Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Once this dogshxt breaks .70 I can close my PUT position with a juicy profit, I know it’s going to get there, just want this deal done, .69.80 gives me 42k clear profit😀….these debt junkie companies are going to be vaporised, think capital raise dividend suspension and bondholders taking control, the pathetic ftse is full of this capital destructive junk, I should have had more shorts in place, Phnx and Psmn shorts have been mega earners but could/should have targeted HL and SJP, they have been cut in half and then cut in half again. Come on you loser deadbeats, take your losses and dump this vomit stock, I need sub .70!!😂😂
All the builders will have to raise cash a la 2009 within the next few years of this meltdown….expect 1/3 dilution minimum….amazed how both builders and financials playing out to my predictions over last 12 months almost to the penny….god I’m good. Target for these 540. Another great short over next 12 months all U.K. financials, expect to see junk like lloyds back at covid lows ( .23p ) U.K. is of course totally fxcked anyway. Come back Tony Blair.
U.K. banks getting hammered today, mind you U.K. banks have all been in one long endless downward grind since 2008. Ie; barc 665 in 2007 now about 135…..U.K. financials have been a capital destructive nightmare, as has most of ftse 100, it’s now broadened out to the whole U.K. financial sector as bonds collapse and UK’s prospects since brexit are basically terminal. The outflows are eyewatering, nobody buys U.K. shares anymore. You just buy treasuries and short the shxt out of all this junk.
Looks like these junk uk listed financials heading back to covid lows…or worse….uk economy absolutely fxcked.
Looks like this dogshxt share making another run towards the .60’s.
Jesus these are getting destroyed even worse than the rest of the stuff on the dog index of the world ftse 100.
Anecdotal; friend of mine who works in a conveyance only legal dep for Brum solicitors said there are literally 10pc of the usual transactions, they have got rid of half their staff. If you are in U.K. builders/materials or financials I would be hitting the exit at high speed, will be able to this stuff back at half price in 6 months, literally 5 companies holding up the entire index, once they roll over it’s back to 5400.
Should see covid lows for this again by next spring, this winter likely to be brutal for the U.K. economy/markets/currency/bonds….just terminal, 10 years of financial vandalism ( brexit morons etc ) coming to a head plus U.K. with highest inflation in Europe and g7 ( coupled with dogshxt productivity ) L&G dividend probably a lot safer than junk like MNG and Phnx.
This is getting fxcked…..dividend will be cut or suspended, watch this space, its long term gilts are being decimated. 340 target, and Iv nailed it so far you 🤡🤡🤡‘s.
Need this dogshxt under .71 for my PUTS to print….just need U.K. economy and markets to keep unwinding…and 10 year yields to keep rising…should do the trick. Are you dopy 🤡’s actually in this U.K. crxp as an “ investment “??😂😂
There was a chance to get out of this capital destructive going nowhere dogshxt when they touched 2 quid give or take a couple of times on the Drahi fantasy….if people were too daft to cut their losses and repurpose the money at that point well, risk management and all that, can see these going to 70/80p….as U.K. economy and ftse continue to unwind over next few years, even a change of government can’t really sort out the economic vandalism that has gone on over last 10 years. Terminal.
Jesus anything property related is toast, a la 2008/2012 period, bond yields blowing out, U.K. 10 year could go over 8pc, who wants to buy brexit basket case tory economic vandals U.K. bonds unless they have a hefty premium, it writes itself, and of course it’s the 10 year that mortgage rates are really governed by. Defo time to be in cash, you’ll be able to hoover stuff like this up for 2012 lows soon…if you want it. I’d rather buy quality US growth on a meltdown.
Old, tired business model and going into a recession, should see this in the 5’s over the next 18 months…terminal…like brexit basket case U.K. in general, such a larf that idiot Peter Hargreaves sending everyone letters in 2015/16 telling them to vote brexit….since then his assets have been cut in half then cut in half again…what goes around comes around…love it.
Wow, a whole 400 quid😂 Gordon gecko. Normal service resumed with the share price of this capital destructive dogshxt I see.
How you getting on with those charts stargate? This is the ftse 100 we are talking about, dog index of the world🤡😂
Amazed this had held up for as long as it had, reality and gravity now caught up, brexit basket case U.K. heading for the U bend along with its property market, next two years likely to be brutal.
10 year yields heading back to their long run run of 7/8pc…..if Phnx have to mark to market their assets under new rules in the near future their assets will have been decimated…this is going to 350 with a dividend suspension…..why do you think the market has dumped it?
Normal service resumed with this capital destructive poorly managed U.K. dogshxt I see.
2008 through 2013 share price coming up…..check out the charts for where this going, oh dear. Another dividend stock cut in half then cut in half again. Gotta love the U.K. indexes for capital destruction😂😂😂
Everyone had their chance to unload this shxt at 100p or thereabouts, I think I got out about square at 107, no brainier to get clear, it was a vile share to own but tbh brexit basket case U.K. listed shares are all dire since 2016 as capital outflows have been massive ever since, nobody to buy the shares and now anything with huge debts is toast as rates will now be higher for years. It writes itself, this is another AA, will be taken out for pennies.