Member Info for ScottyGonzales

I've been watching this for a little while.

Finally bought a couple of tranches in the last few days at 44p

Good to see it tick up a tiny bit this morning. I believe the bounce has begun.

Expecting a decent return in % terms over the next 3-6 months

GLA

Looking at the charts, it looks to me like the bottom is in and this is about to bounce from the current 44pish.

Not expecting anything crazy, but market reassessing this to be closer to the 60p in the next 3-6 months feels fairly realistic to me.

Just buying another tranche.

Second day in a row of a COP uncrossing trade 10% above market price for the rest of the day.

Weird. Any ideas?

I was wondering the same. Interesting!

I've doubled down with a second tranche too, average price 127.5

GLA

Feels very undervalued here. If you plot it against other correlated insurance stocks, they all massively diverged to the upside compared to this (or rather, this diverged to the downside) in the last 3 months. The gap in divergence is about 35-85%.

Based on this, fundamentals and the charts, I bought in yesterday - feels like a bit of a bargain. Expecting a correction to £1.65 in the coming couple of months or so

Have had this on my watchlist for ages, but have never been in.

Charts look good to me, so just got in before close.

Fingers crossed for a continued rise past 7 to trigger a much bigger rally from there

Several downtrend lines appear to be converging above the current price, with a little support around 5p.

If we see a small bit of positivity driving a pop to 7.5p or so, then some downtrends will begin to break and this could begin a strong rip to the upside IMO. I've bought another tranche and keeping my eyes peeled.

Up, up and away.

Touch wood, next stop 20p

Price seems to have stabilized a little at these absurdly low levels, so I have been starting to build a temporary position once again since almost a year ago, when this was up in the high 30s and showing signs of rally weakness.

It does feel risky however if it does pop, it feels like it could be rocket a very significant % from these levels... risk / reward

Interesting little tick up...

Just a thought - is there anything stopping this company receiving a hostile takeover at this point?

And then any governance issues could be swiftly addressed?

I don't usually make 'punts' quite as speculative as this one.

Good to see the SP starting to get interesting.

Anyone know what's going on?

Just joined in here with a tranche at 0.65.

GLA

Ahoy there Geng, it's been a while- good to see you back here!

From a charting perspective, the SP is under the support I've been looking at, and part of my position has stopped out.

If it doesn't recover very soon, looks very vulnerable to me.

Volume is low but I've been building my position back up whenever the price dips below 30p.

Almost at the same position size as before now, but 21% lower average price.

Feels like there is a little more support around these levels, so fingers crossed for some acquisition news so we can see another leg of upside!

Nice charts here.

I'm in at my maximum position size - fingers crossed for a nice rise back up to more sensible prices

Having bought in quite heavily around the 15p mark, I've just sold out.

Still think this stock represents great value, and if it drops below 30p I'll be looking for re-entry again.

There's been some very patient hands here - hopefully you'll all be rewarded!

What's going on here?