Member Info for guessworx

@blue . not hypocrisy . just replies to your comments about add a few more zero, calling me guesswrong when i was actually right etc.
anyway, only a fool entertains talking to another fool. as such i have no more to say to you and please do not comment on my posts. it would be better if you just filtered my posts out from here. thanks

look at eastern european countries ... faster and cheaper but then they didnt have aging infrastructure and so much bureaucracy to deal with.

intraday and closing prices are all relevant. yest fell to 191ish before closing bounce to 193ish, today fell to 186ish and then reached 195ish and now falling again!

the idea of the forum is to gauge ideas. not a competition on who has performed better. when someone is dealing with relatively tiny sums its easier to make rash comments and decisions. please keep matters civil.

Their employee told me the perks are all they are there for. Agreed the previous management was terrible (pension deficit, selling of money making assets etc... ) but most remain and not much changed. Look at vodafone and its all clear my views are well founded.

Possibly the WORST MANAGEMENT team in any bluechip. i get the feeling they have no interest in stakeholders and the pensioners who rely on them. if it wasn't a monopoly the doors would have long closed. the government sees them as their own vehicle and aside from that they operate like the local council - get paid just to turn up to work and then spend other peoples money while take no responsibility for failure. FIRE ALL THE MANAGMENT starting with the CEO and start fresh - any take over would be an improvement!

@marab @neil - agreed. price looks cheap hence the big bounce but nothing to say out of the woods and always best to cater for the viable unexpected. I maintain 170 could be reached and will continue to buy into dips under 185. those buying at this price (195ish) be very wary. like crypto - if the majority of the market is dealing on bull sentiment alone then you will be just fine but there may come a sobering window in the next weeks to months.

yes as i mentioned earlier ... with that in mind where do you think the sp will be if that lockdown is extended (if big blue also replies please stay on track to only the question)

doubt the fund and non retail investors will be interested until 165. one of the largest activists with a lot more brains behind them left and didnt' return even at 170. As stated weeks/months ago, and previous posts, anything over 175 was just speculative drive. and no surprise usa market is selling given its overheated... long overdue. but then there are many retail investors at home with money, time and nothing to do but think a higher price must return and is the norm. careful not to get burnt too badly. longer term / very longer term you will be ok if seeking 2 but forget the pre-brexit highs.

im not commenting on your investment or holistic views etc. you called me guesswrongx and look where we are today :) To say 180 and 170 is pre-vaccine is just wrong for reasons already explained... check the graphs. Good thing my plans, as previously commented, allowed for more fire power!

low rates will remain for a couple of years.. the gov dare not increase. uk money is in property and they want more business investment whilst not reducing taxes too much. the real worry before was negative rates and we can see from eurpean experience this leads to banks freefalling over many years

... as predicted

... as predicted

now what do you all think? big-blue ... still think im wrong? I restate resistance at 180 and then 170 or even lower? 1 of 3 indian variants that spreads quickly and avoid antibodies in the mix too.

I think the days of 160-165 are over but the climb from there to 210+ was premature. All it takes is another strain and any plans off vaccine passport are gone. Or a country going from green or amber going back/to red. More bond issues will be needed if it goes into next year diluting things further. I'm in a around 193 but am saving fire power for 180-185 and then 170-175. My 18 month target is 245 because I think the rest of the world will take much longer to recover and business travel will be reduced as a normal upto 25% with online meetings here to stay. What do you all think?

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Where do you think the next 2 levels of resistance will be? I 190 now, then 180 and then 170 bottom?

This was an overdue correction. Any pricing over 175 was mostly driven by sentiment and retail investors tend to herd and when they see a price for a while they take it as the normal. If we look pre-covid and then factor the now terrible financial services brexit deal, the share price shouldn't be much above 165. Even at 160 I would be prepared for 150 because they are deferring the bad loan inevitable. Its not mistake they kept the bad loan provision high when other banks have put their necks on the line and taken a gamble. Offering continuous lifelines on loans that are clearly bad and non recoverable can only look good on the books for so long. Furlough will end and zombie companies there are a many. Volatility, via trading, has propped barc bottom line but its not sustainable and the rest of their business is still struggling to cut costs and make money, compounded by the brexit financial deal failure. Longer term, more banks are diversifying to also compete in wealth management etc., and there is a govt push to support the already strong fintechs stealing market share. With all this in mind the ¬10% crash is because further forward looking traders and even some retail investors realised there is no major upside left and it was a strong price to exit.
Hoping that the end of lock downs will suddenly bring things back to normal and even better than before is optimistic. Cash sitting in peoples accounts doesn't mean sustained spending spree. Working from home, changing consumer habits, etc. have changed the landscape.
Having said all of this 2 is on the cards but it will take a long time, stronger all department performance with cost cutting, and some luck. The road is windy with fog.
This is just my opinion and not advice ... do your own research!