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Worst FTSE falls in history.

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  • The_PresidentThe_President
    Got an email from Melexis today saying that their profits had gone up 13 per cent in latest quarter.
    #justsaying
  • killerandflashkillerandflash
    The_President said:

    Got an email from Melexis today saying that their profits had gone up 13 per cent in latest quarter.
    #justsaying

    I trust you punched the air with joy
  • AlwaysneilAlwaysneil
    Did you? I didn't.
  • C4FC4L1f3C4FC4L1f3
    The_President said:

    Got an email from Melexis today saying that their profits had gone up 13 per cent in latest quarter.
    #justsaying

    so did I :) but yesterday lol

    and the price is still dropping. so not what they expected perhaps?
  • The_PresidentThe_President
    It's dropping? Wow I wonder what they have to do to make it go up?!
  • AlwaysneilAlwaysneil
    Has it just gone ex-div maybe?
  • The_PresidentThe_President
    Ah ok.
  • RedhenryRedhenry
    They either missed the estimates or the price went up prior to the results coming out. This is called travelling and arriving.
  • RedhenryRedhenry
    Or as Always Neil says they could have gone XD
  • AlwaysneilAlwaysneil
    I looked at the news and they did pretty well but just missed Q3 forecasts. Still 14% growth.
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  • SuedeAdidasSuedeAdidas
    edited October 2016
    Alwaysneil said:

    Has it just gone ex-div maybe?

    Div pays today I think so would have gone Xd recently.
  • The_PresidentThe_President
    Latest Melexis numbers looks good again, there is a conference call at 5pm today (4 UK) if you feel like ringing in to discuss the numbers.
  • StigStig
    Is that on the back of news that they are divesting themselves of the worst performing part of their business? Whoohooo!
  • The_PresidentThe_President
    "Melexis results will be discussed in a conference call on Wednesday 25th October at 17 CET. The conference will be in English. You have to register for this conference call in advance"
  • kings hill addickkings hill addick
    Stig said:

    Is that on the back of news that they are divesting themselves of the worst performing part of their business? Whoohooo!

    Or are they suggesting that they are about to get a £50m debt repaid and selling an under performing asset for £25m
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