Member Info for ZaraSummer

That's good to hear, I was just like you before all trouble started. I even recommended to many expats. wait until you hold a large balance with them and try to transfer out after a few month, they won't let you.

Does anyone here use this company? their compliance procedure for transfer has been beyond painful over the last year. Seem like they hired a lot of inexperienced people (or robots?)

Why did it not make an offer when GSK was at rock bottom??

Let's just say this article won't lift the share price. This interview was a good opportunity to lift mood and sell the company but this was not taken up well. Maybe she is tired.
There are more activities/volatilities in the market at moment which is good for icap and we often see a drop at end of month. It's way undervalued if you compare to BGC

I think they tends to come in 5s, and from the high, it has dropped 5 times. This is very likely to be the bottom, we might get a bit of bounce up and down over next few weeks but this stock should not be at 2017 level. Also China and Russia appear to be planning for war, if that happens, this will shoot up. Although I sincerely hope there will not be a war.

if anyone shorting at this price level, they must be very brave.

edging ever close to 940 .. but around 15:30 UK Friday is often a turning point.

I hope it won't drop below 940, but market has surprised me many times before (Excuse my typo earlier)

definitely an over reaction, however I wonder if US market oven will take this seven lower due to stop loss sale. Will wait for US market to open before I buy my second lot. it has breached 1050, so could go to 1000

Looking at the weekly and monthly chart against rsi, this could be a turning point. Rsi of monthly chart is at similar level as Oct 2020. I still don't understand why the share had a down trend while profit has gone up between 2017 until now ( according to this site) . Good luck all.

the profit being down is probably related to the cost of on-boarding new accounts, which has one off cost associated. business often expands at all cost then find ways to reduce the on-going cost. I'm hoping tomorrow it will bounce back to 15 at least.

Thanks nitroxhotshot for the clarification.

Dividend is down 8% (but I think it did not take into account of the special div, so div hasn't dropped that much ) and profit margin is down. I guess the heavy fall is due to a lot of stop loss getting triggered. it will recover a bit later today.

@Kallumama, based on historic chart and also when it drops like this, it never drops for one day. the downtrend could last a month and more. but it will bounce again just before ex div and then usually it will drop more right after ex div (more than dividend)

There will be a dead cat bounce , but I expect the price to go to 3.9 or even as low as Feb low. Was surprised on how well it held up during last week's market correction.

I may consider buying around 42 target 44.5, if 42 holds, I still think we are near a pivot point if you look at the chart between 2017 to Jan 2019. Would not want to buy at the top of this pivot. In terms of value, there are many undervalued stock in FTSE at moment to pick from that would provide better gains if you intend to hold long term. Some with good dividend.

I can see on my chart it did reach 180 very briefly before, probably only for a few seconds, I was waiting for that before buying more, now it's looking unlikely though.

591 is a strong support, hope it will hold.
Still worried about US correction but hopefully fear has subdued after Yellen clarification

Think 73 should be the bottom if this drop is due to ex div

I'm not sure if this is a good place to buy, several risks.
1. This is a price point where historically it reverses.
2. We had a rather good run for a few weeks without a severe correction.
3. The rise after good result fades. Have seen pump and dump on a few stocks post result.
4. Inflation could again pop up and bring market down
5. Us market could turn at any moment and therefore could drag down FTSE. But then it might reach a new high.
Long term I believe this share will go up, short term, it could go back to 39.
Of course I could be entirely wrong.