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| Blues' Share Price | |
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| Tweet Topic Started: Aug 13 2008, 12:58 PM (361 Views) | |
| Bart P. Cozner | Aug 13 2008, 12:58 PM Post #1 |
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Trevor Francis
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I see in this morning's paper that the shares gained 4p yesterday to close at 31.50p. Only about a month ago, they were at a twelve month low of around 21.50p. Seems like there's a bit of interest in the shares, then. I wonder is our old mate from Hong Kong buying them up? |
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| tim | Aug 13 2008, 01:05 PM Post #2 |
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Malcom Page
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I doubt the increase in share price is to with anyone buying them... they will move mainly through confidence... the share price dropped when we were relegated and now as 99% of bookies have us a favs to go up, the value of the company will rise as we are 'theorectically' due a windfall... if we fail, you'll see the share price again. |
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| Bart P. Cozner | Aug 13 2008, 01:07 PM Post #3 |
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Trevor Francis
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But share prices don't rise unless someone is willing to buy them at the higher price......... |
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| Raters | Aug 13 2008, 01:18 PM Post #4 |
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Bob Latchford
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There's not a huge amount of shares being traded. So as per Tim, the increase must be based on confidence increasing. Wish I had bought some now :banghead: EDIT: Look at the losses for the last few years http://www.iii.co.uk/investment/detail?typ...ay=fundamentals Not good :copno: |
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| Bart P. Cozner | Aug 13 2008, 01:26 PM Post #5 |
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Trevor Francis
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But my point was somebody must be willing to be buy the shares at a higher price for the price to increase. I (jokingly) wondered was it our old friend from Hong kong (can't remember his name!!!!) |
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| jenni | Aug 13 2008, 01:29 PM Post #6 |
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Paul Tait
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people are buying shares, but not in lump sums just as explained confidence shares, hundreds/thousands of people buying a a few dozen/couple hundred etc which will see the value rise. |
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| tim | Aug 13 2008, 01:35 PM Post #7 |
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Malcom Page
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true, but they are only buying as they expect the price to rise? It doesn't mean it will... They dropped to 10p when we got relegated last time and steadily rose all season up to about 50p (mainly due to Carson Yeung promising to pay well over the odds, which he didn't), they slowly dropped during last season to just over 20p. Assuming we look like promotion material for the rest of the season, as you say, people will pay the higher price, expecting them to further increase. 30p values the club at about £30m (as it was about £60m when yeung was buying them for 60p). If I had spare cash I'd buy some too, but then we'd probably get relegated next year and they would be 10p again! |
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| bluenose69 | Aug 13 2008, 01:35 PM Post #8 |
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Ian Bennett
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How is the best way to go about buying shares? can i just go up on a website and buy some? feed.back |
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| Raters | Aug 13 2008, 01:35 PM Post #9 |
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Bob Latchford
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Exactly, but a 10% increase in one day is good. Like I said, that’s an opportunity missed :banghead: |
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| Raters | Aug 13 2008, 01:37 PM Post #10 |
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Bob Latchford
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Online banking, I use the Halifax, works a treat for me. |
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| Bart P. Cozner | Aug 13 2008, 01:37 PM Post #11 |
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Trevor Francis
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Contact a local stockbroker, you'll find them in the Yellow Pages. |
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| tim | Aug 13 2008, 01:40 PM Post #12 |
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Malcom Page
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I've used www.share.com in the past, but I'm waiting for all the shares I brought to stop showing a loss before I sell... so I haven't used them for a while! :crying: |
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| The Forse | Aug 13 2008, 03:01 PM Post #13 |
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Olivier Tebily
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Tempted to make a steady investment of shares :D |
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| Bart P. Cozner | Aug 13 2008, 03:47 PM Post #14 |
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Trevor Francis
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Think they gained another penny today..... |
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| gene autry | Aug 13 2008, 04:50 PM Post #15 |
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Alex Govan
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Didn't David Sullivan say a week or two ago, that the Golds and himself were buying up every available share to prevent Carson Yeung from attaining the magical 30% ? Or was it David Gold? When people are buying, even steadily the price is bound to go up, though I doubt that Mr Yeung will start selling his stock until it reaches the 45 pence, or whatever, that he purchased it at. :D |
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