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Goldgnome,
My employers asked me to go to Frankfurt last month to install a new server in our Colo datacentre, usually I would fly out on BA from Gatwick and grab a hire car and find a nice 5* hotel for the night, but with Covid I had a change of plans. Day 1 I drove to Liege in Belgium and stayed overnight at a quiet campsite. Day 2 drove to Frankfurt did the install and drove back to Liege and stayed for 2 more nights enjoying the tranquility. Day 4 drove to Dunkirk and spent far too much in Auchan hypermarket before getting the ferry back to the UK. Total mileage 1281 !! But it was actually a lot more fun than the usual method.
I got into CEY to the tune of £20k in 2013 sub 40p a share when I got made redundant and transferred a small pension into a HL Sipp. Have seen this stock go up and down like a yoyo for 7 years seeing profits made and then disappear in a flash. Wife at times thought I was crazy. She doesn't think I am crazy anymore as I am 55 next October and the Stars seem to be aligning and are "Golden" :)
Dasut, you are 100% correct. My employers base themselves in the UK as it gives them a passport into the EU Market and free trade. The whole of the EU's finance and accounting operations are run from the UK. Under EU GDPR Regulations etc in addition to the tarrifs on our sales operations that would become impossible. I wonder how many other Non-EU based businesses also have UK offices for exactly the same passporting abilities and what the impact will be in numbers when it comes to job losses. It is very worrying. The Democrats in the Senate have already said that in a no deal scenario they would block a trade deal with the UK.
And if we sign up for a trade deal with the USA to buy their Processed Trans Fat crap, then the EU won't do a trade deal with us either. It is imperative that we have a Free Trade deal with the EU block of 360 Million people that has over 70 free trade deals in place. In addition we get nearly 40% of our Fruit and Vegetables mainly from Germany, a few hours away by lorry. A trade deal to buy this off of the USA Would then mean it would have to be flown over here at extortionate costs and massive Carbon impact on the planet, when we pledge to Carbon neutral by 2030. They are totally contradictory to each other. The EU have nothing to blame for the Bullingdon boys and their Mega rich chums embarking on a vanity project to enrich themselves by shorting the **** out of our currency since 2016 without a care for how this is going to affect the working population, because quite frankly they do not care. They have used this as a vehicle to enrich themselves and allow them to escape from the Tax Evasion directives coming into force while putting up a smoke screen that it is all about the "Will of the people".
Mr T, you have my email address so do keep in touch if you are no longer posting on here. Brexit too many seems to be a simple case of in / out of the EU with no understanding of the consequences. My employers are American and have a sales/finance operation in the UK. If the UK crashes out with no deal, then there would be 40% Tariff on our goods under WTO which would price us out of a highly competitive market and make the UK operation immediately unsustainable. This would lead to our office being closed and the operations being relocated to Leuven in Belgium. This would mean I and over 200 colleagues would be out of work. At the age of 52 finding another job with such a salary would be very difficult and having a mortgage with 10 years still to burn after having to start from scratch after divorce 10 years ago it is very worrying for me and my 13 year old daughter who is just about to start upper school. All I hear leavers shout about is Blue passports and sovereignty without a care to take any time to think about the actual consequences to people like me and my colleagues that will be replicated across thousands of SME Businesses across the uk, causing misery and devastation. That's all :)
Hi, Still here and still invested. Nice to see the SP moving back to a sensible level. I can start to cash in my SIPP in 2 years and 2 months and have 25k CEY Shares in it still :) Have made some really nice gains in the last 12 months in other sectors. Greggs and Dunelm have been outstanding buys.
https://www.youtube.com/watch?v=ntG50eXbBtc Moving up like a rocket now !! $1507.94 !!