Member Info for mick-b

Congressional leaders in the United States have successfully reached a funding deal, setting defense funding at $886 billion and non-defense funding at nearly $773 billion for the current fiscal year.

The bipartisan agreement has a tight deadline of 12 days to avoid a government shutdown before the current funding runs out.

The measure, though celebrated by House Speaker Mike Johnson for securing $16 billion in additional spending cuts, faces challenges from conservative factions pushing for border reforms and holding up President Joe Biden's $100 billion aid request for Ukraine, Israel, and Taiwan.

Baha Breaking News (BBN) / NL

Computer Weekly broke the first story that exposed the problems being experienced by subpostmasters.

Picture of the letter Alan Bates wrote to Computer Weekly in 2004

The letter Alan Bates wrote to Computer Weekly in 2004

In 2004, Alan Bates, a subpostmaster in north Wales, contacted Computer Weekly about the fact that he was getting unexplained shortfalls, which he was convinced were caused by Horizon errors.

https://www.computerweekly.com/feature/Post-Office-Horizon-scandal-explained-everything-you-need-to-know

Drivers in southern Sweden were stuck in their cars overnight as deep snow made a major road impossible to pass.

The Swedish armed forces have delivered food and water to up to 1,000 vehicles stuck in heavy snow for nearly 24 hours. Many have been evacuated by rescue teams and told to return to their cars later.

The section of the E22 motorway in the region of Skane was hit worst by the problems on Wednesday evening, as Sweden experienced its coldest January night in 25 years.

https://www.bbc.co.uk/news/av/world-europe-67880990

Health minister ⁦⁦ Gillian Keegan husband’s firm was given £24MILLION in Government contracts.

Michael Keegan was also the head of Fujitsu the firm behind the Post Office IT scandal Horizon.

Tory corruption everywhere

Alan Bates turned down an OBE as Paula Vennells, the woman in charge of the Post Office through the Horizon Scandal, retains her CBE and refuses to give it back.

A man of honour 🙏🏼❤️

Alan, 69: “The first thing that sprang to my mind while reading the letter (offering me an OBE) was Paula Vennells still had a CBE. I felt so deeply insulted. She presided over a policy of harassing hundreds of innocent people. It’s not just that the Government hasn’t asked her to return it. What’s even worse is that despite knowing the strength of feeling about it, how people have suffered and some cases died on her watch – she doesn’t feel inclined to give it back.”

Alan accepted a Pride Of Britain award in 2023.

We were over the moon to give that to him.

Not all heros wear capes 💜

Geothermal energy should be exploited everywhere. Unlimited energy beneath our feet.

Many innocent post office owners were advised to plea guilty to stay out of jail.

Compulsive Lier Rishi Sunak says the Post Office scandal was "a long time ago in the 1990s."

But between 1999 and 2015, more than 700 post office branch managers were accused of theft or fraud because computers wrongly showed that money was missing.

Early Japanese cars were rust buckets as we later found out.

Chinese electric cars are a complete unknown longterm wise. But we do know they don't trade fairly under WTO trade rules receiving unfairly various state subsidies plus they nick lots of Western Technologies.

"Russia is NOT paying out the claimed bonus for the families of soldiers killed in the "special military action" because the soldiers are only being listed as missing, not deceased. So, the financial costs for deceased Russian soldiers are minimal."

Climate change increasingly brings new climate extremes....

Thanks NOM

JCB

Your situation is the same as my brothers.

He has a Will and has gifted his whole estate to his favourite charity (which he won't disclose.)

Meanwhile he travels the World with a friend and does a Viv Nicholson...........and

SPENDS SPENDS SPENDS‼️‼️‼️‼️‼️

Rheinmetall BAE Systems Land is a joint venture between the United Kingdom’s BAE Systems and Germany's Rheinmetall AG for military vehicle design, manufacture and support. The company received regulatory approval on 13 June 2019. Wikipedia

Only FOOLS pay IHT.

With so many loopHOLES (gifting, trusts, woodland, agricultural land, AIM shares etc..), IHT regulations contain more HOLES than your Swiss cheese.

Paul’s opinion - I very much dislike the numbers from SFOR - explained in detail here on 18 Sept 2023, when I dissected its interim results.

It strikes me as bizarre that SFOR is today talking about dividends and share buybacks in 2024, when surely debt reduction should be its priority?

What about a cyclical recovery then? The US tends to have short & shallow recessions (if it has one at all), so SFOR shares might come surging back if it starts reporting growth again. The trouble is, I don’t see any track record of proper profitability at SFOR, even when economic conditions were better. For that reason, I’m not at all convinced there’s a good company here, as there’s no evidence of it as yet.

So it’s another thumbs down I’m afraid. There could be a trading bounce in this share at some point, but on fundamentals it looks very poor I’m afraid. It’s not cheap either, with an enterprise value of c.£560m, even after its collapse in share price, losing c.93% from the bonkers Aug 2021 peak.

Generally speaking, I’m not a fan of startups where some star manager tries to recreate former glories. It’s surprising how often they’re not able to do it, especially when macro conditions are tough. Yet investors are asked to pay up-front with a lofty valuation before anything has been achieved. Risk:reward has turned out to be very poor on SFOR. So far anyway.

https://app.stockopedia.com/content/small-cap-value-report-thu-9-nov-2023-sfor-act-vid-adf-zoo-agfx-wrks-pcip-979594?order=createdAt&sort=desc&mode=threaded

They are flightless insects found in the US and parts of Mexico.

LOOK what an amazing critter‼️

https://twitter.com/gunsnrosesgirl3/status/1743200319398392254

David Soul: Starsky & Hutch actor dies aged 80

RIP

Had a lie in after a sleepless night.

Having seen the state of the market should have stayed in bed.

JD moved to 120p

An extra 2 weeks journey time for around 25% of the World freight due to the recent Red sea threats.

Will increase inflation on freight.

We have halved inflation....don't you know.

Another compulsive lier

A tory disease

Brix

Hope she doesn't read your filthy posts.

From one who has two lovely daughters.