Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
https://www.darkhorizons.com/regal-releases-upbeat-video-about-re-opening/
Looks like the re-opening is all set to go ahead on 21st August. Only 15 days left. Once we get closer to this the sp will explode. Whats even better is the huge short put on the share will eventually be need to closed by the shorters buying millions of shares which will lead to further upward presure. It has been a roller coaster ride over the last 2 months but the end is at sight. US covid cases were around the 70k daily mark about a week ago and are now around the 50k mark. in 15 days this could and should drop below 30k.
Yes. That's the key fact I think. The US covid cases are now coming down quite nicely from the peak.
Sum
Link for video ?
Think it's this one he is referring to bud.
https://www.youtube.com/watch?v=SAKXGWUAJIs
https://www.darkhorizons.com/regal-releases-upbeat-video-about-re-opening/
Halfway down the page
Thanks Guys
Yes US reopening is the key. California and New York are the key states which need to open.
US open is 2wks, no idea what the price will be then. It'll have to be special. This'll drag out now.
Happily New York has looked good to reopen for a while and California seems to be getting better everyday. The 7 day moving average for new cases in California is now at 6,698 as of yesterday. It was at 10,261 when it peaked on July 25th, so that is a significant reduction over the past two weeks.
Its a bit of an oxymoron saying opening the states will benefit, surely if more states open then the virus has a better chance to spread, this along with schools re-opening this month will only exacerbate the situation! I'm not sure why people do not understand that when countries started to reopen the virus spreads again? Its been mentioned a few times that manybe this is the best route but dont think the rates of infection will drop if things do reopen, that along with flu season is cat amon the pigeon scenario so pleae be careful in your investing decisions!
Saying that, when the US gov finaly sort out the next stim package it could see a major final boost to the markets before an eventual pull back over the winter!
All imo :)
Depends whether opening cinemas has a significant effect on the R rate or not. From what I gather, cinemas are actually considered to be much safer than some other businesses that are already open. I'm thinking about gyms, pubs and bars etc. The bottom line is reopening of businesses has to start happening otherwise it really will be an economic disaster. At what point does the loss of life resulting from economic damage become greater than the loss of life from the virus.
Spoon_key at some point we have to lose the fear of cases...ultimately when it comes to deaths the average age of death from covid is quoted at between 78 and 81, this is basically normal life expectancy age. Unless we have randomly decided that it's unacceptable for someone to die of this but okay for them to die of other things then I'm not sure what we're waiting for...covid 19 isn't more special or aberrant than all the other infectious dieseases that have killed elder and vulnerable people since the dawn of time.