Member Info for RazorsEdge

Card Factory (CARD) is ‘thoroughly misunderstood’ and the market is factoring in no recovery for the greetings card retailer, says Liberum.

Analyst Adam Tomlinson reiterated his ‘buy’ recommendation and target price of 100p on the shares, which rose 4% to 36.8p yesterday.

‘The share price remains extremely depressed,’ he said. ‘The market is giving very little credit to any recovery potential post-Covid-19, despite the numerous catalysts announced in July’s capital markets presentation.’

Tomlinson said some investors believed management’s targets were ‘overly ambitious’ but ‘we think they are realistic and deliverable’.

‘Progress against these targets could see the shares rise by four to five times over the next three years,’ he said.

Associated British Foods (ABF) is set for a strong recovery as its Primark stores attract increasingly cost-conscious consumers, says Jefferies.

Analyst James Grzinic retained his ‘buy’ recommendation and target price of £23.30 on the shares, which rose 1.7% to £20.61 yesterday.

‘As expected, Primark’s relevance has remained strong post retail unlocks across Europe, despite an accelerated shift of apparel consumption to online,’ he said.

‘This sets the scene for 2020/21 as a year of strong recovery, with a challenged consumer playing into Primark’s strengths and a restructured high street leading to stepped up share gains in the physical market.’

Grzinic added that the group had a ‘remarkable balance sheet’ and would also benefit from ‘price resilience’ in sugar, which makes up part of the business.

Shares on major European stock markets were higher in trading on Monday after a report revealed an intention of the United Kingdom to introduce its Internal Market BIll that could affect the post-Brexit trade relations with the European Union, while the UK Foreign Secretary Dominic Raab said that the coming week will be crucial in the negotiations. UK Prime Minister Boris Johnsson is reportedly expected to announce today a new hard deadline for finalizing the trade agreement with the bloc.

The DAX was up by 0.67% at 7:59 am CET, while the FTSE 100 gained 0.76% at the same time. The CAC 40 increased by 0.71% at 8:02 am CET.

The euro declined dipped 0.07% against the dollar at 8:01 am CET, buying 1.18316, while the pound sterling was down 0.45% versus the greenback, to go for 1.32207 a minute later.

Breaking the News / AM

Shares on major European stock markets were higher in trading on Monday after a report revealed an intention of the United Kingdom to introduce its Internal Market BIll that could affect the post-Brexit trade relations with the European Union, while the UK Foreign Secretary Dominic Raab said that the coming week will be crucial in the negotiations. UK Prime Minister Boris Johnsson is reportedly expected to announce today a new hard deadline for finalizing the trade agreement with the bloc.

The DAX was up by 0.67% at 7:59 am CET, while the FTSE 100 gained 0.76% at the same time. The CAC 40 increased by 0.71% at 8:02 am CET.

The euro declined dipped 0.07% against the dollar at 8:01 am CET, buying 1.18316, while the pound sterling was down 0.45% versus the greenback, to go for 1.32207 a minute later.

Breaking the News / AM

I expect we should at least get an announcement date rns at 7am.

WOW.... in the video Jade is wearing Superdry sports Lycra.

Yehaa
I hope this is to run concurrent with some Super results!

Whoops it’s tomorrow already!

https://www.google.co.uk/amp/s/www.hellomagazine.com/healthandbeauty/mother-and-baby/2020090696593/jade-holland-cooper-julian-dunkerton-baby-interview/%3fviewas=amp

Tomorrow the Hello Magazine will have a feature and interview on Jade Holland Cooper (6 months pregnant).
I can’t say if Julian Dunkerton will make an appearance but I’d expect so.

From a business point of view it would be kind of daft to be celebrating family success in a main glossy with imminent negative news coming close behind on their main business front.
I don’t believe there will be, I’m just making a point.

Bring on the results they’ve been too long waited for.

This is French to English translation of a CEY recommendation. Have fun, anyone showing interest in you is always heartwarming no matter what nationality.

Happy Saturday y’al

If the recession persists or worsens, it seems very likely that governments will spend more, increasing their already large budget deficits, and central banks will kick in with more quantitative easing and unorthodox monetary policies. If history is a guide, it is a privileged territory for gold, given its perceived status as a haven and also a store of value. Egypt-based gold miner FTSE 250 has just increased its interim dividend by 50% to show what could happen if the price of the precious metal continues to rise.

https://www.urban-fusions.fr/2020/09/04/les-20-meilleures-actions-et-fonds-a-acheter-en-periode-de-recession/

Hello Peoplepower1, you are a diamond. An asset to anyone invested in Boohoo.
I’ve told you that long ago, and my opinion hasn’t changed.

I was in a River Island outlet today, and they have a hoodie with Chinese art writing on it (obviously a Superdry copy, but without the quality). On the size label it also said “Made in Bangladesh”, one can only wonder, under what conditions and at what hourly rate. What I’m saying is it’s common knowledge that the suppliers to branded clothing retailers is chequered, aren’t Nike made in Taiwan?
The real reason for the media’s treatment of Boohoo all points to Boohoo being way too good at what they do. They have rocked the entire clothing marketplace, hence the wolves have been unleashed.

Good to see no late evening savagery from the Guardian like last Friday. I think the result of all of this will be Boohoo will be squeakyclean at £14 a share. With mega respect from every source.
Keep a tight hold on your investment and as the ancient Persian adage says
"This too shall pass"
(I know the preacher doesn’t need to hear the sermon but the congregation will read the notes.)

Have a good weekend.
Boohoo, long and strong!
From my cold, dead hands, etc etc..
(What’s the chances of something positive being printed in the Sunday papers... That’ll come too)

Shares on major European markets moved lower in premarket trading on Friday following a sharply lower close in the previous session.

In European economic data, investors awaited factory orders fro Germany and the construction PMI for the United Kingdom. Meanwhile, nonfarm payrolls for the United States were also set for a release.

The DAX was down 0.29% at 7:35 am CET. At the same time, the CAC 40 fell 0.37%, while the FTSE 100 lost 0.60%. The euro declined 0.02% against the dollar at 7:40 am CET, buying 1.18490, while the pound was down 0.07% versus the greenback, to go for 1.32710.

Breaking the News / JC

European shares traded higher in the premarket on Thursday ahead of economic data that is to be revealed later in the day. Germany, the European Union, and the United Kingdom are all to release reports on their service and composite PMI for August.

The DAX rose by 0.36% at 8:05 am CET, while at the same moment, the FTSE 100 went up by 0.08% and the CAC 40 grew by 0.38%.

The euro lost 0.51% to the dollar to sell for $1.17950 at 8:06 am CET. At the same moment, the pound sterling decreased by 0.48% to exchange hands for $1.32872.

Breaking the News / JR

Wow I need to correct my previous comment on Josef’s “ocean” of Centamin stock, according to a search he currently owns 537,662 which is still to be adjusted downward by his 200k sale.

Maybe there is turbulence ahead.

https://www.marketscreener.com/business-leaders/Youssef-El-Raghy-07ZWX6-E/biography/

In this excerpt from the in Q2 report which deals with the Egyptian government’s licensing of new mines, the last sentence gives the biggest hint without actually telling you that the company has applied...

“We look forward to updating our stakeholders in due course.”
In my book this comment will look ridiculous if they haven’t applied.

“Egyptian Exploration Licensing round

EMRA launched an exploration bid round process at the end of Q1 this year for a series of blocks covering the Eastern Desert in Egypt. This process was initially scheduled to close in mid-July but due to circumstances around COVID-19, EMRA extended the first round submission deadline to 15 September 2020. This is the first bid round under the proposed new tax, rent, royalty framework that will be applied to new applications in the country. It is important to note that the terms of the Concession Agreement on our 160km2 Sukari tenement remains unchanged.

Centamin, with the only commercial gold mine in Egypt, believes there is significant untapped gold resources within the Arabian Nubian Shield, and is currently evaluating the opportunities presented by the current bid round. We look forward to updating our stakeholders in due course.”

https://www.lse.co.uk/rns/CEY/q2-2020-report-kl0euqisy1ljr10.html

On the subject of Josef selling 200k, I read nothing into it.
How can you arrive at any conclusion (good or bad) I believe you can’t but there are obvious observations. It’s not the end of the world, he only sold 200k which is nothing since he is swimming in them.
If there was anything alarming on the horizon for Centamin a 200k sale would be a meaningless attempt to avoid loss on his behalf since he has an ocean of the stock.

Shares on major European stock markets were higher in premarket trade on Wednesday as investors awaited German retail data and the housing prices report in the United Kingdom. Yesterday, Germany revised its 2020 GDP contraction forecast from 6.3% to 5.8%.

The DAX increased by 0.56%, while London's FTSE 100 declined by 0.63% at 7:28 am CET.

The euro was 0.08% higher compared to the dollar at 7:29 am CET, trading at 1.19024. The British pound was flat against the American currency, going for 1.33808 at the same time.

Breaking the News / MS

https://www.google.co.uk/amp/s/www.bbc.co.uk/news/amp/uk-england-leicestershire-53437645

Our report “Fashion giant faces ‘slavery’ investigation” (News, last week) referred to premises displaying the sign Jaswal Fashions. Jaswal Fashions has advised that it ceased operating a clothing business at the premises in November 2018 and never undertook work for Boohoo. We are happy to make this clear.

https://www.thetimes.co.uk/article/corrections-and-clarifications-9x3kt55sv

I printed a Sunday Times retraction about a Boohoo supplier about three weeks ago.

Not if it was about Jaswal Fashions but it definitely referred to Boohoo and it’s suppliers.

What’s up with these newspapers, they used to be reputable.

It’s the quiet ones!

Well doubled since March low of just over £6 this isn’t finished yet.
The stock is a prime example of those shares that the market overacted on and has now corrected.
Worth watching today.

Gold’s high of the session $1989.83

The price has advanced nearly 2% since the U.K. stock market closed on Friday so Centamin should trade positively today.