focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Despite all the awful news, is the maritime focused group worth a punt at these levels ? LOL but seriously, 1.5p looks tempting ...
Yup, skeletons under the bed, not images of a blond female banker much loved by some posters on this board !
A data breach whistleblower has NatWest files under her bed containing current customer details, contrary to the bank’s claims that it is historic information. The former worker has been in dispute with the bank for more than 10 years over the confidential paper based customer data files stored in her home.
In 2006, the data was sent to the worker’s home as part of a work arrangement – in breach of data protection rules. The worker was given the opportunity to work from home and, on the bank’s instructions, used customer banking information to generate mortgage and loans. Over three years, she received thousands of paper documents, many of which – about 1,600 – are still stored in her home. Seems bank will not settle dispute with her to get them back ! Just the publicity NWG needs. Obviously some of the mortgages are still running... Come on NWG, earn your bonuses and pay this lady off.
No Rose tinted specs here. Amazing that even after all these years, Natwest is in the second division for Resolvability - ie how it would be wound down in upcoming crisis without Gov support. Irony indeed. Well done Santander for showing how its done.
Surely repayment of the expensive loans taken out to continue the legal battle will swallow up the 'massive return' if TAN win ? Even if TAN win, where is the working capital to continue coming from ?
At time of Gulf Mexico disaster, OBarmey had a hard look at BP and found that US holders had about same percentage of shares as UK holders (38% ?). If UK takes bite out of BP, US would surely follow IMO...
JDW puffed by Fool - usually kiss of death. States JDW is a bargain, well-run business with an attractive model, which is simply in a sustained period of difficult trading conditions. Expects underlying strengths to reassert themselves. IMO they have got it right for once ...
I therefore think the company looks cheap at the moment, with its market capitalisation of £915m. The company’s freehold and long-leasehold property alone is valued at £1.1bn and has not been revalued in over 20 years. Its business has a large, loyal customer base and its focus on low prices could help it do well, even in a recession.
I see the current JD Wetherspoon share price as a bargain and would consider buying more to hold in my portfolio with a patient investing mindset.
Blimey, just come back from 10 days away to find BP have undercut all the usually cheaper brands (Tesco, Sainsbury, ASDA). Should help motorists feel less inclined towards windfall grab.
Good news indeed. More bikes in China than anywhere else in the world.
Pub take on sp drop. Inflation is bonds worst enemy, and banks need to hold certain level of bonds. Inflation up, interest rates up, bond yields rise and bond prices fall. Banks then need to buy bonds to make up shortfall, result being less cash available to distribute. Bank sp drops. Time for another pint. Cheers everyone.
Successful implementation of price increases running ahead of raw material and energy cost increases proves that I was completely wrong. Not often I am so pleased to be wrong...
No one daring to answer ? Its true, RNO screwed by Putin. Now loss making or on verge of extinction IMO.
Completely ****ed as I write this bull shut but it has to be shed, that price of cod has gone thru roof due to English fishermen selling the lot to the frogs and UK not able to buy it from the russkies anymore. It really has doubled in price and to make matter worse, vegetable oil has doubled in price due to not being able to get it from Ukraine anymore, and due to owners of old diesel motors filling their tanks with it because its so much cheaper than at the pumps - sadly all true. To make matters worse, pubs in Kent are having not just their oil stolen but even the waste oil stolen (apparently it can be filtered). Thirdly, Fishi Rishi has increased VAT and minimum slave wage. Moral of the story is that independent pubs do not stand a chance of surviving in this environment. Wetherspoons will be the last man standing. Yabbadabbado
7 fold increase in energy prices is going to screw just about every smelting/engineering company in europe, not just WRES. Time to sell just about any company in these sectors (can think of at least 10 in UK alone). Mastermind did his best against incredible odds but lets face it, it was Putin who finished him off. Shame really, but there you go.