Member Info for Trouts

It's a mystery to me afrc... Haven't been able to find any news, director deals, broker recommendations or anything else to make the share move so much relative to the market. I guess that one of the downsides of a small niche share like RCDO is that it often slips under the radar as not many journalists follow it; which is also one of its great attractions. Hopefully all is well within the business and at this stage, who cares what the market thinks! A promising announcement or a decent set of results should make people sit up and take notice ( at least for a little while).

Thanks Boomer for that unemotional response! I understand the point you make about a closed customs union, but the balance seems to be between the price of goods and reliable quality. Remove the overhead of regulation and prices should fall, but there is a danger that quality also falls (and counterfeiting increases). I'm not aware of any other significant force in this equation that will reduce prices. Indeed, the absence of passporting on services will have an opposite effect to any reduction in price of goods. As I did clearly state, I'm not advocating for either side of the political debate and I'm merely interested in the economic consequences. If anyone has any useful ideas on where these changes will feed through to the markets I'd be interested to discuss!

Oh Alan, it looks like you have made the mistake of falling for the "dream of Brexit", travelling to the sunlit uplands where Britain will regain it's place as a global power and people will be queuing up to trade with us. Just before everyone starts ranting, I am neither a remainer nor a leaver - preferring instead to watch from the sides to see where I can safeguard and increase my investment wealth. But, the reality is that any serious analysis (of all biases) shows that Brexit will almost certainly not be good for the UK economy, at least in the short and medium term. So, if I cannot rely on general growth in the UK to propel my investments upwards, I have to come up with different strategies to counter, circumvent or take advantage of the new situation that presents itself. Now the threat of a Labour government is off the table, we can at least be sure investors funds will not be raided by our government in the hope of resurrecting some Marxist dream. Returning to Barclays, it really depends how they can ameliorate the downsides of Brexit and realign themselves with a new post-austerity world but one where capitalism needs to be less selfishly corrupt to work its magic. I await their strategic plans with interest.

I've sold today at 2,463p... I like the company, I think the business is solid and the future construction market in the US and UK is not as dire as reports would have us believe. However, I am concerned by the debt. It seems strange to me to be increasing debt while simultaneously buying back shares - I understand the argument that borrowing is so cheap that it makes sense to leverage up (it may be even cheaper than servicing those pesky shareholders), but to do that beyond a certain level is just increasing risk. You can stop paying a divi to shareholders, but you can never stop servicing that debt! I will keep on watching this share, but right now it just feels a tad uncomfortable. Good luck all.

I can't see a Lib-Lab pact while Corbyn remains as leader of the Labour party. He is fundamentally anti-European, hence his complete absence in the campaigning on the referendum in 2016 (the backroom boys didn't want him appearing anywhere in case he let slip his real views). The UK is basically very comfortable in the middle politically. We dislike extremism at both ends of the spectrum hence the resurgence of the Liberal Democrats in recent months (but not enough to win overall control). I can easily see a gridlocked, hung parliament after December 12th with no single party gaining control and a continuation of the uncertainty. I can't see any of the major parties in coalition with each other, so we will have to roll the dice again. The Conservatives could win it, but the Brexit Party will take too many of their votes as it stands at the moment. More uncertainty, less investment, the UK becoming less and less relevant in a global marketplace. It does not look good.

Lol, I agree! I bought in recently and instantly showed a loss. I figured... paper packaging in a world recognising the damage done by wasteful use of plastics, but still obsessed with online shopping and deliveries. Paper and cardboard packaging is a no-brainer and a company with a head start in design and production should be a winner. Hopefully the wider market will wake up soon!

Lol, we are some way from a Brexit deal! Plus the pound has been around this level in the recent past and the P/E and yield haven't changed overnight, so still no insight on why there is currently a 7% rise today.

I've been looking around trying to find any news that has boosted the SP today. Can't find anything yet, but the rise seems solid on reasonable volume. Anyone heard anything?

Crest Nicholson is one of those companies where as long as the management stay true to the basic principles they should be sound in the medium/long term. I've seen the houses they build and heard the comments of some people who've bought them, and they are good! If I was in the market for a house right now I would definitely consider their new builds. As long as they build stuff that is good quality and don't reduce that in an effort to cut costs, then I am happy that market sentiment will eventually realise they are solid. My personal view is they should behave like a company with a 500p share price and pay dividends accordingly. The market will catch up eventually!

I don't know what to make of this company and their stock. I'm sitting in a WeWork office right now (there's a company that's massively overvalued!) and can't help thinking that IWG are doing the same thing but are given a fraction of the valuation. I have traded these successfully before but right now I can't work out whether they are a bargain or just fairly valued in a sector where valuations have gone nuts. Anyone have any experience of their offering?

£300k buy from a non-exec director. They even had the decency to wait until after results announcement (makes a pleasant change). This company goes from strength to strength and I think the US construction market risks are overplayed. I'll be tucking these away and reviewing again once they've gone up by 20%.

The fundamentals are strong and the SP is around 7 x forward earnings. The key as I see it will be an increasing dividend. It is a little low at the moment for a mature business like banking but if that starts to rise then the stock price should follow along nicely. Shocks aside, I see now as a good time to take a punt. If you are wary, then wait until the next interim and final and see if they are heading in the right direction.