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If you read the article Omerta it wasn't saying that the wave in India wasn't bad, it was saying that the wave in India isn't necessarily caused by the India strain because the India was strain was found months ago and so for us in the UK its either a case of the rise in cases in India themselves are the cause in the increased variant numbers or because it took a long time for the numbers to increase it's not as bad a strain as say the Kent or South Africa variants which so far we've been able to handle.
Now if we had shopping malls in New Delhi then you're comment would make sense but as the original article said it's Indian variant is probably not one of the top tier mutations out there. And thats a good thing for us.
Dr Jeffrey Barrett, director of the COVID-19 Genomics Initiative at the Wellcome Sanger Institute, said that the variant of the virus first identified in India should be "watched carefully" but it is "probably not at the top tier of mutations that generate the most concern".
He told BBC Radio 4's Today Programme that the first cases of the variant were identified late last year.
"This variant has a couple of mutations that are among those that we think are important that should be watched carefully, but they're actually probably not at the very kind of top tier of mutations, for example in the B117 - or Kent variant - or the South African variant, that generate the most concern.
"And in terms of spread, clearly this variant has increased in frequency in India around the same time as their very large and tragic recent wave.
"But I just don't think we know yet whether there's a cause and effect relationship - is this variant driving that spread? Or is it happening at the same time perhaps due to a coincidence?"
He added: "And one thing to note is that there were some sequences of this variant B1.617 seen late last year. And so in some sense, if it really is driving this wave, the fuse has been burning for quite a long time, which would make it look, probably less transmissible than B117."
https://news.sky.com/story/covid-news-live-latest-uk-updates-cancer-research-delayed-two-years-by-coronavirus-and-australia-and-nz-form-travel-bubble-12279922
"Imported coronavirus variants are unlikely to set lockdown easing back to "square one" because immunity from vaccines "won't just disappear", according to a key figure on the UK's immunisation committee.
Professor Adam Finn, a member of the Joint Committee on Vaccination and Immunisation, said he expected a "gradual erosion" of vaccine protection as the virus evolved, but not enough to "scupper" the Prime Minister's road map, as one leading scientist had predicted.
On Friday, Imperial College's Danny Altmann said "we should be terribly concerned" after 77 cases of a potentially vaccine-busting Covid-19 mutation first discovered in India were identified in Britain.
"They (variants of concern) are things that can most scupper our escape plan at the moment and give us a third wave. They are a worry," Professor Altmann said.
Prof Finn said he thought the immunology expert had been "a bit pessimistic" with his assessment."
https://www.google.com/amp/s/www.telegraph.co.uk/global-health/science-and-disease/coronavirus-news-covid-indian-variant-vaccine-uk-cases-deaths/amp/
I guess it depends what you're hoping to achieve ximtwo, if you were looking to day trade then Morgan Stanley's departure wouldn't help but if you're looking at a longer term investment then their departure would add stability to the share price. We all know they sold up to help cover their billion dollar loss so i don't think we have anything to be concerned of from their departure.
If you're looking to hold until the end of the year the best advice anyone could give you would be to wait and see.
You are right that if things return to normal regarding the dividend then you will have a nice earner but i would caution that these are unprecedented times. Hammerson's leadership seem keen to pivot where they can to carve out a profitable new future for the business and by the end of the year you'll have a bit of a better understanding of how successful they've been. It may take time to realise their plans but if they do it right and imo they are making a good start of it then you could have your dividend earner as well as enjoy some decent share growth. Good luck.
Makes sense why Morgan Stanley pulled their investment to reduce their risk exposure and free up capital. Looks like they need it.
https://www.theguardian.com/business/live/2021/apr/16/china-record-growth-recovery-ftse-100-dow-bitcoin-business-live
Sharecast News) - Hammerson said footfall at its shopping centres was 60% higher than in the week after the first lockdown ended in June 2020 as shoppers returned to stores.
Non-essential shops were allowed to reopen in England and Wales on 12 April after three months, leading to queues outside some leading retailers. Struggling store groups and retail landlords are hoping for a spending splurge and a sustained recovery after a year of lockdowns.
Mark Bourgeois, Hammerson's managing director for the UK and Ireland, said: "It's been a really encouraging start. After an incredibly difficult year our teams have worked really impressively to get these places to be safe and welcoming for our brands and customers.
"In footfall terms we've been 60% up this week on the equivalent week after the June lockdown so clearly an encouraging number."
Bourgeois told the BBC's Today programme that shoppers felt safer because of the UK's successful vaccine programme and "there's more cash in people's pockets and they feel perhaps more confident to spend".
You are just over complicating it ximtwo, whatever you're trying to get at doesn't really matter. The whole point is that Morgan Stanley are out and have no controlling interest in this share anymore. That means no more needle moving actions being made to manipulate the share price down.
They already dumped their shares days ago hence the fall in sp and the sp has bounced back because there were buyers willing and able to scoop them up. Now we don't have an institution day trading at the expense of retail investors. It adds a little more stability to the share price.
I'd imagine the thinking is that these were useful during the lockdown due to click and collect and the presence of supermarkets but now that shopping centres/malls will be irreversibly open then pent up demand will be for places that people haven't been able to go to.
Don't forget what Hammerson is hoping to achieve in the future, centrally located aspirational spaces that combine retail and entertainment with residential & office space. Bringing customers with disposable income to them. The out of town sites, while nice, probably just don't fit in with Hammerson's future plans and it makes sense to reduce the debt pile before any potential interest rate rises.
It depends on how highly they view the assets, if they are just hoping to scoop up some bargains thats one thing but if they are willing to pay for the prime real estate maybe even out bid a Canadian buyer for example then thats another. Certainly can't hurt Hammerson in negotiations when selling to have such a prolific buyer around.
Something most of us probably suspected but couldn't say for sure, useful to add to the case for reopening.
"Almost a quarter of registered Covid deaths are people who are not dying from the disease, new official figures show"
https://www.telegraph.co.uk/news/2021/04/13/quarter-covid-deaths-not-caused-virus/?li_source=LI&li_medium=amp-pages-1
Bit presumptuous to assume you know what the day will hold at 9:31 am steven when already just as quickly as it fell it's risen back up. Obviously there are forces at work who want to pry shares from weak holders hands. Lets not forget that last time we had a reopening of the economy like this it took a week to play out it's high. It rose from 33.87p on 29th May 2020 to 63.05p on 5th June 2020.
I'm not saying it will hit those prices because since then we have had a rights issue and things have obviously changed but certainly you are a bit presumptuous to gloat when things have only just begun.