Drop Does anyone know why the big drop in price a of a sudden because i caanot find anything
Re: Price rise I haven't a clue with this company. The brokers that bother to forecast mostly seem to think it should be nearer 50p. The trends in average selling prices for its products all look pretty dismal. I wonder who is buying shares up at the prices we are seeing now.
Re: Price rise Im happy with this price rise and in profit will we be seeing it going to 200
Price rise not got a clue what drove it. Anticipating good news with Q1 announcement? Whatever the reason it was most welcome
Re: Better day today 10%Sorry.Own due diligence
Better day today I did think that a near 10 fall yesterday was a tad unfair.Has almost rebounded the full lot back.Own due diligence.
Doubled! Nearly doubled in the last four weeks. Ferrexpo looks similar and KAZ. Seems all the miners have been waiting like a coiled spring to explode once copper and iron prices started to rise. Same could happen to all the oilies as we go back over $40pb.
In for the ride Hi everyone I just bought a few in this company
Dabbled this morning Bought just a few before tomorrows update. Bit of a gamble but made good money on way up to £2 earlier in year- same again please! If the company were prepared to buy our shares at £2.06- they must be as surprised as the rest of us about the drop to £75p. All the brokers suggest a price north of £1.30 so we'll see how it goes.
Another Battering! This is taking another battering today - down to £1.14p. Wonder when I should get back in- not yet me thinks!
Re: reason for drop Weird how one month they want to buy back shares from us at £2.06 and now the price has dropped to £1.20. I made good money buying last year at 60p and then selling off between £1.50 and £2.05 this year. Maybe I will get another chance to do the same again!
reason for drop [link] steel group Evraz dropped 7.1p to 139.7p after UBS cut its target price from 170p to 130p and issued a sell rating, while Mitchells & Butlers fell 9.6p to 465.7p as Barclays moved from overweight to equal weight. Barclays said:We have argued over the past few years that the quality of the M&B estate has been inconsistent with the valuation. With the shares edging up to our price target, we believe the re-rating relative to peers is close to complete.Much has improved from a corporate governance perspective, and under chairman Bob Ivell, chief executive Alistair Darby has been in place since 2012, a number of independent non-execs have been appointed, and there has been no obvious disagreement between the company and its major shareholders. There have also been some signs of operational improvements, such as food volume growth. The December 2016 PE of 11.3 times looks undemanding in absolute terms, but we believe operational improvements are now required before arguing for a further re-rating.
No special dividend BUT....... There is no special dividend which is right because Evraz made a loss last financial year. Instead there is a tender offer of $3.10 of up to 8% of the company's shares. At the time it was announced, this represented a 10% premium to the quoted price
Dividend? Any word on this years 'special' dividend?
Well! Who would have thought. a triple bagger since I bought in March last year at 55 and 65p. Now sold enough so all those I have left are free! Wish I had put all my money into this. Those pesky oil shares are not behaving! Still, there is only one way to go from the bottom and thats up right? Er no- it could be insolvency. I blimin hope not! GKP, AFR, CAZA, XEL, BLVN, RRL - OMG!!!! Not selling now thats for sure! The oil price seems to have calmed this last week- heres hoping for a reversal.