Member Info for OracleofOldham

Is the government still claiming they are protecting the shareholder??

https://www.youtube.com/watch?v=UeP0QwSHKr8&list=TLPQMDEwODIwMjLj3L6ssj5OOg&index=4

Welcome, I'm not largely invested here but have it in my 'coffee tin' as a possible 100 bagger.
Not that I'd say likilhood is high that it gets bear Starbucks but I do feel it has a nice niche in the 'coffee shop' market. Disappointed they are stopping in US and Japan but I don't have a specific target or timeline and it makes sense to build a strong foundation in your home geography before trying to expand too quick (esp with supply chains as they are).
Anyway if you don't get shook out by and future large price drops I'd say you'll be well pleased with your investment in 5-10 yrs time

I don't wonder what the response of mother Russia would have been for their actions against the state has it happened there

Chiliboots aren't these guys lucky to be in a society and country that allows them to criticise the government's actions.
If they want to act like Russia, China, Syria governments are at the same level to US UK and Europe then more fool them and I hope they don't ever have to fine out what the difference really is for citizens.

Anyway Ukraine attack around Kherson is good for us as reduces the likelihood of our Iron getting blocked from going west and also makes it less likely port Pivdennyi (Yuzhny) will be to damaged.

Also good in context of getting peace as if Putin starts to feel he could lose areas as time goes on he's more likely to try and stick instead of thinking the longer it goes the more land he will take.

@Panda, IMO strong dollar will bankrupt the third world and put many other countries in difficult positions, therefore I cannot see a strong dollar longterm (talking more than a year as I know long-term can mean daily to some :) ).
As inflation starts to come down, even if not to 2% but 4-5ish I expect fed to stop and possibly lower interest rates whilst they tighten or keep interest rates and stop tightening. A strong dollar is also not good for US companies who have global revenue and as much of US wealth is in the market they will not allow this to fall the way some are talking (eg another 50-80% drop when we are already down20%).
What they might also do is send money to other countries which will weaken the dollar globally but won't affect inflation in the US as only the 'Eurodollar' is expanding. (yes can be crossover but sure you get the point).

Anyway long story short, I think the next 10-20 years are going to be very good for commodities and in turn miners with the increased demand from electric cars, green energy sources, the increasing wealth of middleclass in China etc.

That obviously doesn't mean it will go straight up or that Russia won't in a few years decide it wants to grab some of Kz but unfortunately most of the ores and minerals are in dangerous geographies so that's the risk you take and let's face it anyone who's bought in here since the drop should be very aware of the risks.

All IMO, DYOR, blah blah, etc but I've been buying miners the last year or two and intend to continue (though not all in one geog or commodity type)

compared to comparable competition like Starbucks, Costa, etc the drinks aren't expensive or overly.
And the chocolate you can't really compare against supermarket bought chocolate. Like Burberry showed me the last few years, those who like to and can afford to buy the premium items in a sector are usually the ones least likely to be affected by recessions at least initially.

"The Kremlin has decided to ban the word “why.” It is un-Russian and even anti-Russian. The only people who ask it are foreign agents or spies. No Russian patriot does."

Sounds like the rule around Brexit

Got to be benefit for a company like Next though

Predictions are tricky, especially about the future

surely if green movement had been earlier Putin would have no leverage at all?
Also demand for oil is still well below 2019 so issue is with supply, but mainly price gauging as if oil had really gone up margins would be squeezed instead of which oilers are making record profits. In UK it also helps that Torys are busy killing the pound so even though oil has been coming down in dollars it's still going up in sterling hence pump prices going up.

In the main everyone (esp on this board) are way to short sighted.
Bringing this back to Poly I see people hoping for Russian assests to be sold off when they will not get good prices for them just to make a profit or dividends quicker.
I hope we don't split. I want in 3-5 years this to be back at £15-£20 and am very happy to wait for that taking divs as we go.

Hi inflation you'd think will be good for gold but I have to make the worry that our current chancellor says he's going to bear down on inflation, then talks about how they've given money to people to help then with higher rates.
Just like the last idiot who looks like he's going to be PM saying giving everyone £400 for energy bills isn't inflationary.
Right or wrong on the decision to give money the real nightmare for this country is neither of them seem to know what inflation is or how it's caused

Shame we are leaving US though at least we will still be in the market online, and I hope we'll be returning in the not too distant future as that's a ridiculous market. However makes sense given recessions and inflation to make sure the foundations are strong before further growth.
Flingers crossed this is the last big drop for many a year but Aim stocks do love volatility

@pokerchips, India is still only 1/3 urbanised, a long time before they get their economy to compare with China or US IMO, maybe never.

If you've got spare cash then it will be great time to buy more of loads of good businesses.
If you don't then just come back here in a years time and ignore market till then

"AO told the City that the move was a reduction from the heightened levels needed during the pandemic, and that the move has not affected its liquidity position."

If true then def worth a buy at this level but after 2008 and seeing how people can say there is liquidity right up to the point bear goes bust has lessened my trust in these guys.

On other hand I expected much bigger drop so whilst i'll be holding , it might be a good entry position for anyone with this on their watch list
dyor

I agree Chippyjoe , was just going to critique the idea that selling something at "at ridiculously cheap prices." compared to previously somehow improves Russia's exports. In fact it will obviously reduce any profit.

sames,
I'm down to only a few hundred left in here though so not going to wreck me if this goes under. just a shame as I had high hopes this could move on and out from UK to other regions, I guess the talk about falling back from Germany was a bad sign.

you do know that's because they talk about know supply and obviously expected and still do to discover more as technology improves both in detecting and drilling

Hopefully it stops going up as I want to buy more here next month!
Can't see anywhere better than big miners for next decade or longer, even if there's a little recession in the short term