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RTD - Why? (RTD)     

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 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.



robstuff - 31 Mar 2004 12:14 - 998 of 2406

The big boys make big errors in judgement sometimes, I haven't heard of him either but he didn't have a holding worth worrying about as it wasn't big enough to be disclosed. Anyway, someone else will be tipping it soon and buying heavily, just the way it goes

Fundamentalist - 31 Mar 2004 12:18 - 999 of 2406

Robbie Burns holding was only 70,000 (I hold more myself!) but he has gathered a sizeable following. he writes fortnightly in the Sunday Times and has his own website (www.frequenttrader.info) - its a case of a small herd following and being blown out of proportion. Don't forget the price fell from 27p to 18p before he decided to sell.

robstuff - 31 Mar 2004 12:45 - 1000 of 2406

exactly - loser! I sold some at 26.5 and will be a buyer at these levels (whereas the herd are buyers at 26 and sellers now)..I know who i'd prefer to follow. There is something in the old saying -go against the herd.

Fundamentalist - 31 Mar 2004 12:52 - 1001 of 2406

Rob

i don't disagree I was just pointing out why it was happening - I am not a herd follower either! - like a lot I wish I had stayed disciplined and when my initial target of 24p was met had sold - you learn by your mistakes. The beauty of hindsight!!! Well done on selling at 26p and I'll congratulate you further down the line for buying now. I'm still holding from an average of c.10p so still well in profit and happy to ride this one out.

Douggie - 31 Mar 2004 13:52 - 1002 of 2406

still bleeding away nother .25p gone spose did well to hold so long with todays trades....... ;o(((((((((((

robstuff - 31 Mar 2004 15:10 - 1003 of 2406

I wasn't calling you a herd follower Fundamentalist, i too was agreeing with you about R Burns - he's the loser. Sorry that wasn't clear. It's very difficult being a long term investor these days with so much info and market/ind share sentiment changes, if you can get in cheap and out after a run, then get back in lower it beats holding. But as long as nothing has changed, i.e the prospects are the same then there's no reaason to sell (only to make the volatility pay) so let's be patient and we should be o.k. What i'm saying is - if we haven't already sold in the twenties, then there's no point selling now unless the view is that they'll fall to 10, but my guess is that they will re-bound at this level so i'm holding my remaining and topping up too - RTD is one to make money on (volatility gives opportunity) and we will all look back in a few weeks time and wonder why we were'nt buying more. Getting bottom is difficult but knowing value is easier, these are good value.

robstuff - 31 Mar 2004 15:37 - 1004 of 2406

Buyers currently paying a bargain 16.25. Getting ready to Buy tomorrow, hope to get in at around 15 but could be marked up tomorrow morning scuppering my plans :-)

robstuff - 31 Mar 2004 16:43 - 1005 of 2406

We saw last year several trading updates and projections and a couple of contract news. We need an update to stop the wrot, the co isn't going to want see the price slide further - either that or the takeover rumours will start again.
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