stock market crash

[escapeUK]

I think we can all make some huge money here if we buy or sell the right thing at the right time and then buy or sell that thing at the right time later on.

The only bits I'm vague on are.

What to buy or what to sell
When to buy and when to sell

HTH BIDI

Right, well its not the time to buy yet, and the time to sell was 2 weeks ago. hth.

Things you need regardless, food, cigs, electricity. Slightly up today.

Things you dont need in a pandemic: Flights, mortgages, oil, housing, advertising, and apparently Capita down 31%! lol

[scooterscot]

I think we can all make some huge money here if we buy or sell the right thing at the right time and then buy or sell that thing at the right time later on.

The only bits I'm vague on are.

What to buy or what to sell
When to buy and when to sell

HTH BIDI

Seriously, you wanna bet? Here it is... Etheruem 3 x bull on Binance. Ether easily goes back to $200-250 range. A $10k bet on the leveraged token below becomes $800k when Ether returns to $250

I'm about $xxk in so far!

3X Long Ethereum Token (ETHBULL) price, charts, market cap, and other metrics | CoinMarketCap

[jamesbrown]

I think we can all make some huge money here if we buy or sell the right thing at the right time and then buy or sell that thing at the right time later on.

The only bits I'm vague on are.

What to buy or what to sell
When to buy and when to sell

HTH BIDI

What: buy guns
When: start of the zombie apocalypse

[Andy2]

What: buy guns
When: start of the zombie apocalypse

Time to buy guns is NOW
Residents in Los Angeles seen queuing outside weapons store as they flock to buy guns amid coronavirus lockdown | London Evening Standard

[eek]

Time to buy guns is NOW
Residents in Los Angeles seen queuing outside weapons store as they flock to buy guns amid coronavirus lockdown | London Evening Standard

[wattaj]

...and apparently Capita down 31%! lol

Capita are down almost 80% over the least two weeks.

[DimPrawn]

I'm making a fortune shorting Saga Plc and buying Dignity plc...

[scooterscot]

Capita are down almost 80% over the least two weeks.

Holly crap, £175 to £26 in two weeks.... that's gonna hurt. Wonder what their debt position is like....

[VirtualMonkey]

Better than the profit situation according to the earnings report shown on that screen

[scooterscot]

Capita are idiots. How the @£$£ have they so much debt?! Two weeks ago they could have paid off that debt, now that debt is a razor blade covered noose.

Could they be doing a Flybe soon? If you're employed through them I'd make sure that last timesheet gets turned to cash el pronto.


These 4 Measures Indicate That Capita (LON:CPI) Is Using Debt In A Risky Way – Simply Wall St News

What Is Capita’s Net Debt?
You can click the graphic below for the historical numbers, but it shows that as of June 2019 Capita had UK£1.46b of debt, an increase on UK£1.8k, over one year. However, it does have UK£765.8m in cash offsetting this, leading to net debt of about UK£691.8m.

To be frank both Capita’s conversion of EBIT to free cash flow and its track record of (not) growing its EBIT make us rather uncomfortable with its debt levels. But at least its net debt to EBITDA is not so bad. Taking into account all the aforementioned factors, it looks like Capita has too much debt. That sort of riskiness is ok for some, but it certainly doesn’t float our boat.