Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Todays Times puts amber light on for NBFI,s. however suggest investors read latest Fitch rating on AV very positive, given a AA rating , and financially strong, and as such, I believe able able to withstand a possible bond sell off.
Evan
There is no time limit on "insider dealing" if directors are privy to information (that is not in the public domain) that could effect the share price in a substantial way they are barred from share dealing.
Evan
No way is there a take over on the horizon, the directors would be in desperate trouble should they announce any major event, having just bought substantial number of shares.
Avon has been a takeover rumour for 20 years or so, perhaps it will happen, but I am not holding my breath.
Stupmy
I use 3 different online brokers to avoid any IT problems with any one of them, following a bad experience about 20 years ago with my "then" one broker who had a system failure, cost me a fairly large loss. Now only have 2 on screen, but did always use 3 when I was day trading, too old for all that now so happy to be a mainly long term investor. CCL will move toward £20 and beyond, cruising has become something for everyone, not just the few, it is now getting the "package" holiday population filling its ships, which get bigger and more economical, so on its upward price trajectory there will be trading opportunities so good luck with that.
Botbot & buchanan
Thanks for the info on casinos , the OH and really only go to casinos where we know there is some atmosphere, free drinks, and in some excellent canapes, and as we only gamble for fun (not altogether fun when you lose ) will keep cruises (not too many) for relaxation and for me to judge whether or not to invest.
CCL has been pretty good for me, but giving back some of my gains the last few weeks, but remain positive that come the start of the new year share price will improve. The 5% plus on guilts and 7% on bonds will not last, OPEC and Russia cannot afford to restrict oil production for too long, China looks a little ore positive so hopefully 2024 will see CCL and shares in general move up from todays lows.
Advice please,
I have rarely used casinos on P&O or Cunard, found them to be generally quiet, mostly inhabited by occasional gamblers, and not for me. My wife and I do visit casinos in Europe, enjoy an evening, in the right ones, and win or lose a thousand or two or more. I have read posts of some cruisers betting larger sums. In a number of casinos in Europe and UK I get a "credit rating" so do not need cash - what is the arrangement on cruises
Thanks
Fordy,
I also share your uncertainty as to how share price will react to 29th announcement, oil at $100 or so, massive debt still concern for many, so unless some really sound announcement I cannot see too much positive movement, still holding but will buy more when there is some movement on the debt front .
Bhants
I totally agree with you - shorting should be banned!!!
There is an oft chose theory chosen by some , that shorting gets a company more focussed to ensure shorts fail, even to the point of making quick and often irrational short term decisions.
Seen it up close, and the shorter is most often successful, thus you read pf the partners "earing" multi million bonuses each year.
Bhants
As I said earlier QRT have massive amounts of info, algorithams, and spend vast amounts of time researching a share before shorting. QRT have put £150m into CCL, and move the short regularly - about 30 times a month, and as they are recorded on a daily end of day basis, there are probably many many more during each day. Shorters focus on just a very limited number of companies, and with many staff "attached" to a company, plus their AI etc means they really know more about a company than most analysts. Thus fund mgrs take account of short positions in their decision making.
I would love the chance for just one hour to look at the CCL software and end of day print out in QRT London office, but dream on dream on.
Analysts
Bhants, QRT will leave this share alone when it can no longer profit from the saw tooth pattern of share movement. My guess is 2 maybe 3 years when it possibly levels off around £18 possibly£20.
If you are a LTS you ignore this movement, and if you are a risk taker you may also have a go yourself, I generally am a LTS as I think you really need the IT power to be successful.
Shorters concentrate on shares with saw tooth patterns, and those companies, that their inhouse algorithams , indicate a potential fall. The act of shorting often adds to the likely fall.
Qube Research and Technologies have CCL on their "radar" with around 30 differing positions per month. They use extremely complex AI modelling regularly upgraded by highly skilled IT specialists. Clear indication they see CCL at present as a "saw toothed" share"
So a continued share movement is certain, and when QRT move away from CCL then we can expect some degree of stability in the share price.
If any of you fancy a very highly paid job in their London office, then chuck your slippers in the cupboard, and get ready for interview questions, typically
What is the variance of X+Y-
How to calculate the beta value of a regression
Describe "random forests"
Well if nothing else some thing to test the brain while laying in your deck chair on a cruise.
Thank you all for your info and advice, so my wife will book the cruise she has picked, seems from your experience best use the apps, outside of share dealing with 3 screens and level 2 , I really am out of touch with the latest IT systems.
Good to see move up, but as I said in a post some time ago strong believer in this returning to minimum £20, at which point decision will be needed to hold or sell, look forward to that day.
I am not a regular cruiser, and really only started in the late 1970,s when you could swop a BA flight ticket home to cruise home on the original QE 2. - did this a few times gave me 6days free holiday.
Since then have only been on a few cruises, Cunard, P&O, Norwegian, Seabourn, Saga principally to judge for myself investment probability.
Have not been on P&O for some years now, but wife has seen a cruise she wants to go on, but a friend who has just returned from a P&0 cruise said too many things needed an app to make a booking, restaurants, theatre, trips etc - is this correct?
I spend too much time now on screens, so last thing I want to do is use apps on a holiday.
Was invested in Sage, but a cruise with them was really poor, so on return sold out, by chance just in time, would be 27% down but for that poor cruise.
Thanks for any advice
The fundamentals are unchanged (unless some one knows different) people all over the world still want to cruise, today is possibly a small market correction or fund managers taking profit.
I remain confident in this business to the extent I bought a further 1500 today- 3 blocks of 500, overall average £12.63, they join my original holding, and I now intend to forget them, and will finally sell the lot when they hit £18.00, expect withing the next year at most.
Good luck to all, stay positive, they will come good.