Member Info for SimonPassmore

Drop to the 600s on the cards
500s after results

This looks be falling to the 600's and then the 500's, maybe 400's after results

Will break 60p soon and be hovering nr 70p nr results time

Timberree. would normaly ageee Terry as this was a shorters dream but not anymore
Lewiss has done well and they on the way to a higer share price
the cyber attack wont have any effect on capita at all

Go on Nofeare get this back down to 30
Not sur about the pegged target youv prob been pegged by the missus a feww times thouhg

Hi Aim. 20p tomorrow.

massive market sell off here imho

Huge sells

well well well. sub 30p imho lads

Crikey, this is going to tank

Are you aspergers L5?

True scb, but they do sometimes do slight variations of the same joke.

I reckon 8 quid close of play Monday. Then will open at 3p on Tuesday morning.

60p first target, almost there. Will leave some gor a quid too. All depends on other opportunities really.

That's the whole article. Stiff not related to Boohoo there too.
What's everyone's target price?

The shares dropped 21p, or 6.9 per cent, to 284½p. Lloyds, which is due to update the market next week, was heavily punished by the market too, tumbling 2p, or 3.8 per cent, to 51p.

The negative session on Wall Street hit Scottish Mortgage Investment Trust, which has shares in most big American technology stocks. The shares slid 23½p, or 3.2 per cent, to 737½p. Allianz Technology Trust, another vehicle through which UK investors can invest in Big Tech, retreated 9p, or 3.8 per cent, to 229p.

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Weaker oil prices, fuelled by concerns that higher interest rates could weigh on demand and also by signs of ample supply, led Shell to drop 46½p, or 1.8 per cent, to £25.41, and its great rival BP to give up 7¾p, or 1.4 per cent, to 560p.

Against a downbeat session for stock markets, Segro won over investors as the warehouse landlord raised its full-year dividend, pushing the shares up 30p, or 3.6 per cent, to 866¼p.

Off the main market, shares in Creo Medical popped up 9½p, or 38.8 per cent, to 34p after saying, because of “strong investor demand”, it had raised £28.5 million in its first round of fundraising.

EnSilica, the chip maker, jumped 9p, or 9.6 per cent, to 102½p as higher revenues helped to narrow its adjusted pre-tax losses in the six months to the end of November.

Wall Street report
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After a negative start driven by hawkish remarks from the US Federal Reserve, indices pared early losses with the Dow Jones industrial average actually closing up 129.84 points, or 0.4 per cent, at 33,826.69, still down 0.1 per cent on the week.

MARKET REPORTS
Boohoo leaps back into fashion thanks to reopening of China
Jessica Newman
Friday February 17 2023, 7.00pm, The Times
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Adding more miners and airlines to your portfolio is an obvious way to play the grand reopening of China, but might there be another option? Analysts at Exane BNP Paribas think so.

They are particularly fond of Boohoo, arguing that the fast-fashion retailer is an “underappreciated” China reopening play. They point to the benefits of air freight becoming cheaper and quicker, while their estimates assume that the country forms about 40 per cent of the company’s total sourcing exposure.

The French bank believes this will help Boohoo to respond more rapidly to new trends with its “test-and-repeat” model — making small batches of lots of different clothes, then speedily stepping up production of the most popular designs — that also should help to reduce discounting and drive better sales performance.

An open China boosts Boohoo because it is the source of 40 per cent of its supplies
An open China boosts Boohoo because it is the source of 40 per cent of its supplies
The analysts are aware, too, that the opening up of global air travel gives Boohoo the chance to strengthen its delivery proposition to international customers, including in the United States, where Shein, the Chinese fast-fashion powerhouse, has been muscling in. With all this in mind, they decided to raise their “neutral” rating to “outperform”, inspiring a rise in the shares by 5¾p, or 11.8 per cent, to a six-month high of 54¾p.

Having roared to record high closes in the past four sessions, the FTSE 100 finished the week in the red, or at least in unfashionable pink, as investors gauged the prospects of further interest rate rises. European bourses, including London’s leading share index, tracked Wall Street lower after the possibility of a bigger
50-basis point interest rate rise was talked up by two of the Federal Reserve’s policymakers. They were reacting to expected US inflation figures that were stronger than had been expected.

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The FTSE 100 edged marginally down by 8.17 points, or 0.1 per cent, to 8,004.36, but its stellar performance in recent sessions meant that it finished 121.91 points, or 1.6 per cent, higher over the week.

The more UK-focused FTSE 250 fell 92.52 points, or 0.5 per cent, to 20,088.93, but it also ended the week higher than where it had started, gaining 58.86 points, or 0.3 per cent, on aggregate.

NatWest, the third of the big banks to report its full-year figures, dropped to the bottom of the FTSE 100 as traders looked past its bumper profits after the lender warned that rising interest rates may not deliver the long-lasting earnings bonanza that investors hope for, while its financial forecasts for this year also disappointed.

Thanks mate. Usually it's mystic moron.

me thinks

Its going to stay at 46p for the next year