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Shares on major European stock markets were slightly lower in premarket trading on Tuesday as investors kept watch over the coronavirus pandemic. The global tally of COVID-19 infections surpassed 22 million earlier in the day.

With no major earnings releases or economic data reports, geopolitical tensions remained in focus. The Trump administration ramped up pressure against China with tighter restrictions on Huawei. Meanwhile, TikTok owner ByteDance has reportedly held talks with Oracle regarding the sale of the popular video-sharing app.

The DAX was down 0.10% at 7:50 am CET, while the FTSE 100 fell 0.22%. In Paris, the CAC 40 declined 0.13%.

Breaking the News / JC

Shares on major European stock markets were slightly lower in premarket trading on Tuesday as investors kept watch over the coronavirus pandemic. The global tally of COVID-19 infections surpassed 22 million earlier in the day.

With no major earnings releases or economic data reports, geopolitical tensions remained in focus. The Trump administration ramped up pressure against China with tighter restrictions on Huawei. Meanwhile, TikTok owner ByteDance has reportedly held talks with Oracle regarding the sale of the popular video-sharing app.

The DAX was down 0.10% at 7:50 am CET, while the FTSE 100 fell 0.22%. In Paris, the CAC 40 declined 0.13%.

Breaking the News / JC

Shares on major European stock markets were slightly lower in premarket trading on Tuesday as investors kept watch over the coronavirus pandemic. The global tally of COVID-19 infections surpassed 22 million earlier in the day.

With no major earnings releases or economic data reports, geopolitical tensions remained in focus. The Trump administration ramped up pressure against China with tighter restrictions on Huawei. Meanwhile, TikTok owner ByteDance has reportedly held talks with Oracle regarding the sale of the popular video-sharing app.

The DAX was down 0.10% at 7:50 am CET, while the FTSE 100 fell 0.22%. In Paris, the CAC 40 declined 0.13%.

Breaking the News / JC

Liberum has upgraded Asos (ASC) on the back of better trading at the online fashion retailer.

Analyst Wayne Brown upgraded his recommendation from ‘hold’ to ‘sell’ and increased the target price from £24.50 to £50.00. The shares were trading at £46.89 on Friday.

‘The upgrade to our numbers off the back of better trading but significantly lower returns results in a move to “hold”,’ he said.

‘While there is much to prove how sustainable the 4% earnings margin is, and progress has been made on costs, it is the lockdown benefit of lower returns that has driven this outcome.’

He said his new forecasts for Asos gave it ‘the benefit of the doubt’ and after a strong price rally ‘the shares are up with events’.

European stocks traded mixed in the premarket on Monday, pointing towards a turbulent session with investors awaiting news regarding Russia's coronavirus vaccine which has begun production.

Over the weekend, Bank of England's chief economist Andy Haldane insisted the United Kingdom's economy is about to make a fast recovery from the crisis, while the European Union approved sanctions against Belarus over violating democratic values.

The DAX slipped 0.07% at 7:30 am CET, while on the other hand, the FTSE 100 gained 0.05% at the same time. The euro advanced 0.11% against the dollar to sell for $1.18554 at 7:31 am CET, and the pound stood flat versus the greenback to go for $1.30875 a minute later.

Breaking the News / ND

European stocks traded mixed in the premarket on Monday, pointing towards a turbulent session with investors awaiting news regarding Russia's coronavirus vaccine which has begun production.

Over the weekend, Bank of England's chief economist Andy Haldane insisted the United Kingdom's economy is about to make a fast recovery from the crisis, while the European Union approved sanctions against Belarus over violating democratic values.

The DAX slipped 0.07% at 7:30 am CET, while on the other hand, the FTSE 100 gained 0.05% at the same time. The euro advanced 0.11% against the dollar to sell for $1.18554 at 7:31 am CET, and the pound stood flat versus the greenback to go for $1.30875 a minute later.

Breaking the News / ND

European stocks traded mixed in the premarket on Monday, pointing towards a turbulent session with investors awaiting news regarding Russia's coronavirus vaccine which has begun production.

Over the weekend, Bank of England's chief economist Andy Haldane insisted the United Kingdom's economy is about to make a fast recovery from the crisis, while the European Union approved sanctions against Belarus over violating democratic values.

The DAX slipped 0.07% at 7:30 am CET, while on the other hand, the FTSE 100 gained 0.05% at the same time. The euro advanced 0.11% against the dollar to sell for $1.18554 at 7:31 am CET, and the pound stood flat versus the greenback to go for $1.30875 a minute later.

Breaking the News / ND

FY20 full year results announcement

We anticipate that the Company's full year results for the 52 week period ending 25 April 2020 will be published in mid-September 2020. A further announcement will be made in due course.

https://www.lse.co.uk/rns/SDRY/statement-re-new-financing-facility-and-trading-fzwd7n2x1vh9t6k.html

It’ll come AKGold. There’s a tide of investors who won’t touch this until a proper company statement laying out a total market update with a decent strategy plan for the future.
Not only do these people believe this tactic of themselves they think anyone invested is running high risk.
It is interesting, should we be currently invested at all.
Watch it if the doubt is removed by a statement.
The herd will stampede!

Good points Kmolloy.
I’d say every setup that ever hit trouble had an ongoing banking facility, so S’dry exchanged one that was due to expire in 2022 for a 2023 agreement.
I was looking for assurance from the Gatemore investment and at the conclusion that a higher percentage would have been much more impressive.
The market didn’t jump when Gatemore announced but it did with the new banking facility.
In May after the last Jeffries update was the last time the shares rallied and they could well be about to again, who knows.
The market awards on merit.
You’re not wrong, we just need to JD/S’dry to show some merits.

Hellyeah there was a resilience to Superdry’s share price on Friday especially with the market trading down by 2% for most of the day, 3 at one point with a close of minus 1.5% and for a change S’dry closed up.
It may well prove to be the beginning of a rise to a higher trading level.

No complaints at that!

Someone mentioned on this BB that Warren Buffett had upped his stakes in gold, I found this interesting as well, that he had divested of American banks... interesting times.
Are these rumblings/tremors prior to an earthquake?

Berkshire divests from large US banks
Warren Buffett's Berkshire Hathaway revealed in a filing with the United States Securities and Exchange Commission (SEC) that it reduced its stakes in several lenders in the second quarter of 2020.

Berkshire said it dissolved its stake in Goldman Sachs, reduced its stake in JPMorgan by 61.5% to 22.2 million shares and cut its stake in Wells Fargo by 26.5% to 237.6 million shares.

Breaking the News / NP
With Mickey Mouse on the top of the cake, if the whole thing wasn’t so serious!
MM quote:
“It may get bigger, it may get a little bigger, it may not get bigger at all, we’ll see what happens. But regardless of what happens, we’re totally prepared,”

Jimini can you imagine the market reaction if JD/Superdry announced he had hired someone of similar calibre as John Lyttle of boo-hoo, and on a similar bonus driven contract.
Ha ha...
When I apply that kind of thinking to it, I start to wonder could JD be really asleep at the wheel?

One headline!

https://www.instagram.com/p/CD8Zujmp3iV/?igshid=1rekd843kergg

MeBond46 over the years I had become accustom to expect any article recommending a gold miner to always mention some other miner but it’s as if Centamin has come into season, it’s our turn to burn!
Now we’re popping up everywhere!

https://www.google.co.uk/amp/s/masterinvestor.co.uk/equities/3-gold-miners-to-ride-the-next-wave-of-qe/amp/

Aim-listed fashion giant Boohoo (LSE: BOO) fell out of favour with the market a few months ago following concerns over working conditions in warehouses supplying garments to the fast-fashion specialist.

Although it’s vital that any concerns are addressed, I sincerely doubt this episode will impact the company’s ability to grow investors’ wealth over the long term.

Based purely on recent trading, Boohoo is a business that’s hard to fault. A beneficiary of the lockdown, total revenue jumped 45% to almost £368m in Q1.

One big drawback with the company, however, is its valuation. A forecast price-to-earnings ratio of 43 is not something to be taken lightly, especially if more revelations emerge.

Like XP, however, BOO’s valuation arguably becomes less important the longer you plan to hold its stock. Those with five years or more to go until retirement could still do very well.

https://uk.finance.yahoo.com/news/state-pension-won-t-comfortable-064730569.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvLnVrLw&guce_referrer_sig=AQAAAFWnFb8ChCu6pn9AB1a9CFhO_fYcDoufIm-Ro_daJoQoDVJMZWEyd-TCx8XEfQxw5u7UmHmKiuvXU1SPI9BTT5lg65i8E4aPExlrOlBFhVRRVWHpJFNyJFfKZo2wGIuHOnb7f3DnZWYNM87EHHpF5ObX7jin-HZt_vscLycG6yQ4&_guc_consent_skip=1597541313

Gold finish My final tip to start investing in UK shares after the market crash, is to look for a little exposure to gold, via shares in a gold miner. These often do well (and pay generous dividends) when many other shares are struggling. If I had to choose one gold miner to invest in, I’d plump for debt-free, low-cost producer Centamin.

https://www.google.co.uk/amp/s/m.uk.investing.com/news/stock-market-news/10-uk-shares-id-buy-to-start-investing-after-the-market-crash-2190236%3fampMode=1

The Superdry website is as equally targeted as possible.

https://www.superdry.com/?nst=0&gclid=EAIaIQobChMI_7HY_sSb6wIVDO7tCh0DSwJoEAAYASAAEgJzOfD_BwE&gclsrc=aw.ds

Jimini I have little knowledge on Superdry and thus unable to speak on what’s going on inside Superdry.
All I can do is apply my common sense.
If I was JD and had £50/70m of my own plus a 17.9 % stake in Superdry I’d be tempted to use my own money to get some sort of a plan implemented that would help drive the share price up so I could benefit via my ownership.
Maybe this is going on.
Are the 19/20 results that pathetic that he is trying to hide them?
It’s not logical.
Tell the market we had a crap year then on to the next one!

Until Superdry state concrete success any other comments will be ineffective.
Like trying to inflate a tyre that has a puncture.
It's pointless.
The market wants to see the 19/20 return first before any points will be awarded for any other achievement.