Member Info for dflynch

"...clearly Incompetent chaps would have been sacked right away !!!"

HMG or LLOY or both?

Distribution of hydrogen. I seem to recall that some years ago there was an idea to use Pressure Swing Adsorption technology to extract hydrogen from domestic gas supply. The proposal was that the domestic gas supply would be enriched with hydrogen and that PSA technology would be used at “filling stations” to extract and store purified hydrogen for use in fuel cells / hydrogen powered vehicles. I understood that enriching the domestic gas with hydrogen was not a problem (level of acceptable enrichment not known) for current domestic gas boilers. Furthermore, the PSA technology returned the domestic gas used – less the extracted hydrogen – back into the domestic gas supply after processing. I don’t know if this is still under consideration as a practical solution for distributing hydrogen.

On TRMR it has been active for donkey’s years. Another company with great potential! So, its not a bot – more a clot!

Well you could have a 4 or 8 times return on an investment within the year with a William Hill bet.

When will Boris Johnson officially leave the post of UK Prime Minister?

By the end of 2020 is 4/1, and interestingly the end of 2021 is 8/1.

So, if he fails at the CV19 hurdle you could have a 4 bagger investment within a year.

You could also hedge your investment with a further punt that it will be failure at the Brexit hurdle that brings him down. In this case you could have an 8 times return on your investment, less your investment that he will fail this year.

You would of course forfeit your hedge investment if he failed in 2020, but this would be offset against your 4 bagger reward.

You could have course lose your invested stake entirely if he survives beyond 2021 – but that’s a risk in all investments.

TIC - No advice intended please do your own research.

In years past I’ve been offered a vaccination to protect myself from flu. I recently have turned the opportunity down as previous experience was that they have made me poorly. So, my question is are we placing to much emphasis on vaccinations being the best way to deal with CV19 defence? The cure can be worse than the cause and may be a long-time coming, if ever; and the effect of prolonged current counter-measures already appear devastating to the far-sighted!

Another disastrous decision.
AGREED as any decision made by the HIGNFY team at no 10 seems to be consistently farcical.

Dropping the Stay at Home message to Stay Alert.
AMBIVALENT the implied message being get back to work and normality – at last a move to save the economy!

The Muppets out there will read this as... we're allowed to have family get togethers, BBQs, day's at the beach etc.
DISAGREE as those “Muppets” will be able to apply common sense, their own appreciation of risk and the requirement to be personaly responsible for their own respiratory and hand hygiene in making their decision. It is the freedom to make choices, speak and enjoy unfettered liberty that so many made sacrifices over the past century!

This Government is completely unfit for purpose!
AGREED and once Brexit is finalised at the end of this year I believe we will see significant changes regarding the HIGNFY team at no 10!

Not sure how Boris is pandering to the pensioner vote., however, the following is fromone of the "pandered too!"

HMG’s 2011 pandemic strategy foresaw up to between 210,000 and 315,000 additional deaths over a 15-week period resulting. The strategy was based on these figures and required that individuals be made aware of, and became responsible for, personal hand and respiratory hygiene. The strategy placed critical emphasis on maintaining normality in order to protect the UK economy and society. The strategy document argued the case against social-distancing and business closure. It dismissed the use of face masks and placed responsibility on the informed individual for implementing the required measures to deal with the outbreak. The strategy document was well researched by academia and the underlying detailed science remained unchallenged, on publication, and subsequently. It was tested as part of Cygnus. It was initially implemented earlier this year to deal with CV-19.

Setting aside the debate on the accuracy, completeness and timeliness of the current statistics on CV-19 morbidity only circa 10% of the anticipated morbidity in the 2011 strategy has occurred.

I recall in 1968 the UK experienced a flu pandemic that killed an estimated 80,000 people in the UK. The measures crippling the UK under the current dystopian strategy were not implemented then!

The change to a dystopian knee-jerk strategy may have saved the political embarrassment of having the NHS overwhelmed by flattening the demand curve. But at what cost? UK treasure has been spent on nugatory effort. The economy looks set for a car crash – albeit the world’s stock-markets presently seems to be coping in dis-belief at what will happen. Society faces future disruption as the breakdown of social norms occur, unemployment increases and pressures on the NHS from other health issues expand. Contrast UK measures with those of Sweden’s approach which appears to have been aligned with that of the original UK strategy.

The prime focus of HMG should now be to revert to the original strategy with its emphasis on individual informed responsibility to deal with the CV-19 issue. The media should be reminded that fear, confusion and coercion of the public is not the way ahead – the future of the media will be a future casualty of what is happening.

And now we have reported by the media the proposed 14-day quarantine period for anyone entering the UK after the 1st of June!

Risible, un-workable and too late.

The HIGNFY team in control of HMG CV19 strategy are clowning about whilst the UK economy and society suffer.

I believe we ALL have all had enough of this farce!

Cometh the time cometh the man – but I can’t see who that will be at the moment!

14-day quarantine
!
Risible, un-workable and too late.

The HIGNFY team in control of HMG CV19 strategy are clowning about whilst the UK economy and society suffer.

I believe we have all had enough of this farce!

Cometh the time cometh the man – but I can’t see who that will be at the moment!

Risible, un-workable and too late.

The HIGNFY team in control of HMG CV19 strategy are clowning about whilst the UK economy and society suffer.

I believe we have all had enough of this farce!

Cometh the time cometh the man – but I can’t see who that will be at the moment!

Risible, un-workable and too late.

The HIGNFY team in control of HMG CV19 strategy are clowning about whilst the UK economy and society collapse.

Cometh the time cometh the man – but can’t see who that will be at the moment!

Risible, un-workable and too late.

The HIGNFY team in control of HMG CV19 strategy are clowning about whilst the UK economy and society collapse.

Cometh the time cometh the man – but can’t see who that will be at the moment!

In a resignation statement, Prof Ferguson said: "I accept I made an error of judgement and took the wrong course of action. …I have therefore stepped back from my involvement in Sage (Scientific Advisory Group for Emergencies).”

He certainly made a catastrophic error of judgement in advising HMG such that they implemented the dystopian strategy from which we Barclays shareholders are now suffering.

He further states that he "… acted in the belief that I was immune, having tested positive for coronavirus and completely isolated myself for almost two weeks after developing symptoms.”

I have no problem with his judgement regarding his acquired immunity and consequently see no reason why he should have continued toeing HMG’s dystopian propaganda regarding social distancing and self-isolation.

Surely it is the individual, with knowledge of the correct facts, who should decide their level of social interaction – it used to be called freedom of choice – what happened to it?

In a resignation statement, Prof Ferguson said: "I accept I made an error of judgement and took the wrong course of action. …I have therefore stepped back from my involvement in Sage (Scientific Advisory Group for Emergencies).”

He certainly made a catastrophic error of judgement in advising HMG such that they implemented the dystopian strategy from which we Lloyds shareholders are now suffering.

He further states that he "… acted in the belief that I was immune, having tested positive for coronavirus and completely isolated myself for almost two weeks after developing symptoms.”

I have no problem with his judgement regarding his acquired immunity and consequently see no reason why he should have continued toeing HMG’s dystopian propaganda regarding social distancing and self-isolation.

Surely it is the individual, with knowledge of the correct facts, who should decide their level of social interaction – it used to be called freedom of choice – what happened to it?

Bank Holiday Monday

Que?

next Friday - not that you'll notice.

"... our monthly salary bill remains a substantial proportion of our overall costs and therefore, with huge reluctance and after much thought, we have asked all colleagues (including Directors) to take a pay cut of up to 30% for the 6-month period from 1 April 2020 until 30 September 2020. Additionally, performance related bonuses earned for the financial year ended 31 March 2020 plus the Discretionary Colleague Profit Share Scheme, will not be paid. Finally, the Board deems it inappropriate to recommend a final dividend for the year ended 31 March 2020 while making use of the Scheme."

The proper way of doing it?
Extract from DTG RNS

Shareholders as part owners of the company can vote at an AGM thus enabling a shareholder the opportunity to determine who should be the directors, WHAT THEY GET PAID (salary, bonuses, share options etc), whether they can issue more shares and many other important aspects!

If the shareholder holds a paper share certificate, they will receive a notification of the AGM and resolutions to be voted on. This will allow the shareholder to vote either in person, by post or electronically.

If a shareholder’s shares are held in a nominee company account, the name of that nominee company will appear in the books of the company registrars as share owners and not that of the shareholder. Technically the shares belong to the nominee company - the shareholder retaining the beneficial and, importantly, voting rights to the shares.

There is no requirement for a stockbroker or nominee company to notify a beneficial shareholder of an AGM and the resolutions to be voted on. However, the better-quality stockbrokers will provide notification of an AGM and the facility to vote on-line upon the resolutions before the AGM.

There is a legal requirement that the voting instructions of beneficial shareholders holding shares in an ISA must be followed. Therefore, for the stockbrokers unable to provide a notification and on-line voting facility it will be necessary for them to pass the shareholders written voting instructions to the nominee company for action. Unfortunately, whilst there is a legal obligation for beneficial shareholders voting instructions to be followed there is at present no guarantee that these will be correctly actioned – only an acknowledgement that the shareholders instruction have been passed to the nominee company.

Generally, the votes of nominee companies support the passing of resolutions – it is the easiest, and laziest option for the nominee company. It follows that if you don't pass a voting instruction to the nominee company you wish to support and vote with the Board of Directors.

Therefore, if you wish to protest and make your vote count at the next Lloyds Bank plc AGM it will be necessary to research the requirements of your stockbroker to ensure that your vote is registered and counts – it is one share one vote!

Apologies if I am teaching Granny to suck eggs!

Quilter will hold its AGM on 11 May 2020. The Board of Directors has reviewed and continues to recommend approval of the proposed final dividend per share of 3.5 pence. As a significant provider of retirement solutions to the UK public, Quilter believes companies who are able to do so should maintain dividends which provide important income for pension plans, particularly for those individuals in retirement.

Says it all! HMG, BoE, PRA, FCA and BoD take note.

Quilter will hold its AGM on 11 May 2020. The Board of Directors has reviewed and continues to recommend approval of the proposed final dividend per share of 3.5 pence. As a significant provider of retirement solutions to the UK public, Quilter believes companies who are able to do so should maintain dividends which provide important income for pension plans, particularly for those individuals in retirement.

Says it all! HMG, BoE, PRA, FCA and BoD take note.

Quilter will hold its AGM on 11 May 2020. The Board of Directors has reviewed and continues to recommend approval of the proposed final dividend per share of 3.5 pence. As a significant provider of retirement solutions to the UK public, Quilter believes companies who are able to do so should maintain dividends which provide important income for pension plans, particularly for those individuals in retirement.

Says it all! HMG, BoE, PRA, FCA and BoD take note.

Boris is a part-time “prime minister” spending most of the time since being invited to form a government by HMQ away from the job!

Not a great problem normally – provided that the team he leads have a clear vision and understanding of what has to be achieved and when. Further provisos are that the team members are competent, co-ordinated and act as a team.

Ronald Regan was a “B” movie actor, generous with the jelly babies, but not ideally qualified to be a state governor nor POTUS. However, he is regarded as having been successful in these roles. Why? Well he had a good knowledgeable and competent team behind him. He was an amicable guiding hand who had a shared vision with his team of where the US wanted to go, and how to get there. Together, he and his team were successful in looking after the interests of the USA!

Compare this with the present UK cabal that has a TV comedy show panellist in the van and you begin to see the problem!

HMG are presently battling with many sub-issues of a major problem. A bit like the swamp full of crocodiles where one tends to spend all the effort in fighting individual crocodiles, forgetting that the objective should be to simply drain the swamp!

Many of the current issue can be resolved once HMG provides clarity of its objectives. Returning to normality immediately is akin to draining that crocodile infested swamp!