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Fully concur buy the dips.. the old adage - buy on thunder sell on the sound of bells.
Tops up along the way, yes please - anything between 1.90 - 2.10 is a great price if you reasonably think this will hit 2.50 in the near term
Sorry to Jump in, but the level of scaremongering and self defined experts is laughable. From day traders to insiders who time the market to perfection is utter BS
The people making the most noise about the ‘worries and struggles ahead’ whilst protecting investors and just ‘presenting a balanced view’ are unsurprisingly the ones who sold out at an all time high and bought at an all time low. Utter tosh so tiresome to read...
If you obsess and watch any Sp daily it will rise and fall. Am I in this for the long haul ? No I’m not but am I in it for each day and price movement .. No I’m not either.
As a minimum look at 6-8 weeks. A number of key factors will either make this go to £3 or back to £1.50 of which none of us have any control either accept the risk or sell out or buy in.
Trans Atlantic corridors
Gov travel roadmap April 17th
Vaccination rates
Further mutation spread
Yes I agree don’t ramp it’s tiresome or deramp equally tiring. Have a reasoned discussion debate with data. Is £2.50 realistic by April, absolutely, £3 is pushing it in my opinion but who knows ?
This share is driven by sentiment and possibility at the moment actual profit and service delivery isn’t part of the equation in the sp currently. Yes that will change I’m sure in time.
Not worth buying a single share until the drop levels out... I think it’s been 11 red days with 2 minor blue dead cat bounces.
£3 looks a decent buy in, I’ll sit it out for a top up, if it never gets there no problem as I’m already in.
@micky - very good post, although I think the nas listing has always been a bit of a red herring with boo. They don’t really fit the mix of tech, whilst they are a growth stock, ultimately they are an online clothing company nothing that special to cause a us listing.
The city don’t like them, no different to a scene out of layer cake they will continue to be suppressed and vilified.
These stories have no substance, but every seed of doubt that is planted puts off serious investors. MS sold half and haven’t added anymore and the sp hasn’t given them much since their investment.
For all the talk of amazing sales figures etc, it makes no difference to the sp. this will waddle back to £3 and then go back to £3.70+ on results and then there will be a mass sell out as there is every set of results and it will retrace.
How to break that pattern ? I don’t know
Come on people - BASICS, try facts rather than scaremongering fake news / understand the very basics of investigating, thresholds etc
Liberty raised a complaint to us customs
Customs reviewed the Initial complaint and authorised further investigation to see if it meets the minimum threshold to launch a full investigation
Therefore at this stage BOO are not under investigation. The complaint is being investigated to see whether it will progress or not
End of...
@adewins - no sensible PI or institution is going to stick significant money into the company until the Us customs agency confirms they are no longer investigating and the matter is closed.
No doubt Boo’s legal team will be pushing for this as a matter or urgency citing the financial impact on the company let alone reputational risk
You and TCM are gonna be so disappointed when there is no online sales tax in the budget tomorrow. Ha ha it’s bounce back to £3.80+ on results and you will all still be on the side lines throwing your ridiculous one liners in the mix scaremongering..
Look past the media hype and see the facts -
3 cases, 2 already traced.
Brazilian variant - more contagious, no more serious
We will see infection and spread for the rest of our lives FACT, it’s about controlling the morbidity of the disease and hospitalisation rate. Never we will see a total eradication
An annual covid jab will be no different to your flu jab. Not a problem I can deal with that along with the existing immunisations we already receive MMR, FLU and now Covid
I agree with you. Although I think the whole government narrative will change lockdowns are no longer possible V civil unrest and economic ruin. The game changer was deaths from covid and hospitals being overrun in ICU’s etc.
Remember new variants will emerge every year no different to flu, the flu vaccine is changed each to add the most notable of it’s new mutations. However the flu vaccine doesn’t protect against every new strain of flu. The same will be said for coronavirus
However we should really refer to our own in house world leading virologist TCM for further guidance before our woeful inaccuracies and mistruths are set for all to see !
Back to being half serious - yes there is a risk of further complication but the main economic drivers point to a return to some normality.
The fear around inflation as we know relates to the abundance of saved money and speed of which it will be fed into the economy once the world opens up
@Trader, wider sell off relevant to growth stocks over value stocks potentially yes. But the PE is not particularly High in Boo compared to 3-4 years ago when it was trading at close to 90 PE.
The immediate issue for Boo is the budget next week and the lack of Institutional investment. The longer they keep missing targets like releasing the date for the publication of all their suppliers the more seed of doubt that sows that they are making significant change.
A 10% drop will see them Back at £3 which seems entirely viable with a rise back to £3.70-4 into final results. I don’t see any change to the pump and dump brigade into the run up. I won’t be holding this time on results day. If it goes up so be it, I’ve learnt not to be greedy with the 20-30% rise from £3
He won’t.. nor will any of the directors, they got crucified for doing that in 2017 and after the sp crash they went on record to say no sells till the sp was fully recovered - it’s not held any of the last 4 peaks and to be fair to them they Haven’t sold either.
However TCM you sold at £3.64 didn’t you ? So why all the concern over a stock you no longer hold? Genuine question
That board is full of weirdos i wouldn’t worry. The main hurdle for boo is the budget on Tuesday end of story.. once we are through that and can assess the impact we will see where the sp sits, My personal view it will settle around £3.10-3.20 with a 9 week run into results which is a long time in this current climate When are the Board going to release the list of all suppliers as a public document? This is now overdue and again doesn’t promote confidence with L2’s buying in.
Genuine question, why is I nerve wracking ? We know as much as any single Pi can, that the sp will be back over 2.30 / 2.50 by June.
So therefore why does it matter whether you bought at 1.80-2.00, profit is profit and the greatest attribute that is required is the one that defeats us all
- patience
Yup I fully concur, but I think the salvation here is the current SP. The rises have actually been fairly minimal against a backdrop of prolonged shut down. Tech had an outstanding year and is now seeing money leave and move to hospitality and travel.
I suppose the over arching piece for me is what price are you looking for ? If we are saying 3.50/4/4.50 then yes I concur we could be some time off that.
But 2.50 by June seems entirely viable with the opening of Us corridors as a good catalyst to achieve that. The European routes may be trickier but BA have a number of world routes to offset that
It’s like anything with the market. We make the money catching the trend and selling out at a time which suits your own individual circumstances
This could be day traded for some time to come. Personally I’m no good at day trading have tried before! I have faith this will rise by June so I’ll sit tight through the ups and downs and reassess each month
Mike the market rise is on the sentiment over the reality as perverse as that may sound.
The hard truth is that airlines and indeed 99% of business will be paying off Covid debt for a number of years before they reach pre covid profit numbers.
The fundamentals currently in Relation to the Sp are around a return to normal operating procedure or as close to. The sp is currently around a 1/3 of where it was 12 months ago.
It rose to £3.30 in June based on a feeling the world would return to normal far quicker than it did. 9 months later we are finally in that place and the Sp is below £2
The next few weeks will be crucial as the sp builds on the speculation, remember the old adage - buy the rumour sell the news
Unless you are a day trader ignore the noise with this one. Anything below £2 is a steal, go and look at the 12month chart, this sp has been descecrated! Tech were the big winners of 2020, the tables have turned in the last 2 weeks. The Nasdaq is getting Smashed the world is opening up. Yes of course there is the always the chance of a new variant or drama associated with a vaccine. But essentially we are on the right path to travel and normality returning Therefore hospitality / Travel / oil will stage an awesome comeback this year. Sit tight till June (less than 3 months) and I believe you will see some significant return on this sp