RE: UK Geopolitics £1400 to £150019 Aug 2024 08:30
Share price taking a breather today. Maybe someone thinks there'll be peace in Gaza, Iran and Israel will become besties and Hezbollah will find love ?!!
RE: A question for those uncomfortable holders.18 Aug 2024 21:45
Thankfully notrex, only those who haven't filtered genius gg and can't resist reading his words of wisdom !! I have been tempted to have a peak at gg's golden words, but ..... !!
Yes Weirdpal, these analysts, much like old dears, meet up for a cup of tea and maybe a scone, they release the tea leaves and get the other customers to come with ingenius forecasts !! Then when their forecasts are wrong they blame the tea leaves !!
Notrex, you highly insult our DEC board genius !! Our grey genius knows sooooo much better than everyone !! I'm so much in awe of him/her/they/it that filtering was my only option to allow me to think outside the greygeorge sphere !!
Fordm, "the US is not going into recession, it already is in one." You have incredible knowledge !! The SAHM statistic apparently kicked off all this fuss last Friday. Fortune magazine 2nd Aug article gives Claudia Sahm's, creator of the Sahm stat., opinion of the current situation, worth a read, she disagrees with you : https://fortune.com/2024/08/02/recession-indicator-claudia-sahm-rule-trigger-unemployment-rate-jobs-report/
SimonPH, scaredy cats selling and those who think they can time the market to buy back in lower. I'd rather let it ride, as you say volatility favours cmcx.
TerryM1, if a cut is so urgent then why not do so in Aug ? Surely these FED 'professionals' can spare a day of their precious holidays, working remotely, to action an Aug 0.25% cut ?
Trello, no-one really knows what lies ahead. So many of these financial firms can't help themselves stirring things and playing the suggestion psychology games !! I guess that's why I stick to mainstream commentaries and avoid the multiple "experts" on whether there'll be an "R" or not in the near future. I can see Harris getting in and interest rates lower by 0 50% in Nov. Markets are simply correcting a bit now as they advanced maybe too fast.
Longtimeinvestor, me too at c 635.5 p. There's talk now of maybe a 0.50% US interest rate cut in Sept and once these ideas start the Market could start moving up again. It's amazing how surprised the Market is at the US stats on Employment and Claims and Manufacturing whilst that is the intention of higher interest rates to cool the economy so that interest rates can start dropping again. I realise that some worry that Central Bankers wait too long before they start easing, but weak stats should be expected before easing starts. Maybe they'll start in Aug with a 0.25% drop ?
Money_Hoarder_1995, IF you had sold at £7 would you buy back in time before it shot above the £7 again though en route to £8 ?!! Would you hesitate thinking it may go lower again and end up missing the rebound. ...? !!!
RE: Iraq Signs Deal with BP to Develop Kirkuk Oil and Gas Fields1 Aug 2024 17:58
Meoryou, you may very well be right. There could very well have been a clinical strategy by UK politicians and media to discredit Oil and Gas companies so that taxing them criminal amounts would be popular amongst the general populous OR one simply followed the other as it would be easier to criminally tax. Surely the large Oilies could come up with a Charm Offensive though, ie effectively play the populist politics game, considering the large resources they have ? If they became more popular to the general public then it may be more difficult for HMG to criminally tax them ?
Vesaboy, to avoid CGT: Don't sell, if you do sell then sell some others with losses, Emigrate to lower tax regime and wait until not UK ordinarily resident then sell if you wish, Die !!, I won't suggest tax evade !!
RE: To the Energy (Oil and Gas) Profits Levy30 Jul 2024 07:57
Weirdpal, As we saw yesterday, Reeves is in self denial and blames the Tories for any problems (which had been visible) so she won't get any better !! I'm fascinated to see how their UK Energy entity gets on !!
Sharefall, the war could drag on for years yet, do people think it's going to end soon and this is driving the share price up currently ? Any deal with Putin is worth nothing, he's psychopathic and will break any so-called 'Peace' deal.
LWHL, don't mind any tea leaves if this keeps rising, been waiting a while for it and looks like BATS has entered a new growth phase as it transforms from tobacco to new generation products. Its BBacks are also being felt and Div is superb. Firm long term hold is still on.