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Well put,
From the little I understand it seems that a vaccine is 12-18 months away but hopefully by July /Aug, enough people here and in other countries will have been tested to see how many people have had it and recovered (assuming recovery means immunity and not being contagious to others).
Checking in your test certificate along with your passport and booking card may be the norm for a lot of things - cruises, airlines, cinema, footy matches...
It would encourage people to get tested, although it might also encourage a lunatic minority who haven't had it, to go out and find it!
certainly would add more if I wasn't already way overloaded from jumping in at 40p.
As others have said, this is primarily an insurance company but it's being valued against cruise companies.
I didn't access the entire story but it seems that they purchased 1 billion dollars worth (not pounds) and this is spread across 4 majors not just RDSB.
Of course, now that the Saudis have part privatised their own oil company that could buy RDSB or BP (or both) from loose change. Although it wouldn't diversify them away from oil, it would diversify them away from the home market very well and give them more leverage at OPEC meetings. Just a thought - you heard it here first :-)
GOLDMAN CUTS EQUINITI PRICE TARGET TO 260 (300) PENCE - 'BUY' - I note they don't say when though.
The thing with EQN is that it never fails to disappoint. Luckily it's a very small part of my holdings so it just sits there a) as a reminder that I should really start using stop losses to avoid these situations but more b) hopefully someone will take pity and take out the BOD's either an active investor or a takeover.
I think, after this virus, there will be a lot of people re-evaluating their lives and their remaining time on Earth.
An indication of this is the jump in people having the often delayed conversations about wills, end of life care, work/life balance, etc.
The lockdown - whether it's working from home, being furloughed or unfortunately being laid off, will also highlight to people how little they can live on and still get by.
Also of course, a lot of the deposits for cruises and holidays being advertised at present are relatively small and are refundable if we are still in the midst of the current or a resurgent virus outbreak.
On a slightly different note, I also hope that Saga have been able to lock in a chunk of their forward requirements at the low fuel prices?
The media reported that people wouldn't fly after 9/11 - but they did and still do
The media reported that people wouldn't go to London after 7/7 - but they did and still do
The media reported that people wouldn't go to concerts or football matches after the Manchester arena bombing - but they did and still do.
etc, etc
The media (TV, printed and online) is the modern mainstream evil that religion used to be - but the real victims are those that believe it as gospel.
Life goes on and this too shall pass.
Oh dear Bob, GVC flying again today.
A similar prophecy to your post on GLEN late last night 'USA futures now gone red, I think that will damp the ftse tomorrow'
I'm not sure that they're tea leaves you're using to see into the future but you're supposed to read 'em not be smoking 'em!
I think you're right that a lot of people will re-evaluate what is important in life and indeed how long they have left.
Whilst (hopefully) this pandemic will not take me, the chances are - due to increasing age and reducing health, the next one might and if not, then the one after that. The idea of relaxing into old age to enjoy a long and stress free retirement has just taken quite a knock (and not withstanding that tax and inflation will be looming much larger in futures as well)
Now if only I could get the Saga SP back to 70p + that would help my early retirement plans no end :-)
Bobhope - Currently 515 up c. 9% - which open were you referring to?
Could I please buy all your shares at £ 3 - assuming you have any that is ?
although it's interesting that on those industry boards (and on here) you don't tend to hear from anyone who's actually working for them. It's generally the competition or former employees.
It would be useful to hear from someone working day to day how the turnaround is going, how the business in their patch is going.
As I think someone has mentioned previously here on advfn, their search for a new CEO will have become harder, or certainly more expensive, with Elliott on the share register.
The role will only appeal to a different type of character now, one that will need to have a shorter time frame to make a mark and one who will want to be highly rewarded if they are not in post long enough due to a complete takeover or pressure to do the splits.
I'd send in my CV but, whether regrettably or not, I'm not yet old enough to be a target customer, oh and I get sea sick on boats :-)
Harry cash - perhaps you could clarify, is your post 281 an entry for pillock of the week comment for last week or next ?
or they can see some writing on a wall that says debt for equity swap ? That is the biggest risk here
I cannot see a quick turnaround from the present /former management and I cannot see this situation being of much interest to an activist investor - just at the moment.
IMO, buying today at c. 5.5 p s a huge risk /reward play but waiting and buying when /if this gets to say, 10p would mean that the market believes the risk of the whole thing imploding has receded.
It's also difficult to buy in quantity as I understand that the NMS is 15,000 shares .
Not a problem if you can buy over a period but it might be an issue if ever you are looking to sell quickly.
The price must be doing well - other than trolling on Property Eye, sain@vision has stopped his daily deramping for once :-)