Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
If the bots take ove the trading and stop losses triggered then could go anywhere. But you are correct logically speaking as an investor the update isn't the worst. But it's going to be a multiyear hold for the returns I think..
Does anyone have any views on the new sberbank sanctions and how that's going to impact poly? They have a ten year credit facility with them signed in2019. I guess financing costs are going to balloon and could result in an equity raise? Just guessing
definitely an opportunity of a lifetime for small retailer investors. The large institutions will get a public lynching if they touch anything related to Russia atm even if it's a bargain. I bet black rock is itching to get in at these prices!
https://www.ft.com/content/6afc2715-3f4e-48fc-bbb6-5a50b54f7e4b
Very bullish looking.
https://www.google.com/amp/s/www.wsj.com/amp/articles/joe-bidens-u-s-oil-embargo-russia-energy-natural-gas-vladimir-putin-ukraine-11646780609
Great article explaining why oil price boom hads not translated to greater activity in USA. This is a reason why I think there is limited upside currently. If Biden is hell-bent on stopping shale than there isn't going to be a flurry of activity expected by the markets.
This is on the back of biden placing restrictions on drilling on federal land. If there is any wiff of him relaxing restrictions to combact sky high oil prices then we ate definitely going back to ATHs!
I don't think the results were bad all things considering. If you look at YTD performance of hunting vs ftse all share it's outperformed index by about 30%. If oil prices stays around these levels for a while we are going to have a very good year ahead. 10% corrections along the way is normal.
Ceo statement certainly sounds more optimistic. Let's see how the mArkets react...
Historically this has performed well when oil prices are going up. Hunting family owns a large chunk of business so their interests are aligned fully with smaller shareholders. I suspect a good update or at the very least a very bullish forward looking update for the rest of the year.
Indeed, oil price steaming towards 100$ as Russia and usa tension rise. This is looking like a trip back up to 8 quid here!
Thanks for explaining. Next update should hopefully provide catalyst to change the direction of the herd
Sorry not a trader. What is a worked trade?
I agree with above points however what would be better is if there was a massive boost in revenue and free cash flow due to the popularity of microfocus' technology to pay off the bloody debt quicker! One can only dream eh..
I think a lot of people are selling before news as inflation outlook pretty grim for low cost retailers that rely on volume. Probably a lot safer to get back in if the news is good than to hope for the best...
isn't 6.2m UT?