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Absolutely not, I’m heavily invested here and hoping for a great result.
As an example though, someone considering buying in recently asked the question if this was such a sure thing to return £0.80, £1, £1.50 etc, why has the share price been around 30p for months. The answer clearly is because it’s not a nailed on certainty. Pointing that out here is seen as deramping.
It’s been a long time since I’ve seen people on here saying it’s a bad investment or overpriced. There’s plenty who don’t buy into the crazy valuations though.
Nor have most of the bullish ones. Fact is nobody knows exactly what will transpire here or on any other share. I’ve always found it interesting to listen to all views and make my own mind up on the risks.
Great post.
There’s a real insecurity here with certain posters that cannot bear to listen to opinions and views that might be less bullish than their own.
Think you’ve summed it up yourself. If the company does what it claims it’ll do then the SP should fly from here. But with a director bailing out and now delays announced there’s still a risk, but buying at the current level mitigates some of that.
As much as people on here will talk about face masks being around for years, the reality is they won’t post-Covid. The general public won’t want to wear them longer than they have to, and same in hospitals. The people claiming NHS staff, who are also at the front of the vaccine queue, will be wearing masks clearly haven’t set foot in many hospitals in recent years. Outside of Operating Theatres, mask wearing in hospitals was close to non existent. The window of opportunity to get these masks out is closing, and that’s why another month or more delay was viewed so badly today.
I’m 47 and no underlying issues.
Yes from me.
Monkey70
I only post on shares that I hold - can't see the point of posting on other boards personally.
Only reason I sometimes urge caution is to try and give a balanced view as so many boards are full of rampers who are completely blinkered. Someone in this thread asked for an opinion and I gave it. If you read what I said then I'm not sure how that can be classed as 'deramping'.
However, happy to be lowered into your green coffin and you can keep living in your echo chamber.
I've been in since around 3p, so no I didn't buy in on the recent rise.
I've also had several other shares in the past where I've been burned waiting for the good news that never came, and watched a lot of profit disappear quickly.
I'm holding on and waiting here, but also realistic to acknowledge there is a risk involved. If you don't, then good luck to you.
To a degree you've answered your own question there. If you believe 'No Deal' is very unlikely, then the other 2 scenarios will both see a significant rise in the SP if they come to fruition.
I don't necessarily agree with your reasoning why No Deal is unlikely as Piper will be happy to continue to trouser their fees whether it ends in a deal or not. However, whilst I agree this is the most unlikely scenario out of the 3, it's not one that can be eliminated either, and the longer it goes on the more nervous many are becoming.
No reason to assume that the millions of shares sold last week were bought by a small number of investors which would trigger a TR1. Much more likely that the buys were spread over thousands of different investors.
Why would it not be your average PI? 500k shares is £14k.
Possibly, or more likely that the trades classed as buys or sells are not accurate.
Bossman1 = Candyman1 = Darkvadar
He still has 38m options at 1.2p, so he's got a lot of skin in the game. If those get exercised and sold then questions would need to be answered. It could simply be that he's leaving the company.
Buying 'on the dips' doesn't really apply to this share when it's dropping every bloody day!
There would be asset finance options available to National Express, although without having looked at their accounts I imagine their coaches are already purchased using this type of finance. As has been mentioned above, I don't imagine that they have a significant inventory of 'stock' as they don't produce any product as such.
@ Uwalty
I agree it's frustrating, but there will be no 2 people on this board that will hold the exact same average probably either. I guess that's the whole lesson/luck about timing your entry. Nobody will get it perfect but you have to be comfortable yourself with the price you pay. As someone with an average of over 5p here, believe me I hear you!! The reality in your scenario is that if you paid 7p and then a rights issue diluted you back to 5p, then you probably have to accept that what you paid was too high at that time.
Agree with most of those lessons, but I've also learnt the hard way over the years that 'averaging down' is about as high risk as it gets. Any book on investing will tell you never to do it. I'm under water here and could average down at the current price, and my view is that I believe it will still rise to return a profit. But if I'm wrong, I'm not prepared to increase my losses any further either.
Who knows where sentiment will take this share.
As a cautionary note though, SP of 50p is close to a £2b MCap. Bear in mind that we only have 30% of HAV, and if nothing else is proven by that point, that puts close to a £5b value on HAV. While we are all hoping/expecting NCM to make us an offer for HAV, do we think they'll value it at that kind of level? NCMs MCap is AUD$26b, which is £15b. I'm not so sure those kind of figures make sense - although here's hoping...….
Similar to yourself, I've been in here about 3 years with an average of around 1.5p. I sold roughly half my holding at around 7p, which in hindsight was far too early, but I don't regret it as it allowed me to clear my mortgage. With the rest of my holding of about 600k shares I can wait and watch now without feeling any pressure to sell.