The Oscillators are looking bearish, and this is still in a downward trend as I last mentioned in a November.
Utilities, Financials and consumer staples have unperformed the broader market, and still stick to my guns that your better waiting for below 4000p when we get the March correction of 10% or thereabouts.
I’m LONG ULVR (10yrs maybe we will be triple digits) £100? My latest investments of GILD, APPLE & SPG doing well.
Biggest concern has been and current is the dividend payout ratio. It’s not been covered by earnings after everything else. But as they cut the dividend last year it’s helped, we just have see a continued improvement in EPS.
I bought 1370 at £13.61 2yrs ago, but thinking of offloading today before ex-doc tomorrow and buying SPG. Simon Property Group. Gain from $ weakness and also takes away Brexit pressure.
For the next move higher, I’d wait for 4159p. If it goes lower, or when it goes lower after that, free fall will occur. JPM is right to be a neutral, Barclays has a large upside as they’re looking to push UK stocks up. I’d look more at longer term growth and not what’s round the corner here. Markets have no fundamentals; last week Airbnb listed and on first day had a value larger than Marriott hotels, Hilton, Booking.com. The funny part. Airbnb have NO assets. This market has been ruined by Robinhood in my view, not one to get serious about...
Hi, I’m a long term holder of Unilever stock since 2001, and have been buying more over last 2yrs.
Looking at the trend, I can see this going lower to 3400-3600p by next year not up.
My reasons are not just based on euro movement, but economic movement of goods and tariffs making products more expensive and could push people away from the Unilever brands for more of the supermarket own brands produced in UK.
RE: Why do you think the SP jumped05 Aug 2020 17:58
The Oracle could be propelling around, as BP have lost there way in last 12months. To increase a dividend say they were preserving cash and to say there now distancing themselves from crude is very weird from an oil company like BP
We’re already in recession and if the growths continues like it has of late the recession will be short lived. You need to be looking at tech drivers. UK stockmarket is also underperforming the broader markets. ULVR is a defensive play, spit will underperform when the serious rally begins.