Member Info for Porsche1946

Unloaded this at 1.73 and glad to be out. U.K. facing huge problems, political self harming basket case, sterling on the slide, market where is was 21 years ago, inflation thanks to parabolic energy prices is going to ramp up interest rates, housing is based on affordability, serious correction coming, already seeing it as growth stocks fail, think asos/Ocado, house builders it’s just all downside risk with little upside, chasing dividends is a disaster, wasn’t that long ago these were 18p, everywhere has its issues but U.K. a terminal case since brexit fiasco.

Pretty much as I predicted, the charts for this are dire, gone through every support like a bullet, don’t take any notice of brain donor U.K. brokers, some of these actually think it’s a good idea investing in brexit basket case uk for heavens sake. Once this goes through 30 it will move like a missile to 2200-1800, from there you will just have to see what happens with Shein. Could see it back at 10/12 quid. The high st crxp they bought was capital destructive, bad move.

Still at 4 quid, doing worse now than under Andy Briggs. Utterly hopeless. Nothing moves this steaming pile of sxxt. No growth, share price has halved in 11 years and another dividend only capital destructive stock. Buy US growth, in the time this has gone from 8.50 a share to 4 Amazon has 7xd. It’s why ftse 100 is dog index of the world, that and the fact brexit is an epic fail and the country is now a high tax low productivity political basket case. Buy elsewhere.

Same level it was in 2012, pitiful even by dog index of the world brexit basket case U.K. standards. Avoid, have traded this but management are very sketchy now, declining business model, capital raise coming, dilution, guaranteed.

Going back to 3.25, HK likely to vaporise for Hsbc so they are basically fxxked.

SHEIN is going to decimate both asos and boohoo. Back to 1800 by Feb.

This pile of steaming back under 4 and the ftse the same price as Oct 1999, omfg, what a pitiful sxxthole the U.K. is, cant even put food on supermarket shelves anymore and the indexes a world investment joke.

LONDON (Reuters) - EasyJet’s biggest shareholder, the family of founder Stelios Haji-Ioannou, has decided not to participate in the British airline’s 1.2 billion pound rights issue and has sold its rights to buy new shares, a source familiar with the situation said.

That para tells you all you need to know, dead cat bounce over, 450 by Dec. Terminal.

The usual losers stuffing their crappy little isa’s with capital destructive ftse 100 dross, dont woz, you will have plenty of chance to keep filling your isa with rubbish like this, aviva, gsk, abrdn etc etc as the prices sink back to and below where they were March 2020. The companies are rubbish and there is a very chance hsbc will lose its banking license in HK.

3-5 years will be where it always is, in a range of 1800 to 4200, however, more shares in issue, thin margins and SHEIN who are destroying both asos and boohoo. Fact. Target price, 1900 by Feb 22.

Credit Suisse, who had a target price on Aston Martin of 18 quid before it went to .48p. Hysterical. IAG has 11.2 net debt, huge pension liabilities, is now a third smaller, twice as many shares in issue and jet fuel is going ballistic, add in long haul is fxxked and this is now an endemic ( it ain’t going away ) not a pandemic. Bond holders will take control of IAG in a debt for equity swap, shareholders will be pretty much wiped out. On its way to under a quid now. Why are you invested in cxxp like airlines BEFORE another covid winter? Use the usd denominated Jets etf to play airlines, not dogs like iag and easyjet.

Ftse same price as 30th Dec 1999, pathetic, S&P has 3xd in that time, Aviva has lost half its value in ten years and the problem with the index is that it’s stuffed full of dross like this, gsk, rubbish banks and hopeless energy stocks. Having said that, tories and brexit an epic fail for U.K. plc, only hope now is that it all gets sold off to foreign buyers asap so we shareholders can exit it once and for all.

Has an ASOS feel to it, heading back to low teens. Hooking up with a crxp company in terminal decline like MKS was probably in the long run not the best choice for Ocado, a backward step.

All going exactly as I said, sub 2400 by March. Shein a huge problem, thin margins, logistics issues juiced by the brexit epic fail, altho even I’m surprised how quickly these are falling, a highly manipulated Aim share, a good trade when cheap enough, just following usual same pattern. U.K. a high tax low productivity country heading for recession, tories an utter disaster.

“ libelous “. `get a life. HL staff are muppets, i shifted over 650k of shares from them to IG and Internaxx and it was a nightmare, took forever, cost a packet and they were utterly clueless. The staff were brain donors. HL shares have lost 40pc of their value in five years, its a dog of a company and a dog of an investment, like everything on the shxttiest index in the world. If you stop buying crxp like easyjet and buy USD denominated quality growth stocks on the S&P you may start making some money rather than being blackmailed by the easyjet BOD to buy more of this crxp, ie get diluted if you don’t take up the rights.

HL are a SHXT broker. For muppets only. Use IG or Internaxx.

This won’t be the last capital raise for easy. Net debt is 1.2x 2019 earnings, huge, this capital is going to plug a hole for the winter, next to none of it is investment in growth, purely survival for now. Sell the rights, bank the money and if you want to make money on trading an airline use the USD denominated Jets ETF, no stock specific risk and US airlines in a much better position, it’s how I have played the covid/airline trade…vvv profitably. Easyjet will be sub 4.50 by Dec. Hester is a terrible management choice even by dog index of the world ftse 100 standards. Dump it. As for iag, 11.2 billion in net debt, completely unsustainable and will end up part nationalised, as will Heathrow.

Actually the real exodus started after brexit, the whole austerity thing was a killer for the U.K. but brexit just made the U.K. uninvestable in the words of Berenberg, apart from anything else it was seen as a self harming political basket case and worse, who wants to buy shares in a depreciating currency, sterling has gone down against every major currency for 11 years running, medieval productivity levels dont help. It’s not traders like me that make the index crap, it just IS crap because of the backstory. I really do fear for the UK, i cant really see any way out for it except for more sterling depreciation to stay competitive. Just invest elsewhere!!

It’s not “ oversold “. This has followed the same pattern over and over for ten years, with slightly lower highs. This will eventually, not in a straight line, hit 2400 and it will move between there and maybe as low 1700 but I think 1900, for a while before it does its usual climb back to 3400/4200. Supply chain issues, thin margins, diluted shares, competition, its nothing special, but a decent trade, iv made good money on it but you dont really “ invest “ in sxxthole U.K. and its rubbish indexes, you trade it for profit.

As I predicted once that idiot Hester was onboard, he is a disaster even by dog index of the world ftse 100 standards. This money isnt for investment ie planes paying down debt or slots, its to cover cash burn and the bondholders ( who may well end up owning easy ) will have dictated it. If there are more lockdowns in basket case U.K. this winter these will have a four in front of them with so much dilution. Avoid. As for IAG it now has 12 billion in net debt, terminal, a short to about .60p a share. Use the Jets ETF USD to play airline section and avoid stock specific risk. Easyjet will never recover to what it was, dream on.