Re: Could Double Took some profit @164.3ish. Still holding a fewnice call LG
..Its the dividend cover that worries me ...am a holder of this stock..but must confess that I just cant see this dividend yield staying so high for much longer. Dividend cover is dropping and that's making me nervous.
Re: First purchase My first purchase as well .Been following this on my watch list for many months , and just could not resist the div yield at today's lower price .Just hope they deliver on all the self-help stuff they are busy with , and they don't have to cut the divi .ECM has also been struggling with sluggish markets , so I don't see any quick fix coming here .
Re: First purchase I bought today for similar reasons, first time purchase, though I have bought ECM on and off a few times - they were a good recovery stock after the financial crash.Agree someone might take this out at some point in the future.
First purchase Made a decent sized first purchase of these today @ £1.59, a bit too high really. I can't say that the trading statement was any great surprise; the business works off pretty thin margins and has low forward visibility. Not something to invest your entire portfolio in. On the positive side, cashflow is reasonable, debtors OK, balance sheet weak, P&L flat, divi flat but yield enormous.I wouldn't expect PFL to outperform inflation. There could be M&A activity. A Hold for me.
Broker nonsense N+1 Singer Sell rec, target 220p !?? If it hits their target it would have gained 40% so why a Sell rec?[link]
Re: Could Double >>LG not bang on according to your 14th November statement that it was becoming a strong buy at 172. -- 22p out dear or about 12.7% adrift.<<<...another one who cant read..I ses it was ''becoming'' (not yet) a strong buy (near 160)..but todays 150 is a Strong Buy..unless U can offer something better at the moment??
Re: Could Double MsGPlease ignore my last. I just saw your post on the ECM board.
Re: Could Double Hi Ms G. As usual it is a good day for you, and on more than one count!!!ECM report next week. They are likely to put out a statement similar to the one here. Do you have a bounce point/bottom/target for them? Sorry to be so presumptious here, but the old adrenalin is flowing!!!
Re: Could Double I hate these corporate statements where everything is positive then you sneak in a meaningless phrase like 'moderated level of gross margin' and render everything that has gone before meaningless. Telling us margin will be lower without giving any indication of by how much means that boasting about how you are going to continue growing sales is irrelevant.No mention of cash flow. No comment about the dividend. I don't see how we can have any view on these shares against that background.
Re: Could Double LG not bang on according to your 14th November statement that it was becoming a strong buy at 172. -- 22p out dear or about 12.7% adrift.Games
Re: Could Double Picked up a few hereGLB
Re: Could Double bang on base supp 150..strong buy..
Re: Could Double I do hope you're right. I have held a fair amount of these for 2 years and am down over 20%. My worst performing share. No plans to sell though.
Re: Could Double typos -- "there is definitely" instead of there definitely"wrong here" instead of wrong her Games -- sloppy