6 replies to this topic

[Investment novice]

Brexit fears overdone- could a case not be made for complete anhilation of the EU and the big 4 economies standing whilst the debt laden smaller ones shrivelling....think about the growth opportunity, property purchase opportunity- trade relationships will be reconfigured but not relinquashed. brexit is as good as a war or plague- creating disruption for growth and reinvestment. anxiety is over done. time to buy good valued shares- UK property and sterling. Now is the time to get into the market for a bull run- china seems more stable....

 

[bizzb]

With CCO, is it not justified? Their properties are in England, as far as I know.
Markets had priced in a remain. Such drops must then be expected and welcomed. CCO may yet drop further, I fear. So too should Brait (companies with a fair to large exposure in the UK)

Markets certainly did not price in a remain fully.. If you look at a chart of the price since the announcement of a referendum, the pre-vote price was still significantly down. It may indeed drop further, especially since there's much uncertainty regarding the way forward post the brexit. There's a lot of speculation regarding all this, and many of the pro brexit voters have indicated they regret their decision and demand a re-vote... Further supported by the weather conditions on voting day. I think it's all too uncertain to make a call which way this share will move in the short term.. But from a longer term perspective, this is definitely a buying opportunity.

[Sugafoot]

With CCO, is it not justified? Their properties are in England, as far as I know.<br />Markets had priced in a remain. Such drops must then be expected and welcomed. CCO may yet drop further, I fear. So too should Brait (companies with a fair to large exposure in the UK)

[grr]

Yes seen the wescoal sp dropping today but it has been since their last earnings announcement. Makes no sense why it has been dropping so jumping in now may be a brexit only play. Other than that it would be pure gambling for me.<br /><br />

[Sugafoot]

Wescoal back at 155... Good opportunity there

[TheConflict]

BUY BUY BUY

[Slickjoe]

With the market madness - clearly an over reaction?

CCO - down 20%?