Member Info for Jimbo_Jet

Pent-up demand has prompted queues at some shops as rules are relaxed in England after a three month lockdown.

Long queues were reported outside Primark shops in London and Birmingham ahead of their 8am opening time.

https://www.bbc.co.uk/news/business-53044826

I've bought again on the drop, good opportunity IMHO. Would expect queues outside the shops on Monday which will likely make the news.

https://www.bbc.co.uk/news/uk-52984687

All non-essential shops will be allowed to reopen in England on Monday, the business secretary has confirmed. Alok Sharma said "we continue to meet" the government's five tests for lifting coronavirus lockdown restrictions.

He said retailers can open as long as they follow safety guidelines, or they could face enforcement notices. But asked about the possibility of reducing the 2m social distancing rule, Mr Sharma said "we keep these matters under review" but did not give a date.

https://www.thesun.co.uk/money/11730995/next-launches-50-off-sale-plans-reopen-25-stores-june-15/

NEXT has launched a huge sale to get rid of some excess stock before stores begin to reopen in just over two weeks' time. The retailer has slashed the prices of hundreds of items across its adult fashion lines - with most items 50 per cent off or more.

The sale comes as the store confirmed it will be reopening 25 shops from June 15, in line with the changed government guidance. As shops try to clear excess stock, they are slashing prices - so if you were looking to pick up some new clothes, you could end up grabbing a bargain. While the sale is currently just online, it's expected big sales will be seen in stores when they open again too.

https://www.gazettelive.co.uk/news/teesside-news/could-next-next-retailers-plan-18288752

Retailer 'working on opening Home stores' and wants 'larger, out of town stores' such as Teesside Park to open first. Next has outlined its plan for reopening, after the government relaxed the rules on trading for homewares stores.

Two major chains - Dunelm and Matalan - have both opened branches on Teesside, after homewares were included on the "essentials" list.

Looks like my luck might be in, pog on an upturn at the moment. Fingers crossed.

GLA

Dividend reinvested at 177! Now fingers crossed for a bounce in pog!

GLA

Just checked and my Div has now arrived in my HSBC ISA, just biding my time for the right moment to reinvest.

NXT getting ready to reopen stores soon, from the BBC:

Big sales expected when clothes stores reopen next month

'Fashion retailers have been badly hit by the coronavirus crisis. Even those with robust online offerings have reported huge drops in sales.

Next, for instance, saw online sales decline by 32% in the three months to the end of April. Like others, it is keen to re-open stores, as soon as it is deemed safe to do so.

Next said: "We have plans in place for the re-purposing of our stores ready to reopen in a socially-distanced world."

Next said it will "prioritise the opening of our larger out-of-town stores first".

Their bigger size makes them easier to adapt and they have large car parks and outside spaces to manage queues, it said.

https://www.google.com/amp/s/www.bbc.co.uk/news/amp/business-52714699

NXT getting ready to reopen stores soon, from the BBC:

Big sales expected when clothes stores reopen next month

'Fashion retailers have been badly hit by the coronavirus crisis. Even those with robust online offerings have reported huge drops in sales.

Next, for instance, saw online sales decline by 32% in the three months to the end of April. Like others, it is keen to re-open stores, as soon as it is deemed safe to do so.

Next said: "We have plans in place for the re-purposing of our stores ready to reopen in a socially-distanced world."

Next said it will "prioritise the opening of our larger out-of-town stores first".

Their bigger size makes them easier to adapt and they have large car parks and outside spaces to manage queues, it said.

https://www.google.com/amp/s/www.bbc.co.uk/news/amp/business-52714699

Has anyone with HSBC got their dividend yet? Still waiting for mine and itching to reinvest before pog goes on another rally! GLA

I saw 190 briefly about 10mins ago :)

Was hoping for 180 this month and 190 in June so happy days!

In the last week Trump has come out as a fan of Negative Interest Rates saying they are a 'gift':

https://www.bloomberg.com/news/articles/2020-05-12/trump-says-u-s-deserves-gift-of-negative-interest-rates

but now even the BoE are apparently starting to consider them:

https://uk.reuters.com/article/us-health-coronavirus-britain-boe/bank-of-england-looking-more-urgently-at-negative-rates-riskier-assets-haldane-idUKKBN22S0VY

Just checked HSBC and I don't have it either yet.

Agreed LazyDave, this will not be easy or quick. Some airlines may start flying but if countries with low R rates opt for a 7-14 quarantine for people arriving not many people will want to fly.

I'm in here but for a long term investment only. My brother is an air traffic controller, and so I can say this with some confidence, UK air traffic is currently down around 90%. After the 2008 crisis he said it took 3 years for flight levels to recover. My cousin works for Google, in the airline flight search tool sector, and he says they aren't expecting a return to 2019 numbers for 3-5 years.

I personally feel that the recovery will be quicker than that but that's what people in the industry are telling me. Long term this is clearly a buy but I'm not topping up any time soon. GLA

Hi Razor, yes I've done the same. I'm trying all those apps I mention and some look really good but I'm finding that their prices can be 15 or 20mins delayed. Will let you know what I settle on over the coming days.

So I, like many I expect, are on the lookout for an alternative. It needs to be primarily a mobile platform but a desktop app would be a bonus so I would love to hear anyone suggestions? Ideally, I'm looking for a app which can show a list of live prices and a mini chart alongside the price like Webull which I found very helpful.

So far I've identified the following who I will be trying out but would love to hear other's thoughts on these platforms:

Trading View
Investing.com
Teletrader
StockSpy
Market Watch
Yahoo Finance
ADVFN

I have them all installed now and will be trying them all out.

Good morning all. Yes it looks like Webull is a goner for LSE as I have just received this very short reply: 'Due to change of vision from the higher ups, we will not longer be providing data feed for LSE. Sorry for any inconvenience.'

Unbelievable. By far the best service I have ever used and given less than 24hrs notice of them pulling the rug from underneath you. Shocking contempt for their users if you ask me and someone must have lost money yesterday because of this.

Thanks very much Spike. Frankly I'd happily pay monthly for Webull, I was so impressed with it. They even have a desktop app which syncs with the alerts, charts and lines you create on the mobile app.

Thanks for the tip on Investing.com I'll give that a go, Google Finance is a shadow of what it used to be so I need to find something else if Webull is offline permanently. Will let you know if I find anything out or find a good alternative.

Looking forward to reinvesting my dividend! GLA

Google charts don't seem to be working for me today and I'm not sure Yahoo finance is updating it's prices correctly. Is anyone else seeing these issues? Feel like I'm operation blind at the moment.