Member Info for Gate13Boy

Signed. Madness trying to get rid of it.

Oversold ? Been dropping and dropping of late.

Lots of these pump and dump scams go on. Saw this being advertised on several web pages in the last week. Woodbois was another from memory and Deltic Energy. The market makers probably don’t want to deal in the stock so are ripping people off with large spreads. Hope those who have done their brains on this haven’t lost the shirt on their backs.

Any trade above the mid-price is marked as a buy and any trade below the mid-price is marked as a sale. That’s why buys and sells are sometimes marked incorrectly.

Bought some today. They can’t go much further down surely ?

The markets have priced in base rates upto 5.75/6% now. One of these days we might just get a surprise when the inflation figures are announced…..lol

Good results yesterday. No doubt they’ll drift back down again sadly. Dividend yield is low I guess but 2nd half results should be excellent.

Over 8 1/2% yield on these now. Tempted to buy in. Interest rates look like they are headed to 7% with an accompanying recession. What a mess.

Spot on rylidan. I’ve frequently bought and sold shares to see my trade go through incorrectly. As you say, it’s linked to the mid price.

The FED and other central banks must be wondering if raising rates further is going to wreak more damage and may well stop and even cut rates later in the year. Falling energy prices will undoubtedly contribute to inflation falling faster now.

Indeed 88,

Further rate rises are likely to bring down more institutions.

I hope Lloyds are not politically coerced again into buying this mess. HBOS took its toll on Lloyds for years.

Hopefully the FED will take note and ease off its hawkish stance if the U.S. inflation figures next Tuesday are showing signs of cooling. The effects of rising rates are beginning to show.

1 x £50
1 x £25

I'm ok thanks Armani. Hope you're well too fella. Glad to see the sky didn't fall in on Lloyds yesterday !

Inflation to return to 2pc target by autumn, Citi predicts
Inflation will plunge to a little over the Bank of England's 2pc target by the autumn, according to estimates from economists, as falling gas prices ease Britain's energy crisis.

Citigroup has forecast that inflation will fall down to 2.4pc in the final three months of the year and dip to 1.9pc in the first quarter of 2025.

The banking group's prediction is far more positive than the Bank of England's estimates that inflation will be around 4pc by the end of the year.

It comes as investment bank JP Morgan also revised its forecasts and is no longer predicting a recession in the UK this year.

In August last year Citi had predicted that inflation would almost double to 18.6pc over the winter.

However, this was before the Government announced its energy price guarantee which kept average annual household energy bills capped at £2,500 despite Ofgem raising its price cap to £4,279.

European gas prices have plunged by 35pc since the start of the year.

They'll be down this morning I would imagine.

I’m afraid the direction of travel 2mrw will not be based on the results or the dividend but will be defined by the forward guidance and rather an unpleasant day on the US markets. Tin hats on in the morning.

Just think of all those contracts we’ll get Mach rebuilding Ukraine as we had the balls to help them first while the EU dithered. You have no idea how Brexit will pan out in the future decades. It’s just your opinion. When Labour form the next government whilst your beloved & confused SNP tries to reinvent itself after Sturgeon’s fiasco, I doubt most of us on here will spend years moaning about it like you’ve done over Brexit. Accept democracy and move on ffs.

Economic output unexpectedly grows in UK, data show
The UK economy performed better than expected this month according to a closely-watched gauge of market activity.

The S&P Global flash purchasing managers' index PMI rose to 53 from 48.5 in January, its highest reading since June last year.

A reading above 50 indicates growth in activity, while below means there has been a contraction.

New orders rose to 53.1, after coming in at 49 in January.

Services rose to 53.3, well ahead of forecasts of a contraction at 49.2. Manufacturing also surpassed expectations, measuring at 49.2, better than the 47.5 estimated by analysts.

US 10 year treasury note spiked overnight signalling further rate rises are likely there and UK retail sales higher than expected this morning. Hopes that UK rates may peak at 4 1/2% maybe a forlorn hope. Markets are going to be very volatile for a good while I would think.