Member Info for nomlungu

It is also a problem for large banks who bought bonds when interest rates were low and have yet to account for the losses they have incurred as the value of those bonds have dropped as interest rates went up. And then there are the unrecognised losses on commercial property loans.

Expect the BoE to enforce mark to market rules soon as holes in balance sheets will need to be found and addressed. There will be first mover advantage for regulators as there is only so much money floating around to recapitalise banks that need funding.

It is a tax on the working class; you should feel privileged that you have been allowed to contribute to the upkeep of the upper and monied class.

And the Dear Leader gets tithed 25% of that for his Divine Guidance; Shareholders should rally round and petition for greater reward for his inspired stewardship.

Peter Stefanovic explains Richy's '5 promises'

https://twitter.com/PeterStefanovi2/status/1652725611838730240

Fitzy66,

That would make more sense if this was the BP or Shell board; maybe NIMBY conspiracies would make more sense?

Some here are still keen on the returns and NAV discounts offered by REITs. I think the party is well and truly over with just some drunks still dancing.

https://txtify.it/https://www.ft.com/content/da9f8230-2eb1-49c5-b63a-f1507936d01b

The coming fire sales are going to force losses to be realised / accounted for.

'
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https://www.ft.com/content/f928330f-0e6f-4ab1-be14-25b7dbc9e3b8
“What will likely happen is the FDIC will seize control and then simultaneously resell the asset to the successful bidder,” said Gary Cohn, the former Goldman Sachs banker and adviser to President Donald Trump, speaking on Sunday morning to CBS’s Face The Nation. “I think that will happen sometime later this afternoon?.?.?.?before the markets open in Asia this evening.”

https://www.ft.com/content/f928330f-0e6f-4ab1-be14-25b7dbc9e3b8

So they get to buy a prepackaged fire sale deal on their terms, as the deal MUST be done before Asian markets start trading; 4 hours until Tokyo opens.

'That is less than the median salary for AIM CEOs in 2022 of £386,000 and total median remuneration of £565,000.'

Down over 99% from the 11p highs and postalot has the audacity to suggest shareholders are getting a bargain. The Dear Leader (praise be his name) must be delighted that he has rampers who are prepared to post rubbish in his defence in the hope of getting some of their money back.

I do not subscribe to the 'paid posters' conspiracy theories on some of the boards but postalot's comments do make me wonder occasionally.

'Any thoughts'

I hope not - this has the potential to start producing free cash flow in excess of the current m/cap before the end of the decade from existing resources. Any takeover premium would have to be significant...

Stealing from dead people - how low can you go?

Plenty of El Nino warnings about; this video from 'Just have a Think' is worth a view (especially if you think any Canadian mine investment is safe this year as the fire season will be the 'brightest' in years:

https://www.youtube.com/watch?v=rwdxffEzQ9I

Please repeat:

""All who so desire, in the Abbey, and elsewhere, say together: I swear that I will pay true allegiance to Your Majesty, and to your heirs and successors according to law. So help me God.""

Good to see you back, Adrian.

#100%_fool

After hours 2.33 -1.18 (33.62%)

tick tock...

https://www.theguardian.com/world/2023/apr/29/ukrainian-sisters-lodging-northumberland-musical-prodigies

I thought that might make you smile...

UK life expectancy = 81 years
ZA life expectancy - 65 years.

16 years more old age = more sick years. Life expectancy in UK at 80 is over 9 years...

evi,

There has been no historic problem of students fraudulently voting twice. What the CONservatives have done is create an imaginary threat to campaign against which (a) makes them look good to their swivel eyed voters and (b) has a marginal effect of suppressing non-Tory voters (who are poorer and less likely to have acceptable photo ID; less likely to have the leisure time to be politically aware and know of the changes and less likely to have the time to go home and collect photo ID if they forget to take it as they are too busy working 60 hours a week on minimum wage.

It is just cynical gerrymandering dressed up with a veneer of 'eliminating voter fraud' (which was almost non-existent).

#T-NUCs

evi,

Type "James Sunderland immigration" into Google and it comes back with a note saying: "Some results may have been removed under data protection law in Europe".

Has he had the lawyers onto Google to clean up past offensive statements?

https://www.youtube.com/watch?v=GnsG7enOM6U

I thought he was taking the proverbial... but, alas, no.