Member Info for Shaun_LSE

Ha! When oil is 250USD a barrel in August and a packet of crisps is £2.50 and the mortgage defaults start, I don't think Lloyds bank will be worth much! 27p here we go again!

Look at all of these "fires" in food production and petrochemical plants and chip manufacturers. Then look at all the fish farming and poultry operations shutting down and put 2 and 2 together. There is a big drop in food availability coming, and population, it's war already, they're just not telling people about it yet.

The 45p buyback couldn't even keep it at that level, it's all debt anyway!

Give it a rest sharkz, you're making a kafuffle.

Seems a lot of support @ 67p, might buy some more, I still thing 50s is on the books once the state of the economy really gets reported.

Yes it's slipped below 80 support. 73p on the books again? Not sure if it will, looks like it, finger hovering on sell.

"Barclays cuts Royal Mail price target to 320 (400) pence - 'overweight'" Although I give it little credibility, PE ratio wise, still they show intention and I always aim for a lot less than this. I think 230p is on the books!

What do you base this on? Possible strike action to be announced July 19th, I can see a drop with that and the Ex dividend.

Valuation aside, price action looks pretty good at 80p again. I've just bought a little and hope to ride the bounce back again. Timed it very right last time, unfortunately didn't put enough in.

Well, it didn't make a greater high, and is till in my bounds for a downward trend. Who would have thought another jump like that!

This happened in April! When you hear about a "bull run" in metals etc about to happen, it's already happened and it's being pumped. I think price action is keeping the SP afloat then, as it's historically cheap.

Mate that's a bit low. Keep it topical wtf!

A lot of TLDR sorry. If I had kept my ITV i'd have been way out of pocket.

Too early to buy yet, we need to see where the bottom is! My gut tells me 62p by end of May!

I bought again at 254. I'll wait for the bounce back and sell at 270 ish, what I bought today. Am working towards lowering my price per share by trading half my allocation.

My opinion... Tesco is in downtrend, will be 220 to 230 again by sept.

It's smart money that moves markets... hedge funds. They can move the markets, so they're out taking gains and buying when other's stop losses are being taken out. It's not turbulence, it's price action from them.

Nice drop just now to 2.68. I just picked some up for the DIV, last day to buy.

I've just put in the RSI indicator and drawn some trend lines on it.

Toms been right when everyone else was ramping at 120p. Fact the facts, he knows what he's talking about.

Anyway, shorts are up in may, I see resistance ahead. after 73p is hit again a drop back down to 67p.

Well, that was last year's results, and a lot of this investment might be very costly considering what's coming.
Old Time, what is oversold? The smoothed weekly and monthly Hekien Ashi has turned red, the RSI is dropping into sell off from mildly overbought, the peaks are lower, price action dictates all. Look at the monthly cycle, it's going down!

Don't tell me to move on because I have a different perspective on things. Markets are crashing. I am betting 20p by late June.

longtimeinvestor: What is speculation?
We'll see by the summer. The BOE has said this year is going into recession amid sky high inflation and a cost of living crisis. SP don't tend to do well when that type of SHTF!

Any ideas why this dividend is dropping?

It's cyclical pump and dump.
Look at the ascending channel here:
https://www.tradingview.com/chart/TSCO/3M36Cwit-Tesco-s-Cycles/
I'll buy some back in at 234p, but wary it's been high on RSI for a good long time, this macro up trend might reverse!

In case you missed it:

https://www.ukdividendstocks.com/blog/admiral-7-5-dividend-yield

Currently very undervalued, good value with DIV at £33.

I topped up a few more shares and will reinvest the div. Insurance is seemingly undervalued atm.