Member Info for Savage_KeyboardR

Why not switch off all copper wires and therefore their connected landline telephones and instead hand out many hundreds of thousands or a few million free refurbished PAYG mobiles as like for like replacements?

I don't take out short positions - Sadly, I'm not experienced enough and I certainly could not take such a risk on CPI... I'm still learning lots about trading. I only take out small long positions.

"adding to my already large position"...

Given shorters look as though they're still growing their short position... is it entirely possible some long holders may get caught out, if the paper loss becomes too great a burden?

11p range later on today, perhaps. Certainly into very low 12p by COP today I think.

PanamaPete - If you don't like hungry bears making repeat raids then anyone with a counter view has the option to buy up many long positions and potentially pocket the gains... It's a fact that short selling is necessary to maintain a healthy market because an equity is only worth what holders are willing to pay for it.

Benefits of short selling:

https://www.investopedia.com/ask/answers/012815/how-does-short-selling-help-market-and-investors.asp#:~:text=Facilitates%20price%20discovery,on%20supply%20and%20demand%20dynamics.

Benefits of short selling:

https://www.investopedia.com/ask/answers/012815/how-does-short-selling-help-market-and-investors.asp#:~:text=Facilitates%20price%20discovery,on%20supply%20and%20demand%20dynamics.

Someone else is posting that nonsense in the BT chat too...However... its a completely moronic petition written by someone who doesn’t understand how stock markets operate... because without shorting ability there would be much less ability to punish junk and underperforming stocks... I personally don't place any short trades as I'm not experienced enough to manage the risks of placing short trades... short traders help keep the market healthy and can prevent ridiculous equity bubbles from forming.

Moronic petition... without shorting ability there would be much less ability to punish junk and underperforming stocks... I personally don't place any short trades as I'm not experienced enough to manage the risks of placing short trades... short traders help keep the market healthy and can prevent ridiculous equity bubbles from forming.

Almost snap broomtree - I'm not currently invested in CPI, my wife was invested last yr - she bought in and a rather short time later sold out following an upward sprint (from about 20p right up past 40p or so from memory)... I have cash from recent sale of another holding... currently examining in which investment to place it but as yet I'm undecided.

Just to show additional workings here Xenor... Based on inflation rate of 8.75% YoY, estimated spending power of a £15k sum of money after 1yr of inflation at that rate = £13,793.10 - Cash was most certainly not King during that quoted period... and we know it's worse than this example because it didn't stop there... beyond May 2023 inflation continued to remain very elevated and is still yet to return to the 2% BoE target.

Respectfully I don't agree Xenor, for a long while getting finance has been mega simple and inflation has eaten away at the debt. I took a £15k loan in May 2022 at 2.9%... between May 2022-23 the CPI rate was a massive 8.7% and inflation carried on gobbling up my debt nicely beyond that too. Conversely... had I stuck 15K in a bank bond or savings acct in May 2022 it'd have paid me a miserly 1.5-2% for 1-2yrs... so inflation would have eroded my spending. I was far better off taking the debt out.

Makes sense you see value at 12.50p broomtree - I too was eyeing a similar price point to enter with a long position but the more I look across the wider Piste the more precarious it's all looking... CPI has heavy reliance on Gov contracts... a Gov that's fast racing towards holding a £3trillion debt mountain with lacklustre growth underpinning it all. Gov is already seeking out spending cuts and trimming of contracts could well leave CPI unable to keep the wheels turning imo.

I'm unsurprised to see CPI firmly in the 12p range... Unfortunately, it really doesn't help the wider UK economy has now accumulated many risks... with property prices, a bellwether ignored at ones peril, clearly in retreat.

Sellers will not drop and buyers look to be digging in for what could prove to be a significantly painful war of attrition with unexpected fallout... BoE looking like it'll come far too late to the rescue.

I think we're now beginning to enter a period in which 'Cash will become king'. Can CPI survive this fast brewing, and potentially violent storm?

I'm contemplating/pondering taking out a sizable long term hold...

Helpful reminder coronation, it's an interesting one as I've been trading with standard fund & share acct... monthly/annual fees for holding an open stocks & shares ISA, plus the faff of calculations and moving it now and then to get a decent deal, have previously not been worth the faff esp for those who don't trade sums which attract taxation. However, the lower thresholds may now make the stocks and shares ISA more favourable... DYOR

Fantastic gains for SP today. Bakk board continue to deliver quality + affordable products via efficient processes in a globally turbulent trading environment. The growth strategy is sound and this business will keep on delivering imo. With the recently uprated Dividend there's great incentive to buy now for a long hold here and beat the rates offered on bonds/ bank savings acct's.

Cost savings yep, which will then be spent on a combo of servicing debts, making investments to grow the business and maybe something extra on divi's here or there.

The textbook hypothesis of 'AI leading tonjob losses' is just a rehash of the textile Mills making hand crafted fabric workers redundant or the computer making typewriter employees redundant. Yes, no one would employee a typewriter today but... all those people secured other work on keyboards instea.

ONS GDP data release this morning left the previously released provisional figures as 'unrevised'. The proves UK fell into recession. Source here:

https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/quarterlynationalaccounts/octobertodecember2023

Meanwhile the house price data released is interesting, bit of a mixed bag it seems, with reports of good demand and higher asking prices... however, that's just asking prices and the real sales data won't be available from land registry for some time yet. IMO I think sellers are pricing homes too high, icould well mean a stalemate occurs between 'sellers unwilling to drop' and buyers 'unwilling to raise the offer'... with Bellway recently reporting 60% drop in new build purchases I'd say it's a market locked on for a 2-7% fall in average house prices this year.