Member Info for R1CHARDO

hopefully this will push on up towards 9p by the end of the week.
Took some profit today as I have been badly burnt being too greedy.
@ adamk87. You post a lot of sense. Many thanks for your insight.
GLA
R

The next few days will be interesting...
Thanks for your comments about working there. Our big investor was no fan of the previous management.
I hope the rise is due to some leaked news, but if not I agree it may dip sharply.
Good luck
R

@joevester. It seems to me that there are only three or four posters on here who actually own shares and that includes you.
Those of us who own the shares appear to understand what the revamped business comprises. It isn't rocket science just ahalf an hour on Google. The revamped business is interesting and in my view hopelessly undervalued. The SP started moving last week, big jump today and the herd arrives. No doubt we will see some volatility but the trend is now upwards.
GLA
R

Indeed. Something is stirring..
Whilst I can sympathise with those who lost out badly with the old Mothercare, the loss making UK stores are gone.
Why do people not realise this?
In my view the brand name is worth the market cap, and the international stores which we still own were profitable. No doubt Covid-19 has taken it's toll, but at these prices it is still worth a punt in my view.
GLA R

Excellent! The herd has arrived and the deramping has started. 9p here we come....

Not really. AFAIK the SP represents the value of the international business not the UK business which is in administration. The international business was reported as profitable. Cash is a concern but read the latest RNS on restructuring. They are also doing instore sales.
Worth a punt at these levels. I have been in since January at 13pence

something is going on. Just topped up

@ igrowmoney +1
I wish LSE had a simple delete post button. I know you can filter but if one could simply delete the rubbish it would be so helpful to maintain a thread of sensible posts.
It seems my view that this share moves in +/- 10% chunks has been born out again today. Not a day traders share other than for beer money.
GLA R

To be fair it has been controlled all week. I suspect the Company doesn't want to see massive swings but as you say steady rise probably over a week or two. This hasn't been a traders' share all week unless they are happy with a few % returns. Long may it remain so in my view. This is a serious Company doing their very best for human kind. The Directors don't own any significant shareholding AFAIK.
Good luck all.
R

news on Monday?
R

Yes L2 isn't ideal, but together with refreshing the quote price it does help a newbie understand the current price trend. Easily worth £22 pcm in my view when trading these volatile shares.
Can't see any value in charts atm with these Covid-19 related shares.
good luck all
R

@AdamH7 You can access Level 2 for a monthly fee on here. I would try it for a month as it does show the immediate trend for a share price in real time. Better than keep refreshing the quote price. It costs a bit more than £20 pcm but you can easily save this. I see you are a newbie making all the mistakes we did when we first started. Good luck!
R

yes four people two adults and two children. All recovered, but the male was quite unwell for a time. None needed medical help.
Good luck all.
R

@ metis20
Marr asked Raab whether this story and others in the weekend were true. He said orders had not been placed as the government was still evaluating the tests.
Take care all
R

@Sportstrader I stick by my post. I have no interest in misleading anyone as I said in my post.
He also said the government would not order any test unless they are of the opinion that they were reliable , or words to that effect. And that was in the context of Antibody tests, as he didn't talk about any other test during the interview.
I suggest that when the show becomes available on iPlayer people can make up their owns minds about who is posting false information.
Take care all
R

Also he said Antibody tests were realistically 6 months away. He then went on to say Test, Track and Trace was the way forward that the government is looking at. That means Antigen tests not Antibody tests.
For the sake of everyone I do hope all Companies and Organisations involved succeed in eliminating the spread of Covid-19 before a vaccine becomes widely available.
I wish the derampers would reflect on their posts regarding this.
Take care all
R

My finger was on the sell button earlier in the week @ 19p, but I deferred. Interesting that the SP was in a downward trend for a couple of days before this RNS. Insider knowledge?
I agree this is difficult to call. I believe the RNS indicates that there may be c.£25M of funds required but this is down from £50M. So my guess is that the city is factoring a Rights Issue @ c 15p.
I'm holding but not adding, as I believe having sorted out the immediate problems the international business is basically sound. GLA

@ fn nice spike this morning got us to £41.46 but back to the threes again.
Hopefully another go £40 once the WA is passed.

MMs haven't reported my buy or trade @ 14.22 on 28th Nov. Virtually no buys showing at all.
What's there to hide?
R

@ FK1 presumably this is the same HSBC that has been telling its clients to reduce their shareholding in Wizz? Two years ago they had a target of £23 and a reduce recommendation. HSBC has been negative about Wizz for years. I'm surprised anyone takes any notice of them at all.
Talking of taking no notice of people, Wizz boasts that it is the cleanest airline of its type with regard to emissions which in my view is far more important than the odd crisp packet trapped under your seat.
Roll on £40+ it can't be too far away. GLA R