Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Next psychological level is 30p.. once we break that it may take a bit of a breather...
No I didn’t say direction dictates your trading strategy but what I do say is, follow the big money and you would do well with investing. There is a reason why the 1% of people in the world controls huge portion of total wealth. Rich wouldn’t want others to get rich/Er, Credit Suisse is prime example. On one hand they reduce the target and on the other they load up on cheap shares.
They (Rich n powerful S) keep the wealth to themselves and grow from it. You would do well with your investment if you follow the Big money.
Basics of life, I guess.
Lol, re being worst analyst in history, I guess we let me bank balance dictate that one.
With regards to the dead horse, If you take emotions out of investment, what looked like a dead horse few weeks ago now has a better return potential so as a “worst analyst” it’s only right to call your shots when the time is right to invest back in.
Comon, take emotions out of investment. You would be seen as a “worst analyst” for sure but it certainly would not do any harm to your portfolio and return.
AA is a 100+ year old company and they are on track for turnaround. Yes the debt pile is huge but they also make close to a $1b in revenue so they have huge room for growth upward rather than downward, specially as BOJO has advocated usage of own cars rather than Public transport in current climate. This would help the company increase or at the very least maintain close to similar revenue level (give or take) as last year so all is not bad with this company.
And that story hasn't been factored in current share price. So there is certainly room for real growth in this SP. Be careful though as current level its easy to manipulate the share as well for big players so dont get burn out in trading. IMO, hodl and one should see a good return on this one over next 6 months.
JPM increased by massive 6.92% in AA through SWAP instrument. This may have something to do with today;s rally as well along with Parvus stopping their sale. This clearly shows confidence in company's ability to get the cash in this difficult time and more importantly, it shows confidence that A list bank still has confidence in the company's financial health.
Isn't this a concern actually as they have dumped so many shares in the market and resulting situation is that there are more shares in market than buyers so should apply a downward pressure?
Fair point, You are right. Its anyone's guess as to when They will stop selling and they know that after dumping so much and impacting the price so negatively, the price is bound to recover somewhat. So the strategy may well be that they would sell half at different price points and then let it bounce back before giving another shock with remainder to be sold. Like i said its anyone's guess. May be its also a right time for Retail investors to delevarage and balance their portfolio by selling % of AA with reducing risk but also risking future gains. Its down to individual's risk appetite i guess.
even if parvus sold till 22nd, it shouldn't impact the price today unless they are also selling today. Which doesn't seem to be the case with the price action this morning. Lets hope we continue legging up and secure 25 as a psychological hurdle first.
If parvus is dumping for past couple of days, and we are held at the level that we area, that’s a good sign as their selling isn’t causing as much of a downward pressure on SP.
Seems like the trend is still up as the finish chart indicates.
Not sure whether to buy some more to average down on purchase price.
They probably are but institutional investors have to pay dividend/income to themselves or investors as well so it’s not always about profit or capital gain.
It’s a balancing act and if it was a concern AA board would step in to convince their investors (institutional) specially to not dump their holdings at once in market.
As Parvus has reduced their stake this week, Albert bridge capital upped their stake from 12% approx to 15.23% in early April.
It seems fine as it balances it out for the month. As long as Parvus don’t offload more, which I suspect they would not, we should be fine from here on.. granted there would be few dips here n there but the worst may just be over.
Only time will tell though. Not a trading advice.
We have all done this and I got caught out with this one, again this time.. but who was to know that institutional investor would be selling??
Anyways, leave it for a while and you will be fine
Confirms why the drop..
These guys have been brutal in reducing their stake from 24% to 19%. This seems okay as they may have done this to pay dividend to themselves which is understandable or they may even be working to reduce exposure.
Provided they don’t sell any more we should start heading up with some good news coming out of company. And they did say that they will provide separate update re current situation.
Not necessarily.. why do you say rights issue?
What concerns me here is this.
Today FTSE is up strongly and all other shares are up in tandem. And AA is slightly below yesterday’s closing value. What would happen when FTSE goes down next week? Do we see it go further down real down next week?!!!!!
Yesterday I mentioned that we may have hit bottom at .1730 (no expert). Thus far is holding well above that, so here’s hoping that it actually was the bottom. Let’s see how this plays out over next 2 days or so.
With some economics around the world slightly easing next 2 week, we may actually se bump up in whole market and may help this boost with hydrolix attached at the back with over 5000bhp.
Now that would be awesome..
This share is beyond belief.. the whole market pumps and this **** goes down
And the decline begins for A*****A
Yes although they have multiple income stream as per their rns. Additionally you also have a choice to pay monthly so this hopefully shouldn’t impact much and jobs will likely increase as markets reopens, eventually