Thanks Cockney, always enjoy reading your posts. Have you looked at Prudential recently? Looks like a bowl forming (formed?) to me and the forecasts on Stockopedia are showing good growth (although the consensus is reducing).
Hi Andrew - Substack not showing me your comment so I have posted it above. I have seen PRU and saw the bowl forming too but ignored it for some crazy reason, I though it was unexciting. That was prior to the Trump liberation day speech. I hadn't bothered chasing the dip as I didn't know what exposure they had to US holdings and so left it again. Perhaps I need to take a closer look but not a sector I tend to get involved in much.
Good spot with WRKS Rebel. One of my biggest positions. I recommend looking a bit more into the non-exec chair (Steve Bellamy). Highly experienced in turnarounds and restructures. For 23 years he was assisting PE's & VC's identify potential investments. Steve was brought in to turn things around and bring the WRKS back to life.
Retail has been shunned imo, Since Reeves became Chancellor it has been noting but negative news. That sort of thing over-depresses investors in my opinion. Let's hope for some positive reactions through May
Thanks Cockney, always enjoy reading your posts. Have you looked at Prudential recently? Looks like a bowl forming (formed?) to me and the forecasts on Stockopedia are showing good growth (although the consensus is reducing).
I’ve just bought into the VTY bowl and have been looking at the GRG bowl. Do you have a view on GRG? With wages increasing, it’s got to be an affordable treat where they can hopefully pass on some of the NI costs to consumers?
Hi Cockney, any views on Dunelm? I’ve only recently become aware of them because the Mrs bought some amazing aluminium pots, great products (heat retention, super lightweight and a dream to clean compared to our earthenware)….anyway they look cheap to me with low debt and good recent share price momentum after a strong trading update. Bought some today.
Yes, I like dunelm and I have bought a decent position. Shipping container prices plummeting, £ stronger v $ and no doubt a lot of spare capacity in China after Tump's tariffs so it's an importer's market out there now in all likelihood.
Retailers are fully pricing in NI too and the wage rises imo so they have passed that on and more I expect.
A 5.7% yield too with the special divi that they pay nearly every year. They get a fantastic quality score on Stockopedia too with a 94%+ return on equity part of that.
Volumes seem still to be fairly low which undermines faith in the strength of market moves borne out with the lack of firm market trends. Scalping seems to be the only option if one wants to be in the market. Just my pennyworth.
yes, volume has been low but the advantage of that is that moves on high volume stand out more and become easier to spot/ Also high vol tends to be when everyone is confident, low volume when everyone is scared and I would expect low volume here but that may start to pick up soon.
Thanks Cockney, always enjoy reading your posts. Have you looked at Prudential recently? Looks like a bowl forming (formed?) to me and the forecasts on Stockopedia are showing good growth (although the consensus is reducing).
Hi Andrew - Substack not showing me your comment so I have posted it above. I have seen PRU and saw the bowl forming too but ignored it for some crazy reason, I though it was unexciting. That was prior to the Trump liberation day speech. I hadn't bothered chasing the dip as I didn't know what exposure they had to US holdings and so left it again. Perhaps I need to take a closer look but not a sector I tend to get involved in much.
Gutted for Paul Hill, I hear he lost over a million quid on Argentex.
“Derivatives remain weapons of mass financial destruction”
yes, a shame but he will come back from it, he has the experience.
Good spot with WRKS Rebel. One of my biggest positions. I recommend looking a bit more into the non-exec chair (Steve Bellamy). Highly experienced in turnarounds and restructures. For 23 years he was assisting PE's & VC's identify potential investments. Steve was brought in to turn things around and bring the WRKS back to life.
Yes, I did look through hi CV which was part my reason to buy, I also think Kelso with over 6% are agitating for a change in performance.
Thank Rebel for great in depth analysis.
I saw the BlackRock article buying into UK stocks and thought that was interesting.
The US only being 9% of global trade rather than 15% adds more colour to the global picture.
How much has Trump miscalculated the world’s reaction to liberation day and how much is he going to have to reign it in?
I am retail heavy and hope the MKS cyber attack passes quickly.
Retail has been shunned imo, Since Reeves became Chancellor it has been noting but negative news. That sort of thing over-depresses investors in my opinion. Let's hope for some positive reactions through May
Maybe Trump is making the UK great again? Let's hope so eh.
I did work out that Make England Great Again created MEGA as an acronym, which is rather good :-)
Good work my man, thanks for all your effort !!!
Thanks Cockney, always enjoy reading your posts. Have you looked at Prudential recently? Looks like a bowl forming (formed?) to me and the forecasts on Stockopedia are showing good growth (although the consensus is reducing).
Thanks for the full and considered post Richard. A fascinating read.
Thank you Jas,
Cheers
Appreciate it 👍
Hi Rebel
I’ve just bought into the VTY bowl and have been looking at the GRG bowl. Do you have a view on GRG? With wages increasing, it’s got to be an affordable treat where they can hopefully pass on some of the NI costs to consumers?
I hold VTY, nice bowl and bombed out.
I'm holding GRG - it had a 50p div go xd today. There is a nice bottom on the chart here by the look of things but I would say that as I hold.
GRG has been a hugely happy hunting ground for me in the past, the stockmarket and the stores :-)
Hi Cockney, any views on Dunelm? I’ve only recently become aware of them because the Mrs bought some amazing aluminium pots, great products (heat retention, super lightweight and a dream to clean compared to our earthenware)….anyway they look cheap to me with low debt and good recent share price momentum after a strong trading update. Bought some today.
Yes, I like dunelm and I have bought a decent position. Shipping container prices plummeting, £ stronger v $ and no doubt a lot of spare capacity in China after Tump's tariffs so it's an importer's market out there now in all likelihood.
Retailers are fully pricing in NI too and the wage rises imo so they have passed that on and more I expect.
A 5.7% yield too with the special divi that they pay nearly every year. They get a fantastic quality score on Stockopedia too with a 94%+ return on equity part of that.
Agreed. Lovely operating margins and low debt too.
Volumes seem still to be fairly low which undermines faith in the strength of market moves borne out with the lack of firm market trends. Scalping seems to be the only option if one wants to be in the market. Just my pennyworth.
yes, volume has been low but the advantage of that is that moves on high volume stand out more and become easier to spot/ Also high vol tends to be when everyone is confident, low volume when everyone is scared and I would expect low volume here but that may start to pick up soon.