Member Info for DavidYli

Fear mongers. It's either Covid will result in 500,000 deaths per day or inflation will reach 22%. Why the MSM is gagging for a recession/depression is beyond me. PSN at £4? Please! Slither back into that cesspit from whence thy came ... and don't forget your mask.

Full employment. Since when does a recession occur when there are more jobs than people to fill them? The only way we go into a recession is if the dinosaurs running the central banks, supported by the clickbait hungry MSM, push us there. The world is gagging for a recession for some peculiar reason and it simply won't happen. All the fearmongering, lockdown supporting, outside mask wearing dummies will then fade away and look for the next monkey pox scenario to moan about. Human nature I'm afraid and when the Americans come to steal our company they will get it for a song.

The BBC are fear mongers. If its not Covid its Ukraine, if its not Ukraine its the weather, if its not the weather its inflation, if its not inflation its a recession. They are happiest when scaring gullible punters who have now been brow beaten into believing there will be a recession or ever depression ... ridiculous.

I wonder if anyone will say "Duh! I was wrong." when the dividend is maintained?

Someone will whack Putin and all will be right in the world again.

Choo choo!

The paranoid selling of Persimmon is ridiculous and this too will pass. We are a solid, vertically integrated builder, with no debt, on an island with a finite supply of properties selling to a population gagging for houses ... and they aren't going to touch the dividend. I wish the fear mongers trying to talk us into a recession would just crawl back into their holes and mope amongst themselves.

Putin could have crushed Ukraine in less than a week if he wanted to ... but he didn't. He wanted to crush Western economies instead, knowing full well that the reaction that has occurred would occur. Energy goes up, inflation goes up and the West is thrust into recession. Job done. He is ex-KGB after all.

Did Bloomberg happen to mention that there are more jobs than job seekers at the moment. No. They're hell bent on talking us into a recession one way or the other.

The markets are regularly wrong. Look at K3C or PSN for example, to name but a few.

Good news is bad news these days. BlackRock will be gleefully filling their boots today.

Of course it will. They will release outstanding results, the stock will drop and BlackRock will continue to build their position on the cheap from short sighted, paranoid investors. We are vertically integrated, with zero debt in a country gagging for homes yet the market only sees the end of the world. It's so stupid at the moment.

I just hope and pray he doesn't pull a Bacanora Secker. Certainly don't need another Chinese shafting.

The market will eventually realise that we are ridiculously undervalued.
“The UK’s financial and professional services sector roared back to growth last year after a pandemic induced contraction in 2020, a new report has revealed. The sector notched year-on-year growth of eight per cent in 2021 following a contraction of 0.6 per cent in 2020, while total industry output in 2021 reached £261bn, up by £19bn year-on-year, according to a new report by industry body the CityUK. Collectively the sectors accounted for 12 per cent of total UK economic output, up from 10 per cent in 2020, the report found. Chief economist at the CityUK Anjalika Bardalai said the sectors had ‘weathered the challenges of the pandemic period well’. ‘Its relative stability reflects the essential enabling role the industry has within the wider economy, and the continuing strong demand for its products and services within the UK and beyond,’ she said. She added that resilience shown through the pandemic made it ‘well-placed to withstand the myriad economic and geopolitical challenges’ set to rock the UK economy this year. Industry employment also remained relatively resilient throughout the pandemic, with around one in every 14 UK jobs employed in financial and related professional services in ‘high-skill jobs’, the report found.”
Source: City A.M. - THURSDAY 30 JUNE 2022 6:00 AM
https://www.cityam.com/uk-financial-services-roars-back-after-pandemic-slowdown/

Because the world is terrified at the moment. Amazing buying opportunities exist … shame I’m fully invested.

Brilliant results! Should help stem the decline to only 5% today.

Nah. It will drop to £15 and BlackRock will swoop them up for £20 making mugs of us all.

Unemployment low and job vacancies high. Price will probably drop to £15 maybe £10.

I am struggling to understand how raising interest rates will curb inflation when it is the price of oil that is causing the cost of living to rise so much. Higher interest rates will do nothing to reduce the price of a barrel of oil hence inflation will only accelerate because of higher borrowing costs. I fear that the Fed and Bank of England are run by dinosaurs and we are fcuked.

People are not going to cut back on what they love and love to do. Other things may be cut back but not those things that define who they are. The current Future share price is stupidly low.
'Future Plc engages in the publishing of special-interest consumer magazines and websites and the operation of events in the areas of technology; games and entertainment; music; knowledge; creative and photography; field sports; and home interest. The firm operates through the U.K. and U.S. segments. Its brand portfolio includes techradar, T3, Gizmodo UK, Lifehacker UK, MacFormat, Mac Life, Maximum PC, GamesRadar+, PC Gamer, Kotaku UK, Edge, Total Film, SFX, Guitarist, Total Guitar, Guitar Techniques, Rhythm, Computer Music, Digital Camera, N Photo, Photo Plus, Professional Photographer, Photography Week, Creative Bloq, Net, Computer Arts, ImagineFX, and Generate.'