Member Info for Stupmy

From my perspective I thought 246 or lower was likely. That's now out of the way and I'm looking for evidence of a bullish swing starting before going long again.

Down towards the RI price apparently Golitha.

Someone posted earlier about shorts. I think they suggested shorts at 2% (I'm guessing that's short UK stock). The german figure appears to be over 6% according to shorteurope.com (down very slightly yesterday). I have a positive bent on TUI going forward and have been adding on dips. But it would seem not everyone feels the same way for the moment. I might be missing something (usually am), but I'd be very wary about being short on this even with the potential of new shares bringing the price down soon after thhe 24th. Maybe the SP will come off to 4.88 or thereabouts, maybe further if people become afraid or leveraged positions are forced to close, but I'd have thought it's far from certain.

I'm looking to re-enter also. Just waiting for signs of a bottom in the current swing down.

I still have a lot of green, but it is less than it was before, so it seems as you say that admin is working on it.

Me too. But there's not much discussion of HBR here, mostly I have a sea of green. Sadly not the SP today.

That's important to keep in mind c26. There could well be additional opportunities to buy before the dust settles.

It looks as though the 246 figure I previously mentioned might very well come into play. I'll keep watching for the time being. Not sure why it's falling back, but I guess it's a magnified response to the fall back in POO. The disproportionate fall in the SP cf to POO is presumably related to the EPL.

Well received so far. I could easily imagine a fall back to 242/243 area. If that happens, I'll add back what I previously sold, maybe a bit more. Otherwise I'll stick with what I have.

Trading update is now out and looks somewhat confused. On the one hand management expect to meet market expectations, on the other they state that EBITDA is ahead of management's expectations. Pretty positive feel to the RNS on the whole. We now know that the divi is 4.5 cents per share and payment date is 12 May (ex divi date April 20th).

Very efficient, very fast it has to be a positive sign going forward. As mentioned by someone else, there could be selling of the accepted RI shares for a period after the 24th to rationalise individual holdings and bring them back to what's comfortable for folk. That could slow down any rise (should there be a rise), but I suspect that that transfer of the rump at 5.60 puts a bottom into this market. Any volatility around that is, in my opinion likely to be quite short term. I'd imagine that once that volatility is settles, the SP will rise to the TERP

Thanks Shave, that starts to make a lot more sense when you explain it to me. Really, thanks. Thought I was going mad when I saw it had jumped today.

Roxy, there is an RNS about not accepting proposals for the RoW (Rest of the World assets) as they didn't meet the debt-holders criteria. But what I don't understand is why are people trading the shares still when CINE clearly state that equity holders are going to get wiped out. I guess I'm not understanding something here. 70% up today is one hell of a profit for any one bright/lucky enough to have traded it.

Looking closely at the chart, I can't help wondering if we'll see 235-237 or possibly lower before this turns.

Purely on for TA reasons I dropped about 30% of my holding around 250 or so. I'm surprised it's dropped as much as it has. I had wondered whether it had gone ex-divi, but the ex-divi date seems to be Apr 20th. Not sure how much that divi is. I assume it's 1.94pence for the quarterly divi, but if anyone knows for sure please advise. I'm looking to buy back if the SP seems to be about to turn bullish again.

jeff, I was watching for that as a start. I'm now watching the SP more carefully now that gap has closed. Now that gap itself need not (and probably won't act as a support so sometime from now the SP will turn to the upside and the closer you get to guessing that level, the more profit (or lower losses) you'll incur with a long position. There is an additional small downside gap to 246 or so visible on the 2h chart, unless my data is wrong. I won't necessarily wait for that to close as it may not and time gap closures is very difficult. But I'm getting ready to re-enter long here.

He also called the guy who was instrumental in saving the kids in the Thai caving incident 'paedo guy', be careful with how you take Musk. He ha d PI rifle the guys bins, just to be proved right. Musk is powerful, intelligent and not necesarily very nice.

You'd think that the major political parties would be paying qualified people to do grown up sums and take an adult view of around taxation and expenditure. The 2nd of your articles particulary cyrstalises the Mickey Mouse nature of our political establishment. It would appear that unqualified individuals are determining policy. Although that article targets Labour plans, I don't view the conservatives as having been any more grown up about this. How is this even possible, that we are being led by these monkeys.

It stinks doesn't it, so you save tax by investing in projects that give little profit and see your profits dwindle over the years. How is that encouraging investment in the UK NS? It's a nonsense.

Sellers tried to get the upper hand just now. If we close below 33.5, then 31 looks likely. I have that as a rising tl support from Dec 8th last year (last touch of the tl was feb 22nd). The 2h chart also shows a gap to around 29.25.