Member Info for Porsche1946

This is a short to sub .50p, going through support levels like a missile, debt junkie company, poorly managed in a declining industry. It writes itself, even by dog index of the world ftse standards. Terminal.

3.7b in debt, dividend cover is horrible and the smart money dumped these long ago, they have “ looked cheap “ for years and the share price has still gone backwards relentlessly. Yes sure nobody with any sense buys U.K. indexes anymore but the market knows the dividend is completely unsustainable, reminds me of Vod. Reality and gravity about to catch up.

Over 8 quid in 2014 to 350 now, 10 years to lose half your capital, back in 07 these were over 14 quid, U.K. shares really are just uninvestable, terrible politics, insanity like brexit, weak currency, there are no buyers for the U.K. indexes anymore which is why they are known as “ the bug zapper trade “. Rio now looking at cancelling its U.K. listing as well, terminal.

World interest rates are at an inflection point of wanting to move a lot higher, the days of cheap money long gone and bond yields ignoring central banks and pricing in higher inflation….real problems will start to hit early next year, housebuilders could be a tremendous short if we see a rerun of 2008/12 meltdown. Could well be cut in half again and worse.

@track…quoting Bernanke? the cretin who let Lehman fail and kicked off years of the mess we are still dealing with, recognised as the worst Fed Chair since the 70’s. There is inflation in the U.K., it’s everywhere, they shouldn’t be cutting rates, and as I’m invested in short duration bonds it also makes me risk free money.

u.k. builders a terrific short, as will be u.k. focused banks like lloyds, 2008/12 on steroids coming up, bond yields blowing out today so mortgage rates going back up, u.k. economy shot to pieces, high tax zero growth low productivity economy will further weaken sterling sucking in more inflation, classic stagflation, labour are shxt but the tories decade long disaster previously stored all this up, fxcking brexit and all the other self harming moronic ****e, it’s all coming home to roost.

Share buybacks working well😂 Vod sinking like the festering turd that it is.

This now the same price it was Dec 2005. Another stellar basket case ftse 100 share, 19 years to go nowhere, taking into account inflation would have wiped out the dividend. The whole index is full of this type of ( crap ) stuff and the recession proper hasn’t even kicked in yet. Where is it gonna be in a hardcore sell off? 4.50? These house builders must be an epic short along with U.K. financials, especially banks like Lloyds exposed to domestic weakness/debt. I’m expecting a full rerun of 2007/08 kicking off pretty much right now.

The largest blackhole is THG dogshxt shares, terminal, one of the reasons U.K. shares are known as “ the bug zapper trade “. Tories did the same thing and stuck up vat when they got in having said they wouldn’t, becos they supposedly found “ a black hole “….they all do it.

Aston Martin Lagonda Global Holdings Plc plans to tap investors for more funds as the luxury carmaker issued its second profit warning in two months….FT. Thats all you need to know, hopefully the market will put this POS out of its misery once and for all, it’s been bankrupt 7 times before, another British manufacturing disaster, there is no market for these cars anymore. Terminal, like U.K. plc in general.

Next stop 12 quid.

Easy money btw is range trading GSK, it’s a poor company, no blockbuster drugs, Zantac issues, crap CEO’s, and now anti vax JFK, it’s always something, it moves to about 17 quid fairly regularly, when it does load up with puts, it falls to around the 1400 like clockwork off that price, rinse and repeat, it’s a dead simple trade that has “ printed “ for me like 000000’s. Under 14 you buy calls. U.K. is for trading only, not “ investing “. S&P trackers are for investing.

It’s not really about being a pessimist….just a realist…I make money, all the time, in all types of market, I have earned over 400k this year both long and short, with the U.K. I assume, always, the worst, and I am never disappointed. There isn’t much the country can do, it’s followed a euro model of high tax, zero growth, bloated public services (because that’s what people seem to want ) it doesn’t work and if they thought they had problems before then Trump’ America first mercantilism is a total disaster for U.K. and Europe, who really are now going to be left for dead, IMF bailouts coming down the track.

Interest rates are at an inflection point of rising, you can see they want to rise everywhere, as evidenced by 10 and 2 year bond yields blowing out over the last month, mortgages are going to be getting a lot more expensive. What a short these U.K. builders will be.2008-12 revisited.

Back to under 3 quid shortly. If same happens to this as happened to HL it will be cut in half ( it has been ) and then cut in half again. Secular change, nobody bothers with these managed funds anymore, they are 90 pc crxp, high fees utterly dismal performance, Schroders SJP invesco and HL funds the pits, should see these around 180p after the next vicious market sell off as bond yields continue to blow out. Another Lindsell Train

“ winner “ to go with Diageo HL and Burberry😂🤡 You would think he had learned after Woodford to steer clear of anything listed in basket case U.K., U.K. pension funds don’t buy U.K. shares ( nor should they…junk ) and since 2016 accelerating international outflows from U.K. ( I wonder why, brexit the gift that keeps on giving ) U.K. market will be back to 5400 within 18 months and probably an IMF bailout for the country

7th April 2017….was 2280, 8 years to go nowhere and with a paltry dividend.

You poor muppets invested in this hopeless dogshyt that has gone nowhere for 12 years and a puny dividend, I expect your other great U.K. investments are Aston Martin and Abrdn and GSK😂🤡😂🤡 Deadbeats. At least there is less bleating on about craphole corrupt Ukraine on this thread, that game was lost 18 months ago, U.K. looking pretty friendless, out of the EU and single market and about to get screwed by Trump, junk like this will be down to .18p in a years time.

One last grind lower and bond holders taking control. Terminal junk even by basket case U.K. standards.

Slow grinding descent to shareholder wipeout and bank ending up with bondholders.

Charts for this over 3 years are awful. This has to be a banging short along with all the other builders, borrowing costs at an inflection point and now rising everywhere, 10 and 2 year bond yields flying, U.K. recession baked in and rising unemployment, it writes itself. U.K. was fukt anyway post 2016 but Labour high tax zero growth plan total suicide and with Trump’ USA first U.K. is even more doomed, terminal. Everything chancellor raised in budget now getting vaporised by higher gov’ borrowing costs, market doesn’t like zero growth economies. They will be forced to rejoin single market shortly.

U.K. governments seem to have delivered nothing other than wrecking what was left of the economy post gfc/brexit and eroding last of the countries rights to free speech. Dire.