Daily Mail Gen Trust
Is this an opportunity to take a position ahead of the results?
Daily Mail Gen Trust reports Half-year on Thursday, 30 May.
- Last time Daily Mail Gen Trust reported: Q1 Update, 24 Jan.
- The shares rose as much as 4.4% for a daily range of 25.5p or 4.4%.
- Shares -1.8% from 2019 highs; +22.4% from 2019 lows; +18.2% year-to-date.
- Currently 679.5p (at time of writing).
- Could we see another big share price move on Thursday?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Daily Mail Gen Trust – An Example
Let’s say you think that Daily Mail Gen Trust results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Daily Mail Gen Trust using CFDs, at the current price of 679.5p. To do this, you need £2,000.
For the purpose of this example, let’s assume Daily Mail Gen Trust reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.
Conversely, let’s assume you open the position, and place a stop-loss 3% below the current price. Daily Mail Gen Trust results miss, it falls 3% and hits your stop-loss. Your loss would be £300.
This is provided for information purposes only. It should not be taken as a recommendation.