Member Info for RogueRiver

I doubt the results on 28 Feb will be particularly stellar anyway. BA took a huge hit from the strike action.

As long as I am reinvesting the excellent divi (which I will be for several years to come) I'm quite content for the SP to bump along the bottom. The company's fundamentals are good and its long-term prospects are very sound. Meantime, watch the SP soar if the private equity firms start circling.

You obviously haven't heard about the new 'house brick' strain of the coronavirus.

Who knows? It's just another random SP fluctuation.

BBW

I’m not suggesting brokers are right. I’m saying £11 is reasonable and perfectly achievable.

Some of us got bitten after the last DM punt recommendation of PPC. No thanks.

The IIs are lapping up this share. It is pretty dull, highly predictable and yielding over 4% pa. It’s the nearest thing you can get to a steady income outside a savings account (except this share actually gives you an income). The latest broker forecasts are putting the sp around £11, which seems perfectly reasonable in the circs.

As long as I’m reinvesting the divis (which I am for the foreseeable future) I’m content for the sp to remain stupidly low. I’ve no real worries about its long-term prospects.

Hi Mossimo

Given that TW is currently yielding around 12% pa, what sort of divi increase are you expecting them to 'take note' of?

Hi TomE

Thanks, but no thanks. I once made the mistake of buying into a similar low market cap/highly volatility share (President Energy) on a tip, only to watch it fall to half its value. Luckily I got out when it had fallen by 33%. It looks like the only thing sending GGP up to its recent levels is the temporary panic in China - and the SP already appears to be on the wane.

The market reaction to the virus has been completely OTT (as has the press coverage). There was not so much as a market blip in reaction to the West African Ebola crisis, which lasted for 2 years and was a much greater threat to global public health. Give it a few weeks and the coronavirus will be a footnote in the news.

It always seems to be 'jam tomorrow' with this company.

If, as seems likely, HS2 gets the go-ahead, Breedom will almost certainly benefit, for the next decade, particularly from the demand for ready-mixed concrete.

From the start of 2015 to mid-2017 the SP regularly hit around the £10 mark. Given that the divi was lower then and this year we will have a 3% rise on the last divi, with an inflation-linked rise for four years after that, I think the SP still has quite some way to go. Today's high was £10.27 and obviously quite a few will have sold out, but I'm going nowhere (and I'm averaging 756p).

Silly overblown headlines in the Daily Wail et al don't help. Still, once they have wrung as much drama as they can out of the coronapanic, they'll be back onto Harry and Meghan - and stories about the virus will fade into the background. Of course, the Chinese economy may take a hit, but it is unlikely to be a huge one.

Meanwhile, TW is holding up just fine. I think we may be back into the 220s before the week is out.

Hi Rio

Seems we both spoke too soon! CLG is one of those shares that is all over the place (even intraday). I think we are going to have to wait for even more positive news, but the trend is still upwards. I wouldn't discount the possibility of another bid coming along in the next year, from Sun Capital/Parkin (again) or DSV. Meantime, having watched the SP dipping below 200p in recent months, I am certainly not going to get cold feet now.

Hi troublesome

How many did though? My only gain of that sort of magnitude is Breedon Group, which I bought in November at 58p and I'm now up 54%. That makes up for the losses I've had dabbling in speculative shares in the past!

You wait months for an RNS to come along and then 110 come in one week.

Another solid rise today.

It's remarkable to think that just over a year ago I was down as much as 32% on my original investment in TW. Fast forward 11 months and I'm up 39% on my original stake. It just goes to show, particularly with the FTSE 100, that if you concentrate on the fundamentals and ignore the daily background noise, you will generally do fine.

Those who have been pleading for months for an RNS have certainly got their wish today!

Nice jump today on the RNS stating that Breedon expects the acquisition of CEMEX assets to be completed in Q2.

Hi Qd22

I'm currently 55% up and I have no intention of taking any profit. I have been very scathing of the SP in the recent past, due to its lethargic performance. The SP has been in the doldrums for the last couple of years, but the current pace of Breedon's growth, together with greater market recognition of its performance, means that the SP will probably rise exponentially over the next couple of years. I can also see it graduating from AIM to the FTSE 250 in the not too distant future. It is a well run and well regulated company, so I don't think they would find the move too onerous. The effect on the SP would be extremely positive, even from today's all-time high of 93p. There might even be a divi in sight.