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Toff
You will be a sad loss..........................not
Longterm
Is Avro another one of your aliases.
I’ve put her on block too.
I don’t have time for trolls and their imaginary trades
Toff
Toff
Last purchase of Vodafone was at 127p on 17th July 2019.
Was that fantasy as well?
Toff
I sold some Vodafone at 254p on 25th May 2015.
Is that fantasy as well?
Toff
also sold some RDSB shares at 2760p on 15th May 2018.
Is that fantasy as well?
Toff
Whether you like it or not I sold BT at just under £5 on the 26th Nov 2015
Longterm
‘For example I sold BT shares over 4 years ago at just under £5. My recent purchases of BT have been at about 168 and 158p’
You’ve just quoted 2 numbers. One a multi year high (sold) the other a multi year low (bought)
What do I say to that?
I say highly improbable - likely story.
Give me some past editions of the Racing Times and I’ll tell you all the winners from Epsom and Ascot
Hindsight is no sight at all - it’s for fantasists.
Toff
The repo market. Junk everything was a catalyst not the cause the world ends tomorrow. Imagine you go to the ATM and see ZERO balance - basically in a nut shell.
Wids, please explain why there was "a dollar/cash shortage in the system" then we could get some truth. What "system" are you talking about: A group of interacting, interrelated, or interdependent elements forming a complex whole.
We had people moaning on an almost a daily basis about buybacks whilst they were taking place.
I was hoping for a rest from it.
You won't see my moaning constantly about buybacks not taking place.
Damp
Nur was asking why the drop from 53p to 50p . It was not due to the buyback.
Toff
''only works when shareprices go up. ''
Did you not know that share prices go down AND up.
For example I sold BT shares over 4 years ago at just under £5. My recent purchases of BT have been at about 168 and 158p
Toff,
"The example of the hourly wage was a crude one; it would defy simple economics if it were true. "
Can't recall this morning who correctly mentioned the value added significance of compound interest . My business will be handed down to my children . @ 2% pa / compounded I anticipate asset values to double every 20 yrs , my first born , now having his degree is being trained in all facets of building work and office management . Thankfully he has the family work ethic . @ 24 , 60 yrs of life ahead , @ 2% compounded the assets will enhance by 800% in his lifetime .
Myself , like millions of business folk and self employed people believe in Mrs Ts trickle down effect . Hence why our PMI amongst other gauges is surging ahead of EUs .
Over the yrs , similar ilk folk to yourself have come and gone . Let's see what your stamina is like .
ATB
Toff
''outside their protection those standards will plummet even more; apart from for the Tory pigs ''
A sad anti UK loser it seems.
GET OVER IT
EU, they can argue all day long about their budgets - not our problem....lol. Austerity on the way.
No one could see that one coming.../sarc
Damp
A buyback is spending cash (an asset) just as spending the same cash on dividend payments is an asset coming off of the balance sheet. The NAV per share will depend on the number of shares in issue and as we also know, new shares are issued each year.
I gave an answer to Nur as to the reason for the drop in NAV to 50.8p and it wasn't due to the buyback.
It wasn't Gordon Brown. It wasn't subprime mortgages or Mortgage backed securities.
It was a dollar/cash shortage in the system against collateral - that simple.
Toff you are a bore.
Longtime
“Buy low and sell high”
Yes but that modus operandi only works when shareprices go up.
John46
“Toff, inappropriate name for a Socialist”
I’m only too aware of the prevailing extremist dogma which uses mob mentality to falsely brand anyone other than those with neo right wing views as socialists. And any country with a socialist government as - “another Venezuela”
It’s twisted of course, a deviation from the truth. But Orwellian despots have always used lies and a venomous media to poison peoples’ minds.
The standard of living for proles is far better in the EU than it is in the UK. And now we’re outside their protection those standards will plummet even more; apart from for the Tory pigs you speak about. The example of the hourly wage was a crude one; it would defy simple economics if it were true. Unless your work is so good you can get away with charging double.
Toff
Toff
''by the right wing extremists who rule over us today.''
The BJ government that the people of the UK wanted and voted for, do not come under that description.
Damp
''It was a consequence of the failed share buyback nonsense''
That is a nonsense statement.
A buyback and cancellation does not reduce NAV per share.
Toff, inappropriate name for a Socialist .
"The EU was the last bastion of protection against ruthless neo-capitalists, for working people"
In your vast wisdom , why is Paris ground to a halt each week ? Why is afd shining an embarrassment on Germany again ?
I pay my labourers £15/hr , all Brits , competition pay theirs £5/hr , all Eastern European . Eastern blockers all want to work for me , I like a happy workforce .
The EU can deal with their unskilled workforces standards of living continuing to decrease as time goes by . EUs problem , we have detached ourselves from that dilemma.
Nur
NAV is currently 50.8p not 50p.
NAV will change on a quarterly basis
It was a bit of both: Gordon relaxed the rules about what capital the banks needed to hold as a proportion of their lending books. Being financially ignorant he did not understand why these rules had been made many years ago to keep the banks in line. He observed the yanks relaxing said rules and though he would do the same (copying the yanks is never a good idea because many of them are a bit dense. Anyway, one or two bigheaded bankers (you know who) then decided to extend their lending books and offer money to a lot more folk who would find it quite hard to make the repayments. "Never mind, most of them will pay and we'll make loads of money" Of course we then had a bit of a recession and quite a lot of said loans and mortgages went "toxic" because a lot more people could not afford the reapayments both in the States and here. The rest is history except that the building societies (notably Nationwide) did not suffer to anywhere near the same extent because they play by more stringent rules. It is interesting that Vince Cable warned Gordon at the time that things were looking quite dodgy but Gordon ignored him.