Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Bull Market Is Back as Recession Worries Fade, Yardeni Says
Closely followed strategist Edward Yardeni, who saw resilience in the US economy even as recession worries grew last year, remains sanguine on where global financial assets — including US stocks — are headed.
“The outlook for the world economy is actually improving,” the president and founder of Yardeni Research Inc. told Bloomberg Television’s Surveillance on Wednesday. US equities “made a low on Oct. 12. That was the end of the bear market and we ‘re back in a bull market.” Since closing at 3,577.03 that day, the S&P 500 has risen almost 10%.
https://uk.investing.com/news/stock-market-news/bull-market-is-back-as-recession-worries-fadeyardeni-says-2878724
Boohoo Group PLC (AIM:BOO), British Land PLC, CMC Markets PLC (LSE:CMCX) and Wincanton PLC (LSE:WIN) have all been highlighted as top ‘value stocks’ for 2023 by Peel Hunt analysts
The mid-market investment bank's analysts presented a total of 30 shares, from FTSE 100-listed Intercontinental Hotels Group PLC (LSE:IHG) the largest at £8.7bn to sub-£300mln Kier Group PLC (LSE:KIE).
“2023 may be the year for value stocks,” said head of research Charles Hall and deputy Clyde Lewis, after the firm’s value picks for last year delivered an average decline of 15%, compared to a gain of just over 1% for the FTSE 100, a flat return for the FTSE All Share and a 17% plunge for the FTSE 250.
Hall and Lewis acknowledged that “the perception of value varies by sector and analyst, and can be based on shorter-term metrics or those a little further out”, but all the stock picks have “attractive value characteristics”, they said.
For Boohoo, for example, “deep value” was cited by analyst John Stevenson, pointing to shares trading at 7.9 times earnings on an EV/EBITDA basis, or just 0.3 times on EV/sales, and the potential to new brands acquired in the past two years adding more than £500mln of sales by 2024.
https://www.proactiveinvestors.co.uk/companies/news/1003007/boohoo-british-land-cmc-markets-and-wincanton-among-top-pick-value-shares-for-2023-broker-1003007.html
"He's angry because he's down big time on boohoo, so he comes here to troll a share I'm in"
Let me just make everyone here aware of your antics Jtan. You have relentlessly trolled the boohoo chat board. 342 posts in the last 30 days alone. An astonishing feat for someone who doesn't hold there. You're a liability to everyone who holds here and you only have yourself to blame.
Jtan, NEX, today (responding to my earlier post) : "He's angry because he's down big time on boohoo, so he comes here to troll a share I'm in
Thats his mental health sort of exemplified
Report him or troll him, I don't mind"
Jtan "Squid getting wrecked as per normal"
I could say the same about your NEX holding. By your own admission you're "overinvested with an average of £2.50" - that means you're sat on a 50% paper loss, quite probably thousands, if not tens of thousands of pounds down with little prospect of ever seeing your money again.
Love to see it.
"These prices won't be around forever!"
Agree, we'll probably see this fall below £1 over the coming weeks especially if covid really takes hold again
China Covid: More than 88 million people in Henan infected, official says
Nearly 90% of people in Henan, China's third most populous province, have now been infected with Covid, local health officials say.
Provincial official Kan Quancheng revealed the figure - amounting to about 88.5 million people - at a press conference.
China is battling an unprecedented surge in cases after abandoning zero-Covid policies in December.
https://www.bbc.com/news/world-asia-china-64208127
dogger, nobody cares about your opinion. You have an appalling track record. Everything you've ever bought has gone tits up.
dogger69, NMC, 4 Mar 2020 "Castaway yes you win you lose but I've been so stupid. I was in PLUS only last year with an average of 730. I put 92k in. I bailed when I saw MTRO sink and piled in 86k at 357. Took a 30k loss there. I put my last 46k in here at 780 so it looks like had I stayed with PLUS I would be more than 30k up with divis etc i.e.125k. So from 125k to 0 hurts. A lot!!"
dogger69, NMC, 4 Mar 2020 "Yes I agree and I have put in money and borrowed against my own company plus a credit card so I need to pay back the CC and company. It sucks big time. I should never have done it, I know. I NEED this to come back otherwise I'm as good as finished"
dogger69, NMC, 5 Mar 2020 "I really need this to start trading again guys. What hope do I have? Not paying their staff only means one thing to me. I'm finished"
dogger69, NMC, 10 Mar 2020 "Hi guys. I have lost my entire life savings here but I have a lovely family so I walk away with them and my health. No more shares for me. Best of luck to you all"
dogger69, NMC, 10 Mar 2020 "Like others have said I too am finished. Lost all my savings and it feels hard to go on. I will never invest a penny in shares again. FTSE100 stock too. Never again!!!!"
dogger69, NMC, 22 Mar 2020 "I'm praying for a good outcome here as I have all of my savings invested here! Over 50k"
dogger69, NMC, 1 Apr 2020 "deos I managed to get out of MTRO at circa 215 to take over a 30k loss. I think we've lost our entire investment here due to the crooks that were running thr Company. My luck with shares has been disastrous and this has wiped out my entire pot. I had 90k when I started out and now have nothing. I'm done. What makes it worse is last June I was in PLUS with a 90k investment at an average of 737!"
dogger69, NMC, 5 Apr 2020 "The thing that I'm struggling with is I had £92k invested in PLUS last April at an average of £7.37. Then I sold at a loss to jump into MTRO where I lost £35k, put the money I had left into here and come away with nothing. Had I have left my investment in PLUS I would have £135 in addition to the dividends they pay! Devastated to say the least"
"Noel Borg has correctly called BOO on a technical level from the high.. now pointing to further downside
Weekly trend down, daily up = perfect short opportunity"
Warren Buffet "I realised technical analysis didn't work when I turned the charts upside down and didn't get a different answer."
Who has the best track record, Aldebaran? Warren Buffet? or some random geezer on twitter?
Jtan trolling a share he isn't invested in at 3 in the morning lmao what a sad ****
CMC Markets analyst Michael Hewson said: "In the wake of Friday’s US jobs report and the strong reaction to it, today's European open looks set to be a positive one, with Asia markets also getting a boost as China took further steps to reopen its economy, as it relaxed its zero-Covid policy further resuming travel with Hong Kong."
https://uk.investing.com/news/stock-market-news/london-preopen-stocks-seen-higher-amid-china-hopes-2874679
Jtan, due to the pandemic, people aren't using the buses like they used to. It's a fact. Being in an enclosed space with dozens of sickly flu and covid carriers coughing and wheezing over you isn't most people's idea of fun. The public transport sector is seriously struggling to recover. This is partly due to work from home, it'll never get back to pre-covid levels - the number of commuters just isn't there anymore. BBC news recently reported on rush hour in London - the streets were EMPTY of commuters. They compared the scenes today with pre-covid and the difference is stark. Many people are working from home, they're simply not commuting anymore, certainly not on the trains and buses. Add to that NEX is drowning in debt and with far less commuters using the buses, the situation is only going to get significantly worse. I fully expect the shares will be sub £1 within weeks - and even then i won't be averaging down because I don't believe in throwing good money after bad.
5 More Big Reasons the Stock Market Will Boom in 2023
It seems investors have the chance to make fortunes in a massive 2023 stock market boom
Historically speaking, it has paid off handsomely to be greedy when investors are as fearful as they are today.
While the headlines out there are still scary, the price action in the stock market today is actually resembling the beginning of a new bull market.
Two months ago, stocks did something that they tend to only do when they’re about to explode higher over the next year.
https://investorplace.com/hypergrowthinvesting/2023/01/5-more-big-reasons-the-stock-market-will-boom-in-2023/
https://youtu.be/pCDoj-klsVk
Stocks stage first big rally of 2023 as hopes of easing inflation grow, Dow up 500
U.S. stocks rallied Friday after the December jobs report and a manufacturing survey showed signs that inflation may be cooling amid the Federal Reserve's interest rate hikes.
The Dow Jones Industrial Average increased 558 points, or 1.70% The S&P 500 gained 1.74% and the Nasdaq Composite ticked 1.86% higher.
The December nonfarm payrolls report showed that the U.S. economy added 223,000 jobs last month, slightly higher than the expected 200,000 jobs economists polled by the Dow Jones expected. In addition, wages grew slower than anticipated, increasing 0.3% on the month where economists expected 0.4%.
"All investors care about is that the data suggests inflation is moving towards the Fed's target," said Michael Arone, chief investment strategist at State Street Global Advisors. "That's all investors care about and average hourly earnings suggest inflation continues to slow. They are excited about that."
https://www.cnbc.com/2023/01/05/stock-market-futures-open-to-close-news.html
dogger loses his entire life savings then sets about preaching to others! I mean if you want advice this really is the last person you'd go to!
dogger69, NMC, 4 Mar 2020 "Castaway yes you win you lose but I've been so stupid. I was in PLUS only last year with an average of 730. I put 92k in. I bailed when I saw MTRO sink and piled in 86k at 357. Took a 30k loss there. I put my last 46k in here at 780 so it looks like had I stayed with PLUS I would be more than 30k up with divis etc i.e.125k. So from 125k to 0 hurts. A lot!!"
dogger69, NMC, 4 Mar 2020 "Yes I agree and I have put in money and borrowed against my own company plus a credit card so I need to pay back the CC and company. It sucks big time. I should never have done it, I know. I NEED this to come back otherwise I'm as good as finished"
dogger69, NMC, 5 Mar 2020 "I really need this to start trading again guys. What hope do I have? Not paying their staff only means one thing to me. I'm finished"
dogger69, NMC, 10 Mar 2020 "Hi guys. I have lost my entire life savings here but I have a lovely family so I walk away with them and my health. No more shares for me. Best of luck to you all"
dogger69, NMC, 10 Mar 2020 "Like others have said I too am finished. Lost all my savings and it feels hard to go on. I will never invest a penny in shares again. FTSE100 stock too. Never again!!!!"
dogger69, NMC, 22 Mar 2020 "I'm praying for a good outcome here as I have all of my savings invested here! Over 50k"
dogger69, NMC, 1 Apr 2020 "deos I managed to get out of MTRO at circa 215 to take over a 30k loss. I think we've lost our entire investment here due to the crooks that were running thr Company. My luck with shares has been disastrous and this has wiped out my entire pot. I had 90k when I started out and now have nothing. I'm done. What makes it worse is last June I was in PLUS with a 90k investment at an average of 737!"
dogger69, NMC, 5 Apr 2020 "The thing that I'm struggling with is I had £92k invested in PLUS last April at an average of £7.37. Then I sold at a loss to jump into MTRO where I lost £35k, put the money I had left into here and come away with nothing. Had I have left my investment in PLUS I would have £135 in addition to the dividends they pay! Devastated to say the least"
Every bear market in history has ended in a bull market. Every single one. And this one will be no different. And typically, bull markets get underway well before economic conditions have even begun to improve - they always start extremely early. So there currently exists the briefest of windows of opportunity to accumulate before stocks widely begin to move northwards. Boo included. Add to this the new US distribution centre which opens shortly and is almost certain to prove an absolute game changer. Boo will be back above £1 before the end of this year (prediction) and above £2 by the end of 2024. With a bull market on the way and the opening of the US distribution centre, this has multibagger written all over it.
The threat of covid restrictions coming back has the travel sector jittery. I'm not adding as I can see this going much lower if the rise in cases continues to escalate. The WHO is closely monitoring the situation but it doesn't look good.
The US distribution centre will prove a game changer. The warehouse is enormous and it's slap bang in the middle of the most lucrative market of them all. Once up and running, Boo's fortunes will rapidly turn around. On a separate note, there has never been a bear market in history that hasn't ended with a bull market. Charlie Munger recently scoffed at talk things are tough right now, saying those of us who lived through the great depression know what tough really looks like - and that today's troubles pale in comparison to how bad things were back then. And the great depression ended with an historic bull run. So not only will Boo's fortunes turn around helped by the new US distribution centre, at some point soon a new bull market is going to get underway. And that's only going to help propel the stock even higher.
All Jtan has in his armoury is ad hominem attacks. This is why LSE are removing so many of his posts. If he keeps abusing chat rules in this way, he risks having his account suspended. My suggestion to him would be to stop the personal attacks, focus on the company and grow the hell up.
Pokerchips, thanks for your reply, hopefully we won't see another lockdown but I do fear mask mandates and social distancing is almost certain to be enforced again at some point, probably in the next 6 months. Ministers are already making plans to enforce new rules in response to the huge increase in case numbers we're now seeing, and this new strain is extremely concerning as it's very virulent and highly transmissible. It just doesn't feel good to me, I have a bad feeling about it. If restrictions come back, travel shares are going to tank, as a holder it makes me very nervous.