What’s your big gamble? (Volume 2)
Discussion
vulture1 said:
I met my sister for coffee the other day. we got talking about shares and she mentioned she had been buying cloths from boohoo. I said I had shares in them but wondered if she felt i shouldnt due to their links to slave labour/ poor working conditions.
As she buys stuff from them she can hardly take the moral high ground if you buy shares in them...vulture1 said:
on a sample size of 1 but I met my sister for coffee the other day. we got talking about shares and she mentioned she had been buying cloths from boohoo. I said I had shares in them but wondered if she felt i shouldnt due to their links to slave labour/ poor working conditions.
Interestingly she hadnt heard anything about it and she is a pretty morally centred person. She is 33 as well I considered her above the age of their target customer.
Online cloths sales should do well the only issue is those young that buy them might not have their bar or restaurant job to fund them.
Exactly. News is full of COVID. I reckon sales wise they will still do very well only people looking for news on BOOHOO will find it. Interestingly she hadnt heard anything about it and she is a pretty morally centred person. She is 33 as well I considered her above the age of their target customer.
Online cloths sales should do well the only issue is those young that buy them might not have their bar or restaurant job to fund them.
Simpo Two said:
vulture1 said:
I met my sister for coffee the other day. we got talking about shares and she mentioned she had been buying cloths from boohoo. I said I had shares in them but wondered if she felt i shouldnt due to their links to slave labour/ poor working conditions.
As she buys stuff from them she can hardly take the moral high ground if you buy shares in them...However it does show how we all have certain levels of morals until something effects us personally.
Informing her of the shares I had in dodgy african gold mines did not go down well though,
Don’t think the rumoured 4 week lockdown will have anything like the same impact as the first one.
Of course it won’t be good for airlines, cinemas (are any open?), bars and restaurants, probably oil etc but it’s a finite time and there was not too much activity going on anyway.
Plus lots of shares back down to March levels already!
Of course it won’t be good for airlines, cinemas (are any open?), bars and restaurants, probably oil etc but it’s a finite time and there was not too much activity going on anyway.
Plus lots of shares back down to March levels already!
Edited by Adam B on Saturday 31st October 18:50
Adam B said:
Don’t think the rumoured 4 week lockdown will have anything like the same impact as the first one.
Of course it won’t be good for airlines, cinemas (are any open?), bars and restaurants, probably oil etc but it’s a finite time and there was not too much activity going on anyway.
Plus lots of shares back down to March levels already!
Exactly the big drops have happened already. Will be some retraction but I suspect the US election will have a bigger effect.Of course it won’t be good for airlines, cinemas (are any open?), bars and restaurants, probably oil etc but it’s a finite time and there was not too much activity going on anyway.
Plus lots of shares back down to March levels already!
Edited by Adam B on Saturday 31st October 18:50
g4ry13 said:
Weekend FTSE100 market is just under 5500. No idea how representative that actually is when markets start opening up.
Futures indicate strong buy - hmmmhttps://liveindex.org/ftse-futures/
dingg said:
petemurphy said:
Monday will be fun if he announces lockdown today!
Sounds like a guaranteed certainty. Hokey cokey government got more u turns than a scalextric track.
And all it achieves is a delay in the inevitable.
Catastrophic for much of smaller businesses who may never recover in their lifetime. Many closing or going to the wall.
Loads of people dying due to other illnesses being ignored or people not getting the medical attention they deserve. Yes CV19 can be a killer but so can cancer, heart disease, etc. How many people die of "flu" every winter? around 11000 in 2018/9 and around 13000 in 2017/8.
Lot of people suffering undue stress, at a time when mental health is being highlighted as a major problem and a contributor to other illnesses.
It's time to open up not lock down. Those who are "vulnerable" should maybe take care, avoid crowds, isolate. Sad but these people are going to be doing this anyway, meanwhile everyone else can move on in a new subdued kind of normal. And before I'm criticised I am in a group who be classified as vulnerable, not so much as others maybe but vulnerable still.
Adam B said:
Don’t think the rumoured 4 week lockdown will have anything like the same impact as the first one.
Of course it won’t be good for airlines, cinemas (are any open?), bars and restaurants, probably oil etc but it’s a finite time and there was not too much activity going on anyway.
Plus lots of shares back down to March levels already!
I reckon could be some rises actually with furlough scheme being extended. Markets already at March/lockdown 1 level. Of course it won’t be good for airlines, cinemas (are any open?), bars and restaurants, probably oil etc but it’s a finite time and there was not too much activity going on anyway.
Plus lots of shares back down to March levels already!
Edited by Adam B on Saturday 31st October 18:50
US going to have an impact. Might have a rally from mid Nov to end of the year.
Adam B said:
g4ry13 said:
Weekend FTSE100 market is just under 5500. No idea how representative that actually is when markets start opening up.
Futures indicate strong buy - hmmmhttps://liveindex.org/ftse-futures/
Skyedriver said:
It's time to open up not lock down
You're right in that it will only delay the inevitable (unless a vaccine is found) BUT it will stop the hospitals overloading. IIRC they will be crammed in another fortnight, and then unable to cope with all the normal stuff. Edited by Simpo Two on Saturday 31st October 19:44
Skyedriver said:
It's time to open up not lock down. Those who are "vulnerable" should maybe take care, avoid crowds, isolate. Sad but these people are going to be doing this anyway, meanwhile everyone else can move on in a new subdued kind of normal. And before I'm criticised I am in a group who be classified as vulnerable, not so much as others maybe but vulnerable still.
I am starting to think the same. Isolate the elderly, however tough that may be. Everyone else cracks on, with masks and distancing rules, keep the table rules at bars and restaurants.But no one will have the political courage to do that as it could cause another say 10k deaths and people aren’t measuring the lives that could be saved from other illnesses, unemployment, depression, suicide etc
Anyway probably a discussion for the NPE forum
Edited by Adam B on Saturday 31st October 19:53
Adam B said:
g4ry13 said:
Weekend FTSE100 market is just under 5500. No idea how representative that actually is when markets start opening up.
Futures indicate strong buy - hmmmhttps://liveindex.org/ftse-futures/
Skyedriver said:
It's time to open up not lock down. Those who are "vulnerable" should maybe take care, avoid crowds, isolate. Sad but these people are going to be doing this anyway, meanwhile everyone else can move on in a new subdued kind of normal. And before I'm criticised I am in a group who be classified as vulnerable, not so much as others maybe but vulnerable still.
100% bang on but Boris doesn't have the balls to do what's needed, he's proven himself to be an oaf. Karmer and Labour isn't an option at the moment
I thought USA was f
ked we're in an equally ste position.... anyone access to the times?
re AA
An aggressive US hedge fund could seek to join a takeover of the AA, the beleaguered car breakdown service.
Davidson Kempner, which has a 15% stake in the AA, is understood to have hired the investment bank Moelis to advise on options as talks drag on between the debt-laden company and two private equity suitors, Warburg Pincus and TowerBrook.
dont have access to the rest but will buy the paper later. sounds good - is that a takeover competitor or some nasty fund that will want it for a sp of 2p?
re AA
An aggressive US hedge fund could seek to join a takeover of the AA, the beleaguered car breakdown service.
Davidson Kempner, which has a 15% stake in the AA, is understood to have hired the investment bank Moelis to advise on options as talks drag on between the debt-laden company and two private equity suitors, Warburg Pincus and TowerBrook.
dont have access to the rest but will buy the paper later. sounds good - is that a takeover competitor or some nasty fund that will want it for a sp of 2p?
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