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I'd hoped you might be able to handle a response. Alas, it seems not and you want to play the man and not the ball. Amongst your emotional outburst, you've not addressed any of the arguments, assertions or opinion I've advanced (yield curve; bank issues, etc) You've also not countered the initial challenge to your claim that you never attack, abuse, and so on. Is this an attempt at post-modern irony? Because you go on to attack and insult with...
"It's a strange way to waste your time, posting absolute rubbish on a share where you have no investment. You write like you are an educated, intelligent guy, which makes what you do even more ridiculous."
These, as is the case with much of your postings, are replete with gaping fallacies and contradictions. This is a single example from many I could have picked. But I can't be bothered to point out more of what will be obvious to most.
Nighty-night Tradey; sweet Boo dreams.
Meteorological winter is over and my 27p prediction has been proven wrong. Simple as that. Predictions are, by their nature, subject to uncertainty. Don't be so scared of trying a few!
Conveniently, in your very next post where you attempt to refute that you make stuff up, you...make stuff up. The same recycled things you have many times over.
You embellished, misconstrued or misinterpreted things I said, and then repeated your versions as if they were verbatim.
Yes, there'll still be a recession. Recession would be one of the markers that increased base rates are working to blunt inflation – it's an implicit part of treating inflation. Check out the inverted yield curve for US treasuries: this has preceeded every recession recorded, ever.
There has been some steep sell-offs over the past months, now crystallised by the failing of SVB, Credit Suisse, and others. It's not yet clear how this will play out. The contagion has been partly contained through the response so far, but bank runs are very unpredictable and can trigger wider financial crises by unexpected ways.
Boo I do think will need some capital restructure within a couple of years. They've drawn down all the revolver and I expect they'll fritter it away to limited benefit. UK revenues are in reverse, in real terms, and statutory profits for the group have become severely crimped in partial consequence. The US DC is a red herring because a manual operation (they've previously said it wouldn't be automated like the UK) shouldn't take anything like as long to establish as it has done, and it has a repeated inbuilt higher labour expense. They've lost crucial US revenue, momentum and revenue in the meantime.
Upshot is revenues for this and next year to be under £2bn, and earnings to land between -£25m and £40m. Dividends within 5 years are implausible; dilution for equity holders, which nearly always hits small PIs harder, appears more likely to me.
The magic Boo briefly held a few year ago is long gone. Savvy investors reevaluate and act according, whilst the believers freeze and sit on losses, or average down.
Hmm, but that's the same as their revenue today, and about the same as what it'll be this year. Plus margins are much lower. It's not a great comparative. It adds evidence to the theory that C19 gave Boo it's pomp which will longer term come to be seen as an anomaly.
Yeah jitters could spread more widely still. It'll take some time yet for the consequences to all play out.
It's concerning that it got very serious very quickly. Shows the strain that's new in the financial system now higher rates predominate.
Very hard to see how it could be detrimental to Boo or UK retail though, even if the equity valuations take a short term hit.
37% against something is nowhere near conclusive. Probability and statistics would look for >90% before even thinking of using that sort of terminology; much more like 95% or 99% before conclusiveness can be considered.
Look at approval percentages for remuneration packages and then compare the terminology. If a director's pay was rejected by 37% of the voters, it would be newsworthy. When pay is approved by 99% of the voters, you wouldn't be reading about it in the newspaper.
Yep, that was coming from Powell. Yield curve most inverted its been since 07 and short treasuries yielding over 5% means more pain on the way.
I never got the whole volume argument: some of the largest days' recent volume has coincided with a sharp drop in the SP. Concluding drops are due to only small volumes changing hands is contrary to the evidence. Alas, some will only see what their wishful thinking permits.
Not much balance in the article; not scientific and rational. Yet in style it has the yellow flags of pseudoscience or the pseudo-rational.
Look at how no alternative conclusions for the premises are considered. It means theres confirmation bias for every point. Great fodder for the budding conspi****** though.
It's paranoid that there are people here paid to post by bosses! In the same draw as MMs playing games and the evil shorts. Fanciful hyperbole and I couldn't take seriously for a moment anyone whose posts imply they really believe this.
Perhaps the shorts have sniffed out shortcomings with the 'Growth Plan'. I'm not so surprised the shorts are going back up tbh. The reduction looked more like crystallising profits in readiness to come back for another bite, because it's hard to envisage how the underlying business could have improved at such speed to otherwise warrant a reduction.
Yes, interesting to note that the old LTIP hasn't been cancelled either according to the report. And the incentives now kick in at 95p, rather than several times more than that. To think some on here were crowing about how good the Growth Plan announcement was!