Thanks Brel.
And another 4.5% down today. Fantastic divergence between the so called 'value' and the share price here. Even better when you look at the 10% spread. The MA-FLy trap is a small seamingly innocuous grey plant. It will hypnotise and entice the unwary with promises of future growth. However this stock is like the jaws of the venus fly trap. Once you are invested there is no escape. You writhe as the MA-FLy trap dissolves your investment slowly whilst you watch helpless. Meanwhile the MA-FLy trap evloves into a true penny stock, virtually worthless with no hope of ever becoming anything greater...
I should add that the cladding manufacturer will have submitted a fire compliance report. Who reviewed it? Who approved it? Was the correct level of dillegence applied? Was it washed over and signed off? The root cause lies somewhere here IMHO.
Agree @tomjones2. The root cause and hence liability lies with the manufacturer of exterior cladding materials and their compliance (or not) with the relevant fire specifications to enable certification of it. Builders would not be permitted to use non-compliant materials and any attempt by them to do this which later resulted in loss of life or property from fire would invalidate their indemnities and leave them bankrupt. The standards are there to protect everyone. I am surprised that Mr.Gove has not reflected this more strongly in his statement. I hope that his statement has not been biased by the fact that it is easier to go after domestic developers rather than the cladding firms, some of whom are international and whose products are being used in their own countries where building standards are dubious, which would lead to questions being asked there.
Hi Tom. Do you still have your ITV shares? Excuse me if I am teaching grandma..I don't know what level you bought in at but you could hold and average down on the dips until you are in profit. Shares very rarely follow a solely downwards path. Eventually you will be in profit when you sell on the peaks. Good Luck.
I read Carolyn Mccall's bio on Wiki and she seems to have a decent track record in previous roles. Now that we seem to be emerging from Covid it will be interesting to see where this goes. I bought in Dec 2019 at 153p with a small holding. This is a sleeper for me so I am prepared to hold until it I'm back in profit. Good Luck Everyone.
I like that idea. Stuff the shorters till they pop! I'd subscribe to a reddit type action if I knew one were going on. I can't stand shorting on stocks. I've done it before long time ago on Gold, Silver, Dow and Nasdaq ETFs but it doesn't feel quite right to hope something fails so the shorter benefits.
They told us they were 'guidelines' but due to the roll out machine and governmental pomp the whole nation, including law enforcement, industry, even the Queen and Her family took it to be 'statutory law'. It's like we were hypnotised into missing that the 'guidelines' on mask wearing and social distancing were enforcable law. I for one won't be fooled again unless they pass these things as statutory law.
I don't know what others think but ITV has some great family viewing at the moment. We love the masked singer, Ant and Dec, the news is good. Just need to see the advertising revenues come in now. I'm a long term holder and expect good things for ITV in the future. Good Luck Everyone and to the ITV team.
My university professor told us a fascinating story about the rats who live in the Paris subway. The subway cars had buffers whose bellows were made from leather. The rats would nibble the leather and enter the hollow steel chamber within the buffer pistons. When the subway cars hit their buffers, the rats could not escape and the air within the pistons was compressed. By Boyles law PV/T must be conserved. So when the volume of the air was reduced the pressure and temperature was increasing. This caused the rats to become 'pressure cooked' leading to many buffer problems on the Paris subway. The leather bellows were replaced with metal bellows which the rats could not nibble through solving the problem.
I bought in at 2588p as I saw ASC as massively undervalued. It rose, I was tempted to cash in but becasue I have confidence in the long term I held. I watched it drop. If results are good on Thursday it could be the turning point which takes us higher. If results are bad and ASC drops I will watch for the right time to at least double my holding to average down. If results are bad I am also expecting stop losses to be triggered which may create a very oversold condition. In this case ASC falls into real bargain basement territory. Good Luck.
This is one of the few high street stars with a bright future. Will be interesting to see what Roisin does to grow the business.
Yep that's it exactly.
Ahh ok thanks @Fireblade1. So you applied a similar drop factor to the one that NXT incurred after posting its results. Yes, I can see the logic there. There was certainly a boost to online during lockdown as lots of people bought/refreshed their leisure wear. I suggest that these online clothes retailers might track what is happening in travel and hospitality which in turn is tracking the opening up of the economy and easing of travel restrictions. I think eventually we probably all get Covid albeit a weaker/more transmissible form. I'm a bit worried about inflation outpacing wages which affects disposable income but there is a cohort of people who will always be willing to pay a bit more on holidays and new outfits. Happy to hear your thoughts..
1800p doesn't seem to equate to any significant previous level. Can you clarify thought process please Cheers.
1800p would make it a target for merger. Can you substantiate whyyou think it might fall to 1800p? Was this a previous level or some other reason? Cheers.
If BBC are touting something then it's probably time to sell. LOL
Down another 2% today for no apparent reason. MAFL value and it's share price diverging even more again..
This is starting to look like a bargain again. A bit more drop to trigger stop losses and it will be time to dive in. Good Luck.
Four times crossover of lower bollinger band over a very short period gave me feeling that this was way oversold. I missed the lowest point but got back in at 2979p so already in small profit. It won't be long before this is back at 3400p again and more IMHO.