Member Info for Porsche1946

Journalist and author Ian Fraser said: "The fantasies of Brexit Britain are over: Economically stagnant, socially fragmented and politically adrift, the country is being cut down to size.. High energy prices, runaway inflation, struggling exports and rising interest rates are a perfect storm."
From The Express haha. Love it, brexit ******s reap what you sow.

From Reuters. (U.K. completely fxcked, for years. Brexit, the gift that just keeps giving, all this was already in play before covid. Asset prices will tank)

The economy would begin to shrink in the final quarter of 2022 and contract throughout all of 2023, making it the longest recession since after the global financial crisis.

Ushering in the slowdown, consumer price inflation was now likely to peak at 13.3% in October - the highest since 1980 - due mostly to the surge in energy prices following Russia's invasion of Ukraine.

That would leave households facing two consecutive years of declines in their disposable incomes, the biggest squeeze since these records began in 1964.

Luvvin whats happened to this, that brexit scumbag martin getting karma, weak trashed sterling ( nobody wants U.K. assets ) sucking in way extra inflation as all fuel priced in usd ( 2.07 usd under Blair to 1.19 under these tosses ) As boe said, inflation firmly embedded before covid due to brexit. Self harming myopic cretins.

Wow, this shyte just keeps tanking.

The only hope for this credit junkie pile of shxt company is the U.K. gov ( pitiful brexit deadbeats as they are ) nationalise the company to save the military division, as they did in the late 70’s.

Free cash flow in dlg is now in terminal decline, dividend will be cut and these, exactly as I said a year ago when they kept falling out of their trading range, will re rate to 160/180, with a 6pc div, it’s another abrdn or Vod, it’s just capital destructive U.K. listed shyte. poor idiots keep buying all this dividend dross to make 6pc a year and end up loosing half their capital. Look at crxp like BT and the banks, U.K. banks have destroyed their investors, thats zero/low rates for you when you have no trading desks, , Lloyds will be back to .18p after the next imminent U.K. recession meltdown induced by brexit fiasco trashed sterling and the worst governments in living memory. BUY US GROWTH FFS.

Jesus 7.90 in 07 ( under Labour ) 3 quid 2012 and a pathetic 1.50 today, US banks all well above where they were in 07. U.K. is fxcked, terrible tory governments, the brexit madness, covid giving money away, the whole index, sterling, its all in the toilet, unless we get a change of government from this self harming lot we are doomed, just look at the numbers, will also be worst performing economy in g7 for the next two years, shocking. You deadbeats invested in this capital destructive crap would be jerking your tiny loser dicks off over 3 quid now wouldnt you haha. And of course brexit tanked share prices, foreign investors have not touched sterling denominated assets since the self harming brain dead vote.

The rot started when the dividend was cut, shares have been a disaster since and Read an utter imbecile, Germany has been a terrible purchase,, company is a debt ridden money pit, literally a 50/80p stock in a few years, brexit basket case U.K. uninvestable in general and this shyte in particular.

This will be back to a quid if Draghi loses interest, the debt financing cost he would need now has gone dramatically, it’s a dog of a company, this and that other pos Vod are done, in terminal decline, as is the brexit basket case U.K. and it’s currency in general, U.K. would have been better off ( for shareholders too ) re nationalising bt.

When BP was doing buybacks 15 years ago the share price was almost double what it is now, bizarre, just shows the problem with dividend stocks, buy income lose half your capital, If you had bought amazon or goog or apple 15 years ago you would have 10000xxxd your capital. Buy growth, over long term it blows this sort of crxp away. If you must buy oil, buy US oil companies, still crxp but nowhere near as bad as BP and shell. And you have USD protection as sterling seems to be heading for Turkish lira style value thanks to brexit covid and the tory scum. Total or Eni better as well.

told you all to dump this **** months ago, dividend investing in the uk is suicide now, think insurance, vod, bt etc etc…the uk oil companies….pointless buying dividends to lose half your capital and the uk in general is totally fxcked, brexit fiasco, a destroyed currency sucking in inflation, low productivity, political basket case, it writes itself, its 1970’s all over but maybe worse this time. Dire, property next to crater.

A billion pound valuation still massively high, the biz model this was built on with 3rd party bottling has now fxcked them as they are at the mercy of them now. Guess will drop to about 680 support over coming weeks/months.

this and shell terminal, 2009 all over, recession induced demand destruction, fxck all to do with supply, guess 45 a barrel by year end and bp about 2.70 shell sub 16.

the price is tanking becos of demand destruction a la 2009. Oil will be down to 50 bucks a barrel by year end and these will be back to about 14 quid. oil companies are a shxt investment like most dividend stocks.

God this is a dogshxt investment. Another capital destructive pos PI’s buy for dividend then lose half their capital Shocking. Best place right now is USD cash, U.K. and sterling utterly fxcked.

Big smile watching this going down the toilet, that brexit ******* Tim Martin reaps whats he sowed with the rest of the knuckle draggers, decimated sterling sucking in parabolic inflation ( energy all priced in usd ) labour shortages ( net tax payers quality e.european workers sent home ) and border difficulties for goods shipping. Natural justice, I hope this has to re structure. UK facing wipeout recession not even started yet.

It’s not a gloomy take on the world it’s a gloomy take on Lloyds in particular ( a dog of a company ) and political basket case self harming brexit covid fiasco U.K. in general. You only have to look at sterling’s demise to know the prospects for U.K. property market will tank a la 2008/2014 period, Lloyds with its mortgage biz and no trading desk is basically fxcked. Your looking at a target price for these of sub .28p.

Wpp has been a company in decline for several years, you’d be better buying Google if you want advertising exposure, I sold these at 11 quid thank god, took a small loss and moved the money into L&G, Also Goog priced in usd so more protection against sterling which seems pretty doomed since brexit and now UK’s economic meltdown/political basket case stuff.

Buybacks make little difference to share price, either the cash is in the company with more shares extant or the cash is gone and there are less shares but end result really the same overall value wise, unless the company is growing strongly at the same time as buybacks, Abrdn is a company in terminal decline, along with brexit basket case U.K. in general, and share buy backs will make no difference.

BP never recovered from horizon but none of the U.K. oil companies have performed like Euro or US companies on the now ending oil bounce, maybe the usual brexit 30 pc discount for U.K. listed stocks but pxss poor anyway. Sterling collapsing will suck in yet more inflation….really do think. U.K. is heading for 1970’s scenario, brexit covid now inflation, I cant see how it get out of this, the US will because of its sheer scale.