Cmc Markets Share Discussion Threads

[irenekent] 02/10/2021 06:02

I too am waiting till I see some numbers for client activity. Just remember the only bottom for a share price is 0. I could see these sinking to 200p fairly rapidly. In 2019 they seem to have hit about 80p at one point.

[mngf] 01/10/2021 21:12

Yes this is what I was thinking as well. The first thing you do when things are tanking is get out of leveraged bets which I'm sure people are doing. Then I think most will sit on their hands before topping up any long term holdings. Whilst there was volatility before the general trend was still up and surely people trade more when the trend is up vs what we are seeing now...imo

[imastu pidgitaswell] 01/10/2021 12:44

I think it is related to volatility - but I don't know, obviously.

Not holding, but would be buying - except I can't because as per post above, my portfolio is all (not largely all - all) underwater thanks to recent machinations. As they're all safe shares I'm not selling them until they are in profit - hence no trading. Hence no trading income for my provider (not CMCX).

I suspect there are thousands of others in a similar position.

Quite happy to wait it out and take the large dividends on the holdings that I have (elsewhere) - but that won't do anything for the likes of CMCX and market volatility.

[mngf] 01/10/2021 12:32

Not sure volatility is up, my portfolio is just heading south every day with no up days

[rcturner2] 01/10/2021 12:26

I don't think that volatilty is the main factor here. Their profit outlook took a massive dive in one month which was completly unrelated to volatilty. My theory is that since they are unhedged (unlike IG) they made (some) lucky profits in the past and now they are reverting to mean. I would wait to see some real numbers from the company before buying in here.

[mbdx7em21] 01/10/2021 12:21

looking to take a position, market volatility on up - much more to come I would have thought

[aleman] 01/10/2021 10:27

Loads of individual shares' charts look like they might be in trouble. You can see it in the indices. This, for instance, is the high yield index which is testing its 200-day average again and looks like it could soon fall through it.

[aleman] 01/10/2021 10:20

VIX up to 24. Energy up again and £ down sharply this week. Unusual economic problems everywhere. Trading platforms should be busy.

[brucie5] 30/9/2021 16:35

I must say this looks a bit bowlish. I have bought back in.

[ny boy] 30/9/2021 08:35

The queen of volatility is back tomorrow! October always brings lots of crazy swings, got to be a good month for these bought 310 and 285, hold for long term rewards and potential M&A activity imo AWE showed that yesterday & today, plenty of opportunities around.dyor as usual.

[12toes] 29/9/2021 16:08

Why because it is less than what you paid for them You haven't got a clue

[ricky46] 28/9/2021 15:32

This are surely the buy of the year in this market

[ricky46] 28/9/2021 15:32

The Volatility is back...........

[gus111222] 27/9/2021 15:29

NT and Motley both buys. Price drop overdone for earnings trim!

[dancing piranha] 22/9/2021 18:33

I guess I'm addicted too, I'm back in!
Shameful lack of discipline on my part, but the recent volatility in the market is definitely going to help CMC's next set of figures....

[imastu pidgitaswell] 22/9/2021 11:45

Nicely put. Similar - still waiting though.

[jwilkes1] 21/9/2021 09:40

Worth Looking at JKX because of what’s happening in its end market. Produces natural gas which is the hottest commodity about, all over the news and prices are ballooning. Jkx Earns $700 per 1000m3 gas, they sold 120m in h1. Will be nearer to $90m net cash end of q4 (has no debt) and current market cap only £75m. Really starting to re-rate anyway and worth some research

[swinsco] 21/9/2021 08:23

Taken some this morning. Been waiting patiently.

[coxsmn] 21/9/2021 08:09

September volatility boost here after a quieter July/Aug.

[growthpotential] 20/9/2021 19:46

I agree, volatility is a part of the market dynamic, onwards and upwards but now for a chance to turbo charge earnings at CMCX, IGG and HL

[aleman] 20/9/2021 09:14

At 25, VIX index is highest for 4 months today. Shouldn't CMCX share be rising on this increased volatility?

[molatovkid] 16/9/2021 07:16

Good news!

The cynic in me is starting to think the trading update of 02/09/2021 was a touch negative to allow Schroders increase at a lower price.

[grahamg8] 15/9/2021 17:35

The charts for CMCX, IGG and PLUS are quite interesting. Over the past 12 months IGG and PLUS have tracked each other pretty closely. CMCX massively outperformed before slipping back and then there was the recent crash bringing the share price down to be the worst performer of the three.

However over a five year timescale PLUS hugely outperformed in 2018-2019 before their price collapsed. Indeed the chart shape for PLUS 2018/9 and CMCX 2020/21 are remarkably similar.

It's easy to blame the Directors for being overly optimistic and sucking investors in. But these three companies do very similar things and the share prices follow each other pretty closely over the longer term. The message seems clear to me. If one of the three starts rising strongly above and beyond the others then expect a painful correction in 12 to 18 months time.