Member Info for Shaun_LSE

It's a pretty rosy forecast of things back to normal 2% inflation and back to GDP growth by 2024.
I can't see that happening, things are going take years to recover.

Well, metals aren't one of them. And the SP is based on profits, so if input costs go up and demand weakens, profit drops.

I'm out also, probably at a small loss after I get my dividends, but things do not look good globally for 2023.

Recession coming, drop in demand for everything.

In real terms house prices are barely keeping up with inflation, and interest rates are still very low, in real terms they are negative. They have removed of base rate +3% affordability checks and now there are 30-50 year mortgages coming out. Buying is still preferable to renting and there are a lack of houses.
PE ratio of 7 and 7.5% div. I think it's reasonable price currently unless we have a huge recession, which is certainly a possibility.

The hedge funds will have cashed in and started the next pump. They control the timings.

Now's the time to start buying! It's turning around on the monthly. I'd say 102p next high. I'm going in at next reversal on daily.

Well you could say it had gone up 18% from mid to end of July.
Obviously a pump and dump.
I think down to 63p again then up trend, people are cancelling subscription and will be watching free ITV.

I just doubled my holding. I think we might drop some more, but bird in the hand...

It went up too much because of the vaccine boom? Now a lot of vaccines are being cut back, and at the tail end of this GSK decides to cut out and concentrate only on vaccines.

Also I read they were to make a lot of NVAX's vaccines and we can all see what has happed to that joke of a company.

I think the sell off will continue with a few bounces. I'll buy a few more at 1300p when it hits there again. Until the I'll save the DIVs.

Sorry what is the UT?

04-Aug-22 18:19:28 3,236.73417 454,276 Unknown* 3,219.00 3,220.50 15m
04-Aug-22 16:35:27 3,219.50 729,162 Buy* 3,219.00 3,219.50 23m UT

A couple of very large purchases I assume, showing the resistance at 3220p.
Glad I chose to buy back in here also with the portion I sold at 3330 the other day. And a good Div around the corner!

"...global warming....mmmm. it's incredible the amount of 'intelligent' people have been drawn into this"

Funny that! Maybe because it's based on easily understandable facts, things that stupid people take issue to!

Peter, Thanks for your stalking, but kindly accept other have a different opinion without trying to discredit.

I've got a few predictions wrong but I'm outperforming the market by far and have gotten my average share price in BP down to 2.40.

So it's working with the charts already thank you! It's a simple basis of supply and demand, literally can go up or down.
So if you guess you're going to be 50% right from the start!

Lotter on the other hands is 1 to many millions, so it's a bit of a dumb comparison! Btw I know you meant it as a joke but I'm sick of people trying to assassinate other people's reputations on here for having a slightly different opinion.

I sold 25% at 393 and will buy back again at 373/67 before ex date.
Better to buy back in early and get the div, should be able to by Friday.

It is time to get out or prepare for trading a bumpy ride down!

Give it a few months. If it's not by new year give me your paypal and I'll send you the value of the shirt off my back.

Nobody can time the market accurately. I'm standing by it.

I'm just giving a heads up. And I am, I'm about to sell out at the next high.

Look at the monthly FTSE 100 MACD. it's just gone over. Economy is going to hell.

Protect your money people!

Back to 27p when the CEO's have had their bonuses and the buyback becomes a sell off!