Member Info for Porsche1946

With what’s coming down the tracks for self harming brexit basket case U.K. these will see the previous lows of 270 again, massive self off in U.K. equities this summer, seems to have already started, my god the BOE announce a 50 pc rate rise and sterling FALLS, it’s behaving like a 3rd world currency. Terminal. 10 years plus of the awful tories, obese Boris and Slimy Farage, have wrecked the U.K., come back Blair, fast plz.

This dogshyt heading to the mid 50’s by oct. Terminal like brexit basket case uk im general.

Housing cycles last 7 to 8 years….this one just getting started, peak to trough should see houses bleed 30 pc….wont really kick off till you see unemployment rising.

Thank god I unloaded this, I think it’s just another U.K. domestic retailer that will end up bust and their units for sale like all the others we have seen disappear.

Either way, the acceleration in core inflation leaves the UK looking increasingly like the global outlier and the 'stagflation nation'," said chief UK economist Paul Dales; Reuters. Brexit the axxhole gift that just keeps on giving. Sterling tanking again this morning, behaving like a 3rd world currency, bleak, U.K. doomed.

Mystery how this turd is still above .70

Year low is 736, I’d expect that to be breached again soon then a move to next support 680, this is in a massive downtrend, plus their business model must be getting hammered, nobody buys U.K. shares anymore, even U.K. pension funds don’t touch them, it was happening anyway but brexit seems to have juiced it. Parabolic interest rates hitting housing market will feed into general economy, I think Guy Hands maybe right, U.K. is facing going to the IMF for help within a year. I’d say buy long dated in the money puts on this to short it, same with builders and U.K. banks. Could all get cut in half ( again ).

Reality is nobody is going to be buying any growth stocks or any retailers until rates start to come down and uk economy gets better, neither of which thanks to brexit, look imminent.

Dividend unlikely to be paid in aug, I’d expect a statement from management soon, this is being dumped for a reason. A short sub .50p buy in the money long dated puts.

Bloomberg: HSBC downgrades UK markets and calls them ‘a drag’ within Europe

HSBC downgraded U.K. markets to underweight from neutral, according to a note from the British bank.

Its analysts described the U.K. as “a drag” within Europe as its equities are under particular stress compared to other nations.

The FTSE 350 is among the worst-performing indexes in developed markets, HSBC wrote, and it expects earnings to decline by around 2% in 2023.

Bloomberg: HSBC downgrades UK markets and calls them ‘a drag’ within Europe

HSBC downgraded U.K. markets to underweight from neutral, according to a note from the British bank.

Its analysts described the U.K. as “a drag” within Europe as its equities are under particular stress compared to other nations.

The FTSE 350 is among the worst-performing indexes in developed markets, HSBC wrote, and it expects earnings to decline by around 2% in 2023.

Andy Briggs working his “ Aviva magic “ with this…has managed to take value down by 25pc since he took the job on….Phnx has got caught out badly with the bond market, have a feeling trouble ahead, for L&G too.

@adbon its not a “ good old company “ its a pos with a collapsing biz model, huge debts and poor management. Plus its listed in brexit basket case uk, on an exchange nobody will touch anymore. Good luck with it tho😂😂

Should be in the 60’s soon, this isn’t being shorted now, it’s just being dumped. Lease liabilities now worthless due to commercial property collapse, all those empty vodafone shops, so that’s another 12b of debt on top of what it already had. As soon as bondholders ask for a capital raise to reduce debt and dividend payout cancellation should be sub .50p, the collapse happening even faster than I thought. The whole ftse now held up by 5 shares, when they roll over ( 4 of them cyclical ) index will be back to 5400, short and trade U.K., it’s not investable, even the brexit ‘tards understand that.

From 5 quid at the end of 2015 to 1.39…..ah the wonders of the UK’s dogshxt capital destructive dividend stocks….buy for a 5 pc yield, lose at least half your capital and have the div suspended for two years. Terminal, just like brexit basket case U.K. in general. This is heading back to sub a quid.

God the U.K. indexes are full of utter dogshxt. Jurassic Park stocks. Capital destructive tired high debt dividend rubbish and financials that get cut in half every ten years. Most of the brexit damage and wrecked sterling sucking in inflation still to hit, parabolic inflation and high rates will see funds walking out the door at crappy lloyds and other U.K. banks paying their measly 2 pc interest when you will be able to get 6 in treasuries. Terminal dross, in a couple of years this shyte will be back to .22p with zero dividend a la 2010.

All the house builders represent a massive shorting opportunity even after all the falls. Housing cycles last 7/8 years on average and the rises were over extended due to covid zero rates madness, U.K. now with parabolic inflation, low productivity and rates that will need to go a lot higher…it writes itself….in 2007 to 14 House prices tanked 30pc and then flatlined….with virtually zero rates. All these will be cut in half and the likes of Taylor Wimpey could be back to 09 lows. Long dated in the money put options will be very profitable. There isn’t a housing shortage, if you want one you can find plenty, there are just lots of people who cannot afford one, that’s not a shortage. Affordability is what drives prices. And of course there is the whole, self harming pathetic hopeless brexit insanity continuing to suck the economy down the toilet, it has tanked sterling’ value and that is also sucking in inflation. It’s all going to hit the fan over next couple of years.

Cost push inflation for U.K. insurers over next few years terminal…..why would you bother with stock specific risk in dogshxt U.K. stocks when you can buy US treasuries 3 month T bills yielding 5.20pc risk free return. Even the brexit morons would understand that haha.

Should announce cancellation of dividend by end of next week and capital raise.

Bond holders will want a capital raise and suspension of dividend, this is why the sell off gathering lace, last ex dividend won’t be paid, expect this sub .50 as soon as capital raise announced. Good to see Liberty losing money on this shxt after stitching up Vod with an overpriced German business.