What’s your big gamble? (Volume 4)

[vulture1]

Gargamel said:

Abdul Abulbul Amir said:

I'm currently up £2.9k on RR, I've got a target of 200p for my bail-out. That'll make me another £4.5k.

Helps cover my losses on CINE, ITM and SYME.

Interesting.

JP Morgan have a new research note on RR - highlight four substantial risk - they put the target price back at 90p.

I had a target price of 1.40 so I sold this morning. I am a massive fan of the business, Will be looking to get back in on a later cycle

I bet they just want to get a bigger position and are trying to scare the market.

[indestructible focus]

National express. Covid lows, international business will benefit from weaker £, long term contracts, hedged fuel in 2023 and most of debt on fixed rates. Lastly a benefiter from train strikes in the UK you'd think. Looks too cheap to me.

Edited by indestructible focus on Monday 27th February 14:17

[Adam.]

vulture1 said:

I bet they just want to get a bigger position and are trying to scare the market.

Not this fallacy again.

Investment banks can’t “take a position”, prop trading has been banned for many years. If they appear on a share register it as a conduit/custodian for their clients not the bank itself.

(20 years at a US investment bank in finance and compliance roles)

Edited by Adam. on Monday 27th February 12:44

[Abdul Abulbul Amir]

vulture1 said:

Gargamel said:

Abdul Abulbul Amir said:

I'm currently up £2.9k on RR, I've got a target of 200p for my bail-out. That'll make me another £4.5k.

Helps cover my losses on CINE, ITM and SYME.

Interesting.

JP Morgan have a new research note on RR - highlight four substantial risk - they put the target price back at 90p.

I had a target price of 1.40 so I sold this morning. I am a massive fan of the business, Will be looking to get back in on a later cycle

I bet they just want to get a bigger position and are trying to scare the market.

This is the wrong thread for research and analysis.

[Chris Type R]

indestructible focus said:

National express. Covid lows, international business will benefit from weaker £, long term contracts, hedged fuel in 2023 and most of debt on fixed rates. Lastly a benefit from train strikes in the UK you'd think. Looks too cheap to me.

Will have a look, thanks.

[ferrisbueller]

Adam. said:

vulture1 said:

I bet they just want to get a bigger position and are trying to scare the market.

Not this fallacy again.

Investment banks can’t “take a position”, prop trading has been banned for many years. If they appear on a share register it as a conduit/custodian for their clients not the bank itself.

(20 years at a US investment bank in finance and compliance roles)

Edited by Adam. on Monday 27th February 12:44

You would say that.

[Adam.]

ferrisbueller said:

You would say that.

Left 2 years ago so can speak freely now

It’s one of those things that is commonly said, although it’s not as daft as the “my buy is showing as a sell”

[911pleb]

Adam. said:

Left 2 years ago so can speak freely now

It’s one of those things that is commonly said, although it’s not as daft as the “my buy is showing as a sell”

But sometimes it is?

[Adam.]

911pleb said:

But sometimes it is?

A buy is always also a sell.

Though I may be due a parrot

[vulture1]

indestructible focus said:

National express. Covid lows, international business will benefit from weaker £, long term contracts, hedged fuel in 2023 and most of debt on fixed rates. Lastly a benefiter from train strikes in the UK you'd think. Looks too cheap to me.

Edited by indestructible focus on Monday 27th February 14:17

Interesting, A quick look they issued 100 million (20%) shares in 2019-2020 covid related I guess.
You are right they should be doing better with all the rail strikes but a quick look says they are in the middle of ballloting on strike action from drivers for a payrise

[Skyedriver]

Taken my eye off the ball of late, I used to be pretty quick getting into a company with a sudden SP drop, (sometimes with disastrous results mind you).
Missed this one Travis Perkins have been climbing steadily for a while but dropped over 7% this morning on an RNS before climbing back up to current -2%
Maybe still worth getting in but at 65p a share more than at 8.01am.

[Chris Type R]

Some activity on EQT today, +20%

[Luke.]

One for the ABML holders out there. Assuming there still are any...

https://marketwirenews.com/news-releases/one-of-th...

https://www.prnewswire.com/news-releases/one-of-th...

[Mr Overheads]

Luke. said:

One for the ABML holders out there. Assuming there still are any...

https://marketwirenews.com/news-releases/one-of-th...

https://www.prnewswire.com/news-releases/one-of-th...

Was jsut about to post that myself. Still holding. Got an average price of $1.29 for mine. Woudl be lower but a few months ago EU/UK members barred from buying that type of stock for reasons I couldn't be bothered to look into.

[Skyedriver]

Chris Type R said:

Some activity on EQT today, +20%

Thanks for the heads up, I'm so far under with this I often forget to check it.
Only -40% now.....

[Somebody]

Gargamel said:

Interesting.

JP Morgan have a new research note on RR - highlight four substantial risk - they put the target price back at 90p.

I had a target price of 1.40 so I sold this morning. I am a massive fan of the business, Will be looking to get back in on a later cycle

Contrary view: Broker Jefferies increased its price target to 170p from 125p while Bank of America is reported to have lifted its target to 175p from 97p and upgraded its rating to ‘buy’ from ‘underperform’.

[*Badger*]

Sold out of RR at what looks to be a very lucky punt at todays peak, 147.5.

Been in for a decent amount of time, post COVID, pre-rigjhts issue etc and todays closing brings a +44% overall.

[Luke.]

Mr Overheads said:

Was jsut about to post that myself. Still holding. Got an average price of $1.29 for mine. Woudl be lower but a few months ago EU/UK members barred from buying that type of stock for reasons I couldn't be bothered to look into.

Up over 40% on the day now.

[g4ry13]

Luke. said:

One for the ABML holders out there. Assuming there still are any...

https://marketwirenews.com/news-releases/one-of-th...

https://www.prnewswire.com/news-releases/one-of-th...

Still holding here. Still losing.

[Chris Type R]

Skyedriver said:

Chris Type R said:

Some activity on EQT today, +20%

Thanks for the heads up, I'm so far under with this I often forget to check it.
Only -40% now.....

I'm down 49% - which is disappointing as I was quite successfully trading it initially - I've got a not trivial holding on this one too.