Member Info for theredbarron

Some of the publicans which are getting their grants are doing a runner ( this is all the pub cos’s)
Also with pubs not forecast to reopen till may 14th quite a few will hand back the keys as well you’d imagine
Some of the smaller companies are on a knife edge .
Still a well timed sell of some of their pubs

Woo hoo up £40 , kettle on to toast my little triumph!
Still £400 down on the other stake mind oh well upward and onward..

Well I sold at 459 now watch this fly to £7 ! We shall see what next week brings hopefully get back in below £4 -ideally £3.50 is my target and I’ll be happy to do that once and let them be going forward after that, which if my calculations are right £2.70ish is then what I’ve technically paid for from my original investment with fees.
Anyone been watching that novacyt share mental,, great if you got in early but now a classic pump and dump in imoo fascinating to watch though

Yes I’ve watched it go 330s area up to £4 and fall back to to the 330s ( so that’s the bottom and resistance then hopefully ) and thought cor could of done well trading in and out but I know the moment I try it off she flies up even higher .. may see what this does tomorrow i reckons we have another week off lockdown then a slow lift.. China wise the figures and stats just don’t seem to add up conspiracy or not something isn’t right

9.7 billion

Although profit came in well at on revenue of 63.78 billon . The profit was 2.96 billion pounds that’s better than forecast

4th quarter like for like sales Down 0.3%!. Um ok I know we hadn’t quite hit the covid panic buying month

So at work we have a ton of agency staff in to the point we’re finished 90 minutes before the end of shift we then tidy up the yard, cardboard,trays and go backs , when that’s done we help dot com out for 30 minutes with people bagging up the shopping once it’s being picked or other are helping picking the shopping . Also to note is the fact dot com now starts at 4am to be out of the way of the 9am stampede. Now that’s 40 people on dot com now being paid roughly £5 night premium so £200 a day extra in wages £1400 a week now multiply that by how many stores plus the agency staff that’s a flipping lot of extra wages and by no means have I got extra stock at the moment in fact I’d say I have slightly less.
Also Tesco are paying a %10 bonus on all hours worked in the next 12 weeks as they know we can work twice as fast as the agency mob.( a bribe more like) now I don’t know what our current sales are ( I will ask next week) but I’d say the wages are outstripping that cost.
Now I’m going to put my neck on the line and say this special dividend will be pulled and re thought through . The banks have pulled theirs and they will want to look prudent and not profiteering or throwing cash away to shareholders .
I sold a thousand at 220 the other day as I now believe there is value elsewhere in the market and that 50p special dividend is kinda priced into the share..

So with two weeks to the potential end of the lock down and a staggered return to normal it is well possible that pubs will still be closed potentially going into may
Which could break a lot of landlords that marstons are still charging rent to. Further afar it’s going to take a long time to get back to normal.
Takeover or not I’d be extremely cautious of buying right now.
I’d be tempted if it made it back to the teens but notice house !

Well we had 5 new drivers start 2weeks ago only 3 left and another long term driver folded yesterday.
They said they would never employ agency drivers as too costly
Hmm guess what they have agency drivers now as unable to cope.
Now with the market looking like it will open down tomorrow will this rise?

Now wages and troubles aside, I dabble in shares in small amounts and track the markets investing in other companies and listening to the news and I’ve been watching company after company pull their dividends to give themselves a buffer . What’s the feeling with the “slight “ possibility Tesco no matter how well they are doing COULD pull the dividend? . Then wed see a big mark down . Believe me I hate Tesco but on the other hand with every penny up and down worth £250 I want them to do well .. Any thoughts people on this one .

Wages they was only paying 10p above the minimum wage when the took the double time away and fobbed us off with the payroll re Alignment , then we lost the bonus and down to time and a quarter for a whopping 10% plus pay rise for staff in store last year .. now come April the 1st Tesco when the minimum wage rises to £8.72 the staff in store will be on £9.00 an hour so we’ve gained 18p EIGHTEEN! So we’ve gained £6.40 a week in 3 years on minimum pay The bonus on its own for a full time employee was worth £15 a week !, well down The UNION god damn useless..
Still haven’t got my damn code. Need to rant down the phone tomorrow.

Throwing caution to the wind, I’m in for a little £460 hopefully that phrase a share dropping by 90%can still drop 90% won’t apply here. Prudent in pulling the dividend,, and am I right they have no debt... mind you nor has Pfc and that tanked too ! But the oil price and sfo investigation didn’t help. Still another small dart thrown in this crazy market for the future hoping to catch a winner. Really can’t say buy hold or sell as no clue what will happen tomorrow, next week. All eyes on China as they slowly resume normal service if they get a second wave

Well mr Ashley you have a chance to bottom fish some shares here at less than half the price you paid for the last lot should you wish to Gamble here.. All eyes on China to see what happens when they lift the lock down rules

Well if you can call £95 including fees a top up ha ha I added I think it was about 1,400 yesterday — 17p average now whoop whoop well you never know.

Hasn’t been helped by sosander rns to the markets today so for this to be up when sos is down 40% and boo boo - 30% its done well ... back to 3p Ha dreaming here really dreaming

Almost back to what I bailed out at 3 years ago! To keep myself afloat .. I’m in awe at this market at the moment

Yes disappointing but not wholly unexpected ( i say that having bought at 20p and thought I’d ride it out oh for hindsight to sell at 30p never mind) ) you’d have to say they did indeed fund raise at a perfect time before the storm which should see them through to the other side .. yup every one at home with idle thumbs will indeed see women trolling through online businesses and looking for future buys . So I’m holding may have a tiny tiny top up to (£100 max!) average down for the long term
I wonder how boo boo and asos are faring?

Oh my ooouchh as they say.... all Mother’s Day bookings are probably off wet sales probably did alright up until last night . But with boris not shutting the pubs and telling people to stay away pubs are not able to claim help or claim on insurance policies he has done a disservice to the sector. Tempted for a £100 worth to bring my average down .. amazing yield but by god that’s going to be zero ASAP to preserve cash etc

Is the Ocado shopping side up and running .? As you’d have to say they are in the poop if the older generation has to isolate away from the world for 4 months they are going to suffer massively.. can the shares go lower mind I was think of buying some at 180 never mind 80p range