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So a couple of months ago the CEO sells his entire shareholding back to the company for 72p, and now there's a profit warning? Call my cynical but it looks like one to be avoided.
Shares go up, shares go down.
Ah yes, those dastardly MM's.
It would be funny except for the innocents who get caught up in it and lose tons of money. It can become very cultish, with no dissent allowed.
Revenue up 15% on last year, pbt up "no less than" 7%. Solid update with continuing growth.
Yes, it;'s a great, solid company.
I wouldn't worry about the lack of posts - there's a strong negative correlation between number of bulletin board posts and shareholder returns.
Hope you're happier now, Samplemix! Another all time high today.
Sunset, if I was rich enough to move a £6bn stock on my own I wouldn't be posting here...... And I don't short.
Given the great update a couple of weeks ago this does look like a decent buying opportunity. News about the housing market has been consistently bad for over a year, but the major house builders keep making money. There's a lot less activity in the 2nd hand market but the demand for new builds is still strong.
Not until Brexit is sorted.
There's always been a negative correlation between bulletin board activity and investment performance.
I dunno, Corbyn looks close to number 10 to me. The Tories are busy ripping themselves to shreds.
Although I think it's unlikely he'd get a big enough majority to enact the more extreme of his policies. Even the best polls for Labour show a Labour minority government.
Several directors selling all their PSP shares is a little disconcerting.
Results here seem rather better than the market reaction indicates.
I recommend "The Intelligent Investor" by Ben Graham, in particular chapter 8.
Sigh.
I've never shorted and never will. Not out of any moral objection, but because unlimited downside does not appeal.
However, if there's a stock I really like, I love it when it comes under shorting attack. Because it gets cheaper. And the shorts have to buy back eventually. I made a nice profit from PETS recently by buying in when it was the most shorted stock on the market. Of course you have to evaluate each company yourself and decide whether the shorts have a point or not.
Most of the people who whine about shorting just want someone to blame for their terrible investment decisions.
What a daft idea. Shorting is fine.
So.... myself and 11,000 other people are currently watching a live stream of people rolling dice and moving small painted models around in the largest Warhammer 40k tournament of all time, the Las Vegas open 2019. It's strangely gripping
The game is getting more popular every year.
Kind of annoying how well the share price is doing - I like this share for the steady income, so a 6% yield was nice while it lasted.
Looks like a very reasonable price. Hopefully they can keep buying businesses at mid single digit p/e!
So......... why did they list on the main market in the first place?
The underlying business if doing fine here. I wouldn't worry too much about the share price.
It is interesting that we seem to move with UK-focused retailers. GAW is a very different beast which I don't think the market truly has a handle on yet.