Member Info for skier1

Looks like the mother of all spikes here! Only has 3-6 weeks of cash left, needs an urgent placing (dilution), and it is delisting in July.

Massive scramble for shares...

Revenue rising +2% to £1b.
Profit doubling to £107m.
Ebitda at £350m.
Roadside membership growing.
Average income per member rising.
Average income per business-customer rising.
Motor insurance unit growing +19%.
Average income per insurance policy rising +4%.
Conversion from roadside member to insurance leaping from 25% to 36%.
Free cashflow soaring sevenfold from £12m to £83m.
Cash in hand at £200m.
Pension deficit and total debt reduced by £300m.
The debt and pension corner is turning.
Dividend yield (when it returns) currently around 10%.
No material business impact from the plague.
Shorts have fallen rapidly from 11% in May 2019 to 8% in Mar 2020 and 6% in early Apr 2020.
Shorts today still have ~40 million shares to buy back.
Big short squeeze underway.
Technical charts today pointing strongly to 27p as the next stop.
Daily trading volume is currently 20-40 times higher than normal.
Rising price + rising volume = bullish sign.
Fair value is calculated at 99p.
Almost all major broker forecasts currently range from 50p to 200p.

Shareprice today = 19p / £115m...
EPS = 1 (one)... FTSE250 EPS average = 15-20...

Tesla got a rocket under it, up +15% at the close.

Dow is just normal profit-taking after a big couple of weeks. Plenty of stocks going up -- Tesla has soared +10% today.

AA is a classic once-a-decade recovery play. Profits have doubled, and EPS is only 1 (one). The FTSE250 average EPS sits around 15-20. It is a no-brainer.

IG open for FTSE and Dow futures trading, and they're both up.

Directors are in a closed period.

Good link.

FTSE futures for Tues are up.

Has only 3-6 weeks of cash left, will need a placement (more dilution) very shortly, and is delisting in July...

Lol. Fifteen posts and 2 weeks of investing and 22k salary and now a millionaire and retiring early... Are the schools closed this week. It's a jackanory ;-)

As others have posted, every week of lockdown brings AA roadside and insurance more profit, due to far fewer claims. And when profits go up, EPS ratios go up, and shareprices go up.

What's more, the Fed poured $2 trillion into the markets last week, the EU will shovel in another $0.5 trillion next week, and the ECB wants to top-up with at least another $1 trillion in the second half of April. Plenty of near-free cash out there to support stocks.

Yes, the trend is clear. Revenue up, profit up, free cashflow up, income per customer up, insurance business up, membership up, deficit down, debt down, shorters down, share-trading volume up +2,000%, shareprice up +30% in just a few days. The corner is turning.

Yup, the Fed poured in $2 trillion last week, the EU will pour in $0.5 trillion next week, and the ECB wants to up it to $1.5 trillion before end of month. A tsunami of near-free cash supporting the market.

Yup, AA is sitting on a PE ratio of 1 (one). The FTSE All-Share Index today is sitting on a PE ratio of 13. Even if you halve it, then halve it again, in an ultra-conservative benchmark, you're looking at 45-50p for AA. Apply the same FTSE average, and you're looking at an AA shareprice of 150-200p.

Revenue rising +2% to £1b.
Profit doubling to £107m.
Ebitda at £350m.
Roadside membership growing.
Average income per member rising.
Average income per business-customer rising.
Motor insurance unit growing +19%.
Average income per insurance policy rising +4%.
Conversion from roadside member to insurance leaping from 25% to 36%.
Free cashflow soaring sevenfold from £12m to £83m.
Cash in hand at £200m.
Pension deficit and total debt reduced by £300m.
The debt and pension corner is turning.
Dividend yield (when it returns) currently around 10%.
No material business impact from the plague.
Shorts have fallen rapidly from 11% in May 2019 to 8% in Mar 2020 and 6% in early Apr 2020.
Shorts today still have ~40 million shares to buy back.
Big short squeeze underway.
Technical charts today pointing strongly to 27p as the next stop.
Daily trading volume is currently 20-40 times higher than normal.
Rising price + rising volume = bullish sign.
Almost all major broker forecasts currently range from 50p to 200p.

Shareprice today = 19p / £115m...

You need to find better brokers with better market-makers and faster computing platforms. There was ~£1m of NCYT stock being traded every ~5mins around the 400-520p level yesterday. At the peak, there was ~£50k being traded every ~10secs. It was quite easy to sell in the frenzy, with the right broker.

Should say NCYT (not NYCT) :-)

If you had punted £45,000 on NYCT in January 2020, you could have cashed-out today with £3,800,000 and retired on Easter weekend...

If you had punted £45,000 on SXX in December 2018, you would be left today with a pitiful £6,000 and look like Jack Nicholson from The Shining movie...

Read this, particularly point 9, from Warren Buffett, by far the world's most successful investor.

https://www.simplysafedividends.com/intelligent-income/posts/37-top-10-pieces-of-investment-advice-from-warren-buffett

Have fun.

AA shareprice up +30% in under a week. Daily trading volume this week is 20-40 times higher than normal. Rising price + rising volume = very bullish sign. Technical charts point strongly to 27p as the next stop. Shorters still have 40m shares to buy back. US Fed pouring another $2 trillion of near-free cash into the markets.

Technical charts now pointing strongly to 27p as the next stop (up from 25p). Huge volume, buying frenzy, and a rerate from a PE of just 1 (one).