The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Shipwrecked - I'm intrigued to understand your thoughts as to why the UK government would seek to suppress the population to such point that they run up £60bn debt in April alone, and run the risk of crippling the UK economy, which will take many years to recover from. I'd also intrigued as to why you think large pockets of the rest of the world also seem hell bent on doing the same - 'financial ruin to suppress its people' doesn't seem a worthwhile exercise to me. Really, what do the governments gain from this?
To me using isolation/social distancing etc in an attempt to limit deaths caused by a highly virulent virus seems much more plausible. Maybe I'm sheeple?!?
Bartlebobton - Err try reading my posts again. Where did I try to censor you? I acknowledged this is a discussion board and you have a right to respond to ADUK - I should add and anyone else for that matter (that is the post timed at 1804).
I asked you why you continue to respond to someone who has you on filter (seems a bit pointless to me) and commented on the cowardly nature of making snide remarks at someone who won't see them.
ADUK, of course I recognise it is up to him/her if they wish to respond to your posts. It is a board for discussion after all. It's the sarcastic and snide remarks that frustrate me as they are directed at someone who won't see them. As I state, it's a bit cowardly for my liking. Each to their own though I suppose.
Gents, why not wait until the end of the trading day to assess the share's performance?!?
Bleating about it being down after 45 mins of trading may be a little premature (as I type HL has AV. up 1.61%).
I acknowledge it could go down further, or of course, it may finish up.
Caitlin1 - yes, I suspect the drop in SP was purely down to your posts on this forum.
So, in light of all these late large volume purchases, what do we think is going to happen? I appreciate nobody has a crystal ball, just curious as to what people think is brewing.
Serious question, DC. You continually complain about the SP, its decline over a number of years, and show a lack of trust in the BOD. You continually compare Aviva to its competitors when they outperform it, and I've yet to hear you say anything positive about Aviva. I suspect you're underwater and I get it that nobody wants to accept a loss.
But, to reiterate, this is a serious question, if Aviva is so rubbish and its competitors are better why haven't you re-invested your funds elsewhere to re-coup your losses? I'm genuinely intrigued why you remain invested. Do you think long-term Aviva will climb to the top and outperform LGEN/Admiral/DLG etc?
Bald_Eagle - I go out for a run and time it so that as I'm returning home, the masses are out applauding the NHS. Naturally I treat it as applause for me and wave back at everyone and throw in a bit of punching the air for good measure - its a bit like the scene in Rocky II
Same here.
Risehall1 - a quick search shows Australia's population to be around 26 million whereas the UK's is about 68 million. Now consider population density; given Australia has a land mass about that of continental Europe, and a much bigger spread between larger population centres with vast areas of nothing. It isn't difficult to conclude that it may be a little easier for Australia to contain a highly communicable disease that spreads from person to person.
We can make statistical comparisons all day, but as reported daily, various nations don't measure their statistics the same way, so you're not comparing apples with apples.
I'm not suggesting the government couldn't have done better, and no doubt we'll learn much after this event is all over, but I would suggest that is the same of every other nation. As a nation we seem to cope with the winter flu that hits us every year. We have vaccination programmes in place in a timely manner an the NHS isn't over-run. It is much easier dealing with a known threat. How do you plan for and tackle corona virus when it is new, you don't know how to counter it, you don't have a cure for it etc?
Scottiemalottie - spot on my friend. The media have lambasted the government for lack of PPE, citing care homes as a specific example. As you've pointed out the owners of private care homes charge high fees (£700-£2000 per week reported on the news; I don't have the link) for their residents and, from a few people I know who work as carers, the pay isn't good. In private care homes it's the owners' responsibility to provide PPE. I don't dispute the fact there has been/still is is a shortage of PPE, but we have to accept there will be a shortage when there is a huge global increase in demand that supply cannot meet in time.
But aren't the results for a period prior to the covid era, so will contain little if any of the fantastic covid-related work NCYT have completed?
In other words, are people expecting a stellar report when in reality it will probably be fairly average (not that I'm trying to criticise NCYT's non-covid activities)?