Member Info for nomlungu

This came up on Y-Combinator news today:

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6530042/

An amusing story to give relief from the Tories imploding:

https://www.atlasobscura.com/places/worlds-first-salmon-atm

TSE: ASND up 7% so far today and people seem to be looking for UK £ hedges - MAFL's portfolio seems to offer some shelter even as the trade wars heat up.

I laughed then I realised that is actually not funny.

I retired young and if they fek the economy up I may have to get off my lazy butt and do some work again. But then again, I am waiting for the house price crash to buy property in Cornwall and there may well be some bargains about so my realism about the impact of a no deal Brexit may well pay off.

I might have to replace the organic beef in my curries with red kidney beans and say goodbye to the french butter - at least Strong Ale should not go up much.

But you are excluding the tax cuts that will be part of his election sweeties - the list includes:

A cut in VAT (helping the bottom of society);
Increasing the size of tax bands (making the tax system fairer);
Reduction in the top rate of tax (rewarding entrepreneurs);
Fuel duty cut (helping the hard working who need to travel because the trains are so bad);
Reductions in stamp duty (to help young people get onto the property ladder);
Reduction in the corporation tax (rewarding entrepreneurs);
Increase in capital allowances (encouraging investment);
etc.

Starts becoming a very high bill.

langtro,

Boris is going to break the bank to entice voters and, after he wins his game, it will take a little while to announce that benefits have to be cut (and benefits will include state pension freeze / increase in age of entitlement) because of the significant increase in the deficit.

#Austerity2.0

'will be averaging down if it touches 250' - it will be worth watching PMQs on Wednesday as it looks as though Boris may be trying to force through a snap election for early November after the UK has left the EU without a deal. If that happens there may be many temporary bargains around.

Political sentiment could outweigh any market fundamentals for a while.

Most of the UK's fishing harvest is sold on the continent - time delays and tariffs will ruin that trade.

Fancy Horse Mackerel and chips? Not many do and it is one of the top exports of fish from UK waters - used for pig food in Holland. Why add some Brexit vinegar (that sour taste people get when they see the value of their houses crash - the blue-rinse Tories will love that).

Diageo up 2.6%, Unilever 2% and GSK up 1.7%, £ down 1.5% against the $ - the Market loves Boris and his merry band of Brexiteer pirates (or should that be highway robbery men as they seem to want to make us all poorer).

Disappointed Remainer - yes; Incompetent government - it appears so.

It would be interesting to know if the market makers will take a large chunk of shares - say 5 or 10 million - or of it will go straight to Negotiated Trade? Do they know a placing is incoming or are they trying to play games to get cheap shares as Freddy has suggested.

They will happily sell me 2.5 million at a little under 0.16p.

You can buy the t-shirt on Amazon:

https://www.amazon.com/Its-Okay-Im-Amateur-Gynecologist/dp/B07NCCGG3N

Metro is madness imo - no matter what happens with Brexit the bank seems fundamentally damaged. The mcap is now only £110m more than when it did the £350m fund raise a few months ago.

Not sure what the logic is buying the 10th the most shorted shares on the market but each to their own (but then, I am highly risk adverse at the moment).

Metro is madness imo - no matter what happens with Brexit the bank seems fundamentally damaged. The mcap is now only £110m more than when it did the £350m fund raise a few months ago.

Not sure what the logic is buying the 10th the most shorted shares on the market but each to their own (but then, I am highly risk adverse at the moment).

I have about 30 percent of my SIPP in Unilever, Diageo and GSK and they have all seen an approximate 25% gain over the last 6 months. Stop Brexit and the £ will rise and I will lose the gains - no deal and the £ will fall even further and they will keep rising.

Having to watch politics instead of market fundamentals is pizzing me off but, what else are you supposed to do in this crazy political situation (I hate seeing profits drift away by not being proactive).

Last weeks rise was based on a call between the US & China that actually never happened:

https://slate.com/business/2019/08/trump-phone-call-china-trade.html

Does SXX realy need a junk bond? The coupon is higher than some emerging market Dollar denominated bonds.

More shooting

https://www.thedailybeast.com/active-shooter-reported-at-multiple-sites-in-texas?ref=home

Just finished my vegetable washing shift and back at my council paid for bedsit and I have to read about spillage plans - who cares if the share price goes up?

#sarcasm

'Check the terms of the bonds.'

What bonds - they were unable to get the bond sale finalised despite there being $17 billion in negative yielding bonds.

Nobody knows what coupon or terms will be set when they next try and get bond financing.

Bill Clinton regrets 'three strikes' bill - life for $50! How many politicians were not jailed for the expenses scandal?

#Free_Mumia Abu-Jamal

Dorian is changing course and these Superfund sites are being threatened again. Good thing that the great donald ducks environmental concerns and has gutted the EPA (#sarcasm).

Macalloy Corp - This Charleston, South Carolina, site of former smelting operations was found to contain cancer-linked chemicals.
Koppers Co. Inc - This is a Charleston site of former lumber and fertilizer facilities near the Macalloy site. Underground contamination has been capped there.
Geiger - This site near Charleston processed waste oil, including in unlined lagoons, resulting in soil contamination. It is currently used for equipment storage for a construction firm.
Parris Island Marine Corps Recruit Depot - This military facility in Beaufort County, South Carolina, had a variety of former uses that contaminated water and soil, including dry cleaning, waste dumping and paint disposal. EPA information indicates the part previously used for pesticide storage poses the highest ongoing risks.
Wamchem Inc - This site in Beaufort County has a former dye production facility that contaminated groundwater and soil. Groundwater treatment continues there.
Triangle Pacific Corp - This site in Pasquotank County, North Carolina, was known to have generated two separate hazardous waste streams from the manufacturing of wooden cabinets. The waste streams were created from spent non-halogenated solvent-based toner, lacquer thinner and lacquer dust. The toner and lacquer thinner reportedly contained various chemicals, including methyl ethyl ketone, toluene, acetone and isobutanol as well as the metals cadmium and arsenic. The nearest residence is about 300 feet from the site.
Marine Corps Air Station Cherry Point - This 13,164-acre site in Havelock, North Carolina, includes an active Marine Corps installation. The site contains contaminated groundwater, soil, sediment and surface water resulting from the installation's operations.
Horton Iron and Metal - The 42-acre Horton Iron and Metal site is in Wilmington, North Carolina. Fertilizer manufacturing took place at the site from 1911 to 1954. The site contains contaminated soil, sediment and groundwater from past industrial operations there.
FCX Inc - Located in Beaufort County, North Carolina, this is the site of a former farm-supply distribution center that contaminated ground and surface water and soil with pesticides, herbicides and chemicals used to treat tobacco.