Member Info for driftking27

Recession.. there’s a very big chance of inflation going north this year. Then prices of food/ commodities will rise.

I second this.

If FEDS / BoE lower rates which i very doubt (if they do, they need sacked ), inflation will rise, and we’re back in that nasty cycle again.

Thus, we will be staying at these rates for a long time.

On different note, If TRUMP - ET go about setting these tariffs on UK, smaller company liquidations are going to rise further than what we have at present.

Im still here, only adding if we detest 4000p

VOD, LGEN, RIO are nasty buys.

Would not touch RIO, BP, VOD nor LGEN with a barge poll at the minute.

They have lost direction and leadership…

They all have SELL all over em with strength of pounD.

Furthermore RIO / BHP is expected to decline again with up coming earnings.

I would have waited for an actual market fall to buy these..

Best of luck anyway, but those are bad choices. ZERO growth in em

Last word… you certainly do t want to be owning sterling.

Iv had a brief look at borrowing-costs over 10yrs and 30yrs back to a certain To y Blair.

We’re actually sitting at higher borrowing costs to then!

That’s scary.

Pound is doomed, UKEURO here we come!

Hej, Poker chips. You mentioned the last couple days you were betting on lowering interest rates in UK.

US are now worried about not just no reductions in rate cuts, but rate hikes as of last night.

Rising inflation is happening, and it’s a reality.

December jobs report has Wall Street starting to talk about rate hikes in 2025, hope not, and that rates just stay where they are.

Thus inflation is calmed…

To those who think this is a buying opportunity.

Markets have not had the hit that everyone knows is round the corner, especially the hedge funds and BRK.

BRK still has close to $350bn in cash waiting for something special to happen to spread as current valuations are still not cheap enough.

Wait until we see a 10%drop in markets, not when you come across a £10k or whatever..

i believe end of March start of Financial-year there will be proper bargains, certainly not LGEN it’s done nothing but built up lots of disgruntled people passing comment back n forth…

We have to wait to see what these TRUMP tariffs do have on UK for sure…

Just want to put my pennies worth to your bet that there will be Interest cuts later this year.

With food prices and wage rises still happening, there will be no rate cuts in my view.

US are doubting too of possible cuts, I’m sure i read somewhere start of December there could actually be rate rises due to rising inflation foreseen.

I just read this too to add to my views

It forecast food price inflation would rise from 1.8% last month to 4.2% in the latter half of this year, and that price rises will continue for vegetable oil, orange juice, butter, and coffee. It added that overall shop prices, which have been falling, will start rising again.

But the Treasury said the independent Office for Budget Responsibility had forecast that food inflation will stay below to 2.2% this year.

This is going below 2000p it’s not oversold on this news.

It’s a FACT, smoking obesity and alcoholism are contributing factors to Cancer.

Next it will come to foods too haha …

You need to do a bit more research mate.

Come back when youv read time line of affairs . It did say this would take TIME.

https://www.investegate.co.uk/announcement/rns/aviva--av./offer-for-direct-line-insurance-group-plc/8626636

A short extension to the customary 28-day period for publication of the Scheme Document has been requested of, and consented to by, the Panel having regard to, amongst other things, the time required to report on the new Aviva 2025 Profit Forecast, the availability of Court dates and ensuring that the Scheme Document contains the most recent information as at the time of the Court Meeting and General Meeting. Accordingly, it is expected that the Scheme Document containing further information about the Acquisition and notices of the Court Meeting and the General Meeting, and which will be accompanied by the Forms of Proxy, will be published beginning-mid February 2025. The Court Meeting and General Meeting are expected to be held in March 2025. The Scheme Document will specify the actions to be taken by Direct Line Shareholders and will contain an expected timetable for the implementation of the Scheme.

· The Scheme is expected to become Effective in mid-2025, subject to the satisfaction or, where permitted, waiver of the Conditions set out in Appendix 1 to this Announcement.

It’s not all on UK, look at China building all these power stations with fossil fuels. It’s a laugh yet again we’re forced to follow something that will never happen.

A little alike EV, can you see every house hold owning an EV, with said power cables trailing out their house to charge said EV! Doubt it. Safety issues are involved …

We will never have a ZERO emission happen anywhere, especially as 3rd world countries just can’t afford it due to infrastructure costs?

This has further to fall in my belief. At 18.8 x earrings

Looking at 1000p to rebuy more at 16 x tearnigs.

Curretly ftsetrwdrsat 19 times earnings, itttadesway above average of14-15 times earnings

FTSE

I agree. Been like that since 2019

Share price from 2019

BP down

CVX up

XOM up

SHEL up

OXY up

TOTAL up

RIO up

DEVON up

I own BP, CVX, XOM and OXY along with RIO too in commodities.

If it’s higher dividends in commodities, grab RIO not here..

TOTAL

Afraid most might disagree. We NEED growth with BP, not higher dividends.

I have talked about this for years. The reason BP, SHELL have more or less under performed is due to higher, if not near double dividend payouts to that of US counterparts.

Dyor..

Growth comes from lower dividend stocks

Good lucky anyway

Hi all,

I hold CVX, XOM, BP in oil sector and have done for close to 15-25yrs.

In a nut shell, my view on the oil sector, is that I foresee further downside with crude price.

Reason: inflation will continue to uptick, do t have to be a genius to work this out with lowering interest rates.

This in time will strengthen the dollar, and thus crude prices will continue to suffer to downside .. $60 maybe.

This has been brought about by lack governments not intervening soon enough after 2009-2010 when rates were near 0.

The markets skyrocketed under Obama & conservatives.

They should have acted and increased by at least 25pts once in 2011 or set out a proper plan and not aided big pay days for bankers buying shares at rock bottom prices…

BUFFETT still has not made any large buys with his $330bn.

I don’t watch indices no more as a sign, but when VIX spikes to 25-30pts that’s my BUY signal

Buying another 25 NOVO on Monday.

Nothing is guaranteed in this market.

It will happen when it happens. I’m expecting it on January 6th

We all knew this was not going to happen before NY. C’mon. Bankers CEO’s et all are out partying the years end up n downs at Christmas parties. Anyone who actually thought this was going through this week was a little deluded.

It’s seriousSky under valued, but so is WHOLE of FTSE stocks.

Be careful…

I’m spreading money all over the globe that’s best plan. . . This and today bought more NOVO .

Spirax was conviction buy at Goldman I remember back in October…

My bet is they all have allgone home, or still out at the Christmas parties.

My expectations is for something in NY

Just watching the VIX gauge skyrocket yesterday. It’s been down at 12-13pts. Today up at 23 after US lowered rates.

This leads onto the market sentiment . Inflation will then rise again like it has in UK.

What would happen if market did eventually burst … Buffett would definitely go on a mass spending spree with his $320bn or so he has in his bank at BRK.

I’m top slicing everything again.

Just sit and wait for it. It is what it is …

Going to mention this, and think I’m going to regret investing here back early this yr.

Dividends at 6% 6%+ are value traps.

LGEN is another.

Afraid I’m my view this dividend has to be cut severely to aid growth and good development rather than throwing cash at us..

I’m not a seller, holding this…