Member Info for Porsche1946

Expect a new financial services tax in budget next week. ( bank levy will be increased to 10 pc and extended too ) U.K. is broke, brexit has wiped out 22 pc of our exports to EU not replaced by anything, trashed sterling sucking in more inflation….bills have to be paid somehow, U.K. only G7 country not to have returned to pre covid size, expect two years of grinding recession/austerity and parabolic taxes and asset price destruction under dying tory government. Come back Blair. ( sunak’ wife a billionaire so I don’t suppose he’s too worried about you poor suckers )

Expect a new financial services tax in budget next week. ( bank levy will be increased to 10 pc and extended too ) U.K. is broke, brexit has wiped out 22 pc of our exports to EU not replaced by anything, trashed sterling sucking in more inflation….bills have to be paid somehow, U.K. only G7 country not to have returned to pre covid size, expect two years of grinding recession/austerity and parabolic taxes and asset price destruction under dying tory government. Come back Blair. ( sunak’ wife a billionaire so I don’t suppose he’s too worried about you poor suckers )

U.K. has lost 20pc of its trade with Europe since brexit, not replaced by anything and economy 4.5pc smaller because of it. Access to EU now coasting 35 billion a year which wipes out “ saving “ on membership. Everything more difficult as a third country and from next spring you can look forward to being fingerprinted every time you enter europe. For people like me with property there now limited to 90 days a year. Under Tories years of growth sapping austerity, crazy high taxes, public services and infrastructure are third world, parabolic inflation, sterling trashed sucking in yet more inflation and rates will need to be 7pc plus by next spring. Oh yes no eb]energy policy either hence shxt the U.K. is in. Stock market below where it was 23 years ago. Anything else brexit morons? Come back Tony Blair ( when usd was 2.04 to sterling )

U.K. economy heading for crisis, rising rates into a recession, brexit having knocked 20pc off UK’s european exports not replaced by anything, trashed sterling and double digit inflation. Tritax has debt and it’s contracts with customers don’t mean shxt if those clients go bust. This is going back to covid lows, then I’m a buyer. You need a 6 pc yield on these for the stock specific risk, you will be able to get 5 pc in the bank soon or on bonds.

Chris Hill has been useless, HL in terminal decline it’s a poor business with high charges. the elephant in the room, the oncoming legal action over Woodford fiasco that will drive the share price under a fiver. I like it, both Hargreaves and Lansdown were brexit moron backers which has completely fxcked the U.K. and their net value too haha.

This has a ton of debt at a floating rate, expect a capital raise/dilution. Could see this sub a quid.

Yes that fat useless brexit moron turd boris is just what the country needs. Jesus people are thick, no wonder we ended up with brexit.

The bit you miss out was that it was Tory chancellor under Heath Anthony Barber who caused the massive inflation in the 70’s that Labour then INHERITED. It was useless Heath and his dipsxxt chancellor that caused the problems. As for Thatcher, turning the U.K. into a services only economy has basically sown the sees of destruction for the U.K., it is now a basket case completely reliant on London, not one other part of the U.K. can pay its way. The U.K. without London is basically hairdressers and restaurants, there is no real wealth creation by being a manufacturing power house. The ftse 100 is referred to as Jurassic Park as about 95 pc of it including lloyds is in terminal decline. Of course the one massive bullet that has actually wrecked the U.K. and it’s currency for a generation on top of everything else. Brexit. What an utter self harming moronic mistake. It’s what happens when you let the great unwashed vote.

U.K. asset managers heading back to 2012 values. Need a general election, tories have been toxic. Chris Hill going should help, Woodford fiasco under his tenure and he has managed to half the share price, plus the website looks like something from the dial up era.

Check out charts for this 2008 through 2014, housing cycles tend to last 7/8 years on average so this is a downtrend that has a very long time to play out, unfortunately TW diluted shareholders to buy more building land at very worst time a year or so ago, just like they did in 07. They hit .20p last time give or take, I don’t expect that low but I do think .45 will be the floor. It’s a buy but not yet, surprised how many people stayed in this going into a rising rate environment and a recession, hardly conducive to share price rise. Brexit too of course, the gift that just keeps on giving.

Dog of a company, dated, poorly run and declining business model and running into a hardcore U.K. property collapse. Has been tanking since day after brexit vote, look at charts. Expect this to be about .18p in next few weeks. Strong chance it will have to restructure, maybe taken private. Dump it.

Yeah…I’m sure it will haha. This is a 20p stock, pile of debt, military side will be nationalised and rest sold off. Terminal.

2daniel. No, I live between Andorra and Mougin and Turks and Caicos, sold out and took the money ( construction ) in 2012. I knew the place was fxcked, best thing I ever did. Still make money out the U.K. tho, shorting crxp like this that losers like you who will die poor with an ugly fat wife and a little house with a number on it on a dreary estate looking out at the drizzle, invest into.

No, it’s a crxp company with a declining biz model and a ton of debt. I did warn you this is a penny stock. .80p coming up. Brexit loony basket case U.K. finally going over the cliff, been coming since 2016, enjoy. I’m in usd cash??????

Santander statement last night saying they are ( already! ) starting to see mortgage and loan failures. Expect to see covid lows again with this, elephant in the room is moron Bailey and dxp**** boe tell banks to withhold dividends and hoard capital against bad debts, property market already rolling over so 2008 to 2014 scenario slow death for U.K. economy, again. CASH or shorts the way to go. July 2023 exp puts on house builders should pay off handsomely.

Been shorting since 21.80 with July 2023 puts, should have entered the trade with Psmn above 28 but tbh altho I thought things would go to shxt once brexit fiasco and covid mismanagement came home to roost, surprised just how badly wheels have come off, destroyed sterling sucking in inflation will lead to stagflation and high rates, worse scenario than 08/2012 period, price for these following that previous pattern will be about 540/580. Getting there fast. If I was a numpty enough to have invested in these going into rising rates and a recession I’d cut my losses fast, the meltdown will last years. Housing is an 8 year cycle.

This is fxxked along with Phnx and Aviva tomoz morning unless Bailey resigns or is fired before tomorrow morning market opening, or Truss withdraws her mad plans and or Kamikwaze takes the hit. U.K. is a disaster zone, a lot of this stems back to brexit, U.K. assets have been sold off non stop since the fiasco vote, fact. Cant bleve what’s happened to sterling, need an election and fast, I thought fat Boris was sxxt but truss is worse.

U.K. has asian immigration problem as had to open floodgates with India to get a trade deal after brexit self harming fiasco, problem when you let the great unwashed vote. All academic anyway, U.K. is in terminal decline, currency vaporised, stock market lower than it was 23 years ago and massive recession and property collapse about to hit. Not sure how lloyds are still over .40p but will soon be in the 20’s. Article in Reuters, next shoe to drop lloyds 12 billion exposure to car finance disaster. Get into cash rather than this U.K. dross if I was you.

They need to make a statement about their exposure to ldi. Is this the next sub prime, juicing pitiful returns on bonds with leverage, oh dear.

This dogshxt going sub a quid, maybe even to covid lows, with what is coming down the tracks for U.K., revisiting horrors of 1970’s shortly.