Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi Mands, did you top up at 103p? Putting your trust in this excellent company and its hard working workforce?
Now now, stop the temper tantrum, not straightening your Zimmer again or regluing your wig. 8-))
I want a bid i want a bid i want a bid i want a bid boo hoo need bid need bid need bid need bid need bid need bid need bid need bid need bid need bid cont....
See Mands how mind bogglingly boring your posts are getting.
Sorry folks not a lot worth reading atm. Will look in again when law decided.
Mands I agree. Ofcom and Gov have been complicit in the destruction of BT SP. Interest rates and covid have not helped. The pension is probably the main worry but again time and interest rates will help.
Went over a new route yesterday which lifted my spirits. Between Kirbylonsdale and Sedbergh. Huge water fall was seen and truly beautiful with a good pub further up the road, splendid. If a bid comes in next two years I will buy you a beer in this pub and shake your hand. If not then its your round. Untill bid or two years are up would you mind leaving Bid topic alone for a while? I think there is more chance of finding Lord Lucan than a bid forthcoming. GL.
Well Mandy I could not get to sleep, some one had pinched my dummy. Err, the rubber one not you dear Mands.
Yep our life span is not infinite so why spend the last years being bitter? praying for a bid which IMHO will never materialise. If BT is as bad as you say who would want to bid and why? reasons please.
I to am way under water with BT, second worst share I have held. But I will not let this cloud my life, attack others who have a more level headed outlook, let it lift my blood pressure, Generally let it spoil latter years with bitterness.
Now please do not throw your Zimmer frame about again, chill out and bring some new info not the same old "Bid" BS. There's a good chap.
Read this from another posters link on a different BB-
“A short quiz: If you plan to eat hamburgers throughout your life and are not a cattle producer, should you wish for higher or lower prices for beef? Likewise, if you are going to buy a car from time to time but are not an auto manufacturer, should you prefer higher or lower car prices? These questions, of course, answer themselves.
“But now for the final exam: If you expect to be a net saver during the next five years, should you hope for a higher or lower stock market during that period?
“Many investors get this one wrong. Even though they are going to be net buyers of stocks for many years to come, they are elated when stock prices rise and depressed when they fall. In effect, they rejoice because prices have risen for the ‘hamburgers’ they will soon be buying.
“This reaction makes no sense. Only those who will be sellers of equities in the near future should be happy at seeing stocks rise. Prospective purchasers should much prefer sinking prices.”
Mandy, basically buy low and rejoice at low SP. 8-))
WoW SOM, looks like you have recharged your batteries and ready for round two. I have a better idea, why not be more consolatory ,less abusive, and TALK to posters? That way you might be invited and allowed into beautiful Yorkshire.
I will start you off, -Good morning SOM, how are you? What is your opinion of BT slowly climbing back up the valve ladder as I think it will happen once fibre completed, interest rates drop and pension under control.
I cancelled SKY years ago. This was due to above inflation rises which when I called to cancel Sky adjusted down their price. What was final straw was watching a Sky program that was packed with adds. After adds the commentator then went over what was said pre add break which wasted more time and I found infuriating. A 1 hour program worth about 35 mins and being charged for this. Enough, not paying for adds.
Aus, Why did you end a reasoned post with "You’re dangerous."? No need what so ever.
I do see Fleccys point. Debt will reduce as inflation takes its toll, and the massive roll out nears completion. By nature and payments the pension debt will be serviced and reduce. Yes there will be a reduction in customers to competition but this is VS a vast reduction in costs. Broadband speeds will improve, hindered atm by the removal of Huawei equipment, a massive task.
BT seems to be maintaining its divi atm and at these low prices is a good yield. IMHO given the freedom to operate BT will become an excellent and reliable source of income. DYOR and let peace prevail.
I believe companies are leaving the LSE due to a crushing and repressive tax burden being imposed by H M Government. They are taking most gains one way or another so why risk capital? The Gov will kill share holding just like the pub industry by over taxing. Don`t worry about any small profits you are allowed to keep, councils will soon mop that up. Just my opinion.
Not surprised this bank is in the doldrums, 15 years and counting. Just tried to order my 89 year old mum a new cheque book.
local branch closing.
Online er no at 89 mom does not do online.
I know i will talk to someone...er... no No one answers phone, sent round houses by pi55 you off number selection.
Email again no
What an absolute set of self indulgent to55ers. No wonder Barclays is the pits.
Two months after one of its bankers accidentally sent nearly $1 billion to the wrong people, Citigroup agreed to pay $400 million to federal regulators over long-running problems keeping its daily operations under control.
The regulators — the Federal Reserve and the Office of the Comptroller of the Currency — said Wednesday that Citi had been engaging in “unsafe and unsound banking practices,” including in its programs to catch money launderers.
Citi had failed to fix problems that had been identified over a period of years, the regulators said. The O.C.C. called the bank’s deficiencies a “longstanding failure to establish effective risk management.”
Citibank is in the midst of a major transition — its chief executive, Michael Corbat, will step down early next year and be replaced by Jane Fraser, Citigroup’s president — and must now make improvements to satisfy both regulators. Among the necessary steps: making its executives’ roles clearer and creating a stronger link between their pay and their effective stewardship of the bank.
“We are disappointed that we have fallen short of our regulators’ expectations, and we are fully committed to thoroughly addressing the issues identified,” the bank said in a statement.
The regulators’ actions come amid an embarrassing scandal in which a Citi banker accidentally wired $900 million to a group of lenders to the beauty products maker Revlon. The bank is struggling to recoup the money; it sued the hedge fund Brigade Capital Management in federal court in Manhattan to force it to return $175 million, but Brigade is claiming it is entitled to keep the money.
The Revlon mishap is not Citi’s only recent error. The O.C.C. cited the bank’s violations of the Fair Housing Act in 2019 and the Flood Disaster Protection Act earlier this year, and attributed both to Citi’s inadequate risk management procedures.
The bank has also had trouble keeping track of the flow of illicit funds through its accounts. Over the past few years, it has grappled with problems in its Banamex USA unit, where prosecutors in 2017 said drug smugglers were using the bank to sneak dirty money into the United States from Mexico. Citi paid more than $97 million to settle a criminal inquiry into Banamex.
The $400 million penalty is being paid to the O.C.C., which is also requiring Citi to quickly create a new committee, comprised mostly of nonexecutive board members, to preside over a risk management revamp inside the bank.