Member Info for Rocka999

Spot on, there are actually groups of people doing this on a daily basis, something akin to scammers.

This method of buying is called circular trading and its illegal in the UK

Expected a drop this morning....

Looks like there's some support at these levels and RSI has hit 30%, haven't seen a buy signal yet

Its still looking bearish to me, as I said you can't fight the market despite what the figures are telling you. Take profits when you can and wait for the uplift whenever that may be. Ex divi date is not far away now.

DYOR as ever

I can recall investing into OCADO when the disclosed shorts were over 20%, they're only 2% here, this is where shorts get their fingers burnt if they're not careful

The company is currently undervalued by circa 36% based on the current SP V future cash flows, on that basis you're looking at a future SP of £2.80 per share which is where it was back in June prior to the current turbulence in the market. The houising market isn't great but there is still a big demand for property and house prices have increased slighlty of late showing a glimmer of light in the market.

As ever DYOR and take verything I say as gospel

That's brokers for you in a nutshell

I still believe the company is undervalued but you can't fight the market, the SP still looks bearish for now so it may be worth banking some profit for now

DYOR as ever

This looks slightly bearish now imo, be warned it may have peaked for now

Dyor as ever

Anyone buying in here doesn't understand investing

(see previous posts to support comment)

just on the back of a *** packet calcualtion i believe the stock is still undervalued by about say 10-12%, so we're looking at a price of crica 4920 to bring it into line, even then it could go higher on speculative trading and as we near the trading uptdate in december.

as ever dyor and take anything on here as gospel.............

Nothing wrong with taking a profit. The director sale yesterday might have induced some negative thoughts and spooked a few. If there's a further drop tomorrow we could see a reversal as the buyers dry up.

You should expect some retrace, it can't go up in a straight line all the time. I'm in IMB also which has also had a great run

The lowering of UK interest rates is yet another reason to hold here. A healthy divi, share buyback, revenue growth to hit the top end of forcast with operational profit growth between 1.5%-2.5% and growth in the new categories looks very positive.

Yes.....

Still going through the gears I see and has crossed the 200 days moving average now

SP is still down 33% from its high so still plenty to go at yet

Anyone invested in this company should be very spiteful, I'm constantly warning of the pitfalls and you chosse to ignore and plod along in your merry old way like there's nothing to see here, then wonder why the SP is so low, I can assure you its low for lots of reasons. The Charlatans on here will pump this as much as they can before the fundraisers start. They don't have the capital for any large scale rollouts, something I've pointed out before, they have to borrow more money or do it piecemeal as they go along which is what they're going to do.

Its the same old fluff and nonsense, where's the numbers Geoff ?

Any idication of what this is adding to the bottom line? No because depsite the signed cotract they choose not to let you know as it will be minimal and nothing to shout about as usual. Show me the numbers and I'll start listening............

The SP is showing some resilience now as it moves up as it should....

Nice rise today, talk of a rerate here following recent innovations.............

Its a bit of a safe haven amongst the Trump turmoil, smokers will still be buying a 20 pack pack regardless