Member Info for Ricky317

Told you - there it goes! lol

This is your typical scenario of those large investment organisations who control the market imho - they will be hyping up the sp and then, despite decent results, sell off and wait for the price to nosedive - they will then start to "buy back" when its down 10-12% to show their commitment to the organisation and make even greater profits on their return.

Maybe worth going short on AAL to recoup some of the losses incurred on Sirius!!!

I agree with you and hoping this article will support things - likely to be significant cost savings for reducing number of personal lines and associated policy administration.
https://www.insurancetimes.co.uk/news/aviva-plans-to-cut-personal-lines-products-from-400-to-40/1432356.article

Apologies - $40M (bit of a typo!) still feel same sentiment though.

A company releases its Q1 Results showing a $140M increase in profit and SP drops over 2.5%?? God help them if they post a loss!!!

Transan - If you review the results it is in fact the sales element of Northgate that has gone "south". The rental aspect is actually well up and from experience in a fleet role is due to companies not wanting to spend money buying vehicles at the moment, but rather utilising short term rentals.

Once Brexit is sorted (if it ever does!!!) then I suspect this will revert back, as "whole life costs" are pretty good on the newer vehicles, especially if the government up the tax incentives towards EVs - which I suspect they will in the next budget. If Northgate focus on this market then I see the rentals decreasing and sales improving over the next 6-12 months.

All imho of course :)

Cheers Modsto, alhtough it hasnt recovered as yet despite being a profitable year! Is this based on the demise of some airlines (TC etc) and likely "green" issues which will probably affect airlines over the next 12 months??

Can someone please explain how a RNS Release showing a 10% profit for the FY results in the SP dropping by over 3%?? I always thought people invested in profitable businesses?

Nice One Olig - I was hoping to follow your lead and get in on this one, but missed the boat whilst dropping the little one off at school :((((
Any other snippets you come up with please let me know lol

Thanks Razor
It all sounds positive and with luck we will get a company trading update in the near future. Given the troubles in the middle east and China/US relations this might be a good option to hold and see if the sp rises :)
Ricky

Are Tullow going to release any TU today or not?

Sunset777 - I don't as it happens, but as we know the public perception of a business is paramount. Can you recall their CEO and his £110M bonus!! The company made great efforts to bury this and extolling the virtues of the fact they now make their own bricks in the UK as a cost saving measure as that was more in the public interest for them. Sadly for the CEO it didnt work and he had to leave anyway, but what I mean is that all large organisations will promote their benefits and try to hide any problems.

Surprised BDEV hasnt pushed on a bit more than it has today so far though, as very good results as others have stated.

Sunset777 that could be right, although I suspect just a short term blip for PSN as they will no doubt market their "ability to correct any flaws" whereas Barratt seem to be staying ahead of the game, with the purchase of Oregon and other initiatives, so less volatility imo. If they produce strong figures tomorrow I could see this hit 640-650 in the short term.

Based on the previous report things are on track for another good year. Certainly new build houses round here are going hot off the production line sales wise, so could be a little gem, especially if they keep the dividend price up. Good luck for tomorrow.

Thanks LadySonia - Any reason why the full Trading Statement is not available on the Live RNS Feed??

Maybe go out for a beer and bar meal tonight huwie :)

This one looks as if the sp could be undervalued and good results should see it push up nicely. Good control on overheads plus the recent good weather should help results/div.

I agree and surprised that whilst the sp rose initially, seems everyone has cashed in and run away?

Sorry - that should say Chairman.