The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Everyone is frustrated with there investment at the moment, look around most sector all preforming bad, we all wish that the war would end, there was no recession,back to precovid, levels, no bad actors on crypto etc etc fact is very different, so as being a LTH to achieve a price it doesn't bother me too much obviously the lower we go the harder it is to achieve my target. For traders I understand that money is tied up in paper losses but still have options to sell out and invest in other sectors or other investment. High risk high rewards or to play it safe with the volitile markets put your money into a tesco fixed savers account at 4.5% for 2 years maximum deposit is like 5m so if you've used your isa, it's good opportunity but all is just my opinion
Muscle12 as you have lost a few brains, get out while you can, take the loss do not get sentimental over any company as you will lose more money but if you still believe then topup and bring your average down.
Afro19 DYOR, don't take my opinion as fact, if you don't like my opinion then bin me simple. I am in retail and can see growth falling and profit margins getting squeezed by on going energy crisis and cost of living which effects companies profit with the new minimum wage set to be the highest increase ever, will this help company profits, I don't think so.
I'd personally wait for after Christmas... Jan, Feb are worst months for the retail sector. So expecting this to sink to 25p in medium term there will be a lot of rinse and repeat going on. Dyor as there are alot of people with there own agendas who will tell you this SP is best thing since slice of bread and be selling in the background instead.
10,000 staff last time I heard and closing down some of there projects like drone service, there share value has slumped over 500billion and now under 1 trillion. Put a stop to hiring staff this year
Retail is going to have a poor year for the next 2 years, look at the big boys Amazon Tesla Microsoft etc etc. They are laying off staff as there earning projection have slumped. Don't forget with the living crisis and uncertain times people don't have surplus money and will be more prone to buying from high Street rather than impulse buying from the Internet. DYOR
If your buy and sells figures are correct then eventually they'll have to let SP loose. The spread should widen if the SP goes up, wouldn't the MM make more money then what they are now or is it the case the make money by suppressing the SP which creates volume. Serious question as I am confused
Exactly Chris "Reading these boards will lose you a lot of money." You wont be around when this is back up to 1p and beyond.
One has to ask themselves why someone not invested, would give out advice to random investor s/he doesn't know, does this person have a agenda or to satisfy his ego or has this person been burnt before and bring glum and doom to all investors. Dyor own research