Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Wow that was an absolute shocker - I didn't see that coming tbh - the management have screwed it up good style - had to take the loss on the chin, when there is this much bad news it is hard to tell when the fall in the share price will end
gla
Terrific results from Easyjet this morning, airlines doing well usually creates a favourable response for RR. - alongside decent UK GDP announced this morning, should be a good day here, lets see
gla dyor etc
From Kantar this morning - "It was also a more positive period for Ocado Retail, an online grocery joint venture between Ocado Group PLC and Marks & Spencer Group PLC. Sales rose 9.6%, as its market share edged up to 1.7% from 1.6%."
John Lewis must be ruing the day it gave up on Ocado - these figures augur well for Ocado and Marks in the run up to Christmas
gla dyor etc
Agree Badland - my old Dad used to say "there is never an ill wind that doesn't blow some good" - nobody wants to make money on the back of someone else's misery and my heart goes out to those in Isreal and Ukraine - we must all be grateful for the life we have in the UK
gl
"It was also a more positive period for Ocado Retail, an online grocery joint venture between Ocado Group PLC and Marks & Spencer Group PLC. Sales rose 9.6%, as its market share edged up to 1.7% from 1.6%." - From the Kantor report this morning - MKS demographic has plenty of money to spend which is playing out in front of your eyes right now- they will smash Christmas - just wait and see
gla dyor etc
Arsinal - yes very good old boy - done very well with RR. and I think there is more to come - just need to be patient - been a good year for me so far with MKS outperforming - down on a little on MGC and ITV atm but I think value stocks will come good in the end ... fingers crossed - good to here from you matey.
gl
Lots of pontification on this board speculating if RR are going to go further north or tank - with concern that the Israel war will impact - imv it highlights the need for defence more than ever and is a plus for RR going forward - Tufan added to his holding at 218.8p and Mcabe doubled her holding at the same price a couple of weeks ago, which is around 4pct less than the share price now - this tells you all you need to know - investing doesn't have to be complicated - follow the money guys
gla dyor etc.
FTSE heavily made up of commodity stocks - oil is getting hammered out of sight today - down 3pct as I am typing - this plays through to the FTSE
gla dyor etc
Tufan and another director added to their holdings at 218.8p recently - they know far more about what is going on with this business than than anyone else - down today on the back of US rates being higher for longer, as is the rest of the UK market - once there is any sniff that rates have peaked in the states this goes north of 250p pdq imho
gla dyor etc
Dangerous times for shorts now in the lead up to the trading update in a couple of weeks - sentiment turning positive for MCG, this reminds me very much of the lead up to the RR. trading update which decimated shorts at the time - funds are now wary of big recoveries in UK stocks - Keir has put on around 30pct since their recent update - MKS around 30pct - shorts will not want to be caught out and I expect further buying here to consoliodate/hedge their positions accordingly - lets see
gla dyor etc
A few moments ago from the Telegraph - Dame Sharon Lewis 'to stand down' as John Lewis chairman - Dame Sharon Lewis is poised to stand down as chairman of the John Lewis Partnership, according to the BBC - Marks have destroyed Waitrose market share and the fall out from this is now there for all to see -
gla dyor etc
Added at 568p
gla dyor etc
Added at 590p - the share is now trading below what it was before it received the autostore settlement - whole market down atm on the back of rising oil prices but more than factored in here imv
gla dyor etc
Nothing has changed since the Ocado results which were pretty good imv - echoed by some analysts who upgraded before and after the results were issued - Exane have given their opinion which resulted in a 20pct fall - completely unjustified imo
gla dyor etc
Added some more on open today at 638p - gla dyor etc
Added at 677p
gla dyor etc
Bought back the tranche I sold at 885p a few weeks ago for 717p and will add if it falls further - I may have held back on this purchase but the fact that valueplay the perrma bear is advocating further falls persuaded me to buy - gla dyor etc
NEXT raising guidance on results today - should augur well for MKS - another blue day here coming down the pipe
gla dyor etc
Yes Sneed - I would expect to see MCG going north today on the back of these numbers - gla dyor etc
https://www.proactiveinvestors.co.uk/companies/news/1027042/ftse-100-live-stocks-seen-up-after-surprise-drop-in-inflation-1027042.html
Decided to take a punt here with a small tranche - I like the company based on previous record, I believe that the sell off is overdone based on interest rates near peaking and inflation imv already peaked - I think companies will start to invest more in this scenario going forward and SFOR will benefit accordingly - gla dyor etc