Member Info for john46

To quote you minutes ago :-

"There is talk of an interest rise - that will help the share price when it does. "

This week , Mario Spoke of a rate drop from 0% , . Carney , kingpin of project fear will drop our base 25bp upon a hard Brexit , affecting Lloy share price , yet stimulating FT COs with foreign earnings .

In 11 days time , our A1 will post our EOY guesses , and remind us all how clueless collectively we all are . Your guess won't be on there .

I cannot fathom why you are such an angry individual . As regards EU , que sera sera , out of our control at this moment in time . Let's allow history to follow its course . On here none of us will change it .

I'm fine bud , thanks for asking ! c 2.5 yrs ago you posted the following from Bayeaux :-

"We, once conquered by William, have now set free the Conqueror’s native land"

We both know history has a habit of repeating itself ! It's only a matter of time till EU wake up to the fact Economies work best under free market forces , Anglo Saxon style . Not long till EU countries attempts to mimic us .

A credit to us Brits .

It should be an embarrassment to the EU the fact more inward investment is coming to U.K. Than Germany and France combined . Business people see the logic of Brexit . We will become EUs Taiwan .

https://www2.deloitte.com/uk/en/pages/press-releases/articles/power-up-uk-inward-investment-report.html

I was 6 when Franco died , before my time .

I suppose you worship Hezbollah .

"Well... When Spain entered the EU in 1986 its youth unemployment rate was about 45%. It is now 32%. The rate started to rise sharply in the 70's under Franco's regime - 2.7 million jobs were lost in agriculture in 1972 alone. "

The 2.7M lost jobs were because French farmers barricaded roads in Pyrenees to stop Spanish trucks with fresh produce reaching Europe .

Just catching up bud . Can't believe thought police gave you one weeks detention .

Skin's waterproof !!

Looks like Pochin working a treat .

Birg will mirror DB .

"31st October the U/k can take control of is own destine, the exchange rate will go up lloyds will follow"

Have to disagree , following Brexit Sterling will fall , uncertainty , will only rise when DB c €3 when our continental cousins appreciate the reliance they had on the UK .

Re , your father , God Bless him , I'm certain he'd be mighty pleased how his son turned out . In WW1 the Germans called Scotts "the women from hell " , on account of their kilts . As I perceive it , a term of utmost respect .

"The ex-Labour MP’s vanity has collided with political reality – he now embraces a party he once planned to destroy"

https://www.theguardian.com/commentisfree/2019/jun/14/chuka-umunna-labour-liberal-democrat-hypocrisy

The Guardian calling its kin Hypocrites , that is monumental !!

39% drop since peak , just another 48% drop from peaks and we'll have our €1 . Let us pray for Brexit !

LU , relax , there's no chance of NG being Nationalised . We'll go back to 70's , 3 day weeks , our youngsters will have no internet connections , nervous breakdowns galore .JC wouldn't want to lose his historical ignorant support base .

Lmao . Classic !

"There’s no question that Welch was a brilliant and forward-thinking chief executive. With one big exception (GE’s acquisition of Kidder, Peabody & Co.), everything he touched seemed to turn to gold. Even as General Motors, U.S. Steel, Eastman Kodak, and other companies lost market share to foreign competitors, Welch’s GE was making inroads internationally. He turned GE Capital from a ho-hum ­consumer-finance arm—underwriting loans for, say, GE refrigerators—into an immense generator of profits. He was one of the first CEOs to reward his top executives with stock options—lots and lots of stock options, making many of them millionaires. He also believed that the mediocre should go elsewhere if they didn’t improve quickly, and he acted on that belief. When Welch adopted Six Sigma, a set of processes designed to create continuous improvement, half the CEOs in the Fortune 500 raced to adopt it as well. Under Welch, GE became famous for developing outstanding managers, men (always men) such as W. James McNerney Jr., Lawrence Bossidy, and David Cote, all of whom became CEOs of important industrial companies."

https://www.bloomberg.com/news/articles/2019-06-12/reassessing-jack-welch-s-legacy-after-ge-s-decline-joe-nocera?srnd=premium-europe

Worth a read , GE once a great co. Now a run of the mill one . Similaties to Lloy . Excessive Executive renumeration leading to complacency . Just when we're over the peak in Global growth .

I'd like to think we live in the fairest country in the world , hence :-

We know El Antonio gets millions of free shares added to his employment terms pa . The same must be for the rest of the BOD . Since we live in such a fair perceived Society , one can only assume all other share bonuses to the remaining staff come out of our profits , instead of the sharesave scheme .

All we are witnessing is the transfer of coy. Ownership from shareholders to staff , financed by us PI . Antonio is ex GS , no scruples about screwing anyone as long as there's a financial reward for himself .

70% of single owner Eateries go under within 5 yrs , hence banks demand higher Security and corresponding higher interest rate .

Fellas , simply keeping the BB balanced , it's pleasant to see Lloy doing well . I hope our A1 can sleep tonight.

"The role of buybacks in boosting the overall market is hotly debated. According to strategist Ed Yardeni, the benefit is overblown. Most repurchases are carried out to offset shares issued as employee compensation, he argues. During the eight years through 2018, buybacks reduced share count by only 1.1% a year. And there were little noticeable performance differences between S&P 500 companies that did and didn’t see their share count contract, according to a recent study by his firm, Yardeni Research.

The impact of buybacks “has been greatly exaggerated,” Yardeni wrote in a note last week."

https://www.bloomberg.com/news/articles/2019-06-10/if-supply-and-demand-set-stock-prices-u-s-market-has-a-problem?srnd=premium-europe

Definitely worth a read for some of our esteemed colleagues.

Mrs N , agree with all your observations about M and S . Read this article on Bloomberg this am , looks like we we're heading for cheaper crude and it's knock on effects to Global markets and inflation in '20.

"After half a decade of lower spending on new projects, oil production growth was supposed to slow to a trickle just as demand was supercharged by a once-in-a-generation shake up in the shipping fuel market. Many market commentators predicted that if $100 a barrel-oil was going to make a come back, it would happen in 2020.

Excitement is fading fast. The first official assessment of 2020 comes from the International Energy Agency on Friday, but a first look at forecasts from consultants and traders for supply and demand balances show persistent surpluses, not the deficit that was expected to underpin rising prices."

https://www.bloomberg.com/news/articles/2019-06-09/bulls-beware-the-2020-oil-market-is-quickly-turning-ugly

"'They need be open-minded about the sources of that income and recognise that low-risk income generation is a thing of the past,' he said.

Essentially expecting a high income from run-of-the-mill companies isn't going to happen anymore.

Giants such as Marks & Spencer and Vodafone have been forced to cut their dividend as they need to invest more to keep up with the competition."

https://www.dailymail.co.uk/money/diyinvesting/article-7117419/Will-Woodford-crisis-kill-income-funds-Era-low-risk-dividends-analysts-warn-savers.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

Is anything safe anymore ?