MORWENATRELAWNE HI .The Government touts the London stock market as the finest in the world with the most robust regulatory framework to be found anywhere . In reality it is the most corrupt , rife with distortion and manipulation along with weak regulation allowing flagrant abuse to flourish . Compare what has happened to Musk in the US just weeks after issuing a tweet with what has happened to directors and accountants of Carrillian after issuing a misleading RNS . Broker ratings are also being abused . If a broker wishes to issue a rating that rating should IMO be privy between the broker and it's clients , not blasted all over as if it is part of some sort of regulatory framework. ATB
this @ 207, more than happy to hold even with the reduced spec div this has a yield of approx 7% for me . Approve of the reduced div hopefully they can reduce the debt . The franchising and hosting initiatives also hold some promise. Wouldn't mind to see a reduced store rollout.
Looking at the recent shorting activity , it's clear that a large proportion of the mails " spooked investors " were in fact short sellers . Holding a short position is the polar opposite of investing .Yet another factual error from the mail. ATB
They have to buy back approx 9.5 million shares , pretty difficult to do that at the daily volume traded without causing a spike in the sp. Possibly why the daily mail and nefarious websites are trying to assist. ATB
new highs on a regular basis. With a prospective yield of 5% and a PE of 23 along with some immunity to brexit concerns this is still too cheap. Here's hoping for another deutche downgrade , the last one worhed wonders
Agreed ,there is no certainty in this world but it seems to me a very large coincidence that exactly the same phenomenon has happened to two shares which I happen to own , how many other shares have been targeted in this way ? Probably quite easy to check it out but I havn't got the time or inclination. ADVFN I can assure you is pretty huge , but they certainly will not be obtaining my subscription . This sort of stunt can only be pulled off on a relatively small company they could not target the likes of Shell etc. ATB
Factually incorrect. The update was on the 9th Aug and no investors were " spooked " the sp was marginally down. The sp fell heavily on the 14th as a result of a prearranged manipulative attack via ADVFN which IMO possibly amounted to market abuse , as outlined in " This Morning " below ATB
@ 6.09 ADVFN issued an " update " on the Berenburg downgrade . This "update " was published before the market opened and in the same stream / format as an official RNS. I have no intention of paying + £400 / year to scrutinize this nonsense so I do not know the details . If Berenburg wish to issue a downgrade it should be communicated to their very appreciative clients and that should be the end of the matter , it should most certainly not be published by a website to all and sundry in a quasi official manner as an obvious attempt to manipulate the market ,which is open to potential corrupt practices. The good news is that in the same manner they issued an " update " on Page ( 6th Dec, check out my posts ) . Lo and behold for no apparent reason on that date it dropped 5% on the market opening . It has since risen by an annualized 60%. Some sensible regulation of this market is urgently required by the FCA ,but I am not holding my breathe.
Dibeg is probably correct The short positions have recently increased to over 2% , very easy for them on a smallish cap stock like this to make a coordinated attack to trigger stop losses . I will not be selling.
especially considering the adverse weather . Some very strange activity here 95 % of sellers at these prices will be selling at a loss , no doubt some stop losses will have been taken out , but could it be that shorters are selling shares they don't own ? I would not be surprised to see an increase in the short reported positions shortly. i would also expect trading volume to dry up for lack of genuine sellers.
This business model is both contrarian and sustainable Good results considering the state of the high street ,and it is absolutely guaranteed that they are taking market share from competitors . Deserves a re-rating.
This morning the rise was very abrupt about 9.30 after the good recovery in the retail sales figures . Maybe the market has realized that retail is not yet dead. Other than that they have probably taken this down as far as they can, and run out of sellers, so they are now allowing a rise . The manipulation going on in the cleaner than clean FTSE is something to behold.
RE: Getting interesting again here16 May 2018 08:38
Danny it would be a very foolish " investor " who would sell out of a share at a loss because there has been " no news " , one wonders what news they were expecting ? Actually there has been news. The fall in the sp can be very readily explained by the recent fall in the � v $ as a result of Brexit concerns and smarmy carney's lack of credibility . This may have an impact on the company margins , but they apparently have hedging in place so who knows ? But it does raise some uncertainty. There has also been the news that retail footfall and spend has fallen again. This is obviously bad news for retailers , the shoppers are feeling the pinch but IMO it is good news for value retailers such as Card because that is where they will be shopping. Indeed, I have on numerous occasions witnessed the stark plundering of market share Card V Clintons in my town . Yes I realize that I should not be making assumptions on a survey of one, but if this is even partially replicated nationwide Card will be creaming it. ATB
RE: Getting interesting again here15 May 2018 14:34
Must agree IMO this is being manoeuvred on low vol to try and shake out some sellers in the absence of news. Much under 214 and most punters would be selling at a loss as it would be not far off historic lows , so traded volume will probably dry up making for some volatility and possible trading opportunities ( not that I am a trader ). I would most certainly be adding.
the news this morning that retail footfall was down again I felt compelled to check out my local store . 8 browsers + 3 paying at the tills. Clintons right next door, 1 browser + 2 assistants having an idle natter at the tills. Went away feeling very reassured .