I appreciate we’re both talking big numbers and I’m far from worried. But what I mean is it will gain 5% over a week or so, but dump it in just a day without any relative reason. Maybe it’s just trying to find it’s new range, but I’ve often felt that this share is suppressed. Maybe I’m just paranoid though! Ha ba
Either way I’m taking them as chances to top up, so it’s all good.
Unfortunately you’re right, healthy debate is hard to come by now, it’s the social media effect, people are intolerant now and far too comfortable talking to people like sh*t!
You are right though, there’s potential big reward which more often than not comes coupled with higher risk. But too many want to ignore the risks. You keep doing that and one day you’ll have an expensive lesson.
boo and card, chalk and cheese, apple and or oranges......all pointless comparisons.
Not only are they different Sectors, they’re entirely different types of investment. I happen to be in both though ha ha (well that’s a lie, I sold card last week and am now waiting for liquidity updates before I get back ) boo is very long term for me. Massive growth hampered by bad PR. But the bad news will pass, primark had the same issues once upon a time.
When you are so blinkered by your views that research only consists of confirmation bias, you’re not investing, you’re gambling.
You guys are all so wrapped up in your own views you’re too blinkered to listen to anyone else’s.
The truth lies between you, in the middle ground. Card has every chance of being a multi bag investment. But there is also a very real chance of near term turbulence due to the liquidity issue that should have been addressed long before the pandemic even struck!
To invest you simply weigh up the risk/reward and act accordingly. Not a single investment lacks either of these components. But to just ignore the risk is foolish and to dismiss that there is any potential reward is ignorant.
I agree with you with regards to the daft way lease liabilities are accounted for. However, they do become debts when you’re deferring rent and when you close down branches.
I Also agree that there are other funding options available to them, but I’m also mindful that a share issue cannot be ruled out. It’s also far more cost effective to raid the shareholders coffers than take on more debt. But the positive is that they have been reluctant to do this over the past 12 months, so it may only be deemed a last resort.