Celtic banter 40692


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30 Aug 2018 13:51:11
Ed, I think another poster on here said about the share price rising. Today I read it’s jumped up to the highest in 20 years. Any ideas why as we have hardly been performing?

{Ed007's Note - Jamie's really your man for this kind of stuff mate. I don't understand why the price has shot up considering we're out the CL and the general feeling around the Club just now. The only thing I can think of is that there's something big in the pipeline and people who know about it are buying up some shares.}

Agree2 Disagree0

30 Aug 2018 15:12:22
Diggers moving in to start the hotel, just a guess.

30 Aug 2018 15:21:50
Afternoon ED 007 with the possibility of the x Lillie boy coming in am hoping for MD replacement is there any update on that?

{Ed007's Note - No.}

30 Aug 2018 15:33:35
The share price has probably gone up because there may be £22m coming into the club.

30 Aug 2018 15:37:51
Hi Quinn, Because I told everyone on here to buy them at £1.31 and they did and now it's £1.60 pmsfl :-) circa 22% (Y)

Seriously, There is a number of factors in play here

1) One is a "free float" ( how many are available in markets hands) dictates the pressure / price of shares in the last couple of days really minimum trades have pushed it up ( circa 10 trades 2 being a purchase £25k worth )

2) A pattern has emerged this time of year as we gain entry to CL/ EL football plus incoming transfer monies / club deals so as we approach six month accounts in Sept with the transfer window being closed we will know EXACTLY what we have expenditure wise. In all probability as much as it is frustrating as a fan that is a reason why WE haven't spent to date

3) You are correct that is an ALL time high and last years profit was a RECORD high

4) Steph, Celtic will in all probability BORROW for the hotel because there is tax relief on borrowing and given Celtic's credit rating / status would have plenty of suitors willing to lend

There has been ELEVEN trades of Celtic shares today 2 buys 9 sells nothing of significance and it is nice and static (Y)

30 Aug 2018 15:35:29
Thanks for all the hard work u and the rest of the EDs put in thanks guys and my thoughts will be for EDs 007s wife and the rest of your family tomorrow.

{Ed007's Note - Thank you, Rich - and to everyone who posts and helps make the site what it is 🍀🍀🍀🍀🍀🍀🍀

30 Aug 2018 15:50:38
So are you basically saying the rise doesn't necessarily mean very much Jamie?

30 Aug 2018 16:02:47
Jamie I just meant that if the hotel is in the immediate future that it might look good for share prices. It was really just tongue in cheek to wind up some people that are getting their knickers in a twist over the hotel being built at all.

30 Aug 2018 16:18:10
No Kev, It's rising because people are wanting to buy into a well run business mate ALSO it attracts interest from investors mate

IMO as I said before PL and DD will not go on for ever but before last year the previous year we only made £600k profit

We live well within our means and run a great ship in a BUSINESS setting unlike some others do.

30 Aug 2018 16:59:20
Yeah but I meant in terms of a big announcement or something that will get the fans excited.

30 Aug 2018 18:45:57
The imminent destruction of the tribute act coming to home of the champions.

30 Aug 2018 16:50:00
Yeh thanks For everything ed I love it on here. God bless 🍀.

{Ed007's Note - You're welcome, Nicky 👍



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