Member Info for fatprofits

£8., well never say never and we could face more lockdowns.

I bought a very small amount today, just for transparency.

Is the buying range I'm looking for.

That's is Not a share price prediction, just my own buy area,
which may not be seen. Always best to DYOR.

More equity dilution to come?.

Yes, however virologists had a head start through work on SARS.

Current vaccine efforts are not from scratch, not from my understanding at least.

They were effectively told to pass the dividend voluntarily or the
decision would be made for them. FT did a detailed write up on this.

Investing in a UK bank comes with heavy regulatory and governmental risk.

Afraid there is no getting away from that.

That's from Paul Tudor Jones, perhaps the best trader of his generation
and one of the best of all time.

* GRG never got to that point.

There are similarities between the JDW and GRG model, efficient outlets, cheap and
cheerful, but requiring high volume.

There is one significant difference re their respective share prices,
JDW arguably was cheap during the March plunge lows, GRG never got go that point, imv.

As mentioned yesterday, may be looking at the 2019
share price and assuming GRG is now a bargain.

2019 was a cycle top price imv.
The company had oodles of net cash, employment was high,
there was no recession, let alone COVID and social distancing (yes this wont last forever).

So the upshot is, GRG is arguably still not particularly cheap.

One of the analysts mentioned yesterday it may be 2024 before
GRG sees 2019 profitability levels again.

Autumn/winter looks messy with COVID cases likely rising rapidly.

Would hope that in 12 months time vaccine options will be available.

Share prices usually trough while fundamentals continue to worsen,
at least that's my experience.

I'm sorry but that is cr*p imv.

Firstly, they've paid special dividends over the years, rather than buy backs.

Secondly, they are now in debt, the cashhpile has gone.

EURO 3 billion, ok thanks.

And of that, many I'm guessing will accept vouchers, rather than cash

I'm only raising this point as its repeatedly mentioned here.

Are RYA sitting on?.

Can anyone give a rough approximation?, thanks in advance.

Thought the update, given the backdrop, was very strong.

Sliced right through like soft butter?.

Any views here appreciated, must be some of you guys still holding Fullers!!.

A second coronavirus wave may have begun.

Have UK new daily infection numbers already hit the summer low?.

This may be kryptonite for NEX if we experience a second wave IMV, however it is also toxic for multiple other UK listed stocks.

Makes any difference to the SP.

There are 10's of millions of £ worth of shares traded on many days.

Institutional investors and hedge funds drive the price and they dont read these boards,
let alone take any notice of views posted.

You can't ramp or de-ramp an MCX constituent.

The share price went over 2.70 from below 70 pence,
there was ample time to get out for anyone who employed a stop loss.

As mentioned earlier this week, might be careful adding lower given volatility.

It would arguably be highly investable on current metrics
(Provided Lloyds does not need to issue more shares to raise extra capital).

The issue is this is the UK, with a very different regulatory and governmental attitude
to banks.

Rather than delighting in a highly profitable bank, as the Americans do,
in the UK banks are treated very differently.

And does anyone have doubts that these 100% government backed loans will remain 100%
government backed loans?.

When delinquency rates on these start to soar, will UK banks be accused of Not
doing adequate due diligence and be on the hook for some liability?.

And for anyone who thinks that just cant happen, that sound you hear, is me laughing.

Again in the US that just would not happen. All IMV Only as always, please DYOR etc.

Price fall, the SP now needs to Double to get back to the early Feb level.

N/m