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A good trading update is required to shift this share. Hoping for a buyer to swoop in and pay out never seems to occur.
I've only ever experienced that once and unfortunately I sold the week before. But it was not a company where the sp was in decline.
Well a superb rise this morning. Shame I did not dip back in again yesterday at 63p. But nice to see what I have left in this share rising well.
JEFFERIES RAISES ELEMENTIS TO 'BUY' ('HOLD') - TARGET 95 (75) PENCE
Cant argue with that but as my current average buy price on this share is 0p. I'm happy at any price.
Always good to get a lift off the back of general market sentiment.
I had 2 purchase prices of 102 & 117 so sold the 102 tranche today to book in a little safety in case this retraces.
But anything over 110 is money in the bank
I don't know if this was covered earlier in the week.
But surely saga cruises should be all over this new test, even just a signal to customers that it will be used when embarking and customers will have to stay in a reception area or cabins until tests are back.
Yes it will not eliminate risk as port calls will re-expose everyone but it would reduce it and day trips outdoors should be low risk.
Without any news there is no real guide as to this shares direction.
UK guidance on cruises remains unchanged, I can only see this moving north when the restrictions are relaxed. If this was the 10 th year of operation then it would not be so bad. But at the moment we have all the liability and none of the revenue of providing cruises.
I don't think a judgement on the director applies the whole office.
I know that people hear find the wheels of justice move to slowly, but that is due to the complexity of the law in this case.
It's not like there are photo's of people handing over wads of cash.
Unless the case is water tight it is very difficult to prove wrong doing beyond reasonable doubt. Hence the 2 - 1 convictions in this case.
If it was on the balance of probabilities then probably a lot more companies would be convicted but proving that someone was doing something wrong and that they knew it was wrong and where not acting out of ignorance is a high bar to reach.
Even if you disbanded the SFO something else would have to replace it and will the public be willing to pay top dollar for a SFO that has the best lawyers and investigators? I doubt it, they will want it run as cheap as possible and therefore it will take a long time to bring anything to court.
If I could change anything then I would change the ability of the SFO to announce investigations into companies. If they are going to charge an organisation or a person as they have reasonable suspicions then fair enough, but announcing investigations seems to high a price to pay when the investigation can last for half a decade without any outward sign of progress.
I'd love to know who these idiot economists where that hoped for a V-shaped recovery.
Where is the analysis and insight? If economists have resorted to hoping then we may as well return back to the days of speaking to the wise old man or woman of the village for a prediction on economic growth.
To be honest I was surprised that the economy only shrunk by 25%. To me its a good news story as I was thinking that it would be more like a 40-50% hit.
So the fact that in May when most of lockdown was still in place we only recovered 1% again is not a huge surprise.
Even at 25% the hit to Lloyds still feels over played, I'm not expecting 45p by Christmas but 40p by this time next year, does not feel (hope) to be too extravagant.
I have to agree I've bought too many recovery plays in blue chips only to find out there was no recovery.
There is always going to be an argument that utilities should be state owned as there is a monopoly position and so I don't see the ofgem proposal as a bluff it is a clear intention of how they are likely to develop during the coming years.
I have no idea what SP would be fair value at this stage so may need to sit on the sidelines a bit longer.
think it is just moving with the general market sentiment. It took a more intense hit in the last week or so, therefore has more room for recovery.
But not expecting any huge changes now until the court case finishes at which point it could be great or terrible (place your bets)
I see no reason why as part of buying a ticket they make it part of the terms and conditions that passengers must submit to a COVID test.
It is not beyond the whit of the company to set this up surely? Anyone carrying is not let aboard.
Yes I know each time they make port there is a risk of infection and the test may mis-read, but if you can do something at the primary entry point that will provide some confidence to customers.
Currently it takes 24 hrs to get a test result on the NHS, but I'm sure Private businesses could turn this around quicker if needed, or enable an overnight test prior to travel.
Well I topped up at 20.30p yesterday, not looking for a big rise. Would probably cash my capital out again at 22p.
I've been growing a holding in SAGA and currently have 20% of my shares effectively for free by withdrawing the capital when the SP rises but keeping in the profits.
Another 10% added to the pot would mean a very positive outcome should the SP start to move dramatically and also provides the comfort that longer term the worst case scenario is I only stand to lose the profits.
EmmJane: Which chart are you using and what timeframe?
Looking at a chart for the year:
The 20 - 50 SMA & EMA actually look pretty flat between 117 and 120.
The 200 day average is continuing to fall.
If you reduce the timeframe even down to a month it all looks pretty flat.
Only if I reduce the chart timeframe down to the last 7 days do you get any impression of an increase. But still bounces around the 20 and 50 day moving averages.
Tie in the wider market ups and downs and I still can't see a chart predicting 130p?