Medica - share monitoring

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HOLD / BUY / SELL Medica

Hold
4
33%
Buy
0
No votes
Sell
8
67%
 
Total votes: 12

garindan
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Medica - share monitoring

Post by garindan » Tue Apr 30 2019 11:02am

This thread is for all discussion about our Medica shareholding. Please ensure your current view on the share is noted as either Hold, Buy or Sell.

Hold - keep the share
Buy - look to add to share or at least hold
Sell - sell the share

We currently own:
Medica Group : 442 shares on 10 Oct 2018 @£1.36 costing £599.21
Please contribute to the Club by posting any news, thoughts or respond to members posts about the share in this thread.
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an6ypan6y
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Re: MEDICA - share monitoring

Post by an6ypan6y » Tue Apr 30 2019 11:55am

So we are about 10% in profit with the share price on a slightly downward trajectory. I would favour a sell and also be happy to buy in again should the price return to February levels.

Often the case with small caps, there is not much news about on this.
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Re: MEDICA - share monitoring

Post by parchedpeas » Wed May 01 2019 9:39am

I voted to hold - if we're going to do these small non-div shares then I'd be hoping for a move more like 15-20% before we considered moving them on as it looks like this one fluctuates quite frequently and I'm not sure we're really set up to 'trade' it with our historically slow response times!
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garindan
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Re: MEDICA - share monitoring

Post by garindan » Wed May 01 2019 11:07am

parchedpeas wrote:
Wed May 01 2019 9:39am
...with our historically slow response times!
Though the whole idea of having a "rolling" vote where members can adjust their view on the share at any time is to remove this issue, or at least reduce it very significantly to almost nothing. :thumbup:
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Re: MEDICA - share monitoring

Post by garindan » Wed May 01 2019 11:10am

parchedpeas wrote:
Wed May 01 2019 9:39am
I voted to hold - if we're going to do these small non-div shares then I'd be hoping for a move more like 15-20%
I'm also of this thinking, so if we were to get back into that territory I will be reviewing my thoughts of progress and the likelihood of it going back down again.
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Re: MEDICA - share monitoring

Post by garindan » Thu May 09 2019 1:26pm

Just a point - it is good to see members are changing their vote according to Medica share price / news. This is exactly why a rolling poll could help us speed up our process.
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Re: MEDICA - share monitoring

Post by garindan » Fri May 10 2019 9:51am

Still two members to submit their rolling vote. At the moment our view is 50/50, which considering past performance, I feel is quite understandable.
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Re: MEDICA - share monitoring

Post by BeautifulSunshine » Fri May 10 2019 2:44pm

Indeed a 50/50 split between "Hold" and "Sell".
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Re: Medica - share monitoring

Post by BeautifulSunshine » Fri May 17 2019 12:31pm

Closing in on 15% profit. I'm thinking to sell and we can buy back if the price is right.
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garindan
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Re: Medica - share monitoring

Post by garindan » Fri May 17 2019 12:54pm

Now in this poll and any other polls like this monitoring one there has to be a member majority..., so at the moment that means 8 votes commands majority.
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