Bloodshot
14 Mar 2018
GFRD is about 50% of my portfolio bcos ive been averaging down. Risky I know and hope im right to have such confidence in the company. Im break even at about 11.40 now and quite happy to hold for the next 2 or 3 years at least and soak up the generous divis while waiting for an opportunity to sell at somewhere between 15 and 16. Does anyone know if the rights issue is for all investors or just the big manipulators?
Bloodshot
14 Mar 2018
I agree you might be just a tad over diversified at 43 holdings and if your saying that GFRD is 14th largest at around 1k then dealing costs must seriously eating into your profits. I dont think theres enough hours in the day for me to keep check on 43 holdings. I think 10 or 12 would be my max but 8 or 9 more manageable.
tommy talent
14 Mar 2018
Re: A Short position increased....... Rhigos. I think you have made a mistake. 43 holdings and 1K of value equates to £23 total for each holding.
wheebz
14 Mar 2018
Re: A Short position increased....... Crikey 43 holdings. Ever thought you may be too diversified?!!I’m pleased we both seem prepared to stick with it. I am happy t ride it back up towards £15, even if that takes a while.
Rhigos
14 Mar 2018
Re: A Short position increased....... wheebz "Hold your nerve"No problem, I'm in for the long-haul, when I sell it with be for a decent profit, a strong believe. Currently GFRD is only 2.5% the value of my portfolio and 14th largest out of 43 shareholdings worth over £1K.
wheebz
14 Mar 2018
Re: A Short position increased....... Hold your nerve Rhigos, this is still undervalued!
Rhigos
14 Mar 2018
Re: A Short position increased....... A bid in offing would certainly explain SP rise also a short squeeze when stop loss limits reached by those shorting. Bid (sell) price at 15:12, 1060p getting on for 10% above Tue closing SP.I think my BUY opinion that I posted around noon on Monday was spot on. Since then SP has risen 9.4%. A lot of investor would think this a satisfactory return after a year! Me trumpet blowing and patting self on the back 
My top up purchase on 6/02/18 now showing a profit of 51.5p a share, though on my overall average purchase price still showing a paper loss of a little over 10%.
wheebz
14 Mar 2018
Re: A Short position increased....... There has been some speculation regarding a bid for the business and this may be expedited by the low share price. This is a fundamentally strong business and so expect to see further SP movement towards £12-14.
pearlsasinger
14 Mar 2018
A Short position increased....... On 9th. March WorldQuant LLC increased its short posiyion to .71%in Galliford.The sp was c.850/870p. then.SP now 995p.It is not all one-way traffic here.I continue to hold(and hope)If the brokers estimates of target prices are remotely correctthen merger/bid activity cannot be ruled out?
wheebz
12 Mar 2018
Re: Rights Thanks Rhigos - I was using mobile so copied and pasted your link into browser and it worked that way.Agree it’s hard to work out what’s causing the increase in SP. It’s just goes to show that markets are often manipulated by those with access to knowledge that a standard investor doesn’t. Always feels like the dice are loaded.
Rhigos
12 Mar 2018
Re: Rights Sorry wheebz to waste your time, I tend to agree with you. I use Chrome and was able to block it from sending me messages. The first time I skimmed through it I thought it made some sort of sense and was intrigued by item title " Unusual Activity Spotted in Galliford TRY Plc (GFRD.L) as Shares Move 9.35%". Changed my mind after reading more closely, but had already posted my message.I think sudden rise today, closing 11.53% above Friday's close, down to speculators, probably hedge funds, anticipating a quick profit from a generously discounted right issue. Perhaps even trying to drive up SP to improve profit or short it for all I know. Stinks of market manipulation either way. In the long run it is quality of company that counts and GFRD is a high quality company IMO.Regarding accessing links from discussion boards on ii if on mouse you left button double click on link (not by editors) ii will site always stop you opening them, trick is to right click and use option to open in a new tab or open in a new window.
wheebz
12 Mar 2018
Re: Rights I managed to copy and paste your link and read the article. I’m afraid it provides absolutely no value or insight at all. I’m not quite sure what conclusion you could draw from it. Seems like poor content or click bait.
wheebz
12 Mar 2018
Re: Rights Cannon access your link. Are you able to copy & paste the article ? Something seems fishy about today’s rise innSP!
Rhigos
12 Mar 2018
Re: Rights Cannot figure out how to add a title to a New Message thread, they've really screwed up this web site.Came across this link which goes into the thorny subject of when to cut losses and sell. I am bullish on GFRD but I could be wrong.[link]
Rhigos
12 Mar 2018
Re: Rights Eagerbeaver66 "I would have thought it's rather difficult to make a meaningful assessment of GFRD KPIs, while the rights issue is imminent and outstanding, since those figures could easily change by +/- 20% "I do not disagree but a holistic view of figures along with historic knowledge of company makes me confident in GFRD's bright future. I did put in brackets after gearing figure that this would fall after right issue, that was my comment not part of SharePad data. IMO investing in GFRD now will result in CG and juicy dividends for an investor. Talking years not months. As always of course DYOR.
