Member Info for Nakedtraitor

Yes, agree. If we can finish this week at or above 97p that will be a first good step.

A few chunky transactions about half hour ago. Looks like buys to me?

Cash waiting in the sidelines. Let's get this budget out of the way on 30th to get a realistic view of CARD s/p.

No buyers in this market. Cash pile sitting in the sidelines waiting for Labour's budget to be disclosed.

125k traded. Is that MW closing some short positions?

I'm not a MACD type person, but noticed it started turning to 'buy' in some timeframes (15, 30 and 120 minutes). Again, I'm not an expert in this indicator so this observation may be totally insignificant.

Not going to call 97p a bottom just yet. But it is certainly a key level to watch imo.

Presumably because they can't say at this stage. Maybe there is a NDA in place, or something like this. I can only guess.

Yes, CFO Mathias Seeger said update on US partership in 4 to 6 weeks.

That's what it sounds like.

Seems more like a strategic review of the strategic review.

The other thing I noticed in the webcast / presentation was the use of "confident" (to deliver on targets) more than once. Would I be naive in trusting that the management actually mean it?

They said pricing is one of the levers they've got although also said they prefer not to have to use it. But when push comes to shove they have the option to if that means hitting FY plan.

That's a good point actually. Fall may have been amplified by the Naked Trader's herd following their leader and selling too.

What are pp views on this U.S. partnership? They indicated this partner operates at a national level. Could it be Aldi US then?

The US population is 5 times bigger than the UK one. Presumably it has the potential do drive a very significant volume of sales.

Will find out in 4 - 6 weeks based on what Mathias said.

Should be a Trading update mid-Jan before earnings.

Somebody just bought 350k shares. Bottom in?

A 250k buy at 10:11am too?

UBS buy note,apparently.

Monday, 9th according to EQLS website.

Reckon there could be at least a 50% upside from here.

Judging by the price movement, results on Sep, 3 will be great.