Member Info for Peakybinder

Covid cases also starting to rise, keep your powder dry until next year now in my opinion.
Best of keeping in cash... GLA

Plenty of novice investors on this board... Good luck with your early jump guys.

Inflation expected to peak next year, don't open the champagne for at least 6 months.. GLA

He's probably selling to buy back the volume cheaper later..

Nice pump and dump today by the traders tho...

I've my buy set at 59p, but happy to add again lower.. GLA

Guy below is right, precious metals had their day for a couple of years.. GLA

Wouldn't be buying anything yet, smelly stuff hitting the fan months away...

Us jobless figures rising rapidly.

And 65% of the fuel hedge ends march 2023. This will have a big negative effect as new fuel for a forward period will be significantly higher.. Sorry!

I'd say it's certainly worth buying, but im adding small amounts at every 10p drop.
Im also buying for a 2-3 year hold.
I doubt if this will be over 200p for at least 6-12 months. I can almost guarantee the next update will be more cautious... GLA

My gut feeling is 32-35p.

Feel for those that bought at raising, this is going far far lower.
Curry's this morning stated an unclear future ahead with reduced profits... GLA

July 7 - British electrical appliance retailer
Currys Plc CURY.L warned of lower annual profit on Thursday,
saying it expected the new financial year to be difficult due to
uncertain consumer spending.

Britons have been cutting back on shopping and withholding
purchases of non-essential items as the country's inflation hit
decades-high, pushing consumer confidence to a record low.
"Inflation is very likely to create a headwind to consumer
spending and impact sales, particularly in some of our more
discretionary categories," Chief Executive Officer Alex Baldock
said in a statement.

The company expects adjusted profit before tax for the year
ending April 2023 to be in the range of 130 million pounds to
150 million pounds ($155.26 million to $179.15 million),
compared with 186 million pounds a year earlier.

However, Currys expects to continue to be free cash flow
generative during the year.

Groups' like-for-like revenue for the full-year ended April
30 fell 3%

https://www.express.co.uk/news/uk/1635729/Bank-of-England-warning-UK-economy-Andrew-Bailey-update-today-Sainsburys-cost-living

There's thousands of stocks a far better investment than this dropping through the floor. Fundermentals are out of the window.
The huge drops are because investors are selling their stock market investments and holding cash.. Gold investors are buying the US Dollar. GLA

15p is my bet here over the next few months, let's see if I'm right... GLA

Jtan, turn your laptop off Pal, stocks are only going one way for probably the next 12 months...
The true impact of the global mess won't be clear until next year..
Even gold is selling off, that's never been seen before in a high inflation environment. GLA

https://www.kitco.com/commentaries/2022-07-06/Both-fundamental-and-technical-studies-agree-on-continued-dollar-strength-and-lower-gold.html

Divided results.. They had a good year, but very cautious about future. Also they are expecting margin to decrease to 3%!
Cash to also decrease... GLA