"Grexit has been avoided" Has it?? "The Greek crisis was back in the news with the International Monetary Fund (IMF) indicating that it was very wary of making any financial contribution to the latest bailout plan and insisting again that there needs to be debt restructuring." I'm afraid this will rumble on for a long time. Everyone knows that is is just putting off the evil day when it is finally acknowledged that Greece will never pay off its debts. It smacks of the lending to South American states which took off back in the 1970's when Walter Wriston, the CEO of Citibank, made the astounding observation that it was impossible for a country to "go broke". Subsequent events have proved that he was having a bad day.
Established high for this share is around 600. Grexit has been avoided, Results improving. Why then are the mm's and mc's still allowed to sit on this share.
RE: half year
Numbers look quite decent indeed. July performance looks good too so far, esp during recent China sell-off. 200? Not overnight, but I'd be happy if we left the annual low behind us and resume a steady climb.
Good numbers from Man. Those performance related revenues are excellent. That should lead to an upturn in sales and a slowdown in redemptions. Back to 200+ maybe? (PS Daft headline from Ms Jain at Reuters. No way is 158 a record high!)
22 Jul '15
Should climb more rapidly now the Gr-exit chaos is calming down
14 Jul '15
Simply thoughts of another Gr-haircut weighed on the SP, I suppose,.
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