Member Info for adzy2k11

Definitely will be more volatility, and don’t necessarily expect an immediate bounce, but the relative resilience of China and EM (where the virus started) provides me with a roadmap of how we will recover... so bit of bouncing around at these levels but then new all time highs late this year (in US indices) but this time the rally will likely be driven by a new regime of leadership

Not a bad list, why the banks with foreign exposure vs domestic?

I heard from a few ex-colleagues at trading desks at IIs that prices for even the ftse 100 stocks yesterday were almost false because they just couldn’t buy anything...

You can’t draw a conclusion on WHO is buying based on volume alone. But time will tell, sitting pretty from the buys yesterday (for now)

Good news for the staff, but terrible news for shareholders as it confirms the banks are not willing to help and NMC has lost access to funding.

How did you figure out it’s retail buying today?

Lol this guy must have been in a bubble when he wrote this article. The whole issue is that we can’t trust the balance sheet or profitability or intact anything about the company now.

I think it’s a given that divis and buybacks will be cancelled.

I disagree, the right time to short was last month... I stick with my view..

09 Mar 2020 08:51
I personally think this is the EXACT capitulation you needed to see to mark a bottom... time will tell and bottom formation is a "process" but buying good balance sheets now will turn out to be a great decision IMO...

On the open I bought Lloyds, Glencore, EasyJet, Rolls-Royce, Babc0ck, Abcam, and GSK.

You keep believing that, kiddo.

Oh ok, you’re just speculating.

Any source TQ?

KO options have a time frame associated with them, so if it didn’t reach a pre-determined share price by a set date and set price then they would expire worthless... which is I’m guessing happens here

https://www.investopedia.com/terms/k/knock-outoption.asp

MrD - I Said he bought them off-market, not during suspension. The price never went to £8 on 25th Feb, so he bought them OTC direct from another shareholder at a discount to the prevailing price... Shetty maybe?

He’s buying 5m shares for £8 (off-market)

Pioneer - they are both down 35% from their peaks... IAG does have a cheaper valuation (optically anyway) and a higher divi but I think easyJet has more leverage to a recovery...

Rastuss - you’re probably right, I’d need to re-read the takeover rules...

yeah, i read that article already, it's the only source so not sure if it's true... i'm not expecting a bid today or an extension either... they'll probably RNS tomorrow to confirm the timeframe has lapsed... then we'll stop getting all these form 8.3s/8.5s....

On the open I bought Lloyds, Glencore, EasyJet, Rolls-Royce, Bab****, Abcam, and GSK.

Stick to things like Glencore if you're going commodities...

I personally think this is the EXACT capitulation you needed to see to mark a bottom... time will tell and bottom formation is a "process" but buying good balance sheets now will turn out to be a great decision IMO...