Some interesting large after hours trades today. They could spell some movement for the morning. I smell another short about to reduce. Excellent trading results will burn the remaining Shorts. Anything less & it will be Q2 before any big move upwards for the SP.
RE: Lombard - significant selling10 Jan 2023 16:27
Prices change quicker than I can blink 37, 38 , 39.9 may finish +50p at this rate. A high number of ATs is always a good sign if your on the right side.
Aldebaran - posting your SELL I guess. Not many joining in. Maybe you can BUY back in at 42p Looking like a Bullish week. Lets see if you can keep looking under rocks.
Retail sector is still being hit by the Shorts. I see increasing positions on Shorteurope. Until the economy turns positive Shorts are on a winner. Recession breakout starts Q2/Q3. SP will be volatile for most of this year.
RE: 2023 - Get ready for liftoff - a bull market is on the way6 Jan 2023 16:09
+110p this time last year. If I were a betting man, the SP will be 220p this time next year. Bull run will kick in Q3 2023. Until then, pick up all these free shares.
RE: Price downgrade - Morgan Stanley6 Jan 2023 09:33
Another online retailer - The Very Group (still private) is looking at a valuation of 3 to 4B with a turnover of 2B. A bit like BOO. An IPO was expected late last year but I think they will wait until Q3 2023. If they released 1B shares I doubt the price would be less than a £1. Makes you think where BOO should be (at least).
Feels like the fastest moving share of the day. Whoever got their predictions right, done well. Holding for 60p or above. Going UP for sure once the big trades are cleared.
Retail is high cost - high outlay & requires a lot of resources. No one likes working in retail hence the customer experience. Councils don't want heavy footfall & traffic in town centres & the future plan is not the 1970s, 90s or Mills. Future is small retail parks & online delivery. That may suck but you won't shop on your bicycles or scooters & so insist on the car. Those that walk to the shops don't buy that much. Biggest problem for economies in 2023 is growth. How to grow without an environmental impact - no car & no fast fashion! No growth normally equates to no profit.
2023 is also set to be the hottest year to date - Invest for the Bikini Revolution - get them in Ukraine Colours too but avoid the Russian ones.