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Well we got the engulfing candle - that is a positive start

https://imgur.com/ksWLALD

This should make a big difference towards MAB profit margins in the near to mid-term, time for a reversal back upwards imo

VAT was reduced to 15% between Dec 2008 - Dec 2009 this could be repeated by Rishi this time around to provide some head room for the shutdown in activity of the past few months we will see

All the US news points to a major uplift in home sales and U.K. could follow suit with pent up demand. FTSE dragging behind euro stocks of late but once we get easements of lockdown measures should be well on the way and talk of supporting housing sector would give this a real boost imo

US home sales for May news due out at 3pm GMT

In New Zealand they use a barcode scanner system so swipe your phone and go in case there is an outbreak they can contact those via text to bring them in for a test. Sensible idea to follow if required - I see the price re-rating upward with buying pressure as the pubs and restaurants will return to profit and with the pent up demand and hot weather, could rebalance profit sheet from time lost imo

Last crisis in 2009 following quantitative easing (pumping money into system to keep it liquid) asset prices went up house prices soared - expecting the same this time around imo, BDEV strong fundamentals which will make all the difference in the next 12-24months

Could be some heavy buying next week, upward resistance around 275/80 if it can break above this strongly 325/30 target with 1 metre social distance, a lot more profit for MAB to come versus 2 metre distance imo

https://www.politicshome.com/news/article/boris-johnson-says-watch-this-space-on-lowering-twometre-social-distancing-as-he-tells-public-to-start-being-less-apprehensive

Will Boris reduce the 2 meter rule soon? If so, potential climb to upper band here around 280/290 and then push on for 200 day average 325

https://imgur.com/8CUbyDV

BDEV currently bottom of channel looking oversold - time to tick up?

https://www.express.co.uk/finance/city/1296523/rightmove-house-prices-UK-housing-data-prices-rising-England-UK

https://imgur.com/a/8ky4Z40

good to see SPD hoovering up more shares, less in free float should see the price continue to slowly tick up back beyond 400

Time to see the price tick up?

Hey folks, hope you are all doing well? any views and news on the current EMH status? I have not checked here since last year so wondered what is happening? thanks in advance, I will be doing some research shortly but any opinions are welcome...

for a change in direction

Close above 20day moving average things are looking very positive here IMO

http://www.telegraph.co.uk/business/2017/01/07/brand-sales-cards-sports-direct-tries-become-selfridges-sports/ should produce more cash for investment

Anything below 300p is clearly a buy and supported by the share buyback. Climbing above 300p and using that as support for pushing higher will be important as 300p a really large support/resistance IMO.

bloodybulls - prior to the update yesterday I could also see the support being tested but show what news does to push the price back up. Can see this travelling above 300p fairly soon IMO.