HUM - very strongHUM.L break out of descending triangle into a very positive pattern
No advice given
Potential resistance levels shown
Interesting to see the next few months
JET2 PLC ORD GBP 4H LSE AVIATION SECTORJET2 PERFORMING WELL OVERALL SINCE THE COVID CRASH, STRUGGLED TO BREAK PAST THE 3 YEAR RESISTANCE OF APPROX 1403 ON A NUMBER OF OCCASSIONS, RISING WEDGES TEND TO BREAK TO THE DOWNSIDE 68% OF THE TIME,
FUNDAMENTALS ARE BRILLIANT ON THIS ONE. NEW TRAINING CENTRE AND AIRCRAFTS PURCHASES.
Jet2 Plc Market Data
TIDM JET2
Ticker Code JET2.L
ISIN GB00B1722W11
Currency GBX
Issue Country GB
Sector Ticker NMX2770
Year End 31-Mar-2022
Shares in Issue 215m
Market Cap. £2,802m
Market Size 2,000
PE Ratio -8.878
Earnings -147.00
Dividend 3.00
Yield 0.230%
# of Trades 700
Vol Sold 219,018
Vol Bought 96,967
52 Week High 1,394.50
52 Week High Date 08-Mar-2023
52 Week Low 637.40
52 Week Low Date 13-Oct-2022
JET2 Fundamentals
Standard IFRS IFRS IFRS IFRS IFRS
Millions Millions Millions Millions Millions
Income Statement 30 Mar '22 31 Mar '21 30 Mar '21 31 Mar '20 30 Mar '20
Revenue 1,231.70 395.40 395.40 3,584.70 3,584.70
Operating Profit / Loss (323.90) (336.10) (336.10) 184.60 184.60
Net Interest (66.00) (34.60) (34.60) (37.60) (37.60)
Pre Tax Profit (388.80) (369.90) (369.90) 147.70 147.70
Post Tax Profit (315.40) (299.50) (299.50) 111.60 111.60
Profit for the Period (315.40) (271.20) (271.20) 116.00 116.00
Equity Holders of Parent Company (315.40) (271.20) (271.20) 116.00 116.00
Minority Interests n/a n/a n/a n/a n/a
Continuing EPS
Earnings per Share (Basic) (147.00p) (151.20p) (166.90p) 77.90p 77.90p
Earnings per Share (Diluted) (147.00p) (166.90p) (166.90p) 74.80p 74.80p
Earnings per Share (Adjusted) (147.00p) (166.90p) (166.90p) 75.00p 75.00p
Continuing and Discontinued EPS
Earnings per Share (Basic) (147.00p) (151.20p) (166.90p) 77.90p 77.90p
Earnings per Share (Diluted) (147.00p) (151.20p) (166.90p) 77.80p 77.80p
Earnings per Share (Adjusted) (147.00p) (151.20p) (166.90p) 77.90p 77.90p
Dividend per Share n/a n/a n/a 3.00p 3.00p
Millions Millions Millions Millions Millions
Balance Sheet 30 Mar '22 31 Mar '21 30 Mar '21 31 Mar '20 30 Mar '20
angus energy plc 1D LSE update on fundamentalsLSE:ANGS
Although price has been down last week, in general angs share price has been performing well, and the current drillings has been successfull. as we can see in the chart we are in a uptrend, rising wedge. i see a slow and steady rise this year. A good stock to sit back and let it work for you. JT LSE:ANGS
The calorific value fluctuates within a very narrow but very significant range,
From 01.10.2022 to the Present:
Min 40.33 on 07.10.2022 and Max 41.52 on 26/02/2023 and Mean 41.2170 so the gas quality is of a very good quality look at the Calorific Value Metrics since 03.04.2023 when the Drill for the sidetrack was successfully completed and a gas find confirmed,
During the clean up phase there fluctuations in Calorific Value closely resembled the clusters in early Q3 2022 i.e.Sept 2022 when the Saltfleetby gas supply from the first two wells was being cleaned and tested and consistent supply confirmed,
Now look at how the Calorific value has transitioned since 03.04.2023 and during the past week has steadied and moved closer and closer to the mean value, so normality in supply being restored have the kill fluids being with drawn form the gas supply,
Whilst the wells are distant the supply is being drawn from the same reservoir and because Gas is the least viscous state of matter there effects of working on one well would technically affect the Overall Calorific Value being drawn from the Gas Reservoir so either The Technical Expert at Angus Energy refutes my hypothesis or I believe in the teachings of my Chemistry & Physics masters at school regarding this subject matter,
Regarding Completion of the monthly Hedge it is simple at come stage during the Month of April 2023 there shall be an uplift in Gas being supplied to the grid which is being supplied to the National Grid,
The RNS of 03.04.2023 mentioned the supply was intended to be connected to the Grid during the Week of 07.04.2023 so I have used a simple weighted average calculation of number of days at approx 57,000 Therms and the Number of Days at 98,500 Therms
57,129.36 98,677.99 1.3636 *Current Co-efficient
15 15 30
856,940.40 1,480,170 2,337,110
The longer we go at approx 57,000 Therms the fewer days available at 98,677.99 and hence the lower the monthly mean supply hence there is approximately a financial cost of approximately GB£42,500 differential in supplying at the lower value and the higher per day ,
Hence I now strongly believe an official confirmation regarding connectivity it imminent and no doubt Shell are privy to the metrics during the clean up phase as they must be satisfied regarding purity of supply to the grid and that leads me to infer that Shell may be interested in Buying ANGUS Energy using the Gas and also using their expertise to optimalise the Storage Facilities before transitioning Saltfleetby to a Holding Facility for Carbon capture is is also being commented upon, source lse uk chat
Unbound Group PLC: M&A Target for WoolOvers/Marwyn at
www.tradingview.com
On 05 April 2023, Unbound Group PLC, UK listed online footwear seller, announced that they received an unconditional competing proposal from Marwyn Investment Management LLP ("Marwyn"), an acquisition vehicle, offering to provide a £10 million investment via an equity placing at an issue price of GBp 10.50 per Unbound share ("the Fundraise"). This represents a 29.31% premium to the closing price of GBp 8,12 on 04 April 2023, one trading day before the announcement. The fundraising offer matches the previous competing potential offer from WoolOvers Group Limited dated on 28 March 2023 and represents a 162.5% premium to the closing price of GBp 4.08 on 27 March 2023, one trading day before the beginning of the merger siege situation.
The current Merger Arbitrage spread is at 10.53% based on a closing price of GBp 9.5 on 14 April 2023, the last trading day before publishing this story.
Marwyn's offer intendeds to be a cornerstone to, but not conditional on, a wider equity placing. In addition, Marwyn has proposed that all existing shareholders should have an opportunity to participate in the offer. Marwyn's proposal is unconditional both as to diligence requirements and as to the quantum of additional capital contributed by existing Unbound shareholders but the proposal is subject to certain other terms and conditions, principally: 1) the granting by the Takeover Panel of a waiver of the obligation for Marwyn to make a general offer for the Company under Rule 9.0 of the City Code on Takeovers and Mergers ("the Code") which would otherwise be triggered by the Fundraise; and 2) the approval of Unbound's EGM of the resolutions necessary to implement the Fundraise.
Previously, on 28 March 2023, Unbound Group PLC, UK listed online footwear seller, announced that it is in discussions with WoolOvers Group Limited, a UK knitwear and footwear seller for the elderly, in relation to a cash offer for the entire issued and to be issued share capital of Unbound Group. The possible offer of GBp 10.50 per share represents a 162.5% premium to the closing price of GBp 4.08 on 27 March 2023, one trading day before the announcement. This values Unbound Group at £6.85 million.The possible offer is subject to certain pre-conditions, including due diligence, financing arrangements and unanimous recommendation by the board of Unbound Group PLC. There are various risks and uncertainties, including regulatory approvals, shareholder approvals, market conditions and other factors. According to an undisclosed source close to the situation the bidder will be seeking at least 90% acceptances from the existing shareholders.
WoolOvers now have until 25 April 2023 to either announce a firm intention to make an offer for Unbound in accordance with Rule 2.7 of the UK Takeover Code or announce that it does not intend to make an offer for Unbound.
However, unconfirmed takeovers have on average only a 30% chance of completing, according to an undisclosed source familiar with the UK takeover regime. Should the offer go through, it is expected to commence no later than 23 May 2023 and to become unconditional as to acceptances no later than by 24 July 2023 according to the same source.
#GENF #GenflowABCD harmonic pattern possibly in play, next move is a bearish move down to the C leg, at a price point where the 61.8 fib retracement around the 2p area. the next impulse move will be after the C leg part of the harmonic has formed and will see a zone around the 4p area, The 4p will be a tough one to crack so we should expect some resistance around that area. possible downside after the 4p gets tagged.
BATS... Time to buy the bottom of the Dip?!Here we see BATS on the daily, there are three factors indicating the price may have found a bottom...
1) The RSI has formed a divergence, the RSI MA has hit the oversold 30 bar (which is a rarity).
2) The MACD has had a crossover, albeit in the lower half.
3) the share price has hit a key level, in it being the major resistance level prior to the breakout in 2021.
Also, let us note that BATS has a "buy" rating, and price target of £35 to £41, and is currently yielding over 8%.
Obviously there might be something happening with the company behind the scenes, but I think that is unlikely as we can see insiders have been doing nothing but buying...
www.lse.co.uk
Therefore, if I had sold out, which I should have done at £36, I would more than be happy buying back in now. However I didn't sell any, as my average was only £28, so I will top up on this drop and more so if we are lucky to see £26 again.
Thanks!
Fresnillo: Easter Egg Hunt 🥚🐣🐰Has Fresnillo gotten lost, hunting for Easter eggs? We don’t think so! We rather understand the share to be swerving, interspersing its way with a little counter movement. Soon, the course should return to the main path and fall below both the supports at GBP 610 and GBP 456.60 to continue the descent. However, a 30% chance remains for Fresnillo to make a more extensive detour. In that case, the share would climb above the resistance at GBP 997 to develop wave alt.B in turquoise in the turquoise zone between GBP 1086.00 and GBP 1292.50 first before heading downwards again.
CENTRICA major turnaroundClosing the weekly gap could be a major triggering point for a major trend reversal while targeting a major resistance at 1.2£ area, at least.
For mainland Europe, Centrica might be an unfamiliar name. This energy giant, headquartered in the UK, on the back of climate change, undergoes a historical fundamental business model shift effort, while exiting energy exploration and production and trying to emerge as customers’ services and solutions company of the future.
Diageo plc (DGE.l) bullish scenario:The technical figure Triangle can be found in the daily chart in the UK company Diageo plc (DGE.l). Diageo plc is a British multinational alcoholic beverage company. It is a major distributor of Scotch whisky and other spirits. Distilleries owned by Diageo, produce 40% of all Scotch whisky with over 24 brands, such as Johnnie Walker, J&B and Vat 69. Its leading brands include Johnnie Walker, Guinness, Smirnoff, Baileys liqueur, Captain Morgan rum and Tanqueray and Gordon's gin. The Triangle broke through the resistance line on 23/03/2023. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 15 days towards 3 739.00 GBX. According to experts, your stop-loss order should be placed at 3 438.50 GBX if you decide to enter this position.
If you believe that markets are even vaguely efficient, then over the long term you'd expect a company's share price to follow its earnings per share (EPS) outcomes. That means EPS growth is considered a real positive by most successful long-term investors. Diageo managed to grow EPS by 7.3% per year, over three years. While that sort of growth rate isn't anything to write home about, it does show the business is growing.
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