Member Info for botbot1202

Enough for a Decent Jam sandwich.

And this is a simple summary on the Inflation US question....

US inflation jumped for the first time since June last year as American consumers faced higher housing costs.

The consumer prices index rose to 3.2pc in the year to July, up from 3pc the previous month.

The figure is lower than the 3.3pc predicted by economists and eases concerns about the potential for more interest rate rises as the US Federal Reserve tries to bring inflation back down to its 2pc target.

Importantly, the figure for core inflation, which strips out volatile food and energy prices, slowed to 4.7pc in July from 4.8pc in June after a drop in prices of used cars and trucks.

Overnight close at $17.38

So an 8c or 5p ish drop again

We are slowly being walked downwards, no real reason, but honestly all of my holding are doing exactly the same so I wouldn't worry.

We closed at $17.46, and it's now at $17.31, so 15c, or 11p drop, assuming no changes.

I remember those days.

I used to have to write the results down in the Sun for Dad.

With Mum looking through the catalogues for a new jumper that she could buy over 30 weeks at 50p a week.

Geeezzz AParky.

How old are you.!!!

That's before my time.!

Don't panic Mr Mainwaring

All will be good. :-)

One of the best TV programs of all time was Dads Army.

I think I'm too old.!

So we have results, beating expectations.

Forward bookings excellent.

BUT the founder then announces he's retiring..........and we tank.

BUT...... we've not recovered. We are at the height of the season of travel, all prices have gone up.........

and we're still tanked.

Anyone with any ideas. Answers on a postcard please.!

As I type, we're on $17.61, which is 16c more than we closed yesterday, so we should be, in theory about 11 up.....

but we are only 2.50p.....

Obviously during the day, the exchange rate changes.!

Overnight, it closed at $17.39, so we should have maybe a slight drop, like for like, of 4 to 5p ish.

Cant wait for tomorrow's normality to start again

We closed at $17.45 and it's currently $17.29.

A further 16c drop, or 11p ish.

CPI US Data Thursday and Friday, so will probably be a bumpy ride.!

And obviously my maths and brain didn't work.!

2% of $10Trn was $200bn.!

Bhants.

The reason for the drop was not a CCL manipulation.

It was a whole US market manipulation as they are waiting for the CPI figures.

How they manage to tank and literally wipe off probably $50bn+ off these large stocks is absolutely incredible.

Noting the big Tech companies make up $10Trn, and they wiped 2% off of them alone is quite amazing.

Roadie.

Several people on here I have told openly, but I'm going to say to you.....yes.......I have A LOT of carnival shares.

I did sell a big chunk, only to reduce my risk, and the total value in Carnival was ridiculous.

I use several platforms.

Young.

I might have made my post too much of a swing, but I used to use a free platform.

I actually tested it, the pricing variances are not massive, but enough.

I had my price up, and my brother sitting next to me using AJBell, and the price he got was better than mine, and we used the same volumes and pressed the buttons at the same time.

If you are buying £5,000's worth, you only need to be a few points out to make up a £7.95, or £9.95 trading fee.

Roadie.

You need to do your own research, BUT...

Carnival has a huge debt. and that is what the concern is.

Along however with that debt goes revenue beating all previous years, profit which will be beating all previous years, and profit after tax beating all previous years.

Additionally, forward booking have already beaten all previous years.

BUT... The debt is HUGE, so even though cruise prices have gone up, and profits have gone up, it will take time to pay down debt.

The highest, currently, analyst pricing for Carnival is $25, today it's $18. So basically, you would expect us to get to £17.50 ish by March next year, so a 40%-50% gain ish in 8 months.

that assumes that Oil doesn't go through the roof, the new covid variants aren't any worst than Omnicron, and we don't have WW3.

Negatives...... in a big way is debt. Interest rates have not stopped going up, and they had to borrow the monies at high interest rates because nobody wanted to lend them money, so Interest payments are very high. They are managing it, trying now to re-finance some to bring down the costs.

Now you need to google and look yourself.

AParky.

No, your ISA sounds good.

Investment ISA with Halifax, but fee's paid for via bank account/cash, is exactly how it should be done, in that instance.

Re your IFA. You can pay him/her via cash.

Obviously all of this depends on whether you are drawing on your Pension etc. or not.

If you are actually drawing on your Pension, then them taking the fee's from there really makes no difference, unless you have a pot of cash sitting in your bank account.

ISA monies should never be used for fee's, it's a waste of the tax advantage.

AParky.

If your investments are within an ISA, or Pension, you can set-up a Cash Account, so that the fees are taken from there, rather than the actual investment itself.

Not that fee's are actually massive anyway, but fees taken from selling Shares in a trading account also still counts towards your capital gain, or loses as well, hence why it's always better to use cash.

Apologies, if I'm making you suck eggs here.

As I said, some people know....and some people don't .!

YES........

It worked....

I thought if I say it's going to drop, then it will do the opposite.

It's a bit like when I buy shares, they go down, and when I sell them they go up.!

WOOHOO