Member Info for tawse57

BOO began rising after the BOE rise came out. Not seeing it with ASOS. MKS and TESCO also up. Probably sees them buying cheaper with a slightly stronger Pound. I have not got a clue how the retailers like BOO are fairing. I would assume that people are tightening their belts and not spending on clothing. But I thought that during lockdown and did not realise that everyone was online buying knickers and dresses. It is too expensive to go out now with the price of drinks and food in pubs. Why buy a new frock if you are staying at home freezing?

Zalando up strongly also but not as good as BOO. Shorts covering surely, on most shares since the US jobs report

Thanks for the info folks. Can Zalando shares be bought inside an ISA? I am not sure what the rules are now with German stocks since Brexit.

Anyone have any thoughts on how BOO and ASOS compare to Zalando?

Just a heads up for those not aware - on Thursday we get US Consumer Price Index figures out. Should be about 1.30PM UK time IIRC.

Could be a shock to the markets.

I have never heard of Shein. Will go and do some digging. Thanks.

I think tomorrow's inflation figures in the US will have a big bearing on the market. If inflation is up then there will be worries of the Fed tapering sooner.

What do you folks make of this? Claims that 3 BA pilots have died in the past week.

Not posting for any vaccine politics but simply wondering the implications for airlines if it turns out that this is an issue.

https://twitter.com/heidegger79/status/1405543959821119491?s=20

I cannot keep up. This morning I read that it might be added to the 'red list'. They seem to change thoughts hourly.

S&P Futures just dropped below a key support level of 3915. Now holding at 3910 with next bit of support at 3908. If that goes we could see a big sell-off in shares. Early yet, they might pump it back up above 3915. If the US sells off then the UK will.

This is an unknown stock though as it is clearly in demand and new. But if big boys have to dump everything then they dump everything. Not advice. DYOR.

Revenue of 2.1 MILLION Aussie bucks I meant.

The £100 million market cap was reached 2 days ago wasn't it, when the share price was about 4p?

Should be £200 million now considering the share price has doubled since then.

Not bad for a company which made just 2.1 AUSSIE dollars in revenue last year.

Do these figures add up? Make any sense?

What would stop any other farmer growing canabis if it became legal in the UK? Farmers change the crops that they grow all the time dependent upon which will make the most money.

There is a paragraph in a Telegraph article today about adding Spain and the US to the red list. Another article mentions the red list variants already being in several EU countries including travel destination Greece.

2 million is nothing to a fund. They could pump the stock up today and sell out for a 2 million profit.

This is being ramped like crazy. Those 4.4million shares sold for 2 mill yesterday could easily be distributed to Joe Retail in the coming days at higher prices. You have no idea if that is going to be a longterm hold.

Positive opening up news re the UK, vaccines, etc. Everyone was buying everything that they thought would benefit from opening up.

200 moving average at £949.75

'I note the mandatory triple covid tests now required must be done using NHS test & trace and they cost £105 each.

(This applies to everybody returning from anywhere abroad and doing home quarantine, etc, not just red listers)

So £315 per person upon return.

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Family of 4 - £1260

That is just on return testing from any holiday abroad.

Add on the outbound testing costs £420

That £1680 on top of the holiday costs.

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For a single person £420 all in (£105 out and £315 return.'

Plus the UK airport hotel costs if returning from a red list country.

Bad news coming out of the US re AA. Going to fire 13000 more staff. Were expecting things back to normal by Summer. Now seeing a repeat of 2020.

AA letter to staff at below link.

https://www.zerohedge.com/economics/american-airlines-warns-it-will-cut-another-13000-jobs-it-burns-through-latest-bailout