So what might cause Holders Technology’s share price to rise? Here are some ideas. I would like to hear what you think. A checklist of recovery potential
I will be interested to hear your views on the following concerns:
What I have done - or, what have I done!!! I bought some shares at 42p last week to add to those I bought 10th October at 52p. Within hours of buying at 52p Holders Tech announced that a customer accounting for 10% of turnover cancelled its contract. I had to do some reassessing before continuing with this investment. I concluded that the large share price fall had more than compensated for the loss of 10% of turnover which, the directors say will be ‘mitigated by alternative strategies and cost reduction measures’. So I bought some more. I’ll put this holding in my 2014 NCAV portfolio at 47p, half way between my two buying prices.
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I wrote newsletters for almost 10 years (2014 - 23) for publication on ADVFN. Here you can find old newsletters in full. I discussed investment decisions, basics of value investing and the strategies of legendary investors. Archives
October 2020
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