Member Info for stockplay

I chanced a buy now that it fell under 400. Perhaps is too early but there is strong support a bit lower and historically HSBC has always bounced back from these levels. Looking at the longer term recovery potential here, in the short term who knows, might even fall further as the market momentum is negative.

As soon as it goes to 4001 then theres is suddenly strong buying, looks as if someone is waiting to buy on the cheap

Very easy to buy now as SP is falling. There is good short and medium term upside if the support at 4000 holds.

There are many reasons to own for the long term prospects. However, income funds have less reasons to own now and might be selling all the way down to £10.40 that the yield reaches 5%

No way this is going under 10, not even with a negative dividend

from what I read divi is reduced by 67% more than the 50% I was expecting in the worst case. SP fall is likely after this as many income investors might sell, on the other hand the move may seem prudent so might limit the fall... we shall see in an hour, GLA

I am surprised by this as ULVR has great liquidity allowing to buy/sell large numbers of shares at any given price. Unless you are trying to buy for a huge amount, e.g. a few million pounds at a time, it must be an issue with your broker?

My take is that the market expected them to show growth in sales, but sales were flat. Even in this case however I feel the company is fairly valued at these levels with the defensive nature of their products limiting the downside risk.

Strong support at 4000 and with the dividend maintained I expect the share price to be much higher come ex dividend date in mid May.

I cannot possibly imagine Shell with the reputation they have for shareholder returns cancelling the dividend payout. In the very worst of cases they might reduce it or pay as scrip but to cancel it altogether would be a shock.

DC2007 I note your comments but would still hold. I expect the company to gradually transform into an energy company rather then an oil company, incorporating clean energy, renewables and carbon neutral in the next 2 to 3 decades. Finally, I would like to note that this transition will now take longer as the need to boost the economies will be greater then the will to reduce environmental impact immediately after the coronavirus crisis.

I expect RDSB barely to fall tomorrow, holding around 1300. Will only start worrying when I see negative prices at the pump :)

Just my 2 cents, RDSB is not directly correlated with oil price, many people will see the WTI collapse and sell RDSB to buy back at 9 pounds but IMHO this will never happen and investors can give away their shares cheap, then when this is over they take RDSB back to the 20s with investors selling now having missed out. Holding tight for the dividend and future recovery, Again, this is just my opinion, there is always risk, DYOR and GLA

bargain shorting point I believe. Bankruptcy is a very real possibility here.

This is another Debenhams all over again... :S There seem to have been too many shares that have suffered catastrophic losses in the last 5 years despite the indexes trading at relatively high levels. Looking at the total collapses that a lot of shares have suffered, one might think we are in a crisis much worse than 2008-9

Now that I have sold out, it is free to go back above 200. Having waited for over 2 years, this was my worst investment ever by far. I held through the 120s but decided to sell out on the recent rise as I am personally very negative about the company and fear for the worst. I did not like the latest reports, the lies, the dividend cut, the CEO, the outlook, the debt, the sector. However, as I said in the beginning of my post, now that I am out this is likely to climb back to the 200s :p GLA

In 2014 and 2015 they were making a decent profit though, unlike today... I do not expect the price to go anywhere near 2 or 3 pounds this year, but at the same time I am amazed by how low this is, given that it is a company with lots of cash on hand.

staring at my screen trying to believe it :)

Dear OFAH, you seem to forget that LC suggested buying DEBENHAMS back in the day. I for one am very happy I did not take this advice and held on to my VOD. A 20% capital loss and a reduced divi is much better than 100% capital loss and no divi.

and two months after all that, another all time high! Cheers to all holders!