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I think we have to be very careful of tax avoiders acting in groups working to the principle that once investors (especially investors in progress) are fleeced there is no way back for them. This is the attitude of Russian oligarchs who will then importantly lobby to make sure their crimes go unpunished or even recorded. They will pay no tax like our elite. Further they believe all top civil servants exist to serve them or be bullied. After that they resort to poisoning. (Yeltsin probably). Boris and our lot should be very careful. These people are 100 years behind us educationally and morally. (See URA) . Re tax avoiders I personally know of one landlord getting planning permission who is now Carribbean tax haven based.Another from years ago , pillar of community we all thought was mentioned in Panama papers! Post WW2 I think it used to be muted that some countries mindsets could not be trusted with weapons. Same should be applied to money, small print and tax payers money( ref OCT)
Therefore we could now say that the actions of HMRC by coercion or whatever to collect massive austerity taxes to bail out assets of above groups was illegal and against every principle of taxation. Green energy infrastructure should have been built.
This brings me to today's big idea! Sorry Sir Tim it's mine!
A countries currency value/ability to borrow be related to the greenness of its infrastructure (this being like crypto a degree of mining) but also negatively impacted by degree elite tax avoid, fail to contribute by invention or investment, rig the political/legal/tax authorities for cheating purposes, fail to have political opposition's, engage in false imprisonment/physical harm, fail to contribute financially or try shift burden to others, keep inaccurate unfactual/fact missing records, more
Oh and let builder bonuses go unreturned during this false austerity! Also all increased wages other bonuses big property owner/ property related services paid themselves immorally is banks, crown estate, property lawyers , builder supply cos etc
I think we have to clarify pure and simply if the masonic club condone their role in what amounts to the biggest robbery in history just to rescue the big landlords a lot of whom are tax avoiders I am shocked to know so who have therefore robbed the tax payer and especially next generation of tax payers BUT who will never contribute to equitably the Exchequer. So much more could have been done instead see prev. Please clarify masonic club. Rules have been broken and we seem to be closing in on dodgy Dave to quote press and next cynical George? I also remember at time post 2008 when it was clear what you intended and being struck with disbelief. I then saw builder execs quickly write themselves bonuses based purely on share price recovery and remember thinking , I couldn't do that it's about as low as it gets. So masonic club have you taken donations from this group? Hence silence? And if you don't mind I will ask follow ups when you reply because I know how tricky you can be! Personally I'd like the extra austerity tax I paid back -100k -because I never thought the British people would be abused to this extent. We all now know what bent cowards Putin and his group are see URA but do you lot have to be crooked also?
More I think about it it's banking system needs sorting out. It is entirely serving the large property owners and tax avoiders. What should have happened post 2008 is an individuals house prices rescued. 3 properties in one ownership rescued (generous I know). After that 50% lien placed by Gov on remaining portfolio rising to 75% if owners also tax avoiders. is Russian oligarchs on the take it private fraud, crown estate, media assets, major political donors etc. This would have meant much less austerity, more employment, less hardship, more innovation and investment markets not crashed for a decade or more . 1-2 trillion in austerity and stagnation/contraction avoided. We could have also have already finished building massive green energy infrastructure. Power station 600m. Nuclear 10bln to power whole country which would have been drop in Ocean compared to rescuing the big landlords. Could have led world. I think there is massive problem here and in eg Russia that intelligence forces support this nonsense. They also fail to act when someone immorally on back of austerity pays themselves 1000 Rolls Royce's but fully goes after a gang stealing a banger. Was watching doc on Hitler tax avoiding. Was of course shocking but he bullied tax authorities I suppose. Conclusion we would be lot better off without tax avoidance and tax havens and need to cut out their influence. The thing about landlords is they aspire to trap people here and elsewhere in expensive apartments with essentially zero facilities. That is what they contribute. If massively putting hand into tax payer pocket this is much worse. Nothing is solved. Nothing is built and instability could follow. So how much has Putin benefitted and his economy suffered. How much Merkel. How much crown estate and advisors. Where is the money. In which tax avoidance haven. Why have authorities allowed builder bonuses to go unchallenged and unreturned. Why do councils give planning permission to tax avoiders. Do actually our tax avoiders and Putin's have the same Bankers? Maybe they meet and laugh and plan more oppression of standards we all grew up to believe would never change. Because he threatens us and we him! What utter rubbish. Sort out crooked banking and we would all be friends . And don't give in to intellectually limited landlords
Thanks for your post.
I think the end of quarter rebalancing affected the UK market as a whole, plus Persimmon has had a good run so some funds may have slimmed down their holdings a little. I feel pretty confident about the UK market generally and the housebuilders particularly, so here's to a good Q2 of 2021!
Thanks nickylauda,if it came out 16:05 yesterday it did nt affect the sp yesterday is today's bullish performance because of that?I hope do
Persimmon Rated New Outperform at Exane; PT 3,445 pence
2021-03-31 16:05:07.764 GMT
By Bloomberg Automation
(Bloomberg) -- Exane BNP Paribas initiated coverage of
Persimmon Plc with a recommendation of outperform.
* PT set to 3,445 pence, implies a 17% increase from last price.
Persimmon average PT is 3,251 pence.
* Targets updated in the last 3 months range from 2,295 pence to
3,590 pence