The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I believe if all goes well it could double.
When we had the hint of returning to normal before the new strain and rise in infections this went to £1.30 with ease.
You will get those who have only invested short term so the price will rise and drop whilst people take their slice of the profit.
It will depend on the company making money and moving forward with restructure, something which I feel many companies have had to to do to survive which isn’t necessarily a bad thing.
What is also very important is how they intend to reduce their debt.
This isn’t going to be an easy ride but I do think it will happen.
Oh well thanks for posting in the first place and sharing any info you find.
Must admit I thought hell yer, then bugger, but that’s life.
Yes, we’ve been at 1.30 when things started to ease before, I will happen again it’s just taking a longer time. Winter was always going to be bad, we are just in the middle of it, rude out the storm.
Think a few will take there profit so share dip expected.
Eventually this will even out.
In for the long term and no share ever goes in a straight line or just up.
Thanks all appreciate any info and as always your thoughts.
aandi - was mentioned on another board so have been doing research on them.
Today I’ve realised cash to invest ( a small amount ) so was thinking of investing. Always spooked when something goes high then bumps back down but this now seems to be levelling off.
I’m looking long term and an area than I am not currently invested in as wish to spread my portfolio over a range of differing companies.
New to here so please don’t bite. Trying to do my research.
Is this the same Wood Group that you are all awaiting the thumps up ?
I ask as do you think this would delay their report? https://www.insider.co.uk/company-results-forecasts/covid-19-project-delays-cause-23316444
Jan and feb were always going to be tough, they knew this was going to be the toughest times on the NHS and what has happened is the worst case scenario.
I think people have got caught up in the vaccine news, this will take time it’s a huge logistical job.
If you have shares, hold, this will bounce backI’m sure. many Companies were aware that this could happen and have hopefully provisioned.
Were realistically looking at spring before the good news hits and summer before we start to return to normal, subject to no changes with the virus.
The travel industry always realised that it would be spring before any hope of travel resuming would be on the cards. Anything earlier was going to be a bonus.
These companies are priced on this basis yet will be affected by exchange rates etc
Jan and Feb were always going to be the worst months with this very thing predicted. This will not go anywhere over the next two/ three months unless there is a massive change re vaccines which I very much doubt.
If this company was in the same position come June I would look very hard at my investment, was in the right place. For now hold tight and ignore the doom and gloom.
In my opinion There will be no real growth ( yes ups and downs) for the next two/ three months.
Until we start seeing improvements from vaccines and a more positive tone I won’t be expecting much movement.
Happy New Year to you too.
We all disagree with each other at some point, just need to remember it’s an opinion and were all entitled to one of those.
I personally love other people’s opinions as it give a different view point, one which I might not of considered.
Wish everyone health, happiness and profit.
Merry Christmas everyone, new here but wish you well and hope good times ahead.
Nofear
I was asked my views and that’s what I gave. If Im wrong so be it but don’t see the need for hostility at a point of view. Debate yes.
As I said brexit and covid are taking there toll and the debt of the company is what has been holding me back investing when sp was higher.
I believe it will go low 30s and if it hits my target purchase price I’ll take a punt.. I think long term it has potential it’s just how long it can last treading water or increasing debt before it needs to raise funds? If I knew the answers I’m sure I’d make a few Bob.
If I miss the boat so be it. I’m here to make money, sometimes I’ll be right and sometimes I’ll be wrong.
Good luck with any shares you have.
My views and before anyone shots me down, it’s just my view.
I think the price will drop and there is also a possibility of a share issue.
My reasoning is that although contracts have been won there is not yet money in the bank. Nor do we know what profit margins are.
We have brexit and covid both putting pressure of companies and although this won’t be forever it’s how long a business can last and what funds they can raise till they can start resuming making profit.
I think once it can start back up this will fly as long as it can last until that point.
Personally I have nothing invested in CPI but if price drops I would take a punt. I also realise this is a risky punt and one which I might lose so would not put my life savings into it.