{"id":1030,"date":"2019-06-24T22:45:52","date_gmt":"2019-06-24T21:45:52","guid":{"rendered":"http:\/\/www.trendsandtargets.com\/?p=1030"},"modified":"2019-06-25T09:19:03","modified_gmt":"2019-06-25T08:19:03","slug":"kingfisher-for-25-06-2019","status":"publish","type":"post","link":"http:\/\/www.trendsandtargets.com\/index.php\/2019\/06\/24\/kingfisher-for-25-06-2019\/","title":{"rendered":"Kingfisher for 25\/06\/2019"},"content":{"rendered":"\n

#Gold #SP500 <\/strong>A \nbloke at B&Q (owned by Kingfisher) provided part of the reason many folk in the \nUK voted for Brexit. Buying a replacement WC turned into a headache with the \ndiscovery EU Regulations apparently intrude in the toilet. Modern loos, such as \nsold in B&Q and every other bathroom showroom I was dragged around, don’t flush \nproperly. Everyone knows but no-one has addressed the issue.<\/p>\n\n\n\n

The problem, apparently, came from Brussels and a \ndemand we embrace “water saving”, enforced with a 4 litre or 6 litre flush. It \nwould be difficult to find a plumber who approves of these modern designs and a \nneed to flush the things 2 or 3 times. Thanks to Google, it was quickly \nestablished our existing loo had a 13 litre flush and we’d be daft replacing it. \nThe bloke at B&Q was convinced dodgy toilets formed a convincing reason for \npeople voting to leave!  It can be safely assumed I did not go into last \nweekend with the expectation of learning about toilet flushes. It is even the \ncase regulations only apparently effect new installations, whereas the bulk of \nsales will be for folk upgrading existing installations of bathroom furniture.<\/p>\n\n\n\n

Surely, the Daily Mail must embrace a headline about \n“Brussels and A Busted Flush!”<\/p>\n\n\n\n

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We’re not entirely convinced B&Q’s choice of stocking \nEU Approved WC’s is entirely the reason for their falling share price, despite \nthe company not stocking a single WC which matches UK slightly less restrictive \nregulations. For now, it appears our downstairs loo is fated to remain with its \npeculiar square seat design, thanks to a company called Shires with a sense of \ndesign humour. <\/p>\n\n\n\n

It appears weakness now below 201p on Kingfisher shares \nshould flush the price down to 184p next, a point at which we’d expect some sort \nof rebound. But take extreme care, should 184p break as it could easily drain \ndown to 166p next. Worse, from a Big Picture perspective, the share price is \nalready trading in a region where negative news could drip the value down to a \nbottom, hopefully, at 142p in a blink.<\/p>\n\n\n\n

For any near term bounce to prove viable, the share \nprice requires exceed 222p to enter a cycle toward an initial 235p. If exceeded, \nwe’ll be suitably convinced bottom is “in” (for now) and hope, if 235p bettered, \nour calculation of secondary at 249p shall prove valid.<\/p>\n\n\n\n

Finally, apparently there is a vibrant market for 2nd \nhand toilets with “proper” flush capability, though it does not come close to \nmatching cross border illicit trade between USA (regulated toilets) and Canada \n(unregulated toilets)…<\/p>\n\n\n\n

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Time Issued<\/font><\/TD>

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Market<\/font><\/TD>

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Price At Issue<\/font><\/TD>

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Fast Exit<\/font><\/TD>

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Slow Exit<\/font><\/TD>

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Stop<\/font><\/TD>

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Prior<\/font><\/TD> <\/TR>\nFUTURES<\/font><\/a>

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9:46:44PM<\/font><\/TD>

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BRENT<\/font><\/TD>

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64.23<\/font><\/TD>

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‘cess<\/font><\/TD> <\/TR>\n

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9:50:20PM<\/font><\/TD>

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GOLD<\/font><\/TD>

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1418.61<\/font><\/TD>

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1400<\/font><\/TD>

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1395<\/font><\/TD>

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1386<\/font><\/TD>

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1412<\/font><\/TD>

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1422<\/font><\/TD>

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1430<\/font><\/TD>

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1438<\/font><\/TD>

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1411<\/font><\/TD>

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‘cess<\/font><\/TD> <\/TR>\n

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10:03:45PM<\/font><\/TD>

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FTSE<\/font><\/TD>

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7406<\/font><\/TD>

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10:07:11PM<\/font><\/TD>

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FRANCE<\/font><\/TD>

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5509.5<\/font><\/TD>

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10:09:06PM<\/font><\/TD>

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GERMANY<\/font><\/TD>

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12257<\/font><\/TD>

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10:10:59PM<\/font><\/TD>

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US500<\/font><\/TD>

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2947.02<\/font><\/TD>

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2943<\/font><\/TD>

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2935.5<\/font><\/TD>

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2926<\/font><\/TD>

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2956<\/font><\/TD>

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2956<\/font><\/TD>

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2959.5<\/font><\/TD>

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2965<\/font><\/TD>

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2945<\/font><\/TD>

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10:13:06PM<\/font><\/TD>

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DOW<\/font><\/TD>

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26747.5<\/font><\/TD>

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10:16:33PM<\/font><\/TD>

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NASDAQ<\/font><\/TD>

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7729.62<\/font><\/TD>

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10:18:36PM<\/font><\/TD>

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JAPAN<\/font><\/TD>

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21201<\/font><\/TD>

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24\/06\/2019 FTSE Closed at 7416 points. Change of 0.12%. Total value traded through LSE was: \u00a3 5,145,390,114 a change of -65.74%<\/h>\n","protected":false},"excerpt":{"rendered":"

#Gold #SP500 A bloke at B&Q (owned by Kingfisher) provided part of the reason many folk in the UK voted for Brexit. Buying a replacement WC turned into a headache with the discovery EU Regulations apparently intrude in the toilet. Modern loos, such as sold in B&Q and every other bathroom showroom I was dragged … <\/p>\n

Continue reading “Kingfisher for 25\/06\/2019”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1030","post","type-post","status-publish","format-standard","hentry","category-trendsandtargets"],"_links":{"self":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/comments?post=1030"}],"version-history":[{"count":1,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1030\/revisions"}],"predecessor-version":[{"id":1031,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/posts\/1030\/revisions\/1031"}],"wp:attachment":[{"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/media?parent=1030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/categories?post=1030"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.trendsandtargets.com\/index.php\/wp-json\/wp\/v2\/tags?post=1030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}