Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Politics - It is called that for a reason.. It’s all politics right now. Public stunt is what’s going on with the whole news of modern slavery.
It is a fact that Leicester constituents wouldn’t want one of their large employer out of leicester. There would be some conditions levied upon boohoo etc but on the end, the business would be supported.. Particularly in the current economic situation.. if this happened in Boom days, there may have been tougher actions but in current situation no government would be silly to kill one of the most thriving business which is bringing lot of jobs in their market.
Boohoo would bounce back once dust is settled. By end of the year this may actually be thing of the past. The only thing that may put pressure on SP is if they have rising cost due to increased wages. Other than that, it should be fine.
Just have balls of steel and hold.. not an advise just my opinion.
The opportunity this week reminds me of crypto market.. it was and still is a great opportunity to pick some cheap ones..
Bust and boom straight back.. You need balls of steel in these markets and it pays off as long as you back strong horse like Boohoo.. despite sicknesss along the way, the horse recovers fast and Leaps even higher
So classic fund dumped almost 4.08% of holding on 1st July as per rns. No wonder why sp is having a yo-yo effect..
Would this SP ever increase in price? Not sure anymore
Why Deemule? My statement was in favor of AA.. You know what i said is true, (if you are a real investor that is).
There is undoubtedly a massive up side potential but the fracking debt.. Terms of debt would be telling where the SP goes. Someone made a point yesterday that lenders have to renew the debt or they stand to lose huge, which i actually agree with but on what terms. Don't forget current market conditions are fragile so higher rate restructure of debt would be bad for the SP initially, although if board delivers resiliant performance as they have in past trading year, then this is going to the moonnnnn baby..
As stated yesterday, it’s bull trap.. the share is being manipulated to the tea.. PMO was in exact same position 3/4 years back where fundamentals were good for the company but MMs and shifters had fun time playing the wild swings.. then it settled down at one stage and took bull by its horns only to jump almost 180% before settling down at 100% gain, approx... (common theme was debt, which was nearing restructuring in just over a year), as is the case with AA..
This is a bull trap.. Watch it sink further in coming days... Don't be fooled by 8-9% gain in one day. Debt situation hasn't changed, neither has any fundamentals. So volatility with AA would be extremely high until there is clear sight of future roadmap. GL to all holders on a much needed green day for AA.
PATTSV
Granted that they had debt since 5 years. Look at what the share price has done over 5 years.. We generally say in investment world that history is good checking point for what the future may hold (Although its not guaranteed always) as company may have another catalyst that changes the direction of its fate.
The reason for worry now is because of 2 reasons in particular...
1) Debt maturity is soooo close and they don;t have much room to move when re-negotiating debt..
2) If re-negotiation doesn't move in right direction then SP doesn't have much room to fall before it becomes worthless.
Not trying to spread FUD here as i have said in my post that this could flip either way but currently risk is extremely high.. being devil's advocate.
Hey thanks, don’t blame you for your educated choice of words. Although, I do feel bad about your ‘emotional’ attachment with AA, money is not made with emotional attachment alone, you need to be pragmatic and balance emotional and intellectual intelligence to start making some return.
Anyhow, whichever path you choose i wish you good luck.. BTW, I wouldn’t be surprised if AA tested 10-15pence soon enough...
lol, I guess time will tell. But this is one helll of a sinking ship.. You just need to look at the price of AA and other insurers in comparison. U just hope that their digital transformative tools on the roadmap for this year has started to bear some fruit. As they either need to sell asset or find ways to improve margins or find other growth avenue arm of business (which would require capital), and we all know AA doesn’t have any fire power left to get more funding (ATM)..
This is headed for sub 20
Thanks, sorry to be a downer.. But there is an opportunity cost to stay on AA which is not for me.. may jump back in, if it heads north on the back of firm news..
It’s time to hang the towel.. after going through number of winning and losing bets over the years in stock market, I have now come to decision that ‘AA is one of those losing battle’ despite a sound business there is real concern around level of debt.. and it could flip either way.. They don’t have much leverage left when negotiating debt. it is a real threat and could wipe out shareholders.. So as interesting as the gain may be if things go well with debt restructuring, it’s far too much risk right now to hold.. IMO - not an advise.
Bookings for what!