Member Info for Metamorphosis84

Unfortunately that RNS didn't really tell the market much that it didn't already know.

It has been interesting, what I said last week about a worldwide recession, well the media have started speculating, what with the inverted yield curve, signals that UK and Germany may be heading towards recession.
Not there yet though, personally I do think there will be a recession soon. Its not to say that there won't be good days as we go along, but things have got riskier, IMO.
As for the Trump, it will be interesting to see just how economically powerful POTUS is. I think he will find that the markets have more weight in them.

Ha ha, nor did I

Your sentence doesn't even make sense. Illiterate.

Should expect to see either short positions closing or significant II buying activity.
I just hope it isn't my pension scheme buying into this.

It's painful watching Matlot explain what the RNS means. How can it be broken down any more?

Significantly - important;of consequence
Diluted (verb) to become diluted.

Come on then buddy, lets have a few words of wisdom from you. Your 4 posts so far have been pretty pathetic and offered little in the way are contribution.
Here they are:
"Jesus, you are so boring. It must be a blast being around you! Full of so much joy and happiness! All you do is peddle negativity! Do us all a favour and take a day off would you!

No noise from the usual 2 on here I notice!!

Here they both are, must have been feeding time at the zoo! Boo boo kier going down, usual drivel from them to come all day I bet!!

Has been nice those 2 not spouting their negative views!"

Hi, Matlot has been on a few times this week hasn't he?
As for me, I haven't had any more to add to Kier since my last post- as yet no news.
Sorry to hear that you are pining for my expertise

Still struggling aren't we.
Peaked so long ago and in a downward trend by the looks of it.

There are no ex shareholders. Its a new company.

Anyway Nigel, haven't you got a checkout to sit on?

Hi Ifonly

My view, based on a historical perspective is that we are due a crash and a big one at that.
This is the longest Bull run EVER! When records are broken (S&P500 and FTSE100) the end of bull runs come soon after.
Don't tend to dabble in the US market, my feeling is that Trump will manage to sustain buoyancy until the next election, after that if inflation gets out of control (which often happens during prosperity) then the Fed will increase interest rates and the flow of free money will come to an end. That is when I expect the US securities to retreat considerably. And I note we have also seen Gold prices increasing, that's a canary. That's my take on the US, and when America sneezes the World catches a cold.
As for the UK, Brexit is noise. And I do agree that some good companies will have their SPs hit, providing good buying opportunities. I am looking to indicators such as the FTSE revisiting 6500 to see whether a retrace will become a contraction or if support can be found. But generally my view of the equity markets are that there are many many zombie companies who have nothing in the pot, in fact entire sectors that are totally broken. I am bearish on the market. Recession is an almost certainty and how will HMG provide stimulus?
All of this by the way with or without Brexit.

"is someone going to buy UKPLC?"

Yes, China.

Not a market beater, he lost an absolute fortune with Deb, also MOS, total disaster for him, not to mention CLP.
He works in a shop (I'll fish out the post where he says so if he tries to deny it).
Very much doub't retirement will come for him at 55. People who work in shops and lose their savings gambling on the stock exchange don't retire early.

Poor old nigee, he lost A LOT gambling here! Too proud to admit it though.

I note with interest the commentary from some that Kier has got its debt down. They told the market to expect £420m-450m and the figure has come in between £420m and 450m.
So no, they havent got the debt down, they are reporting it towards the lower end of expectations.
And whatever you think about that number, the board have told you:

"the Group today has debt levels that are too high."

And Kier living has not been sold.

Have a good weekend all.

Been a couple of weeks, 15th July since I last looked at this, seems a lot longer ago!
Back then I said:

"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."

I am glad I followed my instinct. The uplift on the back of the trading statement was short lived and this has now slid further below that 600 mark.
As I see it, since the April profit warning we have seen a bottom of around 500-520 before rallying to 677, falling back to 600, rallying to 642 then falling back to where we are today.

It does seem that each rally doesn't quite beat the last and each retrace falls below the previous.

Now looking to see where support is and more detail required with regards debt, but my instinct is now even more cautious.

Ha ha says he who demands to know what everyone's "agenda" is Nigel. Don't deny it or I'll trawl through your posts to prove it and publically humiliate you. Again.

You are quite right Pearls.
I fear I may have offended a turnip. For which I apologise.

Of course what Pearls put on here was complete tripe and he didn't come across as very bright at all.
Anyone who believed the rubbish he was posting shares the same brain capacity as a turnip.
Quite frankly it amazes me that these thickos even manage to log on to their computers or phones.

Very good, the whole Eubank thing was amusing for a few posts.

Also, would have been more effective had you created the character from the start, rather than it being a recent affectation.