Member Info for Shaxe

Nothing goes up in a straight line, even with the recent drop back there is still an upwards trend. And as MarkBellUK said, there are those of us that bought in low 600's with a view to sell on 30% increase. my target was always 830, which I managed to achieve (very rare I actually make a plan work!). I actually think this drop back has also been a bit overdone as there doesn't seem to be the volume to justify it. I think this should stabalise around 750-775 before continuing upwards in the new year. Having said that i have already made a correct guess on this, so therefore my next 10 guesses and plans will all be wrong!

Thanks guys,
I am just reviewing my position here, and the fact that the shorts haven't reduced significantly during this upwards momentum riding the buyback scheme makes me wonder. We have all watched shares drop on news, and if the update is anything other than stellar it could easily drop back to 750 (reverse view of Marks good update one).
This was never a LTH for me as I shy away from anything to do with crypto, but couldnt resist the completely overdone drop earlier in the year! Think i might ride it up to day before update and run away. Would rather sell it and watch it rise, than hold it and watch it drop! Good luck to everyone long on it.

Afternoon all,
Bought in a few months ago around 630 as a recovery play, with a target sell of 830 which we are steadily heading towards, couple of questions for those longer term than me:
1) do we know how much the dividend will actually be after international tax stuff?
2) where do you think this will get to, broker ratings (for what they're worth) range between 600 and 1000, of which we are smack bang in the middle of!
3) are we due a Q3 update, had one around this time last year but seemingly not the year before?
Thanks

Sorry to crash the party, just wanted to say there is another holder here!! Looks like we have all followed a similar path to this one. Slow and steady please WHR! I have been slowly pulling my money out of rainbow chasing (have found a few pots of gold en route), and putting it into (hopefully) more stable and dividend shares. Can't take the stress of it all watching minute day changes and working out what actions to take. Like Rich I also have a holding in the larger operator, but can see the benefit a more local focused portfolio of warehouses. Hopefully I am proved right!

Well I have two tech type shares in my portfolio, and one has just won a contract with the other! So now their fates are a bit intertwined, not sure if that is good or not, gfin have lots of promise, but no money as yet (currently costs more to stage an event than they get in revenue from it) however hopefully fbt can help reduce costs and increase interaction which should mean gfin earn more. And obviously a contract outside of BBC deal should help get fbt back on track from recent poor form. Fingers crossed.

nearly 18 million bought, 2 million sold, and down 4.8%, nice. thanks Mrs May....

Sorry, awful subject title, but couldn't resist. Have been in a while but one of my other riskier shares hit my sell limit so put it all in here to double my holding. Am slowly working my way out of the volatile AIM shares, and am increasingly happy with boring shares and divi payers like this one. Personally I think this deserves to be around 200p at the moment, seemed massively oversold after the ex divi date.

Unless I am mistaken then the BBC trial finishes towards the end of April, or about three weeks away, and we really should hear something about it. Good or bad.

I'm still here and looking at the same figures as you. I have broken my own rules and didn't cut and run in our December freefall. This one was always going to be a 3 year share to get in early on for me, unfortunately I obviously got in too early. I really cannot understand our low value, the earnings potential is huge as far as I can see. The bod do seem to view being a listed company as a necessary evil, and it wouldn't surprise me if they took it back private when they have the cash to do so. Certainly with such a low mcap now would be the time for them to do so. I obviously hope they don't. I have a small position here compared to others in my portfolio as I fully believe they will make huge wads of cash, just not sure about the bods aims. I have invested in the company not the people, which may bite my behind, hence the low position!! *shrugs*, it is what it is, potential realised then my retirement is made a bit easier, fails and it gets put onto my 'experience' list.

My thoughts on MYT are that they are the right company doing the right thing in the right country at the right time. Building of wind/solar farms is not a cheap thing to do, and the first few years are always going to be stacked with debt, but once either the revenue starts piling up, or they sell off the assests for a quick return we will be in a much healthier position. I can't see a massive jump back up in SP, but once the results are out (and the initial 'sell on news' crew have gone), the market will realise the potential for this company and the price will walk it's way back up to where it should be, which for me is around £1, how long that takes is anyones guess, but if we are halfway there by end of year I will be happy.

to me it makes sense, this share has fluctuated between 140 and 210 since mid 2015, and it pays dividends at the same time each year, follow the chart and transpose dividend dates onto it, climb up to ex divi date then a sharp drop off as people move their money elsewhere for 6 months knowing the price will be roughly where they left it. curse of a boring share unfortunately!

Skid, from their last RNS: Any changes may result in a significant additional non-cash charge to the income statement in 2016 the word significant to me means the results won't look as good as they could have and therefore will invoke another mass exodus (if there is anyone left by that stage....)

They have already stated they are looking at changing to the new Indian rules regarding depreciation of property etc, so they have forewarned us the figures may not look good this year because of the costs incurred, so one would hope that this drop is the one we usually see after results are announced and it doesn't go too much lower, but it wouldn't surprise me if we had another 8% drop after the results.

The last time it did this the rupee was doing the same, just checked and rupee is on 16 month high against the dollar and has climbed against the pound and euro. So it isn't that then....

Typical action from me though, yesterday I sold out one of my other shares as it had hit my target, and I considered increasing my holding here, but put it elsewhere instead. Oh well, still got a tidy sum in here and very happy with how it is progressing.

Manksy, good point well made! I understand the mantra of buy on rumour sell on news, but not for a solid dividend share like this. Redde are saying 'we would like to give you some more money back for your support in our company' and investors are saying 'no, you're alright thanks'. Don't get it.

Profits up 37%, Dividend Increase 11%, clear strategy, can we see the SP move back up to 200 where it should be?

BillB, ignore my previous post, the RNS wasn't showing up on my screen for some reason. Does quite clearly state all four installed. thought there would have been a bigger song and dance, but maybe they are finalising all connections and testing before they officially announce 1A to be complete. Job well done I reckon.

is that all four? by my following on Twitter that was number 3, could be mistaken as they have used similar photos for differing tweet, so not entirely sure. Got it in and attached in half an hour, pretty good going, keep it up ARL.

Another positive RNS about projects and partnerships, will have to have a look into this and see exactly what they need to do.