Member Info for Oldfortyniner

Numis today rates it as a buy with target 2800. Encouraging.

The travel situation of itself is no doubt significant to anyone exposed to it in their holdings, not to mention the hordes champing at the bit to go! It is of little concern to me other than as part of that overall deterioration in Europe's prospects, with the extra threats that carries and the impact that has on us which was behind your start to this thread.
There's always danger in being over reliant on any one aspect; diversity is key in my view.
Enjoyed your political summations which I wouldn't argue with. I guess there's no such thing as the perfect politician.

From today's BBC R4 news at 1pm , and The Times, come the consequent likelihood that foreign travel may not be possible at all during this summer, that several variants are cropping up and that infection could come back here in the UK. None of that will help economic recovery.
I find the hard line attitude from von der Leyen disagreeable as she threatens to block vaccine movements. There are however European voices now calling for her to step down. At the same time you would think France would be all for getting as many vaccinated with anything they could get their hands on but they still seem to be in a bind over the AZ vaccine. Europe seems to have dug itself into a real hole here. I hope we don't get dragged into it as well.

SkyMonkey, I use HL and have not had any trouble buying or selling stocks. I've never tried from the mobile app however, I've always used my desktop for dealing. Have you tried asking them what's gone on through the secure messages facility? It could be a glitch in the app.

All the buys I totted up were marked ordinary and were all timed between 16:30 and 17:00. Beyond that I do not know. I didn't think I was naïve in understanding that the market closed at 16:30; maybe someone just forgot to put the closed sign on the door :-)
It seems there could be a little recovery going on as I write. Fingers crossed it holds up to the end of the day.

The buying spree reported after hours last night by Abacus was in the order of 3/4 million shares and a value of £16.8M so what happened this morning? Ouch! On a graph of this week we've fallen off a cliff. On a graph of the year it's more of a little wobble. Alas, I'm with you (read that how you like :-) !) I think it will come good as things reopen.

Opinion from HL is praise for business model, branding and balance sheet but the high valuation makes it sensitive to disappointment, and presumably that's what the market felt today. An increased dividend they think is a sign of confidence about the coming period so it probably all depends on how we come out of lockdown. A hit of over 12% is never going to feel pleasant but it will depend on what level you bought in at as to how unpleasant. I'm for hanging on in there.

Thanks Rio, as I said, lucky timing. If we've got where we are during restrictions I can't see that the way is anyway but up as relaxations come, even allowing that some of the off trade might transfer back to on as pubs and restaurants reopen. Volatility can be a worry. Have to sit on our hands.

I bought in March 2020 when the price was well down so I find it hard to feel uncomfortable even 'stagnating' where we are now. That was just fortunate timing. However I am impressed by the way the price has held up through the lockdowns despite the on trade having evaporated. I would expect the relaxing of restrictions to have a beneficial effect on SP for FEVR. If the rest of the market also gets the same feel good boost then the bull run you speak of might see it climbing back to around £30, as in 2018. Fingers crossed.