family is more important than new fishing equipment??

At least we know who's selling, the flaming director.. That gives real confidence!!

I have wouldn't rush in yet if I were you... GLA

They had better be quick then!!

I really hope they don't pay a dividend, far better to pay off the large debt pile. With rates rising debt will become very expensive...

Yes, they seem to be cutting back on stocks, which will mean a reduction in footfall and sales. I'm wondering if they may close a few stores?

Nothing to prop the price up now. GLA