Member Info for MaryBr190

Darn US markets providing a top up opportunity?

Mine will be for sle at £5 or higher.

Hmm .. interesting up again.

Thanks for the replies. Looks like the US markets are being held down to allow shorts to get out. happens all the time.

I think a strong finish is in order for all the FTSE today.

The 330+ Dow rise fizzled and will come back.

WG. stayed up and will get fresh legs later perhaps when the US markets goes green again.

Price action today makes me wonder why? Has there been an approach? News out? Just realisation that this is so undervalued.

It does not have much of an intraday trading range. Seems stuck at lower end of range. One day it will pop. Rotation will come back to retail.

Prelims on 11th March. Ex dividend on 11th May. Plenty of upside potential and am content ahead of results.

Results, dividend, Amazon, market share. Certainly has all the prospects near term.

Go baby go.

We can but hope.

In my experience decisions are not made quickly in NI. Planning take forever. Decisions take forever. Conveniently blaming covid for every delay as it hides the inefficiency of civil servnts / councillors and politicians.

Many of the councils like to grandstnad to make a name of stnading up for the people when in relaity they are delaying progress.

How many years has this now been on hold for consultations?

We know from Rishi about the English freeports and are waiting for the announcement of the Belfast freeport. The October 2020 consulation document talked about "Freeports in every nation" and working with devolved administrations to establish at least one freeport in each nation including NI.

Any indications as to when this is likely to be announced? The news cannot be far away and would be a gamechanger for NI. (Belfast over Larne presumably)

Will it be Singapore on the Lagan?

This is a no brainer to add to on any dips.

I hold a core of 5k shares and trade opportunities to average down. I am heading to zero cost so may join you in a double up on the next big sell off.

Makes sense to me.

GLA
DYOR

The buy back news spiked the price and interest in the share. Not sure why it was news as it was already indicated in the results.

Lightened up a few yesterdayand may prove right or wrong but great for trading.

Long term this is sound but trading opportunities to improve averages is never a bad thing [my trading range 560 - 610] but see £7-£8 in the next while at some point.

DYOR

If the non farm numbers come in anyway positive Wall St will take the brakes off.

There was a discussion on CNBC yesterday that the Thurs numbers bode well for the Fri numbers.

That said, good news is bad news is good news for all of 5 minutes in these markets.

Only a matter of time before people are falling over themselves to buy this.
I see £3-£4 in the next 2 years. Buy on dips.
I did at sub 90p.
Lovely rights at 32p.

Where are all those 10p posters now??????????

DYOR

Dipped to £1, is the bottom in short term? I certainly think so.
Looking for breakout from 110 to 120 and beyond.

DYOR
GLA

FRES will come good again when you least expect it. That's the playbook on all stocks.

Powell was damned either way and is keeping his powder dry. The markets saw it as an excuse to sell of tech stocks and that spooked the markets. This will happen again. Diversification & rotation is the key.

Plenty of money on the sidelines waiting for a pullback. US has 20% in savings compared with the average 5%. Buy on dips will hold atm. You could argue some US tech stocks have already pulled back 25% from the highs and S&P hit support and NAS hit key levels yesterday - hence a bounce is overdue.

Risk I see is the newbies invested at high levels getting margin calls and not knowing how to deal with it.
I know a 25yo professional who trades in US large tech FANGS and TESLA in particular.
Joined the party late and looking at 30% losses since he invested. Will not sell as he is a long term holder but has gone from chirpy to head in hands in the space of a few weeks. There are many like that.

The sell off when it comes will spark contagion but provide yet another great buying opportunity.

Just enter and exit at prices that you are comfortable holding.

DYOR & GLA

Great company, trashed by some broker (Jeffries) spooking folks. I remember Trainline spooked down to sub £3.80 on a broker scare hit 525 not 487. Over a period of weeks. Babock spooked down too. All great ST trading opportunities in short order.

Dynamic company heading back towards highs and over £4 soon and bid target perhaps.

Oil price supports a higher price than today.

Not a recommendation. Just a view.

DYOR & GLA.

HTH

MMs playing games as far as I can see.
I bought in on the falls and am now average below £6 and expect it to be £7+ a lot.
The results that caused MMs to drop is summarised below. In my view, oversold big time.
Post the drop (10th Feb) brokers reiterated BUY targets of 830 and 945. Would suit me fine but will reduce part at it rises over £7.40
This stock zooms up on little news or warning. A comparative would be Beazley. (£3 to £3.80 back to £3.30 now £3.60 in a few short trading sessions.

11th & 12th Feb
Lancashire Holdings: Berenberg reiterates buy with a target price of 945p.
Lancashire: JP Morgan reiterates overweight with a target price of 830p.

DYOR
GLA
Story re drop
Lancashire Holdings posted a slump in full-year profit on Wednesday, but the results were ahead of expectations for a loss as the insurer's investment portfolio recovered.
In the year to the end of December 2020, pre-tax profit fell to $5.9m from $119.5m the year before, but this was better than analysts' expectations for a loss of $31.4m.

Gross premiums written increased by 15.2% on the year to $814.1m, in line with consensus expectations of around $812m. Meanwhile, the combined ratio - which measures an insurer's profitability - came in at 107.8% compared to 80.9% the year before, including the impact of the Covid-19 pandemic. A ratio above 100% means the insurer is paying out more money in claims than it is getting from premiums.

Lancashire said its investment portfolio contributed significantly to profitability, generating returns of 3.9% for the year.

Chief financial officer Natalie Kershaw said: "We are pleased to have navigated 2020 relatively unscathed given the number of catastrophe and risk losses incurred in addition to the financial impacts of Covid-19.

"In such a difficult year we consider making an overall profit after tax of $4.2m and comprehensive income of $24.3m a very positive result."

I only see short term upside in the absence of SFO news. Oil supercycle just starting.
Oil majors will have load of $ to splurge on oil service companies while the oil price stays at these levels.
Wood Group is also benefiting today.
Good to see some air coming out of the travel stocks.

GLA
DYOR

Great news indeed. Also great sotck for trading and on a rise like today an opportunity to improve averages. It will succumb to a bit of profit taking on the rise but that's normal.

I see this SP starting with a 3 before long as 5G benefits cause another rerate this stock.

BTW I mean £3 not 30p :)

As a long term holder with a low average cost, I am so excited by the prospects of this stock.

Not a recommendation. DYOR. GLA.

Re Rating due.

Fab add on.

Cheap as chips as I raid yesterday. Heading up up up imo.

DYOR