Member Info for longtimeinvestor

at about 115p

st
''yes i could of sold like you at 50p but never. shows how stupid we are doesn't it?''

we?
I made a sale at about 53p and then bought them back at about 38.5p

st
''back to the 30p's for a year or two, uninvestable country worthless and broke. serious consideration this afternoon to sell up call it a day.''

You have been saying the same thing all year but still kept shares

ST
''when does the share price get told?''

well you only have a short while before you are selling no matter what - you may not get close to the near 50p that was available to you not long ago

rise needs to go up at least another 0.75% today - way behind the curve already

''on subject of debt and taxes''

so there was a reaction from the markets about have a 'black hole' from the energy support package and proposed tax cuts that brought down LT, and now an outcry from the UN about the opposite in trying to fill the 'black hole'.
FFS

Owl
''It needs to use cash the same as if it paid out dividends. The share price will remain the same after the transaction.''

Cash paid out on dividends will be reflected in a share price differential at the time of the xd date.
The share price is determined by supply and demand on a daily basis by the market, which most of the time will differ from the previous trading day. If 10 Billion dollars was spent on BP shares and cancelled in the next 12 months and the market cap remained the same as now, then the price per share would have gone up by the percentage of shares that had been bought and cancelled.

A share purchase scheme has no connection to money being paid to shareholders by way of dividends.

A buyback for cancellation reduces shareholders equity on the liabilities side by the same amount on the balance sheet
Putting it simply the value of the shares purchased gets transferred to the remaining shares and at the same time increases per share metrics.

fed raised rate 0.75%

s1
''Tax rises are not needed''

I posed the question in the brief time of LT being PM - is the market in control or the government .
We found out that it was the market/boe that took control

s1
''It's a fair bet that energy cap will be renewed in mid-2023 and prices won't be allowed to go up.''

I believe the review is in April - An average price paid by the consumer would have to be below £2,500 for the cost to impact the rate of inflation

Brent crude has been on an upward price path again recently - currently at 96 dollars.

s1
''Wholesale inflation today is already plunging. UK natural gas spot prices have collapsed -70% in the past 3 months''

The energy support package artificially kept down the inflation rate by capping the average energy bill to £2,500 against the market price of over £6000.
Market prices therefore need to go below £2500 to have an impact on inflation if energy support is taken away

if the base rate goes up to 3% it would have taken 11 months to get there . In that time the base rate should have been at the 5% level to be closer to core inflation of over 6 % (excluding energy, food)

with inflation in double digits, the base rate needs to be a lot higher

s1
''The last thing we need is an out-of-control base rate.''

The last thing we need is out of control inflation

increase should be at least 0.75% tomorrow .

I have noticed fixed mortgage rates reduced a bit a few days go.
Long term mortgages in the US I believe are at 7%

O
''Same logic applies for dividends.''

Dividends are an asset (cash) leaving the business, which will be accommodated for in the share price.

A buyback for cancellation reduces shareholders equity on the liabilities side by the same amount on the balance sheet..

s1
what is your game on this board?

s1
what is your game on this board?

ep
''They have stopped around 29000 potential boat people ''

obviously you still cannot get your brain into gear.
Is that permanently ? did they shoot them? or were they simply freed to try again the following week?