Member Info for soleman1

Technically the chart has built a support base and rejected a lower low in favour of an up day last wednesday. Hopefully it follows through with recovery next week.

Totally agree, im a value investor this isnt my bag but the fundamentals are so compelling i see this at £5 in a years time, hope i can hold it that long i have a habit of selling too soon.

Im not sure the market will like this, might be wrong will watch the open.

When considering banking profits/trading I would say corona 2020 has afforded the best opportunity to buy quality blue chip stocks since the 1930s great depression. If you put that time perspective in its worth recognising the value of what you have achieved picking up stock at these prices. Im not saying dont bank profits or trade but over a longer time frame I feel the risk of selling outweighs the risk of a short term dip. GL

Wouldnt surprise me if this doubled next week, that would still make it cheap. The way this thing has moved in 2020 I also wouldnt be shocked if it halved!

I consider the vaccine to be a structural change, it has given the market certainty and a time frame. Time and time again after such events I have banked gains with a view to re-buy lower only to see my 20-30% could have been 100%. I expect the market to melt upwards towards christmas, november and december are also very good months for the market so this time im sitting on my hands.

Large buy just gone through, it appears confidence is returning.

*could well be

Thats an excellent summary Marfthew, I think the best strategy right now is to buy the dips in your favourite blue chips, particularly those with a disrupted but historical dividend paying strategy. For me its shell and Hsbc but there are many others like bt that could be argued for. If you buy and hold these companies long term your return could well in 10-20%PA just in dividends let alone capital appreciation.

Yes indeed, 2008/9 everybody thought the world was ending. Some companies did fold but for many it was a multi decade opportunity to buy good companies at aim prices. We will see is all I will say.

With contracts booming its hard to see margins decreasing, simple supply and demand. Ask any contractor what happens to their quotes when they are getting too much work.

Excellent, what were people thinking selling out over the last few sessions.

But happy to have doubled my holding, not sure how this can be seen as anything but a conviction buy at this price.

Yes half price on assets alone, I think sales will be the catalyst though. I have a sneaky suspicion they will announce expansion plans despite saying they wouldnt this year. If thats the case you would think have a bit of cash in the bank.

Looks like some are recognising the crazy price prior to results, i think decent results will push this to 80p. Its a big call but watch this space there has been a lot going on in the background judging by the snippets of press.

The sp is a false close if you look at the bid/close it will be well up in the morning to reflect that, still dissapointing on a big up day for the market.

I would go through the fundamentals again looking at forward revenue, profit, divvi and take into account cash in the bank vs market cap. I also bought in the 130s held and have added today. I think this stock was way undervalued even before the corona drop.

haha prosecco is more like my price range, could be a few quid better off after today though I couldnt have dreamt of a better trading update

Champers anyone?

sellers cleared, time to rerate