The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
32-33p feels right at the moment. The downward trend has slowed & perhaps even bottomed out already.
It will likely follow the usual trend of rising towards the September update, before getting to these levels again.
Good to see it's all 'encouraging'. I don't expect any significant rise in the SP until the Full Year's Results are published in late April.
Moving up in anticipation of a bid or action from AP? Kyri
It's all very odd. But if they do make an offer what is a realistic figure? Kyri
'We anticipate the next 12 months will be very exciting as we continue to evolve our smart building solutions in a market only beginning to recognise their importance. As a result, we will continue to seek to improve our financial performance by focussing on higher margin opportunities and in particular growing our software business through ongoing investment in IP as well as extending our routes to market, both in the UK and overseas.'
Thanks for that. A good interview I thought. Kyri
I certainly hope so, Pete. It's about time and the market likes today's news. Kyri
I'd have thought the jump would have been more substantial. But nothing surprises me with this share. Kyri
Volume now at 24.8M!!
Well, the volume is way up today.
I certainly had not. The REDS Share Chat page was not available over the weekend. But I think people are baffled as to the constant downward push on the SP. Kyri
Hope your right, plantravel. I would expect us to start moving north & maybe an attack of 2p in the near future. Right now is a good buying opportunity, I think. Kyri
I hope so.
Yes, me too. Onwards and upwards.
Yes it is.
Is anyone planning on attending? Kyri
Again, high volume today. Perhaps the falling SP has attracted attention. Kyri
Katie, I understand your frustration. We've had a positive RNS & good news in the way of the contract win. There is a fair bit of volume, yet the SP is stagnant. Kyri
I imagine the fact that we still made a loss has had an impact. Kyri