Current 1243...another 3p and that's me back to square one, but, with divvy tucked away....could be argued that I'm in the black once more, and anything north of this just makes things better....
We currently hope to achieve returns in the 12–15% range on tangible equity over the medium-term on an equity base that rises still further as a result of completing the actions we have outlined.
FTSE 100 6,494.55 -1.20% ......this and others appear to be slowly getting walked down to avoid panic selling. I am panicked....last time this happened was 2008/09......are we getting setup for another crash?
MF says: The art of contrarianism is about finding that hidden gem, that treasured artwork in a corner of your local gallery, or that piece of designer clothing in the department store bargain bucket. You know it’s a steal because no one else has spotted it. Standard Chartered is a prime example of this.
Iron ore stockpiles continue to grow and imports slump. As is the case with copper, the chinese stockpiled iron ore is not being put to industrial use...being used as collateral for loans.
To the 1200's. You cant ignore quality. I reckon we'll see an improvement once the T+ trades which were taken out on the ex divvy date have been resolved.