Member Info for Stupmy

It seems to be Pan G being behind the curve, but it also seems that the SP reacted to their update, in which case it might be that your BC's reacted to the SP, but the SP apparently is still reacting to your BC's.
I suspect in todays financial environment that there'll be no rapid substantial recovery in the SP, that's why for the moment I'm in and out of positions more frequently than Gemma Collins is in and out Greggs.

Not just private sector car leasing. The other squeeze is more general, the idea that you can have whatever you want whenevery you want has led to people adding more and more montly plans of 20 quid here 30 there to their outgoings. That side of things has always seemed crazy to me. Currently Sp is 128ish I have that as significant. It's bang on a low from july 2020. If the SP closes above that at the end of play friday, the drop might be over for now at least. I've not entered a position, but view this area as a speculative buy. Once I've resolved positions elsewhere (could be today), I'll be looking for evidence of the SP turning, I'll used stops below 128 and hope that there'll be some upside. Wider market weakness might make this a very feeble plan, but I only need a day of rises to make a profit.

Finally got something sensible on sharecast. Target down from 300 to 150, that's a pretty big downgrade on their expectation that leasing pressures will significantly eat into profits. They even state they prefer to see greater visibility after the winter. I find it interesting that the autocentre side that was previously viewed by many as the stronger side of the business is now viewed by PG as too much in focus at the expense of retail. I'm surprised to be honest, I'd have thought the auto servicing side will be important through the winter and will not be significantly impacted by pressure on discretionary spending. I don't know how much of the electric market HFD's services. Also, discretionary spending pressure should increase spending on bikes/e-bikes/scooters. Seems like a huge drop to me and a possible opportunity at these prices. It's gone back on my watch list. I enter and exit based on charts and don't necessarily hold for long periods, but it's started to look very interesting again to me.

I see there is a Panmore note out, but am having to sign up for yet another site (MarketBeat). I do get tired of having to sign up for a new site everytime I need something. Anyone have a copy of the note? Normally, even when I sign up I can't access what I need and that might very well be the case for Marketbeat.

I have the last Broker note on May 22nd at 330 target, but that's clearly out of date.

It's been little while since I've been involved with HFD and I'm clearly behind the story. I saw todays drop, that made me check for an RNS (I didn't find one) so I started reading the thread. I'm not really finding what I need, although I have some questions that might be worth having answers to so thanks for those actively discussing. Could anyone tell me 1) what caused todays drop (I'm guessing a Pan G note) and 2) there's reference to a money raise, could anyone give me the detail of this?

Mick B, add to what you've posted the litigation risk from Cineplex and it doubles down on the lenders having complete control here. They can play as hard as they like, CINE has no options left now. It's a very sickly lamb at the mercy of a pack of rarvenous wolves. Always amazes me that so many people see situations like this as a get rich quick situation. It probably won't end that way for many. Although the SP may very well jiggle about on high volumes that will allow some to take some profit from here.

That's human nature Toff. The draw of the big win, the lottery ticket etc. Of course the most likely scenario is more #drybumming and the RNS pretty clearly stated that share holders can expect some more of that. As you say, it's the same over and over again. Same comments on the boards, same reaction to the 'bleeding obvious', same accusations that others should be gentle with their words as we tread amongs the walking wounded. The reality is that the stock market is not a game. It hurts.

Yep, buy early and don't mess around or there'll be none left.

Never heard of that term before, but I do get the impression those buying here after the announcement of litigation initiation by cineplex must enjoy a bit fo #drybumming.

Where do we stand with respec to the litigation between cineworld and cineplex? As far as I'm aware it's ongoing. How easy will it be to raise capital with a potential 1.3billion dollar liability hanging over our heads? These thoughts are meant for genuine discussion and I'd be very interested in peoples views.

That's now out of the way 50 basis points rise to 1.75%

No1, it's been to 63 so you've not looked very closely.

Chip. I called 79-80 this morning. Bragging rights and all that!

Might not be chip, that rapid spike was likely short covering rather than true demand. Bottom may not yet be in, but if shorts are booking profit, it may not be far away.

I can. Obviously no-one can see into the future, but in situations like this, the SP often rises as traders come back to their desks (presumably drunk as rock-stars) and start to throw money around.
I'll be accumulating over the near future in the hope of a trading profit.

It's know as support as a price approaches it from above and resistance as a price approaches it from below.

Support Chipmonk, support

I agree retirement. 79p is important. However, someone is accumulating. You can see it on the short time frames, someone is buying up every time the sellers push it down. Whether this is bargain hunters or more significant money I have no idea, but I don't think that this will drop particularly hard and I'm simply waiting for evidence of buyers getting the upper hand before I add.

That made me laught Minde, what a load of absolute tot

The sellers now have the edge. I have any close below 84.2ish as significantly increasing the likelihood of the SP reaching 79-80p (2h timeframe close). We really need to see buyers at and above 84.2

Well, apparently here we go. SP has dipped below 84.4. Speculatively, one could argue that it's a buy from here if you have a bullish bent. I'll wait for some evidence that the fall is over personally. Also, I still think the interest rate decision has the potential to move the markets today. That could give a better entry for bulls.