RE: Here is to a good day14 Dec 2023 08:34
The market has now officially pivoted though it’s been doing it for months hence Dow at all time highs Nasdaq 1 year high.. Obviously the dinosaur FTSE 250 still struggling. Interest rates are as big of a reason as missed targets for our low SP. It’s no coincidence we overshot to £8 with Zero rates and overshot on downside to 33p with 11 rates rises! This is the most confident I’ve ever been with my THG holding the interest rates are starting to align (market looking at 4 cuts 2024).. Q4 results compared to the long discussed 2022 postal strikes, energy fear, petrol prices, whey prices, shipping costs etc etc.. But the No1 trigger we sold out of Lookfantastic & Cult Beauty Advent Calendars!! GLA I fully expect £1+ Santa rally over Christmas & few day into NY.. Then onwards to January results (Surely it would be hard to screw it up this time!! Always cautious though it is THG)..So even without the ongoing potential of capital events I think we will be giving £1.20 sooner rather than later.. All IMO