Member Info for fatprofits

You also said you were not going to post here again!. Obvs you're to post wherever you want.

I'm surprised a post was removed, it may be depends how you framed your price target.

If someone posts the same message repeatedly then unsurprisingly posts may be removed.

A post would not be removed for no reason, regardless of someone complaining.

I've seen very little unbridled optimism here and for anyone long with a stop loss,
they would have been out probably around the 2.50 type area.

Directors appear to have subscribed for a modest amount in the placing?.

What some may be underestimating is what is unfolding with COVID in the US,
an important market for NEX.

This has fueled wider fears about a second wave in Europe come autumn/winter.

So if looking for reasons why the SP has rapidly retraced, COVID fears may be the first port of call.

The answer to that question appears to be yes.

That is a chunky share sale.

N/m

N/m

23 pence is my target on Lloyds fwiw. Leaving on WTO is not priced in to
the Lloyds share price - all very much a case of IMV only, DYOR etc.

The Lloyds SP hit a high of £9.76 in 1999, EPS peaked at 46.2 pence a share.
Their 12 month EPS was far higher than the current share price!, remarkable!.

At the time Lloyds only had 5.5 billion shares in issue, I use the term only
as there are now not far short of 72 billion shares in issue.
The damage done by the huge share issuance during the financial crisis.

£5.91 per share was the Lloyds 2007 SP high, pre financial crisis.

Moving along to 2015 when Lloyds touched 90 pence a share, it's been a slow,
but steady decline since.

If you want a laugh(or cry) look at the 20 year return on LLOY v ULVR.

Outperformance in % terms on wider equity market strength
underperforming in % terms on down days.

This pattern will end at some point obvs.

N/m.

N/m

No one should be longing for a second a wave, for starters you or a family member/
loved one may not survive it.

My partner works in residential care, 12 people have died in just two months in the nursing home.
Two members of staff, including the wife of one of those, has been hospitalised.

I've sold 20% of NEX today, for most people buy and hold is far easier than attempting to
second guess the SP.

Would agree, I've mentioned that as perhaps the most significant short term risk.

However, that applies to multiple sectors. And we don't know if it will happen.
It also depends on the degree of any subsequent waves.

This discussion is circular, the share price is where it is.

The market sets the price daily and any views of PI's, unless dealing in millions
of shares, are immaterial.

Continuing the recent trend- outperforming on UKX strength, underperforming on weaker days.

South Korea have reportedly closed schools again on an increase in infections.

Whether there is a significant second wave is a major factor in wider equity market direction.

So you've said repeatedly like some broken record.

If you were that clever you could have bought on the last dip under £1.80.

£1.50 a share is feasible on a second significant COVID wave or wider equity market weakness,
either or both of which may, or may not happen.

As the saying goes, price is truth and the rest is just noise. Besides eventual death, None of us known the exact future.

It has outperformed on risk on days of late and the reverse also applies.

While £1.50 is not completely out of the question,
to get near that level again may require wider equity market weakness, imv only.

I've set out the main potential downsides (IMV only)- a significant COVID second wave, wider renewed equity market weakness and a protracted recession.

To be fair the above applies to a major part of the stockmarket.

US markets are at a pivotal point atm, if this is a bear market rally,
then US markets have to turn down from about today's levels imo.

Lolssssssss

Longer term, all those extra shares in issue sloshing around.

That has longer term knock on effects for dividends etc?.

No one is clicking a Buy rec, let alone a strong Buy recommendation.

Fact is you could have bought at £ 1.75 on Thurday and sold over £2 before Fridays close.
Were you clever enough to do that?.

You can't ramp a £1 billion plus market cap company and with respect you may be showing
ignorance of how LSE stocks trade if you consider any posting or view expressed here makes
any difference to the price - unless posters are dealing in the millions, which I would doubt.

The main potential downside here is this pandemic could still be in an early stage,
the flipside is the virus could just burn itself out - I would think the former is more likely than the later.

Making definite statements such as...NSE will trade at xyz price just looks juvenile as well
as a tad desperate imv - that applies to upside price targets as well as downside.