Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The only people still “ invested “ in this dogshxt now are shorters like me or muppets who bought much higher ( for its secure and generous dividend hahaha ) and have in some cases also tried to average down ( good money after bad ). U.K. dividend stocks are the pits….as is the U.K. index full stop, terminal like the country, why would you bother, with brexit induced parabolic inflation U.K. will need high interest rates for years to come, buy 3 or 6 month treasuries which will be at 6pc plus soon, risk free. Duh.
Another uk listed pile of shyt ex dividend company that has wiped out capital….see vod/bt/direct line etc etc…..pretty much all of them….just junk….uk uninvestable.
Not if they’re holding long dated bonds like Phnx and L&G etc, the value of the bonds has tanked 30 pc and this is turning into the same sort of capital destructive dividend dog that abrdn and direct line have. Terminal, like everything listed in brexit basket case U.K. enjoy. 460 by the end of the year.
This dogshxt should break .70 in the next couple of days…..once that’s breached the move sub 67 support should be quick, very much doubt last dividend will be paid.
With what’s coming down the tracks for self harming brexit basket case U.K. these will see the previous lows of 270 again, massive self off in U.K. equities this summer, seems to have already started, my god the BOE announce a 50 pc rate rise and sterling FALLS, it’s behaving like a 3rd world currency. Terminal. 10 years plus of the awful tories, obese Boris and Slimy Farage, have wrecked the U.K., come back Blair, fast plz.
This dogshyt heading to the mid 50’s by oct. Terminal like brexit basket case uk im general.
Housing cycles last 7 to 8 years….this one just getting started, peak to trough should see houses bleed 30 pc….wont really kick off till you see unemployment rising.
Thank god I unloaded this, I think it’s just another U.K. domestic retailer that will end up bust and their units for sale like all the others we have seen disappear.
Either way, the acceleration in core inflation leaves the UK looking increasingly like the global outlier and the 'stagflation nation'," said chief UK economist Paul Dales; Reuters. Brexit the axxhole gift that just keeps on giving. Sterling tanking again this morning, behaving like a 3rd world currency, bleak, U.K. doomed.
Mystery how this turd is still above .70
Year low is 736, I’d expect that to be breached again soon then a move to next support 680, this is in a massive downtrend, plus their business model must be getting hammered, nobody buys U.K. shares anymore, even U.K. pension funds don’t touch them, it was happening anyway but brexit seems to have juiced it. Parabolic interest rates hitting housing market will feed into general economy, I think Guy Hands maybe right, U.K. is facing going to the IMF for help within a year. I’d say buy long dated in the money puts on this to short it, same with builders and U.K. banks. Could all get cut in half ( again ).
Reality is nobody is going to be buying any growth stocks or any retailers until rates start to come down and uk economy gets better, neither of which thanks to brexit, look imminent.
Dividend unlikely to be paid in aug, I’d expect a statement from management soon, this is being dumped for a reason. A short sub .50p buy in the money long dated puts.
Bloomberg: HSBC downgrades UK markets and calls them ‘a drag’ within Europe
HSBC downgraded U.K. markets to underweight from neutral, according to a note from the British bank.
Its analysts described the U.K. as “a drag” within Europe as its equities are under particular stress compared to other nations.
The FTSE 350 is among the worst-performing indexes in developed markets, HSBC wrote, and it expects earnings to decline by around 2% in 2023.
Bloomberg: HSBC downgrades UK markets and calls them ‘a drag’ within Europe
HSBC downgraded U.K. markets to underweight from neutral, according to a note from the British bank.
Its analysts described the U.K. as “a drag” within Europe as its equities are under particular stress compared to other nations.
The FTSE 350 is among the worst-performing indexes in developed markets, HSBC wrote, and it expects earnings to decline by around 2% in 2023.
Andy Briggs working his “ Aviva magic “ with this…has managed to take value down by 25pc since he took the job on….Phnx has got caught out badly with the bond market, have a feeling trouble ahead, for L&G too.
@adbon its not a “ good old company “ its a pos with a collapsing biz model, huge debts and poor management. Plus its listed in brexit basket case uk, on an exchange nobody will touch anymore. Good luck with it tho😂😂
Should be in the 60’s soon, this isn’t being shorted now, it’s just being dumped. Lease liabilities now worthless due to commercial property collapse, all those empty vodafone shops, so that’s another 12b of debt on top of what it already had. As soon as bondholders ask for a capital raise to reduce debt and dividend payout cancellation should be sub .50p, the collapse happening even faster than I thought. The whole ftse now held up by 5 shares, when they roll over ( 4 of them cyclical ) index will be back to 5400, short and trade U.K., it’s not investable, even the brexit ‘tards understand that.
From 5 quid at the end of 2015 to 1.39…..ah the wonders of the UK’s dogshxt capital destructive dividend stocks….buy for a 5 pc yield, lose at least half your capital and have the div suspended for two years. Terminal, just like brexit basket case U.K. in general. This is heading back to sub a quid.
God the U.K. indexes are full of utter dogshxt. Jurassic Park stocks. Capital destructive tired high debt dividend rubbish and financials that get cut in half every ten years. Most of the brexit damage and wrecked sterling sucking in inflation still to hit, parabolic inflation and high rates will see funds walking out the door at crappy lloyds and other U.K. banks paying their measly 2 pc interest when you will be able to get 6 in treasuries. Terminal dross, in a couple of years this shyte will be back to .22p with zero dividend a la 2010.