Member Info for leas

Queenie, they have made no comment in relation to a full refund although that was his preference. He has been told that if the holiday is cancelled an option to re book another holiday later I. The year or a credit note to be used in the next 12 months.
From a shareholder point of view it helps a little with cash flow but potentially damages the company’s customer relations. That said when you look at RYA and the way they treat customers with contempt clearly people are fickle and cannot resist competitive pricing.

Queenie, the good customer service will be damaged if they are not honest with their customers. A friend of mine has a family holiday booked in June to Turkey. There is not a cat in hells chance of a fully inclusive holiday going ahead in that month but they have made him pay the full amount.
They threatened him with refusing to return the substantial deposit if he didn’t pay the full amount but said he will get a credit note if cancelled.
They are clearly using this tactic to keep their cash pile. Needless to say he won’t be booking with them again.

The UT means nothing. It is brokers returning their shares to balance their books at the close of trading. The 2 'late reported' trades could have occurred earlier in the day as both were above the ask.

fleccy.

Plenty of other good companies outside of this sector. Imo Banking shares will recover but only when the economy picks up. Why not diversify?

Having experienced 2 crashes since the 80s the last couple of weeks has been a classic' bear trap'. Trump has played his best card and the market has largely ignored it after the bounce of last week. I guess many institutions were selling down (and continuing to do so) In my opinion the only thing in the short term that will see a reversal is an announcement that a drug already in use has proved a success in fighting Covid 19.
It may be brutal to hear but sell at a loss and sit on your cash in order to take advantage of the inevitable reversal. I have taken a 35% loss this year but confident I will regain it later in the year. If you can see any short term positives then hang on in but I am really struggling to see anything at the moment.
Good luck guys.

Wait until Q1 figures are out in the US followed by Q2 estimates. Not to mention inevitable profit warnings. Dividends are the least to worry about now if I was holding banking shares.
Don’t get caught in the ‘Bull trap’ Imo above 30 is an opportunity to sell in order to re enter at sub 25.
What I post is irrelevant to the share price direction but don’t let the big boys out to come in later at the expense of your hard earned cash.

Just listened to Donald **** talk about back peddling. Compared the UK to the US. Fails to mention that the US has 5 times the population.

C7 good morning.

I think with the current so called lockdown it highlights the pressure and anxiety you must have faced over the years. I suppose the only solace you take from it each day is that you are 'still alive and kicking'. (not forgetting punching)
I'm back in the UK in the NW. My repeat prescription has been upped from 1 month to three months, so not sure if the London Pharmacists are following different guidelines. Surely patient history would indicate whether or not a requirement to restrict is needed or not.
I have completely withdrawn from the markets now as we are in unprecedented times. Hopefully SCLP will buck the trend as it did on Friday. Coincidently, in the last financial crisis I sold out and bought IMM as a 'port in the storm' and made a very handsome profit (eventually) but I no longer have the desire to research as much now.
Will of course read the bb's from time to time but have little desire to post other than to wish you and Bermuda all the best.
Good luck one and all...

leas

Is there not a risk that the expected dividend may cloud a few investors eyes and miss the opportunity to sell before the markets really do come under pressure. I believe we are in 'bull trap' market condition at the moment with last week's bounce drawing in more private investors as institutions sell down.
If Donald's bailout package does not reverse the DJ current trend then the FTSE will mirror all the indices. Q1 results will be announced shortly in the US which may be grim reading followed by revised Q2 figures and probable profit warnings.
I managed to avoid the 'bull trap' in 2008 having got burnt with the Dotcom bubble.
This of course applies to all investments you may have with companies but the dividend promise is a carrot that can become very expensive.

Good luck guys. See you on the other side.

gemrusty. I have spoken to them and they told me a credit note will be issued for use within a 2 year period. When asked about cash return for my deposit they told me that they cannot give me any guarantee on timeframes.

Morning guys, best of luck to all and your loved ones. No doubt LSE bb will bring some solace to many as we approach the inevitable lockdown (cannot come soon enough) Perhaps it will bring home to the majority how lonely and difficult it can be being housebound and how much we should enjoy our freedom when we are through this crisis.

;) sorry couldn't resist...

TF,
Thailand, have probably built up a resistance to Coronavirus through the centuries of eating bats, rats, pond life and every other creature that is not fast enough to run from the deep fat fryer.

I don’t think we are witnessing the collapse of Jet2. Far from it, did you not read yesterday’s RNS. This. Is being shorted, to what level. Who knows.

Jace, I think the Transport Minister is due to make an announcement today or tomorrow on a plan to help the travel industry. However, after yesterday's RNS DTG seem well positioned in relation to cash. I would expect a rise in the sp after the Minister's plan to secure jobs in the airline industry.

Hi Balerno1

You may only have one of the symptoms, all of the symptoms or non of the symptoms. I go running every day but last week my muscles ached and I felt tired. So for the first time in 5 years I walked my usual route for 3 days.
Did I have covid 19, I thought I did and probably if I was Tom Hanks or David Beckham I would have paid for a test to be carried out.

The 3% figure you arrive at is a false interpretation of the data. You assume that every individual has taken a test but in reality the mass majority of those infected have not taken the test. It would also be safe to assume that many do not have any symptoms at all and carrying on with life as normal and unwittingly spreading the virus.

Autonomy1, I don't fully disagree with you but I do not see any holdings RNS informing investors that the 'big boys' are buying shares or institutional investors increasing above their 3%. In fact the last holdings RNS was in 2018.
Herd mentality and hysteria on the back of covid 19 is the reason the sp has lost 75% of it's value not the 'system' If the 'big boys' start buying then imo pi's should follow the money.

WGR, where is the cash? Under your bed? lol

Paul, for the first time in 40years I have no investment in the markets. I don't think they will go bust but imo the risk is with contagion. A run on a bank that is not as robust as LLOY may cause quite a ripple throughout the sector. My only humble opinion is anyone with over 86k in any one institution is to reduce or spread the risk.

Appleby, that is not strictly true. There is a real danger of contagion here, only takes a run on one bank in Europe or the US to stop cashflow. Some business measures will be announced very shortly that should ease concern for companies like MARS.