Member Info for Rocka999

Just in time for the year end

Oops wrong BB, surprising how easy that is to do !

I've got £1.35 pencilled in now, lets hope there's no more skeletons in the cupboard

Good news regards CTP btw !

One thing that might help a lot is a few director buys to instil some confidence here RCN is recovering whilst MXCP is still floundering

*Know even !

Cmon you now this is well undervalued :)

Always good to see directors buying no matter how trivial

Thanks for the link

I use my broker but I wouldn't say that's 100% accurate either !

On reflection it's LSE misreporting trades, there's only one large purchase in fact!

Two lots of 8 million buys have appeared this morning, director buying do we think ?

I suspect there has to be an announcement regards Andover very soon, we're way past the opening date ?

Quote from Steve Rowe at M&S:- ""What we're doing is reshaping our estate now to make it more relevant, more modern and more appropriate to how customers are shopping." If he's serious about how customers are shopping then they need to move to online the fastest growing sector, no good ignoring the move away from stores as Morrisons eventually realised I'm sure Sir Stu has had some informal chats with M&S, we know he still has a soft spot for them !

Under the terms of the new Morrisons agreement there's nothing to stop a deal with M&S now:- "Morrisons has agreed to help fund 30% of the costs of developing Ocado’s new distribution centre in Erith, south London, which is due to open in 2018. It has also allowed the online specialist to run branded online services for other retailers potentially including Marks & Spencer and the Co-op. It continues to be blocked from providing similar services to major Morrisons competitors – Tesco, Sainsbury’s, Asda, Aldi and Lidl"

Okay thanks for looking, so there's potential still for some very large gains

I was working on the SP before the bad news arrived at £1.50 plus allowing for further bad news or worst case scenario, in theory it would be higher than my quote but we'll have to wait and see

Working on the high less an imaginery £20M black hole this would still be worth £1.36 a share, anyone else done any sums ?

I hope you're right, having seeing how auditors work it wouldn't surprise me if things did get missed, standards have dropped imo !

I believe the market is being over cautious and hence the drop, it was interesting to see MXCP buy in again at RCN and get some cheap shares, there's either some great master plan at work or everything is purely coincidental ?