Member Info for hardup

Brixton

Making the most of the weather whilst it lasts, looks OK till the weekend. We don't get the Mediterranean summers you get on the south coast every year.

Brixton

Toasting 26 C in the north atlantic riviera yesterday. Going to be the same today.

https://www.youtube.com/watch?v=PMbzP5-VNAo

The age of Internet and subsequent emergence of online Stockbrokers allowing everyone to trade online from home at the click of a mouse was the catalyst for day trading to evolve and multiply into what it is today. Before this stock trading was either by post or telephone for private retail investors.

As was anticipated the FED paused hiking rates yesterday and kept them on hold unchanged. They did however hint at another 2 rises to come later in the year. DOW fell initially on the news but later recovered some of the loss to finish down -233 pts ( -0.68%). Anyone's guess how the markets will react this side of the pond today? FTSE futures on IG currently down -21 pts (-0.28%).

https://www.cnbc.com/2023/06/13/stock-market-today-live-updates.html

After 75 trading days, buyback complete to date:

Total shares to date....................................................2,723,939,526

Aggregate cost to date... ........................................... £1,285,622,587.47

Average price paid to date..........................................47.197p

Percentage of £2 billion buyback completed............64.28%

Carltit

"Being correct is gift that I have, but also a curse."

Being a pain in the ar se is the only gift you have.

Woodgy

https://www.telegraph.co.uk/business/2023/06/13/rishi-sunak-banks-protect-borrowers-high-mortgage-rates/#

So why have the other 184 out of 200 not ticked you up? W⚓

After 74 trading days, buyback complete to date:

Total shares to date....................................................2,697,174,970

Aggregate cost to date... ........................................... £1,273,535,713.98

Average price paid to date..........................................47.217p

Percentage of £2 billion buyback completed............63.68%

Lti

We all know it is you that is suffering from a condition........Narcissistic personality disorder. Your conduct on this board towards others displays all the Symptoms of this.

Have an unreasonably high sense of self-importance and require constant, excessive admiration.

Expect to be recognized as superior even without achievements.

Make achievements and talents seem bigger than they are.

Be preoccupied with fantasies about success, power, brilliance.

Believe they are superior to others.

Be critical of and look down on people they feel are not important.

Believe others envy them.

Behave in an arrogant way, brag a lot and come across as conceited.

Become impatient or angry when they don't receive special recognition or treatment.

Have major problems interacting with others.

React with rage or contempt and try to belittle other people to make themselves appear superior.

https://www.mayoclinic.org/diseases-conditions/narcissistic-personality-disorder/symptoms-causes/syc-20366662#

You need help with this, see a doctor.

"i have an average price of 20.45p."

💤💤💤💤💤💤💤💤💤💤

Lti

So if dividend level does not affect SP why did the Direct Line SP dive when the dividend was stopped.

Lti

"Dividend yield does not determine a share price - Vodafone on an 11% yield"

But Vodafone dividend cover is only currently around 1.2 x I believe, which is why the market is putting such a low valuation on the Vodafone SP. Lloyds dividend cover however is nearly 3 x so it is plausible the market would rerate Lloyds SP higher if a special dividend was paid as well.

"Inflation in the US, as measured by the change in the Consumer Price Index (CPI), declined to 4% on a yearly basis in May from 4.9% in April, the US Bureau of Labor Statistics reported on Tuesday. This reading came in slightly below the market expectation of 4.1%."

Will FED hold rates tomorrow?

"i am yet to fathom why the sp is not rising givevn the benefit we get from higher rates."

Worries about a deterioration of the economy and falling house prices with higher interest rates, people struggling to pay mortgages and possibility of increasing repossessions and higher defaults on loans/mortgages.

Monkeyhangerbob

Think you have posted on the wrong board.

Looks as though things are progressing well with Citra Living with details of more locations for developments for the rental market.

https://www.citra.co.uk/locations/

Latest US CPI inflation data to be released today at 08:30 Eastern Time (13:30 BST). Markets are expecting it to come in lower and all indices on Wall Street closed up again last night (DOW has now had 5 consecutive days of rises) in the hope the FED will hold rates at current level at Wednesdays meeting. (The next BoE MPC rate setting meeting is Thursday 22nd June.).

"Ahead of that crucial decision, the consumer price index — an inflation report that could potentially influence the Fed's decision on Wednesday, is due out Tuesday morning. May's CPI is seen rising 0.3% on the month, with the annual inflation rate easing to 4.1% from 4.9%. The core CPI, excluding food and energy, is forecast to rise 0.4%, lowering the core inflation rate to 5.3% from 5.5%."

https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-inflation-data-fed-meeting-amd-amazon-rally/

After 73 trading days, buyback complete to date:

Total shares to date....................................................2,660,592,102

Aggregate cost to date... ........................................... £1,257,088,056.52

Average price paid to date..........................................47.248p

Percentage of £2 billion buyback completed............62.85%

Still 6 months to go to Christmas 😏😏😏😏😏