Member Info for mathsprof

Sharebel, we beg to interpret differently.
But that doesn't make you a fool because you don't hold my opinion.

"their job"

What we have observed in the last hour:
Lots of red buys and a falling SP. NT to sell.
This tells me that the MMs are searching for a price to attract buyers - not that there are large buy orders, in fact it's the opposite. Finally at 71-75p spread the tide turns and enough buying starts to stop the decline.
Its a bit of a cat and mouse game. Investors think "I want to buy but the SP is falling". They wait until . . . IMHO the MMs are not doing anything sinister - they're job is to make a market, and investors have just got to be a bit careful.

Good RNS could go as high as £2.25
No RNS firsts thing - drop to 65p and then recover a little.
Poor RNS - what's that?

Partly the usual - buys below midpoint are reported red. It's not as bad as it looks, and price is holding reasonably.

Cave! If you sell you might be forced to buy back at a higher price, whuch would only work if your new BRH shares have appreciated!
Just think what would happen to BRH sp if you tried to buy a million's worth! Or more.

Its marked as a single protected transaction:
"A protected transaction occurs when a large order is going through the market. The buyer (or seller) may wish to keep the order anonymous from the rest of the market as the size of the order could greatly alter the price of the stock. With a protected transaction, the dealer will put the trade through in small quantities rather than knock the whole order out in one hit. The entire transaction is reported once the deal is completed. The LSE is notified at the start and at the end of the transaction. However, the market as a whole isn't told until the end, thus the order is protected."
I've always been puzzled by these transactions, and I have seen them reported differently on different stocks. But there's usually a second identical sized transaction reported some time later. I'm now wondering whether the first is the initially agreed price, and the second is the actual price achieved? This would mean that in fact its a single trade not two??? Or are theyt the limits between which the aggregated trades were made?

Anyone know?

I think you're all mistaken in assuming this is a buy and a sell. The are both time delayed. Look at the tag of the earlier trade. The two trades are linked and reported separately in two equal halves.
My guess is that they are two buys, hence the rise shortly afterwards.

... on this thread

EC. Your last post may well be true. However, many analysts believe this recovery is already factored in to the SP, and that $28 is about tops for the present. (Equvalent to around £17 at current trading patterns.) Indeed $28 has been quoted as a fair price for projected 2023 earnings.

I think my real point is - this is a volatile share - 5% movemnets either way mean nothing!

Not now US opened

Interesting to read too that only 9 of the ships have planned itineraries this summer. No way all the rest will start in the autumn. I've postponed my Azura October cruise until next year, even though its not cancelled yet.
Amusingly I went to see Azura last week on a small diversion from getting my MOT. A splendid sight berthed on the Tyne! I wonder how much longer she will be berthed there?

Interesting review on US site TipRanks of CCL. (Link on ADVFM)
Basically it comes to a hold conclusion - 4 analysts currently are on SELL, HOLD and BUY each!

Calls the current price an optimistic rally based on more bullish assumptions about the recovery, but warns that the price may well be ahead of things, projecting a 2023 target of $28.

See also : https://www.tipranks.com/news/carnival-corporation-reports-net-loss-of-2b-in-1q/

It depends on the opening price, and whether there will be a glut of shares after the placing.
7p or less definitely worth a punt for a company TB favours at the expense of BRH.
Over 10p, and I'm not going to bother.

I can't see that we will ever be back to 50p dividends (at least in the next 10 years), or a SP over £25 in the next 5 years.

The problem is that:
1 There are a lot more shares in issue.
2 The vast amount of debt needs to be taken into account in the short to medium term.

I don't understand the current enthusism of the market for the Q1 results today. How can you celebrate a monthly cash burn expected for 1st Half (ie up to end August) of $550m? IE $3.3b in 6 months??? It's a bit less than previous forecast, but the problem is that in the next quarter, there will be very few actual sailings, and in Q3 many ships may still be idle.

Surely the SP has advanced a bit ahead of itself? I'm afraid I sold out today (except for last 100) at just over £18, and won't be tempted back in unless the price dips below £16.

Very good clear article. Thanks for posting.
The third diagram is particularly bad for LFTs and trying to use it for say, the entry to a stadium.

So will the S&S of our test be much better? A sensitivity rate of 95% would cut the false negatives to 2 or 3, and a specitivity rate of 99.9% would cut the false positves to around 10.
Thus about 5 in 6 persons tesing positive would really be positive, compared with 3 in 10 with LFT.

Fair comment! The cruise lines themselves are no better off!

All cruise lines booming thanks to news from NCLH about planned sailing in July.
Will the CDC agree with their plan?

Pity UK markets are closed.

Thanks, Ken.
They'd better update their website then. The original short cruises are still advertised, but click on to book, and the website just returns to results page, with no explanation.
Poor show!