Member Info for Gerry65

it'll be interesting to see how the after hours EZJ announcement is received by the market tomorrow.

G

oil is fun atm - am still in BP have been for years, was a little thoughtful back on the 18th March, find myself above my average again today.

The game of chicken between SA and the Russians, will need to be resolved.

As to Trumps recent intervention, which provided today's spike, lets hope it's built on a genuine understanding of conversations held.

Let's see what transpires over the coming days.

Clearly any new deal on supply will provide a bounce.

Be handy for a few days silence on this to allow today's rises to drift away. Then an official announcement which would provide another quick trade on any number of oilers.

G

They are - and walking straight through the US jobless numbers.

Not fully tracked which US sectors are flying today but over here its Fossil Fuel Producers and Fossil Fuels and Distribution that's driving the market. Its a very uneven spread through sectors.

https://www.lse.co.uk/share-prices/sectors/

So have US markets priced in unemployment figures, assuming the Monetary and Fiscal measures recently agreed will be sufficient ? Perhaps hope on an Oil truce is also easing concerns today.

G

Wow US initial jobless claims hit 6.6m last week - over all forecast predictions.

G

US Reports due today to cheer us up ! :

Balance of Trade (US) - 13:30:00
Continuing Claims (US) - 13:30:00
Initial Jobless Claims (US) - 13:30:00
Factory Orders (US) - 15:00

G

Hi Volcano no trading for me today. It was just too volatile though I got very close to picking up a few banking shares at the close to hold overnight for a bounce tomorrow. But in the end I decided to wait and see where the US markets close and gauge sentiment tomorrow.

So many shares down 5 - 10 %. Look like bargains but will they look so attractive tomorrow if we have another red day.

Keep dodging and weaving out there.

Gla

G

It's a little choppy out there on the markets this morning - not a single FTSE 100 share in positive territory this morning.

G

Airports prob on the Govt's to do list, but its a long list, I guess.

Volanco - theres a bit of concern floating around some of the Banking and Financial /Asset Management bb's today that forthcoming Div season is going to be decimated, may pull some shares down over coming days and provide opportunities..
G

Yep that's one of your go to buys - no stamp duty - makes sense.

Wonder where this sector will be Thur morning

MNG is due to pay out 15.77p in May ex div on the 16th April @ a sp of say 1.20p that's 13.1% - expect some volatility there.

G

Volcano - also closed out IMB. Not a great favourite sector of mine but it's been beaten up and not just over the last month or so. Looking for rns confirming cash or funds in place to ride this out. May go in again if there are future dips.

As well as trading I'm looking to re align my long term portfolio, which is over heavy in some sectors and light elsewhere. Am aiming to transfer out of the odd share down 20% in one sector for another that's 20% down where I am light lol.

G

Hi Volcano - PHNX and EMG are good to trade today and maybe tomorrow, I'm guessing you'll be out before ex div day on Thurs mate.

I went for IMB this morning on the back of that RNS.

I see STOB is holding 45p this morning.

G

https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary-chart.html?fourWayKey=GB00B03HDJ73GBGBXSSMM

G

Hi Volcano - any idea why STOB has bounced up into the mid 40's or high 40's three of the last five trading days. Let's see how it opens tomorrow. Might be worth a punt if its sitting in the 30's tomorrow afternoon at around 4.00 - 4.15.

Are you watching EMG/ PHNX / SLA / QLT - running into their ex div dates on Thurs ( my post earlier today at 14.01 - potential risers tomorrow and Weds, or value traps on Thurs ).

G

That's three days out of the last five that STOB has bumbled around then rose after the close, today finishing at 45.60 - up 5% + on the day. Has anyone any thoughts on this.

Lets see if the US markets hold after our close this time, or if they slip back in later trading as they have been doing lately.

Be good if they could hold their day highs into into their market close, maybe giving UK markets a bit boost tomorrow morning.

G

Emerald - good to see you are getting your average down - it was unfortunate timing for your buy in Feb, but that will have been the case for many pi's across many shares. March has been less than kind to pi's in shares in many sectors.

I'm down in my holding in RDI, though not posting about it as there is little point, though as RDI is probably a landlord for a number of HFD stores, then if HFD gets back to your Feb buy in price, then it wont be a bad thing for RDI.

You'll get a yr end report in May, to consider, though it will be backwards facing.

I agree HFD, are involved in many aspects of the Motor trade, and sell and maintain bikes.

I can only speak for my market town - circa 20,000 on the electoral roll. The streets are deadly quiet, very few cars or bikes are out there, buses are running empty. Our High Street is dead. We have a HFD store 8 miles away, though I have no knowledge of its footfall business.

It seems at least where I live that people are either furloughed, or working from home. Lets see how things pregress as we move into April.

Hopefully with a late surge northwards today HFD will return above your 77p trade, then onwards and upwards from there, towards your average.

G

Sorry Emerald - meant to shorten your Nickname to EC not EM !

G

No need to get stressy EM, - just pointing out the position today, as a possible explanation for today's fall in the HFD sp - looks like its down circa 10% today is it not.

Yes up from it low of 49.58, so still not a bad profit for those that bought in to benefit from last week's bounce.

However as you were pleasant enough to swear in "capitals" in your reply post, I'll ask you when you think HFD will reach your buy in price of 155.20 ? Which was the HFD sp when you posted on the 20th Feb the following :-

EM post 20th Feb :
" have some of these shares now.
I bought one of their electric bikes and it's just brilliant.
Also they sell electric scooters and they seem to be "flying off the shelves" too.
I believe sales of electric bikes and scooters are set to ROCKET and Halfords are in the perfect position to benefit.
All IMHO".

G

As we await any further news, on STOB, either by way of any update to the RNS dated 17th March, broader Sector news ( EZJ confirmation RNS today excepted ), like many I guess I'm looking at other sectors for opportunities.

Volcano You've mentioned you have been in and out of EMG and PHNX recently, I've dabbled in AV. and LGEN, and today I've made just a few quid on QLT ( only enough to pay a months council tax ) lol.

However we are moving into Dividend season with 4 going ex div this week on Thurs 2nd.
EMG / PHNX / SLA / QLT. three offering around 3.5% - 3.9%, with SLA offering around 6%, though these figures were based on Friday close sp values. All div payments are due in mid May.

Today has seen more volatility - normally you could anticipate a share rising into EX Div - say Wed 1st, then fall back on Thur 2nd by close to the amount of the div.

So are these potential div opportunities, or definite Ex Div value traps on Thurs ?

G

I'm on day trading atm - not looking to hold for the longer term,

https://www.lse.co.uk/share-prices/sectors/

Today's sector figures shows Automotive and Parts as worst performing sector today, down 10.92 %, with Retail sitting don at 1.57% as I type.

G

https://www.bbc.co.uk/news/business-52066303

Rent-to-own giant BrightHouse is close to collapse, the BBC understands, putting 2,400 jobs at risk.

The company is expected to fall into administration on Monday after facing an influx of compensation claims for selling to people who could not repay.

Stricter lending rules had put the business under strain long before shops were closed owing to coronavirus.

G