Member Info for driftking27

looking at opinions of both GS & UBS, both different by a big margin, but is that cause GS is American and the US being hit by baby formulae shortage more than Europe?

https://m.marketscreener.com/quote/stock/RECKITT-BENCKISER-GROUP-P-9590106/

Let it continue!! This and Pharmas are good places to stash during downturns. i bought 200 2weeks ago.
Whats everyone’s weighting with this stock? At the minute i stand at around 5%

Looking at rebounds, i have seen evidence there could be such a rebound in coming weeks ahead.
Looks similar to 2018, but then again this year is like no other year we’ve had.
But watch and might see some possitive light happening…

GLA

The views i made on AZN have now been made by brokers. It’s a stock jumping around on the covid vaccine success. Take it away, it’s still a developing company.

The bottom has a lot of depth. just hold your horses for a few weeks.
The VIX ( fear gauge )actually dropped today, weird if you ask me.
The VIX has to actually spike to see a bottom in this market. A market that has lost all meaning ..

GLA.

Happy Fridays everyone.

Some positive news to hide the red numbers today.

In Australian dollar terms, Commsec ( broker ) numbers suggest a dividend of $4.53 per share could be paid in FY22. That translates into a potential grossed-up dividend yield of 14.2%

Kept to my word, but 238 at close to end of business

RKT looks a good play too, been doing well in holding up on this turmoil

Might be worth dipping toes in for couple hundred more this afternoon. still sitting at 8-10% weighting on my portfolio.

what is everyone’s biggest holding in last year -10yrs?

Mine is OXY, MYI and Mastercard

I see DowJ fut ARE due a dip of 600pts at point of writing this.

gla

Its a shame you had to make these valuable points clear to people, but also like to add they hike / juice up target prices so clients buy in to the stock and gives confidence to them too, so they earn commission .. lol
That is there job u ken lol
But best tip i can give is invest 1/3 of your total outlay here and top up if it drops by 20% be it next month, December or next June.
This way you average down and left with a big red mark.. haha

I’m not so sure this rise will continue, though it’s 30days or so before ex dividend date.

I’m still sitting on sidelines to buy another 200 since it’s fallen 14% in last month..

hey all,

this might be pretty simple to explain, but i just saw a headline that the Windfall tax from oilies to government will only send energy bills higher?

This was comment of BP CEO

sorry, got to disagree with your comments.
These are not like the words of Wisdom
one would be shouting about a 10% dividend stock in general. More so when the world is going through extremely tough times.

Weren’t we all made aware if all sticks trading at hefty yields over 6% were .

If you ask any stock broker, these stocks trade with extreme risk, risk that could cut dividend yields, just like what happened with Shel & BP.

The 200DMA is around 4735p so this should show an uptrend around then. Not far away.
This will finish of the head & shoulders design we have formed over last 200days ( 6months)

agree 100%, i’m seeing a head & shoulders pattern too .. 4731 finishes the head shoulder patter i see. could .
On different note, but keep this in mind, We could see US feds raising rates again in July maybe by 25bps or even 50bps to bring inflation under control.

The US can handle rate rises, not sure UK can ?

P.S. I’m no doomsayer either, but truth can hurt when we talk about reality versus playing with money and wanting to make profits every year.

Only words of wisdom i have are DRIP FEED deposits in, not in one go, iv done just this since 2002/03.

3941 could be a longer term bottom, maybe. . .

i’m thinking the same, thought i know in 20yrs time it could be £50!

the trick is to drip feed in, not all in one go ;-)

i’m only 40, so we have got many years ahead to add to average down if you need to

banks at it again, GS raises AAL price from 4800p to 5100p, BUT
JPMorgan cuts BHP price target to 2,590 (2,640) pence - 'neutral'..

Sounds like this is all to do with the coal mine downgrading..

So, looking at where are, 2350p area, 27.4% drop roughly from its high. I’m tempted to buy more here rather than RIO.

8hrs 10mins until i decide. Any opinions..

I’m thinking about world contracting this yr and next yr then rebounding in 2024; or The mad hatter is brought to his knees and the oil price calms down end of year and gas supplies return to normal ( unlikely but heho anything is possible )..

Hi all,

just looking on views on why BHP is underperforming RIO M’s SP at the minute?

Though RIO has outperformed BHP over the longer view in general?
Like today RIO is up 2.4% and BHP up barely holding 0.50%.
When coal prices are rocketing too at the minute, or is the bad news that BHP will be mothballing the coal mine and regenerating area of at a cost to them of $800m.

I hold both here, not sure which one to top up?? Views.

I have been here & Rio since Dec 2008, along with 25 other global stocks since 2002, so have seen highs n lows before.

GLA

Don’t get complacent, anything is possible with this new world order we are now living.

Just tread careful and good luck.

watch where the Iron Ore price is as a gauge over time with rising rates in 2006 -2009.

I’m up an average 92%. from 3 big buys from Dec 08.

oil futures are down if you watch that stuff