The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I went to bed last night with the full intension of waking up this morning, looking at the shares when they opened, seeing red everywhere and dumping all my travel stocks and just waiting with the cash.
I deliberately left it until 8.10am to look, and it's all green.
Looks like we fight another day.
Https://uk.yahoo.com/finance/news/markets-weigh-risk-retaliation-cycle-121654817.html
Looks like it's not getting any better then.!
https://uk.yahoo.com/news/situation-ukraine-frontline-deteriorating-significantly-113839910.html
https://edition.cnn.com/2024/04/13/middleeast/iran-navy-container-ship-israel-intl
And the US Closed at $14.38
So 0c change.!
Now that's a first
Also, we were the best performing Cruise stock, with NCL and Royal losing more than CCL.
Good weekend all.
Let the fun and games start again next week.
£25 - End of 2025
.
The thing that does annoy me is the aspect of the SP, or value of the company, being reduced because of the sentiment, but then the expectations of the results do not change.
So, just taking CCL for example. The argument for the drops earlier was that Interest rate are not going to come down quickly....and Inflation is staying higher.........
You would therefore assume that the SP would drop because the theory is that people would not be cruising because they cannot now afford it......but..... the expectations of the results haven't changed.....which means that the expectations which assumed bumper months revenue and profit is still assumed, which then mutes the points about the SP drop.....
That is what truly annoys me about stocks.......and I'm not just talking about CCL.
Look at RR today, they are a defence company as well.! and the service contracts on the engines are payable whether they are flying or not.... but RR still drops, where as BAE has gone up.....
Rant over. :-)
YR.
Yep.
If you need the money within a few years, you should never invest in individual stocks though.
IAG got to 180 on Wednesday and is now 18.5p cheaper.
Easyjet has dropped 12% in two days.
But, every single one of my funds has gone up.!
The answer, sit, wait and watch....... End 2025 = £25
Betterlife.
You'd better hang on.,
This is going to drop like a tank flying off of a tall building in exactly 13 minutes.
You haven't heard of Covid24.
The symptoms are sitting in front of your PC watching a big red line going downwards, but only on one cruise stock.
It's generally not catching
The US Closed at $14.97
18c Up from our close
12p - 13p, assuming no drops, no bombing, no missiles, no covid, no FED Inflation reports, no FED/BOE bank rate rises etc. etc. etc.
Patience my young Padawan.......
.
The only reason it's showing huge %'s compared to last year is because it was only £7 a share, however, if in December after the results and the expectations it was worth nearly £14, and the next results expectations were set then, and now, 4 months later, with the Inflation/Debt/Interest rate aspects I mentioned below, that would mean that the results should be 30% lower then.?!?!?!?!
Yep.!
It's actually getting a little frustrating, even I have to admit it now.!
So, the SP drops because Inflation hasn't dropped and therefore the Interest rates aren't going to come down as quick..... ok got it....
So, why haven't they adjusted the expectations of the results.!
Surely, if the argument was that CCL, like other travel isn't going to be as profitable because the amount of people won't travel because they can't afford it would mean that the revenue expectations should come down right.?!?!?
and because the debt that the travel companies have will now be paid back at a higher interest rate because it's not going to drop as quick, would mean that the bottom line EPS would be lower....right.....?!?!?!
But nope......... nothing has changed.! apart from the SP being 30% lower than at Christmas.!
IAG hit 180 yesterday morning, it's now lower than 169.
All travel tanked.
don't forget, nobody has any money because the CPI report showed Inflation has not come down, so everyone is staying at home, with blankets wrapped around them eating from a cold tin of beans.
All cruise ships will be empty and all the flights will not be taking off because there aren't any passengers anymore.
Oh, and can someone tell the fckin Costa Coffee customers to nobody has any money pls, because all of them sitting there drinking their coffee's with their morning cakes is making the people eating cold beans upset.
In 20 months - £25
A day, a week, a month is nothing, all meaningless unless you are trading.
It's now $14.94
35.5c drop
25p drop for us tomorrow.
LOL
Make that 49c.!
35p
Betterlife.
Yep. Currently a 45c drop, 32p for tomorrow morning. It may recover, hopefully, at least some by cob / after hours, but I guess we will find out tomorrow.!