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Yes its making no sense at all ......... Also its no consolation but Just eat is doing exactly the same thing, dropping.
just eat takeaway .com which is on the Dutch exchange.
Holland is in the EU so maybe the gig thing its dragging Roo down with it.
Fortunately for us we are not affected by EU law but can have a knock on affect.. Can hope for an uptick as at this price its getting silly
Yes totally oversold and just the general doldrums of the market today. Yep.. low entry roo traders taking profits..
Also US CPI figures due today.
And ...The media trying to frighten people, so it all adds up to Freaky Friday .. Roll on next week
On a generally bad day across all the indices. Deliveroo have held up reasonably well, and unaffected by the Eu draft proposals.
Also as a number of people choose to work from home this can only be good for Deliveroo and similar companies.
Good luck all
Not really sure about Abdn I know they are trying to buy interactive investor and not sure if that is a good thing for Arbn or not . Also Abrn have just issued £210 million worth of bond with at 5.2% yield surely that will drag on the companies profits? ( i just dont know GS).......... AV pity we missed it on the drop at 3.70 the other day you know what AV is like from the old days never really seems to get going.......... Astra Zeneca dont know if it can stay above the 200 Sma it might have a chance. It needs to break above 8450 for me to get interested as its an expensive share to get wrong.... Sorry if i sound so negative as that's not my intention. Its that its just very difficult to get things right....
On a more positive note sold my RR on the rise yesterday and sold my Lgen on the rise today RR been my best trading share this year 6 times i think....... Agree FTSE rubbish...... Dow far superior !! will be looking to buy US shares next year
Interesting Poker C Ive never thought of data but yes its a salable source . I think Amazon still owns 11.5% of Roo? . I cant believe they would have invested if they had any doubts of how this company is going to grow in the future .. Its like having the ultimate dragons den partner in your corner.. On another subject we uncrossed at 240 tonight that bodes well for tomorrow. GL all
Much better today, support held and a rise up to 2.38 .. I think EU Gig ( old chestnut) stuff is already priced in now .
Also i am hoping / guessing that some of those director sales have now been placed with bigger holders.
Holding now for rise . GL all
Very nice work GS .... it will be a M&S Christmas food shopping for you now. They have some nice stuff .
My Omicron RR buy and LGEN both up and holding for now RR up 4.66% and lgen just up 0.7 % The new MnG still in loss but moving up at long last
Support......... Looks like we may have found it today 233 ish .... well we will actually know if its support if it holds tomorrow. Then the next rise or at the very least some consolidation
Its 2.35 as i type and pushing back up we need a bit of Fomo now... Hopefully we will have a daily hammer candle at the bell
Hello Pokerchips I am not sure they have to much of an impact as algos work on both sides of the book the buy and sell .
Plus they keep the instrument liquid but the market is so fickle. I think when the market makers have had their fill they will bring it back up hopefully sooner than later!
Good question Zidane. We will have to wait and see what its at at the end of the day . Its totally overdone now, particularly as things in reality are not that bad. I guess the MMs are trying to squeeze the very last few diehards out of the market. Its dropped to far for even the shorters to be interested
Just hanging on in now
The thing with Deliveroo is that a lot of people don't want to be employed. Some are happy to do is ad hoc for a few extra pounds. It can be ideal for students who are fit and happy for a bit extra cash. Also some older people who just want to get out and about and earn some extra on top of their pensions . I've spoke to a few couriers, they don't want to be employed and tied down to a contract.
They like to feel useful and enjoy the social side of being around people and a bit extra money in their pocket.
If my memory serves me right didn't we have all this with Uber driers some time ago...
The do good-ers think they are helping and protecting people and in some cases they are however others are more than happy to be left to their own devices and do their own thing in this so called gig economy
Amazon could take them out with some spare change. Can but hope
Hardman & Co Research Hardman & Co Research : Chesnara (CSN) Initiation of Coverage: Could be the least worrying dividend you'll get 02-Dec-2021 / 13:50 GMT/BST
Hardman & Co Research: Could be the least worrying dividend you'll get
Life assurance consolidators should be boring most of the time, perhaps apart from when they do some M&A. Operationally, Chesnara has been close to achieving that, although recent events have made it challenging. Although cash generation has remained adequate in the past couple of years, the prospects of a calmer environment should bring a return to more meaningful surpluses again. A comfortable, but not overweight, capital position supports this. We expect continued, steady, operational and capital management activities to underpin the additional value that acquisitions and new business will bring in.
Please click on the link below for the full report:
https://www.hardmanandco.com/research/corporate-research/could-be-the-least-worrying-dividend-youll-get/
Yes the media love news and they love bad news and milk it and milk it and milk it .. Market makers must have had a fabulous day on Friday getting all those stops hit like dominoes on the way down.
The FTSE the biggest faller of all the indices which made no sense except ( because the UK default position is negativity we us British sadly have no faith in ourselves).
Fortunately we have seen it all before and held on to our positions and adding a few as well. Terribly disappointing though
Yes betting ...looks that way... crazy......
Yesterday..... market drop totally overdone and fuelled by the media. I loaded up on RR and lGEN on the drop...Hope i don't live to regret it....Rest of P/ F looking as miserable as a seaside donkey
Yes i hope so. I've also noticed companies that pay quarterly dividends don't get as affected by drops on ex day. Quarterly dividend hunters just hang on in there
its been a crap day on the markets today everything dropping. (Virus news i guess)
I closed out my 888 in a 4% loss today . It dropped big time on possible law change re maximum £2 online bets and £100
P/M max see link https://www.telegraph.co.uk/politics/2021/11/24/limit-online-bets-maximum-2-say-gambling-reformers/
Yes i think you are right about teens and Boo Asos.
Ive bought into Diversified energy company DEC today I was in it yonks ago when it was called Diversified oil and Gas .
DEC pays a crazy quarterly yield of about 11% . Its in $US like Shell but gets converted to £.
It goes Ex divi tomorrow.
The Divi makes it a super hedge allowing the price to drop10% without any loss