Member Info for 2227

The prime minister is due to set out the roadmap for ending restrictions next Monday.

https://www.bbc.co.uk/news/uk-politics-56068362

Every transport share is moving up. It's just the beginning I think.

The prime minister is due to set out the roadmap for ending restrictions next Monday.
https://www.bbc.co.uk/news/uk-politics-56068362

The government's plan to move out of lockdown will be "cautious but irreversible", Boris Johnson has said.

https://www.bbc.co.uk/news/uk-politics-56068362

Hopes for end of lockdown as hospitalisations fall FASTER.

https://www.dailymail.co.uk/news/article-9256565/Hopes-rise-end-lockdown-Covid-hospitalisations-fall-FASTER-expected.html

news.sky.com
COVID-19: R number falls to below one in every region of the UK.

https://news.sky.com/story/covid-19-uks-r-number-falls-to-below-one-for-the-first-time-since-july-12216073

ft.com
UK vaccine rollout success built on NHS determination and military precision

The UK had carried out more than 14m vaccinations by Friday morning and was fast approaching the target of inoculating the 14.6m most at risk from Covid-19 by the start of next week. Only Israel and the United Arab Emirates, among larger countries, have inoculated more per head of the population.

Fidelity's Dale Nicholls: investing in Chinese consumption

Fidelity China Special Situations (FCSS), an investment trust that has had outstanding performance over the past year with its share price doubling over the year to 5 February. He says that despite valuations across the market moving up, China’s stock market is still pretty attractive compared with a lot of other ones.
Fidelity China Special Situations is a large portfolio of 120 stocks that Nicholls says is designed to give investors as broad exposure to China’s economy as possible. He focuses on trying to invest in undervalued companies that have attractive long-term growth prospects and have been undervalued by the market. He believes the best opportunities in China centre on consumption – the rise of the middle classes and their enormous buying power.

“I’m still very much a bull on the growth in consumption over the mid term,” he says. “I think it’s really core to the China story. It’s in many ways part of government policy in China to bring the structure of the economy away from a reliance on exports and investment towards consumption.”

https://www.investorschronicle.co.uk/news/2021/02/11/fidelity-s-dale-nicholls-investing-in-chinese-consumption/

It's still performing better than SMT.

UK banks given six months to prepare for negative interest rates.

https://www.theguardian.com/business/2021/feb/04/uk-banks-given-six-months-to-prepare-for-negative-interest-rates

https://www.sharecast.com/news/broker-recommendations/redrow-interims-to-be-catalyst-for-shares-jp-morgan-says--7801612.html

"Results due on 10 February will be solid and the dividend will be reinstated, the bank said. JP Morgan predicted revenue up 21% to £1.05bn, pretax profit of £170m and a gross margin of almost 21%."

Redrow and Barratt prices were neck and neck at the beginning of 2020 and their results for the year ending June 2020 were very similar. In the current year rdw is likelt to produce higher earnings per share than bdev imo. Redrows shares are likely to catch up or even overtake Barratt share price shortly imo.

The better half has produced only 34.3p per share.

This has performed even better than the Scottish Mortgage Trust over the last four months. GLA

ilikehousebuilde,
Yes Barratt might warn about that too. Covid is likely to have a lasting impact on the economy IMO.

"While we entered FY21 with elevated levels of work in progress and rapidly improved our site-based construction activity in the first quarter, the very strong demand experienced in the half year absorbed both of these, and has reduced our product availability for the third quarter of FY21."

So Barratt are not likely to do too well in the second half. If they miss EPS of 50p for the first half, it'll be disappointing IMO .

I'm looking for earnings of 50p or more for the first half, fingers crossed.

Hong Kong: New UK visa route to open for up to three million people.

https://news.sky.com/story/hong-kong-new-uk-visa-route-to-open-for-up-to-three-million-people-12201782

"27 January 2021, Chris Jones, Non-Executive Director, purchased 24,073 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") for 270 pence per Ordinary Share."

https://www.londonstockexchange.com/news-article/HSP/director-pdmr-dealing/14842723

" sea of red pretty much everywhere"
Benrumpson1, would you care to elaborate .