Member Info for sheltie

Well, what IS 100% good, is that we can discuss both sides of the coin, in a civilised and mature manner. . .which makes a nice change! 👏👏

This is a small-cap penny share and they are notoriously fickle. They are also in a notoriously fickle industry too. So, I am bracing myself for some decent share price upside AND also, quite possibly, some significant downside, as PPP is by no means a 'slam-dunk'. Nothing is certain here, so folk should be completely realistic and try to be unbiased. I am invested here, but I'm also keeping it real, as anything might happen. That said, we will know for sure, as and when they return. At present however, being suspended ain't a good look for potential large investors; so Tick Tock PPP. . .

Yes, there's always that way of looking at it!! :)

Nothing at all to do with the US as they can buy when they like. It's the MM's that will keep this below £5 today.

Sorry I meant suspended not de-listed!

Irrespective of any RNS which 'may' or 'may not' result in anything mega dramatic happening (as everyone is second-guessing here, let's be honest!); it's a poorly run company. De-listing when you are a small-cap, penny share, is just not at all good. . . and most certainly not, when it has already happened before!!

This needs to come out of Suspension ASAP. Company reputational damage will take place if it doesn't, as

it's never a good look. Tick Tock PPP. . .

Futures have now nudged up into positive territory (+8.6), so that's a good thing. . .😀

My suspicion is that last nights mini-spike will be reversed today, resulting in a sub £5 close again. Doesn't bother me either way, but these are good learning opportunities as to how technicals, sentiment, round number share prices, slow summer months etc. etc.really impacts a share prices' daily/weekly movements. Unless you are looking to sell, then it matters not what it does this month, as it will still move up, down and sideways, anyway. Plenty of learning opportunities here, so nobody really loses out, during the usual sluggish month of August.

PS. Futures are currently marginally down and 'Trading Resistance' has nudged up to 506.67 (from 501.83 yesterday). Source:- Research Dept. at Barclays. . . .ATB 🫡

Many thanks. I'll give that a go and see what happens.

Is anyone else experiencing problems with their LSE sites? On this mobile it's tiny; on my

Lap-top it's huge and on my ipad it's fine. SO annoying...

Generally, the start of week two in September heralds the end of the summer holidays in the City and the majority will be back at their desks. . . . ..

Trading Resistance (TR) at 501.83 is batting this attack with ease. RR will need much heavier firepower to get past it and I personally reckon that that firepower will come in September, when the big boys are back at their desks. Then I expect the TR to be side-stepped and a decent move on up to take place. It's a recurring problem, in that volumes are always slow in August.

That said, if it hits 501.83 (and crucially, remains above it!) before the end of this month then great; if not, then I'm personally very happy to wait - because it will happen. Then it's onwards to 511.97 with the next resistance at 526.77. . . . ATB

Well, we all knew that it would hit £5 - problem may be in wether it can actually remain above £5?? Time will tell.

Either way, it's recovered admirably well over the last two weeks (it was just £4.43 on August 5th) so credit, where credit's due. An intriguing next two weeks coming up. . . ATB

Https://simplywall.st/stocks/gb/capital-goods/lse-rr./rolls-royce-holdings-shares/valuation

It's much more about the Institutions and they are always much much less active in August.

End of week one in September and the Fund Managers will all be back and buying into RR once again. . . .

100% Carrington. It's a VERY psychologically important pivot-point; so I expect it to be tested throughout the remainder of August, but end the month a little below it. Come week one of September and the market will be back from its vacation and we will push on from the £5 mark without a doubt. . . ATB

MID LONG

Trading support levels: 494.43 489.77

Trading resistance levels: 501.83 504.57

Support and Resistance levels

Support 1: 459.40 -7.95%

Resistance 1: 511.97 2.58%

Support 2: 445.30 -10.78%

Resistance 2: 526.77 5.54%

Source: 'Barclays Research' 15th August 2024

Exactly. There will be plenty of MM games, to help see them through the dull month of August. They'll just bounce it around like a cat with a mouse. However, come September and we are back in the zone of the 'serious' trading again. ATB

Oh and by the way, Market Makers need to make a living too - and this is what they get up to in August!