A.G BARR LSE:BAG #NK225 #US500 Some aspects of living in Scotland can be a surprise. A fairly major one came from AG BARR and their effort to reduce the sugar content in #IrnBru. An even bigger shock was the spider which scuttled out from a walking boot tonight…
Living in the country brings a tendency become blasé about insect life fairly fast. But the thing which scuttled out the boot, running through the kitchen, and finally across the lounge was to cause utter chaos tonight, throwing a bit of a spanner in the collective effort to complete share analysis at a reasonable time. The spider was seen by both dogs, one of which gave chase. Unfortunately it was also witnessed by Mrs T&T who enjoys an irrational phobia about spiders.
Or in plain English, tonight’s report is being produced following a session moving ALL lounge furniture, dogs baskets, cat paraphernalia, and of course the pinnacle of a wrecked evening, taking ALL firewood from the lounge outside and piling it up. Thankfully the woodburning stove is too heavy for easy removal or it would be in the garden also. Unless one of the dogs or cats has successfully fought this monster arachnid, it remains hiding somewhere, doubtless recharging its iPhone.
The story highlights the Scots ability to sometimes over-react and the news about Barr’s Irn Bru sugar reduction was to provoke stories of stock piling, expectations of a collapse in the share price, product boycotts, the usual contrived rubbish. We say contrived as the move ensured the company name remained in the headlines for a protracted period and to judge by their share price, the companies product continues to outsell Coke north of the border.
Last time we viewed the share, we’d expressed a suspicion the price intended reach 722p and it’s certainly within sniffing distance at present. As a result, price recovery continuing to grow beyond 722p now has a reasonable expectation of 744p making a guest appearance. If bettered, we’re able to calculate 867p as providing a viable ambition for the longer term.
In terms of deciding where to panic, the share price would need trade below 600p to justify serious concerns. For now though, we quite like it.
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
|
9:52:15PM |
BRENT |
77.78 |
‘cess |
|||||||||
9:56:15PM |
GOLD |
1191.59 |
‘cess |
|||||||||
10:00:02PM |
FTSE |
7459.67 |
||||||||||
10:07:08PM |
FRANCE |
5350.7 |
Success |
|||||||||
10:09:40PM |
GERMANY |
12229 |
Success |
|||||||||
10:12:39PM |
US500 |
2898.77 |
2884 |
2878.5 |
2866 |
2893 |
2904 |
2912 |
2916 |
2890 |
Success |
|
10:33:14PM |
DOW |
25972 |
‘cess |
|||||||||
10:35:47PM |
NASDAQ |
7637.42 |
Success |
|||||||||
10:38:09PM |
JAPAN |
22710 |
22589 |
22422.5 |
22185 |
22736 |
22788 |
22811 |
22885 |
22628 |
‘cess |
4/09/2018 FTSE Closed at 7457 points. Change of -0.63%. Total value traded through LSE was: £ 7,256,128,960 a change of 28.36%
3/09/2018 FTSE Closed at 7504 points. Change of 0.97%. Total value traded through LSE was: £ 5,653,084,205 a change of -41.31%
31/08/2018 FTSE Closed at 7432 points. Change of -1.12%. Total value traded through LSE was: £ 9,632,198,145 a change of 50.9%
30/08/2018 FTSE Closed at 7516 points. Change of -0.62%. Total value traded through LSE was: £ 6,383,041,209 a change of -4.59%
29/08/2018 FTSE Closed at 7563 points. Change of -0.71%. Total value traded through LSE was: £ 6,689,862,229 a change of -11.15%
28/08/2018 FTSE Closed at 7617 points. Change of 0.53%. Total value traded through LSE was: £ 7,529,661,342 a change of 30.8%
24/08/2018 FTSE Closed at 7577 points. Change of -100%. Total value traded through LSE was: £ 5,756,795,130 a change of 0%
This post has already been read 664 times!
One Reply to “Trends and Targets for 5/09/2018”