eccles you probably will get your chance to buy some more . Trade talks between B.J. ( unfortunate initials ) and the genius trump will start when Brexit is accomplished in the near future . It is a near certainty that a certain twitter feed will state that the talks have hit an impasse , resulting in a very decent market decline , buy then because the same twitter feed days / weeks later will probably state that a comprehensive and great agreement is about to be signed resulting in a very decent market rise . Everyone is is a winner truly brilliant.
Agreed , the market movements are strictly speaking nonsense because nothing has actually changed . But there is some logic attached to it , traders know that his comments will move the market so they act accordingly Today is just the normal bounce back from an oversold situation , just awaiting more b s from the genius.
Hi eccles . The reason was the infant trump resuming his hot and cold musings on the possible China / US trade deal , yesterday he stated to the effect that a deal was a long way off and he could not care less . Tomorrow he will probably say that a deal is about to be made and all is hunky dory.
These comments move markets ,and with advance knowledge they could very readily be used to manipulate markets to the to the tune of billions of $ in profit. The trade talks will be held in secret and until a deal is signed sealed and delivered off the cuff comments by dubious characters should be banned as they bring markets into disrepute.
the stuff ,excavating shafts, blasting the stuff , conveying the ore to the surface , crushing the stuff , discarding the muck,concentrating the stuff, smelting the stuff . I imagine that the major's might be somewhat miffed when some cheeky blighters show up and show them that their discarded muck can be 'mined ' successfully at a fraction of their costs . I hope JLP have invincible I P protection for their processes because they could be a game changer. ATB
Yep Page down 8% a vast over reaction ,you would think they had posted a projected loss. The profit figure stated is much the same as last year . A lot of the trade problems are down to that orange idiot in the White House, when the US market takes a hit hopefully he will get dumped.
Yes indeed they can still fall a lot in this crazy market, and some great value to be found to tuck away. Take the rating of LGEN ,pe of 7.6 and a yield of 7% . It wasn't long ago that a rating like that would indicate near term failure or a rights issue . All of the above will absolutely not happen , if it did a permanent freeze over would inflict the economy of " great britain "
in today also own some Page. Seems to me that the markets have gone crazy . So many strong div payers like this are priced for an extended catastrophe . OK this will fall tomorrow but the market is telling us it cannot recover . With Brexit looming and a global slow down on the cards , yes things are not great . But is it likely that a company like this ( and others ) are headed for near term losses ? Highly unlikely, and even if the div is halved and halved again, with central bankers clambering to cut rates the yield here will still be attractive . Somewhere in the " financial system " there is a vast mismatch. Probably relates back to the QE fiasco which is yet to come back and bite us all. GLA
that in all the recent market turmoil the MM's have taken every chance to mark this down . This share is relatively thinly traded so it is a prime target for manipulation . With a very healthy div coming up ,in the next couple of weeks they will find it difficult to hold it back.
Hi After a lot of thought I sold out here @ 193 bought @ 207 but including divs made a slight profit. I noted a marked drop in shopping numbers and decided that the retail woes were getting worse . My local shop was still well attended though so I have not completely lost faith and will keep an eye on this. Certainly bearing in mind the strong div it is not a silly buy . GLA
as a bit of a punt I have invested here. As in any investment the downside is finite , you simply forgo your cash. But the upside here is astounding, obviously plenty of risk attached and there will be ups and downs . On the downs I will probably add because this is difficult to buy with such a large spread. One plus for me is that this is a hedge against the great british penny of which I have zero confidence in . Who knows in a few years time the upside potential might make it a hedge against the great british pound ? I used to work on the Zambian Copper Belt on a mine kept afloat by some very valuable cobalt production if JLP could recover some of the wastage there as well that would be great . The waste dumps are truly gigantic. ATB