Member Info for mole_man99

Sometimes it is just hard for long term holders to let go. Not realising the loss makes it not quite real. Been there done that.

I worry now about VOD's debt in the tough period coming. They also seem to make no money these days, so would just need more debt to pay any divi, which is what they have been doing the last few years.

Not a sustainable plan.

Enlightening.

Perhaps, and one can only hope, lessons are being learnt high up. Communications being a matter of national importance, I hope Government will be looking to ensure security of coms networks. Not Huawei evesdropping, but just making sure the thing can work if cross border becomes an issue.

I expect letting the Chinese build and run a nuclear power station is off the table now. Small blessings.

More fun tomorrow. Dow futures hit the down limit pretty quick.

What Deal?

Interesting reading up on Dalradian though. 'The most controversial planning application in Northern Ireland ever'.

Confirms one of my suspicions about Conroy some ten years back. Surely the residents of Clontibret don't want a gold mine in their emerald back garden. Probably open pit as underground costs too much in the developed west.

On the slight positive, it is going to get really tough but Government always seems to have a soft spot for getting the housing market going again.

Mortgages becoming hard to get. Maybe just a temporary thing.

Lenders pulling low deposit mortgages from their offerings.

Ah yes, electric cars.

We'll need hundreds of oil and gas fired power stations to generate enough electric to charge them.

Whenever I contact Voda support it goes to India. Wonder how it may effect day to day ops with all India locked in now?

I in 4 are now unemployed or furloughed. Reuters.

Or the 3400p back in 2001 (adjusted for stock consolidation).

The prof must of overseen one of the best value destructions for a still trading company in the history of the markets. I would love to meet the guy. Must be inspirational to talk to. I struggle to raise £50 for my business, and it makes a profit.

And still people 'invest'.

Rightmove warning house sales are falling through now. Accelerated in last few days.

Housebuilders could have a bit of a Boeing moment on their hands, as they build up completed stock, but customers have no appetite to buy just now.

Of course we the consumer won;t see the negative price.
I seem to remember Trump crying out for Saudi Opec to get pumping to bring the price down. Now he has a crumbling indistry on his hands.
Careful what you wish for.

There is talk of negative oil prices. Storage so full, oil companies have to pay to have it taken away. You can't just turn a well off.

Unbelievable situation.

Times like these, I prefer to keep my funds safe. A Ukrainian factory with a majority owner under constant suspicion is not safe. That is why the market gives it a PE of 2.

FXPO is never boring that's for sure, but I got fed up long ago of the misfortune that follows this company.

I will be going with BDEV and RDW too, just like the last time. Here we go again eh.

There will be predictions of big crashes, but this time I don't think housebuilders are so endebted. Remember back then they also had rubbish apartment schemes on the books to build out and sell off, that nobody wanted.

General market gloom will see them lower probably, but they are getting interesting now for a 5 year play.

Beware the bargain trap.

VOD has been borrowing to pay the div. Big debt now and no profits to pay it down. Only real value for holders could be selling off assets like the towers.

Nice to see some action. Still not sure I would buy in now, as much better companies are becoming tempting prices in this rout.

Lookers has a smell that will linger. Real shame. Was in but got out.

I think I own that Toxic house in Sunderland. Certainly some in the NE, still underwater 14 years later.

I just paid too much, just like we have been doing with UK shares recently. We've been paying too much. They have been going up, just not VOD, so if you follow something like VOD, you think the whole market is like that.

Perhaps it is just a select few that are toxic, in that they tempt you in with safe status, but ultimately they are overpriced and events like this uncover them.

Cash out, watch it all drift downwards, then get into ones you know the value of.

There are good ones, and the prices are getting reasonable now, for long term gain.

Buy the company, not the share. Good management will always add value. Just pop over to LOOK, and you'll see the reverse playing out today.

It's becoming a bit obvious that this is holding up as the traders keep it there to allow the placing to happen, and will keep it there for a respectable period, say a week.

But eventually it must succomb to the general market mood. They won't be immune to Coro. Probably see shipment delays that will already be making a mess of their Christmas period plans.

Take care thinking it's super safe bececause it's the only share not falling.

Have a look at aerial shots of old RAF Bruntingthorpe. Acres of stored unsold cars. Even without dodgy management it was going to be a sticky time for car sellers. I think Lookers may be in some trouble now with self inflicted additional issues.

Break-up of the group maybe. Must be some value in the sites they own. Shareholders would get something, but going to be a stomach churner getting there.

Won't hang on to the bounce for long tomorrow with the fraud news. No shock to some posters below.