Really painful to see Stoxx 600 up almost 2%, Euro banks up over 3.5% and this beauty down again and nobody here asks why, other than bleat about Brexit, Pension hole, etc. all that sht has been priced in long ago yet the SP still goes down.
"A number of major banks are preparing to relocate out of the UK in the first few months of 2017 amid increasing fears about Brexit, while some smaller banks are making plans to get out before Christmas, according to the chief executive of the British Bankers' Association, Anthony Browne. Writing in the Observer, he warned "the public and political debate at the moment is taking us in the wrong direction"."
.. BR spells trouble.. i have seen their filings .. they buy.. they sell.. too much on BKir.. not normal.. i have not seen to much of this from the others like capital.. or others.. its almost as if BR is churning this stock within their own accounts.. i guess after Noonan publicly said there was no immediate hurry to sell either Bkir or AIB.. that BR decided to start unloading stock.. the timming is almost exact..
Will the soon be of people in times past Computer driven trading,watching some of the falls this week on companies in lLondon Surprised Conduct Authoity is not intrested but as I say the above may had there time G L A
How did the evening go with Tresa May? Junker shrugs shoulder... Also greeted by silence after her lunchtime speech regarding brexit. Decision due next month by nissan on location for production of next model. UK can't afford to loose that!
In my opinion B'rock have more vehicles than the M50 at rush hour and that one sells shares here to the other at knockdown prices to create the market. At the moment I don't know why but all will be revealed eventually, probably the 14% residue or something else down the road.
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