Member Info for difranco

Will be a rudderless ship until all the grown ups are back on Monday 6th January. A slow drift to sub 500 is possible. The entire sector is getting twitchy. Hyper inflation in the material sector is the main drag.

Santa’s rally just hasn’t materialised. 600 was achievable by year end, however, after yesterday’s US market rout 550 is more likely. After close tomorrow the markets will most likely stagnate until the first full trading week of 2025.

IMHO those who bought in over the last 18 months for say sub 75 will go with Big Mike and those who are nursing heavier losses will go with the Kamani Clan. How much you paid really does come into account when making a judgement call. I'm at an average of 38.99 so will give Big Mike a punt.

Moons 14.58% drop today is reminiscent of CARD’s drop on their results day. Will be interesting to see how they perform for the rest of the week.

There is certainly a barrier to breaching 600. It was a shoe in after Trumps election win but now we’ll be lucky to see it by year end. SMR UK announcement or another large contract is definitely needed to break through this barrier. If not, 500 will be tested before 600.

Visited Haywards Heath store last week for some Christmas cards. Shocked at the cost of non-offer cards. Large single cards of average quality with flimsy envelopes for £1.99, Great news for shareholders as most customers seemed oblivious to the increases from this time last year. Should be a bumper quarter helping the share price get back to 140+.

Ii voting card received and dealt with. Anyone with a sub 40 entry point MA is a no brainer.

The loss to earning ratio is dire. This is going the way of Superdry. I’m a holder of both who will not be topping up in BOO until a grown up enters the room. If our government stands up to Temu and Shein then the UK textile market will be a more profitable place.

Looks like MKS will drift lower with the odd spike ahead of the Christmas trading update. 320 not an unrealistic entry point considering the headwinds from all directions. NI and wage inflation will not help their case. You can only pass on so much to the customer before they realise they are being taken for a ride.

Missed out on selling CARD last month as limit order was set too high a 150. Touched 142 but now 82 on minimum wage and NI mis-calculations by the board. Fortunately my 405 sell order for MKS executed as reduced it from 420 trying to learn from the CARD debacle. Was feeling sick when it reached 415 on the same day but now feeling vindicated as now in the 370’s. Same wage constraints as CARD but significantly better business model and prospects. Tempted to get back in if 350 is visited but have a nagging feeling Reeves has started a rout in hospitality and retail. The Trump effect only lasted a day for the UK. Interest rate cuts should help but short term may they have to level off as inflation will be visiting soon. However, money to be made and lost on these swings.

Because I can and because everyone has a voice. The markets and the moneymen do not like this budget, fact. Not my budget and I'm not one of the city boys. Freedom of speech is a treasured asset. Live with it !

This is a s**t show and playing out as many suspected. Personally I wouldn't did my toes in until the knife has firmly hit the ground.

Page 99 of the official Autumn 2024 Budget report. “ 4.81 Great British Nuclear’s Small Modular Reactor competition is ongoing and has entered the negotiation phase with shortlisted vendors. Final decisions will be

taken in the spring”.

Post budget it normally takes the city a week to 10 days to fully digest the ramifications. Far too early to make a judgement. The full budget book runs to hundreds of pages. Sometimes the killer punch is found deep into the tomb.

By weeks end this could be in the 70’s. 50% of UK PLC have employees on minimum wage. Minimum wage was confirmed

to increase by 6.7% April 2025. With employers NI contributions likely to rise tomorrow this is likely to be a game changer. Not a great plan to spur growth.

If you don't sell there is no CGT liability, whatever the headline rate is. If Reeve's brings in a wealth tax similar to France, then we all need to worry as sitting on your hands is futile.

As you have stated, you took a gamble. Share ownership is for investing not gambling. Do your own research and you will become an investor. Regarding the rental market, you’re looking to get in when 90% are trying to get out. You are still in gamble mode. IMHO RR will continue to rise over the next two years but not in a linear fashion.

Wasn't the war supposed to be over in the first weekend !

Too many money men making too much money to want it over anytime soon. Trump as President is probably the best bet to get this one over the line.

"My only worry is that a private collective comes in and nabs it on the cheap for something like £1.20 and people fatigued from waiting sell it off cheaply. We'll see."

I know the feeling from DTY & HOTC. Fortunately I had an low entry point but others were well under water. Both had great potential on their own.

If we hit the 70's, that's a near 50% drop in 4 weeks. Something is not right in the potting shed. I agree with the dry powder around 78/79. Run up to the budget will see falls in most retail stocks with high employee numbers. Even then we are fast on the heel of the US election with even more uncertainty and madness. Limit order for 86 cancelled and reset for 75. Cant believe I'm typing these numbers.