Member Info for john46

Rosewall,

What's wrong with " quarantine ". In Australia they had to stop parents naming their children after bus shelters .

Troajan,

Our mutual friend Dc Mark Faber did state he wasn't good at catching troughs . Your logic makes perfect sense . Can't believe with all resources at his disposal , he can't hit bullseye .

Keep well bud !

Troajan,

Personally 14/15k , that's 50% correction , what's your opinion bud ?

Troajan,

At what level do you see heading Dow heading North again ?

James,

"One question I ask myself continually is how do these people not only survive in their jobs but thrive."

Best of a bad bunch bud ! There's no better Globally . We're still very fortunate as a nation .

SC,

"Rich or poor, in work or out of work, every mortgage holder in the country would love to have opportunity of a 3 month " mortgage payment holiday ".

You know damm well the deferred interest will be added to overall mortgage . Should that not be the case lloy is only worth a handful of pence .

Snige ,

Them cheques are tangiable , heirlooms , IOUs , in 50 yrs they'll be worth $5k min each , inflation proof @2% pa , compounded . Trump is a genius , giving his populace an inflation proof IOU . The world needs more leaders with such foresight .

Investor,

This is black swan event . 50% market correction guaranteed . Try and catch Dow ~15k .

Breaking news ,

It's now been reported ' lucky lucky ' fellas in the Costas now charging 50c a squirt of anti-bacterial , catch phrase :-

" She won't touch your Boner if you have Corona " .

Classic !

Patrao1,

Euro/Sterling @ 1.4 . Should my memory serve me right . That's a lot of reading going back 3 yrs . Time on your hands no doubt .

Sterling FX is driven by sentiment presently not fundamentals . No one could have foreseen projects fear determination to thwart B rexit . We were told in '16 it would occur in months , not dragged out over 3 yrs .

We still have highest base rate in Europe , our balance of payments with EU is moving in our favour and our Chancellor told us on Weds £30 BN allocated to fight cv19 . DB financing all of German conglomerates , whose main market is gradually being locked down will force ECB to provide + €1 Tn in finance to prop up a failed experiment . Sterling should be considerably stronger judging by above , but the market is doing us a favour , it's maintaining our competitive advantage .

To reiterate , Sterlings value is presently based on sentiment rather than fundamentals .

Wids,

As you well know Spanish Flu most high profile victim was the King of Spain , hence the myth .I'm glad our Queen has left Buckingham Palace and placed herself in a form of quarantine . If anything occurs to our Queen it will be known as British flu for generations to come .Now we don't want that , do we .

TM,

I don't know about you , but the manner in which I was brought up , if a man didn't have swarfega in his man cave , he wasn't a real man !

Divorce rate in China spiked on account of CV19 . I hope some of you fellas have man caves ( sheds ) .

https://www.dailymail.co.uk/news/article-8108385/Divorce-cases-spike-China-couples-spend-time-coronavirus-quarantine.html

I don't know why there's a toilet paper panic in Spain , thought all ablutions had bidets . I was told in London a flannel doubled as a bidet .

Patrao1,

On this forum we all hold different views on the near term way forward . Thankfully we debate matters with minor occasional major fallouts . Everyone on here knows I'm waiting for gap @ 28p to close , minimise my risk as I see it . Only you can decide the level of risk you are willing to take on .

Barcs is strange one , they're my main financiers . One month ago my son asked them for a big second Facility and it was authorised in the same meeting . Before our base rate drop ! Even before last Financial crisis there was always a lag of one week before authorisation . Numbers stack up , I can't tell if they're getting complacent , chasing market share ( lloy is my alternative ) or thinking of their bonuses.

This Cv19 saga is the most potent in our lifetime so far . Youngsters need to build up an immune system knowing that stronger strains will plague the world in the future . We are told our lockdown should occur in 2 weeks . You will have time on your hands , try and catch the trough .

Oh yes , of when I told you fellas you'll be able to pick these up for €1 , only one month to go .

LTI,

We are going through unique times ! No more bud !!

ERV, 1.8 % in line with inflation.

LTI,

Only time will tell .

LTI,

I'm quite happy with 8% / 25 bp drop . As pointed out to you previously my portfolio is underwritten by Barcs @ 8% yield , houses selling in my patch @ <5% yield , . Next revaluation due Dec '21 , not withstanding rent enhancements , it should be underwritten @7% yield , 1/8 is factor of 12.5 , in percentage terms 12.5% , including rent increments 16%.

See you @ 28p , which you said we would never revisit .

Xx