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Good day today, although that was the case for many shares. I’m planning to sit on this one patiently. Positive news on overseas developments welcome, and as stated previously, I have a sneaking suspicion that there will positive news ahead at home in the weeks to come.
I’m not day trading this share, or leveraged, so today’s retracement in recent progress is not really material to me. It’ll creep back up again I expect, as I don’t think many will agree with that 82 pence analysis. IMHO before it got to those levels, it’d be vulnerable to a take over, which I expect would send the SP up substantially. It’s a hold and be patient for me.
Might have called this wrong, but jumped on board this today. Reasons:
1. Not certain Govt can justify the expense of going head-on competing with Trainline - collaboration would be cheaper/ better use of public money, Trainline have the expertise as existing market leader.
2. Negative perception of Govt’s impact on employees of Trainline, by setting up in direct competition.
3. Govts poor track record of successful delivery in these types of apps, e.g. test and trace.
4. Massive drop in SP - lots of negative hype/ press - possibly oversold at this price.
5. Didn’t actually cost me hard earned cash to buy in, as I purchased CCL when totally out of favour, which has more than doubled, so just used those profits.
Always wished I’d had the bottle to by CINE at 15 pence when everyone was dumping them - seems like similar sentiment here with this one......we’ll wait and see how this plays out now. GLA.
Can’t remember exactly when I bought my first tranche of CEY shares - sometime last summer at 164; have since averaged down. Initially, I jumped on board following temporary closure of part of Sukari mine due to instability (rectifiable), and a decent share buy-in by directors. Average price for me is now 125. Looking forward to watching this go back into profit shortly, and push on from there, which I believe it will do. It is my biggest share holding, and I’m pretty comfortable with that. GLA - have a good weekend.
Yeap....cashed out of spot gold at 1843 tonight having bought a couple of days ago at 1820...... the only trade I got right this week though.
By the logic of the original post, that must mean live sport is dead, theatre, meetings, pubs, restaurants etc - all dead, as we all have great tech so can watch at home; cookers, can buy drink and consume at home......deramper or cretin alert, or both!
Feels cheap this share. I’ve said it before, I’ll say it again, this ain’t no Ocado - it should benefit from all those household savings, regardless of being a supposed COVID beneficiary. Just my opinion- dyor. GLA to all invested.
I don’t get this price drop, but, if shares always did the logical thing, trading would be like stealing candy off a baby. I’m in this share for quite a bit, having topped up again last week. It’s certainly not time to call it a day in my view, as even if internet based traders like AO are not presently in vogue as we move out of COVID, as technically, they have to compete with retailers that have now reopened, my thinking is households have saved so much in the pandemic, that splashing out on new goods for the home should impact AO positively anyway. Also, I don’t know too many people that wouldn’t compare the white good costs in John Lewis for example with what they would pay on line at AO. It’s a hold and top up further if it drops much more for me. GLA.
Not worried.
Ignore deramper DarrenBuffer advocating a short. Why short a share which has already fallen to its low point in recent months that is in a sector which has been showing signs of recovery over recent weeks? Just my opinion, I couldn’t resist buying back in last week.
@Shareflyer
A bit more patience required with RR, I don’t expect Hammerson SP behaviour will differ greatly from RR IMHO - I’m in both BTW.
@Paultheman
I think if you look at this sector as a whole, there is a good chance you will get your £1.46 back in the future, as public transport will be an important sector post COVID.
Yes FGP will be much smaller post the sale of its US operations, but there will be chances for it to grow again once it’s not so indebted. A loss is only a loss when crystallised, and I don’t see FGP going to the wall, and believe it will push on now.
Getting a bit hammered on this one. Hopefully start climbing back up again shortly.
Couldn’t resist jumping back on board today at this price. Ignore the derampers, they’ve got their own agenda. I anticipate holding long term. GLA to those invested.
Glad I jumped back on board a few weeks back. Looks like the tide is turning and there should be some interesting developments to come over the coming weeks/ months. Time this sleeper woke up and started to perform like others in the sector. Even more glad I jumped on board PFC sub £1.00 more recently, like it sounds some others on here have also done.
Bit harsh IMO hoverfly. I bought both SGC and FGP back in Q2 2020. Sure, my SGC shares have performed better, but FGP’s increase is not too shabby over the same period (in excess of 70%). I accept that there are others here that have been invested much longer, and appear to have genuinely founded disappointment however. GLA.
Won’t be day trading in and out of this share. Too worried that if I step off the proverbial bus, the doors will close, and I’ll watch it disappear into the sunset. I’m staying on board, accepting others profit taking will cause the odd ripple, but anticipating the upward trajectory will keep on going, maybe slow and steady, but that’ll do fine by me.
Will watch from the sidelines with interest. Bowed out in Q2 2020 sub current price, fearing it was a one trick pony. Was surprised at how SP took off subsequently, as I thought I was late to the party at £3.50 per share back then. GLA.
IMHO anyone short on this below current SP is daft. Some optimism on here about actual speed of recovery, which would be great, but if it takes longer that’s OK to - but I do think this will recover nicely. Very glad to be on board.
Just surprised that more investors haven’t cottoned onto this share. Onwards and upwards.
Not tried the gold - but I agree Hobgoblin is a top beer at such a great price thatI don’t feel compelled to seek a shareholders discount at the till.