RE: Carnage .....10 Mar 2020 01:56
Bed?
Money never sleeps.
Biggest fallers will possibly be fastest risers when the corona and Russian/opec disagreement blows over.
Unilever(hygiene product)/greggs look good to me at the moment.
Tesco genius sell of SE Asian stores for 8 billion a third of its value,5 billion special dividend(around 45p) and the other 3 billion to clear pension deficit which was costing as much per annum 280 million as the se asia stores were making.
Unilever at bottom part of 5yr upward channel and still 7% up on last year.
Maybe better to hold on a little bit longer,but what has gone on does seem to have the same issues to repair as the financial crisis.
Cineworld to my mind the owners still have not done anything wrong,the main market 16-24 isnt going to worry about flu.
Plus revenues from annual tickets cannot be revoked.
Saga could potentially triple to 54p from current price,Im not advocating buying just saying the potential is there.