Member Info for HunSen

Anyone here going to the AJ Bell investing event tonight?

I'm not sure the right term is kicking the can down the road.....it's hoofing it off the planet.

I'm wondering if the markets are getting to a point where they will start to ignore BREXIT until it actually happens - it's become just constant noise.

Hey all,

does anyone have any thoughts on the results due in March? The SP has recovered 20% since December and seems to be in a strong up trend. Some here have a target price of 300p, which is another 10% on todays price, which indicates everyone is bullish on LGEN.

I want to stay long and I am looking for reasons to keep holding prior to the results.

Comments would be very welocme.

I hope you are right, however, this stock appears to be standing still in a market that has rocketed in the last two months;
greggs has gone from £10 to £17, lloyds from 51p to 60p, legal and general from 223p to 270p, to name just three, even a simple HSBC FTSE tracker with very low dealing costs has returned 10% in two months.
I really hope your knight in shining armour turns up, but in the mean time, you are missing out on a massive recovery and big gains on the majority of other stocks.

There are other types of risks in investing, including the risk sitting on a stock which isn't generating a return in a market like this.

This is NOT the best recovery stock, it's a company in trouble, in a sector in trouble, BUT it may have the potential of a big uplift. I watch this stock, but there are so many other choices in market that is currently in recovery.

Hi,

RBS announced a special dividend this week, LLOY I believe have a progressive dividend policy and share buyback.

Does anyone know whether circumstances could allow a special dividend from LLOY? Would there be competition between RBS and LLOY to reward shareholders for our risk?

I understand that share buyback returns value to shareholders, but that didn't do too much for me (or the share price) last year.

Any thoughts or forecasts?

Thanks!

Hey Trent,
this is all getting very close, I see a lot of upside on lloy and this is my biggest holding, so the downside would be very painful. I just don't see how the government can put anything in place now.

Hey,

I was just about to post the same article, I think there is plenty of UK potential growth + the new markets.

thank you

Hi Trent,

I think you got a lucky coincidence, very lucky in recent markets! The markets seemed weak yesterday pre-Brexit debate, even though we are no further forward on that subject.
Great if you got your DRIP from dividends. Lets hope things pick up again.

Hey Matt,
I'm still long on this, sitting on 14% since late December and would normally have sold, but the current trend shows strength and I agree with others that the price should reach 300p.

Hi Happychappy,
thank you for your balanced post, I totally agree with your view, but I still maintain that I am not a de-ramper or shorter, I simply have an interest in this company.

I subscribe to Investors Chronicle, which allows me to cut and paste articles which non-subscribers would otherwise not be able to access. On the theme of IC, for each share they review, at the end, they list the bull points and the bear points - would buyers only read the bull points?

I also had a reason for joining this board, that is to balance my intake of printed news and factual evidence with some sentiment and gut feel.

There are always bulls and bears in the market, and while we may have strong views of our own, it would be very unwise to ignore the views of the other.

HK85,

perhaps you should re-read my posts! I have said that what people post on this board will NEVER move the market.

As people have already pointed out, I am unlikely to buy DEB - unless as I said there is a reason to.

If I have posted otherwise, please quote me and provide a link.

Otherwise, please don't let me distract you all from making some factual, informed and well qualified posts on the subject.

Perhaps I post on here more than other shares because this board is more active? Or perhaps because of the same reason you do?
Why would I have a reason for being dishonest about my motives, I have a watch list, this seems to be amazing for you but I don't jump into an investment on the back of a Sun share tip, I watch (yes using my very funny watch list - a facility my stock broker seems to think is a useful addition to their app), I learn from as many sources as possible, and then I make a decision.

Most of my decisions are not to invest - I'm sure this would also make you LOL?

Congratulations BTW on your successful break even - it's clear that I don't have much more to learn from you or this conversation.

Oh dear, this is getting silly,

It's on my watch list. And yes, I'm not likely to buy or trade at all, UNLESS there is a reason to.

I may (although it appears quite unlikely), learn a reason to trade from this board. But all I read are sour grapes from people I assume are panic holding a loss. If that is the case, I am sorry for your loss and I hope you recover it.

Further more, my posts are NOT negative, they are only factual and opinion - I'm interested in this company, I strongly believe in buying what you know, and I have known Debenhams for a very long time.

THAT IS WHY I AM HERE.

HK85,

Is that the whole article you posted? Or just parts that meet your liking?

I posted part of the article (guilty as charged) as it was relevant to the previous post, without being too wordy. Then I added the link for guys like you that want to read the full story.

I have no long or short position and no agenda here, although I must admit, there is some entertainment value on this particular board.

Smartie,

you miss my point, all my "de-ramping" as you call it, comes from respected publications (I use the word respected with some licence when it comes to the Daily Mail). I name my sources and add some opinion. I believe we should all look for reasons NOT to trade.

However, if you strongly believe that my posting in this "inexcusable" way is affecting the share price, then I will make things right - just for you.

On Monday, everyone will realise that the "news" and Broker ratings are all fake. Everyone will realise the value of DEB and that will create a bidding war, pushing the share price upwards beyond all expectations.

Don't be suprised if the share price reaches 25p before Wednesday, 50p by Friday - it can only be upwards from there.

Source: just wishfull thinking from an alleged "de-ramper"

Once again, I challenge you to post something that is backed up by more than shallow insults.

Everyone else, forgive my sarcasm and DYOR.

HK, it can only wipe out the loan if a buyer values it (and wants to buy it), so far, nobody seems to want it;

"Debenhams has put on hold its plan to raise cash by selling its Danish Magasin du Nord chain after failing to receive strong enough offers. It has not ruled out any options to secure its future, including an insolvency process that could speed up a plan to close up to 50 of its 165 UK stores."

This article also raises issues around the debt;

"The credit agency Moody’s has said Debenhams will struggle to refinance its debts without raising new funds from shareholders as it warned creditors of a higher risk they would not be paid back by the retailer.
The department store chain, which last week said it had net debt of £286m, is battling to reach a new deal with its banks this month after a difficult Christmas capped off a lacklustre 2018 during which it issued three profit warnings.
In a note explaining its decision to cut Debenhams’ credit outlook to negative from stable, which will make it harder for the company to borrow money, Moody’s said the action by two key shareholders after a dive in the company’s share price was a mark of dissatisfaction among investors that could hinder access to fresh capital."

Source: https://www.theguardian.com/business/2019/jan/17/debenhams-rating-cut-raises-fears-of-creditors-going-unpaid

Smartie,
Do you really think you or I could shift this share price with words? I'm not long or short on DEB, it's just on my watch list and I like to look at both sides before making a trading decision.

What I post is news from named sources and my opinion - feel free to make an ACTUAL response rather than just claiming "foul play". Post some numbers, support them with evidence - please post something that is USEFUL to other people.

Make the argument to buy. I'm happy to listen and invest if you convince me.

Any thoughts on last weeks price movement?

The update was positive, albeit a little short and lacking detail (that will come in the annual report), great to see strong sales uplifts from all channels.

There were two broker updates also this week, the only thing that continues to concern me is the bid-offer spread.

Does anyone think HOTC will list on the main market (rather than AIM), I'm not sure what cost/complication this involves, only that the main markets have more strict requirements for reporting??

Hi Trent,
the SP has followed this pattern at previous market updates, I'm still short on MARS and holding HOTC which gained a bit after a good trading update.
If the pattern holds, it will recover again to £1 or above I believe.
The MARS debt strategy seems sensible as you say, but it does limit market expansion and possibly (new opening) sales, but should improve profit.
I am watching for an opportunity to get back in before the next XD date.

Well said Upside, I appreciate your comments and other posts, which seem well qualified.

I have always maintaned that this board will NEVER shift the share price and the only dangers of ramping or de-ramping are that someone may get sucked in by ridiculous speculation, such as the share price hitting 25p or MA making a bid of 25p!

The stock markets are efficiant and if this stock was worth 25p now or at some point in the near future - it would be in the price - i.e. it would be close to 25p now.

I think it's great to share information (with sources), gossip, opinion, hopes and dreams - but I believe it is unfair to mislead in-experienced readers / posters.