CLOSING: M&S/ABF

Closing Short ABF, Running MKS

 

• Crazy morning in ABF
• We will buy back our short at 2660 or better this morning and book a 3.39% return
• Was hoping for alot more after the lack of growth in numbers
• Don’t mess with Primark the lesson today

 

Mon, 03 Nov 2014 11:54

Over to ABF tomorrow

 

• Over to ABF tomorrow
• Most people seem to have massive faith in Primark to avoid any weather slowdown
• We would stay short into numbers tomorrow
• Then over to MKS on Wednesday

 

 Wed, 29 Oct 2014 07:49

 

• Next called down 3-5%
• Poor numbers but we knew about Q3
• The Q4 cut is a surprise.Should weigh on MKS and ABF this morning

 

 

 Tue, 28 Oct 2014 13:47

Short trading call

 

• SHORT MKS and ABF into NEXT numbers tomorrow
• Weather related  warning is coming tomorrow from Next, has been far too warm in the UK