focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Had these shares for a while thanks to a big investment in GSK. In our house we've stopped buying any of the top "brands" unless they are the cheapest. As budgets tighten with the calamity of rising mortgages and food inflation I expect many others will start to cut back. Yet Haleon has been quite resilient so far. I find it hard to think of this stock as a defensive play so I'm thinking of selling out, perhaps at 340p+. Am I missing something?
Can some of you investment experts offer reasons for buying a share with a net asset value of about 330p and no dividends? Am I misreading something? Do I need a new pair of glasses? Time to replace the trusty Amstrad?
There's going to be more and more pressure on margins. The great recession is also lengthening and deepening, which will cut appetite for investment risk, lowering sales and revenues. Higher interest rates may mean less M&A. Does Ocado have enough cash? Will the banks keep ploughing in loans? Will Ocado need another rights issue? ( A rights issue at a significantly lower share price). I think that's why the hedge funds are shorting the stock ( a very big short) and why they know they might close their positions at much lower levels (lower than the previous nadir of 340s?) I'm particularly concerned about private investors who might be tempted to average down at current levels, thinking they are missing a bargain, or chasing the elusive takeover bubble (7 day wonder!)
At the peak of Ocado takover rumour they hit 631p, with predictions of a bid at 800p, or 1550p, or higher. Today's low was 495p. That's the bursting of a speculative bubble.
HeresHopin: No need for misogynistic rudeness. Think you'll find I was spot on about the OCADO bubble, which has now burst.
If they hit £29 this year, I'll give you my hand in marriage, my dear!
If you look through BERENBERG's rose-tinted spectacles: 940p.
I'd stuff my handbag if they fall to 350p.
Is this the company that sells cheap clothese online? (and most of it gets sent back?)
Looks like the speculative bubble premium is now being unwound. I'd be cautious about coming in now above 430p.
Doom-mongers are looking at 375p. At any rate I think the shares will struggle to stay above £5 unless they release news of whopping big orders and a suddent transformation of their cashflow crunch. Bubble bath? More like a blood bath: a sea of red.
Sold most of my holding at 256p. Thinking about coming back in at 225p. What's the dividend yield? Next payment date?
Longtimeinvestor: If the debt is corporate bonds does that mean it's our pension funds that take the hit?
How much of this debt is on Lloyds? Would be great to have a specific figure. The debt is considered JUNK, apparently.
Seriously, I'd like to ditch my bank holding at 45p but that might be a long wait. Summer holiday in Tuscany with the girls might need to be cancelled.
QANTAS: that nose dive and emergency landing was rather scary, my dear!
Hope your weren't listening to Rick123 when he was screaming Buy! Buy! Buy! at 565p
Sell out for the summer or wait for better news in 2024?
Clarisssa wants a new pony so I'm tempted to sell up with a tiny profit at 124p. Any thoughts?
Nothing so stale as yesterday's rumour. You're clutching at straws.
Another stock I'm holding onto for the big dividend payouts. At some point I'll need to scale back.
How long will I need to wait for £19.95 ?
Ramping Rick123456789 has gone into hiding?
Seriously, I like Rik's posts: he's very savvy with stock picking, a very prolific poster, and very skilled in Chat AI. Let's ditch the takover bubble nonsense and make our investments are fair value prices: c. 450p. Time to water the geraniums. By for now. DYOR. SPQR.
Was entertaining the idea of buying in if they collapse back to 450p.
"Anxieties and fears are often felt as a physical sensation—a knot in the stomach, a tight throat, a “sinking feeling” or some other unpleasant experience."
Dr Pangloss: "At least OCADO closed above their low for the day."
"Don't say I didn't warn you."
--- Lady Travesties.
I'm a bit behind with my spring cleaning this year. Just paying all the bills. Premiums up 20-50% in most cases, despite shopping around and asking for tips from the ladies at the spa. Which brings me to L&G? Time to dust off the share certificates and cash them in, or hold for another year?
Personally, I think that shorting a stock is a wicked practice. It's like kicking somone when they're down, or tripping someone up who's already disabled. It's not British. In the past, I've witnessed how the shorts will hang on for months (even years), waiting for that cash flow crisis when the banks say NO and stock has sunk so low that a rights issue is impossible. The shorts hang on like crab lice. Ocado is now top of the league with shorts. Precarious.