Compass Group Plc

#France #Nasdaq We never suspected Man Utd player, Marcus Rashford, would end up helping Compass Group with their income levels. Amazingly, his personal initiative for school meals gave a knock on effect. A subsidiary of Compass Plc, their education catering arm called #Chartwells, provoked a bin fire on Twitter and some wider media. Multiple photographs were shared illustrating just what the company provide for 10 days with a budget of £30. Some reports suggested it was £30 for 5 days but regardless, it seems an amazing profit opportunity.

Rather a few folk opted to visit their local Spar or Tesco to discover the real cost of the ‘Chartwells Child Hamper’, most agreeing the full retail value would be just over a £5. It’s truly amazing the new profit opportunities which appear, thanks to Covid-19 and children apparently starving, due to parents not working. We’re not sure if the paper bags of uncooked pasta shells are simply designed to be sucked… Definitely something which can be described as a “nice little earner!”.

Hey, chart goes here

Compass Plc are a seriously large concern, operating in 45 countries and employing over 1/2 million people. Presently trading around 1,405p, Compass certainly does not require much work to break free of the hiatus of recent months and perhaps Mr Rashfords efforts to feed hungry children nationwide shall assist. Somehow, we suspect this affair shall prove an unforeseen consequence, proof of the saying; ‘no good deed shall go unpunished’.

Share price movement next exceeding 1,475p should prove capable of a price lift to an initial 1,626p. If exceeded, our longer term secondary calculates at 1,970p and visually should challenge the pre-Covid high from February of this year. Only with closure above 1,970p dare we express true longer term ambition as a distant looking 2,569p becomes possible.

As always, there’s a ‘However’ and it emanates from the Covid-19 drop in March. The share price managed to dance lower than we would expect, reaching a pitiful 865p. This has created the unpleasant situation where weakness anytime now below 1,325 risks reversal to an initial 1,086p with secondary, when broken, at a bottom of 800p and hopefully a realistic rebound

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:30:05PM BRENT 56.78 Success
10:31:39PM GOLD 1855
10:33:32PM FTSE 6765.37
10:47:17PM FRANCE 5655 5619 5610.5 5588 5642 5672 5692.5 5717 5635 ‘cess
10:49:06PM GERMANY 13921 ‘cess
10:51:03PM US500 3800.02 ‘cess
10:53:24PM DOW 31076 ‘cess
10:55:15PM NASDAQ 12896 12841 12752.5 12626 12962 12972 13024 13108 12861 ‘cess
10:56:51PM JAPAN 28157

12/01/2021 FTSE Closed at 6754 points. Change of -0.65%. Total value traded through LSE was: £ 5,476,413,320 a change of -2.69%
11/01/2021 FTSE Closed at 6798 points. Change of -1.09%. Total value traded through LSE was: £ 5,628,068,721 a change of -23.51%
8/01/2021 FTSE Closed at 6873 points. Change of 0.25%. Total value traded through LSE was: £ 7,358,043,641 a change of -0.17%
7/01/2021 FTSE Closed at 6856 points. Change of 0.22%. Total value traded through LSE was: £ 7,370,774,807 a change of -13.13%
6/01/2021 FTSE Closed at 6841 points. Change of 3.46%. Total value traded through LSE was: £ 8,484,604,926 a change of 72.21%
5/01/2021 FTSE Closed at 6612 points. Change of -100%. Total value traded through LSE was: £ 4,926,938,806 a change of 0%
4/01/2021 FTSE Closed at 6571 points. Change of 0%. Total value traded through LSE was: £ 6,387,934,113 a change of 0%

This post has already been read 265 times!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.