Mpac Share Discussion Threads

[tongosti] 28/2/2020 08:39

I hope some folks had the good sense of cashing out part of their windfall as opposed to preaching nonsensical-long-term-no-matter-what and surrendering a phenomenal return achieved in such a short time in the process of pontificating bs.

[castleford tiger] 28/2/2020 08:37

Another big chunk added this morning at these crazy levels

Tiger

[fuji99] 27/2/2020 09:55

Anyview - Just in 2016, the FTSE was around 5500. Today we are facing an economic domino effect caused by this virus. Globalisation is going to demonstrate its weaknesses.

[tongosti] 27/2/2020 08:46

“Nothing being company specific” must be a relief for wanna be buffets of the world....

Surrendering a windfall is sheer lunacy not a “prudent graham-esque” approach to making money.

Markets are unforgiving tp those who did not have a well thought out exit plan in place well before they initiated a long position. It’s called contingency planning to any eventuality.

gl

[andyview] 27/2/2020 08:45

I'm with you on the dow and us markets in general but the FTSE100 is now at a 12 month low already...

Not sure it should be impacting these small cap stocks so much and indiscriminately.

gla

[farnesbarnes] 27/2/2020 08:45

20k in 6 is a little far fetched (I hope) but you never know. America hasnt even caught a cold yet.

Cali had the first community spread case just after the trump news conference last night. The patient hadn't traveled recently, nor been in direct contact with anyone who had.

[fuji99] 27/2/2020 08:39

Nothing is company specific but the markets will be rattled by this virus for a while taking everything with them. IMO Dow could drop to at least 20.000 in the next 6 months when profit warnings due to the virus will be piling up in series.

[andyview] 27/2/2020 08:37

or 2.85 as it happens....

[andyview] 27/2/2020 08:29

I could not get an order out at 2.75 or 2.80 this morning so I'm not entirely convince with these drops...hopefully !

gla

[john09] 27/2/2020 03:49

Bounce to 330p today anyone ?

[longterm67] 26/2/2020 23:19

Core verticals are Pharmaceutical, Medical,
Healthcare and Food/Beverage, supporting
the likes of Nestlé, GSK, P&G, Philips,
ConvaTec, AstraZeneca, Unilever, Kellogg’s,
Diageo, Ferrero, Bausch + Lomb and
CooperVision.

[john09] 26/2/2020 19:17

REMINDER

£2.95 PER SHARE
80P IN CASH
FORWARD EPS IS 42P
FORWARD PE OF 5 (LESS CASH)
JUST TIPPED BY SCSW at £3.02

Is a forward PE of 5 justified for a company thats just had 5 profit upgrades ?

No

Expect bargain hunting to kick in tomorrow

[mfhmfh] 26/2/2020 18:08

Good come back

[tole] 26/2/2020 13:48

Let's see it blue by the close. I only bought a small amount back today in the market. Annoying though as it never hit my 265 order.

[bigbigdave] 26/2/2020 13:32

Great recovery!

[pireric] 26/2/2020 13:31

Buys over 300. People clocking the healthcare exposure?

[nimbo1] 26/2/2020 10:41

I just bought some - gl

[tongosti] 26/2/2020 09:12

While you rationalise, the market has shed about 70% of the profits made from that initial rise. In anyone's book, being happy to surrender such a windfall is what defines the (very) average market player.

[nimbo1] 26/2/2020 08:57

if anything the demand will increase - many companies will have to move their production from china after this - governments will see to it that crucial products like medicines are made at home... however market won't think about that for a while!

[dan_the_epic] 26/2/2020 08:42

I may have been sceptical of this before and versus Somero and the comparisons are still valid.

[tongosti] 26/2/2020 08:38

No one gets convinced against own convictions. In a bull market folks confuse their good luck for brains. Risk becomes all too clear only when you've lost your copper coins.