Member Info for nomlungu

for into the seventies soon; expected national covid lock-down unlikely to help with high street footfall or ability of loan recipients to make repayments on time. Will the long term holders still have ammunition to keep averaging down?

'See the black horse has lost another leg mate'

When a horse breaks down the most compassionate thing to do is shoot it in the brain with a large calibre soft nose bullet to shred the brain. Then patch up the hole and nostrils with fresh manure to stop blood discharge from spoiling the environment and attracting flies.

If the CONservatives cannot get a grip with the virus they will be closing down the economy again, probably from the 9th of October for 3 weeks [to overlap with school holidays - maybe a week later for 2 weeks]. This will be the fracture that snaps Lloyds leg and the knackerman will have to be called in. His version of euthanasia will be a cash injection to support loans to the wider economy and an underwriting of losses, all which come with a large equity stake.

#me_not_pessimistic

Ascendant also announced a private placing of approximately £700k to pay for the exploration program:

https://www.ascendantresources.com/English/Investors/press-releases/press-release-details/2020/Ascendant-Resources-Initiates-2020-Exploration-Program-Focusing-on-the-Copper-Rich-South-Zone-and-Announces-Non-Brokered-Private-Placement/default.aspx

I know I am biased but this did make me laugh for most of the 12 minutes - it is from the Late Show with Stephen Colbert:

https://youtu.be/Qyx5j6i98kw

Then you may have noticed my comment:

'And it does belong there - the value of banks is inversely related to the levels of bad debt and demand for credit in an economy; no trade deals lead to more bad debts and less demand for credit to invest in new businesses and improving productivity of existing businesses.'

Do you think leaving the Eu without a trade deal and getting no deal with the US will be good for the UK economy and the prospects for the UK banking sector / Lloyds Bank? I don't.

And it does belong there - the value of banks is inversely related to the levels of bad debt and demand for credit in an economy; no trade deals lead to more bad debts and less demand for credit to invest in new businesses and improving productivity of existing businesses.

No problem - and the spelling mistake corrected [lobbied]

John Redwood, a leading Brexiter, said: “Trade deals are nice to have but not essential. We did not have a trade deal with the US when we were in the EU. Getting back full control of our laws, our money and our borders is essential.”

https://www.theguardian.com/politics/2020/sep/17/angry-tory-mps-reject-joe-biden-comments-uk-eu-brexit-talks

So in the new brave world the free trading Brexiteers do not want free trade deals with the US or the EU? Someone should get the cops into Parliament to take drug swabs of the toilets, bars and restaurants and then samples from any MP who has lobbied for workplace drug tests.

John Redwood, a leading Brexiter, said: “Trade deals are nice to have but not essential. We did not have a trade deal with the US when we were in the EU. Getting back full control of our laws, our money and our borders is essential.”

https://www.theguardian.com/politics/2020/sep/17/angry-tory-mps-reject-joe-biden-comments-uk-eu-brexit-talks

So in the new brave world the free trading Brexiteers do not want free trade deals with the US or the EU? Someone should get the cops into Parliament to take drug swabs of the toilets, bars and restaurants and then samples from any MP who has lobied for workplace drug tests.

Troajan,

Whilst the article does not mention it, there is interest in the US in converting old malls into Vertical Farms; they have been going as far as rearing Tilapia to sell and then use the nutrient rich wastewater to feed the plants as well as using the roofs for solar power to provide the electricity for the LED lights they are using to grow the plants (normally salad veggies and herbs).

Growing Underground is growing salad leaves 30m beneath Clapham - I think Michel Roux Jr is an investor in the project (he was a Director according to Companies House).

http://growing-underground.com/

As the Private Eye would say.

a press conference.
"he recently fielded similar questions in his presser"

https://www.merriam-webster.com/dictionary/presser

He wants to start distributing the vaccine in October... Calling Biden an anti-vaxer because Biden does not want a vaccine that has not been properly tested distributed.

Claiming he has saved 2 million deaths. When asked about using the Insurrection Act to suppress dissent on election night (when he claims victory before the mail-in votes are counted) he confirmed as much stating that nothing will be allowed to interfere with 'this project'.

'this project' - seems like he is already admitting he will rig the outcome of the elections because of all the 'forged' paper votes.

https://www.youtube.com/watch?v=C7UMKv1nhkg

Troajan,

23 Investment Banks worked on the deal, probably sharing several hundred million $s in fees between themselves. And then they have the cheek to sell the $3.6 billion in stock at a 55% discount. I would hope that they got sued for negligence [and insider trading if their friends and family bought any of the stock issued]. It was probably just dumb Private Investors buying because the Sage of Omaha bought, but he knows fek all about computers let alone cloud services.

Anyway, I would hope that UK banks / advisers were better tuned to the price the market is prepared to pay here.

'For me I have seen this countless times before a massive bounce which autocorrects days/weeks worth of drops.'

And if it 50 bags it would get back to the share price it was 2 1/2 years ago.

Those are Dollars in them [Little Fluffy] Clouds

Cloud-data software maker’s shares more than double at open
Company now tops Uber, Dell and General Motors in market value

Snowflake Inc. soared in a euphoric stock-market debut that transformed the eight-year-old software company into business valued at about $72 billion.

Snowflake’s $3.36 billion initial public offering is an all-time record for a software company and the biggest in the U.S. this year. Its share price soared as much as 166% Wednesday, minting fortunes inside the company and across Silicon Valley.

https://www.bloomberg.com/news/articles/2020-09-16/snowflake-soars-130-in-3-36-billion-record-software-ipo-debut?srnd=premium-europe

Sometimes I wonder if the slower bio shares are just getting outpaced by new tech...

https://futurism.com/doctors-preparing-implant-the-worlds-first-human-bionic-eye

'CRISPR creates "surrogate sires" that produce prize-winning donor sperm'

https://newatlas.com/science/crispr-genetic-editing-livestock-surrogate-sires-prize-dna/

Scary stuff, a bit like bio-engineering cows, so they burp and fart less:

https://www.newsweek.com/cow-fart-burp-methane-genetic-modification-1447589

Maybe Farmer Joe will marry Engineer Edith, and they can make self replicating super-children?

NoRNS,

Add another series of down days and this board will become interesting to read again as some will be spitting blood in anger; a few new accounts fuelled by too much weekend drinking seems to show the true colours of a few which just encourages those who do not drink and short METRO to play tag team baiting them.

Nothing like losing money to bring out the best in people.