no light at the end of the tunnel16 Sep 2020 16:01
Jeez...where does it end? 3/4 of my portfolio (hsbc, bp, lloyds, pru, aviva..) 25% in red ....ongoing pandemic, Brexit on the horizon, I started to wonder whether to continue to drip feed to average down or stop all together until UK PLC (2022??) will become investable again !! :-(
given the status they're in I have a hunch the once they'll open trading this will fluctuate wildly in either directions until a major event for the business will stabilise the situation. A paradise for speculator & co :-(
what a pile of r@@@@sh! my wife works for Greggs in vibrant location in south London, she acknowledges the slow start but steak bake and vegan rolls are doing great, this will pick up pace in no time. Great company to be invested in.
mmm.. no institutional buys, lots of small retail trades for now, not sure MM is convinced yet. It will be at the mercy of day traders but should (painfully) reach at least 40s, current valuation is ridiculous.
What difference end of year results will make? We already know that new car market was hugely depressed. The "self imposed" fca investigation plus other accounting c@@@ ups blew this stock to smithereens. Soon as this is over and new car sales improves the stock will be on the move again.