CantorFitz.....We take this opportunity to update our finan- cial model forecasts out to 2018 which results in an increased target price to 27.2c from 23.8c (14.2%)........ while we maintain our “Outperform” rating. Returning to a sustainable dividend pay- ing bank is a top priority for management, however given the pension deficit is still a huge source of volatility in calculating capital po- sitions, we assume BKIR will reinstate an interim dividend related to H1/17 with an initial dividend pay-out ratio of 25%.
All the mainland eu countries want them out out out ,except ireland (and me !)to share the spoils . Also expats willhave to go b,ack to cold england , As i said what good is a multinational moving to uk if its expelled from doing business in eu . Asmy european friend goes get out out out and uk who ? Also uk is already donald trumps b#tch and china wants a free r#de too !
We don't know yet what they will say The whole issue is very difficult. At the present time we are seeing an Anglo- Saxon alignment emerging orchestrated by two right wing Governments in London and Washington lining up against Brussels with Vlad in Moscow rubbing his hands as he wants to weaken the West to rebuild Russian power in the East whilst trying to break the West from within by encouraging 3rd world immigration. They hope one day maybe to be invited in to Europe to 'clean it up with a big pogrom -Russian history littered with them. Make no mistake this is a serious turn. UK could break up but there is no certainty yet how it will play out. Being externally well diversified has a logic.
Will save the british from themselves. Did philip hamond ask himself if he lowers tax then eu will expell those companie that go to uk from doing business in eu or expel british airlines from eu air space. Their finished if they dont go to eu every whim .
Have just spent a week up in the so called "Northern Power House" or part of it - in Sheffield with our young lady's new house.
The investment that is evident points to a lot of money being spent - new car sale rooms abound in the old industrial quarter along with all the other manifestations of the modern "service" based society. MacDonald's, KFC, Pizza Hut, Burgerking and of course Starbucks, all gathered around The Meadowhall Shopping Centre.
What a nightmare and the traffic was amazing as it threaded through the maze of monstrous new constructions with traffic lights that were always on RED. I hate to think how much has been spent but you can definitely see where it's gone an quite often who has benefited when I look at the new cars that have been lease purchased.
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