Member Info for bald_eagle

Gary, have I missed something? I cannot see a post you made being offensive (perhaps one has been deleted). We all get carried away in the heat of the moment and get goaded into uncharacteristic comments. From what I have read of your posts they are helpful and balanced. Please keep posting if you want to....you're one of the saner ones on here!

Tricky, I'm not sure that sentiment applies to companies like TRMR....."When you're in a hole stop digging" perhaps!

"Most of the misery that you're talking about happened after the useless clown joined ITV on a huge salary..."
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I suspect ITV needed some drastic action to get it ready for the future....always easier to sit in your plush office, collectrng pay & pension doing nothing in particular then the occaional motivational speech. Takes guts & vision to tackle systemic problems. Hopefully she will succeed.
Pruning the tree can make it grow back stronger, sometimes it kills it.
If ITV bounces back as we hope then she will be heralded as a visionary businesswoman. If it fails to deliver she will be the well paid clown. Too early to tell IMO.

Trup, you are totally deranged m8. I have nothing to do with Wimbledon Tom. You seem to have gone down the rabbit hole of conspiracy theories. You may need professional help imo.....as a first step I would suggest a spellchecker.

Trup, so everyone you have a problem with is named Tom?...what sort of medication are you on?.....can I have some?

" I do however think that two days would not have been long enough for HSBC to undertake the normal amount of dd before agreeing to this move. Hence consider it probable that they got given some informal assurances from the government."
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LHWL, I would be amazed if HSBC weren't given some sort 'assurance' in order to take on the risk of SVB UK. The big question is how much they managed to screw the UK government for. The current Tory government has a reputation for handing over suitcases of taxpayers cash to get themselves out of a pickle.
I was reading on the BBC this morning: "UBS is said to have asked the Swiss government to cover about $6bn (£4.9bn) in costs if it were to buy Credit Suisse, according to sources quoted by Reuters."
On a totally different scale to SVB UK of course.

"Also my understanding that European/ uk banks are required to mark to market as interest rates and bond prices change.
Lack of confidence in UBS is for different reasons but has the same impact on short term liquidity."
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Slikoil, so presumably even the larger US banks could have sizeable unrealised 'losses' on their books....and subject to a 'margin call' in certain conditions.
Bid someone write that the rules were slackened in 2018?...'Lock him up' I say!
IS UBS in trouble now?

"Whether an asset can be decsribed as "lousy"...."
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Pokerchips, I wrote 'Lossy', you seem to have translated that as 'Lousy'. Totally different IMO.
A 'Lossy' investment denotes an investment that has incurred a loss (which is arguably a fact....especially when one is forced to sell the asset & cement the loss). A 'lousy' investment is a personal judgement on an investment & not something I was trying to do.

"The key question has to be how did SVB manage to have over 60% of cash transfered into long dated bonds, when the average is less than 10%, and nothing in the regulators tool kit managed to pick that up....Moodys did and downgraded their credit level one notch, and that apparantly was what set things out in the open... one bank makes a basic error and it becomes the achilles heel that shakes the foundation of the whole system....SVB being a fairly simple bank compared to many others..."
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Pokerchips, so this apparent lack of regulation is probably a feature of the American banking system and not a global weakness?
Does this lack of regulation - whereby lossy assets can sit hidden on a bank balance sheet - apply to the larger US banks?.....If Moodys can identify these 'dodgy' assests then presumably so can the regulator (are they even looking?)
(sorry if these are the same questions I was asking before)

Fishcakes, there seems to be an American angle to this story, that the smaller banks weren't sufficiently regulated. I suppose that prompts the question, "What about the bigger US banks?"
There is also the European question raised Credit Suisse. If Europe has tighter regulatory oversight then how did Credit Suisse get in the mess they have?...are they a one-off or is this a sign of things to come once the Pandora box lid has been opened.

".....extrapolate all for the future (you can use the guidelines of mgmt to help you there)"
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Wousterius, where would one find the management guidance?

"at last LBERTY HAVE BEING DOING IT FOR 10 YEARS"
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Trup, I really have trouble understanding what you are trying to say sometimes. I'm sure you have amazing things to say but it does destroy your message sometimes (for me).

stockman, I'm not convinced about Amobee. It looked to me like a business the owner was desperate to get rid of (a bit of a money pit) and possibly TRMR paid top dollar, or more than they should have paid. But hopefully Ofer can intergrate it and get the benefits he obviously thought were there. That's why Ofer is paid the huge sums he gets....lets hope he can deliver.

It looks like Credit Suisse has become the holder of the 'dodgiest big bank' title....after a series of scandals, & inept risk mnanagement. I'm sure Barclays won't be happy with that and will be working hard to regain the number one position!

(In case there are any lawyers watching: This is meant as a joke. Obviously Barclays is an incredibly well run organisation that would never ever do anything remotely illegal and any such unproven accusations are the figment of an incedibly deranged mind)

If there is a positive settlement for TRMR it will mean an even bigger bonus for Ofer & the other management team. I almost feel sorry for them!

That's OK if you bought all your holding at the bottom. Prior to the announcement of ITVX the SP was over a £ and it hasn't recovered yet. Perhaps it won't, perhaps this is the new norm. Equally true is the market may want to see advertising revenue rise, it might want to see how the BOD maximises the value in the studio business and obviously it would like to see ITVX stats continue to show progress.

Buster, I thought it was you putting your short arms into your deep pockets.

It does make me laugh when analysts & financial journos tip a comnpany based on the sublime analysis that it has fallen x% in the last year so it must be a bargain.....I don't know if that is what Andy is thinking (I'm not sure he actually thinks!). My pessimistic brain usually tells me: "perhaps the company was overpriced and it has fallen back to fair value".
At least with LGEN we know that it was never overpriced.....so that 'must' mean it is now a bargain (QED).
DYOR and don't believe me or Andy.

Andy, if betting on the 2:30 at Cheltenham is your idea of investing then you need more help that I thought. Good luck 'investing' on the gee-gee's....hope you have plenty of fun.

"Has Liz and Quasi re entered the building??"
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Perhaps that is what we need, the cavalry riding to the rescue. Boris as PM, Liz as combined Home/Foreign secretary and Kwasi as Chancellor (of course). The dream team!