focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Gusto thats the exact feeling that they want to produce in you and other investors. If it goes below 30 they want you to despair and sell up at a loss, making you think that the share price will never recover. It's at those moments when enough people have sold they then turn around and buy big and let the share price fly so they can reap the rewards.
They could even be lending to shorters, letting them drop the sp and then will turn the whole thing around and catch them out when they pump the share price. It's all games and you just need to wait for the right opportunity to buy and sell, but never sell at a loss because thats what they want you to do.
Perhaps but the market is forward looking and if recovery can start taking place sooner rather than later the sp rises because it's dramatically undervalued to where it should be in 2022 or 2023. In the short term this will rise as a reopening recovery play just like the other shates that took a hit today.
You only have to look at the news in Wales, today supermarkets were allowed to sell non-essential items again and they were queuing up around the block. A large section of society prefer phsyical shopping for more than just the experience, they like to see what they are buying with their own eyes. Just think what the scenes will be like at shopping centres when shops like Primark reopen.
https://www.walesonline.co.uk/news/wales-news/live-updates-queues-form-outside-20227758#ICID=Android_WalesOnlineNewsApp_AppShare
Just for those who might want to know what happend today and what excuses were being used to allow the share price to do what it did. The below article seems to pin todays woes for all the reopening stocks on the Brazil variant picking up in Europe and the Turkish Lira dropping. The Lira falling sounds like a desperate excuse especially since it started to rise back up throughout the day.
The Brazil varient the article seems to suggest can side step vaccines when the simplest of googles brings up the second article suggesting that antibodies generated by the vaccine is effective against the Brazil varient. It will become obvious very soon to the markets that todays fear based drop was overblown.
https://www.google.com/amp/s/www.fxstreet.com/amp/analysis/reopening-stocks-hit-as-brazil-variant-grows-in-europe-202103221029
https://www.google.com/amp/s/news.sky.com/story/amp/covid-19-existing-coronavirus-jabs-may-protect-against-brazilian-variant-as-strain-may-be-less-resistant-to-antibodies-12249523
@Morgan22 I read the same article earlier and this is what it says...
"The consensus price target rose 8.8% to UK£0.28, with the analysts clearly more optimistic about Hammerson's prospects following this update. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values Hammerson at UK£0.90 per share, while the most bearish prices it at UK£0.10. So we wouldn't be assigning too much credibility to analyst price targets in this case, because there are clearly some widely differing views on what kind of performance this business can generate. With this in mind, we wouldn't rely too heavily on the consensus price target, as it is just an average and analysts clearly have some deeply divergent views on the business."
... the headline can be misleading and as it states above there are widely varying views about the prospects of Hammerson. I choose to stand by my own research which is very much in line with what latpulldown and others on this board have said. Don't be shaken, keep the faith.
With the vaccine rollout continuing to pick up steam in the uk and Europe now restarting their use of AstraZenneca i feel like perhaps the media are being a little too pessimistic. Yes there are risks and governments need to be motivated to pick up the pace but things are definitely moving in the right direction
As of today nearly half of all UK adults have been givem their first dose of the vaccine and while they talk about supply shortages from AstraZeneca they fail to mention that the UKs first shipment of Moderna is due in April and its estimated that Novax will be approved in April as well which is being produced in the UK and combined should definitely help fill any temporary shortfall from AstraZeneca.
Not to mention Borris has confirmed any shortfall will not derail the road map to reopening so when shops reopen and we see signs of economic activity like we've seen before this share shall rise.
https://www.google.com/amp/s/inews.co.uk/news/politics/uk-vaccine-covid-roll-out-record-people-jab-single-day-statistics-922146/amp
I read an industry article yesterday that pinned yesterdays drop in hammerson entirely on MS slighly decreasing their position. They didn't even mention the downgrades. It just goes to show that even the "experts" grasp at straws to try and justify a fall in sp.
I bought in yesterday on Thursday first at 38p but luckily only dipped my toe into this stock. Was disappointed at my timing but had left a significant amount of powder dry and picked up some more today to bring down my average.
The volatility in the market at the moment means that stock picking isn't for the faint of heart.
Just a random thought but I bet that guy who wrote for Motley Fool who was defending his decision to sell his shares at 20p is absolutely kicking himself right now. A 6 bagger is just not a good enough investment for him aparantly. Lol
This is just the bond market sell off triggering an opportunity for the shorters and traders to drag on the sp. Nothing has changed for Hammerson since the start of the week and so when the sell off stops this will rise back up very fast. A great buying opportunity.
You have to question just because GS thinks one thing does that mean they're right? If they were so right then Barclays would have had the exact same rating as them as well but they didnt. Analysts ratings have been proven wrong time and time again especially in this pandemic driven market that is largely based on reopening. They may shake us today but next week will be brighter.
Apologies, yeah the news is everywhere now. I wouldn't put it past GS to start buying HMSO now though.
We used to see it in Cineworld all the time, MS or GS would put out a negative rating and then dramatically increase thrir holdings when the price drops. It's all games.
Yeah I can't find any information to back that up either. My research points to us dropping with the rest of the market due to the bond market getting jittery again over inflation fears. If we end up down today it will more than likely be up again next week giving the weekend to hopfully settle the volatility down. Be wary of people and institutions who would use days like this to spread some fear and shake the tree.
Sorry if people thought i was being negative, I wasn't it was more commentary. i've just delved deep into the research today I've had all this rattling around in my brain. lol
Yeah agreed, the same as we saw last week we were back to our highs and then some in a matter of days.