Celtic share price falling

Onslow52 said:
At what price would it have to drop to for media etc to start asking questions ?
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Scottish media? They could go bust and nothing would be said, mainstream English media doubtful how much they would report either as they arent loved around the world quite as much as there deluded minds think.
 
After its initial 2.5 jump soon after opening thats now dropped to only a 1 rise. On its way down again
 
kai-Johansen59 said:
What’s the chances that this, so called Independent Report, results in it all being our fault and that they get a “Grant” to sort things out.
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No problem.

GCC will simply dig up a few graves, make the families pay for moving their sacred remains and sell the empty space to Thellick for 1p so they can widen the concourse.
 
napierblue said:
Potentially a lot of money being lost here if the trend continues, hopefully panics a few investors
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Football clubs are pretty unique in the way that a high volume of investors hold shares for sentiment value as opposed to for monetary gain.

Their market cap drop over the last week is lovely though.
 
Hopefully it’s what traders call a “dead cat bounce

A dead cat bounce is a temporary recovery from a prolonged decline or a bear market that is followed by the continuation of the downtrend. A dead cat bounce is a small, short-lived recovery in the price of a declining security, such as a stock.
 
Hopefully this will mean desmond has second thoughts about bankrolling them when they need a new manager or high profile player.
 
BigSteve said:
Any further fall today?
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Not yet, but I also wouldn't expect any to be honest.

The drop they had is story enough. They went from 162-165 down to 132 in the space of 5 days.

To add to that picture they've not been at 132 since August 2018.

Even more bizarre is the silence. Even a simple statement confirming there's no issue would clear everything up but they've been unwilling to do that.

Any further decline would be welcome but not expected news, but their silence on what's happened so far is note worthy.

That said we know Celtic are good at silence.
 
slashermcgurk said:
Hopefully it’s what traders call a “dead cat bounce

A dead cat bounce is a temporary recovery from a prolonged decline or a bear market that is followed by the continuation of the downtrend. A dead cat bounce is a small, short-lived recovery in the price of a declining security, such as a stock.
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That won't go down well with Admin.
 
Harrogate Bluenose said:
All just rumours so no hard evidence.

What we do know is that in 2018 commercial activities generated 39.6% of celtics sales. However it took a nosedive in 2019 and generated just 26.5% a massive fall of 45%

Rumour is the brand that has become toxic with forecasts for 2020 being even less than 2019.

All rumours but commercial investment regarding their brand may have taken a hit as news breaks regarding the pedophile ring that will soon become public knowledge outside the scope of Scotland.
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Shame. Can't wait to hear what Donegal bloggers have to say about it!
 
Disco Deejay said:
I see one of their more affluent investors, fearing that the price would continue to fall, decided to cut his losses, get out quick, and sold his 10 shares for £13.50. :)) :))

Clever Tim, they're only worth £13.35 now.
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Thats a hell of a jump and fall all on a Sat and Sun :)
 
What always puzzled/bemused me is the “mullions in the bank” boast from them and that the media not taking them to task on it. Anyone with any financial background knows that having lots of excess cash is not really a boast from a boardroom/investor level. If you have cash sitting in a bank account earning nothing then it is assumed that:

1) your business has run out of ideas to invest/generate more profits/maximise shareholder wealth and should repay a dividend to the shareholders
2) the money has been set aside for future liabilities.


I think its an indicator of scenario 2. Is it money set aside for stadium rebuild or pending courts cases?
 
Disco Deejay said:
I see one of their more affluent investors, fearing that the price would continue to fall, decided to cut his losses, get out quick, and sold his 10 shares for £13.50. :)) :))

Clever Tim, they're only worth £13.35 now.
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That's a few pints and some crisps, over tainted paedophile shares? No brainer.
 
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