Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
that this has dropped so low ! Profits are still expected to be ahead of prior period although lower than what the market expected but surely that was already factored in the drop from 66 ?? Im confused ! James good to see that you have held in here but seems our confidence in the 40's was misplaced !
Hopefully this has touched the "low" but you know with all the volatility about, economically, politically, geographically ,etc,etc.... doesnt "feel" that the market is out of the woods yet ..... altho this week has seen some nice recovery ( wish I had bought HMV after all !) But I kept to my mental promise of not trading & Im off tomm anyway so probably cant ! Your timing of the sipp is superb IMO to pick up some nice bargains tho ! Take care of this one mate...
Mr Morton at it again today ! Got your SIPP funds in yet ? Good timing to pick up this & few bargains mate !
to top up some here isnt it James... Cant really understand why the sp is gently drifting downwards... but markets seem bearish & uncertain.... with Japanese probably selling their equities to take funds back home to rebuild the country, ramifications will be felt by the markets even further i imagine.... traded hoil a couple of times this week but otherwise holding firm on not trading till mid April really.... Arent interest rates predicted to go up in May ? that will put further pressure on the markets i imagine.... GLA
seems to be holding pretty well considering the turmoil the rest of the market is in !
Directors buying here by the bucketful does seem promising ... but just as you were given a reality check with rok my OXS has gone a similar way... directors were buying there constantly too & now that its crashed miserably i wonder if they were any more privy to info than we uninformed investors are ! might sell that off too to add to my "losses" for the year ! The buses will defo pay off ( famous last words !) but Ive only sold off as I was finally breaking even & am not going to be able to keep a close eye ! Hope to buy back when im back if still at similar levels... ( & hoping to buy back most of what ive sold off at lower levels ?) TNI yes I held off too esp when a few brokers downgraded it ... but its approaching 50p & surely that is due a bounce ! NWS think i might wait to see where the floor is on that.... markets jittery as expected with unrest on all fronts .... Only a handful in my p/f now so i can actually list them !!....the two old faithfuls of course ( you know the ones !), here, Hoil ( t/o talk on there so might hold on a little longer) IFL ( they just need to increase production of ferrochrome that the world needs !) punts with GCO ( a number of acquisitions these past 6 months so well overdue a nudge up im hoping !) AKR ( alcohol detection & cholesterol testing amongst others ) AAT ( merged with ERG , has a 5p placing, good order book for future, & some big investmentshere but current results not promising tho !) & XPS ( I like Peter Jones & he is invested heavily here so good enuf for me im hoping !!) Altho I dont really want to trade at the mo couldnt resist PPC yest .... I know ,I know falling knives & all that but that drop is definitely overdone im hoping & I might be able to get out with a small profit in the two weeks im still here !! Hey ATB mate
indeed ! Just need India (with its high cholestrol readings !) to also put in an order.... also awaiting the heparin testing to take off i suppose.... sorry but i cant see where you get the date for the results as April ? Anyone point me in the direction... thanks
Yes I did mean optare but must confess to having sold them off too today.... p/f slowly shrinking.... wish i had sold off oxus before it crashed miserably too...but wanted some exposure to gold in my investments ! Oh well... tni been on my watchlist since it dipped below 100 actually but never ventured...(thankfully now it seems ) nws seems a better opportunity to me tho so might dabble there....& COL looks interesting too....dont know if i might dip in these before I go.... depends on if i have the time to investigate further... Holding firmly here of course !GL mate !
UKC ... dabbled in them a little but not in there at the mo... lots of debt ( not good in current climate) & the property they have showing massive losses on value.... but poduction seems up at last stmt & with coal prices on the up could be good recovery...its appoaching my buy in price again now & March/April usually a time for share prices to drop so will hold off for a little while myself... Good to hear you dont have such a massive loss in here... thot u may have been in since the £20 days ! GL mate
Ok i have done it ! Sold all my little ones & some of the bigger ones ( 16 in all today ! ) Phew what a clean up & a half ..& all at a loss too mind you but wanted to crystalise my losses before tax year end in March to c/f & before my holiday... I calculate that after offsetting all gains against losses im in net profit of 28.84% so sort of satisfied ! Kept token holdings in cosalt & hawk tho from the old days & the green buses.... everything else current ( this years purchases only ) Might even put all the cash raised into this one before long !
recently purchased £250K at 8p including other smaller director purchases ! Should I stay in this a little while longer ? GL
I had Legal at 19mill & didnt know about Jupiter or Cazenove holdings... hmmm wasnt cazenove the one that kept drip feeding cosalt ? Will ignore thier holding ! Yup divs have been held at around the 3.5% to 4% range so far... Good luck guys !
Wow ! 10 to 12 YEARS ? U must have bucket loads of patience mate ! Wish I had that much patience . ATB
Did ok on fibreweb thx but im afraid Im not too patient & overtrade myself !( If only I'd held onto GKP or Char just to mention two !) Yup the "old" ones Im losing on include cosalt & im still a hawker ( remember them !) Been thinking of drawing a line under them & a few others just to clean up the portfolio so to speak .... & before the dreaded "bear" rears its head supposedly on the horizon soon ... going to be away on a cruise for about a month so dunno if i i'll have access to dealing anyway & dont want to return to see carnage ! So youre a sipp man now huh... Looked into that myself but am not making enough profits yet to justify that (CGT allowance enough for me !) & still wanted the flexibility of drawing out the funds if required rather than be forced to wait till retirement ! ( just in case I want to invest in bricks & mortar rather than paper !)
hello mate nice to bump into you here ! Dont know if the IC tip is a recommendation tho ! But director has almost doubled his holdings here last couple of days so he certainly has confidence... not to mention the other "big" boys already in here (Lloyds, Legal, JP,etc etc) Felt that the the drop after the results was excessive since turnover & profits were actually up... not being a stranger but feel lost on the "old girl" board with all the chatter & tips... you have done well on that one mate, glad for you ! Picked a few tiddlers lately ( Britvic, assetco, renovo, oxus,gco) punts really until I decide whether I want to sell up everything before the year end or wait to crystallise my losses in the new year ( losses on my long held favourites that never bore fruit i mean !!) Feel like having a fresh start !!Good luck to you on yours !
buys today too to add to yesterdays purchases ! GLA
In accordance with the Company's Interim Management Statement of 27th January 2011, trading in the second quarter has been strong across each of our operating territories, with the GB & Ireland price-negotiation programmes successfully concluded. Britvic commenced the price negotiations with the aim of protecting cash margins in response to our then-current expectations that GB & Ireland's 2011 input-cost inflation would be 5-6%. Though the Irish soft drinks market remains challenging, the GB and French markets continue to demonstrate resilience, illustrated by GB take-home market volumes up by 2.9% year-on-year in the four weeks to 22nd January. This was a period and channel where Britvic captured both volume and value share. However, the pace of input-cost inflation in recent weeks has been unprecedented, leading us to revise the full-year GB & Ireland input-cost inflation guidance to 9-11%. In particular, we have been adversely impacted by sharp recent increases in the price of PET, steel and sugar. The forecast of particularly challenging input-cost inflation pressure for Britvic France, given its product mix, remains unchanged. The escalation in input costs comes after the completion of this year's price-negotiation process, meaning that we do not expect to be able to recover or mitigate in full the additional input-cost increases we now expect this year. The input-cost inflation will impact the outcome for both the first half and full year, and means we do not now expect any operating-profit margin improvement in 2011, excluding the impact of France. Despite these headwinds, Britvic fully expects this year's operating profit performance to be materially ahead of the 53-week result reported for financial year 2010. Sincce our last update to the market we have witnessed a rapid and unprecedented uplift in the cost of key raw materials. This has been driven by a shortage of supply to the market, where, for example, we have seen prices for PET, derived from oil, surge by around 20% in the last month alone. We do, however, remain confident about the medium to long-term outlook for the business, and we look forward to providing more details on the latter at the annual investor seminar on 23rd March 2011."
what the div in May will be ? If maintained at prior levels then it will be close to a 10% yield at these prices !
Thanks for that & GLA
was in this myself last year at 23 & got out bit early I thought at the time but feeling thankful now ! Share is ISA able too...