Member Info for 2reincarnated

Wouldn't buy in the current climate on the basis of one day falls, anyone agree with me?

Agree with you 100%. But how much lower than 20p? Go on, make a prediction, if you don' I will!!

Think there is little chance of a stock market crash and even less chance of a Great Depression. This is because we now have a truly integrated global economy where measure are taken by all countries in coordination and of course a range of fiscal and stimulus measure.

Good post, Honest Post!!

I think the recent rally in which a lot of SP's doubled in a day, represents the future high the stock in question will reach in the coming months after things return to "normal."
I agree Some stocks are returning to 52 week lows and will test a new low, but will rally back, but not to the level seen last week.
Some stocks like First Group and Marston doubled to a point where they will be in a year from now, in the meantime they will drop to a new low.
Royal Mail still has a lot to fall.

With SP's more often then not, "the past is the key to the future." By dropping to 70p, the stock gas effectively served "notice of intent" in other words it will visit 70p again.what could have changed about HB in a couple of days that warrant a SP more than twice it was a couple of days ago?

Acknowledge Giantsquid has posted an excellent post.

Agree. But from what low, the current SP or will we visit 19p again?

They will not hesitate to Nationalise Centrica.

The UK was going to suffer as a result of Brexit and in general for a period of 5 years no "think tanks" suggested otherwise. This alone would have impacted advertising budgets, but the same scenario in the recession which will start in months will take it to the next level.
ITV will suffer, hence we will see 20p.

1. The markets are going to tumble, because the Dow is wildly overvalued.
2. There is going to be a deep, long lived recession on both sides of the Atlantic.
3. Brexit related shrinking of GDP
4. The effects of Quantative Easing i.e. Take the money now pay later approach will catch up with UK Economy.

All these factors combined suggest ITV will be operating in a decelerating environment for at least 2 years, hence the SP will suffer.

The current SP is a " recovery SP" it will hit this from a new low. I think that low lies below 20p, because we don't know fully about the " horrors" of the damage caused by this virus.

https://ukinvestormagazine.co.uk/the-lloyds-share-price-is-too-hard-to-ignore-at-current-levels/

When the lockdown is ended and things start to return to normal, the "true horrors" of coronavirus will be revealed.

Agree. That is why G4S will hit a low and recover quickly to hover about a point, that could be 40-50p. Capita wil take a lot longer to recover from a new low.

Good Post. The problem is if you keep thinking the price is too high and you don't jump in, you'll miss the boat. I personally think something below 20p maybe the entry point.

Where will Capita be then?

Agree. However, no real chance of going bust, but not much of a chance it will recover soon either to anything near £1.
It did hit 32p last week and if there is no bad news with results, the next recovery position could be 40-50p. From there the SP will determined 100% by the length and severity of the recession coming, as we know the construction sector is always the first to get hit and last to recover.

I deeply regret not selling at 32p, but will sell at 40p if it gets there, I'm not worried at that price because, I feel I will get the chance at some point to "double up" i.e. Sell SIG at 40p and jump into lloyds at 20p.

More like 25p to 45p!!!

Good post, but I don't think the company will go the same way as Debenhams. This is being pushed lower because of the current climate. It will go a lot lower, before a return to the 20p mark. It could rise further from there if it can do better as a business and also provide a timescale for a Rights Issue.

Yes they generate cash, but the weight of the debt is too much especially as there is no real prospect of a rights issue.

Agree. But it is about finding the floor, I'm convinced we have not found that floor. Any suggestions what that "floor" may be?