Member Info for Pooks

Reckitts, Close Bros , Vanquis .. all with potential claims against them ( bogus or not ) . Small or Blue Chip the market is doing what is does is run away from unmeasured risk. There’s also the fact that inflation is still with us here and more so across the pond irrespective of what governments say and markets are now pricing in interest rates remaining high for some time yet, of course pre election they will drop.

Totally agree Divid

Yes it may give a short term boost to the SP and no doubt you’ll make a few bob in the following days but I think most serious investors are looking for a consistent flow of climbing profits. Let’s be honest the last lot purchased a modest amount but it did bugger all for the SP .

Patience my dear friend… this stock is a wee bit out of fashion but like all things what comes around goes around., only a good dose of balance sheet profit will take this ugly duckling on the wana buy list again.. just be patient market sentiment outweighs fundamentals.

Thanks Baysilhope … looks like a very positive day

Can’t see that happening… 3rd party will cease to exist.

Baysilhope … Thank You , an accurate and balanced view of the past which frankly as an investor one has got to park and look to the future otherwise why would you invest. As I’ve said before this is a two year turnaround but I truly believe at this level should return handsome rewards . Short term investors will only get frustrated.

Don’t pin all on tomorrow this is a two year turnaround… What is of major importance tomorrow is the road map for the future.

I agree with Guinness give it a rest, you’ve just about done every conspiracy theory known to man if investing winds you up so much Don’t Do it .

I wish somebody or company would..

Mr Lewis might be the people's champion in basic financial stuff but he’s in severe danger of cutting off lines of credit to the opportunist vultures that follow him.

Joseywales i think you’re right there’s a few on this site that are definitely on something or it’s a coded language for the super intelligent.

Is this some sort of foreign language ???

It’s not so much about the headline story but how much other banks liabilities are it makes Vanquis troubles nothing… Close Brothers Bank are having to raise capital to shore up finances. All the big banks are involved.

Only NED position shouldn’t have any impact

I urge you all to read today’s article in the Money Mail section today… wow , in a strange way it could unwind in Vanquis favor.., Thoughts .

Ooops got the wrong channel.

Couldn’t agree more… it’s all about trusting into the recovery and remodeling of this business otherwise why would you invest… This will take TIME.

Never mind the technical’s for a moment it seems to me any bad news warrants a total all out overreaction even though the problem is temporary. It’s not just in the investment world but across society in general… a total lack of common sense.

This is dated 2020 ..What’s the relevance ??