Member Info for southcoastbather

Midway you are referring to a post that was made in 2021.... Pre war and the the problem's that come with it.

You said it was going to be a bumpy ride, the reality was that anyone buying at 51p (which you called as the top of that rally) just had to sit back and do nothing to double their money in a little over a year.

I did start a debate but you ran off looking for comments...

Here it my reply to your post...

"There's no hiding from it, guidance has been downgraded a few times, the market has probably seen the most turbulent times in the last 3 years, some sectors have been busy while other's have been quiet then other sectors have been hit later - it's been absolute chaos... And none of it was predictable.

What would you say if someone put in

10k at 150p
10k at 100p
10k at 50p

Then exited at at 200p with 73k

Good result in my opinion."

The same thing stands for cna, and investors could have purchased at 80p, then 60p and 40p with an exit price of a quid and made a great return... This is how investor's and and fund manager's make their money.

My guess is you missed out on doubling your money on cna.

Pipe your charts called an end to the rally on cna, the share price continued up from that point and doubled.... Interesting that huh!!

pipedreamer

Posted in: CNA

Posts: 790

Price: 39.25

No Opinion

Well, here we go again.21 Sep 2020 21:48
51p looks to have been the end of the rally as i and others had said.Looks as we are in for a bumpy ride,(AGAIN !!!!!).

I'd hardly call that a "wow" moment.

If charts were right even 60 percent of the time every chartist would have the ability to make a continuous flow of money that grows year in year out....but they don't, all that happens is sometimes a chart is right.

I wonder how many charts predicted the huge drops that have come when the market crashes like just before covid? none.

Share prices are driven by market sentiment and company fundamentals, sentiment can be news driven. It's as simple as that.

Regarding averaging down, if you think a company is going somewhere then buying on the way down is not catching a falling knife....

If you buy a falling price on price action that is trying to catch a falling knife.

There's no hiding from it, guidance has been downgraded a few times, the market has probably seen the most turbulent times in the last 3 years, some sectors have been busy while other's have been quiet then other sectors have been hit later - it's been absolute chaos... And none of it was predictable.

What would you say if someone put in

10k at 150p
10k at 100p
10k at 50p

Then exited at at 200p with 73k

Good result in my opinion.

I've never seen so much crap in one post pipe.

The shareprice price has been results and market sentiment driven.

650p 2025..... There will be a recovery play similar to YU group....

https://youtu.be/72Pq5zKEi_g

Anyone that is a genuine long term investor would do themselves a favour watching the above clip, it's a long one but i guarantee you will learn something from it.

He covers absolutely everything in this clip, it shows you how fund manager's work and the mistakes they make - the exact same mistakes everyone makes at some point...

It literally cuts out all the myths, he breaks down bear market's, corrections etc etc

A little bit about shorting

Also blows the myth that you need to buy the bottom to make money blah blah blah...

Probably the most important part - all of his best performing shares have performed best in years 6 and 7 after buying.... Not 6 or 7 hour's or 6 to 7 days but 6 to 7 year's....

Let's wait for end of year then.... Net dept of 35 million.

Andrew Bailey walks into the barbers.... I'll have the robocop please

just for you....

"Understanding provisions in accounting
Businesses face all kinds of expenses in any given accounting year, from the cost of depreciation to restructuring payments. To help budget for liabilities or obligations, provisions are set aside. Provisions essentially refer to any funds set aside from company profits for this express purpose. To qualify as a provision in accounting, the funds must be for a specific purpose, such as to offset the decrease in an asset’s value."

So if provisions of 19 million were made and the total cost turned out to be say 8 million..... Guess what happens to the remainder of the provision.......

Oh dear golden year's..

What a brilliant day....

Month's and month's of continued broker downgrades posted daily then when a few positive one's get posted people want to run off and tell mommy they're being bullied lol

Hilarious...

Mommy mommy lol

Read my post's golden year's.... The court settlement allowance that was taken out.... There will be some of that coming back in at some point.

Also notice how the possible cash coming back was ignored lol....

T4g.... I've just out it so other poster's can read and make their minds up....

Ill make it even simpler...

In 4 months net dept has increased by 15 million

Of that 15 million at least 10 to 12 million was buying rev b

That means the day to day running of the business has added 3 to 5 million in net dept

There are 2 months left in the year following this update.

Divide the 3 to 5 million by 4 month's

Then times by 2

As i said unless they make a purchase again the above stands..... Or if cash comes back for the allowance made for that sill court case then nept dept will be smaller.

Yes golden years the figure im referring to is year end.... 5 weeks away...

So....

"· Significant liquidity headroom with more than £300 million of gross cash at the end of December, with net debt expected to be less than 1x Adjusted EBITDA at the end of the financial year"

Net dept at H1 was 10 million with 315 million cash

Q3 (q3 actually covered 4 month's) net cash of more than 300 million would tell you maximum net dept at that point is 25 million.

In between H1 and Q3 boohoo also purchased over 25 percent of revolution beauty for a figure of say 10 million...

With the above in mind most people can make a good estimation of what the nept dept will be for the full year...

Probably about half the 60 million being stated by other's on here....

Although could boohoo end up make more of an investment in revb before year end?? Is that what they have gave the statement they have ie net dept to be less than 1 x adjusted ebida.

Where have the posts gone from last night??

Quite unbelievable that lse allow all the tosh and vile bullying then remove posts with facts.