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Ah Okay Vred. It is not likely here in the foreseeable future. The BOD will be focused on getting to their bonuses for hitting £6 over the next couple of years and growth is their route to that.
Many companies have paused their dividends due to the current climate.
Centamin are still paying. https://www.centamin.com/investors/shares-dividends/dividend-information/
I agree they are unlikely and it would be a warning signal to me about slowing growth. I am not sure why people are suddenly asking for dividends? Curious why? Is it because other shares have stopped?
Centamin are still paying them if anyone wants a dividend share.
Personally I'm not a fan of share price predictions as they are always wrong. However, it is the same on every board and we don't have to read LSE all the time. I just dip in now and again to make sure nothing catastrophic has been posted!
Re: Jambon, I used to read the board then (as many others do before they sign up for accounts) and his posts encouraged me to hold through the dips. Shame he and others got robbed by Koovs. I followed it as there was a bit of cross-ramping on here at the time.
Agree with you longer guy. A fair few bought for a medium term swing trade and if they all try to sell today it will dampen the price.
Also we need buyers above £4. I wonder if maybe people aren't quite ready to pay £4.00-4.50 for this just yet. It will come though in time. Hopefully some broker upgrades are on their way. US growth is very promising long term.
Maybe some people sold to chase rainbows elsewhere. A lot of news has been released this week, trading updates etc.... Short term there were other shares to get gains and some people may plan to buy back in with those gains. Personally I haven't got time to sit watching share prices all day but if I did, I may have been tempted to do that.
There were also perhaps some people hoping to make a quick buck who now realise they may have to wait longer.
I think the RNS was positive. I'm pleased people will be able to access treatments in hospitals before approvals and it seems like a good way of making that happen. It doesn't mean there won't ever be a deal with big pharma. I don't know what the outcome will be but I think there is more to come from SNG. This is the start of the commercial side of things really.....
Hoping for results that exceed expectations tomorrow. I think everyone is expecting them to be good. We have a lot of new investors from the recent fall to £2ish so hopefully most won’t all try and sell on the bell tomorrow!
Hold for gold as they say!
Good luck all.
I don’t read the motley fool articles anymore. They used to always recommend selling boohoo a few years ago and then the price would go up soon after. I think it’s best to ignore their recommendations regardless of whether they are positive or negative.
I could be completely wrong but I always interpret sudden drops that sharp as a short because a short floods the market with sells which lowers the price. However I am happy to stand corrected if someone knows more about this than me ....?
I wrote to my MP 16 Sept. I haven’t had a reply. However I have emailed her about something else in the past and her assistant replied to me saying my emails were read by the MP. So hopefully she has at least read it.
My thoughts on today’s RNS is that it shows to always expect the unexpected with Boohoo! I don’t think many people would have predicted this today. It was pretty smart to do this separately to results, boosting the price before results to give a chance of a double rally overall. Perhaps this has caught some Shorters out. Who knows. If they haven’t closed and do so next week that would push the price higher. They are still listed here although I think there is usually a few days delay updating it https://shorttracker.co.uk/company/JE00BG6L7297/
I’m anticipating good results on Wednesday but I never count my chickens until it happens. Fingers crossed and good luck all!
No idea. For the last trading update the build-up only really started the afternoon before. But for the annual results it was rocketing every day for about a week before - perhaps because Asos had done a trading update and was also climbing (after the pandemic was declared and the March lows).
One thing I’m wondering is what these Shorters will do. To me it seems risky to not close them before the trading update but I don’t short so I’m no expert. I would have thought they would have opened them at £4-£3 and closed at £2. So why are they still open? What does everyone else think? https://shorttracker.co.uk/company/JE00BG6L7297/
Agree CW25. I paid £2.06 so I am not over the moon with the slide but the whole market is suffering. I think we may all get a bounce tonight if lockdown v2 isn't introduced. Everytime I contemplate selling this I decide not to because I have trust in the company (whereas a lot of AIM companies, I do not always have trust that the BOD will not be purely self serving). They are trying to save lives and I really hope as many people as possible can access this treatment so that is what makes me hold. Also the Venrock purchase gives me confidence as I believe they will have done DD before buying in and VC's usually want a 10x return. Personally i would be happy with 50%!
Maybe but Boohoo don't tend to RNS often with news. Usually just trading updates or acquisitions (or Leicester scandals!). The rest of the time they just crack on with it. I don't recall an RNS for any previous regional launch....
Silently agreed with many of WAM's sentiments, that's why I didn't hold but it gives me no joy to see the price falling. I read the trade press daily and spent a big chunk of my working life in the travel industry. The industry is on it's knees, it's very sad. Recommend all holders read TTG and Travel Weekly to gain insights and make informed decisions. The flip-flopping quarantine rules killed demand and made operations challenging as you can't just put a flight on to wherever tomorrow and fill it. I hope that things turn around soon. Hopefully rapid testing, therapeutics and a vaccine will come soon for everybody's sake. Good luck to all holders.
Haha very true sanibel. Also on EUA.