Member Info for patxd

Share has been off recently because of less exhuberance in Chinese economy in part due to the COVID. But China still a global producer with much lower costs than in the west where we probably overpay ourselves for expensive housing that hikes the cost of domestic production even if Chinese products not as cheap as they were.

A good business. Long term who knows what will happen when present CEO ‘retires’. But it’s a business that would have a good buyer whatever happens. 2.5p x4 = 10p with an SP of 2.00 would be 5%. Good hold

Depends much on China. But they have big populations needing to sell finished goods to feed themselves in their blocks of flats- no way back to the fields it seems. Cheaper yuan helps their prices. $ strength will not last forever either

Don’t you think we probably have too many supermarkets but never complain enjoy the choice and pray it lasts. But some as indeed Tesco now so large that you have to ask an assistant to look up on their fon which Lane to find your product! Never the day when one supermarket in each town and a long queue !

Is Middleton a new boy ?

Issue of debt

Think surely British Gas would be the one Starmer would make ‘Great’ if he could get his hands on it?

Look forward to a few at 4 quid again a reduced dividend would not matter for a while but politics as they are there is a nationalisation risk even when this company has done better than many aboutvraw sewage!

New Tax coming soon

Soon back to 99p and a penny to be made!

Dog poo good for U

No it’s simply that BT was privatised and is in effect a cash cow saving the Government paying the fat pensions of pensioners stuffing their faces all for ever costing more bleeding away profit living forever

Centrica now bailing out customers who don’t pay no need to be a customer. Dog has had its day!

Dog share .Govt cash trap

They will be getting a lot of debtors and defaulters and then they even have a bailout for people not even their customers. Dividend a pittance

Will be a dog forever waving it’s tail to be screwed by every cas strapped Governmment

War

COVID and Long COVID. Some take the view you havetodievonevway!

The chances are still that over time the Chinese sensible people they are will find eventually an accomodation with Taiwan where they successfully coexist. It’s not the same as Hong Kong that was our former colony China has not stood still in last 50 years it only wants to go forward not backwards.

Problem is gold and silver a hedge against any sterling weakness but it’s it’s a bad wicket if interest rates rise globally particularly $ rise as it has no yield- just an opinion!