Member Info for GoldAnOil

The fact that the fraud COULD happen is a worry. A similar fraud at COSALT a few years ago eventually led to such a loss of confidence in the Bod, that the company folded. Whilst not suggesting that could happen here, it indicates a lack of management control and that, although being addressed, is usually cause for a downgrade.

...to see what the Ex-Divi effect will be. Normally we would expect a fall in SP, but with this so low already, the effect may be negated by bargain hunters.

...shows us that GUS (Next's parent) and the Wolfson family invented online trading back in the 1950's, only it was called Mail Order in those days. They owned a lot iof the popular catalogues and had hundreds of 'local ladies' taking orders. They have always moved with the times and I'm sure the plans are in place for the next ten years. Buying online is the modern version of mail order and Next are probably best placed to take the number one spot. I'm sure floor space in stores will reduce, especially in high cost areas such as city centres. The need is to have up to date, good quality stock and available in the sizes, styles and colours that people want. Next don't always get that bit right, but in order to acheive the premium price, that's where they need to improve. Certainly a stock to buy whenever a buying window opens, if only for the dividend, which the BoD have pledged to maintain.

I'm getting hammered all round today! £1k down in 10 minutes. I'm off to work, try and ignore it all.

...in prospect. Anybody any ideas as to which way this will go? I'm hoping up, but who knows. What a world, what a world.

...dropped 4% on NYSE from the overnight, so maybe the worst is over.

Went for lunch and came back to find HIK £1 up ! Now that's a good feeling.

...how the US will react. Massive buying at a bargain price or big reactive sell off?

...at 1142p, I think 1100p was a bit TOO cheeky! Hopefully bottom has been found and the bounce is underway> GLA

...Buying in now would give a much better return on capital, if the divi is maintained and any growth in SP is a bonus. I've put a cheeky 1100p buy in and I think it'll be filled.

On the cards...

Maybe the time to get in, before the Webcast takes effect!

...1197p, where now!

1205 and dropping!

...support at 1210p.

...break 1200p at some point, there seems no real support at the moment.

...the big drop, down to 1218p as I write. It seems that the market don't like HIK for some reason which I cannot see. Sure the figures were bad, but we knew that already. Could be further bad news to come. I'm holding off a while yet, but a great buying window for the brave!

...seem optimistic, but contain no major surprises. I think all the bad news should be priced in so no big drop. The webcast should be interesting and may signal the turnaround we all seek.

...to call the bottom? I've had my finger on the buy button for a few days, but until I see signs of sustained turnaround, I'm holding off. I'm sure that most doubted we would see these levels again and it could be a great buying window. However, I can't see any upward movers on the horizon. Thusday could help slow the drop, or could send SP into the abyss. I got out at 1700 back in May with a modest profit and do believe things will improve. When?

Back to 250p within a month? Gotta love an optimist, but sadly Tanzania is on the same path as Rhodesia, sorry Zimbabwe, a once great country driven to desolation by a meglamaniac.