Member Info for rylidan

Well done shauny. Sadly I do not hold microfocus! However ITV is my best performing share today. Long may it last.

Tom
I HAVE NOT told others to buy. I have said I belive true value is over £1 but we need the shorters to leave. I am also increasing my holding, which is not a recommendation to buy!

Tom
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I'm ready to treble my core holding here. Just want to see some evidence of shorters reducing. I firmly believe they are killing any rise by selling into it. It looked like citadel had gone after the results as both companies reduced under 0.5%. Not sure if they should be reporting their combined short and they are getting around the transparency rules. Thinking of reporting it to the FCA. They obviously lured people into buying in the 70s so they could sell into it. I did a small top up then and pretty annoyed that we're being held back.
IMO it's going to be a long battle. Hold in the knowledge the shorters have an increasing number to buy back.
Of course they may be getting a broker to accumulate on poor market days, so they can close a lot of their short quickly. You just can't tell.
For me it's a solid share, with a good market and a great product. At this level it's also a great dividend.

Tom, your posts are entirely consistent with being a shorter. However, I'm always happy to hear your carp. I doubt if you're with one of the big shorters, maybe just shorting on the back of their shorts. Maybe even have some citadel contacts? Anyway, I'm happy with my position here, thanks.

Tom, if you think that small investors are executing 1000s of automated small trades every day then you are mad. It is manipulation. That said, I still believe we are being handed a gift at this price and I will take advantage of it.

I actually said that shorters need to close at some point and they will mess with the share price. There have been substantial net buys since te results and the shorters have needed to sell more to drop the price. They still need to buy back a significant number of shares. The price is being manipulated, end of.

I started buying here again this morning! A big thank you to the shorters for selling it down to a stupidly low price again! Will be buying slowly and often to get a nice average over the next month, before ex divi day, for this tranche.

Not entirely correct as these are two different companies, as they report separately. A couple of weeks they dropped below .5%. You can't tell how far below. I reckon they were deliberately staying just under the reporting range to make it look like they had closed and encourage buyers.
Not exactly transparent!

Good news as that was April to June, and prices have increased considerably since then. Just confirms what IOF have recently reported.

We get this in September. Hoping for an update on new plants at the same time if not before. Nice spate of buying today. Moving up in low volumes.

Now is the time to accumulate. Low volumes still. Reckon this will move strongly between December and April, as we get updates on project progress. Some people maybe bitter as invested too high here, and have jumped ship at a loss?
Timing is everything to investment. Patience is also a virtue!

Closing £50m of shorts will be a long process. Expect them to play with the share price to try and encourage sellers. Won't be an instant exit.

Been topping up for past 2 weeks. When I bought today the spread was a tight 23.25 to 23.27. Its nowhere near the "advertised" spread unless you are dealing big.

Mind you, happy if they do, as this will fly when they are gone IMO.

Do people REALLY want to cash out to the shorters under 75p? I doubt there are many.

Yep, the shorters are trying very hard to exit if you look at the recent after hours trades. They have a long way to go, and so does the share price.

I also reinvested my cash return at £4.13. Thought they would fly past £5 quickly. I was wrong! Then when they dropped under £4 I doubled my holding with a series of small buys. Couldn't resist it as I feel this share has legs.

@yolodn, we are in volatile times, so 50% up on the low at some point in the year seems right. Assuming £3.90 that we were a couple of weeks ago is the low for the next year, then around £5.80 is the expected high! Happy to hold all of my top heavy holding here. Its my largest in my portfolio, and while I may slice some over £5.50, I have no intention of selling out. I can see a good few years ahead, and for me this is one to run (at this price).

A few on here have said they have sold some. No one has said they have topped up. I assume that the buyers are mainly institutions topping up after the results. That bodes well IMO.