Member Info for SkepTick

I sold my shares in CCL on 2 July last year at £12.66, and I've been kicking myself ever since, as the price hit £20.22 at the end of January. So I was amazed to see that the price today has dropped back to £12.52, which is actually slightly less than I'd sold them for. I find it really quite alarming that the share price in such a large company can be so horrendously volatile - it's more the sort of price movement one might expect from a penny share. It makes investment decisions incredibly difficult, and gives support to those who say stock market investment is pretty much like betting in a casino - worse, in some ways, as at least one expects to lose in a casino, whereas nobody who bought CCL in January would have expected to lose nearly 40% of their investment in just two months.

Breaking news - Ian Rosenblatt has just issued a Winding Up Petition against RBG - case number CR-2025-000078.

"The only option I can see is for the shareholders to sue the directors personally for not carrying out their fiduciary duties."

Unfortunately that's not an option. Losses by shareholders are known as `reflective loss', and can't be sued for. Only the company itself can sue the directors, and because the directors control the company ...

"I’m Buying more this morning, mopping up the 25k & 30k shares are 6.2/6.3/6.4p.

Just want to increase my holding as much as possible in the next 7 days… news on the offers next week and it’s got to be a minimum of ‘double your money’ at these levels."

Or not, as the case may be.

I often wonder whether the people who post rubbish like this feel any responsibility for having persuaded other mugs to lose their money. Always interesting to see the Greater Fool Theory in practice.

This was part of the statement made earlier: “The group continues to develop and execute its strategy and turnaround plan, which focuses on driving higher profitability through: a better pricing and promotional strategy; focusing on more profitable product categories with shorter time to market; optimising the group’s channel mix; and a continuing strong focus on cost control."

Why does any company that wants credibility allow such garbage to be released in its name? Not only is it grammatically illiterate, but phrases like "driving higher profitability" and "optimising the group's channel mix" just stink of insincerity and corporate PR ******s. They could just have said: "We admit we've lost the plot a bit over the past couple of years, but we can and will fix it. We know what makes a profit and we'll be sticking to that in the future." There you are Mr Joules, you can have it for free instead of the £3,000 or so charged by your PR people!

"If anyone thinks that we are not going up today here wants head examining"

You were saying?

Still glad?

Clintek
Dodgy MM's opening up at 16.30p in the hope to pull in some stop losses. You are a disgrace. 7% spread trying to get some sellers too.

VernetLes
Sellers defo out now.

Torreaguas
all the weak and scared sellers have been bu**ed now, now we have the quiet period and then results and then back to 50p.

E_AL
L2 looks good , I’m expecting min >10% recovery by the end of day

Okehurst1
Positioning, selling hoping to buy back lower, panic sells by PI’s
Looks like we hit the bottom at 15.93 yesterday

All posted earlier today. All idiots, thinking they know what they're doing when they are completely clueless, just babies losing their candy.

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