Member Info for Porsche1946

Amazing to think at the end of 07 AV shares were over 11 quid, pitiful performance, like the rest of brexit basket case U.K., ftse 100 now a no go zone for international investors, this was actually doing better under Andy briggs, had got over a fiver, capital destructive dividend shxt.

Management took on too much debt at the wrong moment, same as builders did in the run up to 2008 housing crash. Anything property related is a screaming short, builders, materials, agents, they’re toast, housing downturns are long cycles and this one only just getting going, brexit basket case U.K. sucking in inflation with a weak currency, terrible politics and parabolic interest rates, it writes itself. U.K. will be in hardcore recession 4th quarter so I’d be buying in the money puts on all this with expiry next summer.

In Feb 07 this was worth 6.83p, today it’s 1.50….what utter dogshxt the ftse index has been, pretty much whatever you look at on the brexit basket case capital destructive Jurassic park of an index is total crxp, just like Terry Smith says, full of rubbish, and that’s not counting all the stuff that just dropped out like M&S which used to be a top ten constituent and now is just a joke. Almost anything else you do with the money will be better than investing in U.K. listed shares, no wonder U.K. pensions have less than 2 pc in vested in this vomit. Country is fxcked now anyway, high speed terminal decline, stick to US shares with USD protection as sterling is doomed as well.

This will be down to covid lows by 4th quarter or 1st quarter of next year once hardcore recession recession bites, parabolic inflation and interest rates, brexit basket case U.K. of course with its own particular set of now terminal impoverishing problems, unfortunately what happens when you allow the great unwashed to vote on anything important.

This hopeless dogshyt will be sub .22p once recession kicks in 4th quarter. All the cracks already appearing. Pity Rose has had to resign over at natwest, coutts was bang on to chuck out brexit filth like farage.

That little twxt sorrel wrecked WPP in the final years ( I was a shareholder, sold out and invested the capital into Msft and Fundsmith thank god ) so glad to see this pos tanking. Justice. Everything listed in brexit basket case U.K. doomed anyway, terminal decline index in a terminal decline country. Recession will kick in 4th quarter, advertisers will be toast.

@avocet…of course its a joke companyyou tit…a total pile of capital destructive shyte, ..like pretty much the whole ftse 100 dog index of the world.

What’s “ cheap “ with Vod? It’s collapsed by two thirds in a fairly short time span, and is still over valued. It’s just a falling knife. No, I don’t buy “ cheap “ I buy quality, think Msft at sub 230 and apple at 1.19 I picked up last Oct. I short junk like this.

…the article in that brexit rag the telegraph re BT is a rehash of on a old drivel article, it’s rubbish, hence bt share price not moving. Their shareholders would never allow them to pump more money into a pos like BT, it’s an historical investment that has been a disaster for them, a bit like any investments made into the U.K. since 2008.

Nobody is going to bid for debt ridden junk like Vod ffs. Anyone invested in dividend crxp like Vod, BT, GSK, psmn etc deserves what they get, a good investment right now is US T bills, short dated or U.K. treasuries which will be north of 6 pc soon, with zero risk, what muppet would buy U.K. listed dross when you can get a 5 6 or maybe even 7 pc return risk free. Duh.

Dog of a company dog of a share, U.K. property market heading back to 2008-13 profile, the brexit basket case will never cope with parabolic rates and a recession at the same time, expect this dogshxt to go to about .12p at the end of this or more likely taken private by bondholders and management for a couple of pennies. Terminal.

Heading back to its covid lows. As I predicted Jansen giving up on this, he’s been a disaster, riddled with debt, has the U.K. gov regulating its profits away and a pension millstone, terminal. The rubbish in that brexit rag the telegraph just a rehash of an old drivel article, hence no movement in share price. This is going the same way as that other “ dividend dog “ Vod.

The last dividend will be the last one this company pays for the next few years, possibly ever, terminal. Even by dog index of the world brexit basket case ftse 100 terminal decline standards this is a shocker, for shorting purposes only, buy 2024 in the money PUTS, once this breaches .70 this will print.

Cevian picked a good time to dump out of AV. U.K. indexes are in real trouble now, the country and sterling utterly fxcked and with bonds blowing up, av, L&G Phnx MNG etc are going to get hammered.

Once this dogshyt breaks .70 my PUTS are going to print….love it. Just a reminder, you don’t invest in the U.K., it’s for shorting and trading purposes only haha. Brexit destroyed any hope for the U.K. economy, just watch what unfolds over next few years, especially in the ftse and for sterling. Expect to get A LOT poorer if you are invested in U.K. assets or have a U.K. pension. Property will be down 30/40pc before this is over, check out self off in builders shares….mirror of 2008.

@mecon…..no, they won’t hold all of them to duration especially as there is now a hardcore recession coming to brexit basket case U.K., people will start to want to “ cash out “ those pensions…need cash and need it early….THAT is why Phnx shares are getting hammered…..early cash redemptions…. This is a dog, will be hammered into the 3’s before this nightmare is over. Cash up and buy short dated treasuries….U.K. is utterly fxcked.

The only people still “ invested “ in this dogshxt now are shorters like me or muppets who bought much higher ( for its secure and generous dividend hahaha ) and have in some cases also tried to average down ( good money after bad ). U.K. dividend stocks are the pits….as is the U.K. index full stop, terminal like the country, why would you bother, with brexit induced parabolic inflation U.K. will need high interest rates for years to come, buy 3 or 6 month treasuries which will be at 6pc plus soon, risk free. Duh.

Another uk listed pile of shyt ex dividend company that has wiped out capital….see vod/bt/direct line etc etc…..pretty much all of them….just junk….uk uninvestable.

Not if they’re holding long dated bonds like Phnx and L&G etc, the value of the bonds has tanked 30 pc and this is turning into the same sort of capital destructive dividend dog that abrdn and direct line have. Terminal, like everything listed in brexit basket case U.K. enjoy. 460 by the end of the year.

This dogshxt should break .70 in the next couple of days…..once that’s breached the move sub 67 support should be quick, very much doubt last dividend will be paid.