Member Info for Carrington

Actually agree with Retirment here - graphs and charts pointless atm - it is all about the macro and sentiment with regards to the war - personally I will be keeping the remainder of my holding here long term - War simply has to get sorted soon or Trump risks US T Bonds going higher and higher until the US economy goes into recession - Trump may be irrational but he ain't stupid - at the end of the day the bond market says what is going to happen to the economy not Trump - gla dyor etc.

Yup - no market information due for some time here Kat so I can see the same scenario playing out as it did last time before and after results unless a trading update forces the issue - traders will no doubt play the macro in the meantime - happy to keep adding on weakness here to average as I did before - that yielded me a 40pct profit, - as I said in a previous post - no difference to the company fundamentals from a few weeks back when the results were announced so no reason as far as I am concerned not to continue buying on weakness - gl dyor etc.

Fleccy - for me the war HAS to get resolved - at the end of the day Trump is relying on the bond markets behaving themselves - the US T bonds have been telling him that over the last few days - THEY run the market and ultimately the direction of the economy not Trump - he may be irrational but not totally stupid enough to risk a US recession - which is why it will be resolved pdq imho - agree that there will be fluctuations in the sp on market volatility short term but I am happy to ride that out until a resolution is found - also Insurance stocks are are generally considered defensive or "recession-resistant" rather than completely "recession-proof" - insurance is a necessity for vehicles, homes, and businesses, demand remains stable, allowing companies to maintain consistent revenue and dividends during downturns, often outperforming the broader market - which is basically why I have been adding here - gl dyor etc.

I suspect funds have been buying this for the divi today, not too shabby with a 7pct yield, not too shabby at all - hopefully some more buying tomorrow before it goes ex on Thursday - gla dyor etc.

My limit order placed this morning at 200p just triggered - happy with that - the buyer on the Advent sale was happy to pay 214p so at 200p that is a 6.5pct discount😊- will add more on further weakness - gla dyor etc.

Josey - I don't think the Italian fine a couple of days ago is helping matters here, having said that I think 4m euro seems a little extreme and will be fought hard in court - apart from that nothing has changed here from a forward earnings perspective since the results when the share topped out at 246p - I am happy to go back in at 200p - that would be almost 20pct mark down which for me is over the top - lets see - gl dyor etc.

Bit of a neutral CMA report this morning - Pets already doing what most of the recommendations are - cost set ups for the vets could impact on profit down the line although I suspect the price comparison sites will favour PETS - they are the cheapest in our area by some distance which is basically why we use them for our cats! - will monitor here and add on further weakness - gla dyor etc.

A bit of an overreaction here to the sale by Advent Global - I have put a speculative limit order in at 200p, doubt it will get filled but worth picking back up for me at this price - gla dyor etc.

Thanks Fender, still a long way to go here with a US/Iran settlement but steps in the right direction for the moment, expect more market volatility over the next few days - gl dyor etc.

Haha - I don't get it right all the time Pete! - but thanks for your kind words! - the key with investing is to get it right more than you get it wrong - in this instance Trump is dependent on the bond markets behaving themselves, and although he is irrational he is not stupid - he realises that crashing the bond markets will ultimately crash the US Economy - politicians like to think they control the economy, but they don't - the market does - gl dyor ec.

Added at 200.3p - gla dyor etc

Added a few more this morning at 541p - gla dyor etc.

Added a few more at 74.7p a few minutes ago - sp worth more than this based on fundemental's WITHOUT the takeover imo - gla dyor etc

Morning carrington. Brave purchase, who knows when this war will subside / End. - Pete - US T bonds up 0.5pct this morning - if Trump goes ahead with the strikes then the US bond market will go higher, a lot higher, so basically he will bring down the US economy as the accrued debt will become unaffordable - can't see it happening personally but lets see - gla dyor etc.

Added a few for the divi at 595p - gla dyor etc.

Added at 202.3p - gla dyor etc.

Added a few at 54.6p - gla dyor etc.

Added a few this morning at 325.6p - gla dyor etc.

Added a few this morning at 206p - gla dyor etc.

So Trump may now "wind down" the war - that is codeword for you guys in Europe need to put your warships into the SOH and get some of your guys killed as I don't want any US troops injured or dead, as that would impact my chances in the mid term elections - ffs America is now fast becoming the enemy not the ally - gla dyor etc