Member Info for tawse57

When TSCO cuts its dividend the SP of SBRY and MRW will fall along with TSCO - that is the relevancy. I have sat here this year watching numerous numpties posts that what happens with one supermarket is not relevant to the others - all 3 are still very much in decline and are affected by each other.

Tesco haven't cut their full divi yet.

I thought so. Personally, I don't believe the Chinese data. 'Fake data makes a complete farce out of rosy Chinese trade data' http://www.arabianmoney.net/banking-finance/2014/10/14/fake-data-makes-a-complete-farce-out-of-rosy-chinese-trade-data/

RIO, FRES, other miners up today with RIO up the highest - why? Anyone know?

I think 24 would only be because of massive deflation in commodities as the result of a massive slowdown in China and the world economy.

Many miners are down last night and this morning and it is - perhaps - a sign of where the price of gold and silver is going.

Today was a brief interruption on the way back down to 27 IMPO. Might get there quicker now before the cycle reverses.

Overnight RIO have said that they have no interest in a merger so if you can get about £35 this morning it might be the best opportunity to sell out? I can't see Glencoe having the resources to do a hostile take-over or get the buy-in from China. Not investment advice DYOR.

It is a huge flipping collapse in the past 12 months from such highs. Worries about China slowing down must be turning into China is slowing down.

I think this will go below 700 but where it stops between today's SP and the 52 week low of 658 I do not have a clue. Let's see what happens with the price of gold this week and whether it breaks the 1187 price at close and takes silver down with it. Strong dollar. Everyone seems to be thinking that the US economy is recovering re Friday's US jobs numbers so it looks like a pile back into shares today. Commodities to be hurt again this week?

I think a divi cut is coming. I do not think it is priced in.

I didn't look at this last week - what happened? Another profit warning? How many jobs lost is 20% of the company? Seems that China is definitely slowing and that XAAR is the canary in the coalmine.

Germany used to have a bunch of food retailers like SBRY and TSCO but in the 90s 'reunification' recession people moved to the likes of Aldi and Lidl only to never return once the German economy recovered.

Someone is trying to prop up the SP? Gentlemen from the Middle East perhaps?

SBRY's profit margin is so small they have little scope for price cuts. My main Sainsbury store is like a ghost town. The electronics section reminds me of Comet before it went under. I can only see them reporting lower sales and the SP going much lower.

I kind of agree - at £2.33 this is still too expensive compared to where we are now with TSCO and MRW. SBRY should be down to £2.00 before it is considered a buy IMPO and more likely down below £1.90. TSCO has further to fall IMPO and so does MRW. I think it is going to be a bad next 3 months many UK food and clothing retailers.

An estate agent for more than the price of Morrisons or Tesco - LMAO.

I have no idea what the assets are of this company - leases on offices and cars? I am amazed that it is anywhere near what it is now.

Bound to drop by the dividend figure after October 1st surely unless the price of gold soars?

I think Foxtons' falling SP is an indicator of where the London housing market is going... and that is showing where the UK housing market is going IMPO... I am amazed that this SP has held up so well considering - I suppose it is due to all the house price ramping that we have seen on the BBC or in the newspapers. I can see this well below £2.00 and I certainly would not pay more than about £1.50 for it. I am at a loss to try and figure out who buys this SP as I am unsure what the company owns - I assume the offices are nearly all leased? I assume the cars are nearly all leased? What is the unique selling point or where is the moat for this share? Surely it is just a cylical play on the London property market? Now that appears to have topped off in a massive blow-off bubble this Spring where now for the London housing market? Down, down down surely?