Member Info for Nick1234

Expecting a trading update any day now which should make good reading and will hopefully move us upwards.

It has now got a reputation as 'dad wear.' I.e. Popular with those in their late 30s and 40s. It needs to reconnect with the teens and 20s... those that are buying clothing on a weekly basis.

Looked good to me. Certainly didn't see any red flags to warrant a 5% drop at open.

Shorts closing their positions would be a big catalyst too.

This is not new information. The yield will still be very healthy and above the FTSE 100 average.

And a director buy announced today. Not a life changing amount at £20,000 but good for sentiment none the less.

The FTSE 100 is still only trading on an average forward earnings of 10 compared to around 15 for the major index. Yes there are some companies with limited growth potential and a lot of utilities, fossil fuel companies, insurance and tobacco companies but it is still undervalued.

Retail results have been a lot getter than expected and with gas and petrol prices coming down, inflation might not be a high as feared and the recession shallower and shorter than predicted.

Great update. A billion pound profit this year is looking very likely.

And the return of the divi to come too.

You would still have to pay the 15% overseas tax though due to the company being domiciled in Luxembourg. This would usually be automatically deducted and you would receive the net amount in your ISA.

Me12345: you must have been a wisker away from your shares being bought. Google says the day high was 797p (buy price).

Are we expecting an announcement today? I was under the impression the buyer had to confirm they were proceeding or walking away today.

Today's rise is down to the figures from the British Retail Consortium. "Take-home grocery sales hit £12.8bn for the four weeks to 25 December 2022, the first time the £12 billion mark has been breached, the report said."

It follows that BME will have benefited from an overall increase in food spending.

I think tomorrow's figures will be good, but not good enough to warrant a special divi. I'm not too bothered about an additional divi, I would rather see them use the money to pay down debt and/or expand further in France.

If Elon Musk is good to his word and sticks to the results of the poll and quits his role as CEO of Twitter, hopefully that will focus his attention back on Tesla and halt the recent decline in the share price there. Let's see.

Looks certain to go through now at 350p, which by coincidence is what I bought in at over a year ago. Least I'll get my money back.

And another one:

Credit Suisse raises Coca-Cola HBC target to 2,600 (2,550) pence - 'outperform'

That's 33% higher than the current share price.

Moderna down over 6% today or 10% over the last 2 trading days. Tesla also down over 6%, with a YouGuv poll questioning it's popularity largely to blame.

Let's see what Tuesday brings...

Threeputt; the statement says that "The other parties who previously expressed an interest have confirmed that they are no longer considering a possible offer for the Company" meaning no bidding war on this occasion.

My thoughts exactly JMUK26.

Yeah exactly that. There's been plenty of flops this year but this was definitely one of my better moves!