Member Info for Stupmy

A close below 536 would increase the chances of the SP reaching 505 or lower by a lot, even 495 or lower.

I just bought a few. Risk reward looks ok here.

Price is now in the 240's at 249.9. Maybe dollar strength driving POO down and hitting HBR during a period of uncertainty. It's not just HBR, so not company specific.

It's not got long to rise Sundeza, I fear your confident call has fallen on barren ground

Gotcha, obvious now you've said it, thanks fog

Why would that lead to a jump in the US markets bonker? That seems like a bad thing to me?

MadW, I don't have the specific knowledge to say with any confidence, but it would make some sense I guess. Although IAG is down 2% today also, so maybe that argues against the idea.

Seems to be enough doubt in this market to bring the SP right off. They do say that the market hates confusion. I'm still waiting for 235 or below.

I think I'm stretching with this one Stille. I'm mostly sat on my hands waiting for other things, I struggle not to do anything at all and sometimes enter small positions on marginal ideas just to stop the boredom.

I'm short Stille. I'm hoping for 490-500. It's not a conviction position though so small. If it did drop to those levels, I'd be considering whether a long position was appropriate.

You should have put a ring on it Beach, not a ' sell on it'

To be honest boyo, you should no a lot better and be a lot better. I certainly wish I was. But let's go through this step by step so I can tear into you properly:

"I’m always negative (Yep - when OCDO is on a downward slope I can’t bring myself to say it’s going up)". Well get that sorted out boyo, go bullish on your negative views something along the lines of ' if.... then ..........and after that............"

" I have an ‘agenda’ (which is absolutely true because I want to make a profit rather than a loss on my shares). " Stop having an agenda, goddamn it boy. Leave that to the markets, they'll more or less decide on your profit. Stop wanting to make a profit and do more research, learn about the company, everything that is available (and hope that what isn't available doesn't kick your up the backside.

Hope I've helped. And of course, no post would be complete without 'it's time in the market, not timing the market' . Even Lynch would laugh at that in the current conditions.

Although I agree that there other markets that give better beta, I think you're almost implying there that ' time in the market.....' which is demonstrably nonsense.

Is that about 40 quid?

Be careful, this type of buy in does not necessarily mark a bottom.

Ripley, have we really seen 15.6. On my rinky dinky little 2h chart it looks like we still have a little bit to go?

You been watching Spartacus kubrik!

Kipper, the media (including bb's) is so important. I like the way you're thinking. I do the same. It's not for fun that big players/nations etc buy newspapers. It's also not for direct profit, you can get bigger profit elsewhere. It's the indirect stuff that is interesting.

Suspect you're right GoCPI. The old CEO did what what was possible, gradually became jaded and now the new one will probably do the same unless they'e exceptional (which obviously most are not). It's iterative. For SH's and the business itself, it could do with being brutal. For those employed by CPI, not so easy to say that.

Thanks JW, doesn't sound appealing, but I'm not supposed to be working today as I have guests.. Will try to catch up another time. Is Hexham still looking at this? He's a good clean view of accounts and the business side of things.

Someone else commented on the contract wins without managing to leverage profit from the margins on the contracts. It's actually quite common that these big contracts cause a short term rise in the SP as PI"s get excited about the big figures then the company gets little profit over the years the contracts run as expenses change faster than expected.