Why are we again at 10.5p bid?

It doesn't add up...

Good Results + Strong buying pre results + Christmas online buying soon = Price drop

Then again some companies that have debt for equity hanging in the balance, poor results and bankruptcy around the corner and they go up!

Why sell now at a loss?

Wont that be a kick in the teeth when we see 13.5p 14p again!

Best of luck all.

As I type it is up to 23.25 bid, the build up to March 2nd is going to be very interesting. What will also be interesting is whether people will hold after the results or sell for the profit. Any thoughts?

There will be a lot of profit taking. But by then there will be known resitance points. Afterall it has tested the 23-24 range before. The next resistance point up will be 25. At least until the results are either nearly due or when they do become known. Either way a lot of people will lighten their holdings. I think to sell all would be extremely shortsighted, but what the heck do I know. lol

mornin all........;-))))

overgrowth

I hope that you are right.

The date is just over a week earlier than last year but I can't really see why this should be taken as a positive indicator.

There must be more to it than that ie. some real info must have leaked out.

I agree with Washlander......
For the rest of the year I think we're gonna see the share price rise.
But there are going to be bouts of profit taking along the way.
Remember where the share price has come from (3p in less a year).
I do think that those levels are difficult to predict.
I have seen paper profits evapourate very quickly....... so if you're
happy with yours.....Bank it.
This is not intended as advice...I'm not regulated by FSA etc.etc.
Good luck to all RTD holders.

Armadev,

Probably best to add a caveat - to make sure that you don't keep looking at the share price once you've sold, unless you're happy to buy in again at the higher prices.

There's nothing worse than banking your profit and watching the price rise 3x again - that's speaking from first hand experience with LCI.

Apple,

At the very least, an early date confirms that there is no hidden bad news - this always causes delays (because it takes longer to "massage" the figures).

OG

It's gone really quiet on this thread.
We had lots of great banter about this stock when it was trading between
15/20pence.
Would love to hear comments/views from all you traders/holders etc.
Thanks in anticipation.
Regards

We are waiting in "anticipation" of the earnings statement. lol

The banter will really start flying again when the price moves into the next resistance area - just below 30p and that will be very soon.

RTD is progressing in a very solid fashion, the small drop today confirms this and gives us another springboard for the next move up.

It'll be interesting to see if Friday's now almost traditional large buys are going to come through again this week.

I'm in RTD for the long term and am waiting for the 2nd March for an indication of where the company is heading for the rest of this year and beyond. All the pointers are that a fair price now is 30-35p and with lots of good news more institutions will be getting on board, making a possible target for a year from now of anything from 50p to 1.50.

Watching RTD rise over the last 9 months reminds me of the way it shot up in 1999/2000. There will be a few selling (corrections) as it rises, I'll stay on board for as least 2 yrs..

The first two trades on my level 11, show both 100,00 share deals for 23p having taken place at 14.37 hrs. I know they are late trades but this is ridiculous. These are yesterdays trades.

can somebody please enlighten me, and possibly a few more wondering souls,when the results are published on March 2nd, what sort of figure are we looking for, for this stock to rise, and not for a mass sell off?

Market expectations are for a fig of 5.6 million. However with the news available, this could be a conservative estimate. That seems to be the thinking from the various threads I have read.

Check out previous posts 549, 556 and 604. i will we redo my calcs later and post my views

Washlander - thanks

Fundamentalist - I look forward to your post

I would also be interested to know on what price people feel this stock will hit before March 2nd and then shortly after it?

I,m with Overgrowth on the price targets, 30p anyday now rising to 1.50 this year, there's going to be enormous interest once we reach 30p and profits even at 4m gives a low p/e for a co. with as much growth potential, assuming the capitalisation val is up to date on here. I'm tempted to top up again

A nice 6% rise today so far, not sure if it will reach 30p before march, but I'm hoping along with the rest of you

good luck all

8.5% UP

Nice finish to the day :-)

Tokyo:

Based upon the following

No of shares 290m (as per Money AM research)
Current share price 25.5p

Profit 4m gives EPS of 1.38p PE of 18.5
Profit 5m gives EPS of 1.73p PE of 14.8
Profit 6m gives EPS of 2.07p PE of 12.3
Profit 7m gives EPS of 2.42p PE of 10.6
Profit 8m gives EPS of 2.76p PE of 9.2

Current consensus forecast for operating profit is 5.5m putting it on a PE of 13.4. Considering this is a growth stock then I would expect a Pe ratio of 20 if not higher.

On a PE Ratio of 20

Profit 4m gives EPS of 1.38p share price 27.6p
Profit 5m gives EPS of 1.73p share price 34.5p
Profit 6m gives EPS of 2.07p share price 41.4p
Profit 7m gives EPS of 2.42p share price 48.3p
Profit 8m gives EPS of 2.76p share price 55.2p

On the current consensus of 5.5m profit and a PE of 20 the share price would be 38p. Pick your view of profit and apply the PE ratio you think is fair and you should get your target price.

You could argue a case that profits will be only 4m and a PE ratio of 10 if future prospects are not as good as expected leading to a share price of 13.8p. On the other hand it is plausible to argue that profits will be 7m and that a PE ratio of 30 if future prospects are great leading to a share price of 72.5p. This puts into perspective the volatility dependent on the results and how the market interprets them.

The PE ratio of 20 can only be justified if the company can prove where future growth will be coming from though a positive forward outlook can be hoped for in the annual results. The other factor to take into account is how much the profit figure may be reduced by exceptional items and goodwill write off as per last years results. This could mean the headline profit figure is lower than the above expectations, hence leading to the share price not climbing further.

This is all IMHO and DYOR if buying in, but assuming the results are as we are all expecting then I could see the share price reaching 28p before the results and 35p after the results. If the results are way beyond expectations then the share price could go as far as 50p, though personally I feel this level is a bit further away.

I currently hold a fair amount of these in my ISA and unless the results are disappointing intend to do so for the medium to long term (my investment club also holds these shares).

Any other views?