We would love to hear your thoughts about our site and services, please take our survey here.
'tis good that this thread is civil. I keep looking at the chart and find it difficult to see how we'll avoid 200p. Looking at the last month we can lose 10p in a week. As the market is so sentiment driven, maybe 200 will act as kind of whole number barrier which the market won't cross but that's probably a daft bit of speculation! (I keep reminding myself that I'm always wrong. ) We're seeing a number of fairly large ordinary trades at this depressed level which I'm hoping will stop it from getting there. The yield at that level will be pretty extraordinary.
I'm looking at a top up at 145. I 'feel' Barclays are a better bet than the high div paying insurers. No shorts that I can see.
Shorts seem to have increased. Aviva has no shorts. Dunno why that is.
Maybe this will drive the LGEN sp down. Tempting to add on the hope that things will recover eventually - but how long is eventually? The UK seems to be terminal decline. Massive debt and 100s of 1000s being added to the population each year. Ms T would probably cite the household analogy. Each year the cost of living goes up, debt increases and we squeeze more people into the bedrooms. So I have 190p in mind as a nadir and the risk of a dividend cut. I would get all sorts of vitriol on other forums for saying that, like I did way back with Vodafone and more recently with S4. Would of course hope there is some sort of recovery running up to Xmas, driven by investors hoping a low price will pay off in the end!
Huh - I wouldn't seek reassurance on here! We had a little rally (short term false dawn driven by MMs no doubt) but I couldn't see it getting much past £1. Stating the obvious it all hinges on the next update. Maybe there's been some magic in the background. . .
It's clear to all of us that the sp in stocks like LGEN haven't got anywhere in the last decade. We've had big dips in 2013,2017,2020 and probably this year's drop hasn't run its course. I've bought 'dips' which then just sink lower when with hindsight obviously you need to buy crashes not dips. I'm in the red on everything other than US funds. So like many I'm just hoping for a recovery but feel with the UK such a basket case the low value reset is here to last for the next few years.
I've long wondered whether the ups and downs is mainly due to short term trading only. It would be in MMs' interests to tease the prices up and down to keep trading revenue flowing.
Cumulus cloud formations over south UK have exhibited a bayesian inverse stochastic fibonacci retracement thus supporting the current barclays sp.
Surely we are at or around support level? I say that with NFI what I'm really talking about.
Shorts have increased recently which could mean a gamble on behalf of the shorters or they know more than we do.
Alternatively if shorting is self-rewarding i.e. always plays out then there's little hope for investors. the only reason is isn't banned is that the Treasury ultimately makes money from the trading that goes on.
Well today so far bought value is higher than sold value. I like to think this means something to the upside. Problem is, many of the trades are bots distorting the market. So much about today's world is annoying like that - it's like being plagued by flies.
If we can get above £6 I'd be content. For some reason I think that the winter period might be more favourable but that's just becuase I'm irrational.
People who post with a subject line like the above are clearly desperate to talk up the share even though no-one on here can make any difference.
This is very much a watch this space share.
I'm just gonna hold on for a year or so. More likely to creep up if I don't add.
that's right. well it's because the uk is a basket case and is isolated. singapore on thames my ****.
the more brokers talk up the blue chip 'undervalued' stocks the more they seem to go down.
i guess if you're lucky you can day trade but whenever i've tried that the stock goes down and stays down. the market moves to my tune alone.
Yes it's analogous to ambulance chasing.
Anyway, the sp today is the same as it was in 2011. What does that tell us?
Looking at the long term chart it would seem that it could either way in the next months or years.
The P/E is ridiculously low. There will always be a need for minerals. The dividend is good.
Just don't know. No-one does.
S4 should be £2 fair value. Sentiment is now the main enemy 'cos it's now clear it was over-hyped (all the talk about whoppers) plus the way it hasn't handled the comms so the City is bashing it. So now it's all about delivery: growing revenue and reducing debt (which isn't really that bad but what do I know). Also we need director buying.
Meanwhile we'll probably see short term profit taking which may keep a £1 lid on it.
More likely, everything I've said will prove to be wrong.
I am wrong 100% of the time. Beat that.
Anyway, what to make of the all the unknown trades at the end of the day? It seems that sells always exceed buys, but does this exclude unknowns?
Re Bp. I'm wondering if we'll every get back to £5+
If you look at the long term chart and consider it to be like a past weather pattern or something, then we'll go below 200 and any recovery will be a year or so. What's new though is the interest rate environment, Brexit, war in europe, climate activism, immigration and a govt that can't do anything about the dire state of govt borrowing. So it seems unlikely that we'll see any appreciable recovery in any of the bond proxy stocks. Only if you buy at the very bottom will you be in profit. That's all obvious of course. Just imagine if they cut the dividend as well! Small caps could do better but choosing the winners is like a lottery. Looking at the big risers they are mostly obscure companies and it's difficult to see how anyone could predict the rise from the information leading up to it. Well that's my view anyway as a know-nothing.