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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
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.
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
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. "
Hammer candle last week. Does this mean a bullish reversal? Who knows?
Although retail is depressed, the share price is trading at such a huge discount to NAV, it should have at least a push towards 245, the last pivot high.
Let's see what happens.