Member Info for sudnal

Senior appears very undervalued to me at the current price.. With an adjusted PE multiple of just 3.21 compared to industry peers of anything between 6 and 17 suggests to me that this will re-rate with time. Also, it appears that they are financially stable and doesn't require rights issue from what i could read. Hold and dont give away shares on the cheap.

it was known for a long time that the AGM revolutions will be passed which includes US listing. Not sure of the market reaction today to bring this down. Also does companies in US not buy shares in LSE as it is. May be I'm missing something. Listing alone will not be the trigger IMO but solid results in 2 quarters with noise levels reducing from Muddy waters causing doubts.

This has further to fall if that was the case, which i guess it is. Its not about money for them as they said, but the ambition to become no.1 in the world..

Looks to me that there might be some bad news is expected regarding the takeover and hence the price movement today.

As i predicted yesterday, market knows something that we dont and hence the relentless fall over the last few days. At this rate of operational loss as many other analysts are predicting the recent cash raise from the rights issue will evaporate quickly and they will have to raise further cash from shareholders. Dont worry about TW, he and the millionaires will make money from the AM brand and F1. We PI's tend to lose the lot. Good luck to all holders.

Have been observing this share for a while and looks undervalued to me considering the numbers they've produced. Have taken a position this morning. Also any company paying dividend in the current market circumstances are considered performing well IMO.

It appears that the market has the knowledge that the results are going to be bad tomorrow and hence this has drifted down relentlessly over the last few days. I have cut my losses and bailed out this afternoon as i did not have the stomach to take any further losses. Let's see what tomorrow brings. GLA.

Peel hunt gave reduce rating today with a target of 30, hence the downward pressure looks like..

very scary drops over the last few days...Doesnt look like it found the bottom yet..

Agree whatamess. You have to go with market sentiment. Have been long on other stocks and burnt my fingers including nmc...sentiment is against aviation at the moment but the tide will turn at some point but not yet IMO

Will be too late to get on Monday after the announcement IMO..

I have done some analysis based on numbers that are available in the public domain. The average PE for this share over the last 5 years has been at 18. Given COVID 19, the management guided us to max of £40m reduction in profits that means profits will be £100m this year worst case scenario. Assuming this scenario price per share is 77 pence and if you multiply that with 18 it comes to a fair value of £13.84 based on historical averages or or £12.3 based on the lowest PE ratio this this has traded in the last 5 years. Based on data it appears undervalued IMO by atleast £2. But who knows what's to come in the business performance updates. As always DYOR before venturing into any shares. GLA.

Good price until we find the next good price looks like..

Last 45 mins or so before the train departs and probably IMO the last chance to buy at these levels..

Fingers crossed, let's hope it can return to some sensible levels which IMO it isn't currently considering their cash generating position and minimum impact on ops from COVID 19.

Believe in this company and have brought a fair chunk of shares. Don't think MW understands the business that well IMO. Results largely unaffected due to COVID19 and if anything will be a net positive for litigations. Next possible triggers IMO - release of results (should be fairly soon), US listing and any movement in major cases.

Looks like Peel hunt upgraded Burford today, to buy with a target price of 1094. Thought they downgraded this to a hold on 14th April with a reduced target of 500. They seem confused.

Although two billionaires acquiring 7% stake is good news. Yew Tree (Vehicle owned by Lawrence Stroll and partners) reducing their stake from 25% to 13.65% just a week after acquiring is a worrying sign IMO. Let's see what tomorrow brings..

Where did they indicate that there is no discount to the current price for placing. Couldn’t find any reference as such

https://www.asos.com/customer-care/coronavirus-updates/?ctaref=shop|coronavirus|hp - pls read this link.