On the softer side , I was joking . Of course the whole " nation " was behind the Olympic team and rightly so , .... it was a British team , just as the whole nation will be behind the England team at the World cup . .....lol.lol.lol .aye so it will .
http://rt.com/shows/crosstalk/nato-inception-crisis-ukraine-629/ . I had to laugh at the American from Washington in this discussion . .he's supposedly is knowledgeable in foreign and defence policy's at the heritage foundation . doesn't seem that knowledgeable to me . but note he's from the heritage foundation . .The Heritage Foundation remained an influential voice on domestic and foreign policy issues during President George H. W. Bush’s administration. It was a leading proponent of Operation Desert Storm against Iraq, and according to Frank Starr, head of the Baltimore Sun’s Washington bureau, the foundation’s studies, "laid much of the groundwork for Bush administration thinking" about post-Soviet foreign policy
Re 'what nation?' I see the UK as one nation, believing that the World needs Countries to join together rather than create divisions. On the softer side I believe the whole UK population was right behind the Olympic Team.
Funny you should ask, I decided today to take up the £11520 ISA allowance so sold some RBS to release the cash to invest before the 5th. I had been holding off pending the SP going up, thankfully it did this morning. Still have a large holding but happily averaging 317 so in profit on today's SP. Will hold until I either have a big profit or see some good alternatives that are at a low point and offer both growth and good dividends. No hurry. You starting to believe?
Maybe it's wrong to say never but it is unlikely . It's an entirely different bank now . The investment side where a great deal of the profit was generated has been greatly reduced . Still divesting billions in bad loans . Number of litigations in the pipeline could prove costly although some provision has been made for them . No dividends in the near future and the sale of HMG holding probably won't start for a couple of years at the earliest and may take years to complete . Could well act as a ceiling to the price while it's going on . The current m.cap including the pref B shares is £30.5 billion , £10 a share would push that up to HSBC levels , £110billion , sorry mate , just aint gonna happen in the next few years .
I only watched the full video after I posted. Not surprised he would have been on rt.com. Quite misleading what he was saying, mixed truth with a lot of bias. Not all hedge funds used insurance or cds to bet on the other side of the property market, only very few. The people in the audience have no clue about finance or economics whatsoever and seemed pretty dopey, just the right type to buy the book he was plugging.
Hi .. There is no real basic logic to expect the SP to reach £10 ..
The SP has hardly moved in 3 years.. Times have changed dramatically since 2008 and we have a growing change to renting and staying with parents ... The level of mortgages before 2008 compared to now is I believe is far less.. .. Lack of Affordability is the main worry on many issues now.. Including utility bills, mortgages and low incomes..
As I just posted house prices now up from 2 times ave earnings in 1970 to 7 times ave earnings now.. .. Times have moved on from Fred the shred days ... And banking rules are different as well..
£10 seems two and a half times harder than the £4 that seems so difficult to reach now... £10 may well be reached in the distant future .. But what will £10 SP be worth by then..?.. Ave House prices may well be double today's prices by then..
All a very distant thought .. Predicting £10 is all based on hope rather than reality.. Of the way things stand today.. Uncertainty is the only reality.. That is the one certainty
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