Member Info for NewChapter

Lordy/Daltry - no negative motivations here. I am long and considerably underwater cpi. I shared the link in good faith on the basis that some people on this board may want to read background press on the business rather than to be in the dark.

Https://www.bbc.co.uk/news/articles/cq52382zd1no

In answer to your heading., No. however to your point "Is there any point investing in UK shares? Given that Labour have only just started, and given that the US is about to deregulate and also cut corporate taxation, why would we keep money in the UK rather than in the States?" ..I would suggest for UK peeps, to look for and engage with those investments vehicles that have an 'international or global ' presence component, to give you exposure to gains that are not UK suppressed.

"I just feel US stock looked very toppy before the election and looks more so now" .... undoubtedly. pull back overdue

Agree

Charting is not everything; but it can be an insight to CPI market place sentiment. the inverted head and shoulder shows us areas 'of interest'. in the 'first shoulder' the lowest daily closed price sits c.15.56p; the subsequent inverted head ( and notably CPI's all time low close) daily close is at c12.95p. the 'second shoulder' low , so far, has hit c.16.61 (still above first shoulder); the current price, yesterday close is17.4p , also sits above the first and second shoulder daily close, and importantly the 200ma . recent highs are at c.22p.

RNS release - Serco lost an Aussie contract that pulled 6% out of projected 2025 profits.

Can't see any news reason attributable to the Mitie drop.

A second shoulder is forming on the CPI 1 day chart, of an inverted 'head and shoulder' pattern, with price sitting on the correct side of the 200ma that could see a sharp 'bounce off' resulting upward price movement; supported by both the US election Trump market influence and the more general related AI trade.

Justdandy......up 25%. Spooky timing

Thank you for this ripley94.

Reads to me like utter incompetence; mostly failure of dsm to realise promised financial performance improvement, for fund investors, in those 'value' assets dsm selected to invest in. No real world delivery experience it's been down hill from the get go....£1. They seem now to seek a way out and half way out the door already.

Why the sudden drop; is there an event that's caused this ?

@chaebol...total agree with all you say; your's is a rational and reasonable logic that you articulate. i'm of the view, particular at this current btc time, and with the introduction of us & the hong kong eft ( their regulated endorsement of particularly btc), digital 'currency' assets have a real potential to '**** a snook' at world governments and established monetary giants et al's, world-wide, making them allto jump in; their fomo has real prospect to massively drive a violent move of 'dip and rip' all digital crypto assets. central banks (at home, the bank of england is wobbly here too, they are beyond 'maybe's aye, maybe's naw', and are really concerned about what harm digital could do if left behind. cryto is now an hmrc specific on returns. think early days internet (80's) , e-commerce (00's) and amazon fulfilment killing the high street (10-20's). each of these were considered passing fads in their respective early days. there is a theme.

https://www.forbes.com/sites/digital-assets/2023/12/31/hong-kong-spot-bitcoin-etf-signals-bullish-market-shift-more-than-us/

@ chaebol of course hopium is a factor, same in all nascent ventures. Some ideas succeed, others don't. I believe there is a lot of big buck interests who, for their own variois self interest reasons, are seeking a way to meet a 'compliant' mechanism to get skin in the game, fomo if you like, just incase this whole crypto thing takes hold and grows into a bigger sector. It easy to imagine crypto sector as a big disrupter, growing more arms and legs, spoiling the current norms; hence the speculative money flows

I'd say ARB (ARBK equiv.) will see a lofty 100p per share before end of January 2024, being on the cards, or there abouts, because if the news in this article below comes about, and the second week January (10th) is not too far away; and the anticipated speculative cash inflow momentum via regulated 'managers', will carry all related sector assets higher. It's got nowt to do with Co. valuations, rather simply demand for the space.

https://www.reuters.com/business/finance/blackrock-vaneck-among-asset-managers-that-submitted-updated-filings-spot-2023-12-30/

@ canarydwarf.....correct

....what effect on uk holders of the stock?

+10%

Https://uk.sports.yahoo.com/news/rolls-royce-shortlisted-uk-seeks-050814481.html

Https://www.cnbc.com/2023/09/29/boeing-ceo-says-travel-demand-recovery-is-more-resilient-than-imagined.html?__source=androidappshare

I heard "companies"