Category: seller
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Britain’s biggest Rolex seller urged to move primary listing to US
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Watches of Switzerland, Britain’s biggest Rolex seller, is under pressure from activist investor Gatemore to abandon its main stock market listing in London and explore options in the United States. Gatemore, which recently acquired 1.9 million shares in the London-listed company, claims Watches of Switzerland’s share price has “significantly decoupled”…
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Britain’s biggest Rolex seller urged to move primary listing to US
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Watches of Switzerland, Britain’s biggest Rolex seller, is under pressure from activist investor Gatemore to abandon its main stock market listing in London and explore options in the United States. Gatemore, which recently acquired 1.9 million shares in the London-listed company, claims Watches of Switzerland’s share price has “significantly decoupled”…
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Jkuat picks up the tab in Sh296m tax row with ICEA building seller
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The High Court has ordered the Jomo Kenyatta University of Agriculture and Technology (Jkuat) to pay a bill of Sh296 million in unpaid value-added tax (VAT) and interest after purchasing the ICEA building in Nairobi from an insurance company about seven years ago. Justice Peter Mulwa said the indemnity instrument…
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Jkuat picks up the tab in Sh296m tax row with ICEA building seller
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The High Court has ordered the Jomo Kenyatta University of Agriculture and Technology (Jkuat) to pay a bill of Sh296 million in unpaid value-added tax (VAT) and interest after purchasing the ICEA building in Nairobi from an insurance company about seven years ago. Justice Peter Mulwa said the indemnity instrument…
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The GBPUSD found seller near the 1.3358 target as outlined earlier today
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Earlier today in the introductory video, I talked about GBPUSD price action and the next target. In the review I said the following: At that time, the price was trading at 1.3324. So what happened? The price moved above the 1.3338 level and the price moved to the high swing…
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USDCAD has its share of ups and downs over the last few days. Seller bang against support.
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Today’s jobs data in Canada was good news for everyone. The unemployment rate was steady from last month at 6.4%, but below estimates of 6.5%. Employment data showed a -2.8K drop in jobs for the second straight month, but there were 61K full-time jobs and -64K part-time jobs. So the…
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Short seller Hedgeye sees 30% downside in monday.com
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The US hedge fund researcher is not in line with analysts covering the Israeli business operating system company, who see an upside in monday.com. Israeli business operating systems company monday.com (Nasdaq: MNDY) The stock price was on a roll last weekend on Wall Street, falling 3.3% on Thursday and rising…
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Seller in the GBPUSD are making a play
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GBPUSD sellers are in play The pound fell against the dollar earlier today. The Bank of England kept interest rates unchanged today. However, as Justin pointed out in his post-decision posts, the BoE’s latest statement contains subtle dovish hints pointing to possible interest rate cuts in the near future. “As…
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The USDCHF is lower keeping the seller in control. The 200D MA is a key downside target.
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USD/CHF rebounded earlier this week in the process extending above the 38.2% retracement of the downward move from the May high to the June low. The level came at 0.8986. However, the momentum could not be maintained as the price began to rotate towards the downside supported by the weaker…