Member Info for onsolidground

104% tariff on China tomorrow.

US markets now having nearly erased all of todays earlier gains.

Well done DJT.

You can add the CEO's of Disney, Universal, Paramount ...

China threatening to retaliate by banning all Hollywood movies from China. Big audiences in China

I'm actually banking on the US revisiting tariffs and revising them downwards and in the not too distant future. Complete lack of understanding of the interconnectivity and global supply of components and finished goods.

It is simple human nature if the 2 day crash crash affected you and I then how do you think many of America's Billionaires including Musk, Bezos and many others, who backed said PoTUS get elected felt, and how do you think the CEOs of some of America's biggest corporations (Amazon, Apple, Nike, Boeing etc), and who generally get bonus'd based on the share price performance, felt also. Always felt it would be them that kicked and screamed first as their wealth gets demolished and disintegrates in multiples of yours and mines.

https://www.dailymail.co.uk/news/article-14582669/billionaires-Trump-global-financial-meltdown-tariffs.html

https://www.dailymail.co.uk/news/article-14584083/elon-musk-peter-navarro-donald-trump-MAGA.html

It's being held where it is for some reason.

Unfortunately for MM if he thought sitting quiet and letting the market sink the share price to his advantage, it's actually now working better for MA for he is getting a 15% to 20% discount on all his recent purchases and has more cash and scoop up more and more of THG on the cheap.

Gets past 30% mover, and surely he would have to bid the highest price that he / Frasers paid in the last 12 months. He bought stock on the partnership announcement which was higher than the 49p he paid in the placing.

Incidentally if MM's game was to sit and literally do nothing and watch whilst the share price lowered to then offer £60M in a convertible loan, then Ashley is beating him on 2 fronts, a) more ready cash and nice staged entry and b) it always helps if your broker is running algo's in the background to facilitate what you want and keep the price in check.

Just my thoughts.

Looking at yesterdays volume MA must have got close to another 7.5M if his algo's were in picking up mode. Some of them 20% cheaper than MM's £60M or thereabouts. Not bad business.

Back to stagnation on the buying front this morning though with the first 15 minutes trading so he doesn't look like he wants to overpay, but the Trump 90 day delay blip yesterday, just shows how quick this can move - when it wants to or when it needs to.

Now saying a 90 day pause is Fake News.

What an absolute pantomime.

"White House dismisses report of Trump considering a 90-day pause in tariffs as “fake news.”

The White House has dismissed reports that Donald Trump is going to pause the implementation of his sweeping tariffs for 90 days as “fake news”...

"“Fake news,” White House press secretary Karoline Leavitt then told CNBC after the headline was read out."

Looks like's he's been told to get his act together as true American companies like Nike, like Tesla, Like Apple will be hammered by tariffs.

46% tariff on Vietnam. Did nobody think to tell him that's where Nike get most of their trainers made.

It's a shame it's the Billionaires afterwards rather than economists before that he listens to.

90 day pause will turn into trade deals and never happen.

Up down, turn around.

Things happening too quick for the live feed hence the periodic updating.

Dow 800 points blue now.

Everything now rapidly turning green.

Called that one virtually spot on today.

Great start to the new ISA year, here and on 4 others.

Now add another 600 to the Dow.

+400 for about a 2k points turnaround in the first 45 minutes.

"Out of interest, does anyone know what the free float currently sits at?"

By now about 14% to 15% less than it would otherwise have been had Mike Ashley not strolled into town.

Looks like the Dows done a dramatic about turn and reclaimed about 1200 points.

Could it be US or UK circuit breakers being utilised? Hence the stalling and calming things down.

Maybe too early call but it;s looking like a modest recovery atm

I look at it slightly differently.

If I were a THG customer anywhere in the world, is there anything stopping operations or is there anything that is stopping me picking up Nutrition or Beauty products online or in any of the shops or facias we have.

Answer No.

Only caveat - a 10% tariff if we export goods from say here - solely - into the US. Mitigated though as THG already has production facilities in the US.

That's the immediate here and now.

Other impacts take time and there maybe some flaws in some of your logic Pearls. At the weekend you were talking about the potential for expedited interest rate cuts off the Central Banks. Now you seem to be talking of a housing market slump. You do realise interest rate cuts are good for house prices. Also given also the Oil price has a big say in the Inflation numbers and they feed into CPI what might the impact on inflation be of a near 20% fall in the oil price in the last few days and weeks.

Unfortunately as you say there are some who have been leveraged to the hilt and been caught out. The moral is never invest more than you can afford to lose, and if you are prudent you can always stage your entry or buy at periodic intervals. Totally agree though that there are some cracking opportunities out there and I took a few this morning. Maybe not banks, oil, mining or probably pharmaceuticals just yet.

Yes good numbers off APN Okehurst1 and offering a glimmer of hope and showing that there is improvement and money that can be made out of Nutrition.

Kelso btw still all quiet and their 57.5p average @THG is now 27p so I'm not too optimistic for their 30th April update unless they had sold some or have a large CFD running. Selkirk also very quiet and a good chance for them to come in and steal at these levels. Gift wrapped oif THG was the intended target. Will they, won't they?

Ashley the main man still gobbling up all the stock he can get at these levels.

I thought we down more so half pleased.

Less can be said for other financials, mining and oil stocks.

This a.m. and already in profit

I probably beat you too it earlier !!

Silly prices and your average consumer walks into a CARD shop today, tomorrow, next week etc etc.