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Looks like this will go higher after a triangle breakout in January 2019 and pullback to 977 in July. Only issue is the spread is wide because number of trades is so low.
TLW has been in a triangle pattern lasting over 5 years. So, it needs to convincingly break above 300p before it really starts to run. GLA
PS: Daily 200 EMA is 211 and the share price is finding resistance despite today's good news.
NRR still very bearish based on decline in retail sector, and poor reflection on property REITs based on INTU's problems. Therefore, NRR is still firmly bearish and probably will have more to fall. As the % dividend return on the shares is so high it will be the first to be cut to assist their finances. GLA
Breakout resumes today after a pullback to 58 after the recent results.
PS: Wish I bought for 10p and held. That would be every investor's dream. GL
Last value at year end Net Asset Value (NAV) was 261p per share.
Either NAV will fall this year, or the price will remain at a high discount of around 40%.
Another bearish factor will include levels of CVAs if retail tenants need to close stores.
Time will tell.
Next confirms breakout with strong 2nd day so far after good results yesterday.
Short selling along with actual selling is the market's way of rating a company.
e.g. You go long because you're optimistic. I disagree and go short.
Problems occur when speculation, manipulation, insiders or large trades affect the market. These imperfections need to be addresses by the authorities to level the playing field.
Good luck, but in cases like Kier bottom fishing is always done at great risk unless you know what you're doing.
My view on NXT:
https://uk.tradingview.com/chart/NXT/CY5jMiT5-Good-results-at-Next-triangle-breakout-confirmed/
A big day for global financials today. Not just LLOY reporting but FOMC rate decision later on. A strong reduction will dent Financials and if BoE follow suit to cushion a hard Brexit then we'll see LLOY feel the heat. Technically it's heading for 50p support. DYOR
Very week, as structural changes in retail hit INTU. Bottom fishers beware.
All time low and big move before interim statement tomorrow.
More to come?
Fact check: Ofcom is not an EU institution. It may have to implement EU laws as part of it's mandate, but it is definitely British and takes care of many aspects of the industry which occur in the UK e.g. scams, viewer complaints etc.
Here's the facts:
https://www.ofcom.org.uk/about-ofcom/what-is-ofcom
Also to quote Ofcom, "The Office of Communications, commonly known as Ofcom, is the UK government-approved regulatory and competition authority for the broadcasting, telecommunications and postal industries of the United Kingdom. "