Member Info for Snufkin

Well in 2021 MGM failed in a bid in which they said, Entain was a strategic fit? that was at £22 per share…. 73% decline since then(if my maths are correct). With joint venture going well, I wonder if the “old flame is still burning?” It was valentines Day last week. ;)

Hiya, I am wondering too.Shame, as I thought we might have settled, prior to a retrace. Lets hope it doesn’t become the start of a slow slide down…

Yes Dan, like the eggs that signify Spring & New life. unless like our Lord, we all get crucified :/

I think it’s the former…..

It’s fair enough they need extra time to talk. One small thing that was of interest, was the “specific date”.

Could easily have been another month, a “rinse and repeat”, vague. But to be three weeks, came across to me as “Being nearly there, a few loose ends etc etc”.

Quite encouraged.

Take care DYOR.

According to IG Index “news”. The company has gone into negotiations with Sidara.

What a lovely day, New contract & a 6% share price rise.

Same again tomorrow please. Boootiful- sweet dreams.

SP Reminds me of a boxer, completely KO standing up off the canvas and not knowing which is his corner? up /down

Agree with Laura regarding a RNS- However one thing the BOD could do, it to pop £10k in each…. Would send a calming signal without an RNS.

I have seen this type of drop before in other shares, but never been part of one. Very difficult day. Thought the review would be okay, but completely blindsided by the Q4. Reckless behaviour by the board. Should be banned from being directors in the future. They must have know weeks back. No regard for investors.

It’s only a thought, could the late drop be due to the number of possible interest rate drops cooling down for 2025? The was a lot of speculation that rates will remain higher for longer, or if trumps tariffs might be inflationary, hence them not falling much in 2025. Wizz has its debt pile to finance.

Pure speculation on my part, but the timing was after the US payroll numbers came in way above expectations.

£30 ;)

£30 ;)

Wow, hit the 50dayMA (812)and plummeted. In a real death grip, will come to an end, but when?

They needed to have put the dividend up by more than they did. The share is neither a growth share or income share….. “Falling through the crack in the payment”.

Getting slightly uneasy, as this continues to fall, prior to tomorrow. The markets expectations seem very low. Going to go either way, another poor one & I am not sure what would stop the continuous slide. On the other hand, 10% rebound would also not be out of the question, if the results are good & they raise the dividend.

Nail biting stuff.

All the best whatever your position is on this.

Evening Crossley,

I usually invest when a ftse100 share, daily RSI,is under 30. PRU has fallen under 30, so i too invested.

We’ll have see what happens.

Happy New Year….

Pivotal day?

If we hold this sp, the daily sp will be above the 50day moving average………first time since June….when we were at 35p.

IMO that should be the base established.

Long way “home”, but a good day, non the less.

Enjoy

Sadly this is life in the third tier of shares. Its even worse in AIM. The ftse250 seems like heaven.

Until we have the financial update in a few weeks, this will be all over the place. Regardless of what is happening in the ftse 100… that market has no real influence, down here in the darkness…..

Hopefully, we are just coming upto a resistance level, breakthrough above 18.2 & you might be right sharehead.

Sorry, just topped- doomed everybody.

Just picking up on JG’s investor relations post:

I wonder, as a parting gift, the chairman throws in a 1:1 rights issue to clear the debt???

Explain the drift, no BOD buying, reluctance to tell the world everything is okay…..