Wetherspoon ( J.d.) Share Discussion Threads

[essentialinvestor] 16/10/2020 14:23

rescuer, agree.

[big brother8] 16/10/2020 14:20

I DID NOT UNDERSTAND MORNING ACTION. I SUPPOSED IT WAS DELAYED REACTION. OPENING SHORT WAS UNDER WATER WITH A 3% AND 8P SPREAD.

YES THEY SHOULD HAVE MONEY BUT WITH WHO? UNDERWRITTERS STAYING AWAY. IT'S CLOSE TO 800P FOR IT NOT TO TESTED.

SELLS VOLUME PICKING UP NOW.


BB8
IN BB8 WE TRUST/

[rescuer] 16/10/2020 14:14

BB8 - Tim missed an opportunity, JDW ought to have "placed" a few weeks ago, raising another £300m, would have seen them through this difficult time and allowed them to continue with expansion.

we are in these current controlled measures for at least the next 6 months, there's little to no upside in JDW as it stands, opportunity to steady the ship at a reasonable placing price has now long gone after those results today and as you type the "financial covenants".

[big brother8] 16/10/2020 14:07

The Company has agreed with its lenders to replace existing financial covenant tests with a minimum liquidity covenant for the period up to and including July 2021. There is material uncertainty beyond this date as to whether financial covenant tests will be satisfied or whether further waivers will be agreed on by lenders. The Company will remain in regular dialogue with its lenders throughout the period.

[johnwise] 16/10/2020 14:03

JD Wetherspoon's Tim Martin slams restrictions as 'capricious and damaging'

[babbler] 16/10/2020 13:55

Are JDW serving in Germany now?

[johnwise] 16/10/2020 13:54

NEW: German Court Overrule 11pm Curfew

VIDEO

[big brother8] 16/10/2020 13:49

COVENANTS PROBLEM WE COULD SEE 50P :(

SAD VERY SAD.

DO YOU GUY WANT TO SEE THAT 4K SHARES SHORT I TOOK IN THE MORNING. I WAS NOT SURE WHY IT WAS NOT MARKED DOWN AND THE SHORT EVEN WENT AGAINST ME WITH A 3% TICK UP SPREAD.. LOLOL


GOING ON ABOUT WARREN BUFFET IS WASTING BANDWIDTH.


BB8
IN BB8 WE TRUST.

[rescuer] 16/10/2020 13:44

800, then 775 both support levels, if it breaks the latter, then 600 is the next support.

[arja] 16/10/2020 13:29

JDW short covering rally quickly ran out of steam I see!

[arja] 16/10/2020 13:27

does it cleverly by saying the EU will not give us a Canada style deal knowing full well one can not compare Canada with Uk which is just across channel from them . He says it for consumption of working classes in north and midlands as that would not occur to them . So his statement is totally disingenuous ! as Terry Thomas would say about the Toris " what a shower" . ( smile )

[arja] 16/10/2020 13:23

yes Gozzie but he

[gozzie2] 16/10/2020 12:56

Hes always wanted no deal to appease my fellow northerners .Shame there will be more chaos and they will be even worse off .Great for labour im getting my betting funds already for a tasty punt on them .Even Boris biggest fan my mate isn't happy with things .I did warn him about Boris read about when he was a best man at a wedding lol .

[arja] 16/10/2020 12:07

retreated . I suspect he would actually like a no deal .

[arja] 16/10/2020 12:07

just heard the clown spoke advising businesses to prepare for a NO DEAL and no wonder sterling

[arja] 16/10/2020 12:01

rescuer - interesting about AHT background and good luck with your trade . Cable just tumbled suddenly but I can not find any adverse brexit news .

[rescuer] 16/10/2020 11:34

arja - i worked for them back in the late 90's and i knew what was going on when they had their "financial irregularities" on the back on World Com and Authur Andersons - when it crashed i knew what the intrinsic value of the company was. Lots of my trader mates made 7 figures on the rise back up, but at the time my price target was 103p, never did i see it going to £30 - I've just gone short on them - looking for 100 points or support at £28.

[arja] 16/10/2020 11:27

rescuer - wow AHT is a real performer and I just looked at chart and today it reached an all time high and hence NOR situation . It is as if there was no covid 19 .

[arja] 16/10/2020 11:23

that's human nature Tim. I have not owned shares for years as switched to CFDs mainly using OAAT method and of course intra day charts . With benefit of hindsight , I would have been better off with a portfolio as US markets went up and up to all time highs and UK was tugged along .

[tim 3] 16/10/2020 11:12

I knew it was a buy under £5, times like that you can pick up shares way below fair value.
Did I buy then....no to busy watching my portfolio crash lol!!

[arja] 16/10/2020 11:05

stock as markets have been so bullish for years .( smile )

[arja] 16/10/2020 11:04

you may be right rescuer and just looked at chart and JDW hit about 480 at lowest point earlier in year - so anything is possible . I closed out my short but I rarely short a st