Member Info for Ultrashort

Everyone out? I'm sitting on a heavy loss watching the short interest get higher and higher....GLA I guess

As at 31.12.2017 Allan Gray Investment Management held 22.03% of issued share capital. RNS confirmed on 20.02.2018 that 'Allan Gray UNIT TRUST MANAGEMENT (RF) PROPRIETARY LIMITED' crossed 10% holding on the upside (10.44%) which would indicate an increasing/new position. So just to clarify, Allan Gray Investment management and Allan Gray Unit Trust Management are two separate entities? Allan Gray therefore holds c32% of issued share capital in total then?

Alot of money went into buying this mine (c£90M) and in recent years upgrading and optimising this mine, most recent results showed c32k oz of relatively good grade were produced and sold from this mine. The situation with the Labour force looks like it's going to drag on for some time, with 90%+ of the workforce at risk the NMU won't take it lightly. Financially I guess this will be in the best interests of shareholders long-term but this could be painful in the coming months. GLA

Shares falling in anticipation of more poor results? As always we are the last to know. At least the short interest is way off the highs of c6% from last year. GLA

This company I believe offers excellent value after the recent sell-off. Only concern is the increasing debt but they have solid leadership - their CEO and CFO are both CFA Charterholders and therefore have the highest level of education in finance, so I would expect strong long-term financial management with the best interests of shareholders (which includes them) in mind. IMO inflation data from USA will come in higher than expected today and gold should move higher in the coming months as a result. I'm bullish on Gold long term and PAF are a great way to gain exposure, not without risk of course! GLA

6.6%... in 5 years the SP has fallen c32% yet revenues have increased c50% and net profit has increased c98% in that 5 year period... first of all why such high short interest in a seemingly "solid" company? I mean there is significantly higher short interest here than in other (much worse) outsourcers like serco and mitie group, that is actually unbelievable! The shares have already fallen so heavily but the shorts are increasing!? I can't understand. Also, given the improving financials over the years I simply can't understand why the SP has, and continues to behave in the way it does. The only thing stopping me from piling in is the short interest as history tells me that it is usually high for a reason!! When will this end!?!?! GLA

Oh well, fair to say Jefferies aren't very bullish on the company's outlook. Their analysis is robust but they're being very pessimistic with their assumptions, I'm backing Hikma to prove them wrong. Pipeline is being underestimated

What is it now!?

Great news! They'll all be flapping with the big win with the Australian navy as it is a sign of things to come IMHO. GLA

5.3% short interest is unbelievable considering it was only 1.2% a short while ago! Very unnerving, I look and think it is one of the cheapest high quality stocks out there then when I see the huge short interest I wonder what it is I am missing. A harsh lesson I learned in 2017 is short interest is usually high for good reason, these institutions know a lot more than us unfortunately and they profit while we suffer. Same thing happened to me with Hikma, and I foolishly kept buying as they kept falling and am still sitting on a hefty loss and probably will be for a long time to come. This time I have set a stop loss and already reduced my position to limit my inevitable losses. I still think the valuation on the shares is ridiculously low and that this is a very solid company, but then again what do I know!! I think it's best to pay more attention to the short interest and not dismiss it, there's obviously a reason why it has increased so dramatically in a very short space of time.

3.6% off issued share capital now, very alarming. Especially when you're already sitting on heavy losses. this is like Hikma all over again

I guess the one main concern is debt for BAB but there's no comparison with the likes of Carrillion and others in the sector in serious trouble, it would appear BAB are in much better financial shape. We aren't in danger of breaching any banking covenants as far as I'm aware. It is quite obvious though given the share price movement that this fall has nothing to do with recent results and more to do with some bad news that us retail investors aren't aware of yet. GLA

there's nothing in recent trading update that would justify such a fall. I think that because we're definitely getting demoted to FTSE 250 now, the billions invested in passive funds these days means that every FTSE 100 passive fund in the world will be or already has been selling all their Babcock stock. This is causing or has already caused a fundamental mispricing in these shares. As a value investor this screams Buy to me. SP Down 20% in 5 years whilst markets have soared to all time highs!? This is undervalued, surely!? Goldman Sachs conviction buy JPM conviction buy yet here we are. That's the nature of the stock market. Such a well run company, solid reputation, wins contracts all over the world, solid balance sheet, solid order book, decent margins compared with peers yet it falls like a stone on the back of positive trading update. I worry there's something I'm missing but at this price I can't do anything other than buy. Others are happy to pay 60-100x 2018 profits for companies like boohoo and fevertree, me I'm happy paying just 8x for BAB here #value GLA

Every company on the list of highest short interest is flawed in so many ways, with dire outlooks, dividend cuts, fraud etc. Which makes me wonder why such high short interest here? That's why I feel the shorters have been right here all along while I cling on to the solid fundamentals all the way down from c1600p. Is there more going on then us measly private investors know about because these fund managers with much deeper pockets must have a view that we don't. I honestly can't understand why they are still shorting here having seen the share price already collapse c60% from year highs

Carillion the most shorted stock in the UK down 59% today. This is what makes me reluctant to buy more hikma stock, I'm already suffering heavy paper losses. The short interest has increased so much here in last few months, until I see that reducing it's hard to have any confidence short-term at least. GLA

Interesting to see the short interest still rising and now at 5.9% with two funds increasing their short positions yesterday... I'm no longer foolish enough to think I know better. No end in sight

That's why I'm quite annoyed with myself for doing nothing while I watched the short interest increase significantly. Just couldn't bring myself to sell at a big loss at the time, but would be happy to get 1150p if offered now! Lesson learned. Sometimes it's better to realise a loss and move on rather than holding on to a loser.

When this dispute is finally resolved, we have the issue of having to resubmit, this may have to include more clinical trials, then you have the 10- month review period. So we can forget about an advair launch until 2020/21. By then will it even make any difference? Will they even bother? Where is the growth coming from next year? This has went from being a high growth stock to a no growth stock, that's the bottom line. The question is what are they worth now and how much lower can they go...i cannot see any kind of catalyst between now and results in March and even then there's every chance that those results will disappoint as well!

That's true jimbo but I've been saying that since 1400p lol I'm just wondering what is going to stop this from falling until the next update in March 2018?

Apologies, unfortunately there will be no conference call today so we could be in the dark until March 2018. Really struggling here whether to move on or not