Member Info for Ubik_Fresh

Nice to see this edging up, I don't doubt we have some more volatility to come, but I could be tempted to average down again a bit at these levels.

Interesting... I don't have a huge amount invested here, but was thinking of either selling a re-buying lower (always risky and would crystalise a loss), or just average down a bit at low low prices.

Yes, I am trying to work out where the support level is and why such a large sell off recently.

This is definitely bucking the market trend today! Struggle to be too optimistic currently, but it bodes well.

https://www.theguardian.com/business/2022/jul/06/demand-for-debt-services-by-lloyds-customers-jumps-rising-prices-savings

I think this the current economic conditions make for prime territory for PFG, just as long as they can get their **** together the company should do well.

Margin compression incoming.

I hate to be all doom and gloom, but I doubt results will be very good. Retail sales contracted again in UK. The brunt of this was white good and more expensive items, which households are delaying due to tightening of the purse strings.

I think it's a long haul now until we come out of the other side of high inflation, Ukraine, etc.

Not de-reamping, just trying to be realistic in terms of the macro outlook for this year. It's going to be volatile. But, the drop here probably overdone!

Yeah, I am wondering at the 7% or so rise today. I do expect it'll fall back tomorrow or next week though. But who knows with Mr. Market and his variable moods.

https://www.asosplc.com/investor-relations/events-centre/

There is more pain to come. Don't let this mini rally fool you. We've yet to see earnings / profit compression. That's definitely coming.

Until we actually see that reflected in the buys and the short position, I remain a bit sceptical. Not sure 'strength' is the word I'd use at the moment, given how much this has dropped in 6 months.

Hey Barrie, I still feel like this one has a chance to gain during the downturn. Consumer borrowing is up as people struggle to make ends meet. Has the market bottomed yet, nope, I think we at about 2/3rds of the way down.

You'll need patience with this one, arguably, we'll all need patience for equity / stocks full stop.

Healthy rise here today, but I'm struggling to understand why.

Covid lows were around the £1.50 to £1.60 mark, I think we could see those levels again. I'd wait patiently and average down slowly.

But seriously, this is silly cheap. Keeping a close eye to average down like a chump.

Yep, Diodes only operate in one direction I think... so it's a good analogy.

*suspected it might be

Ahhh, sorry, sarcasm doesn't always come across well on these boards. I suspect it might be!

Are you sure? They sure do seem keen. LOL. If we can't laugh about this, we'd all go crazy.