Member Info for Savage_KeyboardR

Worth my adding that... Reeves and other recent blunders have caused ppl I know to part ways with their Labour membership - Letters going into MP's and membership falling do grab their attention. Seemingly, most Labour MP's appear not to be responding whatsoever to such letters, no replies received thus far to my knowledge and that'll make those sending letters prior to cancelling even further enraged.

IMV the more they dig in and deny they've broken manifesto pledges & attempt to gaslight... well the more letters will go in, and the more memberships will be cancelled too. I don't think the PLP realise the danger they're in tbh.

Davethehorse - Might possibly be some who bought down in the low 140p's unloading? To average down their holdings and release cash prior to next week? I say this as the SP hasn't retreated that much, possibly not shorting and just profit taking off those low priced buys?

I'm still reckoning this UK budget is going to unravel some more tbh... I don't think the turbulence has gone and IMV Reeves should now resign or be sacked as credibility can only be restored through a new Chancellor applying some amendments to her budget to make it a better one for working people and a worse one for the super wealthy & rich pensioners too.

DYOR - IMO

AimMaster2018 I believe

Tiny trades of 1 or low No. of shares are investors hunting for pricing gaps, to attempt take advantage of with a larger subsequent order. Sometimes traders will execute a number of 1 trades in order to hunt down the price point of limit buys or stop loss orders which other traders have placed.

Because CPI are well known for smooth IT transitions & they never have embarrassing Data breeches either 🤔

Will be most interesting to read how that goes, definitely potential for negative headlines!

There is only 'buy', or 'sell' (okay so there are swaps/options etc. but you get what I mean). No one can 'steal' shares you own. Load of nonsense.

Correct - In 2027 they're hiked again too.

On the contrary Trisor - The OBR have been utterly useless when it comes to forecasting both growth and productivity. This black hole in the budget isn't immediate today, it's forwards when those lowered forecasts still fall short - and when the welfare spend simultaneously overshoots as unemployment upticks towards 6% as well. Reeves will need to come back for more, again - I think the markets know this is highly likely and close to a dead certainty, so she'll not benefit from the discount premium she was seeking to capture. The unpopularity will also mean investors question the UK stability - adding on a risk premium too.

My letter, requesting Reeves either resign or be sacked, has been sent to my MP. Market pressure appears to be mounting up rapidly. End of days for Chancellor IMO - just a matter of how fast the process takes place.

UK Gilts backtracking today - No doubt Treasury will now be getting worried, and quite rightly they should be IMO.

I see pundits now reckoning on a BoE Dec rate cut... Trouble is such action now looks required and not because of solid fiscal performance but instead because of projected underlying economic weakness in the mid-long term.

This budget looks as though it's quickly unravelling - I remain of the view Reeves now has to fall on her sword, preferably fast too! Esp hoping it happens rapidly, as if it's dragged out the damage will be substantial.

As for CPI forward prospects... Growth & ultimately spending is going to fall short, this won't help CPI with it's turnaround attempts - DYOR

I'm not sure you can write off the UK Budget Jitters as being over. IMV I think there's carnage on the way as Reeves position to me looks untenable. Just look at the Gilts today (which fell yesterday)... I think traders digesting the detail are realising this budget she's delivered has more holes in it than a colander!

Basically she didn't tax the billionaires and multi-millionaires enough, and she lacked any pro growth measures too. Growth is going to fall much too short and it'll become crystal clear she'll be back for more taxation, again. This budget has backloaded far too many of the tax hikes, and the additional spend is too much, and too early - with those who can drive growth being hauled into paying far too much through fiscal drag and the combo of the many tax hike measures. It's unravelling fast, and she has to go sadly. That's my view, and I'm a Labour backer too. She's toast IMO.

I think the moment the SP here approaches 160p or maybe a little above, them shorts will open back up & they'll seek to exploit the turbulence. It's not over yet. DYOR

I'm a Labour backer but this Budget is a complete car crash and I think it'll unravel fast IMO.

Does too little for families, esp when it comes to tackling the low birth rate (to avoid a future pension crisis). Doesn't take enough off the boomers and mega wealthy. And backloads all the fiscal drag, so the minute growth falls short (and it will as there's much too little, if anything, to support growth within this budget) there's going to be revisions and the headroom will evaporate well before any of the fiscal drag even lands.

I think this is terminal for Reeves, as this budget won't survive contact with voters. Should Reeves manage in her feat to remain in post... well then all eyes will turn to May elections, which will be a disaster if she's still about.

*Are the UK Gilts falling because the markets are re-assured by Reeves budget today?

Or are they in fact falling because traders are betting rates will fall sharply, to provide essential stimulus to flatlining growth & low inflation?

Are the UK falling because the markets are re-assured by Reeves budget today?

Or are they in fact falling because traders are betting rates will fall sharply, to provide essential stimulus to flatlining growth & low inflation?

MarcusExile - report away lol 😆- we're different ppl so crack on son

Macy, bingo taxes appear to have been cut ✂️ a win for you, Trenners, Trisor & TerryM1? 🤷‍♂️

AimMaster2018- what's your updated closing SP estimate? Did you open up a large short on CPI in the end?

Personally, I'm expecting a big broad based drop here, anticipating this budget is going to do down very badly. Standing at the ready with cash to do some stock buying (though only for keen prices mind, as there I think further falls potentially over coming days ahead)!

Entire budget leaked in error by OBR apparently. Massive blunder there, and surely clear cut case of gross misconduct by whoever is responsible.

CPI down to ~320p & still half the day yet to go. AimMaster2018, you should easily get your 316p closing SP, and possibly a fair bit lower.

The conspiracy theory chatter on here is absolutely hilarious 😂 - AimMaster2018 is clearly another user, one with far deeper pockets than I too. Plus I dont trade CFD's or take out shorts either.

Good call on 3.16p AimMaster2018 - you have a nack for closely calling the SP here tbf.

I certainly think the market is headed downwards post budget, looks a dead cert IMV.

GBG results yesterday were rather lovely 😍👌📈 another 10m of buybacks announced luvly jubbly!

I see the 🤖 Avocet123 has popped up once again (not that I can read anything the 🤖 says, as I have them green filtered- only account I have done that with!)

EZJ not doing so well following their results ⬇️ 📉

CPI looking flat so far in trading, with just over 3hrs till our good Chancellor takes to the podium for this long awaited Budget 👍