Member Info for mick-b

Most Russian oil is being sold cheap to China and India.

Russia has bought hundreds of tankers as well.

NATO Secretary General Jens Stoltenberg expressed concerns about former United States President Donald Trump's recent comments.

During a recent rally, Trump suggested that Russia should be allowed to act as it wishes against NATO members failing to meet defense spending targets. "You didn't pay? You're delinquent? … No I would not protect you. In fact, I would encourage them to do whatever the hell they want," Trump stated.

Stoltenberg underlined NATO's commitment to a united defense and warned that any notion of allies not supporting each other undermines collective security, placing American and European soldiers at increased risk. The NATO chief asserted that, regardless of the presidential election outcome, he expects the US to remain a strong and committed NATO ally.

Baha Breaking News (BBN) / NL

Latest poll

Just 10% of under 50's would vote Tory

Labour leads the Conservatives among EVERY age cohort polled.

Westminster VI, By Age (3-5 February):

Labour's lead by age group:

18-24: 36%

25-34: 28%

35-44: 26%

45-54: 19%

55-64: 12%

65+: 7%

There is an increasing number of Yanks that want Russia to conquer Ukraine.

MADNESS.....

We need a European army.

Trump will refuse to assist any NATO country attacked by Russia if it hasn't paid it's 2%.

In fact he said he would encourage Russia to attack, till they paid their debts.

MADNESS

Top rate of Income Tax is 45% for earnings over £125,000.

Rishi Sunak earned £2,200,000 paid 23%.

If Income Tax was for all income would have paid 44%.

Why isn’t it?

Reduce stamp duty for all stocks traded on LSE would help Investment

This is why Sunak became PM. Because multimillionaires under Tories pay a lower rate of tax than most of us. And he wants it cut further for the richest, like him.

Serfdom for the rest on us.

Worth remembering that Sunak’s wife claimed that she wasn’t resident in the UK for tax purposes, despite her husband being the fcking prime minister of the UK.

Tories taking the pis...once again.

STICKY

It always seem strange to me that you pay a higher rate of tax on the money you work for than on the money you don’t. Suits Sunak down to the ground, though…

It always seem strange to me that you pay a higher rate of tax on the money you work for than on the money you don’t. Suits Sunak down to the ground, though…

Millionaire Rishi Sunak paid same tax rate as teacher - and only slightly higher than nurse

He pays far less as his income is mainly Capital Gains and there is no NI on that income, just CGT.

https://www.msn.com/en-gb/money/other/millionaire-rishi-sunak-paid-same-tax-rate-as-teacher-and-only-slightly-higher-than-nurse/ar-BB1i2Jv2?ocid=msedgntp&pc=U531&cvid=f5c96cd5c49d42da9025c6194d088b42&ei=10

International buyers don't want them, nor do pension funds or sophisticated investors so lets get retail mugs to buy them:

https://www.theguardian.com/politics/2024/feb/09/jeremy-hunt-may-launch-british-isa-investing-in-uk-company-shares

What could go wrong?

Barclays (LON:BARC) agrees to buy Tesco (LON:TSCO) 's retail bank for £600m, representing a 37.5% discount to net tangible assets.

https://www.londonstockexchang...

Implying perhaps that maybe there's NOT actually too much upside in the UK's other retail banks either?

Barclays (LON:BARC) agrees to buy Tesco (LON:TSCO) 's retail bank for £600m, representing a 37.5% discount to net tangible assets.

https://www.londonstockexchang...

Implying perhaps that maybe there's NOT actually too much upside in the UK's other retail banks either?

FTSE100 🔺 0.1%

https://www.ig.com/uk/indices/markets-indices/ftse-100

https://www.baha.com/europe-mostly-lower-premarket-amid-german-cpi-ear/news/details/61422657?internal=1

Russian Ambassador to the United States Anatoly Antonov told journalists on Thursday that if US citizens are allowed to watch Russian President Vladimir Putin's interview with Tucker Carlson their "eyes would be opened."

"Carlson asks simple questions: why should American citizens direct their tax dollars not to improve their security, not to rid the country of drugs, not to remove homelessness and poverty from the streets of American cities, but to send billions of dollars to some faraway country?"

Earlier, US National Security Council (NSC) Coordinator for Strategic Communications John Kirby advised US citizens "not to take at face value anything Putin has to say."

Baha Breaking News (BBN) / DD

https://www.baha.com/Antonov-Americans-will-open-their-eyes-after-Putins-interview/news/details/61420681?internal=1

Stockopedia comments...

Sondrel (Holdings) (LON:SND) - bonkers mover of the day! Up 140% to 14.25p for this almost-bust chip designer. Company issues statement noting press speculation (Daily Mail article pumping it here), saying it doesn’t comment on customer links. It does say continues to trade in line, and has demand remains strong. It needs to get emergency fundraising done, this looks like a pump to help get placing done maybe?

FTSE100 🔺 0.1%

https://www.ig.com/uk/indices/markets-indices/ftse-100

https://www.baha.com/Europe-mixed-premarket-with-all-eyes-on-earnings/news/details/61414489?internal=1

Arm Holdings Plc. disclosed on Wednesday that its third-quarter revenue for fiscal 2024 landed at $824 million, marking a 14% jump in comparison to the corresponding trimester a year before. The figure came in above analysts' expectations.

However, its GAAP operating profit dropped by 45% to $134 million in the third trimester. Net income was down by 52% to $87 million, with its diluted earnings per share clocking in at $0.08 in contrast to the $0.18 registered last year. The company projected that it will garner between $850 million to $900 million in the closing quarter of fiscal 2024.

"Arm delivered another quarter of record revenues driven by continued adoption of the world's most pervasive compute platform," Chief Executive Officer Rene Haas said. "The AI wave drove licensing growth as these new devices require Arm's performant and power-efficient compute platform," he added.

The company's stock skyrocketed by 24.81% in the extended trading after the earnings release.

Baha Breaking News (BBN) / AB