CC
- 19 Oct 2018 08:23
- 35 of 38
My luck is in. Indicative offer for INTU at 210.4p, which means I scrape out for a small profit as my average is 207.8p. I've had 14.2p of dividends too so about a 5% return in a year provided I can sell them within a couple of months.
I started buying at 255p which seemed like a bargain as I had sold my holding previously at 330p only a few months earlier. Watching them go to 150p was not pleasant.
But what it does show is just how pessimistic the city boys and girls are. If John Whittacker who owned 27% of INTU wants to buy it at 210p, it's indicative of just how far out the city are in their valuations right now.
skinny
- 29 Nov 2018 09:11
- 37 of 38
Peel Hunt Hold 122.88 190.00 Reiterates
Liberum Capital Sell 122.88 145.00 Reiterates