Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
It is looking dire now after bad results and I cannot see anything stopping it falling below 1 pound. I took the bitter decision to sell off with a loss and invest the money elsewhere. I can see this going lower in the short and medium term. The only hope would be a takeover offer, but I do not like to invest just in hope and speculation.
And much, much lower it goes! So glad I swapped this dog for Vodafone last week!
So I was proved wrong in my last post, regarding the quick bounce, but I am content with my holding here and can afford to keep it even if the price goes lower. I finished with buying just before the ex-divi. In my opinion the share is still a buy - decent company, increasing dividend, good emerging market exposure and a great hedging tool in case of further pound weakness.
Hi Imonly60, it was not that bad selling with profit, you can start buying back some cheaper already now that it fell below 3500. I have already bought at 3550 and 3500 and now waiting to buy much cheaper, at around 3440, not sure it will fall that low though. Despite any ups and downs, it is a safe share long term with very diversified revenue.
At least you got your SP increase today :)
Bought some more yesterday and today making ULVR the largest single holding in my portfolio. Yes, it might look expensive to some in terms of P/E, but the quality and strength of the company justify the premium. IMHO this fall is a great opportunity to top up and we can see the 4100 target posted today by JP Morgan Cazenove in the next six months. In case of further pound weakness, a Hillary Clinton win and the FED not increasing US interest rates in their next meeting, we can probably reach 4000 this year.
Unfortunately it is now very unlikely that we will see over 50 in the near future...
Who buys 230 shares at a time? That is really weird...
this is the perfect share for you!
Can see the gaps @52 & 54 be filled in the short to medium term. Share also looks safe for the long term - excellent dividend and lots of cash. The most positive for me is the Directory sales going up as a result of improved stock availability. This is a sign that they work to improve their shortcomings. As for the SP drop today I did not expect it and my explanation is speculation and perhaps that some market participants had higher expectations. Can see this back into the 50s soon and have trust in the CEO.
...and bought some back today at 242. I still think it has lower to go, but that might be a top up opportunity. Despite the concerns (Argos, competition etc.) SBRY is a well managed business that can pay dividends for years to come.
If it goes any lower, I can see FOSUN buying the whole company and bringing in their own management
made small topup already, could be FOSUN or some big fund about to buy at 65
They 've made a big loss already since sp is heading for 65p.
After a very long wait, the time to go up has come! Enjoy the ride!
all of those bad news and yet the price refuses to drop further... is going slightly up at this moment and big investors continue to buy (see todays RNS). Perhaps is too early to say, but the worst might be over...