Member Info for philpot1001

Only just putting 2 and 2 together, so the early spike was him buying in first thing yesterday? Makes sense

seems to be a real block on near 1000p, hopefully some of the shorts decide to cash in, that could send us way past the marker (its possible that's what happened first thing yesterday).

To be fair FK we've had nearly 15 grand of purchases this morning so far, I wouldn't call that a muted response .... maybe a muted response from the SP so far though would be a fair comment.... hopefully we get some more buys and the ask snaps past 11p again

I really do hope management are careful with this - this is precisely the type of work I DIDNT want them taking on! more ruddy bypass works, although thankfully this seems as an interim thing they should be out of fairly soon.... https://www.constructionenquirer.com/2018/01/23/galliford-try-takes-over-from-carillion-on-96m-lincoln-bypass/

Well thankfully 1140p actually looks like showing good resistance .....we could do with it breaking out to 1150p some time today - if it keeps testing 1140, it will break at some point.

just tried dummy trades, best I could buy at was 10.79p, best I could sell at was 10.55p - so I think these trades are buys, but cant figure out why the ask looks like its been dropping based on buy volumes. strange.

Only one I've seen since CLLN was Liberium which had no change in stance with a positive 1550p outlook.... need another couple like that, may improve sentiment.

I checked Kier and Balfour and both of them "seem" to be bottoming out - this looks like it still has some momentum south at present though.

Was out on my bike on the weekend contemplating this share and wondering what would happen if someone wanted to buy enough shares to take this over.... obviously they wouldn't get the discounted prices the Chinese have been, so would be forced to pay a premium (say greater than 2p).... that got me wondering, is that the end game aim for the Chinese and how they hope to make a profit? To be bought out at a premium rather than dumping shares onto the market?........ just a thought folks, feel free to shoot me down.

Well I thought the test of 1140p was possible.... fingers crossed it passes the test.

Good news, but as ever the proof of the pudding is in the eating.... let's see what effect this has on Q1 and Q2 prod figs. Could be tasty.

This partly answers why the SP has dropped, although currently the cheap end of the market is only 7% of the revenues, its expected that will increase to 20% off the back of dropping the prices, which will impact profits. That said, the SP as the SP has fallen over 60% (from >2500p) I still think its over baked. Might have a nibble with a stop loss at 900p. https://luxoraleader.com/funeral-price-war-takes-its-toll-on-dignity/513914/

Regarding 2) I'd say if I was to invest here I personally would be happy for them to sacrifice dividends to pay down debt. It's not like it's a high yielder anyway. Unsure about the other points yet as only just started looking here

Lol.... "shallowing" out ... stupid phone

5 day chart looks like swallowing out, so could rise from here, but it could also test 1140p (low on last dip). See what happens mon morning. GLA

Correct me if I'm wrong here, but as far as I can tell the side of the business which is primarily affected by this chipping of prices is small fry (7%) compared to the side which is seemingly doing well (cremation etc)? Also this SP also dropped from 2500p to 1800p previously on the rumour of price reductions -- so seemingly a drop from 2500p to ~950p off the back of a small section of the business? Seems over done to me even with their large debt pile. Hmmm "Simple funerals have made up a relatively small proportion of sales at Dignity’s funeral division — about 7 per cent in 2017" https://www.ft.com/content/f5aae6b4-fcf6-11e7-a492-2c9be7f3120a

Disappointing day, but profit taking after a +25% gain was inevitable

That also needs a pretty smoking gas CPR to get above 1.5p.

I maintain 2p is possible, even 2.5p..... but it needs RNS, and regular RNS at that with actual content rather than the minimum possible. RNS is pretty much the only thing that drives AIM shares as there isn't the rumour mill associated with larger companies.

This is moving a lot quicker than I anticipated .... could be knocking on 11p today