Only three days ago, on Sunday October 19th, I highlighted directors buying at Charter plc (CHTR, 390p) at between 314p and 345p: Charter plc – directors buy after shares fall by 2/3rds this month.

I wanted to see more than two directors buying for directors dealings in Charter plc to justify a Strong signal to investors. A further two directors have announced their purchases.

On October 17th non executive Chairman Lars Emilson bought 5,000 shares at 320p, taking his holding to 10,000, and yesterday John Biles, another non exec, bought 5000 shares at 411.75p, taking his holding to 8,000 shares.

As a result of these purchases the Signal strength for directors dealings exhibited at Charter plc goes to STRONG, with a positive view.

View on Charter plc: Positive, directors buying

Signal strength: STRONG.