Member Info for jonathb

Altitude sickness @114

Maybe after October the CCP will be forced to resolve Evergrande et al somehow or other, probably brutal to foreign bond-holders. When it happens the noise and shock might hit ASHM.L again. Well, it's the only reason I don't double-down here.

This whacked CSH.L today, but SOHO.L was already whacked yesterday. Go figure. IMHO both will churn out divs, regardless.

The cap itself is of minimal significance. It might dent the NAV for psychological reasons.

The ER discussed this (as Fishy alludes). Who knows what the div cut will be next year, IMHO guess a half or so. The biz proposition hasn't changed, IMHO stellar.

Y, I'm still internally debating a double-down here. There's a Patrick Boyle utube that brings up a depressing EMs aspect. It's not just Evergrande, or even China RE at large. It's more about China having become a kind of "alternative IMF" to a throng of 3rd-world countries, who, are uh ... broke. Never mind the Fed tightening, this "alt-IMF" has been sucking in more $ than it's been lending out for the last couple years. Anyway search Pat Boyle and see for yourselves.

hundred and teens here we come.

Thanks Sang + Alas. Moral is: buy in SIPP is as good as anywhere. IMHO screaming buy.

Any ideas wots goin on today? Thursday 11am bump south?

I don't get it. APAX looks like a screaming buy but down 12% last 3 months.

I don't get it. Some guy in the Torygraff last Sat said he just sold all TSCO + put it in CURY. His idea was the recession will make folks stingier with their TSCO shop. Hmm. So that's like, I'm too broke to pay an extra quid for premium sausages but hey! I must have a 65-inch 4K display!

Pardon my ignorance in advance, I have never touched a VCT and know nothing except brief perusals of web write-ups. Anyway .. I understand that GROW.L has VCT status. So that means it should not be held in a SIPP, because the wonderful tax-deduction benefits from a VCT are wasted in the SIPP. True/False? Next, if it's held in a regular brokerage (not SIPP) ac, can I defer the tax deduction and use it in later years? Say 2 or 3 years later? TIA.

Y I get half the short story: this winter will be *REALLY* bad + worse than most folks expect. It's the other half I don't get, namely, how this hits WIX in particular, worse than everyone else.

Krikey. AJB site now refuses to give a quote. Just before it sopped, I saw a couple crazy low quotes but I think they were bogus.

Uh, someone help me out here.I just read the Trading Upd. I don't see anything new there at all. Am I missing something? Obviously someone thinks it's worth a 15% chop.
?

Could someone cut-and-paste latests including esp. today's announcements which seemed to say - unless I read wrong - earnings down from 28p to 9p and presumably some threat to div?

OK your eminences. Some time ago one of you guys said we'd know more in late July about how the newly acquired bizzen have been integrating. I can't find the post now, but trust me, I wasn't dreaming. Anyway: it's late July. Anyone care to post any illuminating remarks?

Heh LOL yeh but what do we do here? I suppose its worth a tiny punt - totally blind to whats actually going on in this sector. Who knows if SBRE.L's arithmetic problems are pervasive? I wish I had a pal in the auditors that are doing these guys' books!?!

.. presumably the 5x split some months ago is not yet reflected in the ER statement. A factor of 5 would bring the yield to 4% which seems about right. Or?

.. looking thru ER, it says: div 10p last qtr, 9.75p each of previous 3 qtrs.
- So that's about 40p over last year.
- SP is 200-ish.
- So why isn't the yield 20%? Huh? What's incorrect here?