We would love to hear your thoughts about our site and services, please take our survey here.
I really need reading glasses - * beat me to it
Ah, you best me to it. It's well worth a read.
Https://www.euronews.com/2019/06/20/eu-nations-aim-high-with-plan-to-tax-air-travel
Hopefully the link works.
Pushing other EU countries to end the tax exception on airline fuel,
as a way of changing consumer behaviour. The idea being to encourage
other more environmentally friendly modes of transportation.
This may be an increasing area of focus over the next few years.
So we closed above 9.90. had 1 small lot @ 9.77.
I'm buying in under 1K amounts, just in case anyone gets the wrong idea!.
In the FT markets live report.
May be worth a read.
I can't give a TA view full stop, just to clarify.
Referenced a couple of different views recently,
neither of which are mine.
I can make a guesstimate that if we leave without a deal in October
we are heading below 9 a share.
Thanks for the clarification on January's intra-day low.
Lufthansa profits warning.
That's the potential double bottom at 9.90 sliced through this morning,
so the odds of the SP starting with an 8 are increasing - just IMV Only.
That's right on recent support.
If around 9.90 goes, that may open up significantly lower levels
as per the recent TA view posted - or it may not!.
That's the beauty of the stock market ).
N/m.
Once CAPEX and the pension contributions are accounted for.
Net debt is increasing as a result. This is all in the accounts,
and with respect very rudimentary.
The market is well aware of this, which is why so many of the actively managed income
funds no longer hold. The UKX tracker funds are obliged to hold.
Is a joke imv, particularly given the net debt.
It's also questionable whether NGP will make a significant contribution,
currently loss making.
Questioned the dividend policy here a couple of years ago
but on they plough with the 10% annual increases.
With volume losses on the conventional stick business,
I would not view this as safe longer term, unless NGP profitability takes off.
Having said the above, there may be trading opportunities for the nimble.
As always, all just imv only, please DYOR as always.
I'm not clicking a Sell given the rapidity of the recent SP fall.
Two incredible semi finals, had a feeling the final might disappoint.
Just a shame the early penalty was conceeded - Liverpool fans will vehemently disagree!.
EZJ looks set to be relegated from the UKX, if reports in the weekend press are accurate.
Below 8.60 will add another small amount, if given the opportunity.
EZJ benefits more than RYA from the falling oil price, on the flip side EZJ
has arguably larger exposure to UK consumer sentiment.
This was posted elsewhere this week, so I better just summarise rather
than copy the post, remember this is just one person's opinion only :
A sideways move in RYA for another week or two, would set up a potential reversal at 62% of the 2008-17 rise at around 867,
if that fails look for another potential reversal just below 8.00, which is the 2014 breakout level.
Only if the later level fails, would a multi year H&S pattern come in to play - on this scenario no target was given.
There is another view that RYA made a double bottom part week below 10 - that view looks on the optimistic side
to me, but let's see, none of us possess the gift of prescience, unfortunately!.
Have a good weekend guys and as always please DYOR.
Apologies if already mentioned - extensive coverage in the FT today.
Some earnings downgrades following the RYA numbers last week, RYA also
mentioned briefly.
Just in case people are not aware, that part of the FT is free to read, just create an account,
quick and easy.
* famous.
Hoped aboard the jet this morning, 8.80.
Very small amount.
Monitoring RYA, it's refusing to dip under 10 atm - fanout last words.
This is just out of interest and what follows are two views I've read over the last
week...make of it what you will:
The more bullish current view is that RYA last week made a double bottom
at just below 10 a share.
The second and less optimistic take (at least short term) is RYA is in the process of
a yet to be completed massive head and shoulders multi year pattern,
which would target somewhere under 8 a share.
On considering the second view on fundamentals....if the UK were to leave without a deal,
the risks of which are rapidly rising, and there followed a guidance cut, that type of level is possible.
I mentioned a few months ago that if the UK were to leave without a deal, the SP may start
with an 8, and I would stick with that view fwiw.
On either of the above views, there should be some very nice longer term upside.
All of the above represents guesstimates, nothing more. However, whatever your politics,
keeping some cash on hand for October time might be a good idea.