Member Info for 2227

End of zero covid policy in China and the stronger pound should be good for Luceco , as a big chunk of their production is in China.

"Never again" in banking terms means "Not for seven years".

Well this time it meant fourteen years lol.

Amazon is offering 75% off coach tickets to get students home for Christmas – as a fifth struggle to afford the journey.

https://metro.co.uk/2022/11/21/amazon-offers-75-off-coach-tickets-to-get-students-home-for-christmas-17799474/

Likely to go much lower imo.

hardup

Wednesday 19 October 2022 6:30 pm

The government has put a windfall tax on the UK’s largest banks on the table.

UK banks brace for ‘windfall tax’ to help plug £40bn hole in public finances.

https://www.theguardian.com/business/2022/oct/19/uk-banks-prepare-for-windfall-tax-as-hunt-moves-to-plug-40bn-hole-in-public-finances

"Markets always go to extreme valuations"
It could go below 1500p before christmas.

Underlying earnings per share rose by 19.9% to 420.8p(2021 - 350.9p, 2020 - 204.3p).
NAV rose by 2.4% to 2,727p (2021 - 2,664p, 2020 - 2,427p)
total proposed dividend to 140.0p per share (2021 - 117.5p, 2020 - 50.0p), an increase of 19.1%.
"Our strong balance sheet and record land bank also provides us with the strategic flexibility and agility to respond to any material changes in market conditions as a result of the current backdrop of economic uncertainty. "

But that doesn’t mean home builder stocks, which are largely down roughly 50% will necessarily suffer, significant negativity already priced into the stocks.

Hundreds of thousands of British homeowners about to see monthly mortgage payments soar in the coming months. Fixed interest deals expire on millions mortgages in the second half of this year and through next year.

House prices likely to drop and the builders may have to write down their asset values next year imo.

lenders Virgin Money, Halifax and Skipton Building Society pulled some of their mortgage deals to customers after the tumult in British bond markets.

Virgin Money and Skipton Building Society temporarily paused mortgage offers for new customers, while Halifax is planning to halt any mortgage products with fees where lower interest rates are usually offered.

Brattus22, AWE still has plenty of cash and there's no risk of it going under anytime soon . Good luck to you.

Headline profits mean nothing if a company continue to make a comrehensive loss. AWE have less cash and lass assets than six and twelve months ago.

Do you know how to read financial statements?

Yes i do know thing or two about accounts , and i don't like these.

Total comprehensive loss for the period ended June 30 2021 (8,415)
Total comprehensive loss for the year ended 31 December (13,665)
Total comprehensive loss for the period ended June 2022 (34,266)

Do you know how to read financial statements?
Yes i do know thing or two about accounts , and i don't like these.

Total comprehensive loss for the period ended June 30 2021 (8,415)
Total comprehensive loss for the year ended 31 December (13,665)
Total comprehensive loss for the period ended June 2022 (34,266)







(8,313)

Whatever the reason, the total equity has been reduced to $501,347 from $527,772 over the six months. It's a loss in my book.




501,347


527,772

Woopert
"$50m of the 'loss' is because they hold a lot of GBP and report in USD"
Why would they do that, it doesn't make any business sense. They do their transactions in the USD yet keep their cash in GBP?

"The market isn’t impressed. Why?"

Total comprehensive loss for the period
(34,266)

No 10 says businesses will get help with energy bills from October, even if payments have to be backdated.

https://www.theguardian.com/politics/live/2022/sep/14/eu-uk-politics-latest-news-liz-truss-energy-updates

Sorry wrong board.