Member Info for Stupmy

Thanks JW, doesn't sound appealing, but I'm not supposed to be working today as I have guests.. Will try to catch up another time. Is Hexham still looking at this? He's a good clean view of accounts and the business side of things.

Someone else commented on the contract wins without managing to leverage profit from the margins on the contracts. It's actually quite common that these big contracts cause a short term rise in the SP as PI"s get excited about the big figures then the company gets little profit over the years the contracts run as expenses change faster than expected.

"It seems increasingly likely that we will see 16p. I won't buy anything until that price has been seen. After that I'll look for evidence that there are some buyers getting active."

That's what I posted on Feb 9th. It's a reminder to myself that despite it seeming trite and facile, TA is a very important tool when it comes to making money in the money markets. Having said that, no-one can see into the future so it's not a guarantee (there are ways around that particular problem). SP is currently 16.2 after touching something close to 15.8. I don't think the downside is quite over. I'd like to see 15.6 or lower before considering an entry. Not sure I will. I've not read the RNS yet, but I will before making any decisions. It would appear that there is no rush here

At least you've replied, that's already something decent, but you've actually said nothing and expected it to hold some meaning. Give us some examples? That might help me to understanding it.

Cureboy, if there's no evidence, then at least give us a rationale for the statement?

"The price was intentionally dropped so an institutional investor could load up."

What's you're evidence for that Cureboy? You state it as fact, so I assume you have some?

Swanley, if this closes below 535 or so, I suspect we're heading for 505 or lower.

Bit of a bounce Gary, but I fear 385 is very likely, not sure how long it will take.

I don't know why (MM's looking for volume?) but I think 12.2 is likely. I've spoken about that possibility previously.

You still in from 516 bonker?

Is it not just a reflection of low volume and lack of interest at the time you saw it? I realise you're talking about pre-open.

435 or lower is looking very likely now. Although I guess the previous low around 447 might act as support. We could even see 385 or below. I'm doing my best to be patient and wait for evidence that buyers can turn the SP around.

Boyo, I'm not hear for nothing. I'm waiting for long positions.

really boyo, i hadn't seen that, you can't say he**** (funeral car)? that's a test by the way.

The anti-bad language algo actually adds a bit of fun to the boards. I love working out what the poster meant to say!!

Tomtom, I think the media is much more sophisticated than playing the story out simply because it's a high street darling etc. I also don't think it's benign.

Agree boyo, I'm posting less and less detail, explanation etc as it's not what people want to hear. They want something that confirms their view and gives them 100% chance of becoming stinking rich. They don't want a considered approach. They also want confident experts (most of whom actually don't make money on the markets). The world is mad. We're all here to make money. Why do so many people fall into the trap of coming here to have a punch-up or in some way vent their frustrations etc. This and all other markets are a massive pot of money, you just have to know when to dip and in and when not. And as for when I'm often told "it's time in the markets, not timing the markets", that encapsulates peoples stupidity. It's a platitude used to sell products to people who want to pay for someone else to do the work (most often in a very mediocre way).

Think about that platitude in any detail and you'll see that 'time in the markets' is in fact made up of 'timing the markets'!

Still, it makes it easier for me that the world works this way.

I guess I don't look it in exactly the same way, but I see a similar future. I'm think the SP will falter at around 385. If it doesn't then I see 396 or above and a probable test of 406-407. But having said all of that (and I'm trading it). I also think we will see 295-300 at some point in the nearish future so I am not accumulating it for the moment.

Assume this has already been posted/discussed. But just in case

https://www.dailymail.co.uk/news/article-13142823/ocado-threatens-sue-marks-spencer-16-million-deliveries.html

That is interesting and a few stocks I follow support the idea that the UK markets are not fullfilling their primary role of 'Price discovery and efficient capital allocation'. I'm just hoping that over time the UK markets will rerate as international allocation is redistributed to find an better equilibrium. Some sort of shock in the US tech sector might help us.

How are coming to that figure GL? Is it based on what we know he owns and time or are you suggesting those accruals are continuing now?