Member Info for pop66

Yes JG, was just going to post the same observation myself, the share price is frustrating at the moment, but just have to be patient with this share and I believe it will eventually come good, as the fundamentals are fine, just being played as you have alluded to in your previous posts, now and then you see 100k buys going through so someone is happy to buy at the right price.

I agree Mary, though I have to say it has been NT to sell at points this morning which is very rare with Rank.

Nice trading Mary, how much is The Gongman worth????.

Mary, do not blame you if I had 200,000+ shares I would be trimming, but I do not, but might trim a little at £1, at some point this will go on a run where it does not retrace as it has over the last few years, and maybe with the sound fundamentals that this is displaying a the moment this is that time.

Good results, more to come, staying long, and I will add on any weakness.

Rizz, hope you used National Express(Mobico) for your airport transfer.

I am surprised we are at this current share price, but that being said every share I have has pulled back significantly in the last month(except BT) since the election was called, if this continues I will probably go all in with Rank and forget about the shares, as I feel any purchases around this price will look excellent in the future years, Nick I agree with you about a bit of due diligence, I have been unable to find out if the new gaming machine act has been booted or not ??.

It is ITV 1 v BBC 0, and what a fantastic signing Christina Unkel is, she has been authoritative, and concise, giving 100% correct verdicts many minutes before the officials at the games, and so far the critics, and viewers say it is better than BBC, excellent well done ITV and Christine Unkel.

Same here Nick, I have not repurchased sold shares yet, but I feel the next few weeks will provide an opportunity, I feel there is very little support level with Rank, and when it moves(either way)it moves very quickly, I am still holding plenty(66.5p average), but glad I sold 15-20% of my holding. I have a lot of faith in this company and do not have a problem increasing my holding, when to buy is the question ??.

JG68, I do not know, but as you have said they are definitely in this for the long term, a lot of their shares have been purchased at sub £1 after 2008 stock market crash, and several large accumulations in recent years, obviously Guoco have all the keys to Rank as no takeover can happen without their approval, I am very happy to continue to hold and add if it's share price goes down, and see how it plays out, regardless of takeover possibilities I like Rank and it's future profit potential.

JG68, from what I know Guoco made a £1.50 a share offer 15 years ago which was accepted(reluctantly), but they did not take Rank private, since then they have continued to stake build whenever the share has languished, there are other examples of this situation the biggest I know of on the LSE is ABF(£20 Billion mkt cap) who have a shareholder that owns 60%, I know this does not answer your question but Rank is not unique in this situation.

Waterman, I believe you were spot on with reason today, a lot of Bills have been sidelined, could not find out about the gambling machine legislative Bill, Nick you may get a nice chance to buy back if it is confirmed sidelined, I am also interested in averaging up at the right price.

Could be, but I believe there was a bit of consensus on the drive for paperless(bizarre), other than that I believe Rank is in a good place without the new legislation.

Sell went from 91.2p to 80p in a second, I know Rank can move quickly either way but that was dramatic.

Wow????

Yes MaryBr190 , I love this company, rank has traded between 60p-1.00 for the last two years, and luckily for me I have surfed the Rank wave better than I have with any other share, it makes up 25% of my portfolio, and I have an average of 66.5p, I have sold(trimmed)15-20%, but I am in no hurry to sell any more this time around as it feels different on this wave, and I am loving it, a good company, with growth in all departments, and the potential of an income explosion due to the proposed new machine legislation, under the radar and a little unloved for reasons mentioned by other fantastic posters on this forum(ownership, and large false spread), I love RANK.

I have 25 shares in my ISA, two months ago 20 of the 25 were losers, today only 1 of my 25 is a loser which is Mobico(I have an average of 81.5p), I am tempted to sell as it has had a good run recently, but FOMO prevents me from selling, and as I have seen with my other shares things can change very quickly, Synthomer being a classic example of this, if they manage to sell the North American school bus operation things could change very quickly.

Mary, the actual spread is less than .025p, though there was a 2p spread about 20 minutes ago, even though quoted spread was as you said 7p, not sure why but historically always the same but usually narrows at some point during trading day(A trades pay the spread price), out of interest are you adding or trimming, or neither Mary.

The trade yesterday(whether a buy or a sell)was for 5% of Rank shares, today we have Guoline increasing by 3%, where did the other 2%(give or take)go, more to come I think.

After such a big trade you would expect a holdings announcement, the last time there was a big trade(February 1st)Lombard Odious took 5%.