Member Info for Carrington

I have to agree with Scamp re union announcement - if one does come out and it is positive, there could be a massive uplift here with shorts closing propelling the rise - we could be looking at 15pct plus - gla dyor etc

correct Scamp - as I said, unless there is something positive or negative that directly affects rmg it wil just ride the macro economic sentiment - fingers crossed for some positive news on results day - 10 days and counting
gla dyor etc

if no news re rmg until results day then macro economics will dictate and rmg will follow - dow futures down 827 as I am typing - lets see what happens this afternoon - all down to cv now and sentiment re second wave
gla dyor etc

scamp - can you understand what I was telling you now re market (dow) dictating rm share price movement - if you look at the sell off on Thursday and the slight recovery on Friday - rmg traded at 181p wed then 170p thu then 173p close fri - dow closing position when we stopped trading on wed was 27064 then 25110 on thu and 25350 - the equates roughly to a 6pct drop in the dow and rmg on thu and a 2pct recovery by rmg on fri and a 1pct recovery in the dow, although after hours trading would probably have increased that - so as I said the rmg price was not affected by shorts on thursday or friday - shorts only relevant on issued information - that is why funds short - they look at future events and price them in according to anticipated market reaction/sentiment -

look at the ftse100 and ftse mid 250 - all stocks down, all stocks retraced -
dyor etc

Nothing to do with shorting - market selling off - risk off all over the board on us trading outlook - dow down over 900 atm - dow controls ALL markets - simple as that - rmg simply retracing recent gains as practically all stocks are atm

gl dyor etc

see Norges Bank have increased their holding to 4.39pct - pullback today expected as mks has moved pretty substantially over the last few days and big boys locking in profit - letting pi's sell off before purchasing lower - noise about brexit and no deal weighing on sentiment going forward I suspect - will add again if it gets below 105p
gla dyor etc

Been watching MKS very closely on the live exchange this morning -ftse down 1.1pct as I am typing this - MKS down just under 1pct but interestingly being bought heavily on dips to support the share price - good signs these going forward - gla dyor etc

Scamp - Kretinski sitting on a large profit here based on previous buy ins - why not cash in? - its a win win for him - makes the money and reduces the share price at the same time so he can buy back in when the share is on the floor - it is a big call to leave money in this share right now - I will be looking to sell half my stake if it gets near 2 quid
gla dyor etc

The MKS train has left the station - north bound
gla dyor etc

Amazon looking at 2bill Bharti Airtel purchase - good news this for VOD imo - highlights massive potential in India and puts VOD in the spotlight especially as Google looking to invest in VOD India - corporate minds may now be concentrated more on Vod India going forward - we shall see - gla dyor etc
https://www.reuters.com/article/us-amazon-india-bharti-exclusive-idUSKBN23B1F8?taid=5ed8f9b04b7b8500011e9911&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

I have been monitoring the new Marks woman clothing range online recently - several staple summer items like shorts, casual vests etc are selling out at FULL price - if Marks supply staple clothing items via Ocado along with food they should be able to keep the clothing prices down as well as the food - if Marks can turn woman' clothes around as well as increase market share in food the shares will go through the roof - time will tell but good signs here going forward - gla dyor etc

Massive reduction in shorts for MKS - down from over 5pct a couple of days ago to only 3.24pct this afternoon, with only 2 funds (Blackrock and Pelham) still holding stock - wow that is massive for this share - when fund managers are reducing their shorts on this scale something is afoot - providing we get no more adverse macro/micro economic news I expect this share to move higher or even re rate going forward - gla dyor etc
https://shorttracker.co.uk/company/GB0031274896/

Nice purchase Velo - timed it right - you must be tempted , are you not, to take a cheeky 5pct profit?

dyor etc

Theo Paphitis, chairman of Ryman, on TV a few days ago saying that online retail has been brought forward 5 years due to Coronovirus - Marks takes over online from Waitrose on the 31st August - yummy
dyor etc

Yeah 119p could have been an intraday low JB - 124p on 3rd April according to graph - recent enough to concentrate minds should it be breached
gl dyor etc

Hi JB - re hedging - 2 quid leaves me a tidy profit on half my sum, enough to more or less cover a big drop, should it happen, on the remainder - I think he has deliberately not bought in at the bottom in order for the bottom to be established - he could sell some of his stock to see if the share comes back to the 124p low then go for a hostile takeover say at 3 quid - shareholder will then know the previous bottom and also be reminded of it again - 3 quid is a lot better than 124p and I am pretty sure that shareholders would agree
dyor etc

the question marks were actually a smiling imoji but came out like that in case you are wondering what the hell they were for!!

Thanks Scamp??

Kretinsky playing the long game here - knows full well that there is value to be realised in GLS and the pension - the initial purchase at 85m is already making him a substantial profit and future purchases will I suspect make him more so a win win situation for him atm - he alone can put the share price back substantially be selling his whole stake - that puts him in a very powerful position - It will be interesting to see how this plays out - I would personally look to hedge the share and sell half my holding if this goes above 2 quid
dyor etc