@ronnie you don’t work for hmrc do you? 😂
On this account I could Yh. And I would think on most accounts you can track your progress. I do get what you are saying tho I have multiple accounts and have even closed some down some sites are better than others so it’s kinda like finding the shoe what fits best. Also did they start with a lump sum or do they add it as often as they can do they withdraw it can be a lot to keep track off but you should have some idea of how your doing at all times imo. I had to take a lump some out not so long ago (through no fault of my own) because sometimes life hits you hard… or idiots driving tractors do🤷♂️😂
Paddy. I won’t miss out tho if it turns because i always keep a core holding. I have buys above £1 my average on paper has gone back upto 93 at the min be lower including anything I’ve banked, il add to again when ready. Like I said i don’t necessarily class it as earning me loads because my main holding is still down more saving me thousands. If your strategy is hold do nothing then moan when it doesn’t work then that’s on you but I wouldn’t be so quick to say ppl are lying or talking bs just because they have a different strategy to you. Take Mary for example she has a similar sort of strategy and I bet she has outperformed anyone who just bought and hold. She knows what’s she’s doing and sticks to her plan, yes she’s an amateur and still gets things wrong but don't we all? I’ve seen ppl make millions doing what she does, and No matter how good you are at this you will get things wrong,
But don’t we all? Imo that’s what stops a lot of you is fear! Fear of being wrong and I know that for a fact because I use to be the same. So I surrounded myself with people who know what they’re doing and learnt. When you learn and come back to lse you realise 90% on here are clueless. This is actually one the best boards I’ve seen tho some intelligent ppl on here,
Poker,wealth, lw to name a few
Jg ahh got ya
Paddy-guilty I’ve said from the start I’m trading round a core and am more trader based
And il be honest the positions I’ve closed on this are in net profit, its saved me loads more than anything its not particularly made me loads because the majority of the time it’s only come down and I’ve only shorted it a couple of times once recently because the updates aren’t exactly screaming buy and like I’d already mentioned the markets needed a flush imo it’s was more a to cover my core holding more than anything but I’ve bottled it closed it and took profit plus it’s getting to an area I’d like to see it hold onto whether or not it will tho will have to wait and see,
I agree with what you said the other day when someone said your trying to scare people 🤣 just because it’s low doesn’t mean it can’t go lower, if they keep underperforming we’ll be punished 🤷🏻♂️
POWELL- appropriate to let policy take further time to work (sounds like higher for longer)
Uk will be cutting before fed at this rate
Jg if you doubled at 58 why did you not take any profits at 92 even just a little
You need to take profits, if you don’t the market will take them from you
I doubled up recently but sold that almost straight away for £300 loss because I knew I missed timed it and it was more likely to come down
Last Wednesday when it fell off a cliff where did it bounce off?
The Covid low… I said to look out for it that’s the market telling you it’s coming down
It’s not random
I want this up as much as everyone else but let’s be honest they miss target after target so deserve to be punished.
Will have to see if Covid low holds but a double bottom looking more likely now imo.
I still think it will come roaring back eventually but it ain’t ready yet
Hi Lara, it’s early days yet and this will be dependent on results now as to which way it goes but if they’re ok and we start climbing back to 90p it will of put in an inverse head and shoulders which is a strong reversal pattern
https://ibb.co/xXrYczP
Marks and Spencer’s had it
Rolls Royce had it (although not as clean so harder to spot) obviously they was 2 of the best performers last year so I’ll show you howdens instead which isn’t quite as strong
https://ibb.co/VvFjqFz
And the most important thing is we still have to perform and hit our targets or we get punished and the patterns collapse
Https://ibb.co/BCsW3wW
See the move before the move
It’s a volatile stock, volatility works both ways
Eventually we will experience it to the upside.
It’s making inverse head and shoulders atm
(That’s the setup I was in about but early days yet)
Volume should come in when it breaks 90p that’s what you want if it does it will get up to about 115-120
Inflation data tomorrow hopefully get a bounce if it’s good 3.5 expected v 4 previously
Economists think it could dip to 2% next month 😳
Inflation expected to fall to 3.5% on Wednesday
UK inflation is expected to come in at 3.5% on Wednesday - down from 4%.
Although forecasts have been wrong consistently for more than a year, in recent months they've not been too far off - and the narrative for some time now has been that inflation would start to fall again come February (it's these figures we'll hear at 7am on Wednesday).
A survey of economists by Bloomberg came up with the 3.5% forecast.
"Cooling food and goods inflation will help drive the rate lower before a plunge in energy bills triggers a more marked step down in April, when economists expect it to dip below the BOE's 2% target," said Bloomberg.
Good thanks kg, hope your well
Yes you haven’t missed much at all, little bit of moaning, the odd conspiracy, oh and Elon musk was going to buy us out at one point 😂 (that must of fallen through tho) think we’ll be around for a while yet anyway.
Agree with you guys tho that if they say they’re going to update the market that’s the least they should do, maybe the rns will come in morning. I don’t think there’s anything behind it tho, kingrav nailed it with his comment they wouldn’t be accumulating now if an Ri was coming
Maybe we’ve all just bought a dud 😂
Jefferies reiterated their buy recommendation on 20/2/24
All the signs I’ve seen so far going into earning have been positive.
I’d like to think that provision and delay rns was a great opportunity to kitchen sink any more bad news as well if there was any.
I think this is where we turn our battleship around personally, I’m not expecting to be full steam ahead but I’m hoping they at least take the twat out of reverse
The drop seems a little over the top to me on delayed results expected to be inline but if it wants to sell off let it il be looking for how it sets up now for earnings then might buy some more. The good thing about it being down going into them is it shouldn’t take much to pop it back up bad news is already getting priced in imo.Imagine if they mention the word interest regarding the na sale it could be back to mid 80’s in a flash then the key part is getting past 90.
The ftse250s setting up really strong as well which can only be a good thing if this is to finally start reversing and holding its gains,it’s flat on the year but looks as though it could be making a cup and handle ready to break upwards eventually.
This is what happened when mcg did it in December on the 1hr timeframe
https://ibb.co/MgjvfQy
Now look at how the ftse250 is setting up on the daily timeframe
https://ibb.co/ZSfzL4N
Obviously there’s more to it than just patterns but when you start to factor in there should be multiple rate cuts over the next two years, inflation trending down and probably coming out of one of the shortest recessions in history all the ducks are lining up nicely imo
I’ve doubled up as well
My worst case scenario was it would put in a double bottom pattern on bad results
But with shorts slightly reducing
Large holder increased
And results expected to be inline
I think the worst case scenario has gone up in flames
Firstgroup good results and expect guidance ahead of market expectations, ‘how the other half live eh’
I still think ours will be ok, I think any relating to the provision will be historical, they’ve already given forward guidance of between 40-70m I suppose they could always come out and say they got it wrong though and now expect it to be between 70-100m, which you kinda can’t put it past em 🤣 but jokes aside we should be swinging from a+ 200m loss to smallish profit and eps going from negative to positive as well
Back to profitability next imo
Any news around the sale will be a massive bonus and a big catalyst especially if there is interest from multiple parties
Then I want to see the outlook hopefully no horrors
It doesn’t get exciting until it gets back to 90p
In the mean time it’s setting up beautifully
I want it to develop abit more then I will show you what I mean
Delayed results don’t necessarily mean they’re bad
They have already told you they are inline
Asos did same last year, raised cash then results ended up being delayed but they said they was inline, so I bought thinking if they spin anything positive in results the stock will pop, they did and it went 30%,
Also investors will look past impairment as long as they have a good enough reason to, bats recently released results with a 27b impairment they flagged 25b of it in December but it still came in 2b worse and the stock went up 7%
The difference between this drop and the last is it got bought up instead of an allday sell off
It will come back up and close the gap eventually
My guts telling me this doesn’t want to sell off but let’s see how the next few days play out
Wealth
Yes good point you make about headroom becoming negative if the numbers go against us
When I looked further into it I realised it may not be as positive as I first thought (the 371m cushion)
Because it could mean a big impairment
The rates only increased once after the half year report at .25 so that alone isn’t enough to cause an impairment but then when you factor in the 5-10m EBITD miss it might be enough to kick up a bit of a storm
The thing that’s got me leaning slightly positive into earnings tho is how well its held up
There’s a lot more skilled/intelligent people than us doing this so you would think that if there’s a massive impairment on the way and results are going to be bad it would of sold off a lot more or shorts would be increasing a couple of things to look out for I suppose along with any broker upgrades/downgrades going into earnings