Member Info for freya

Well remembered Mick, I told him they were badly financed and the most shorted company going but he still insisted they were a good investment.

LTI, lol 😂 ******.

I must be a fool then but even as a fool I am way ahead of you in the intelligence stakes.

Gateboy/LTI, you two don’t have a tenth of the brain power that Jamesroo has between you. A couple of simpleton jackasses.

Jenner’s in Edinburgh used to be a great independent department store until House of Fraser took it over.

Correct Wids, they have really lost their way, again!

House of Fraser have gone into administration for a reason, poor stock quality at very high prices, badly run business, poor staff training, prominent stores with very high rents, etc, you name it House of Fraser claims it. Just a victim of their own poor management.

What a load of rubbish Gateboy, sell shares and have the associated costs, you and LTI are a pair of dimwits, what a strange idea, imagine a fund manager saying , “ I will have to sell some of these shares for the pension fund because the divi has gone on a buy back scheme”. I am in this share to make money not to fund the Lloyd directors luxury life style. Get a better idea, selling shares to make up for the lack of divi when the share price is already low is the stupidest idea I have ever heard and I have been reading this board for 8 years.

Gateboy, price now in the 61p region, always remember this, cash is king. Buybacks are not put in place for investors such as you and me.

Is that you off on your holidays Gate13boy, that suitcase full of money too heavy for you, is that the cash you made from the rise in Lloyds profits after the buy back ? Lol. Get a porter to help you with the load.

I am with you James, I understand the value of buybacks and that is zero value, zilch value, nil. A good divi is very attractive to fund managers as you say where as you might as well **** in the ocean 🌊 with a Lloyds buy back. Sorry for the language, but to coin a phrase.

Looks like we are headed for the 61p zone?

Velo, it’s a good thing that you gave up your Scottish nationality as your far too excitable to be a true Scot, we are a little more cool, calm and collected. I expect if you had stayed in Scotland 🏴󠁧󠁢󠁳󠁣󠁴󠁿 you would have worn knickers under your kilt. Lol 😆

The first time I saw a person in a burqa was when I was 25 years old, yes, many moons ago. I was in Marks & Spencer at Marble Arch , London. I was randomly browsing their stock, in a bit of a dream when I turned and saw two people dressed in burqas, they both had leather masks on their faces which made them look frightening. I still remember the horror and fear on seeing them, it was one of the scariest shopping experiences ever. I still think they look sinister although most of them wear the veil and not the leather mask which is ugly. They were renowned for taking possession of the cashmere sweaters without paying even although they often had hundreds of pounds in cash in their wallets. Not prejudice, this happens.

Sufcessex, dividend at Bt.a has been assured for two years, Lloys is still my main holding, I am not sitting on a loss here but it’s dribbled down to a few thousand now which is disappointing, the divis at Lloys are a comfort and taking then into acoount I am very well up in Lloyds.

You banked you Lloyds profits yet Sufcessex??

Don’t worry about a trade war

“The perception is that there are two big negatives for Asian markets at the moment”, says Horrocks. The biggest is the possibility of a trade war between the US and China. But despite Donald Trump’s belligerent rhetoric, Horrocks is more sanguine than most. There is “likely to be some limited tit for tat”, he says, but “the chances of a long term trade war are very low”.

It’s also important to put this into historical perspective, as “every American administration has had some sort of row with China” but they have “ultimately managed to work things out because a full-scale trade war would not be in anyone’s interest”.

Of course, you might argue that trusting Trump to act rationally may be going a little too far. But if you look beyond the presidential Twitter account, you will find that “there is little institutional backing for a full-scale trade war”, with many in Trump’s own administration strongly opposed to any escalation.

Similarly, Congress will want to have its say, and is likely to act as a brake on any protectionist impulses. And the economies of both US and China are now so entwined “that tariffs would have to be raised to huge levels to significantly reverse this”.

However, if Horrocks is largely dismissive of the threat from a trade war, he agrees that investors are behaving more rationally when they are concerned by the second factor weighing down on markets, namely monetary tightening.

Read the whole of this article on the MoneyWeek website.

2CV: I tried keeping hen, got six of them at Lanark market, they looked like the cutest female brown hens you ever saw, strangely, one by one they all started to crow like a cockerel 🐔, they never did lay any eggs just irritated the neighbours with their early morning chorus.

Come to think of it, my own husband, who was brought up in Eastham, London, had the best whitest teeth you ever saw and a straight nose when I met him. He was then 27 years old.

Snige, must be different up here in Scotland as all the men I know have their own teeth and a straight nose. Just cultural differences Snige. 😂

Apparently, he was bullied as a child and was once beaten unconscious by his persecutors so that may account for the way he is. Children who are super intelligent are often bullied by their peers who don’t think they fit in with their way of thinking. Very intelligent beings very rarely fit in with the hoi polloi.