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It was a bargain at £1.80...£1.50...£1.20...£1.00...£0.90...£0.80...£0.70... oh look bargain £0.50.... even better £0.40... didn't I get it cheap.... oh look £0.30... Oh it can't go lower... it did... £0.28.... people are cracked imo.... this can go far lower.
Happy investor - you need to recognise what a terrible set of results looks like.... on every metric bar margin (which is still very weak), this is what looks lile a terrible set of results. Mike ashley will pick over the bones - if there are even bones left...
Atrocious results - sales down 17%. Free cash outflow accelerating. Profit to a loss (-200% change). This company has completely lost it and in any event, young people are moving away from fast fashion in their droves.
Bizarre board. they have issued a profit warning and people are loading up on the negative outlook. Digital spending will be hit very hard - fund raising will happen for this share. Imagine them paying a dividend when they cant make money.... avoid!
CJ39 - if it gets to £4.40. Wishing thinking. We haven't even hit a recession yet and its tanked 18% in six months. A recession could knock another £1 off this easily. The IRFS reporting requirements did not help either. I'm just not touching this one again and I suspect there are a lot of people like me who would in the past have picked a few up on the way down... not anymore. Lloyds is another useless share -always delivers a healthy profit but always declines.... I'm done with UK stocks!
Casuallinvestor - my points were not advice - opinions only lile everyone on here. I've been in and out of Aviva - held some over four years - look at the graph. For all her bluster - the shareprice has tanked under Amanda Le Blanc. She sold off all the international units and is left with UK, Ireland and Canada.... long term not a good strategy... handing back 5 billion and not paying down their full debt was just stupid... not the actions of someone who is a long termist.... unfortunately I only see severe stagnation here... 80p - no - Sub-£3 - highly likely. If I invested £100k in aviva 6 months ago, I would be left with £82k - add in the dividend, maybe £85k....in a top savings account its worth £102.5k....
I used to hold £100k in Aviva - safe as houses... apparently... but I wouldn't touch this, LGEN, Lloyds or any of the big British Stalwarts.... Britain has become totally unattractive stock market with the FTSE little up on 23 years ago. A good dividend - yeah - but Aviva down 18% in 6 months.... pointless holding these. All my money is in a 5.2% savings product. Just don't get why anyone has shares at the moment.
Bizarre... I thought it would go down 15%. This company is in an awful state. Not one for me at all!
Poor poor results....
Poor resultscand burning through cash. The cost of mining an ounce of gold is really high. Dont like the cash balance looking really poor.
I was in profit....I think the large sell yesterday evening has totally put me off buying back in.... can see this sub 300p
Igot itchy feet yesterday morning - sold British land and easyjet. The data on the economy is not pointing in the right direction. British land had the biggest uncrossed trade I have ever seen yesterday evening. A sell of £240 million. Thank god out of the stoxk market. 4.35% instant access rate on £420k is better than continually seeing shares go down. Think Easyjet will be bought out