Member Info for Carrington

I would be staggered if Ofcom reverse their decision - this would basically say to the British Public it is ok you can pay HIGHER broadband charges in an inflationary environment when you are all struggling to pay your bills - not a good look for Ofcom or indeed the Gov -
gla dyor etc

NEX is trading at levels last seen when there was no vaccine available for a worldwide pandemic - really? - I have added more at 123.8p - share clearly being manipulated on ridiculously low volume - strike situation largely irrelevant as the money lost is absolute peanuts in the grand scheme of things
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US CPI FIGURES JUST DROPPED - INITIAL REACTION ON DOW FUTURES IS POSITIVE, LETS HOPE IT STAYS THAT WAY

US CPI Core (Y/Y) Feb: 5.5% (est 5.5%; prev 5.6%) - US CPI Core (M/M) Feb: 0.5% (est 0.4%; prev 0.4%) - US CPI (Y… https://twitter.com/i/web/status/1635619455362383875 …

Very difficult to find the bottom Jed - I have been doing this for around 30 years and only managed it a couple of times - best to just buy when you see value and wait for the storm to blow over - all shares being massacred today - sentiment driven, not much you can do but put your tin hat on and wait it out looking to pick up some bargains along the way
gl dyor etc

Added at 130.8p
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Added at 82p -
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Valueplay "However I believe Ocados tech, which is focussed and optimised around big basket shops, will be surpassed by rivals." - Ocado patents are kneee deep - Autostore have already found this out to their cost - with this in mind, are you saying that new technology is going to stump up the huge costs involved here to rival Ocado? unlkely imo - agree with Poker here - retail staff becoming ever harder to source and every more COSTLY to keep in a high inflationary environment, just ask Lidl, Aldi etc how much they are paying - robots didn't need wages rises last time I looked
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"Drop most likely due to Liberum dropping their recommendation from Hold to Sell and price target from 155p to 115p, if anyone has their rationale for that id be interested to know?" - it is probably the same reason as JP Morgan recommending a sell on Rolls Royce on the 1st March with a target of 70p and the share price has risen to 156p - LMFHO - I will continue to add as the tree shake goes on
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LG - I suspect it is more to do with rail strikes ending soon and a settlement in sight - negative information for NEX
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B.E - "The family that shop in Aldi might subscribe to ad-free TV, so Tesco wouldn't be able to target them.
Obviously Tesco & holiday campanies can advertise on terrestrial ITV but their ads aren't targetted" - Doesn't really matter though does it, if they subscribe they pay - if they don't the advertisers pay - either way ITVX wins out -

For sure the Dame has made mistakes but ITVX is a master stroke, launched at a time when inflation was at or nearing a peak with plenty of people cutting back on Netflix subscriptions, Sky tv etc - giving the masses free TV and incorporating advertising within that - genius - add on the synergies as Tom has pointed out, makes this share incredibly undervalued imo - I have bought all the way down here and will continue to add if it falls further -
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It will become more difficult for unions to get pay settlements as inflation subsides going forward, - looking at gas futures/wheat prices/oil etc - these have all dropped substantially and have yet to play out into the wider economy, interest rates in the UK also near there peak - these factors and the results now a known would in my view warrant a review from a potential bidder - in the meantime as has been said already on this board, just keep banking the divi and reinvest accordingly
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Looking at the sell to buy ratio I would suspect some shorts have closed here already - I would be surprised if this is not the case as the losses are piling up - buying off book or at auction can mitigage losses to an extent but shorters are in it to make money not break even - at the end of the day these losses cannot be sustained - gla dyor etc
https://shorteurope.com/details_company.php?company=NATIONAL%20EXPRESS%20GROUP%20PLC&land=united_kingdom

ITV Mcap at 86p based on shares in circulation is at 3.46b - ITV studios is worth up to 3b according to analysts which makes the remainder of ITV worth 460m - Channel 4 was touted as being worth up to 1.5b - the share price is down today but it will not be for long imo - broker upgrades will follow as sure as night follows day - I will continue to add if it falls much further -
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If you look at the existing shorts, positions were taken from 122p to 127p - so they are now well underwater - you can't keep taking losses - the shorts on Rolls Royce found that out a few days ago - when the shorts close that will fuel the rise higher as they will then be in effect in a long position - tick tock tick tock, the clock is ticking for the shorters
gla dyorhttps://shorteurope.com/details_company.php?company=NATIONAL%20EXPRESS%20GROUP%20PLC&land=united_kingdom

Added some more this morning having been buying all the way down - the results are basically a takeover come and get me with a divi thrown in -
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Kroger q4 earnings up tomorrow - will be interesting to see how the Ocado model has faired and how the Albertsons merger is progressing - I will be watching closely
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Decided to dip my toe in here again for a small tranche - it will no doubt go down further on broker recommendations and I will add with further small buys when it does to average out - for me this is a long game play and I think it will come good long term - lets see
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Brexit deal could be significant for Marks - smoother distribution of food for Northern Ireland has got to be a plus, moreover there should be a resurgance of business heading into the UK now - see below - I have said for a long time on this board that MKS is well undervalued as are many other UK stocks - now the NI situation looks like it has been resolved, it makes UK value stocks even more palatable -
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https://theintermediary.co.uk/2023/02/brexit-deal-on-northern-ireland-protocol-to-significantly-revive-global-business-investment-into-uk-says-devere-group-ceo/

Alas no LG - a smaller buy - I have around 5pct of my total portfolio in NEX atm, currently down around 25pct but I am here for the long game - lets see what plays out next week - fundementals are good here so I can wait it out until it either gets taken out or recovers - good luck matey
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