Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"6) discount this by 50% for a margin of safety purchase price of £3.85. Basically you can buy Boohoo shares all the way up to £3.85 and still get a fantastic bargain."
Every 4 moths last year it dropped by 50%, -20% - this year. Currently trading at it's volume profile highs, bulls are sitting @2.70 and 3.10, bears - 3.45, 3.15, 2.73 and at 4.13 last scraps get sold.
From swing-trading, Boo is outstanding, you can double income every 1/2 year, if get info before mass sellers...
some Americans say, inflation is cancelled and expectations - overrated.
Should we pile in TLT (US long term bonds)? What about UK/EU market? US bond vs PFD in case of deflation?
https://hoisington.com/pdf/HIM2021Q1NP.pdf
"PFD share price could fall. We missed the post Easter rally. I was hoping at over the pound by now. Can’t see this in near term except for a blip moment. Too many times going to £1 & then back down, volume here is very low. "
Actually, we were waiting for annual report rumors to release ("launch") price, usually - 2nd half of April. Max price in June. By my expectations. And by daily turnover. No stars for Q4 but very decent year.
Someone use hard TP (take profit) level @ 101.4 GBx, I wonder is it the same person/institution which had hard "buy" @88 GBx at the end of Feb, start of March
"Apart from schools the rest of the economy opening up will be based on data not dates so can't see anything too exciting coming from the weekend.
What do other people think?"
Definitely! No one remembers any U-turns from this government! Going down - good! But there will be no "going - up again" only if it will be reported as "extinct"!
"Look at the UK and the graph and the effect of the lockdown
Then look at the US. No lockdown and exactly the same graph.!"
Because some PM introduced lockdowns after care homes got their COVID share, remember the mortality spike on the graph, when they announced where all care-home deatsh will go for now. 1/2 Europe did much better at the spring, but became much care-lesser when 2nd wave came.
US some states had their rules, NY-city was locked as.. But I agree that UK's measures were timed very badly and consequences are comparable with US's.
"So you think the lockdown should have started sooner and should go on for longer?"
Yep. Border lock Nov'19 would be the cheapest.
Lockdown Jan-Feb'20, establish track and trace, tests'n'stuff, we would have 10% of spring numbers.
Every epidemiologist warned of 2nd wave, end of August already showed increasing numbers, lock down then and we would see 1/2 of September numbers and 10-20% of October/November peaks. Instead we had wtf-zones-regimes changing every 2nd day and no one cared.
Now we have lockdowns anyway, but at that point it would be much cheaper and shorter and traceable.
"So you dont think the lockdown has helped reduce the R rate then?"
It is only thing that helps, statistics shows that, but if too short - R is up within 2 weeks. Lockdown should be put in place when scientific advisors/sage say so, not couple weeks later.
"Without sounding like a d**k, there are lot of things we do endanger people's lives (car accident for example, but we still driving), and the covid endangered group are mostly > 80s , should we shut down the earth for? I am not sure. data says 3-5% death rate, but far more % of the population are suffering from the lock down. "
If you would not have lockdowns, then you get Brasilian/Russian city style Covid with mortality ~15-20% when hospitals run out of oxygen, vents, space and medics. When ambulance drives around the city's hospitals trying squeeze their patient in if he/she manages to survive long enough.
Sure, majority would still be fine, but absolutely no guarantee that you or your relatives would receive any help in case of need.
+ cognitive capabilities/potential affected even for those who get the illness in very light form. Why risk?
Buy (low)/(sell) high on daytrading continues until price amplitude stops to be attractive or some trend kicks in.
Daily and 4h RSIs say that this is a bit over-bought, attracting sellers as well as take profiteers while daily volume is not even reaching average. As well meaning, no strong trend + sellers/TPers have stronger influence.
I wonder at what level your StopLoss stands?
Sure, things will go up, but when? We are waiting for some positive news stream otherwise things will not go up for the 1st half of 2021.
SYM looks promising, but tiny. Guy with 10k makes the daily volume.
not like I would have some significant knowledge, but 1st thing in mind "Capital Reduction" = "share buyback".
Spend cash to reduce amount of available shares in the market, this usually almost inevitably leads to rise of share price.
But market capitalization can suffer a little if amount*price of old shares > amount*price of new shares.
If divis - rest of the holders can expect higher divis while company spends less money...
Something like that
This is not odd, people need to take profits before financial year ends to tune in tax allowances, their financial plans and savings.
Institutions need to balance their portfolios too, if something doubles it ruins diversity - review and sell what had grown and buy the fallen-ones.