Member Info for Porsche1946

Just loving this, what a short. I thought my best ever was Aston Martin, from 1740 to .62….a beautiful 6 figure profit in less than 18 months but this is still luverly. You muppets need to get yourselves over to IG and see if you can still get a position at a reasonable price, when the div is cut this will be sub .50p.

Terminal, hadn’t checked these for a while, bailed out at 27 when Terry Smith who had held them in Fundsmith said the management was dire and dumped them, best thing I did was follow him even tho I lost money, put the dosh into Msft at an exchange rate of 1.34, this was the last U.K. share I held ( thank god ). It’s dogshxt. Like the whole of the ftse. People buy it for yield but it’s capital destructive, mountains of debt and dying ( literally ) industry.

Another “ Woodford Winner “. 😂😂😂

Most of the posters on here need to go to an adult learning centre, thick, they don’t seem to know the difference between their there and they’re. That lack of intelligence is probably why they keep buying this dogshxt in the belief that the generous dividend is safe and the share price will recover. Haha, every support level with this has been breached over three years, the only trend for this is down, .64p by Dec. I guarantee you the dividend will be suspended or drastically cut as bondholders demand it as the debt is so high and net cash is vaporising. Watch this space you dipstick losers. Short it on IG.

Oh dear…😂🤣😂🤣. ..as I said, screaming short. 11000 job losses will make no difference, they need to dump half the useless workforce and use AI. See you at .50p. Dividend will be cut or suspended at bondholders request in next few months, terminal, like U.K. plc in general. The ftse full of this crxp.

…oh and by the way, it’s not racism to suggest that whole areas of the country like dumps like Bradford and the people’s republic of South Yorkshire being colonised by Asian immigrants may not actually be a good thing…..when English is no longer the first language in a British school and English kids are the minority voice…..fortunately I left the U.K. in 2015 as I sold a large business and it saved me 7 figures in CGT, I can enjoy from the sunshine and a fantastic lifestyle watching pretty much everything I thought would happen, and worse, coming true for the U.K. It’s poorer in every way, shocking, also, why do you think so many companies are removing their U.K. listing on the ftse? Writing is on the wall I’m afraid and brexit was the final nail. What happens when you let the great unwashed vote on anything important . As for this, it’s a short to sub .50p, watch this space.

Past performance is no guarantee of future results, "need I say more"?

As Terry Smith says that is the most stupid phrase ever, of course past performance is a guide to future results.

Why don’t you all sell this shxt and salvage what capital you can and buy something quality on a summer pullback like Msft or apple, U.K. dividend shares are the utter pits. You can get 5pc risk free on treasuries, this junk will have to slash or suspend the dividend, you are talking about a 40/50p share.

i said on advfn over a year ago this was re rating to the 150’s and got loads of abuse…..same when i said abrdn was done, so many dividend reliant investors always terrified to accept the truth….reality is this u.k. dividend stuff is massively capital destructive, better off buying quality growth…think msft and apple than ever touching this sort of rubbish…buying u.k. dross to “ make “ 6pc div then to watch half your capital vaporise…..think financials ***s builders bt/vod etc…in fact pretty much all of it, has been an utter disaster over 10/15 years and worse since brexit as foreign investors have exited u.k. markets this will need a capital raise….expect to see it 120 ish after. terminal.

This is a very poor quality business with a share price re-rating fast….but the shorters have now really got hold of it, could see this get hammered below a quid and then the brand maybe picked up by someone else for 30/40 pc premium so maybe 1.40 buyout. Beyond that it is going the same way as the whole terminal capital destructive ftse 350 and Aim, just dire, Vod, bt, Gsk, the builders, banks, insurers, retailers, all that crxp people bought for zero growth but dividend return, since 2016 it’s all been getting crushed as money exits U.K. markets and economy shrinks, 5 companies holding up the whole index and apart from Astra they are all cyclical and now rolling over as recession bites. Best place to be cash/high quality big US tech and growth, think Microsoft.

I love the way people use the phrase “ bargain price “ for this pile of dogshxt. It’s drowning in debt, poorly run and is in a terminally declining industry having its profits “ regulated away “ from it, and it’s also listed on the most hated exchange out there and denominated in a crap terminal decline currency, ie sterling. This uk junk isn’t worth .50p a share. Looking forward to watching it go tits-up over next year or two.

Insurers the next shoe to drop, massive issues with the value of their bond holdings, surprised it’s taken this long for reality to hit. This, Phnx L&G etc are in for an absolute kicking.

Heavy duty short sellers have got hold of the banks in a big way, 2008 all over, I would be exiting any U.K. bank investments at some speed, with what’s unfolding for brexit basket case U.K. this could be back at .18p in a year.

Jesus this dogtxrd in flat out freefall, will end up an .80p share.

weird people talking about buying av lgen and mng….the reason they are down is that the next shoe to drop with rising interest rates destroying bond values is with insurance companies….phnx will prob end up needing to raise capital. They are not “ cheap “ they may be massively overpriced over where they go over next 12 months. Brexit basket case uk is fxcked anyway of course, 10.5 pc inflation and rates need to be over 5pc, meltdown ahead.

@geo….that’s 5 pc return a year before tax haha, may as well leave the cash in the bank….and of course, Vod shares will be about 30p by then and the dividend vaporised. Look at the charts for this, the future writes itself. Dogshxt.

Surprised this dogshxt is still over .90, about .80 is where it should be giving a market cap of approx 20b. Dividend will be scrapped like most of the other dividend capital destructive dogs, think direct line. Interesting how hard ftse is getting pasted, Nasdaq up, full on rotation out of anything cyclical, think oil mining banks and into growth stocks again as we enter full on multi year recession. Thank god I took the hit and unloaded this U.K. crxp at 1.46 and put the money into Nvidia at an exchange rate of 1.35…..sterling now toast of course along with brexit basket case U.K. in general,

How this dogshxt is still above .40 is a mystery, U.K. domestic economy is utterly fxcked, property and car loans and small and medium size businesses all rolling over. Expect to see it back at .18 in a year with dividend suspended.

Almost 9 pc yield, alarm bells ringing, another direct line, results were awful, aum shrinking at an alarming rate, expect dividend cut and a re rating of share price. I called it on all the insurers last year, got loads of flak and they have all tanked even worse than I though. U.K. is fxcked anyway of course.

These are heading back to sub a fiver, Andy Briggs working his usual “ magic “ haha. The figures were awful, anybody chasing dividends here will get the sort of shafting direct line/abrdn/Vod etc shareholders have taken, capital destructive, buy a yield and lose half your capital. Can’t believe how much their aum has tanked, another year of this and they will be needing to raise capital. Avoid or buy long dated puts to short. Wonder whether LDI still the elephant in the room for these and L&G.