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What does Denfos stand for? Could it be DENse FOsil?..…ea?, from the guy with ‘anus’ in his name???
Well at least I am not named after medication with side effects that seem amazing appropriate for you;-
Side effects of Denfos (70 mg)
Gastrointestinal: nausea, indigestion, constipation, diarrhea and flatulence. Says it all methinks
Tomtit as usual is misleading and blowing smoke up you know where. With regard to his post
"I am amazed that Nigeco and Janus can still show their faces here after urging people to top up at £1.20 only a few weeks ago"
All you need to do is look at my past posts and you will never ever find me urging people to do anything with regard to buying selling or giving advice. Like Nige, and like most others we give our opinions that should be read(if you want) and then ignored. I am though sensitive to his needs and jedclampit is right that we should not try to shatter his world. As I have said before this is all he has in life - a poster with no substance, no money, no life, just a narcissistic ego. Having said all that life is funny with him. I could never filter him as I need a daily chuckle.
n1shares"This share is considerably undervalued currently.Results due next week .It was in the 230's in January.No profit warnings since then should jump by over a third next week"
I love your optimism however I think the results will be a little more muted than your expectations. Totally agree undervalued but you have to put that in context with what is going on in the world and uk inflation. I think (and that's as good as it gets) that the results will be by and large positive but a significant rise will be hampered by the obvious inclusion of a statement that says difficult times ahead with inflationary pressures. I would love you to be right, lets see.
'Could explain the positive SP performance today. This could have bottomed last week. Onwards and upwards.'
increase might have been related to stories about increase in footfall over the bank holiday. Industry fashion reported;-
UK footfall across all retail destinations rose 8% between Saturday, 30 May to Monday, 2 May, compared to the week before, narrowing the gap from 2019's May bank holiday to an average of -8.3%.
According to the latest data from retail experts Springboard, Saturday and Sunday were the strongest trading days, with rises in footfall of +9.5% and 11.3% in consumer activity overall.
who knows.
owls
totally agree with emotional attachment. The selling aspect on a loss is easy (ish), I do thought struggle a little with when to sell when a percentage rise has been met as natural inclination is to believe it will continue to rise.
pokerchips
You give a real good overview of risk that I think is sensible. Many years ago I held SAGA and the share went down and down and I watched just hoping it would bounce. It never did. I sold at a considerable loss. Following that I read several books on the psychology of buying and selling and all of them identified one trait that traders are prone to. That is when a share rises there is a tendency to sell (sometimes too early) and make a profit (and why not) but much more significantly is when a share falls most tend to watch and hope it will rise again. Now for many such share do rise again and it can be a matter of holding your nerve, but sometimes it doesn't and losses are matched by months and months just waiting for a rise. Following my Saga (aptly named) fiasco of my own making, I now have a percentage loss in mind that I stick to. At the point of selling it can seem painful but each time I have benefited by buying other shares that have made up the losses. (also bear in mind such losses are good to offset tax liabilities. Now this works for me and clearly it has for you but depending on your personal circumstances even the long hold has its merits.
justnotworthit
if you maintain a life of negative and gloomy predictions then on occasions you will be right. Today is such a day for you to raise your depressing overview with wild predictions and in such a market that's easy. Now here is my predication that has as much basis as yours.
i)The price will go nowhere near £1 it will fluctuate between £1.33 and £1.50 and the next trading statement will see an increase in share price above the £1.50. ii)During this time and during the fluctuations you will continue to spout your half empty glass view each time there is (a few) percentage points fall. iii)Over the next 2 months there will be Sunday paper rumours of a take over that will amount to nothing with the exception of temporary pushing the price up by a few percentage points. iv)Broker assessments in a couple of months will acknowledge that the impact of inflation et al is having a lesser impact on MKS due to the type of customer. v) M&S will significantly increase its value range to further lessen the impact from cheaper stores. vi) In the coming months the war in the Ukraine will enter an end game that will satisfy no one except the markets.
Now I could go on but given that I have as much insight as you I prefer to leave posters with a little optimism. Don't bother responding just let the price dictate who the biggest idiot is.
Neil
"Janus1, You don’t have to justify having an opinion"
Pargraphs 1,2, and 4 reflect a thoughtful poster that in someways are contrary to the very first post you made in response to my original. Para 3 is not right but a reasonable and acceptable response to my initial address. lets leave it at that.
Trzymam kciuki
Really pleased with the share movement and hopefully its baseline has been met with on going forward momentum. Clearly there are difficult months ahead but like others I believe ITV has been battered unfairly. Agree with all the sentiment about the board and the need for realistic strategic direction.
numpty
no other accounts, just an individual with a view that clearly is not permissible in your world. I would be proud to be blocked by you for three reasons, the first is that this will be the first time in hundreds and hundreds of posts it has ever happened, this speaks volumes of you and not me. Secondly who cares? And finally I won't block you as everyone needs a laugh now and then.
have a nice afternoon.
Neil numpty
'Janus1 I suggest you go back to bed and climb back out the right side!!!'
Sorry did not note your comments last week as I tend to switch off when I see your name and ramblings, but, as you have addressed me I thought I should respond.
My comment was balanced and not like many that see a silver lining or dark day in any movement. You said
'Yes it looks that way b@xter-goid spot! But I would not be surprised at all if we wake up to a bid soon. It’s so cheap!' You have absolutely nothing to base that on except perhaps a finger in the air when the wind is blowing. just accept market forces, market reactions and sentiment. As I said earlier the company has consolidated and in time it will reap the benefits, no bid, no wishful thinking just good old management and economics.
By the way it's the left side.
never fails to amaze me that when there is a little movement the justification given is the potential of a bid. There is absolutely nothing to indicate this with any substance. Lets just be content with a company that like all retailers will have it difficulties in the coming months but fundamentally it is a company that has consolidated and will in time reap the benefits.
volcano
'man group is on a uptrend so x-divi wouldn't make any different today'
not quite sure what you mean. The percentage drop today correspond to the dividend so therefore (for today) it did make a difference. However if you mean it is irrelevant as the price is on an upward trend then I totally agree.
DavidWatkins. good post.
I think it is really difficult to see where the price is going. I believe it is undervalued even given market factors and ITVs finances. I do though worry that inflation and its impact on future productions linked to its new ITVX aspirations may keep on adding to financial institution uncertainties and their negative view point of ITV. This might just keep the price where it is or a little lower. Hope I am wrong.
'Contrarian123'
As I said Janus it sends a signal. But you may choose not to protest but suffer in silence whilst the Dame does not care about share price. It's a typical Brit trait
Two assumptions made both based on ignorance, stupidity or a view of my way or no way. Not suffering, not British, not interested in your constant attack of others but I do like to have my say when you attack other decent posters who simply have a view.