Forums
Welcome to Live View – Take the tour to learn more
Start Tour
There is currently 1 person viewing this thread.
pleasedontgetinjuredclanroyal
22 Mar 20 17:10
Joined:
Date Joined: 25 Mar 04
| Topic/replies: 563 | Blogger: pleasedontgetinjuredclanroyal's blog
will the profits they are making at the moment outweigh the money they will be making when we are in shutdown ?
Pause Switch to Standard View shares in supermarkets
Show More
Loading...
Report pleasedontgetinjuredclanroyal March 22, 2020 4:19 PM GMT
sorry that should read will the profits they are making at the moment make up for the money they wont be making when we are in shutdown ?
Report Angoose March 22, 2020 4:26 PM GMT
Question that requires to be asked is will they sell more goods in the next six months than they otherwise would have.
If so, why will this be ?

For supermarkets to sell more food items, you will require for some of the following conditions to be at play:

1 - Significant increase in food waste due to over buying of perishable items
2 - Food requirement that would previously have been satisfied by other outlets now being satisfied by supermarkets
3 - Mass increase in obesity

You then require to consider the impact on non food sales from supermarkets.
Whilst people are worried about their future employment prospects, you'd expect non food sales to decrease.
Report moisok March 22, 2020 4:34 PM GMT
I will do my best to help  but how many cases of bags of rice can one get under the bed - if it gets wet from any bedroom  'activities'   it will swell up to amazing proportions - as happened to Midshipman Hornblower
Report unitedbiscuits March 22, 2020 4:45 PM GMT
Buy Asda - hence Walmart - but wait until Tuesday. Monday is going to be a bad day, and price will drop from current $114.
Report pleasedontgetinjuredclanroyal March 22, 2020 4:54 PM GMT
thankyou biscuits...am expecting bookie shares to take another battering tomorrow....stock market had closed before they announced shops were

closing after boris's announcement on friday.
Report Coachbuster March 22, 2020 4:56 PM GMT
why can't we bet on shares on here ?
Report Just Checking March 22, 2020 4:59 PM GMT
I think there is a place where you can bet on shares?

Yes, financial spread betting it's called. I remember considering it bloody years ago then didn't bother.
Report unitedbiscuits March 22, 2020 5:01 PM GMT
Yes.

Usually best to disregard the stockmarket until Wall St pre-mkt opens at 10:00am. Take your cue from Aapl - that is by far the heaviest traded stock.
Report unitedbiscuits March 22, 2020 5:08 PM GMT
Lol. Betfair squandered millions trying to develop a share trade platform, in the days when they had more money than they knew what to do with.

Initially it made sense - the Exchange platform is based on a model with which Andrew Black was familiar from working on short trades on Wall St.
It was known as L-Max - before Betfair staff said it was uncompetitive and more like Tampax.

Go to Halifax if you want to deal cheaply in shares.
Report Just Checking March 22, 2020 5:14 PM GMT
united I THOUGHT betfair had tried something but it's so long ago and I'd not seen anything about it for so long I thought my mind was playing tricks on me .. they stopped it then? This is ringing a bell.
Report unitedbiscuits March 22, 2020 5:25 PM GMT
L-Max never got to market.

If you were invested then (2011 I think they cancelled) you had to take a 75% loss of share value. It was only after Breon Corcoran came in that the shares exploded upward, and the merger with PP was perfect timing.
Report unitedbiscuits March 22, 2020 5:37 PM GMT
As an aside:

Betfair used to operate a Market on whether the FTSE 100 would be up or down every trading hour.

It was a bent game: City insiders with a time advantage could sweep the market pretty much anytime they wanted.

It was a long time ago but two names I remember are "Lotus-Exige" and his sideman "Contrarian." The first named also used to place "trap bets", offering win prices to lay on place markets at prestige events like Royal Ascot and Goodwood.
Post Your Reply
<CTRL+Enter> to submit
Please login to post a reply.

Wonder

Instance ID: 13539
www.betfair.com