Member Info for JG68

Doubt they'd even consider a RI at this share price.

Wouldn't raise very much.

I'm hoping they're thinking of further cost cutting measures , further staff cull.

About time they started thinking about shareholders, or just sell the company.

Pokerchips

Many thanks for your thoughts on those points.

Interesting theory on the UK market, what I don't get is the timing each day coincides with US traders probably arriving at their desks, it just feels like a post US open assault on the Ftse, and probably Europe in general.

I would guess that most large US based traders are significantly in profit with probably limited upside there for the time being, so looking for easy targets to short possibly.

We're used to following their lead but this feels different.

And down 13% in 5 days.

What a scam market the UK has become.

2pm Ftse up 0.10%

3pm Ftse down 0.45% s&p up 0.2 Nas up 0.5

What the hell is going on here. Farcical

Pokerchips

One more question.

What do you think is causing our markets to fall everyday when being fairly steady, when the US opens?

Because its not their indexes, the last 3 days same pattern every day with their indexes mainly up.

Like clockwork, US opens and mainly in positive territory, FTSE starts to sink.

WTF is driving this everyday this week, its not even following them, is it just being shorted by US funds ?

Falls every day at US open time or just before.

Pokerchips

What's your thought on reason to sell NA schools between H1 and October?

Purely an increase in debt as discussed yesterday ( whatever the reason for increase) or something else?

And part of the reasons given for the FTSE going red when having a good day two times this week was US data, namely jobs yesterday.

Funny how they stay green and we turn red on their data.

That's how pathetic this market has become.

Taversham

It's solely the measuring mechanism of 2 quarters of contraction they're going by.

Media driven, doom and gloom, talk down the UK, markets listen, and shorters and hedge funds who want to lead up lower and lower win.

Eventually the media sentiment juggernaut will have to talk us up.

There's loads of profitable growing companies UK listed that are trading either in or almost at pennies. It's ludicrous.

This and CARD for example.

Longerguy

I kept hearing various US analysts on bloomberg saying that in history, central banks usually wait until confirmed recession, and markets generally don't bottom until during a confirmed recession, before starting rate cuts.

It would certainly apply here and in Europe but not in the US that seems to be on steroids.

So I'm expecting two things, one if there is a cpi uptick next week it will be followed by significant falls the following months ( without obvious red sea macro caveats).

And two if the economy here shrunk in the last quarter therefore confirming a mild recession, there is every chance that the BOE will cut sooner than they say.

I'm hopeful for the middle part of this year to derisk some of my larger holdings like MCG.

Ps longerguy

Don't listen to me if you wanna stay sane.

Did I?

Not sure I did with UK cpi expected to rise this month before falling rapidly the following months.

And the latest UK GDP figures announced also possibly highlighting the UK was in a mikd recession for the last quarter.

I can see this market dropping like a stone on that if it is the case.

Maybe eventually finding a bottom before recovering the following months.

It surely has to turn at some point.

Trades today less than 7000.

Zero liquidity, no one wants to invest in UK markets. They're a total joke now.

Good profitable companies such as Card trading in pennies. Shame on them.

Unfortunately we are all stuck with dog indexe that falls regardless of any positivity.

It fell twice this week on the back of data coming out the US, despite the US indexes surging ahead.

Today it's desperate to go down on German cpi data.

Ftse 250 can't buy a decent day if you paid it.

Horrible time again.

Pokerchips

Obviously without knowing the details of the reasoning behind the u turn and the reduced earnings target, other than what they stated ( increase in costs related to US driver training, and reduced earnings there and UK resulting in the 175-185 target), my gut feel at the time was an unforeseen increase in debt ( prior to the acquisition) resulting in the actions taken.

So I'm expecting them to at the least meet their revised forecast, but also announce an increase in debt, for what I have no idea .

Pokerchips

It's hard to trust that H1 report given the profit Warning not long after, and the sudden u turn on the dividend and decision to sell the NA division.

Maybe they had their fill yesterday.

I for one feel better that they're gone.

It's hard enough tolerating being invested in such a poor performing index, let alone being attacked by shorts!!

Think it was reversed yesterday.

Today's pump to 110 and dump back back to where we are is a mystery.

Looks like it's been reversed now, that short.