Chicken Lips
24 Nov 2017
Re: Momentum Thanks Mickey. Yep hold Fevertree too and have a pretty high average price as bought this and Treatt pretty llow (considerably lower than now) but continued to invest as the SP heady north. Both companies I admire and want to hold but Fevertree has had a 20% drop. I have reduced my holding in both but this is mainly to protect cash/total in my pension pot.I have never been a day/week trader but an investor. However recent drops have made this longer term holding position quite a vulnerable play peak to to trough (if we are there). I think my top bottom difference is about 15k.I think when you like shares and I do Treatt and Fever the emotional tie can make for a slightly more positive view than the market and I certainly thought that higher prices, were inflated and I have lost out when I have been involved in the past - Vectura. But I only invest in companies that fit to a more ethical portfolio where I can.Keep the advice coming as I hope to rewrite early, in my dreams!
smilingmickey1
24 Nov 2017
Re: Momentum Hi Chicken Lips,Their have been plenty of shares whose price has reduced significantly in recent times, particularly those with high growth prospects whose upward momentum on price has put them on a very high PE multiple. Take a look at Fever Tree and Boo Hoo for stocks whose valuation is even higher than Treatt whose share price in % terms has fallen a lot more.Could I suggest you decide what your plan is for Treatt. (ie Do you want to "play the market" and sell when you think the price is high and buy on dips? Do you want to hold for the long term so these dips and rises don't mean much to your psyche because you are convinced the long term story is good? FWIW I trimmed some of my holding at a higher price than current , keeping the majority of stock. I may buy a few back but the valuation of Treatt is still quite "heady."
Chicken Lips
14 Nov 2017
Momentum I thought there would be some momentum upwards toward the results. More or less until todays 4% drop and low volume.
peddlar
08 Nov 2017
Re: Volume possibly the order is filled.and so price lowers.My guess, Old Mutual.At least the price is holding up.Roll on 28 th November.
Chicken Lips
08 Nov 2017
Re: Volume Yes hardboy I saw this volume. Volume is inconsistent on this share with these days/periods of spikes and often followed by ultra low volume. Particularly high today but seemed to be driving the SP lower for most of it.Looking for some news here.
Hardboy
08 Nov 2017
Volume Wow - 2m shares traded to day (according to ii) - nearly 4% of the issued shares. Expect an RNS soon saying who's been dealing.
Chicken Lips
19 Oct 2017
Re: Down? Well. We touched 4.12 today its quite a retrace now.
Chicken Lips
18 Oct 2017
Re: Down? Thanks HB. I seem to remember some take of a 2022? Maybe this is for Results. This is one of my top holdings and I wonder if I got a bit too emotionally involved as I chased the price upwards. So have incurred some hefty downside of late. Or I could just prefer the colour blue.
Hardboy
17 Oct 2017
Re: Down? Hi Chicken,Not sure I have any real help to your understanding, but this is a great growth story; and promises to continue strong growth over coming years. Shares like this invariably get ahead of themselves in share price; and go to prices where they seem way overpriced; but if a company is increasing profits by 30+% pa it may seem very expensive looking at current performance; but if you buy and hold the shares for 5 years, the price you got in at may seem like a bargain in 5 years time. So in my experience when good long term growth companies do get overvalued, their share price can fluctuate quite a lot without any real rhyme or reason, So either it is a good trading opportunity - to hop in and out as the price fluctuates, or you decide it is a long term hold as long as the growth continues and just ignore the share price.
Chicken Lips
17 Oct 2017
Down? As much as I have never had a share rise like Treatt, daily blues. Neither have I had one dip this much either daily reds. Following the release of the profits increase of 24% and we are 3 years ahead of plan A (plan B 2022 still not sure) annual increase it seems a little overdone before the results? Or is this retrace natural following the highs.Any thoughts on how far the retrace might extend
Chicken Lips
02 Oct 2017
2022 I look forward to this 2022 update on the strategic plan and projected growth (current building/new buildings perhaps) and was wondering why nothing had been announced as the business is meeting targets three years in advance. I think the what next 'Looking ahead, the Board has approved a strategic plan to drive the business through to 2022 which seeks to build on the success of the last five years', getting sight of this will be interesting.
Hardboy
02 Oct 2017
PCTS Well that's a nice start to the week. Everything looks very positive - Strong H2, sales up 24% on the year, strong Order Book. Met their strategic plan 3 years early. New site progressing nicely. Only negative is increase in Net debt, but that's easily explained and nothing to worry about - it's covered by inventory alone. In terms of the bottom line it depends how much costs have increased to meet the increased sales, but I would have thought profit should be up around 30% which would give an EPS of about 17, so the price still looks a bit top heavy, but with that kind of growth & ultimately efficiencies coming from the new sites, the fundamentals should soon catch up.
Hardboy
22 Sep 2017
Re: CANACCORD The other shares where I had noticed them are Bioventix, Norcros & of course Treatt - so certainly not large caps.
gamesinvestor
22 Sep 2017
Re: CANACCORD They have also taken almost a 6% stake in Portmeirion.Games
Blanketstacker
21 Sep 2017
Re: CANACCORD They have taken over some business from HL. No money spent, really!
