The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Hopefully some of this fall is down to the expected exit from the FTSE 250
All the shares are rated on value in a very large table:) It's always worth checking where a company with a falling share price sits in the table, before buying. LRD sits at 411 ( when it's price was 155p) - nearly 40 places below the threshold for auto-exclusion. I think LRD would have to rise to about 200p to climb it's way past the (2nd) threshold to stay in the FTSE 250 www.stockchallenge.co.uk/ftse.php
Regardless of the date - LRD is heading out of the FTSE 250
Because it is a US stock, TD want me to make a declaration via an online W-8BEN form. First time I have ever come across this
thanks for the info mannan. At TD, they were classing it as a US share and refusing to trade without making a declaration via a form! Was hoping to trade last thing today :(
Anyone here have trouble trying to buy HALO on TD today?
The normal market size is only 10,000, and it looks like the market makers are sticking to it (they don't always). That in itself is probably a good sign for the share
I don't see any sign of institutional shorting on Laird. FIL Investment Services (UK) Limited had 0.36% back in Feb (the site I use no longer track disclosures after they drop below 0.5%). Individual PI's might well be shorting, but my feeling is that the city is trying to rattle the PI's who bought in on the 19th. There is profit to be made in these shares - and they want it :)
Hopefully they hedge against adverse currency and fuel movements?
Thats all
looks like the two new directors are putting their money in: Russ Singleton bought 1,500,000 shares Glenn Robinson bought 994,817 shares
"Anglo-Dutch IT services firm Logica PLC (LOG.LN) Wednesday issued a profit warning and said it will cut over 1,300 jobs as it fast-forwards restructuring plans in the light of a worsening economic climate. It has recently become clear that many of our clients are delaying short-term expenditure and reducing discretionary investments to weather an uncertain economic future. As a result, the pockets of weakness that we first saw in September have widened through the quarter," the company said in a statement. Logica said the job cuts will be shared across the Benelux, Sweden and the U.K. to match falling demand. " ----- Looking at past history - most of these job cuts will be in the UK. And yet 1 month ago, CapGemini reported strong third-quarter sales growth and reiterated ambitious guidance for the full year. Paul Hermelin, chief executive, said he had seen no slowdown in spending yet.
I'm no financial accountant, but does this make sense? Pre-Sale (Ignoring other assets) Business Asset: valued at £200M Business Debt: £150M NAV: £50M (on paper!) -------------- Post Sale Business Asset: £0 (asset has been sold) Business Debt: £0 (debt has been paid) Cash: £50M NAV: £50M (in cash - in the bank!) Nothing has changed, except the valuation of the business asset has been realised - by selling it, and converted to cash. The share price rise of 16p may not be due to the sale itself - but due to the fact that the company no longer has to service a debt(saving money). Also, the share price rise may be due to the change in emphasis in the business - something the market may approve of