Currently trading at £1.47. Was souring at £4+ last year.
I know they bought out the 99p stores a while back, which hit their profit margins, but surely this is an over reaction from the market...worth a cheeky punt??
Oh - this is nothing to do with football, sorry.
Poundland
posted on 22/1/16
comment by Lefty (U17934)
posted 11 minutes ago
Toor - I would not expect such a decrease in such a short amount of time.
p.s. Shares do not go down at the end of the month. Otherwise, people would just buy them, and sell them a week later.
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Depends if they've dividends to pay out but then surely prices would go up?
posted on 22/1/16
Comment Deleted by Site Moderator
posted on 22/1/16
comment by There'sOnlyOneReds (U1721)
posted 9 minutes ago
comment by Lefty (U17934)
posted 11 minutes ago
Toor - I would not expect such a decrease in such a short amount of time.
p.s. Shares do not go down at the end of the month. Otherwise, people would just buy them, and sell them a week later.
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Depends if they've dividends to pay out but then surely prices would go up?
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Dividends will be factored in. Ie if you hold a stock ex div which is worth $30 and you're due a $2 dividend. You will receive $2 and theoretically the price should go to $28.
posted on 22/1/16
the world stock market lost £58 billion the other day, thats probably why
posted on 22/1/16
Stretty - good time to buy?
posted on 22/1/16
god knows. i heard it on the radio. not my wheel house at all.
something to do with oil, if that recovers then year, everything will go back up, which i would imagine it will.
posted on 22/1/16
I don't think Oil will recover for some time yet. Saudi are pumping for fun, which is hammerring Russia's economy.
Add to that, the sanctions against Iran have been lifted, so that is adds more oil added to the market.
Whats peeing me off is the price of Oil has decreased over 50%...why am I not seeing similar decrease at the petrol pump?
posted on 22/1/16
comment by Lefty (U17934)
posted 7 minutes ago
I don't think Oil will recover for some time yet. Saudi are pumping for fun, which is hammerring Russia's economy.
Add to that, the sanctions against Iran have been lifted, so that is adds more oil added to the market.
Whats peeing me off is the price of Oil has decreased over 50%...why am I not seeing similar decrease at the petrol pump?
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About 70% of the price you pay at the pump is tax that's why you don't see it tumbling in price.
posted on 22/1/16
comment by What's the point (U20838)
posted 15 minutes ago
comment by Lefty (U17934)
posted 7 minutes ago
I don't think Oil will recover for some time yet. Saudi are pumping for fun, which is hammerring Russia's economy.
Add to that, the sanctions against Iran have been lifted, so that is adds more oil added to the market.
Whats peeing me off is the price of Oil has decreased over 50%...why am I not seeing similar decrease at the petrol pump?
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About 70% of the price you pay at the pump is tax that's why you don't see it tumbling in price.
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^^^ This!
posted on 22/1/16
comment by What's the point (U20838)
posted 31 minutes ago
comment by Lefty (U17934)
posted 7 minutes ago
I don't think Oil will recover for some time yet. Saudi are pumping for fun, which is hammerring Russia's economy.
Add to that, the sanctions against Iran have been lifted, so that is adds more oil added to the market.
Whats peeing me off is the price of Oil has decreased over 50%...why am I not seeing similar decrease at the petrol pump?
----------------------------------------------------------------------
About 70% of the price you pay at the pump is tax that's why you don't see it tumbling in price.
----------------------------------------------------------------------