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I suspect in some way we are all attached to the UK economy and hope it does well. So perhaps we are all a little bit Brexity (even the remainers). The irony I suspect is that Rees-Mogg (& other 'clever' people) exited the UK market quite some time ago and some may even have been shorting. But I'm left with the little union jack waving on my British mini (designed by Germans) and left holding the baby. The fact that the little chap has a monocle and looks like a cross between Moggy & Boris is a little disconcerting though!!
NoSevilleCapis, I will leave it to others to comment on what you wrote.
The best way for UK companies to improve their standing amongst investors is to deliver increased profits & growth. Perhaps at some point foreign investors may also take an interest in the cheap valuations of UK plc and start to make offers we cannot refuse. I'm sure a better working relationship with the EU would be one thing they are looking for....and apparently those nasty socialists in the Labour party may be open to that.
I think we are all fed up with the lies aroung the B-thingy and just want to get on with our lives.
NoSevileCapis, your point is false. It avoids reality. Buying a bigger union jack to run up the flag pole isn't going to change anything.....unless you own a company making oversized flags of course.
Same with climate change deniers....if we bury our heads in the sand it will all go away.
"We have spent the last nearly 8 years talking ourselves down...."
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We have spent the last 8 years trying to talk ourselves up, whilst ignoring the bleeding obvious (obviously I am referring to the B-thingy). We can talk ourselves up as much as we want but it has to have some basis in reality....I suspect that is what confuses our international friends. We seem to be systematically cutting off parts of our face to spite ourselves.....the nose was a little too oddly shaped, it had to go. Do we really need two ears? More than one eye is a luxury....we can create bionic eyes just as good if needed!
We couldn't avoid the financial damage of the two world wars....but I expect the Americans & rest of the world are gobsmacked that we embarked on a economic war with out nearest markets. They must be laughing....I expect the Australians are overjoyed with the trade deal they secured from Truss!
But thankfully we have full control of our borders now and immigration is fully under control.
"....wokery and net zero zealotry...."
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It was quite a good posting until they started on the crackpot stuff.
There was some article about the new CEO being expected to find a 'new' area for growth at LGEN. Almost like the previous guy had run out of steam and the business needed some new ideas. But that doesn't always work. Sometimes a 'steady as you go' approach works better for some businesses....'burning platforms' sound good but might not work for LGEN.
I'm sure there would be huge interest in the Studio business (at the right price). But would it be wise to sell the family silver, leaving us with the unwanted bits?
I will take it seriously when there is an offer on the table, until then it is pure speculation imo.
Even the article didn't mention ITV or any other business for that matter....
I half listened to the podcast and wasn't overly impressed, at times she seemed to be waffling. I guess the success of her tenure at ITV is linked to matters outside of her control. She has built the platform and now needs to make it highly profitable....'build it, they will come'......or she will be gone.
"Sellers are't stupid just because you disagree with them."
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I suppose it depends by what you mean by 'stupid' and 'clever'. I expect quite smart people can be incredibly stupid at times. And 'stupid' behaviour' can appear 'clever' in hindsight or when the full facts are known.
Trying to double guess why a person or organisation is doing something that outwardly appears 'stupid' is probably a waste of time and may be what they 'cleverly' intend or they may be just too 'clever' for their own good and think they are too 'clever' to be fallible.
"Fortunately, I pulled it out before the stock in question tanked! (TRMR)."
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Winstanley, sometimes I think you will agree that it's more luck than judgemnent.
TRMR for example was a basket case for many, many, many years. Then the stars aligned and what they did became all the rage. But since then reality has struck. I wouldn't want to go through the experience I had with TRMR again. I think I was lucky with TRMR like you. But one cannot be lucky all the time.
I suppose ITV & TRMR share some similarities in that they are heavily dependent on advertising for profitability.
Positive talk is good. Unless it is simply bravado. Needs to be backed up with something solid. Boosterism is for the birds.
Hopefully give the London market a pre-Christmas lift.
Some UK companies are talking about having US style remuneration packages for the top management....presumably to incentivise them even more. The age old mantra. 'if you want the best you have to pay the best'.
It should be pay linked to performance....and the performance targets should be tough and benefit shareholders (but presumably set by the BOD who also benefit when the targets are 'easily' reached). It can be a gravy train.
OMG. The 'then-bagger' comments have started, after a bit of a recovery. We can do better than that!....how about a 'tenty-bagger'?!
I wish all 'real' investors all the best. Hopefully Ofer can make everyone rich....including himself of course.
" ...I don't care who gets in power as long as they give all OAP's a 20% rise in their pensions, ....Cons deserve to lose for stabbing Boris in the back "
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It's hard to know what to say.
Stupid amount of money tp pay Forage. There should be questions asked about that. It will only lead to hyper inflation of fees for 'real' celebrities.
Even 'Dick & Dom' said "No more politicians, get us out of here!!"
VOD is an odd company. I don't know if anybody really understands it....years ago they seemed to be losing money to me & people on forums told me to forget about profit & loss and concentrate on free cash flow. Thankfully I bailed without too much of a haircut.
I wonder where the company would be if there was somebody in charge who really knew how to get things done. Perhaps in exactly the same situation....perhaps there are inherent issues with Altyn that make everything a struggle. The propensity to over promise & under deliver is a problem....probably not unique to ALtyn in mining industry.
Fingers crossed that things finally happen for ALtyn next year....ground hog day for me!
1. I've not heard of many companies putting themselves up for sale unless the management have given up....which hopefully isn't the case.
2. There were some 'rumours' about the potential sale of the Studio business a short while back. I reckon it was a ploy by the Dame to alert the market to the 'hidden' value within ITV, it worked for a while. But personally I think that would be like selling the family silver. Once the Studio's are sold the remaining ITV would be a shell. Hedge funds would love to have the Studio's....they might even make a very tempting offer but IMO it could be a huge mistake.
3. Cutting pay would be an 'obvious' simple way to cut costs. But in reality I expect it would be difficult and have ramifications. Just like bankers pay, they will argue if you want the best you have to pay the best. Personally I don't necessarily believe it.
What has the Dame done that is so very wrong?...apart from getting rid of Piers Morgan (good riddance I say), although I seem to remember that he walked out on the show & quit.
Lots of criticism of the Dame but not much suggestion on what she should be doing differently. Hopefully the poor SP performance will improve once advertising revenues improve. Perhaps we could get Elon Musk to take over....he knows how to woo the advertisors and more importantly (for some) he has b4lls!