focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I got in months ago around 120 when everything was uncertain. Now there are multiple vaccines that uncertainty has gone and it’s a waiting game. If you are on the sidelines you can wait for a small dip imho but I’m holding so happy to let it run - hoping 2021 is not as bad as 2020!
Happy New Year to all and on to better times :-)
With Barnier pushed aside with Merkel etc taking on Brexit negotiations I’d say a deal, or the announcement of one, is imminent. I’m a LTH from March so I’m staying in for sure, may be a few bumps but I don’t want to be out of the market at present.
Also, the Brains news today shows this pandemic hitting the smaller brewers with very large companies able to weather the storm and expand their empires. Good news for the big guys - and their shareholders.
So gyms/hairdressers/shops (that’s all shops) can stay open but pubs must close (barring takeaways). Those that want to socialise will do it in homes anyway and others will go to shops etc to get out/do something, adding more pressure. Logic has left the building.
Oh, and there is a ‘new’ strain apparently, hmmm.
Rant over...
FTSE100 still around 20% off the 1y high so agree it is priced in to quite a degree, sure to be volatility around the decision however.
America is at all time highs even during a pandemic! so this makes me believe our suppressed ftse is more due to Brexit uncertainty.
Can’t see a rise soon but can’t see a large drop either, people hoping to pick up a bargain before normality returns are not taking the fact that normality is on the horizon now, in to account. Previous lows in March were due to lack of this. So shares price in future profits which we know JDW is well capable of (this was first loss for Tim since 1984).
maybe taking a breather now, the vaccine news was a major factor but that effect has worn off so now we’re waiting on news of actual deployment, especially for the one requiring minus 80C transportation- new to the NHS on such a scale.
There is also the extra QE which inflates asset prices.
Having the choice of a big chain or an independent is better for everyone but I have to agree with you that the table has tilted favourably for the likes of mars, jdw.