While they said they were inline, brokers have reduced forecasts gradually from 20p eps in January to a small loss now. The shares were half the current price back then too.
The -0.6p eps forecast has now dropped to -1.2p.
The momentum is just not there in the right direction. I did very much believe in Michael Wilome the CEO but it looks like things are just too tough. I think there's likely better places for my money at the moment. One I hold my had up to getting wrong, there will be more too I'm sure, that's investing.
I don't know, but if they do that, it will be negative for the stock market. I thought they wanted to grow the economy but they seen gold medalists at saying one thing and doing another.
No reason for selling FCH other than I want to be more in cash and I have more than doubled my money there. I'm sure I'll buy back FCH at some point. There was nothing that I was holding that I disliked, I could have trimmed across the board but I just decided to retain large holdings in my very best bets for OBIAYs. The MKS is a trading thing, short term.
I thought I was accused of always being a perma-bull full stop.
Not sure I'd equate Brexit with this government - I don't remember violent riots with Brexit, I thought it was conducted democratically and vociferously. UK seems to have done way better than Europe since we left, let's hope we can say the same for Labour in 4 years time.
I saw the Vox interview and noted the ones you now hold and that you also very recently went back into Card and MKS.
Any reason for exiting FCH? With a huge pile of cash, share buyback and the bonus 30 million from the sale of the US business, I’d have thought it would be a good one to hold especially as they are confident of showing a profit?
Or is it a case of you’ve nearly one bagged it and see a possible price pull back?
I saw the Vox interview and noted the ones you now hold and that you also very recently went back into Card and MKS.
Any reason for exiting FCH? With a huge pile of cash, share buyback and the bonus 30 million from the sale of the US business, I’d have thought it would be a good one to hold especially as confident of showing a profit?
Or is it a case of you’ve nearly one bagged it and see a possible price pull back?
Rebel I just finished reading zulu principle, which was excellent. Can you recommend any other books on investing? I like a plain English delivery but I'm not afraid to get my head around arithmetic and numbers...
The issue for me Cockney is you seem to swing too much, from "perma bull" to not wanting to invest in the UK markets. Also, you seem to be going on about the negatives of the Labour government the same as the re-joiners were going on about the negatives of Brexit. You kept telling them to move on. Enjoy your break, your macro view is certainly appreciated by me.
I was rather disappointed in Synthomer Edward.
While they said they were inline, brokers have reduced forecasts gradually from 20p eps in January to a small loss now. The shares were half the current price back then too.
The -0.6p eps forecast has now dropped to -1.2p.
The momentum is just not there in the right direction. I did very much believe in Michael Wilome the CEO but it looks like things are just too tough. I think there's likely better places for my money at the moment. One I hold my had up to getting wrong, there will be more too I'm sure, that's investing.
Thanks rebel much appreciated
I don't know, but if they do that, it will be negative for the stock market. I thought they wanted to grow the economy but they seen gold medalists at saying one thing and doing another.
No reason for selling FCH other than I want to be more in cash and I have more than doubled my money there. I'm sure I'll buy back FCH at some point. There was nothing that I was holding that I disliked, I could have trimmed across the board but I just decided to retain large holdings in my very best bets for OBIAYs. The MKS is a trading thing, short term.
Thanks for the reply
I thought I was accused of always being a perma-bull full stop.
Not sure I'd equate Brexit with this government - I don't remember violent riots with Brexit, I thought it was conducted democratically and vociferously. UK seems to have done way better than Europe since we left, let's hope we can say the same for Labour in 4 years time.
Thanks for your comments though.
I am still watching the market closely, but till the budget is done and dusted I'm gonna be uber cautious so it leaves me with a bit more free time
How likely do you think this 100k ISA cap is?
Thanks rebel. Could you briefly sum up what you thought of the synthomer interims during the week?
Thanks Cockney. Enjoy your break from the rock and roll of the markets.
hanks Rebel
I saw the Vox interview and noted the ones you now hold and that you also very recently went back into Card and MKS.
Any reason for exiting FCH? With a huge pile of cash, share buyback and the bonus 30 million from the sale of the US business, I’d have thought it would be a good one to hold especially as they are confident of showing a profit?
Or is it a case of you’ve nearly one bagged it and see a possible price pull back?
Thanks Rebel
I saw the Vox interview and noted the ones you now hold and that you also very recently went back into Card and MKS.
Any reason for exiting FCH? With a huge pile of cash, share buyback and the bonus 30 million from the sale of the US business, I’d have thought it would be a good one to hold especially as confident of showing a profit?
Or is it a case of you’ve nearly one bagged it and see a possible price pull back?
Rebel I just finished reading zulu principle, which was excellent. Can you recommend any other books on investing? I like a plain English delivery but I'm not afraid to get my head around arithmetic and numbers...
The issue for me Cockney is you seem to swing too much, from "perma bull" to not wanting to invest in the UK markets. Also, you seem to be going on about the negatives of the Labour government the same as the re-joiners were going on about the negatives of Brexit. You kept telling them to move on. Enjoy your break, your macro view is certainly appreciated by me.