No idea . But if there was a genuine 1 m + sells through the market the sp held up quite well. Looking at the 1 year chart the current sp represents a buying opportunity .( not that I am a chartist ) ATB
Tune1 i could not agree more I take no notice whatsoever of them except perhaps to take an opposite stance if all the sheep duly buy or sell as a result of a rating. What amazes me is how these guys hang on to their jobs and cope with the embarrassment , in most other industries they would be fired. ATB
Sold top up on Friday @ 1834 . Nowt wrong taking a quick profit. Not long now for full year results , not expecting anything wonderful, lets face it the economy is showing signs of fatigue if they can maintain the div that will do me just fine. A deteriorating economy might be good for GOG in the long term as punters dump cars and take to public transport.
up @1726 . Is everybody going to stop travelling because Teresa messed up ? Even if Labour got in and nationalized ( highly unlikely they would have to be in a coalition and therefore unable to act on their more extreme measures ) they would not get it for nowt.
If the software etc supplied by 6PM holdings to the NHS performed well in the recent hacking fiasco , Idox could very reasonably expect a lot of new business from that source . Very large budgets in the NHS , the future could suddenly have become a lot rosier .
yesterdays fall was due to -- 1 ) The labour manifesto promising rail nationalization . For once the polls are correct, it will no happen.
2 ) Smarmy carney taking an eternity to state the bleeding obvious This is the central banker / politician who stated that if we the peasants are thick enough to vote for Brexit the economy will go into immediate free fall. The exact opposite happened , he then took my breath away by stating that he had saved the situation by cutting already non existent interest rates a further whole 0.25 % !! Blows my mind , and we pay him millions for this . Can we not find an out of work actor ( British ) to replace him , it would have to be an actor because it is essential that central bankers maintain that facade of infallibility and being in charge of every situation.
Hi Chukker, We actually finished very slightly up , i suppose you mean the decline from + 2% to the close. This share has somewhat limited volume traded so it is vulnerable to manipulation by institutions / hedgies / MM's etc and imo it certainly is being traded / manipulated . a few weeks ago the classic was an opening at a new low with about 10 shares traded then within seconds it was + 1% with no trades in between.. Does not worry me i only buy into value / weakness and I am prepared to hold until that value shines through, picking up robust divs on route is a major +. ATB
The " UT " 0.5 % shave timed at 16.35 is a standard feature here. Beats me how this can be described as a free and fair market. Pointless making any trades after 1600 . Very low volume today ( at least in the more normal trading times ). Suppose punters are awaiting news from the talks , even if they fail i cannot envisage any aggressive selling, if there is I will be topping up.
New talks April 25/25th. A lot of politics involved here because it seems to me that the company is merely trying to instigate policies imposed by HMG. Whatever transpires any negative outcome is well and truly embodied in the sp ATB
Guess what? That pesky " UT " trade timed yet again at 1635 shaved off the usual 0.5 % after the market close. You would think that they would use some imagination and transact it at some other time. This happens too often to be anything other than outright manipulation. Has no impact on me, but it absolutely should not be happening.
Today we have an admission from the central bankers at the BOE that they instructed bankers to issue a fictitious Libor rate . This is authorized fraud, pure and simple . Their mind blowing reason for issuing the instruction was that the market was not regulated , well I was once under the impression that fraud was illegal , but anything goes in these markets . They state that London is a leading financial market and maintain that holier than thou squeaky clean front. The hypocrisy is astounding.
These brokers come out with their fancy price targets , upgrades, downgrades etc. i could not care less , I will be holding here for the div yield . Not likely to be cut and difficult to find elsewhere . The Fed are raising rates , but the morons this side will not dare to. They have painted themselves into a corner with all the debt that they have encouraged ( help to buy etc. ) . This fact alone will support shares with a strong yield. ATB
Thanks for info Mulder. I am not surprised at the market reaction, although I did think scare mongers might abound. The vote was close and the deal was recommended by the union , if anything GOG comes out of it looking the wronged party. The sp dropped because of the dispute so it is still well in the price.