Member Info for JG68

Thanks Aimmaster, sometimes it's good to read bullish view points and a reminder of exactly what's what.

Do you expect a disposal RNS this week?
Also he stated in the email sent that the market expected to hear a reduction in net debt, but this was not possible at the time as monies were not received until January .
Are we likely to hear about that prior to March or in full year accounts?

This isn't going anywhere anytime soon.
Other payment sector companies outperforming this on a positive day.

This is a paragraph from recent email from Stuart Morgan
So in terms of reassurance: we remain on track to reduce debt this year and the disposal process is going well; we expect to have grown in 2021 and certainly in 2022, which represents a turnaround for the business; and we also expect a major improvement to positive free cash flow next year.
Do you read that as positive cashflow in 2022 this year or 23 next year?
This would be a backtrack fro what they expected.
Also I am now fearful on a day like when everything is up, wall of blue, that this sp action is Schroders further reducing.

For a share that supposedly tracks the ftse, it's hardly encouraging on a day like today when the ftse is up 1.7 for it be now be red.
Losing the will to live holding this right now.

I still think an invasion of sorts is quite likely, the West is never going to concede to his demands, you don't amass 100k troops on the border for nothing, and he will need to act in a way that he doesn't lose face.
I looked back to Feb 2014 when he last invaded Ukraine, don't think markets made too much of that at the time. But with sentiment like it is, wouldn't be surprised if they react like a nuclear war is about to kick off.

Me too, was originally in at 124 but doubled down couple days ago. Now will just hold as this could be a great 1-2 year bet!

Yeah probably best left and block out the daily noise.
Hopefully due a TU soon.

"China gets the flu "
Then it will be a case of " Bring back Trump"

Just seems we are forever hostage to what happens over there, America sneezes and the ROW catches a cold.

US markets selling off again.

Here we go again.

About the only one in my portfolio that hasn't bounced back.

I know its my worse performing share for over 6 months, held up wellish yesterday, and no momentum following an excellent trading update.

Only consolation today is the Dow and Nas have clawed back most of today's losses. Nas was 4.5% off earlier now only about .5%.

I guess when you think about it, it's had over 30% correction since December, even another almost 10% today still leaves it in the 30s.
They talked about 50 million ongoing sustainable cost savings each year to partially offset inflationary pressures. It's the other part of that, plus the covid impact on capita experience that is worrying me re the results. But again experience is earlier in its transformation.
This is by far my largest holding, and although I am sitting on a large loss at present, I too can't see them going bust, I could see it as a possible target especially when they confirm the debt has been reduced, and I feel the upside potential is far greater than the downside risk.
It's just stressful sitting on a large holding that is susceptible to large daily cash swings either way.

I have been reading views on the Lloyds Board, people talking about the Nasdaq not far off bear territory etc etc

Does anyone feel that the UK markets are at risk of going into a bear market or are we caught in the crossbars of an overall market correction due to Ukraine, covid, inflation and the fed raising rates, or all of the above ?
From what I've read bear markets are not very pleasant, and can last from weeks to years, however some sectors do fairly well.
Anyone's thoughts would be appreciated.

I have been reading views on the Lloyds Board, people talking about the Nasdaq not far off bear territory etc etc

Does anyone feel that the UK markets are at risk of going into a bear market or are we caught in the crossbars of an overall market correction due to Ukraine, covid, inflation and the fed raising rates, or all of the above ?
From what I've read bear markets are not very pleasant, and can last from weeks to years, however some sectors do fairly well.
Anyone's thoughts would be appreciated.

Spot on Aimmaster, what a nightmare day.
Again I topped up a few times today, and still ends lower.
At least my average is below 40 now, but I've got too many shares in this now.
Stressed doesn't even touch the sides.

He's so angry at all the amateur clowns on here, and it's not a dip, it's total collapse!!!
On such a painful day, this made me chuckle.