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Aplogies..duff info. Phone-in on Corbyn. I suppose the next game changer for shares will be who wins Conservative leadership election
'Morning All. I watched an interview on Bloomberg last night and an explanation for the ruse in Wall St, was the Brexit issue was not going to affect the US as much as they thought. The analyst didn't say this but what will is the real possibility of a Trump win. The shares seem to be treading water at the moment,I think many expected a rise. Brekky now..Five Live phone-in to select new England manager..lol
Neepheid..if you take a look at my post just now on Lloyds I suggest a reason for the uptick..save me re-writing it..to do with Jeremy Hunt's interview this morning.... Under the title Article 50
Now you mention him,not seen him over this period,not here nor Barcs nor Lloyds. I can't see tomorow bringing any joy. Now Corbyn has lost his Energy Sec. Angela Eagle. I hear that Tom Watson is trying to get him to step down but Corbyn has 220,000 party members behind him.
It was too stressful watching the crash so I did a bit of gardening and went to the gym..I don't do the pumping iron bit with crazy hip-hop and rap..I only use the pool. Can't believe what's happened to this share. I think you got in at 188p on Friday. Good job I didn't get in at 215p on Thursday. I really posted to say what a nice life-story you posted this morning. My wife and I have spoken about moving to the east coast but it's chilly..lol BUT. I photograph wild life and that's the place.I also want to get to Lincs. to Donna Nook. No idea how far you are from it but worth a visit at the right time. It's three hours from Norwich. http://www.lincstrust.org.uk/donna-nook Whilst we, in effect, have no government to speak of there will be mayhem .I'm liking the posts by Duander3 and Koolervanme over on Lloyds. I'm not sure about investing hearer..seems RBS and Barcs have been badly hit,much more so than Lloyds which concentrates on the UK economy. Coffe time in the summerhouse .
178,692 at 57p
I think I'll do some gardening..lol Nothing to be gained reading the three bank boards other than more misery. I'm so pleased I didn't buy on Friday or this morning. Unless I read his post incorrectly.. fleccy bought 170,640 odd Lloyds and they were 56p then. I kept going over the numbers and yes, 730,640 odd. I'm sure. I'll go back and check.
Re. Not spelling out the downside GO couldn't have made it plainer what the consequences would be to the extent of being accused of scaremongering..he really did lay it on . Most people thought it was bluster. I don't agree that the Leave vote was based on ones personal issues. Sovereignty was high on the agenda. My opinion is thst the Commission brought this on themselves by failing to acknowledge the shortcomings of their myopic view of a US of Europe....whatever. I hope other countries hold a referendum and vote Leave. The EU needs to be shaken to its core and another country voting to leave would do that but the whole concept is flawed.. A very noble concept at best ,ill-conceived at worst with hegemony in mind.
Been watching the football all day..now Hungary".Belgium. How come a small country like Belgium has so many top flight players ? Alderweral plays for my team Spurs..oh 4-0 to Belgium now..amazing. I see them and Germany at the final. I'd be really pleased to see Wales through to the semi- finals but not against Belgium and that's who they will play on Friday evening. Stagecoach..no probs re. Wee Englanders.. We've come across delightful young ladies from Romania and the Baltic States when we've eaten out. If I were a young man again I'd be delighted to befriend them. The lass who served us at a sushi bar was from Latvia and her face lit up when I mentioned something I'd just been reading about Latvia AND knew the capital is Riga..lol . My wife interrupted our conversation to order..lol. One day a German lass came to the door selling specialist food boxes...ingredients and recipes for them and it's organic stuff. We have a regular order now. I lived and worked in Frankfurt-am-Main for three years and stillmspeak decent german which delighted this very attractive young lady, then my wife interrupted us with our first order..lol. It's great having these people here, it's what I did going to Germany when I was 23. I had a job to go to,work permit,residents permit, ID card...actually, we need them here. It's crazy not having an ID card which must be carried in the light of all this free movement of EU citizens. For me,what I did was under the umbrella of controlled immigration. Pandemio..Maybe Boris looked and sounded downbeat because as he left home he was harangued by very angry people,including a cyclist who came alongside his car and shouted at him. Ebullient as he is he can't cope too well with that kind if aggression towards him. That's some list you've highlighted. It wasn't thought through tomthat extent or any extent because Remain didn't think they'd lose. DC took a gamble in order to sort out his back benchers re. the long.-standing EU split. A thorn in the side of the Party. Re. Thevexpenses I've made two posts regarding MEP expenses. I've also posted about how Neil Kinnock as EU Commisioner..our turn..who sacked Marta Andreason,chief accountant for whistleblowing on the fraud she uncivered. Sacked fir being 'dis-loyal. I don't want to lose this post but if yiu google it you can see what happened.Back in December last year thevMEPs vited ti keep frim public scrutiny their over-generous expenses..I say all...not the Greens, not the SNP ,they voted for public scrutiny so Conservatives, Labour,Lib Dems and even UKIP vited fir secrecy...when the papers got hold if it UKIP..Farage ,ordered his MEP(s) to change their vote on the grounds they made a mistake because the papers were complicated...yeah.. Sterling is down another 2% I'm hearing on the news..football finished. I expect the market will be down again especially with all the Labour resignations. What a heck of a mess we're in. I can RBS going back below 200p.
Just watched Wales v NI. Croatia v Portugal next. I think many people who voted to Leave have been frightened by the reaction in the City and wonder if they've done the right thing. That's whatbInsaw on anews bulletin just now. I did think that one reason Scotland voted for Remain and that,probably, they haven't experienced the immigration that England has and you answered that,mailman. On the news they showed the gathering of the main players in Brussels and they were pretty angry and want us out asap. Rutters if Holland was amingst them yet a very high proportion of his own people want to leave. What they're concerned about, if course, is any move in thevsame direction by other members. Angela Merkel cautioned against Any animosity towards us and called for courteous negotiations. It's like they've thrown their collective teddy out of the pram because a member has the temerity to call it a day. I wonder how UK visitors will be treated over there. We sometimes fly Southampton to Dijon or Rennes to visit friends who live there and we have to show passports and I've had my bags checked when departing. As you say,mailman, the organisation is corrupt in many areas, what's going on when thevaccounts have never been signed off ? Way backone if the topnaccountants Martha Andrasonn flagged up discrepancies. A whistle blower..what did Kinnock do as Commisioner ? He sacked her. She joined UKIP. http://news.bbc.co.uk/1/hi/world/europe/3742148.stm I'll post this in Lloyds too. Just time to make a quick cuppa.
Cliff..Spot on. It was always going to take some monumental event like this to get them to re-assess their policies. On Tuesday Cameron will be in Brussels and Wednesday,without him,the 27 other members are holding a meeting/conference to determine what needs to be done to avoid contagion. I lived and worked in Germany for three years, I still speak good german,I love being with Europeans, those that come here I see as doing what I did when I went to Frankfurt-am-Main but as I posted to stagecoach unfettered access to the UK or any EU country is asking for trouble. We're up against the arch-federalist Junker and Barrossa was the same . I came across this from June 2014.. http://www.telegraph.co.uk/news/worldnews/europe/10877246/Cameron-in-candid-talks-with-Merkel-over-arch-federalist-Jean-Claude-Juncker.html
Stagecoach.. I can't agree re. 'Little Englanders' it's unfair to use that term.a divided country is the result of tanrgeted austerity. I have never felt any of the consequences of austerity but we had austerity and an influx of immigrants. I also feel the class system,which is syill alive and kicking has a lot tonanswer for. The people I saw being interviewed in areas,which were overwhelmed by immigrants were in desperation. The vast majority of Brits don't hold prejudicial feelings as long as they don't feel their well being is being compromised or their 'way of life,if you will,is being threatened.
mailman/LennyMac . I posted as much over on Lloyds. It beggars belief that the EU leadership didn't take into account the pressure that unlimited free movement would cause and it's consequences. It would have been reasonable,I think, to have certain criteria met before free-movement was granted to individual countries but no, they allow any country rich or poor the same EU-wide access. Infact the UK asked that only those who had a job to go to would be granted access but the EU rejected that. It became intolerable in the UK and the result was this Leave vote. I can only think that the vision of a United States of Europe blinded them to reality.The fact they are secretly,according to reports, preparing the accession of Turkey with it's 75 million (2013 census)..shows the lack of foresight. Also, they ignore the cultural aspect..There's a problem with Islam, in the West, something else the EU seems too be ignoring. They want to create a US of Europe by taking measures that will tear it apart. I suppose you could see the way of things when Greece was allowed in without the EU Commission,assuming it would be that body,.checking the numbers supplied to them by Greece which we all now know were false. Quite a different strategy when Greece became a problem They were in there with a microscope. I'm not quite sure of the relevance of the link below by riddock27 and the RBS sp. With hindsight, lol.. as the vote seemed so close and the downside catastrophic for shares wouldn't a good strategy to have been to sell all shares,if in profit or at least half. of them. Most of my Lloyds were bought at 59,61 and 63 pence so I'm not too badly hit…I am with Barcs though. In the Times today the headline is Earthquake. Well, earthquakes after shocks. I'm wary of getting in because this could be a long haul back to decent levels.I'm retired so time matters. Great for 30-somethings to buy and stack away until we see ourselves through. No doubt the City will have to find some light in the darkness to give shares a boost. I see Moodys rate the UK at zero. More a case of they don't know whist to rate us,in uncharted waters so they default to zero and take it from there until the fog starts to clear.
That thought did pass through my mind..the entrenchment.Something has to change though. What could unseat the likes of JC Junker is that other EU countries insist on a referendum and opting to leave. This really has opened a can of worms. Over on Lloyds there's a post stating that the EU have asked the UK to initiate Clause 50..leaving. Seems Boris has said,"No rush". .Is Boris in charge now ?..lol. Not a peep from other ministers. The microscope will really be looking at the Conservative Party now and we'll see the full extent of the split. Labour very quiet too, I notice. You have to wonder how much a part Corbyn's half-heated campaigning affected the vote. I watched street interviews and most Labour voters didn't know where the Party stood on the issue. I think we'll be hearing a lot from Scotland too. I wonder where this leaves Draghi too ? The man doesn't inspire me at all. A real technocrat if ever there was one. My oh my..what a day.
205p. Good heavens. Lloyds back down to opening level s at 56p. mailman still well up from his 188p buy-in price. The initial shock this morning was massive and now the sp.'s are getting back down to those levels.It's very tempting. Are you not tempted,stagecoach ? Prof Steve Keen (Kingston Uni London) economist,thinks shares will return to per-vote levels in a couple of weeks. He also thinks this will cause GO to relent ion his austerity measures,especially funding too research. .Cameron is to resign in time (September) so a new leader will be in place for their October Conference. I wonder whip that will be. Not GO,I hope. T. May will be in the running. I can't see Boris getting it nor Gove. NI voted to Remain as did Scotland,now I hear on the news that there are calls from them to leave them UK and remain within the EU.
LennyMac. Good morning...That's how I feel. It's just too volatile and the gains from the lows this morning,first thing, will probably evaporate by close. mailman will be ok at a 220p sell but it's not for then faint-hearted, for sure. I'm not sure if Cameron has resigned or stepped down. You have to wonder if this vote will have repercussions for the EU leadership, Junker in particular. I hear that 80% of Dutch people want out . Many French too. watch all the far-right figures get up and shout. Marie-Le Pen, Kurt Wilders etc. . The Austrians almost voted in a right wing government last week, they missed it by a whisker. The markets may well take further dives as the repercussions become apparent. I see The Donald..lol is over here visiting. That will add to the mix shortly. There's going to be some very interesting chat shows and phone-ins. Question Time' tomorrow I think…(repeat with Any Answers Saturday 1.10pm after the news. I think Five-Live has a Question Time on a Thursday evening 10.30pm.
Well done,mailman. You diid well to get a a deal or maybe you did it online. It wil recovery some but I'm sure very short-lived. What's your sell price to be ?
Re. last paragraph, yes..I'm sure there will be plenty more opportunities. The sp chart/graph shows another Everest now..lol The first of the recent peaks April 11th .I bet those City slickers are making more on it than they know what to do with.We'll have our day too. :) It never shows but that a smiling face.
That's good news,then. I was unaware of that but read a lot on the Bank Boards about it and thought it quite disheartening. A small investor chooses a decent share,hopefully after some research and a belief it will do well and are up against professionals manipulating the market. As you say, Lloyds seems to be such a case. I see Lloyds and Barcs are off a tad but RBS up.
I agree with that days-end scenario but I think it quite likely that the small investors would think it too late by Friday am and realise the shares will probably come off or that it's just too late. I certainly wouldn't buy in on Friday am.