Member Info for mick-b

Sidecars in the 50's were very popular as the whole family could have a cheap day out.

Kids in the sidecar wife as passenger on bike. Cars for the well of so few of 'em about.

Roads were clear of traffic inspite of no motorways.

Happy days...back in the day....my day‼️

Like the wing mirror on his helmet.....

Suella Braverman claimed £25,000 in second home allowance while living rent free with mum and dad. Now she's cracking down on people sleeping in tents on the streets.

That playbook has revealed itself over the course of the year.

Some of his pronouncements border on the fantastical. His government will invest in flying cars and build "freedom cities" on empty federal land, where Americans can live and work without burdensome regulations.

Others are controversial, such as his plan to round up the homeless and move them to tent camps outside US cities until their "problems can be identified". Some lean directly into the culture wars - he wants state school teachers to be required to "embrace patriotic values".

He also doubles-down on protectionist policies, calling for a "universal baseline tariff" on all imports, which can be raised on countries that engage in "unfair" trade practices.

On immigration, he wants to reinstate the policy of making undocumented migrants stay in Mexico while they apply for asylum. He also calls for an end to automatic citizenship for the children of undocumented migrants born on US soil.

He pledges to cut "hundreds of billions" of dollars in US international aid and end the war in Ukraine in the process. According to media reports, he is contemplating a US withdrawal from Nato or, at the very least, scaling back American involvement with the trans-Atlantic defence pact.

"The greatest threat to Western civilisation today is not Russia," he says in a March video. "It's probably, more than anything else, ourselves and some of the horrible, USA-hating people that represent us."

source - BEEB

"Don't drive it like you stole it

Drive it like KENNY"

https://www.youtube.com/watch?v=UyNHBI7WPoU

lo!!

Revolving credit TROJAN

NEW for OLD (bonds)

International Personal Finance’s Ratings Unaffected by Planned Notes Issue

https://www.fitchratings.com/research/non-bank-financial-institutions/international-personal-finances-ratings-unaffected-by-planned-notes-issue-02-11-2023

GOOD NEWS....

Corporate bonds are issued with fixed rates

Just ONE £25 for me....

Worst month for years....

"Average price now 20.61p"

Walter Mitty.

GAZZ

Just incase you're unaware.....

bonds rollup interest payments meaning that if you do sell before maturity, interest is paid for EVERY SINGLE day you have held.

EVIKING

"I am currently watching the film Black Swan. "

Not seen it but the "Big Short" is a cracker.

I held IPF bonds many moons ago...

Starmer fears the right wing press so follows the Government line.

I remain a fan of this business, although I acknowledge that it’s high-risk. The company’s debt is rated junk by the agencies and some investors will feel much safer owning IPF debt rather than equity. Maybe the risk:reward is even better with the debt: earning 12% interest as a lender to this company doesn’t strike me as a bad deal at all. I’ll be curious to see what price the new proposed retail bond achieves.

The company is still operating at a much safer level than it feels it is able to: it is actually hoping to take more risk as it continues to grow, in a manner that boosts profit margins and returns on equity.

The most recent balance sheet (June 2023) showed equity of £463m, or tangible equity of £410m. That compares with a market cap today of only £286m.

The share price hasn’t grown today despite another positive update, but the market may have already priced in the good news in recent months.

https://app.stockopedia.com/content/small-cap-value-report-thu-26-oct-2023-scs-vlx-ipf-bmy-agfx-978494?order=createdAt&sort=desc&mode=threaded

Global shipping prices.

Due to the very high container prices being charged during the pandemic, too many new container ships are coming onto the market to make a fast buck.

Overloading the market,

"Sunak tells Musk he wants people to be more willing to give up "the security of a regular paycheck and be comfortable with failing" to start up companies"

Presumably he also wants them to be willing to give up the security of regular meals and housing?

FTSE100 🔺 0.45%

view live >>>>

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

https://www.teletrader.com/europe-up-in-premarket-with-new-data-in-focus/news/details/60921914?internal=1

"This video isn't available anymore"

SHAME ..

Just been deleted.

ADMIN lightening quick