I've put my order in for my max amount, if they raise the 2/3billion or whatever it was they were expecting it should see them through to 2022 apparently, plus they are still making engines and there's other deals going on so they should come back from this..
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- Thread starter mcast123
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Soldato
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How many times has this happened over the past 6-7 months. Big sell off for two or three days, then everything back to normal a few days later usually with bigger gains. I find the buying starts again on Friday. It's like there is feel good factor about Friday and the markets don't like being down. We'll see. I could be completely wrong, but it's my observation.
Twitter, Facebook, Amazon and Apple earnings are all released this week. Microsoft was on Tuesday and beat estimates. Must be nice earning nearly $40bn a quarter.
Not so sure of the bounce on this one.
The new lockdowns could be long, there's civil unrest and less support.
Before not many businesses were failing. Now they are starting to drop.
Probably end up winning or losing big in this climate.
Thought bottom was in myself a few weeks ago. But now... Well. Who knows
Soldato
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Since when has the market shown any rationality during this event ? To expect "safe" companies (They're still probably massively overvalued) not to follow general market sentiment when it's been irrational throughout is irrational too no ?
Soldato
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Yes. Just wait until the UK has a full lockdown. You'll probably see Cineworld and Whetherspoons shares jump
Who is to say what overvalued is though? Many would argue Tesla is. Fair enough. What stocks like about Microsoft, and Amazon, both still seeing double digit growth across most of their business units. I can't speak for the UK market much as I don't follow it as closely.
Associate
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I guess overvalued is a difficult term to crack. I see a number of factors:
1) Where does the company sit within its peers.
2) What is the growth potential of the market the company is in.
3) What is the P/E ratio.
4) How much free cash flow do they have.
5) How much debt does the company carry/leverage.
Not necessarily in that order.
Another view, could be to take the net asset value as per the recent set of accounts, and then factor by a relative index, and compare that to the current market price.
In that case:
Natwest had a NAV of 300p as at December 2019, and traded at 240p
HSBC had a NAV of $8.86 as at December 2019, and traded at $5.91
Both could be considered 'cheap' if we see the share price as being at a discount to NAV alone, so why is the actual share price in the market lower - has the company been mis priced, or is sentiment weighing in on the stocks / future uncertainties?
At the opposite end of the scale:
Ocado had a NAV of 119.58p as at December 2019, and traded at 1227p.
I think this is where points 1) and 2) come into play and difficult to put a price on.
The NAVs I see are reflective more of a point of time, whereas the share price is market optimism of future return.
1) Where does the company sit within its peers.
2) What is the growth potential of the market the company is in.
3) What is the P/E ratio.
4) How much free cash flow do they have.
5) How much debt does the company carry/leverage.
Not necessarily in that order.
Another view, could be to take the net asset value as per the recent set of accounts, and then factor by a relative index, and compare that to the current market price.
In that case:
Natwest had a NAV of 300p as at December 2019, and traded at 240p
HSBC had a NAV of $8.86 as at December 2019, and traded at $5.91
Both could be considered 'cheap' if we see the share price as being at a discount to NAV alone, so why is the actual share price in the market lower - has the company been mis priced, or is sentiment weighing in on the stocks / future uncertainties?
At the opposite end of the scale:
Ocado had a NAV of 119.58p as at December 2019, and traded at 1227p.
I think this is where points 1) and 2) come into play and difficult to put a price on.
The NAVs I see are reflective more of a point of time, whereas the share price is market optimism of future return.
Soldato
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Dollar up slightly but within range but not a proper threat of a rise or this sell would be a mole hill comparatively. +40% revenue for AMD ? :O
Soldato
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Yep 212 for me, and due to stamp duty, I mostly avoid UK stocks. H&L is dire in many ways.
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Do I don't I do I don't I
5th November to decide seems a no brainer to buy them for 32 pence each 
Soldato
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When was the cut off for the RR rights issue?
EDIT: 23rd October.
EDIT: 23rd October.
Last edited:
Associate
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Do I don't I do I don't I
Hah - I'm not sure what to do tbh! I do feel like I am throwing good money after bad but if RR does pick up in the coming years....
It will, I can't see it going any other way, yes things might get worse than they are now, and the price drop, but I am under no doubt that it will rebound, might take 4/5 years, but its coming, might not even be to the pre-Rona levels, but certainly enough to make your money back, and then some...
Soldato
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Yes. Just wait until the UK has a full lockdown. You'll probably see Cineworld and Whetherspoons shares jump
...
Right on queue, Cineworld starts its recovery as 2/3 of the country is in Tier 3 measures.