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OSG,
Thanks for your helpful report! Funnily enough, yesterday I actually drove several miles to my nearest Iceland, intending to do exactly what you did. When I got there, they had one freezer dedicated to the various MP products, but all the ice cream was out of stock, so all I learned was the price and three flavours available. At £4/pot, I thought it was a bit expensive, but wasn't expecting to hear that it was on a par with HD in terms of quality. If it achieves a similar taste profile, but with far more attractive nutritional value, then I imagine it will sell well and probably at a good margin.
Did you happen to notice if it contains artificial sweetener of any variety, allowing it to cut down on sugars?
I haven't visited an Iceland store for many years and I was a bit disappointed that it looked old fashioned and a bit 'down at heel', but perhaps that's just me being picky!
I'm contemplating 'Bed and ISA', to shroud any multi-bags from capital gains.... I'm currently still below water, so it really depends what the ultimate prospect is looking like...
FWIW, if it's taken private, are the proceeds just taken as 'spare capital' within an ISA to be reinvested as desired? I'm pretty crap at tax regs and planning etc...
Can't decide whether to top-up my TW holding, Vistry, or both. I understand Vistry is more exposed to 'value' housing, which may be more resilient in a struggling economy, but frankly, I don't really know..
'Dry powder' at the ready...
My suspicion was far simpler. Biden's lack of willingness to negotiate on the terms of the debt ceiling were certain to give the markets, conveniently including oil, the jitters....:
https://www.bbc.co.uk/news/world-us-canada-65452444
I topped-up at 505 and I'm content. I think the downside is limited, barring a collapse in the OP, which seems unlikely. As a retired softs trader, I often refer back to some advice given to me by one of the old directors at Berisford, where I was a junior at the time. "*****", he said, "Those who constantly try to pick bottoms invariably end-up with **** under their fingernails" It's weathered well over 40-odd years...
Signed, and forwarded to family and friends! Thanks JB!
Seems to me that Ukraine is defending Bakhmut in order to effectively either eliminate The Wagner group mercenaries, or weaken them to the point of insignificance. They are already beginning to challenge Putin with respect to a lack of ammo - and Putin appears to be ignoring them..
Sanctions won't stop Putin immediately, no-one ever expected that, but like a bleeding ulcer the Russian economy will become anaemic and given enough time his ability to finance a war will be diminished. The worst thing would be to allow him to 're-group'. It's a better scenario for the West than dropping a B61-12 on his bunker...
My feeling is that we have to adjust to a new generation of impatient retail investors who are inclined to bail on results day unless the numbers are exceptional. I bought-in because I believe the company is well-run and has a product which is relatively recession proof. Even staples need packaging, day in and day out. I think we will see the s/p recover over the next couple of weeks.