This stock is most definitely a conviction buy. The Company is of larger than GSK in terms of revenues and equity. This stock will be going up soon, no doubt here.
Unbelievable! Please can anyone advise why this stock is getting hammered? Its a good Company pays huge dividends and only two years ago the stock was being traded at 80p. I must be missing something!
Nope you are living in your own little world. This share price will never see 40p, at least not in 2017.
Hello guys I just had a look at DEB share price and don't understand why the market has completely ignored this share? In my opinion its a wonderful company. When I opened my ISA account in 2014, my first investment was Debenhams (because this is very I do all my shopping from), I bought shares for around 70p and even then I made almost 20% profit. But now the share price is below 60p for 4 months. Why investors are ignoring this Company?
Being short on this share IS JUST GAMBLING and very dangerous. It has gone up significantly but its still far below 2013 levels. There is like 75% probability that share price will go further up and 25% probability that it will go down. So clearly short is a dangerous option.
Hi folks, don't you think investment in this share is too risky? One day it goes down 5% next day it goes up 5% and we have no idea where this journey will take. Upward movement is stronger than the downward movement but this trend can reverse at anytime?
Smellyben is not following the trend and just waiting for his favorable outcome from the US elections, for me that's a recipe for disaster. Just look at the trend, last year Share price gradually dropped from £15 to £2 and now rising from £2 to £15. very dangerous to open a short on this stock. What every investor is doing here is just going with the flow and buying more shares. No reason to be scared of a downfall, it will reach £15 eventually.
Afternoon folks I was expecting AAL to fall for the last few months but this share price is only going upwards and the journey seems to be unending. Should I therefore invest my life savings in this stock or just hold back if its expected to fall in future. Would appreciate your advice.
I also think that this will bounce up tomorrow. This share's price shouldn't have declined today, seems some "Big Players" are short selling so that they can buy back at a cheaper price. We need to ignore the first hour of trading tomorrow as the "Big Players" will start with a short sell to create some panic, but the prices will consolidate later on and start upward movement. In my opinion, just don't look at the Share price tomorrow :) because regardless of what happens in the short-term, this share's price is worth 250-275 in the long run.
Honestly I was too scared to put my money on AAL, lost a big opportunity to make some decent money here. Anyway the share is back to its year ago level, this proves that if you don't sell, you don't make a loss. Those who waited with patience for one year must be very happy today.
Matty if he is entitled to 98p for his purchase today then why price has dropped to 3/4 p?
James I've also got the same question as you do. As per published RNS effective timetable for entitlement to 98 p settlement is 1 pm on 6 January. Don't know why the price has dropped to 3/4 p. Someone kindly help.
sure. and as I was saying yesterday that why big investors are ignoring this stock, seems someone read my comment and decided to put £8,500 in this company lol. Share trades since yesterday are very interesting, we have almost same amount of sells as buys but the share price has slightly gone up.
I was expecting that comment Andy, thanks for your comment as it will let me elaborate what I was saying. Someone from accounting background would agree with me, if the debtor collection period was say 100 days initially and the Co. was just doing well and no working capital issues were present. Then the collection period increased to 130 days, now the co. has to arrange funds for the additional 30 days ONLY. And after raising these funds (in ACE's case £1.7m) if the debtors collection period stay at 130 days then we don't have any long term issue. We would only have an issue if the collection period further increases to say 160 days from the previous level of 130 days, in which case additional funding would be required. So the debtor days were increased as per the RNS few months ago, but we never received another RNS saying that the collection period has gone even higher. Assuming the same collection period as previous RNS, the issue has been addressed by the management.
The issue of additional receivable collection period has been addressed apparently. Means if they raised £1.7m which covers the cost of business activity during the "additional recovery period" of receivables, then the issue has already been addressed. Now the trades cannot be hindered by the lack of funds.
The impact of impairment would be less than £2m. Total investment £2.5m, less proceeds from sale USD 700k, and ACE also get access to Ziolar's intellectual property for a period of 2 years. Let's assume worst scenario ie impairment of £2m. Last year profits were £4.8m, assuming 10% decline lets say trading profit this year would be £4.3m. Still we are looking at the year-end final profitability figure of £2.3m which is above the current M.Cap. Seriously buying at this price is nothing but a steal. But not sure why the market and big investors are still ignoring this Co. and no broker recommendations for last 2 months. We understand why this stock went so low, because of a couple of negative RNSs combined with negative perception about the Chinese stocks. But this panic in the market should be over by now. The Co. is very much in front of us here, making profits, majority shares are with the management, where is the justification for this market cap. And on working capital, I am sure the problem is over now after that injection of £1.7m in June. All I can say is discipline is the key, we may need to wait for a bit longer for the right price.
Hi Andy, you are expecting a positive RNS soon but someone is selling their shares. I hope they are just some desperate shorters dying of boredom and not someone with insider information lol.