Member Info for Sidam

Know how you feel. Usually when I sell it's guaranteed to send the sp up! Luckily I have held on here but I still need another 30 pence to break even

Thanks for links. Firmer motoring insurance premiums will be good for Esure but Go Compare also gives them an each way bet if punters head for the comparison sites!

Interesting - the collapse in sp always seemed very overdone and with the full control of Go Compare in the offing it is even harder to see how it was ever justified. Rising momentum continuing today. GL

Having held above the 208 resistance level yesterday has now gone straight through the next resistance level of 215 this morning. Very encouraging signs at last.

This seems too cheap. had to buy some!

Once again, the price has broken through the 208 resistance level but the last two times it didn't last; this time?

has today broken through 164 resistance level. Next one is 168 and after that 205. Personally, very pleased to see the regular steady upward momentum which has left previous resistance levels blown out of the way. Long may this trend continue.

Yes indeed! Cheers

Hi Rhambo. Following your very helpful comments and doing a bit more research I sold this morning at a profit so happy with the outcome. Will follow with interest how this one pans out!

Thanks for analysis which I have just had a chance to look at. Point taken about cash burn and probable need for cash call. Definitely not one for widows and orphans!

They seem to have been better than expected by the market which had priced the SP much lower over the previous couple of days. The company is confident that revenues will achieve a substantial boost in the second half and appears very upbeat about the second half.

You beauty - what a reliable old favourite this is - unfortunately ignored by most PIs

It does seem inexplicable that this share is now over 30% down on its flotation price when it is doing well in a challenging market. As you say, the mms may be at the bottom of it. I think when the turn comes here will be plenty of upside.

Certainly seems to make sense to buy out the entrepreneur/founder to enable the company to be managed wholly by Esure as the business reaches the mature phase. Market knee-jerk to an acquisition nearly always seems to initially be a drop before they really consider it.

164 is the next support level according to some technical analysts. I also have hopes that the price will go higher than that in due course now that they are picking up momentum. GL.

In the last few weeks it has been harder to find another share with such regular, if unsensational daily upward movement. Nice, steady momentum which now has 164 in its sights hopefully.

The 212.5 barrier finally breached - next stop 250?

The price is fixed at the time the scrip dividend date is announced and is based on the market price at that day. Any subsequent share price change is not taken into account.

A scrip dividend means that the shareholders can choose, if they wish, to have their dividends in the form of new shares equivalent in value to the monetary value of the dividend.

Thanks for link to Jing - interesting stats and started off well again today.