Member Info for Carrington

Long term Gio - I don't trade, I invest and add - OCDO was at around 460p in October so is UP since then - adding and averaging is not a problem if you are here for the long term which I am - being marked down on macro atm along with most other UK stocks - MKS is the same, crappy UK retail sales today but MKS gets marked down on the overall take on the macro even though it had very good results and gained market share only a few days ago - same thing going on here.

gl dyor etc

I would expect this to go down today along with everything else on those inflation numbers - ffs

gla dyor etc

I added here this morning and will continue to add on any weakness - my add decision was confirmed when Valueplay cast doubt about the figures today in yesterdays post -

gla dyor etc

Apologies there guys - hit the bloody post twice

MCG are selling their American business when the American economy is turning the corner - interest rate cuts are coming down the pipe and inflation is falling - Cosmens know this and it is an opportunity to cash in on future growth for a knock down price - they have already secured some of the company for peanuts so whatever the agreed takeover price is it will be less for them overall when averaged down - follow the money

gl dyor etc

MCG are selling their American business when the American economy is turning the corner - interest rate cuts are coming down the pipe and inflation is falling - Cosmens know this and it is an opportunity to cash in on future growth for a knock down price - they have already secured some of the company for peanuts so whatever the agreed takeover price is it will be less for them overall when averaged down - follow the money

gl dyor etc

Today's drop a read through from Delta Airlines results today - sentiment driven and of little concern to Easyjet imo, just a buying opportunity which I took advantage of earlier to add to my holding which is now around 6pct of my overall portfolio -dyor etc gl and good weekend to all

JJ - the highlight of the results for me was that MKS are taking market share in Women's clothes, so long their nemesis - they can be tarnished with the dowdy frumpy image no more - FACT - this I think will play out going forward -clothing momentum now with MKS -that is a wonderful and powerful thing - rebound here next week imho.

dyor etc and good weekend all

Added at 498p -

gla dyor etc

Basically what is happening is the Dow is messing its pants because interest rates will not fall as soon as predicted - that is why the FTSE is being hammered - the FTSE is the Dows B!itch

gla dyor etc

Added at 60.5p

gla dyor etc

Being hammered right now - when you state things like "uncertainty in terms of economic growth, and consumer and geopolitical risks" - you are setting yourself up for a fall, international sales not helped - I will look to add if it falls much further, down 5pct atm

gla dyor etc

Back in here with a small tranche having sold out a few months ago - will add if it falls further

gla dyor etc

Overpriced or underpriced that is the question? - regardless of what the market may think or say - talk is cheap - The Cosmens are putting skin in the game which says it is underpriced - follow the money

gla dyor etc

It is interesting XXXA - I have been monitoring the share price closely this morning and MCG opened down along with the rest of the market - went to minus 1.6p then reversed quickly to be trading up 0.2p as I am typing - someone is clearly adding here on ANY weakness - accumulating as it were - agree in terms of selling - I would not like to be short on this stock right now.

gla dyor etc

Sainsburys sales declined over the Christmas period and their share is down 3pct atm - probably a read through from that in terms of MKS currently down today - my read through is that their market share of sales declined because MKS took their share along with many other supermarkets - looking at the sale items left on the shelves in terms of clothing I am pretty confident for tomorrow - lets see

gla dyor etc

Apologies guys looking at the wrong bloody ticker there! - getting a little carried away -yes low vol this morning - hopefully some buying this afternoon - that seems to be the trend of late - lets see

gla dyor etc

Huge buys just gone through for MCG - Follow themoney

gla dyor etc

MCG Mcap is currently at 533m which is quite simply ludicrous in a market where oil is tanking and interest rates/inflation are falling - the chicken is in the hen house and the foxes are prowling - the Cosmens know it and I am pretty sure there are plenty of others sniffing around - looking at past trading figures with MCG where debt has been similar to what it is now but the economic scenario has been better the mcap was way way more than 533m - any takeover bid will have to be pitched at a price to factor in current/future economic conditions which are favourable right now - standard takeovers usually offer around a 35pct premium which would put MCG at around 116p - if there is more than 1 fox on the prowl this goes out of the window - personally I am looking to triple bag here at around 170p

gla dyor etc

The results will need to be spectacular on Thursday to keep this run going - Mrs C is in Bluewater atm - I asked her to pick me up a couple of jumpers for me in the Men's sale - she has just called me to say there is only 1 rack of clothes in menswear left in the sale! - 1 rack!!! - it is looking good boys and girls - fingers crossed for Thursday

gla dyor etc