Marshal Wace reducing that's good anyway.
When you think of what it was .
These one offs pass usually, in the end.
That's what I 'm banking on.
Oops, sorry about pun.
IMO |
Champagne Smithie?
LOL |
123T, sadly your cynicism is probably justified! |
I imagine with that type of fall Jupiter sold a chunk would make sense for them to crystallise a profit in such a short space of time and help their mates out of a hole guess we find out if short positions reduce call me cynical but! |
.....Darjeeling or PG ?
(sorry, couldn't resist that one !) |
Nice 'bowl' forming on the chart.
I am hoping it will be a cup and handle. |
long term hold. at some point divid will be reinstated. solid capital ratios |
c 5m shares are required to close the shorts and 400k of purchases/sales has pushed the price up by 10p. |
May be the one with 1.8 percent ! |
I suspect that today's movement is another short position closing. |
I'm not a chart expert...
..but personally I view the support/resistence points on a down trend....
as irrelevant in a new uptrend
the buyers in an uptrend are imo looking at the data/news, future & the uptrend, including the % rise from the bottom.....& not at the chart points on the down trend
(on the down trend shareholders see that they are losing money, that causes some to sell some shares.....perhaps perpetuating the down trend.....there is worry & concern
.....on an uptrend after a bottom the mkt has decided that the bottom price was too low.....& that the price should be higher.....the mkt is then busy deciding how much higher the price should be based on the news & future at that moment......& that review happens in an ongoing manner...
....I personally don't think there is that much interest in the support/resistance pts on the down trend. |
On a technical point some one said 314 resistant point ???So is the breaking north again? |
You can never guarantee anything but even using my worst case scenario which I think is off the table now this stock was still substantially undervalued mainly because of the uncertainty certainly wouldn’t be selling now. |
I am pleased.
This is looking better agreed. |
Looks good , just needs the Cbam monies !! |
"The Only Way is Up"
Yazoo. |
Nice finish in a high ! |
Yes the obvious trades 50ks and 75ks |
Shorts working hard to get out here at a decent price by the looks of things. |
The Supreme Court looks at the gray areas of the law and unintended consequences of following it to the letter as I said this is pretty big now and government intervention will be bought to bear. The best outcome would be for the court to find that regardless of the structure of the loan the actual rate was agreed and a cooling off period adhered to. Anything is possible at this stage a Mastercard outcome would be preferable lol. |
From what I’ve picked up on admin costs per claim are ridiculous sure I read it was £700 per case. It would appear only the finance company is at fault technically in relation to compensation although I could be wrong. The money involved per case would depend on the rate and duration of the loan. |
123Trev
wrote
"...and compensates the consumer to some degree without causing to much harm to business how much is fair for both parties is the question."
Perhaps the car salesman/dealer pays back to the client 1/4 (or 1/3rd ?) of the commission the salesman/dealer received ? (if official regs were broken by the financing contract)
The car dealer imo incurred labour costs in providing the financing & has a right to keep money for that & imo a profit. And in any case I would argue that the car dealer should pay the compensation & not the finance house.
Repayment of say 1/4 of the commission would perhaps be largely irrelevant for the cap value of CBG. And perhaps a liability for the car dealers & not the finance houses; or a % split ??
(As I understand it (from Morse, Amigo etc) the costs for admin. for processing any repayment claim is notably bigger that the amount of any repayment). |
 apple53
I agree with your comments about the FCA idea of deciding what is a permittable profit %. That appears to be part of the current WOKE agenda.
Well, imo the WOKE agenda is ending (hopefully). The WOKE agenda imo seems to be similar to some communist ideas, that everyone should work for the benefit of system & not take a personal profit. Well, in reality if there is no personal benefit for working society will just stay in bed or sit at home & watch the tele.
For the business sector to work it needs investment/money, dedication, work & a profit; if not then the investment money & work does not happen.
======
If the FCA wants to minimise profits in any financial sector it needs imo to encourage more operators in such sector. More competition, better priced services for clients. If the FCA starts meddling too much inside any financial sector it risks losing operators & just seeing prices rise or that clients can not obtain the financial service they want.
(look at rental housing in some countries. Some Govts have made laws which are unfair to landlords, as a result many landlords have sold up. The reduction in supply/offer has then caused the rental prices to go up, the opposite of what the said Govts wanted to happen. (Govts can often be stupid)). |
123Trev a good observation. |
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