We have seen a gentle slide over the last month or so, and just dipped under 600. Trading statement due on 17th July. Difficult one to call this, I think positive or negative news will have quite an impact and see considerable movement. My instinct is saying apply huge caution.
The rate of fall appears to have slowed down. No clear buy signal yet and still exposed to political risk. Still have low volume. Still think there could be something in this if the finances are in order and if there is indeed a positive cash position.
All good thanks Bill. Not sure that Coltrane were all that serious, had got themselves into an terrible mess going long at IRV. The whole "voted for Trump" comment at the EGM suggests to me they just wanted to salt the earth. To this day can't understand how they got it so right will CLLN yet so wrong with IRV!
"There won't be much left of the UK construction industry. Still, we can always rely on the French to look after THEIR industries and, when UK construction is no more, they can come over here and give .GOV (i.e. the tax payer)"
This is the problem in a nutshell. HMG can't increase margins whilst directors collect huge bonuses (CLLN and IRV) or when shareholders are rewarded with increased SP value (Persimmon) at the taxpayers expense. HMG are totally hamstrung.
RE: Is Debenhams the canary of the high Street.15 Jul 2019 12:21
Touched a nerve, Nige, everyone is seeing how dishonest you are and will continue to do so. Dear oh dear. As for my position, I have not criticised others for something that I do myself. That is your hypocrisy that is being pointed out. If you feel I have been hypocritical, feel free to point out where.
"Who do I think I am? Someone who has been in LSE for years and can't stand the DAY TRADERS"
"TRADED the share - making sure I did not keep a material amount investments for any long period due to the well known risks. "
RE: Is Debenhams the canary of the high Street.15 Jul 2019 10:09
So you have gone from not day trading at all to rarely day trading. So you do actually do it.
The reason is to shine a light on your hypocritical behaviour Nigel. You come on here trying to police the board and moralising on the behaviour of others. You talk about the honesty of others, but what of your own honesty? Like I say, within a couple of posts you have gone from hating day traders to admitting that whilst it is rare, you do indeed day trade. So what else are you dishonest about?
Maybe I wouldn't have beef with you, but on my first ever post on DEB you jumped straight down my throat and sat on your high horse. Maybe if you hadn't acted so virtuous then, I would not be exposing you now.