Nitefly
- 15 Sep 2003 10:55
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.
robstuff
- 30 Mar 2004 13:21
- 978 of 2406
looks like pretty heavy selling to me, falling fast, will buy if hit 14p soon
Fundamentalist
- 30 Mar 2004 13:22
- 979 of 2406
Not a good day for RTD - Robbie Burns has sold out and it appears he still has a lot of followers!!!
javidshaik
- 30 Mar 2004 13:50
- 980 of 2406
its through the support level now! not looking good.
javidshaik
- 30 Mar 2004 13:54
- 981 of 2406
robstuff - why would you buy at 14p? if it goes down further then their is no guarantee that 14 will be supported. my advice is never average down. yes rtd is a good company but that doesnt stop it from going down further than 14p. i would suggest you buy once it has past a resistance point.
apple
- 30 Mar 2004 14:02
- 982 of 2406
RTD Why??????????????
Lots of panic today, is there some bad rumour?
Hope long term still good.
Maybe this is another buying opportunity but scary.
robstuff
- 30 Mar 2004 14:15
- 983 of 2406
tide has turned, may now have seen bottom..big buys coming in
robstuff
- 30 Mar 2004 14:25
- 984 of 2406
Javidshaik -it takes a brave person to buy something on a down trend but i have always made money by not following the herd and not buying when everyone else seems to be. i.e on a good day say after some news, better to anticipate and get in cheap the day before. There has been no bad news and as fundamentalist says, the fundamentals have not changed, just peoples mood.. so a great opportunity, in fact 14p may not be seen at all, i think we may have reached a low. The moneymakers didn't buy at 28p, they're buying now!
javidshaik
- 30 Mar 2004 14:46
- 985 of 2406
robstuff - i agree, it does take a brave person to buy on a downtrend. if it has been working for you then that is great! personally, i will only buy on uptrends and sell on support levels being broken.
rtd will not prove to be a mistake for any long term investor who is getting in to this but i like to see my returns sooner so will only buy on uptrends. i am more of a speculator.
hope we see the end of selling now and perhaps some big buys.
javid
robstuff
- 30 Mar 2004 14:54
- 986 of 2406
So what are you investing in currently? I like to monitor shares that have had recent uptrend and profit taking but the position hasn't altered - also looking at MDW, OXB, DES where good news has been flowing and more to come but profit taking period has meant off their highs awaiting the next surge forward. RTD I believe is one such recovery awaiting news which will propell it into the limelight once again. Another is CHR where results were good but price has plummeted, but the outlook is good and price should bounce on the good days returning.
robstuff
- 30 Mar 2004 15:55
- 987 of 2406
just had an interesting chat with a mate who works in the city (reliably good chap) who says that at this price if it stays this low they could attract a bid for the company
overgrowth
- 30 Mar 2004 22:30
- 988 of 2406
Well folks, looking at the way RTD has broken through it's previous solid support level it looks as though the selling could continue for a while yet.
I bought in at an average of 10p, so I plan to sell some tomorrow to lock in some gains before they potentially disappear with the intention of buying them back at a bargain price in the next few weeks - I'll buy some back into next year's ISA also to shelter the long term gains.
When the market turns bearish on a stock like this after such a sudden rise over the past few months, it's best to follow the crowd (at least partially). I'm speaking from experience having bitterly held on to some "rising star" shares in the past only to see them end up where they started short-term.
I say short-term, because I am still bullish long-term concerning RTD, however results have only recently come out, and it will be a while before we're likely to hear any more good news. This taken with current sentiment, bad news on chart support, rampant "de-ramping" going on elsewhere, Robbie Burns and his loyal followers selling and no doubt other investors with the same idea as me etc. it's a good time to take some profits.
Admittedly I'm taking a risk and may have to buy the shares back at a much higher price should the buying support bounce back unexpectedly - though I think the odds are in my favour as things are at the moment.
Anyone who bought in at 17p+, ignore RTD for the time being - look back in a couple of months when the price should be back around the 24p mark all going well.
All the best
OG
Douggie
- 31 Mar 2004 08:23
- 989 of 2406
og looks like everyone is going with you!!!! ;o((((
neilpos
- 31 Mar 2004 08:30
- 990 of 2406
Currently buy at 16.15p
javidshaik
- 31 Mar 2004 08:41
- 991 of 2406
overgrowth, you must have a big following
the next support is 16p folks!
robstuff
- 31 Mar 2004 10:38
- 992 of 2406
Incredibly good value at this price so when they pile in again most will miss the bounce - i'm staying put having sold half at 26.5, and will be getting back in around 14-15
Douggie
- 31 Mar 2004 10:40
- 993 of 2406
I can't get buy or sell quote from Saga my brokers seems they want nowt to do with RTD at mo. stoping me selling ..is this a bad thing!
robstuff
- 31 Mar 2004 10:49
- 994 of 2406
getting quote no prob with Waterhouse. Sellers now won't get back in, mm's will raise the offer so quickly when buying returns, as there's such a following in this share. The nervous are following suit too late in my opinion, we are near bottom, i go by the 1/3rd rule and this has been reached.
iamole
- 31 Mar 2004 11:16
- 995 of 2406
Hi all, well I bought these at 17p last yr and sold at 24 this. Now bought again , this time at 16.4 so hope they'll do same again. I'm optimistic because p/e looks about 10 on profit this yr and could well be much less in yr or two, so don't think they will fall much lower. BUY! people BUY! :-) Robbie Burns is rumoured to be buying in again slowly whoever he is
scotinvestor
- 31 Mar 2004 11:38
- 996 of 2406
why do people keep going on about Robbie Burns. Its as if he's the best tipster the world has ever seen. Now if Warren Buffett had said something, then I might take notice.
Not too enamoured with RTD price at present but i'm still well up on it so no probs. As i keep on saying, i'll look at where this is in 6 months time. Always buy shares long term as even these silly money makers cant do anything with a company share price that way.
Regards to all RTD shareholders
Fundamentalist
- 31 Mar 2004 12:14
- 997 of 2406
Scot
the reason keep mentioning Robbie burns is self-fulfilling - the more he is mentioned the more people that blindly follow him! - short term it makes an impact but no damage long term.
Like others here I am not too happy with current share price but am fully aware it is being manipulated in the short term and the fundamentals and the long term prospects remain strong.
On basic EPS this is now on a current PE of 33 and a forward PE of 15.6 and on an adjusted EPS this is on a current PE of 11.8 and a forward PE of 9. The market RTD operate in is continuing to grow and next years forecast IMHO is likely to be on the low side. Looking forward to a positive statement at the AGM (should be early May).
Good luck to all long term holders.