Spot on, Tony. Think the general point by ypp that is is sounder to invest in large comapnies with a record of paying dividends is fair enough. But for all the reasons given, avoid some investments. Plus ex CEO chose his successor and slated him off publicly yesterday. And, on reflection, I now see ex-CEO as having sewn the problems before he jumped ship early and retired at 55 with an absolute shedload of cash. Poisoned chalice passed from one CEO to next. Now where else did that occur on 3rd February 2014? Clue - PL to RSR. And PL is still firing salvos from the wings, I suspect.
I can't understand your loyalty to Tescos shares. They cannot come good for another 2 years whilst they are under a criminal investigation. The expanded so much they juts spread their existing customers from three stores into five stores with the overheads of an extra two stores. The tried to up-cycle us to Tescos finest when everyone was in a recession mode. They bought company jets, tried to open in the USA . They can't expand into new areas because they have done all that, pharmacies , banking , fuel , insurance , they even took on Argos with the extra shops. I can't see how they can recover quickly. My tips are HWDN GBG SGP HIK TPK and a punt on QPP in recovery from scandals with two new decent directors.
I guess people were busy on WS today!...It was much better soap opera there that's why no one here...sometimes I wonder how grown up behave like kids...I must acknowledge CH has been much more dignified than some posters there.
with 5B shares we don't have any cash and literally we are insolvent as Lind have already called in their loan. We dont have money to meet even day to day expenses. So I would say 8B shares with $60M core money is rosier scenario...so i would go by that.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.