I think you will be waiting until towards the end of the summer for online retail stocks to start getting some love.
Shoppers and Investors alike are only interested in the opening up shares at the moment and this will likely last at least until June/July.
Even last week when the gov said they might have to postpone international travel IAG and EasyJet were still up.
You can go on at how great this company is but macroevents will almost always outweigh microevents (That Asos, AO, THG, etc are all down hard the last week speaks to this).
Probably not worth selling at this price but also not sure it's worth adding either. If this drops around 300p then you will be getting a good price IMO. At this price you are still paying for a future that can't afford many challenges or slip ups.
As long as you are buying shares for 3-5 years plus then this will be a good entry level IMO, but also IMO in then next couple months you will get a better entry prices.
I do feel it's worth pointing out that if you are actually going to attack someone, the last thing you will do is have it all over the media.
I'm pleased I didn't sell. Thought it may drop more in which case I would have added a small addition but happy to let this ride as still feel that soon some other threat will be on the news, probably about how china are about to invade taiwan.
Never forget the media wants to scare people that's how it gets more views and clicks.
exciting stuff, but a few months ago wasn't world war 3 going to be China vs India?
And a couple months before that is was India vs ****stan.
Also read at the end of last year Russia was building up it's armies on the border with China!
There does seem to always be some WW3 in the news, this is obviously the most important to us due to Ukraine, and whilst I do get the concern around Ferrexpo, I also 'think' that in a month or so we will be onto some other end of the world, maybe in the middle east, to take our minds off it.
The Biden thing I think is what happens with all big countries.
The idea that we (US, UK, the west) don't interfere in other countries politics is hard to match to what's happened in Libya, Iraq, Syria, Yemen, and so on.
Just to be clear the sacking of the Ukrainian official was not anything to do with him investigating Biden or his son, it was because he wouldn't investigate the elite in Ukraine. US government decided they don't like that and that's why they pushed for him to be fired.
Anyway, I don't think Ferrexpo are in danger, I haven't sold any of my shares though perhaps because I don't have a huge percent of my overall portfolio, and am quite up in this stock it is easier to do so. If this does drop I think I will be adding as uncertainty and fear are friends to the value investor.
There is a chance Ukraine could go up in flames, but then that's the issue with most miners as they do business in geoplolitically sensitive areas.
Long story short I'll try not to let the media excitement around world war 3 make me jump out of what is definitely a good stock both on price and on future global requirements, but can understand others taking a more defensive stance.
Just sold my last holding here.
Good luck to all of you who are holding still.
I think this is a good company but the market doesn't like it at the moment, too many headwinds for it even before the rotation to opening stocks.
If this falls back near 300 I'll look to start reentering (not that I expect that to happen) but a growth stock that doesn't grow is not much use to me and mid to upper 350-370 seems to be this stock's ceiling.
At least a value stock that doesn't grow still gives you a dividend and I'm not interested in being in the right, only about making money.
best way to get burnt is by investing because of what you think should happen rather than playing the market in front of you.
Your money should be fine here and who knows maybe will move, but I think there are much better opportunities out there and the last few months it seems most investors agree.
On the other hand this has moved 2p in the last 6 months and pays no dividend so basically the same as it siting in a bank account.
Shell, BP, Glencore, Ferrexpo, Evraz, Rio all up big in that time and paying dividends, and I don't remember any of them needing to take on more debt.
Like I said plenty of better options at the moment compared with online retail sector.
I doubt boo will be going more than about 10% in either direction from here in then next 3-4 months.
online retail is so last year!
Good company so will do well long term but no one cares about Boo, Asos, etc it's all about offline retail, travel and tourism and O&G and miners. Even Amazon is only up 1% since the start of the year.
If the figures are terrible it will crash but we all know they won't be, if they are amazing the market will just say we figured, and move on.
In a few months money might start trickling back here, but not until what is being seen as easy gains from opening up stocks slows down so July, August at the earliest.
All IMO of course and leaving some money in here as only a fool thinks he definitely knows what the market will do but the last 5 months is the trend and I don't see it stopping, even the Astra Zenica vaccine issues are being ignored
This morning is the response I was hoping for, I don't have a fortune here so maybe it's easier for me to let it ride but would advise some who have most or all of their portfolio in one stock to consider spreading it out
"Ukraine’s Covid crisis has deepened with record numbers of infections and deaths reported this morning. Health Minister Maksym Stepanov says 433 people died in the past 24 hours and 19,893 new cases were reported. The capital Kyiv has imposed a strict lockdown."
From BBC. This would be a bigger concern short term if they start locking down business
Hard to find a mining company not in a country with political issues, Ukraine, Congo, Chile, USA!
Part of why you get good dividends and with the amount of big infrastructure projects the US, China and Europe gave planned Iron is going to be hugely under supplied in the short to medium term.
Quite crazy the amount of bad press this company gets.
If you buy VW Up or Skoda Citigo it's the exact same car just with a different badge.
Oh wait, the brand makes a difference to pricing?
This is not a story at all, I think it's Warburtons that make Sainsbury's own brand bread too but they price their own brand differently.
People pay more for a label so this is completely normal.
Supermarkets often have the same item in the same store priced different, now that's something to actually make an issue about, not different brands that happen to come under one group.
I won't be selling.
Could be famous last words, but given where in Ukraine our mines are, I can't see them being inside a conflict zone.
If Russia do invade, I can only imagine it would be to link the Crimea to the rest of Russia, not to annex half of Ukraine which would need to happen.
If it drops more it could be a good entry as it has run a lot the last few months.
For now I'll hold
The register date is the date the company actually register who owns what shares in order to share out the dividend.
For us as investors this date means nothing as what the company will register is who held what shares at the end of trading the day before ex-dividend day (that's why today is called 'ex- dividend' it's after it'.
The reason for the lag is to determine who exactly owns the shares. For eg if you use Hargreaves Lansdown as a broker, when you put an order for 1000 shares you aren't really buying it, HL are and adding it to your account. So the gap is to ensure there is no mistake between people who sell just before the close still getting a div, or people who buy just before not getting it.
Anyone selling today will still get the dividend and anyone buying today will not.
Hope that helps a bit.
:new-to-market the reason FXPO are down over 8% is because the total dividend amount has now been taken out of the company's market cap (because it's set aside as share holder money now not company money even though it won't be shared out for a few weeks). If the ex-div date was tomorrow you wouldn't be getting as low a price to buy in today.
For the div you had to buy in by end of trading today.
You can sell first thing tomorrow and you will still get the dividend, I don't see that a valid tactic as share price will fall by same amount as the dividend (all things being equal which I know they are not).
I have to disagree power, I think you are in love with this share and that is just as dangerous to less competent investors as someone who is always negative for no reason.
I'm afraid you come across as someone who would have been standing with Jim Cramer in '08 saying hold Bear.
You say read F times every day and do research, which is correct, but then you yourself never act on that research if it says there are reasons to sell.
If your level is really 40p ish meaning despite your positive outlook you never added any time this dropped below 250 then maybe this could 100 bag for you.
At this level it's possible but extremely unlikely Boo will become a £400B company.
That would mean being similar market cap to Alibaba. Possible but incredibly unlikely.
That said I expect it will be higher than it is now. Currently it's cheaper than before we bought the latest 2 groups of brands so buying now will get those for free.
It could go low again as growth stocks are priced on future revenue which gets eaten away with inflation.
Personally I don't think we'll get very high inflation, current high cost of commodities I believe is more down to lack of supply then from money printing.
There will be spike in summer probably when countries start to leave lockdown behind and that may be when to buy here or other growth or tech stocks but the world has been doing QE since 2009 and yet US, UK and Europe can't even get inflation up to the 2% average they target.