Member Info for mystic1076

All serious traders: lots of folks going to go long with the banks in the run up to the 2nd quarter results...it is with these results the banks can bottom out provisions...the volatility in the markets will def have benefited them...lets say 4billion revenue and another 2Bn reserves still leaves good profit...prefer adding to me Barc then Lloyds and have a greater position there!

I think when this happens..and the draws start happening, that's when the SPs will start rising gradually....right now fear of the 2nd wave is the main theme which needs to dampen down...

All this talk about clean energy...in the future the mix will change but big oil going to be around for a long time yet....load up at 3.05, 2.80, 2.84 - the SWF's of this world are buying zillions at these prices...can they all be wrong? maybe..herd mentality???

Hello mate not de ramping...just me thoughts...when you see ASOS and BOOHOO sp falling in the market rout - and ftse futures are down by almost 3.5% then Ted baker will fall more than the market as retail is high risk at moment. I am looking to invest but dithered and have yet to. Tmrw 75p will be reached or close too..even then i am questioning margin of safety...stress not deramping...

Folks on this board forget that it was a narrow range of investors who bought in at 75p. Toscafund..well mainly its a forced buyer and the views of one or two fund managers. The wider market could slash these shares in half easily..doesnt matter who has bought and at what price. A share is worth only what someone is willing to pay for it. In the case of companies that own assets the Net Asset Value per share usually provides support to the bottom though liabilities at cashflow can provide further downwards pressure. When I went past 3 Ted Baker shops recently why are they still closed? Good example Knightsbridge branch next to Harrods. So many people shopping and with cash but the shutters are down?? Do think 75p sounds about right but as seen with dixons DSG, AO etc they all took a hammering. Only way out and up for Ted Baker is to grow online and beef up their digital strategy for winning more business...

Hello HappyInvestor, one for the day traders now, its settled in a very tight trading range. Even Brent at $44/barrel didnt do much for the SP. It could see small gains leading up to the weekly EIA report tomorrow...longer term its now anyone's guess..have a sneaky feeling that when the strategy is announced Sept, Looney likely to dilute investors with a placing or rights issue to fund new opportunities!

Shell making noises now about a greener future and new carbon neutral future zzzzz - ... just announced.....new strategy la di dah .....something tells me the previous highs for big oil are over......imagine if Shell do what BP do in the coming days...a big writedown of assets..... eeeeeehhhhhhhhhhhh dowwwwwwwwn we go

Total no of shares x share price = marcap

Its going to have one more stab at the 90 level before heading up....!!! imho

LONDON (Reuters) - Oil's price structure for Brent and U.S. crude has caused storage to be drawn down, signalling a recovery in global markets and tighter supplies as major producers cut output to compensate for demand loss due to the coronavirus pandemic.

Brent on Thursday moved into backwardation, where oil for immediate delivery costs more than supply later. The premium at which Brent crude futures for August delivery are trading above September were as high as 15 cents on Friday.

Short-term Brent swaps in the North Sea market, contracts for differences, have also moved into backwardation, suggesting a stronger physical market.

That has encouraged storage to be drawn down.

LONDON (Reuters) - Oil's price structure for Brent and U.S. crude has caused storage to be drawn down, signalling a recovery in global markets and tighter supplies as major producers cut output to compensate for demand loss due to the coronavirus pandemic.

Brent on Thursday moved into backwardation, where oil for immediate delivery costs more than supply later. The premium at which Brent crude futures for August delivery are trading above September were as high as 15 cents on Friday.

Short-term Brent swaps in the North Sea market, contracts for differences, have also moved into backwardation, suggesting a stronger physical market.

That has encouraged storage to be drawn down.

I would say this will bottom in the mid-high 80's. April fools day (April 1st), the low point was 81p...Reason i can be sure about this is that the fundamentals have changed. It is now relatively debt free and has a much more financial stable footing. The Ted Baker brand has lots of appeal. I dont own any shares but looking to buy as this is a premium brand...doesnt have competition from the likes of New Look, Primark, Asos, blah blah...

If anyone sees Ted Bakers placing results..120m new shares admitted into circulation today (at offer price 75p). Clearly there has been a drag on the SP today. Re Taylor Wimpey placing, the placing discount was very minor, i.e. 1.45p. However new 0000's shares being admitted for circulation on Monday, can anyone hazard a guess what the impact might be??

Airline travel announcement sceduled for 29th June..

Hello Jonnie5x - markets simply don't work that way!! Only a tiny number of market participants purchased the 500m worth of shares in the placing, they can all sit on their purchase but the SP can still go down due to a sell off and tracking any FTSE 100 falls. You are proof of that, you were able to buy at 1.43. A share is like a house..its only worth what someone is willing to pay for it!! Doesn't matter if 5 million people bought 500 million worth on a given day!!! Think this will rise given time...bit frustrating to see if fall down to earth after hitting 1.71 very recently!! Wonder if this will still continue to show 10point swings over 2 days as it has been doing..i.e. was going from 1.41 to 1.55 etc consistently. GL

New Shares start trading tmrw. Plus 7.00am – UK retail sales (May): sales to fall 31% from a 22.6% drop in April - if the figures are worse than expected, you'll be looking at £1.04 again or 0.96 perhaps. Risky buying more today. Then again fortune favours the brave!

I think BP are refinancing their higher debt obligations with cheaper and longer term debt. This makes sense as company's like BP can borrow cheaply. I think Looney is looney as I have already said...by that I mean clever. There is a method in his looniness. All he is doing is kitchen sinking, resetting expectations as the FNG and hedging his bets!!

you said "Oil is a real asset, if inflation booms, price of oil will boom".....no its the other way round!! If oil booms inflation booms!! :-)

https://uk.finance.yahoo.com/news/british-oil-major-bp-raises-224507435.html

Hmmmm...keep the dividend then???

So what happens when all the prettylittlesomethings get bored of sitting at home and want to go out to shop?? Retail therapy? This gonna be a one trick pony of a quarter!! Also no numbers for company's they purchased so far. Cant see why dinosaur brands from yesterday would be a good idea as would be competing with Boohoo brand itself?? This SP def has hit a top for the moment...imho