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Glad I could be of some help.
:)
I actually owe MassiveRay a big thank you, I saw your post about GGP on another board and had a look at the company for a punt after reading up about the potential as of this morning it is 73.05% up and god knows where it'll be in 2 years time... dare say it made a lot of people a millionaire... lets how this does the same!
Bridges - Thank you clarifiying that (PA not the same as a bill). I understood incorrectly and what you have said gives me greater comfort. With regards to the virus I agree with your point, compared to other viruses it has a low mortality rate but to be honest I would rather move away from talking about the virus and more about the share! Does anyone know anything about how far the insolvency bill has progressed? I cant see ratification take place until this bill is passed.
I do recall reading somewhere that the Ghana Parliament have promised to ensure the Pan Andrean bill will have a decision by April (1st sitting)?
Agreed, hence I have a fairly big holding in ggp
...I would recommend gold at the moment, before it gets too expensive! :)
Onassis very good advice, but strategy also should consider age and your risk profile. I tend to have One AIM share and the rest is blue chip plus cash.
Agreed. The sensible thing would be to reduce risk, plus cash in the bank. As they say, don't have all your eggs in one basket.
It may (or may not) be ridiculous right enough but it remains that this virus will for an absolute certainty have a very significant effect on the global economy. Give it 2 weeks and toy will have more insight into what I am saying here. Again, I'm not being alarmist but realistic. Here is a link if you want to keep an eye on it :) https://covid19info.live/
As stated before rise I own 2% of Clon and not selling until we go for the black stuff, we have different strategies. I was commenting because of your confession post that’s all. Healthy discussion I hope. The Coronavirus is imho over hyped, considering the low risk to general health. The Chinese are catching people by netting them lol the whole thing is ridiculous
Point taken and sorry to hear you had both!! I am referring more to the effects that covid 19 will have on the global economy, as opposed to the effects it will have on an individual. Although Covid 19 has a mortality rate of around 3-5% it wont wipe out human kind (barring it becoming more efficient at what it does) The virus is the 7th of a family of coronaviruses but this one has a couple of significant differences which WILL have a profound effect on global spread, and because fear causes more problems than the actual "pandemic" then watch this space!! Covid is different because A) it has an incubation period of up to 27 days and during that time it can spread from person to person. This makes it many many times more difficult to contain than any coronavirus in the past. In oreder to TRY to contain it there will need to be significant and sustained quarantine in major cities around the world which will cause panic buying, stop people going to work and overwhelm medical facilities and supplies. Now that people have been seen panic buying in Hong Kong, Singapore, Vietnam and now Italy, it wont take many cases here in the |UK to send the fearful masses to empty the shelves in our supermarkets. I am not alarmist, just realistic. As WHO put it "its a time to prepare!! :)
Since text covers a mere 17% of the whole range of communication I am struggling with how I should receive and therefore answer the question. Given your previous form is predominantly positive Bridges I am assuming it is friendly (as opposed to implying I would make de-ramping comments with self interest involved) and state my position here (also hopefully in response to ? post): I have about 5k invested here and in the past I have top sliced and bought back in when/if the SP drops. Recently I was going to stay in totally but realised some capital sinse the SP dropped (I'm guessing that prompted the question Bridges?). Yes I still have those funds I realised and probably will invest it if the SP falls again. It seems to make me feel better and not simply dread a drop in SP because I am then happy to see either, if you know what I mean... bearing my soul here lol :) What about you Bridges; answer optional of course :)
Another point Rise is from personal experience I have had MERS after living in the Middle East and then came to the U.K. and got swine flu both nasty virus’s and correct me if I am wrong (sorry not as reasearched as you on this subject obviously) but isn’t MERS a type of Coronavirus? Therefore I speak from personal experiences. Both of which were nasty to experience but treated with rest and paracetamol. I am here and healthy and live to tell both tails.
If you are going to get, get in now
Set to blow the roof off at the point of ratification
Are you still trying to get in at a lower price?
maybe you will see that a bit differently after some proper research Bridges, or perhaps in time!
The media are totally hyping up. This is a classic, not saying that to the coronavirus is not a virus but it is acting in the same way as a common flu. And sooner or later people will come to terms with the fact that the dreaded coronavirus can be treated with some paracetamol. Unfortunately vulnerable people will be vulnerable to the virus but it is the same bridge at the common cold.
Mauler, you can also try the BBC link below.
https://www.bbc.co.uk/news/business-51612520
Mauler, below is an excerpt from the link provided earlier regarding coronavirus.
PS. Dow Jones closed down 1013 points - DAX down 544 - UKX down 247
https://www.independent.co.uk/news/world/americas/coronavirus-stock-shares-dow-jones-wall-street-italy-china-latest-a9355436.html
The Dow was expected to drop by at least 800 points on Monday as new cases of the coronavirus were reported around the world, though some analysts said the plunge also had to do with other factors impacting the global economy.
Hundreds more tested across UK, as Europe death toll rises
Nigel Green, CEO of deVere Group, told NBC News: “Coronavirus has struck at a time when major economies, including Japan, Germany, India and Hong Kong are facing a downturn due to other factors such as the U.S.-China trade dispute and political protesters, which could hit the world economy.”
Onassis what sort of answer is that? and yes i'm serious