Member Info for Strike123

Qube opened new short position yday May 9th and we are up by 2.2%! So all the sold shares were absorbed by buybacks? If this is the case then I think Qube should close it soon?

Yes loss down to single digits and their operating profit is circa 70M not big enough to plan for dividends. Their borrowing is still high. For full year they see 7% growth.

Not much of fireworks to send it to 250p but hoping to see atleast 2-3% rise. They say good demand for summer so hopefully 180p is now the base. GLA

Q1 revenue down you and same is expected for Q2. Revenue down in H1 is recovered in H2 with full year guidance remaining flat.

Wonder how market reacts. I guess ITV will be pushed to either make acquisitions accruing debt or dispose assets.

Still it is undervalued based on higher revenue compared to pre-pandemic but market wants to see growth before price rerates. I might continue trading this.

I think the sentiment changed from negative to positive on FTSE 100 stock and on Barclays so unless there is a Barc specific bad news, this will run to higher highs. Tomorrow BoE rate decision and hint on rate cut would boost FTSE but a rate cut is bad for banks as they lose income from loan interest? Thing is majority have tied to new higher rates already for next 2yrs so even if there is a rate cut, it only impacts the banks after 2yrs?

With £10bn buybacks to continue, I think any dips will be bought easily so shorting now may not be a good idea now IMO

It is frustrating to see SP struggling to move but this was the case when it was at 58p and now 20% higher? It went even higher few weeks back at 76p.

Euros to start in June I bet this will go back to 80p and hopefully build momentum from there to higher highs.

Sold Disney in the afternoon losing 10% profit but still banked some as my avg there was around 90p.

"Struggling to see your argument for IAG, I didn’t bother with IAG… put it all in RR… up six figures.

Best decision I ever made.

"

Definitely a best decision!

I made a worst decision selling out at 126p after seeing 50% paper loss! Should have could have stayed in. Got few at 188p and 204p but not massive amounts to dent my mortgage. Have diversified now instead of all into one stock. RR dividend announcement could be the next trigger point

Silver price dropped from peak of $28 to $26

It is up as of now at $26.73.

With FED holding rates, I don't know if the silver price is going up again?

Silver has not been an effective inflation hedge since the 1970s. From 1980 to 1984, annual inflation averaged 6.5%, but silver prices fell by nearly 23%. There was average annual inflation of around 4.6% from 1988 to 1991, but average annual silver prices fell 12.7%.

Since April 2021, the monthly U.S. consumer price index reading has averaged an annual gain of nearly 7%, but the price of silver is down 25%.

Over extremely long periods of time, measured in decades, silver has proven to be an effective hedge against inflation. In shorter time periods, silver may not be the best way to protect your portfolio from price rises.

https://www.forbes.com/advisor/investing/silver-price/

I think trend changed with FTSE 100 stocks.

US investors not shorting FTSE 100 much IMO

With FED not likely to cut the rates till the near end of the year, money is coming into FTSE 100.

can't see BARC going to 180s again anytime soon unless war escalation start again

We just need to cross 210p and then it is all blue skies!

207p hit already today but dropped with US markets I think?

I too think car finance issue will put a lid on the Lloyds price. FCA update in September so don't think big institutions will buy Lloyds until they see the outcome on car finance investigation.

Next target 250p

With £10bn return to shareholders by 2026 this can double from here?

Glad I sold yday!

Will wait for re-entry 500p?

Production down compared to previous quarters but outlook unchanged for current fiscal? With metal prices high and production down wonder what happens to SP! wild swings last 2 days, not for faint hearts!

Revshep,

"I was always taught that to invest wisely, it was better to invest in serveal different companies and in different sectors of the market, to speard ones riak and to get a blanced portfolio. I must have been doing it wrong all of these 60 years that I have been investing?

"

I had nearly 15 companies just before pandemic struck and all 15 were down and couldn't avg down much in all 15 companies as you can imagine need to double the investment in all 15 companies. Even now I have 15 companies in my portfolio. Few go down and few go up and it feels like my investments did not move much as I do not sell when in profit and that profit erodes eventually due to the macro factors.

I'm thinking to change the strategy this year and have maximum 3-5 companies and top up when they go down but still not clear when to bank profit as the moment I sell there is a fear that it might go higher after I sell. With RR sold early after nursing loss for nearly a year and now lost big profit on that although have £4k profit on it currently. Again not sure if I should bank profit on RR yet but will leave it for now.

I dont have any in trusts and funds. All in stocks.

Would be good if others can comment on their strategies.

Thanks Property1.

I had 50p avg but sold off last week due to war. Looking for entry again. It looks like Barclays might head to 200+ if results are good so thinking half in Lloyds and half in Barclays on Monday.

Does it mean we are going back to 40s?

Https://news.sky.com/story/pension-funds-brace-for-30bn-hit-from-gove-leasehold-reforms-13118737

Don't know how market reacts if the reforms introduced next week as mentioned in the article

I sold today on the bell after seeing news about Israel attack on Iran. Surprisingly Iran did not come up with any retaliating comments. Surprisingly markets picked up. Considering Iran not getting provoked by the Israel attack this time means that it is time to buy back again. I don't want to buy at higher price than I sold but this time I may have to unless there is some nasty news in the weekend.

Monday morning will buy back all that I sold. Wishing for a drop but 70p is fine with me. 80p much before June unless this bloody war escalates.

Few things to remember -

Silver price at multi year high but SP not reflecting that

Low free float so any drop is buy panicked investors and is a buying opportunity considering silver price

China's industrial growth picking up so that should help push PM prices

US interest rates predicted to be staying high for next 6months so gold will move up and FRES produced gold too

Silver Supply low but demand is high with net zero being the goal so silver price to go high

SP is not reflecting any of the above!