Member Info for rylidan

Downgrades to hold with target price £1

I don't believe the bottom will be 1.08. Wait 3 months and this will be trading under 90p. Profit warnings never go down well and are rarely one off events

Beware there is one extreme ramper here. If you're riding this rally know when to exit. Don't get caught at the next profit warning. It's coming in a few months.

Enjoy it while it lasts.

Numis only last week set a price target of £1.30. Hardly a great endorsement for the rampers here. Profit will decline in the second half, and the wage issues are not going away soon. There will undoubtedly be another profit warning for the first half of next year. That for me would be a good time to buy. Until then this price is likely to soften.

I would be very careful of any motley fool article. They tend to pump the shares that they wish to sell IMO

I would be very careful about investing this high. Short term the upside is very limited, while the downside could be quite damaging.

Who's going to predict another drop in the last 15 minutes of trading? A good time to buy?

The profit forecast for the year is now flat. However in the first 6 months we showed growth. By deduction the second half will show profit shrinking, mainly due to increase labour costs.

The fundamental is that profit growth has become negative. The fact that the latest broker slashed the target from £3 to £1.50 isn't inspiring.

Looks like it's holding at 1.08 for now. Not sure why anyone would want to buy here

More like 60p. No way will this make 160 in 2017. Maybe next year if we get a turn around

How far this falls will depend on the forecast for next year. If profit is forecast flat I'd expect another significant drop. Good news is we may be close to the bottom for now with only a small drop today.

Profit will be down in the second half of this year against last year doh

The issue is that of its in the second half Will be down against the same period last year. If the trend continues into next year this could re rate down. However the assets should act as a bottom to the share price and prevent any further great fall. I reckon this may touch the 80s but not for long, and will be a great investment from that point.

The latest broker has slashed his forecast by 50%. I'll be looking at buying more at under 50% of the price before the crash. Profit will be flat this year. This needs profit growth to rise significantly.

Are rife here. They will sell your shares as fast as you can buy in high volume. Actually in VERY high volume! Then when the volume subsides in a day or two they will walk the price down to the lowest possible "value". My guess is sub £1, where I'll be topping up. Just in case that doesn't happen I'm keeping my stake. I guess it may end up being a mistake not selling at a loss.

I too have a feeling that this may fall further next week as some panic over the weekend. However it remains a good long term investment IMO. I'll be topping up if it goes sub £1.

You should not put such a stupid stop loss on then. Put it at 45p then you can feel really really robbed if they hit it

Nice reiteration of the numismatic securities, broker rating of buy, target £2.30.