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More gloom
https://www.baha.com/House-passes-TikTok-ban-bill/news/details/61646857?internal=1
Well the TikTok shop could be short lived.
More florals needed Daytradenovice.
Only "Duck Duck Go" is suitable for BOO searches & you can pick most things.
For instance, I never knew before that Boohoo had a shop on TikTok. I'm not linking it for your computer safety. It seems popular though - access it through a VPN to be safer.
It would appear that companies with on street stores are taking hit after hit. Is there any point in running a store?
There used to be a diverse range of small independent shops that made each location around the UK special. They have now long gone & now we have online shopping where individuals can now make a comeback under a banner like Boohoo, Temu, Amazon etc.
If the government doesn't support business in the high street it will just be the major cities with the big shops.
https://www.retailgazette.co.uk/blog/2024/03/currys-spring-budget/
Another 33p day tomorrow no doubt.
Technically correct but has the verisimilitude of thought that a rise has taken place.🤓
Not a normal trading day anyway lets see where she blows tomorrow. Down anymore than 99% then its kaboom.
Achieved some short term market attention if nothing else.
Its the cheap Chinese goods that keeps the world working. What's cheap that comes from the West? I do Temu as well - money for plastic as I see it. Provides lots of work for the UK service sector.
Asians love making stuff. US & EU love engineering stuff. Aussies couldn't give a Fosters.
All I can see it that the gamble of a cessation of the windfall tax would end. Looks like it got extended to 2029. Having a SP in the 1/100ths does appeal to more investors as most mobile trading platforms can display the correct value.
Budget has given a leg up for BP. therefore not so bad.
Yes a few good days of sun & high temperatures is all that's needed to improve the BOO SP apparently. It has been proven in the past to work many times. So spring better get a move on. Daffs are spouting up everywhere so think BOO - Sunshine - Big profits
Just what we need Midway - a sinking ship & the bow goes up briefly.
Personally I think the SP will now remain at 33p in to next week. An outside chance of a bounce maybe Friday. With Easter holidays coming up soon I think the markets will slow down a pace.
Wet weather is bad for fashion - https://www.retail-week.com/brc-kpmg-retail-sales-monitor/retail-sales-dampened-by-one-of-wettest-februarys-on-record/7045727.article
EC - I have every bit of confidence in your determination to see AGL to make it, although the SP is not helping you at present. I will be back in when the next RNS is released that can give the market what it needs. If the SP turns & makes it back to 18p then AGL will be on a good run. This week could be quite good for shares so will shall see. My prediction for this week is 15 to 16p with the emphasis on a falling SP. More new posts on this board may help to change my view.
It all depends on where potential bidders see BOO being in the next few years. Plenty of competition out there & its a messy business dealing in rags to personal items. Some buy companies just for the sake of it. Revenue is still dropping and getting above £2B looks like hard work when the economic outlook is still in slow go mode. Now is a perfect time for a bid but it would need to be a big one.
You missed the exit door that is why you are still here.
Like most cancer diagnosis it is a hit or miss game & there are many players in this field. The wow factor has gone a bit woo woo & the SP is heading for 12p in a slow decline. Still there are those that take the highest risks & get the best rewards but not all are winners.
Eyes up - this week is looking good. A dash for 38p now possible.
World markets a greening up & futures in positive territory.
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-nasdaq-hits-high-taiwan-semi-jumps/
Budget on March 6th - best ignored as its not worth drawing brain cell attention to. Liken to a side show where one juggler has one ball & the other has six balls & a banana - you only focus on the banana!