Member Info for Savage_KeyboardR

Zuckerberg has gone large betting on AI for Meta... It hasn't helped their SP...

Since 24th Apr each time there have been attempts to pull the SP downwards below 1.04p It seems there's heavy buying kicking in to push stock back upwards. Though with each attempt made it's bouncing upwards less and less... Are we going to see the resistance at around 104p fail? Or can the appetite for BT stock prove strong enough to power it upwards if the shorts give up and close out?

I empathise with your situation Trisor and what I'm about to say probably doesn't help you here but.... being honest the factor which weighed on my decision to avoid investing in CPI in the end was I couldn't see good probability for either short or mid-term gains.

I only saw potential for dipping in for a very long term hold and right now I saw greater potential for mid-term gains in another equity. I'm keeping a close eye on CPI though because I'm open minded of the potential for that to change and I could take a position if it does.... Signals I'm looking out for in priority order: 1. General Election UK - if this happens very soon I will very likely take up a position but... it has to be soon, longer it takes the higher the odds I won't be buying in. 2. Better than anticipated results at the next CPI results, I'd only make an investment before seeing the results if a GE comes beforehand. 3. Significant uptick in UK GDP with simultaneous reduction in unemployment figs (unlikely to happen). 4. USA interest rate cut before BoE (unlikely to happen).

Sorry meant to add that a takeover bid could prove acceptable to existing shareholders at anything north of 28p. Anything less and I think it'd be rejected on the pinned hopes of AH making a turnaround and shareholders seeing better returns for a longer wait.

Most welcome... well I think CPI is already ripe for a takeover bid right now, that's because I can't see that another 1p-3p off the SP would make all that much difference to any takeover offer price which would have to offer something extra than the current price range to current holders but... I have to say that I don't think RWC share that view because else why sell the 1% they just offloaded? They appear to be betting a takeover bid will not be imminent with their recent move to unload.

Hi Trisor, I think it's very possible RWC may have been selling to counter losses on its other investments, perhaps. Either that or it may be their opinion CPI has further yet to fall, and they may have decided to either limit their exposure to those further falls or on positioning themselves to repurchase the sold share holdings for a cheaper SP? - Once thing I am more certain of... Given RWC selling 1% off I think they don't see a bid being immediately forthcoming.

As for prospects of a possible share consolidation for CPI - I think it'd be a highly risky move as it could trigger a massive fire sale by those with their triggers already hovering over the sell button... it'd prove hard to put that back into the bottle because so far as I can see the only 'hope' out there for CPI is the leadership that Adolfo Hernandez has brought to the table and many appear to agree that it'll take significant time to turn the tanker into calmer waters.

Capita is looking rather ripe for a takeover bid, I agree with that...

Huge moves overnight by US dollar strengthening rapidly against Japanese Yen... However, I don't think Japan will be alone in facing down this issue and UK £ imo will face some trouble on this front in the imminent future too... Does a weaker £ aid Capita? How much of it's earnings are drawn in from business abroad in earned foreign currency?

Given their sale already dented SP on Thurs 25th, (dropped at the open, again around 9am, and 13.30pm too)... I suggest there were plenty of buyers in the waiting for just a little less than everything they were selling because by COP 26th SP had stabilised...

No guarantee they will seek to sell some more next week and buyers appear to see value in the 12.8-13.5p range.

13.46p? - Best of luck! I opted for BT on the last occasion instead of CPI but I had been eyeing up buying a small stake in CPI.

Even I don't think it'll hit 3p!

I simply asked a question as just mentioning what I have been seeing, weakness in other shares which I've noticed tend to move in a similar pattern to TUI - Mike too has mentioned this pattern going on for many months now. If you have a counter opinion please share it.

I'm now seeing some early signals of selling and either almost red, or slightly red, on my watchlist... could we be in for another sell off and Sea of Red by COP today?

Hopefully UBS lose some cash on this blatant attempt to talk BT stock down.

Keep on topping up on the drops! ☀️👍

*but not bit

*seen not been

*naturally the law is NOT perfect, not naturally the law is perfect

Clearly I can't type today!

"I have thought for a long time now OFCOM, BT,s nemesis, has been behind all litigation, fines, court cases and share price destruction."

Well I think that is conspiracy theory nonsense... I get why these kind of things get traction & a bit of a following for a time period bit frankly I think that theory is codswallop.

Ofcom has to been to be giving a complaint by many thousands airtime & the due diligence checks and legal process to test if those claims being made are valid, or not... naturally the verdict can go either way depending on evidence provided by both parties to make, or fake, their case.

Naturally the law is perfect but it's the best system there is to test the validity (or not) of the claim(s) being made. We just have to await the outcome.

If had spare cash right now (I already spent what I had on another small tranche of BT stock) then I'd be buying up another lot... this stock imo is going to be a top performing equity this summer ☀️ - DYOR

Thanks Stupmy... I was wondering if its the US data triggering the losses... Also possible I spotted FaceBook shares are massively down today on AI Zucker spending apparently... now many funds/PI's have a toe in the water with FB and I ponder if some may be selling other stock to cover paper losses? Funds more so above PI's of course, as they often have to comply with percentage holding rules/policy and so on... e.g. pension funds in particular.

Lots of US data has been released Tue, Wed + today (ahead of market open just like they do here)... could those be the triggers?

I see it's selling off once again... as are many other equities... what's the trigger for the move today? - I spotted USA released some interesting data.