Member Info for Gerry65

Cash refund / voucher / switch to a 2021 future hol.

I guess.

G

This evening's RNS, pretty much follows on from the 26th Feb 2020 RNS, and shouldn't be too much of a surprise to investors.

TruthFactory has had many a debate with many posters on this bb, on this subject.

indeed he took quite a lot of flack, did he not ?

As a holder of STOB shares, i have a vested interest here, as we have a £50m bond secured by our ESL holding.

gla

G

Sorted out the June hol ok.

Will wait till early June to chat it through with them for the Sept hol.

If at that time Morocco is still concerned about Brits, flying in then i'd guess, the Foreign Office website will be similar to as it reads now.

That will leave the problem with TUI, if on final payment day, in early June, flights to Morocco airports are not on the table then, TUI will not be able to demonstrate it can fulfil its end of the deal.

Should be another fun chat lol.

G

Had another Holiday booked for this coming June on the 18th, when it came to paying the balance in March, we organised switching the holiday to 2021. Moving the deposit to the new replacement holiday. hopefully things may have improved by June 2021, if not I'll be in for more interesting discussions with TUI.

G

I have a holiday booked to Morocco, in Sept, paid the deposit last Nov. Am due to pay the balance in early June.

Unlikely to do so, am unlikely to want to travel atm. Should be an interesting discussion with TUI.

Atm I believe Morocco banned all flights in and out of the UK back in March. Not sure where they stand on letting Brits travel to their shores presently. Think many overseas countries think our Govt has mucked up royally on its Covid 19 plans and actions.

G

Agree Volcano US markets are pushing the ticket today yet again. FTSE chugging along at 1.20% up today too.

There's no point fighting the market - even though I feel there is a disconnect between markets and what is actually happening out there.

Take the trades when they are offered, but get back to cash is how I'm playing it.

I may be wrong but the market will have many quarterly trading reports to digest over the next say 6 - 9 months, many will be a "tough chew". Much depends on how and when unlocking measures are progressed around the world, and whether there are 2nd and 3rd waves of the virus to impact on businesses.

Though a lot of companies are topping up on cheap debt to buy time, it still needs to be repaid over coming years, and at the very least could have an impact on dividends for some companies for some time.

I can still see the FTSE retreating back down to the 5000 level during the summer / autumn.

I guess I'm a - hope for the best but plan for the worst kind of guy - I think lol

Lets see how unlocks and spikes pan out over the coming weeks. Trumpy Pumpy must be worried about today's jobless claims think they are now up over 33 M since the beginning of March.

Depending on what Boris offers Sunday evening - we could have a positive start to next weeks trading.

It great fun trading atm

gla

G

You are right Moni - there will be winners and losers within the airline sector, and many carriers could go lower, on almost all the airline bb's there are posters, trying to stick the boot in lol - RYA has got "Dougie", there are a couple on EZJ and DTG, TUI has its detractors and IAG now also has a load of negative posters.

There are several sectors where its difficult to make a case for long term buys atm, Airlines and Retail are two that spring to mind. Though there are several others.

That said with STOB at these levels you only need a 3/ 5p interday swing to make 6 - 10%, especially with the lack of tax on buys here. It's Annuals are out later this month - I'd be hoping for more buying opportunities when they are published.

I am also making money in the Retail Sector, on day trades with TPT and MKS ( both fall in the beaten up category ) but buying on the dips and trading on risk on days seems to work well.

I still expect a second dip in markets this summer, so atm its all about day trading for me, whilst keeping an eye out for quality shares at bargain prices, to lock away for the longer term.

The guys and girls I feel for are those that were "all in the market" earlier in the year with no cash funds to day trade or bargain hunt.

gla

G

Yep Volcano - am self isolating, did an hour on the exercise bike in my garage this morning, then cut the grass, am now chilling in front of my lap top, looking at my list of potential buys, the more riskier the Co. the bigger the moves up and down are.

Congrats on your 60th birthday last week, you sneaked into the 1960's then - I was a 1950's baby, born in Nov 1959.

I see AZN is on another move up together with HIK. I'm holding GSK .

EMG is off and running again, LGEN a bit static, is AV. really sub 2.30 again, am getting tempted at that level.

Looks like GDR is one of today's buys in biotech.

US airlines are taking a beating following Buffett's ( I'm off - good luck all move ). EZJ & DGT hurting with RYA and IAG also suffering today.

I'm looking at GFS / CPI / PZC - each have taken hits over the last three trading days, and are marmite shares, if they bounce on a risk on day it should be fairly decent.

So many ways to play this market. Are you looking at oil and metals for opportunities to day trade ?

G

Hi Volcano, agree it would have been a good morning to sell out of SNG if 70p was available, this morning. I expect a few buyer's may have got spiked early doors today, on the BBC media coverage, of the trial. ( thought that was old news ).

I feel that as numbers entering hospitals reduce so will SNG, may be wrong.

Am focusing more on testing Co's atm, based purely on potential numbers.

1000's in hospitals but millions requiring tests, possibly daily until a vacine is found and provided worldwide.

Just basing my views on volumes of products that may be required. Very fast moving area atm, with many switching and swapping bb's. Barely enough time to read all rns each morning between 7 - 8 am.

Interesting times.

gla

G

Tav - agree sometimes there appears to be little rhyme or reason to these daily market swings.

Seems many fund managers were very much caught out just like pi's by the big drop to the 23rd March.

The recent rise, since then, will have provided many with an opportunity to reposition.

The first fall whilst deep effected all shares, even those Co's with strong balance sheets, and strong market positions.

i suspect, future drops will hit Co's in weaker financial situations more harshly, whilst the SP's for quality Co's should hold up better.

Conversely, beaten up shares, may provide quicker and bigger "day trade" opportunities, on blue days.

Got to have eyes in the back of your head atm.

G

Hi Volcano - I have a long term hold in GSK, and have a target price for adding. I've traded HIK in the past, but wasn't in for the latest run up, you can't be everywhere, lol. I've not held or traded AZN, purely because, i've been used to the trading ranges for GSK, over the years, AZN is a quality Co. and a strong long termer.

Not sure where to begin with Biotech aim's. Initially i traded NCYT 3 times but its sp got away from me and I've left it alone since. I've traded SNG twice, and SAR once. I also traded BVC, twice very much following you into that one.

I've not traded ODX and HEMO, but keep a track on there sp movements and rns, as traders are jumping from one share to another, as news lands. I've been in and out of AVCT 5 times now, and its my go to aim share at the moment. i don't mind being out over the weekend, even though news is due, if it lands i'll jump back in even if i miss a few % here and there.

I'd much rather day trade these, and read posts from some who say got in early, and are holding for gold. That's their choice and good luck to them. Surely its safer to top slice at the very least and bank profits. Take NCYT, for example, anyone who got in early at sub 10p must surely have banked some profits along the way, if they haven't they are very brave or perhaps foolhardy, but time will tell.

After a couple of risk off days, quality bargains are beginning to reappear, i'd be very happy, with 2/3 days of further falls next week, taking the FTSE down to the 5300- 5500 range again. But I wonder whether that will come to pass. It's a real tug of war between the bulls and bears atm.

Looking at STOB, today's fall will represent a bargain buy for some, but leave others nervous.

Gla

G

Volcano - being 60 - and with self isolation all days seem the same, particularly without any sport to watch.

These crazy times are brilliant for day trading, and though I've been in and out of a number of aim biotech co's, I'm mindful to take profits, easy to get caught in one of these if other news pops up from another share or country or Govt. concerning treatments for the virus.

In truth there is much money to be made trading quality FTSE 100 and FTSE 250 shares, I particularly like trading shares, where I would be comfortable holding them in a portfolio for the longer term too.

Got a number on my daily watchlist which are moving up and down between trading ranges, just a case of trading on the blue days, and hunkering down on the red days, lol.

gla

G

TG - thx for that - cheers.

G

Markets are taking back recent rises over the last couple of days.

I still believe it was worth reassessing ones long term portfolio, at the March 23rd level. I was comfortable with most of my long term holds at those low levels, though with a number of weaker shares i have taken the recent run up from the FTSE 5000 low level to recent highs to trade out of some positions.

It's noticeable that those shares jumping up by 5 - 10 % a day have over the last two days taken back 5 - 10 % a day, whilst other perhaps safer shares have only taken back 0.5 - 1 %.

I'll continue day trading on blue days, taking profits, but at the same time I'm looking for quality Co's where i can find long term bargains.

It really feels lime there is a disconnect between the reality of the effect of the virus on world economies and company revenue and balance sheets, and present daily market valuations.

As we move through The late spring and summer Co's will be issuing their trading statements, many will make quite uncomfortable reading.

I'm moving with the market, no point in fighting it, i'll take trading opportunities when they present themselves, whilst ensuring i'm back to cash with my trading pot asap.

Today's close will provide a long bank holiday weekend to recap and reassess.

gla

G

Been playing with virus bio stocks on aim - and missed this rns when it popped up this morning.

Quite a read, anybody want to have a stab at the pros and cons.

I'm on the fence atm lol

gla

G

https://www.stobartgroup.co.uk/divisions/energy/

worth another watch me thinks.

G

TF - I'm watching RYA and IAG, think there is time yet before a buy trade, still much to play out with covid19.

This market is a proper yoyo lol.

Still fancy gold shares, will looking at LGEN on the ex div tomorrow. Looking at sge / pay / gfs / smds, for dips this week.

In truth there are so many chioces.

Gla

G

Will be looking for trade tomorrow early doors, hoping it will drop by the value of the div.

Lets see.

gla

G

June WTI futures are closer to $22 - still quite a challenge for producers though.

G

Sorry looked again now $2.76 a barrel.

G