The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Lol what? How did lockdown protect the NHS exactly? If a hospital capacity is 100% - then it is exactly that, 100%. If it is “overrun” the risk to staff will be the same.
In fact, the NHS was never “overrun” - Matt the c*ck said it live on tv. But he said it was a “possibility” at the time. As said many times, why were nightingale hospitals not even used? And shut so quickly?
The NHS is “overrun” EVERY YEAR. Bad flu season - overrun. Normal flu season - overrun.
In fact, do you even know since the A&E targets were set in 2015 - how many Q’s the NHS have hit those targets? - yep, you’re right - ZERO. What does that mean ??? A&E - OVERRUN.
Most Mp’s care about one thing and one thing only - re-election.
It’s a farce - and the only people who make these arguments, haven’t gone deeper into the arguments. “Novel virus” omg so scary. Upto the age of 69 a healthy adult has a 99.98% survival rate. “Killer virus” don’t make me p*ss my pants.
So, long way of saying, no one is missing the point. Except perhaps, you have. The repercussions of what we have done will last DECADES. Unless you’re rich - in which case you’ve become richer!! TA-DA.
Anyhow, came on to say FTSE up +58 points.
Shouldn’t get carried up. But maybe green day tomorrow?
400p by Friday? IMO DYOR GLA
Hehe.
I think we're missing the fact that the purpose of lockdown was to protect the NHS and all it's workers.
As it was, the frontline staff were overrun and struggled to keep safe with PPE issues etc.
Today was definitely just pushing home the message that folks have to be responsible or things can get bad, very quickly.
Yes, it's also panicked the markets, but as long as folks take notice and act sensibly again, the market will recover.
If they don't and things do get bad, the market will take a further tumble, before recovering.
I think we can all just do our bit to prevent further spread and see how the market reacts.
Hands - Face - Space
Govt has been clear there is no appetite for a second lockdown. In my opinion, this fear is way overdone. Take a look at other countries (US, India, Brazil, Spain, France etc.) who despite huge numbers of cases/unfortunate deaths are functioning without national lockdowns!! UK can apply second national lockdown if they want to kiss goodbye their economy!
https://bjgplife.com/2020/07/24/covid-19-orwell-and-the-media/
more cases=more immunity as i see it. locking people up is just wrapping everyone up in cotton wool. if hospital cases increase then open up those nightingale hospitals that we coughed up for to deal with them. useless twats!
Not to mention that pathetic exponential chart where covid cases could reach 50000 cases by october. A 10 year old could pick out the flaws in that. Purely used to scaremonger the public. Nothing more nothing less....
And of course guess what is spashed all over the media? " couvid cases could reach 50k cases by oct says whitty". What a joke!
We're probably going to have to agree to disagree here but Whitty & Vallance do not strike me as fame hungry men. They strike me as dullards dedicated to their work. Scientists by nature are highly conservative with their language, they are not bombastic and don't throw out opinions if not backed up with evidence. Your points about antibodies and t-cells are not 100% accurate. There are hundreds of thousands of asymptomatic cases with antibodies. Granted antibody levels across the country definitely do not tell the whole story but it makes sense for the scientists to paint the bleakest picture, juxtaposed against a Boris that will probably come out all guns blazing tomorrow...
In the end of the day their job is to keep people safe from covid but as Chris Whitty highlighted earlier, they are aware of the adverse effects tight restrictions cause - in many cases unemployment > poverty > deprivation > death. And that's the reason we won't end up in a full lockdown again...
I mean an enquiry over the initial lockdown? Come on man. If you can't see that in the face of a novel threat the government reacted in the only way they could then you really are clueless. You can't compare like-for-like. The situation in the UK (particularly London) was far worse when we had the lockdown than Sweden, for example, ever encountered. Its impossible to know what would have happened if we didn't lock down but it almost certainly wouldn't have been fine and dandy.
As for NEX, I'm in agreement with you there! I try to see the media fear mongering as a stock market opportunity. I'm certain we'll have no lockdown or restrictions that'll affect NEX so I try to predict the market sell offs and take advantage when I can...
Chrishar with all due respect mate - you mean the same scientists looking for their 5 minutes of fame who mislead the public?
500,000 dead within the year. False.
Only 7% of population have antibodies - misleading. Although, may be true - does not account for T-cells / immune memory (Stockholm university found 6.5% antibodies but corrected to over 30% once T-cells (B) relating to covid were tested for). Also why did the “scientific” team earlier not mention the fact that asymptomatic patients won’t have antibodies as their body has no need to produce them for a “non factor” virus. Only mild - severe cases will have antibodies. How many people are asymptomatic? 30%-80% depending on who you believe.
If we won’t lockdown again an inquiry needs to happen as to why we locked down in the first place. Nightingale hospitals not used - deaths at leas than 10% of estimated numbers. 1 MILLION (nearly) unemployed (with the furlough scheme still in place!). Economy in worse shape for 300 YEARS (BOE). 12.4% drop in GDP. The Swedes are cracking a beer and laughing their heads off at us. Embarrassment.
Anyhow feel free to reply but I won’t clog the board up anymore today :).
NEX isn’t IAG / EZY -NEX are a lot “safer” - let’s put it this way - if planes fly, nex will do great. If planes don’t fly, but we open up domestically, nex will do great. So either NEX & IAG will fly. Or only NEX will. There is no scenario where IAG will but NEX won’t. If that makes any sense hahah
. However, if we keep playing lockdown roulette , nothing will be safe soon!!
I think you'll find we haven't locked down and we aren't going to. It is essential though that the gravity of the situation is expressed by the medical and scientific advisors and instilling a bit of fear is the only way to get people to listen and react positively. We need to learn to live with the virus but that doesn't mean pretend it's not there and that it's not ending lives prematurely...
If we do lockdown a second time then your outrage is justified, but not right now.
Never said a truer word Wing92, the economic damage done with keep locking down will last for years.
I am 70 years old and it is up to me whether you want to risk going out, just like the younger generation couldn't care less about it, but when a lot of them lose their jobs over lockdowns that will affect them more than this.
45,000 dead is terrible. But nothing compared to the amount of suffering that will be caused through economic devastation. Why are so many countries refusing to lockdown again if it was such a great idea?
PHE figures - 22,000 die of the flu every year, would you lockdown for that too?
It’s a bloody joke the whole thing.
More people have died (by NINE times) in the past month from the seasonal flu & pneumonia (ONS stays) - look it up!
Up to the age of 60 a healthy adult has a 99.99% of surviving covid. 60-69 a healthy adult has a 99.98% change of surviving covid!! (Stockholm university)
A full Lockdown was the stupidest gov policy I have seen since the iraq invasion. Boris didn’t want to lockdown initially - but attention seeking Ferguson with his 500,000 will die this year stat made everyone cr*p their pants. Then he broke his own rules for a bit of jiggy jiggy & was fired.
Pro lockdown are the real cov-idiots.
Anyways. Topped up at 113.1p. Av at 119p. Will add £5k if it goes sub 100p - GLA :)
volumes are huge, so there has to be another new base forming?????
Yes but the government are not helping the economy with all this lockdown talk. I agree that this virus was very bad, however it doesn’t seem to be so bad in deaths lately, https://youtu.be/03cDtC_8V5k
Ppl have to stop blaming the government. They say that the government are sending out mixed messages! 49,000+ ppl dead sends me a clear message look after yourself and keep distance from others. It’s all common sense not the rule of 6 which is laughable. I’m a long term holder here and it’s a great company but i will not buy anymore because I’m not sure.if it’s bottomed yet.
Just hold out on buying more right now, agreed it is a great buy/hold but you need to watch it this week before you go all in for those who are not yet! Strong future gains on this stock but I would wait at least a few days and see what those clowns at parliament do first.
Forgot to say, took advantage to top up this morning.
@Moonman. I am in here at an avg of 124p so have no worries, although I have now 80% of my portfolio in here but this is a strong company and once a new CEO is appointed it will rock. I left IAG underwater at about 15% but if I had stayed I would have had to be committing to an awful lot of share tomorrow with losses rocking towards 50%. I feel sorry for the IAG investors they have been well and truely screwed, still a good punt at sub 100p.
worth noting this was well on an upward bounce before today. we seen today's BS before. It'll turn around. IMO a massive overreaction based on the worst politicians & Government i've ever witnessed in my lifetime
Teddy, personally i would stick with NEX, much safer bet then IAG which i think will drop to the RI price anyway!
@Paddyboy. I am torn between Nex or Iag: Decisions, decisions. I already have 70% of my portfolio in Nex andI have no concerns about Nex at all but at the moment it is like being in a sweetie job. There will be a positive kick back tomorrow, today is the day.