Look at that lovely cup & handle. I think we are a couple months away till a positive decision from Preska.
5% up already. I call this a good wether stock like Next, ASOS, boohoo. Looking at weather report the next 2/3 weeks looks excellent SUN SUN SUN! Bikes, Trailers, Roof boxes ... cars needing attention (oil, parts) to stay local at weather is so nice.
Plus Div is amazing! people will want to get in for that also.
Taking over National is huge, as National was just expensive, sooner they rebadge the better so people now see its with 'Halfords' trusted retailer known for fair price and great service.
Not to sure either, maybe a slow exit to get get value and not make SP rocket up.
Maybe they think it’s to high risk now with Petersen decision looming. Reduction is positive as they see different trading data than us.
Some cheap stocks on offer at the moment. Halfords & EasyJet have my focus at the moment.
Now added, and now a holder of HFD. What a great opportunity. Quality stock to hold. So many positives with this stock. Really like their 0% finance in place on most products over £100. Help the affordability for people in hard times. Fantastic brand, good personable service how people like it.
CEO has left. Interim put in place.
Not looking good.
Small short opened, probably to shake out the weak holders.
The ruling for the expropriation of YPF is approaching.
- In one month, the ADRs of the Argentine oil company have fallen -26% while the shares of Burford Capital (main owner of the trial) have climbed +24%.
- Each draw their own conclusions.
Yep, heavily topped up after MW episode.
Fantastic opportunity
This week we should know if Judge Preska will give the opportunity to both sides to present their cases during Oral Arguments. If she opts not to go down this road, IMO she will publish the ruling, which could come in days, weeks or months.
Pennylots. Div was paid on payment day, you have to manually transfer to be able to invest it. It’s hidden in the settings how you do this, easy when your shown. So given them a call and they will talk you through it. They are very helpful.
Think any issues just give that a call and get a better understanding, rather than getting upset and calling it negligence. When is a bit harsh as it’s just don’t know how to make the div available to invest by the settings. You have to do it to each account manually, (SIPP, ISA)
Very interesting watching this unfold. NO UK Media coverage, SP does not know when to do with its self.
youonly - can you explain what 'Oral Arguments' are?
See Burford & YPF have requested them. But not Argentina.
Very special day. no decision will be made today. I'm thinking 1-3 months. We don't know 50% of the facts of the case, as they have been kept a secret. All eyes on Judge Preska, see where she wants to take this next.
But it is a landmark date 23.06.22. About a year late due to covid delays.
https://www.shorttracker.co.uk/company/GG00BMGYLN96/
From US listing, it created a new reporting steam on short tracker.
Gladstone down to 1.09%
Reduced 20.06.22
There is a recording, but you need to have pre registered to access it.
Recording is good, listened to it live but it was awful as they had bandwidth problem and was constantly cutting out.
IM with HL also, yes i have complained before about how slow they can be with DIV and also the Tax Rebate on SIPP. when i was with Standard Life, they use to put the tax relief on immediately, not wait a month or so like like HL. Everything else with them is fairly slick and responsive though.
Nice interview with Bogart yesterday in the investor call, Petersen was at the front of everyones minds.
To invest the div tomorrow
The Document is from the US Embassy of the United States of America.
TO and signed by ... The Representative of Argentine Government
Buenos Aires, November 6, 1992
Mr. Ambassador:
I have the honor to address you with regard to your note dated August 24, 1992,
which reads as follows:
[The Spanish translation of Ambassador Todman’s note of August 24, 1992, agrees
in all substantive respects with the original English text.]
In that regard I wish to state that my Government agrees with the terms of the
transcribed note and, therefore, I have the honor to inform you that the aforesaid note
and this reply constitute an agreement between out two Governments that will enter
into force open the exchange of instruments of ratification.
Accept, Sir, the assurances of my highest consideration.
[Signature]
His Excellency
Terence Todman,
Ambassador of the United States of America,
Buenos Aires, Argentina
Thanks GT, never seen this before.
ARTICLE IV
1. Investments shall not be expropriated or nationalized either directly or indirectly
through measures tantamount to expropriation or nationalization ('expropriation-)
except for a public purpose; in a non-discriminatory manner; upon payment of
prompt, adequate and effective compensation; and in accordance with due process
of law and the general principles of treatment provided for in Article II (2)
Compensation shall be equivalent to the fair market value of the expropriated
investment immediately before the expropriatory action was taken or became known,
whichever is earlier; be paid without delay; include interest at a commercially
reasonable rate from the date of expropriation; be fully realizable; and be freely
transferable at the prevailing market rate of exchange on the date of expropriation.