Member Info for JKG53

Big rise on the back of a cleverly worded statement....all smoke and mirrors?

If inflation is being fuelled by increases in the cost of essential items like food and energy, often at levels above the quoted average rate of say 8%, I just don't see how interest rate increases will reduce inflation. People still need to buy food and energy to survive. Increasing rates will crash the struggling housing market even more, and sadly thousands may lose their homes because they can't afford increased payments.

Or am I totally missing the point?

https://www.telegraph.co.uk/business/2022/06/16/unilever-accused-hiding-ben-jerrys-israel-boycott-shareholders/

https://markets.businessinsider.com/news/stocks/stock-market-outlook-russia-ukraine-mohamed-elerian-war-investors-oil-2022-3

Retail buyers jumping in to buy on the dip perhaps? May have jumped the gun.

High inflation in energy and essential items like imported food are likely to reduce people's spending on non essential items like leisure travel, holidays abroad etc. People are concerned about the possible escalation of war in Europe, and perhaps see cash as a safer option than shares in such uncertain times?

So much for Unilever being a good defensive share, rubbish!

Reason:

Moderna — Shares of the vaccine maker jumped nearly 11% on Thursday after Moderna reported better-than-expected results for the fourth quarter. The biotech company earned an adjusted $11.29 per share on $7.2 billion of revenue. Analysts surveyed by Refinitiv were expecting $9.90 in earnings per share on $6.78 billion of revenue. The company's CEO told CNBC that he thought people would need another Covid booster shot in the fall.

Up 12.5% today, despite the Ukraine invasion.
Not sure why.

One has to question the credibility of the current leadership if they continue with this deal when the SP is crashing.

Good point, expanding populations is a major factor linked to carbon emissions. I also think the growing problem of mass migration from poorer countries to the richer West is another factor.

Hmm, just heard the deputy director of Greenpeace who mentioned Shell in the same breath as saying we are past the point of continuing to use oil and gas, and offsetting the effects by planting trees.

OK I thought, but we don't want to freeze to death in winter and people won't give up car use and air travel easily. A strong dose of realism is needed, but I agree drastic measures are probably needed.

2) General inflation of costs for all parts of the supply chain, from raw materials to manufacture and on to transport.

.....these will surely be passed on the the consumer at some point.

Perhaps most Unilever investors are too old to have IT skills?!

Whoever assesses the US oil inventory is well placed the manipulate the market....their results are often a 'surprise.

Well his performance has been appalling according to the FT.

https://www.ft.com/content/3229ee68-157f-4e1a-abc4-b81ab49b5d79

Yes, be brave when others are fearful I guess.
Ridiculous that they should get involved with political spats that affect the share price so badly.

I assume your average is about £23. I can't see the SP getting back to that level any time soon, if at all.......hopefully it will, but there is a lot of uncertainty about the world getting back to normal, and the future demand for oil.
I would consider selling if I thought I could invest elsewhere and make a better return......but don't ask me where at the moment!

What happens when Wall Street opens will be determine which direction the SP is heading.

Just noticed that in the last year Unilever SP has lost about 10% and Diageo has gained 35% and has risen above pre Covid levels. Unilever is floundering over 20% below pre Covid levels.
Two blue chip UK companies, different retail sectors, but why is Unilever doing so badly, relatively speaking?