Member Info for usually_right

close below 114 points to 100p test. that would be the next time to buy. if may of course stop ahead of that, but likely coupled with an intraday reversal and end the daily with a bullish candle. that could be bought if on strong vol. but as stands youve got 100p in your mind as next trigger.

the stellar update comes after a strong run and on an overall strong down day for uk shares, so its no surprise they are lower today. however i think any general market related falls in the shares should be limited to 550-600. a stronger ftse fall might see a move a little lower but i dont think you will see them below 500p while ftse100 remains above 6300.

its an advance wraning of two things. recent sales are soft and margins are lower (returns are back up). they have to put it right by autumn. i think the mkt will settle down, maybe at a lower level, but give them time till then. if however they fail to deliver by then, you are looking at a bigger rerating.

what i always tell people, ask yourself honestly if you didnt have the shares, would you buy them today. if youd buy less, cut your position. if you wouldnt buy at all, you are best out of it. i will caveat that with the following assumption - that you have an even small grasp of what you are doing, as unfortunately many many do not and should stick with index etfs

asos may bounce by 35 quid. as for eggs and baskets, we all know how that works. pick 20-40 shares and spend a year or two getting into them at optimum levels per each stock. it might take 6 months it might take 2 years. then you can trade around the positions if you wish, going overweight or underweight as needs be, but always maintaining a long position.

i have said this before but i think its worth repeating - look how the oil majors have underperformed crude on the way up and also on the way down. in that i mean they havent participated as much in the upside, but when crude has fallen, they tend to fall further. the esg element is clearly part of it and it makes holding the shares tricky. i think you can trade them, but you really need to hold back until they are well oversold, especially if crude is still capable of coming down. i had a target zone of 290-300 but i am lowering this to the gap at 262 for a trade entry.

soft sales, supply chain issues, higher returns (softer margins). not much to like there. but they are blaming covid and the weather so it should come back during the next 3 to 6 months. the mkt will probably give them a pass for now. i can see the gap at 35 quid being filled but probably no lower. but if the next update doesnt show improvement, the shares are going to get derated even more strongly. so possibly a trade at 35 quid if its hit in the coming days.

bond holders will short the stock as a hedge so they will not be closing anytime soon. technical traders may have recently taken shorts on a break below the 200dma yesterday. they may target the gap by 47p from the 20th nov 2020, which wasnt quite filled.

i can think of 8bn reasons why not. besides that was before pvod was perceived as a huge threat to theatres.

i think its set a precedent is what many analysts are saying. disney releasing the numbers certainly was. its not down to just covid that the streaming numbers are up - its viewed as a legitimate way of viewing a film. a real alternative.

there will be some new eyes coming in but much of the streaming will come from traditional theatre sales. this was part of the reasoning behind peels downgrade yesterday, as they looked into the the number behind the recent big releases and pointed to big chunks coming from streaming.

i think improved trading isnt anything new. just going by the box office numbers one can see more and more theatre goers. however, part of peels downgrade today talked about a rising number of streaming transaction which will affect future footfall.

they still cant operate at pre covid capacity after july 19 yet their debt repayments are many times larger than pre covid. the shares rallied on the reopening trade, but like many others, they are falling back as reality sets in that getting back to pre covid profits will either take a very long time or will not be possible in many cases.

its wont go bankrupt. because there is a business there. but the shares can still end up near worthless if they raise or do a debt for equity swap. because the debt wont go away on its own.

with martin on board you can see ft100 membership in the future. the guy is that driven. as i said before. its personal for him. and when its personal and the guy is also very capable, its worth backing that guy.

you do know disney is not just amusement park right?

if you want to bet on movies, buy disney. why make things hard work and limit yourself to theatres.

its all about interest rates - servicing your debt.

i doubt there will be any offers at these prices, only debt for equity swaps make sense.

going below the 200dma today a big technical bear signal. add in covid drawing on and higher rate signals all adds up. notice the shares ahve been falling despite solid box office performances. this should tell you where you need to be looking as to the driver of the sp.