Member Info for Carrington

Just added some more at 89p
gla

I did say yesterday that no matter what they say in the results it will tank and it has - I have just added at 92p
gla dyor etc

Just sold my entire holding in VOD (it will probably rocket up now!!!) - I am seeing this war as long and protracted and I would rather be out of european related stocks atm than in them - I still think VOD will do well long term (maybe in around a year or so when all this is over) but for the time being I can see better value in other stocks so will reallocate my sale proceeds accordingly, at the end of the day I made a small profit with VOD so not the end of the world - wish you guys all the best for the future with VOD, even Mikey !
gla dyor etc

It is unfortunate that ITV have to report on Thursday in the middle of what now seems to be a market sell off on the back of a possible world recession - I fear they may take a pounding on Thursday no matter how well they have done, that is the way it is going right now with any company reporting - unless there is a sudden ceasefire and Putin pulls out which I don't think is very likely then I think it is going to be pretty grim for just about any stock atm going forward - all in my humble opinion
dyor etc

Mikey - post all you want but moaning and groaning about the poor performance of vod today makes you look insensitive in light of recent events -

Wtf do you expect Mikey? - moreover wtf does it matter, try thinking about the innocent kids getting their heads blown off in Ukraine and put this into perspective ffs man

More tube strikes coming up next week, guess everyone will have to use the bus - KERCHING
dyor etc

I added to my holding yesterday at 110p and I am quite happy with that - looking at inflation in the UK more people will be staying in and watching the telly rather than eating/drinking out which will favour ITV, it may even raise Britbox subscriptions not just in this country but worldwide - I think the divi will be reintroduced next week and that in itself will push the share higher - I am not going to state a price for cob next Thursday but I am fairly confident it will be above 110p - let's see
gla dyor etc

Added to my holding at 98p
gla dyor etc

I think the market take on RR today is risk on - no matter what the macro economic situation is the market is saying buy - fund managers et al will NOT want to be short on this stock on Thursday if their results stack up, that is for sure and that is what we are seeing play out right now
gl dyor etc

BT down early doors but now up - I think the market has digested the Virgin results today as I did and came to the same conclusion - BT are rolling out at speed and will have most of the UK covered by the time Virgin has finished scratching its arse - on this basis Virgin are having trouble attracting the required finance big trouble
dyor etc

Justnotworthit - if you strip out lease payments MKS debt is around 1m as they paid off a substantial sum with free cash flow (leases are transient if you look at MKS lease holding in 2018 they had 4b plus, now it is around 2b with stores that have had leases closing reducing their liability which is an ongoing process) - as an aside -when companies are taken over the first thing that is looked at is their pension and if there is a deficit (this has been an issue for BT another company I also have shares in), no issue here for MKS though as they have a current SURPLUS of around 800m) - Apollo asset management ran a takeover option at 240p a share for Marks and Spencer, the share is nearly 30pct below that now so on this basis the MKS share is now back in play - making statements like Sainsbury's have fallen less and basing a further share price fall for MKS when the latest Neilson report for Jan shows Marks taking market share from their competitors is just plain stupid - debate and put your views across by all means but don't make idiotic statements based on non economic reasoning
gl dyor etc

Virgin results update - looks like they are in trouble with the roll out vs BT - that is my take on this

https://www.cityam.com/virgin-media-owner-and-telefonica-eye-new-fibre-giant-to-cover-7m-uk-households/?utm_source=dlvr.it&utm_medium=twitter

I would agree with a 130p target prior to results and higher if the results stack up - dividends and value stocks now being sought by fund managers to replace high tech stocks that forecast profits in 20 years time instead of right now - my target with ITV is 160p which will give me a double bag - 200p plus with a bid -
gla dyor etc

Thanks Constantly - it is very difficult to pick a bottom in any share and I have got a few recent buys on MKS wrong although this is outweighed by buys I made under 1 pound during the height of the pandemic, overall this has given me a healthy profit - this has always been a 3 year plus progressive buy for me and I will not be selling ANY of my MKS stock until I have achieved my target which is over 3 quid, over 4 quid with a bid - good luck going forward
dyor etc

Constantly - sentiment driven matey - macro economic issues with Russia and micro economic issues with inflation increasing the cost of living - perceived by the market or some players to effect MKS going forward - as I said in previous posts, I think the MKS demographic and increase in employment will offset this - I am buying on weakness and will continue to do so - RBS broker issued 235p sector perform target today so looks like they agree with me
gl dyor etc

Bus fares in London being raised 10p or almost 6.5pct - as me old Dad used to say to me there is never an ill wind that doesn't blow some good, and the inflation wind is blowing hard my friends - kerching
dyor etc

See Paribas reduced their VOD short position on the 8th Feb by 0.39pct - telling, very telling - more shorts to close if this rise north continues that is for sure - and the best part about it is that the shorts closing only adds fuel to the buying - kerching
gla dyor etc

TT - "I wouldn't think that it was a significant percentage of ITV viewers that hold ITV stock and/or short it." - no I am talking about day traders TT - ITV has NO short positions disclosed above 0.5pct atm but day traders target stocks that they feel will fall over a short period of time with any company in order to make a quick capital gain - anyone who has done this on ITV has been hammered - good luck matey
dyor etc

ITV now up around 15pct in the last 3 weeks, anyone who has been short on this has taken an absolute hiding, - big buys going through again today - all good for the mighty ITV - as my American colleagues would say - ITV is "stomping ass"
gla dyor etc