George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Darth ,
This is Japan Mk2 , from late 80's , 75 yr mortgages , over 3 generations , on over priced property . History repeating itself . Japan like China , lacking in essential natural resources need to export to full capacity . All US needs to do is stop 1 supply of their basic raw materials and they're knackered , not rocket science .
Contagion risk over the next 3 yrs is order of the day .Greater bargains going forward .
Theo/Wids ,
My observations on the EG mess , is that I find it hard to believe a construction company can owe $300Bn in debt . It looks as though they've been issuing bonds , purely to pay interest on previous bonds , a ponzy to us . China's accounting governance must be rather slack or palms have been greased .
If a building co goes under in China of such magnitude , there will most definitely be other companies in the same prediction and contagion .
LTI,
"Don't start making things up like your fellow non shareholder J46"
A week doesn't go by when you don't copy a prior post of mine , so naturally I don't make things up , you simply confirm my earlier observations .
It must cause you much heartache that I keep proving you wrong !
LTI,
Have the courtesy to repost my CET forecast from your saddos databank .It will come true .
Also , have the courtesy to apologise to our Falk , for misleading him into thinking markets only go North . Poor fella is down £4K today . He followed your guidance !
Theo,
Our BTL selling for 4% yield is a disaster waiting to happen . Here we are regulated , God only knows what it's like in China . Corruption endemic , local councils hell bent on meeting Beijing ' targets regardless of costs . Evergrande is no LTCM , it's the first domino to fall . LTCM got its algos wrong .
Bubbles burst , Lloy is presently lending on property that is presently over 20% overpriced .
Let's join LTI in burying our heads in the sand and repeat his mantra " Lloy is impervious to Global events " .
History repeats itself , much bigger bargains down the line .
Brix,
Thank you for reiterating the obvious :-
"I don't think a true honest holder would like to give you a buy in price "
LTI keeps telling us his average is 23p , hence why we don't believe him and why we look upon him as our resident Walter !
He's not looking at the bigger picture .
If LTI did some self analysis and forward guidance , price wise , more folk would start taking his posts seriously .
LTI,
Since you look upon yourself as the ultimate purveyor of investor knowledge , I shall reiterate my query to you 2 evenings back :-
"Is 43 p a worthwhile entry point for newbies hoping to hold long term ?"
Bearing in mind this evenings great share of knowledge , and your mastery of averaging down . what would be your reply to the above query ?
LTI,
"DT
You should learn to read - I have an average Lloyds price of 23p."
Only a fool would believe you ! Specially since you told us Lloy was cheap @ 80p .
You are no long term investor !
You are the King of Ageraging down !
You pollute this forum !
Is 43 p a worthwhile entry point for newbies hoping to hold long term ?
LTI,
"Moss
I assume you haven't been around for long - if you had then you would know that J46 .
lies and lies and lies and lies completely out of thin air, with most of these fabrications aimed at me."
It's now acknowledged on this forum you have no integrity . Prove me wrong by telling us your brothers name . Simple if your posts are true .
You're a cowardly low life bully . You've hounded countless folk off this forum . If you can't take it , don't give it .
I've lost count of how many posts you've reported this yr and had removed . A man of integrity does not behave in this manner !
LTI,
"I'm afraid giving the impression that you had taken a position at some time in the past doesn't cut the mustard regarding what I was enquiring about .
What day did you make a post that stated that you have just opened a short position and with the price level."
I have asked for your brothers name on countless occasions and still awaiting an answer . You consistently tell us of your deals months down the line , when they've turned positive . You don't tell us of the ones that backfire . Falk believes you , the rest don't .
"I won't hold my breath - as usual"
You've summed yourself up .
Mrjim,
"john , I think Lloyds won`t play about as a small landlord they will buy whole estates and whole blocks of apartments "
An absent landlord will turn these estates into feral lands , like our council estates .
MP0818,
I know the property market inside out , it's my livelihood .
"You need to look further than the end of your nose, property is a rare commodity on a small island like the U.K. "
What you haven't taken into account is affordability . I have mentioned on here on various occasions that property in my patch sell for 5% yield . Markets is such they now sell for 4.5% yield . Many youngsters like yourself jumping on this bandwagon , borrowing @ 3.5% over base on BTL .
When I submit business plans to Barc the scenario has to be our base @ 2% . That must be their worse case scenario in 4/5 yrs time . Mega opportunities then !
Don't buy on a peak and always keep some powder dry .