focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Theaky, with respect, nope. Prighozin has said the war was a mistake and it will make it much more likely that there will be a negotiated settlement. IMO.
What it will do to oil prices, I have no idea however. Would be good to hear views from others. ATB
Oh dear Terry. You must need a calming cup of tea. Prighozin has already said it was a mistake to go to war with Ukraine. If he takes over, a ceasefire and negotiated settlement is much much more likely. The republicans will be hating this as this plays well for Biden. IMO of course. ATB.
Must be a sucker for punishment but i'm back in here at 98.24. I realise this is an enviable entry compared to some. Lets hope all of us do well. TBH my initial entry at 115 i thought was excellent and i only sold as i needed to free up cash to add to ASOS. Anyway, good to be back. I cannot fathom why it has dropped so much so quickly on interest rates alone as presumably agreed borrowing is baked in at an agreed rate! Hopefully no one is going to say to be repayments are due imminently!
I haven't looked at this for a week or so after i sold my holding to buy more asos shares. was fully intending to return here. What on earth is happening? This seems very odd as i cannot see any negative stuff and directors have added so should reassure. I intend to buy in again so will keep a watch for entry. Good luck folk, hope you are all okey. Not nice when SP drops for no clear reason.
At this stage, it's very reassuring to see director buys at this level. But we have been here before when the Chair bought at 85 or thereabouts.
The sP will only truly be meaningfully better with FCF being demonstrated. For that we may have to wait but at least a new higher baseline level has been established. Atb
RevB is suspended from trading and this management team were in charge.
Lashing out at others isn't a great template to use. I can see BOO being opportunistic but none of us really know what is going on behind the scenes but public spats are not the way for a CEO of a listed company to behave. Imo.
I am not buying this catastrophising. Fair play to those waiting to buy at lower levels. Buy when you are comfortable. I am at these levels happy to gradually accumulate. This downturn is being magnified by the usual drama the press like to create. I am not minimising inflation as a problem, just the hype about a 'collapse'. ATB and this is IMO.
What i meant to also add is people will prioritise mortgage payments vs other expenses. Not good for the consumer industry and travel i suspect, but as for PSN - its a case of wait and once this storm has passed, prosper.
Quickdip, I agree with you that dividends for the next 12 months will be limited if any. I am taking a much longer view here. These prices are cheap. HB will return strong once cycle turns imo. We have a national shortage of houses. PSN have a strong balance sheet and while short term profits will be hit by inflation, they have learnt from the 2008 downturn and will adjust build rate accordingly thereby managing outflow. The bounce will be rapid when it happens. I am perfectly happy to wait it out and accumulate. Added more at 1118 this morning and very happy with my average of 1207 currently. This goes lower, i will just keep adding. I am not giving advice btw, just feel very comfortable with my investment and am happy to take advantage when i see it. ATB
In the business section online.
Matthew Moulding gives up THG ‘golden share’ rights early
Fairly nondescript article with the wrong closing price quoted for end of today. Not worth reading but no publicity is bad I suppose!
Some people really do spout a lot of tosh. The UK has a housing shortage. Period. Interest rates will cause people to move less, maybe, but people still need to live somewhere. If cut backs are needed, consumables and holidays especially day trips are more likely to be sacrificed. Inflation and high interests have already been factored into the SP. Imo. Ignore the fud. I've bought more at 1150 today. Atb.
This is hugely significant and sooner than we thought. Maybe the trip to the Middle East was just a coincidence! I personally think otherwise. IMO something significant is imminent. Crazy times on the THG rollercoaster are here again!