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Realistbear

What's Going To Happen On Monday? Another Sell Off?

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What is in store for the FTSE Monday? Anotherf sell-off to catch up with a bad Friday on Wall Street? Not much news other than Iran's dismissal of the Western "peace proposal" to end nuke proliferation and Al Qaeda behaving like a scalded cat after one of their excecutioners gets greased.

Cast you vote on Yahoo:

http://finance.yahoo.com/

(mid right of screen).

Today's Poll

Q.What currently looks most attractive to you?

U.S. stocks

Foreign stocks

Cash

Commodities

Bonds

(You'll also see how other users have answered.)

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I will be buying Cadbury on Monday, a nice defensive stock with a decent dividend and low p/e.

I'd be obliged if you could all rush out and buy DairyMilk.

speaking of Cadbury

U.K. confectionery giant Cadbury Trebor Bassett has taken a hit in its profits after information technology problems caused too many chocolate bars to be produced.

Cadbury was left with a glut of chocolate products at the start of the year, after the installation of a new SAP-based enterprise resource planning (ERP) system led to an excess of chocolate bars building up at the end of 2005.

IT glitch results in Cadbury chocolate glut

http://news.com.com/IT+glitch+results+in+C..._3-6081486.html

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I will be buying Cadbury on Monday, a nice defensive stock with a decent dividend and low p/e.

Current Cadbury Schweppes dividend is 2.56%. There's better out there if dividend yield is what you want.

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U.S. stocks 24%

Foreign stocks 19%

Cash 40%

Commodities 9%

Bonds 10%

50290 Votes to date

Might indicate more sell off next week-- gold does not look too popular?

50k votes seems like a good representative sample.

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My guess the 100 will open down, but not really go far.

I don't think there is much UK business news due in the early part of the week.

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Guest wrongmove

So far this week: Nikkei up about 80pts, India down 2.5% and gold off by about $2

Edited by wrongmove

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50k votes seems like a good representative sample. [Realistbear]

The size of the sample does not tell us how representative it is. A sample size of 10 may produce more accurate statistics if the sample was more representative of the population (by, for example, being selected at random).

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50k votes seems like a good representative sample. [Realistbear]

The size of the sample does not tell us how representative it is. A sample size of 10 may produce more accurate statistics if the sample was more representative of the population (by, for example, being selected at random).

IT probably represent a slightly more educated and younger group as its on Yahoo. Its also going to represent mostly US views as its Yahoo USA.

It does look like the markets are going down today:

FTSE 100 (FSI:^FTSE)

Index Value: 5,626.60

Trade Time: 11:56AM

Change: 28.60 (0.51%)

Prev Close: 5,655.20

Open: 5,655.20

Day's Range: 5,618.20 - 5,666.30

52wk Range: 5,013.40 - 6,137.10

As before, EU much worse with almost 100% red ink:

^ATX ATX (Austria) 3,458.17 11:58 -37.74 (-1.08%)

^BFX BEL-20 (Belgium) 3,527.36 11:58 -19.82 (-0.56%)

^OMXC20C OMX Copenhagen 20 (Denmark) 362.57 11:58 -2.84 (-0.78%)

^FCHI CAC 40 (France) 4,734.78 11:58 -33.40 (-0.70%)

^GDAXI DAX (Germany) 5,408.52 11:43 -55.56 (-1.02%)

^SPMIB S&P Mib (Italy) 35,609.00 11:58 -217.00 (-0.6057%)

^IETP ISEQ20 (Ireland) 1,144.48 11:58 -11.34 (-0.98%)

^AEX AEX (Netherlands) 423.42 11:58 -3.05 (-0.72%)

^OSEAX Total Share (Norway) 408.68 11:42 -7.36 (-1.77%)

^PSI20 PSI 20 (Portugal) 9,457.37 11:58 -41.22 (-0.43%)

^SMSI Madrid General (Spain) 1,206.08 9 Jun 13.72 (1.15%)

^OMXSPI OMX Stockholm 30 (Sweden) 292.89 11:43 -3.56 (-1.20%)

^SSMI Swiss Market (Switzerland) 7,367.09 11:58 -67.48 (-0.91%)

^FTSE FTSE 100 (United Kingdom) 5,626.10 11:57 -29.10 (-0.51%).

DOW/NSDQ futures looking negative:

06:37 am : S&P futures vs fair value: -1.8. Nasdaq futures vs fair value: -4.0.

Edited by Realistbear

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I will be buying Cadbury on Monday, a nice defensive stock with a decent dividend and low p/e.

W Buffett - "If past history (ie P/e ratios) was all there was to the game, the richest people would be librarians."

That over-production nonsense sounds like spin for sales dropping to me.

And with a hot summer likely choclate sales could decline.

......That said, I'm eating a Cadburys Fudge bar as I type.....mmmmmm Fuuuuudge....

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W Buffett - "If past history (ie P/e ratios) was all there was to the game, the richest people would be librarians."

Warren Buffet may well have been referring to earnings in the quote you cite but he certainly wasn't referring to the PE ratio.

PER is a forward looking indicator, not historical. An above average PER means that the market expects future earnings to increase relative to current earnings. Conversely a below average PER signals that the market expects future earnings to decrease relative to current earnings.

CBRY closed today with a PE ratio of 13.62 - broadly neutral.

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Utilities are usually a safe (if boring) bet IMO.

Water companies are worth a look.

I have shares in Northumbrian and though the share price has done sod all for the last year they have just raised their dividend by some margin...I believe it is over 4% now...which if wrapped in an shares ISA is better than any savings account...and thats before the capital growth....surely with the water shortage and increased profits these companies stock will rise?

(Mind you, I bought BHP 2 days too early so what do I know!)

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Guest wrongmove

PER is a forward looking indicator, not historical. An above average PER means that the market expects future earnings to increase relative to current earnings. Conversely a below average PER signals that the market expects future earnings to decrease relative to current earnings.

As I understood it, there are both forward PERs (a broker's guess about what will happen) and historic PERs (actual facts about what has happened). You need to know which you are looking at.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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