Member Info for Savage_KeyboardR

Avocet123- fortunately you're just a green box to me 👍☀️😎 - no doubt you'll be rubbishing SSPG on its drop today but not to worry at all because I'm in plenty of profit despite the drop and it can go a quite a way further yet before I'd find myself in negative territory 😎

BoE cutting in Aug, and another ECB cut soon enough will help the economy 👍

BoE needs to cut interest rates “before it's too late”, warns economist at City consultancy TS Lombard...

Sadly it is likely to be too late for CPI - Results on on 5th Aug likely to be very revealing indeed because the TU was poor and the macroeconomic situation has today been revealed by the ONS GDP data release.

CPI no doubt seeing further shrinkage, possibly it'll track worse than the TU indicated (4-5% I think from memory) - plus CPI has taken on debts & extended revolving credit (it took this credit out before the inevitable trim on rates over 0-12 months ahead) - Potentially a good opportunity for a takeover bidder to strike post HY results being released!

All IMO - DYOR

Nice buy there MaryBr190 - that'll pay you back nicely in due course!

I happen to think any buying done below 200p will prove profitable in the end for LTH's. It just depends if one is trading or going LTH. For me I'm LTH all the way - no CFD trades in this stock. My SSPG holdings are all fully owned, and I'm sitting in profit in today's price range, and would still be in profit should the SP travel lower yet.

The only question now is... when to use my spare powder?!

See RNS Dated 2nd July 7am:

"As set out previously, SSP will shortly purchase additional shares in TFS (representing 1.01% of TFS' issued share capital) for a consideration1 of approximately £12.5m; following completion of the purchase SSP will hold 50.01% of TFS' issued share capital

Commencement of listing and trading of the shares of TFS on the Indian Stock Exchanges is planned for Monday 14 July 2025"

*Correction it was 50.01% and not 50.1%.

CHELMOCHASER - Just to add that SSPG bought some more of TFS just before the IPO - they actually owned ~50.1% at time of the IPO launch 😎

Looking at this mornings SP I'm glad I only made a smal purchase up at 187.35p (the highest price I've paid for SSPG so far)...

Kept some cash behind for more buying, the strategy I'm using here is buy, buy, buy but gradually so - to accumulate as much as possible and avoid being forced to sell at any point. No stop losses set, just buy, hold and buy some more!📈👍☀️😎

UBS are full of 💩- they cut the BT rating to around £1 and helped tank it- i bet the other way and hoovered up a stack of BT stock, made myself some good monies too 👍☀️😎

There's no bad news on SSPG out this morning at all 👍..

To me this seems to be based on UK GDP shrinkage with data out this morning for May. I'm keeping the faith here with SSPG, and kinda knew this could happen because was obvious to me £ has appreciated far too much, and therefore BoE bound to do an August rate cut (because Trump has been sending the dollar downwards). ECB has already pre-emptively cut and BoE has only been holding back because of the sheer number of homeowners due to remortgage this year which Bailey and the MCP do not want to allow to bag too low mortgage rates (as else letting them get cheap deals would drive up mid-long term inflation outlook).

So I'm holding and adding here 👍🙂

DYOR - IMO

TerryM1 - The Truss defender, many times on here you've defended Truss. Lettuce be thankful her reign was short lived.

"IMO the last proper conservative government was Thatcher/Major the ones since just run Blairite policies as too frightened to change anything."

More nonsense from TerryM1...

Nothing Blairite about Cameron/May/Johnson/Truss and Sunak. The 14yrs of Tory failure did a spectacular job of trashing the NHS, cutting services for the masses, lining the pockets of their chums, ever extending the national debt - oh and they were the ones who allowed Farage to have his idiotic brexit... deepl flawed ideology which is the very that has caused immigration from all over the globe to have soared - highest under Sunak than any other PM.

Tories also decimated UK armed forces, left towns to rot to the core - plus the handed blank cheques to the Rwandan Government, the bibby stockholm owners. And now half the Tories have rebranded as born again Reform members - to try and do the same nonsense all over again! Steal from the nation and line their own pockets!

Garonne - that's because there's many other better performing equities out there right now than VOD. It's bound to be held back for a while due to the efforts needed to merge 3 network infrastructure with VOD and because German economy is still not yet on an upwards trajectory (won't be for another quarter or two).

IMO - DYOR

Andymlloyd - I dare you to short SSPG. How much are you under on EZJ?

I can't read avocet123's posts - green boxes are all i see - only person on here i have filtered as they talk nonsense. Take a look at their posting history 👍

Scotty277 - How much are you underwater here with your EZJ speculation?

RNS titled: "Filing of Prospectus and Pricing of TFS IPO"

"SSP is pleased to announce the pricing of equity shares of TFS in its IPO at 1,100 Indian Rupees per share, at the top end of its previously announced range. The offer price indicates an expected market capitalisation on listing of 144.8 billion Indian Rupees (£1.24 billion at the spot rate of 116.50 Indian Rupees to 1 GBP)."

"commencement of listing and trading of TFS shares continues to be planned for Monday 14 July 2025."

The confirmation has landed and this means the target was reached - Given SSPG own 50.1% of TPS then this IPO has raised ~£612m

Today the Market Cap of SSPG stands at ~£1.49bn (~£1.85/share - 801.68m shares in circulation).

IMV we're still significantly undervalued here!

DYOR

Down she goes... ⬇️📉

Kipper9 "Have been hanging on the bl**dy phone with our local GP practice for 15 minutes now. Waiting to speak to a human. I am 23rd in the que. 23rd!"

Unsurprising - it's what happens when Tories (and now half of them are changing their colours to switch to Reform) are in power for any prolonged period...

Similar situation had built up (albeit not quite so pronounced) prior to when Blair won the 1996 GE too.

Tories have done much damage to UK and it'll take a decade to repair the damage done.

Is the world on the cusp of a broad global bull run?

I happen to think it is...

For a prolonged period of time many investors have been rather cautious, fearful of downside risks (rightly) - holding onto cash, buying up foreign currency + metals & minerals to diversify...

However, I think the recent summer ECB rate cuts, upcoming BoE cuts plus a myriad of other western Government policies (all aimed at spurring growth) appear to now be coming into alignment & there's sight of future bounty to harvest. The recent mixed bonds demand has been symptomatic of the uncertainty and I think this is now giving way to lesser demand for safe haven investments.

I expect a flurry of bond buying by those rushing to 'secure themselves the 'best rates going before they fall' - and as those safe haven investments become much less appealing (very soon) then the pivot process will have completed, and an insatiable appetite for buying growth equities will pick up pace! aka the bulls will run!

IMO

As July 9, 2025 4:54:34 PM (Day 3):

Employees: 1.80x

Retail Investors (RII): 0.73x

Qualified Institutional Buyers (QIBs): 8.10x (Over subscription specifically in this category cannot be transferred to other undersubscribed categories)

Non-Institutional Investors (NIIs): 1.67x

Overall score: 3.03x (QIB's oversubscriptions, adding to weighting of this score, cannot be transferred to other categories)

IPO Fully Subscribed 👍 - We should be seeing a lovely uptick, as this news filters outwards! - Even with some inevitably profit taking, I imagine upswing here will not encounter too much drag. Sprint to £2.50 could easily occur IMO, over months ahead.

Also nice seeing BoE pretty much (albeit in other words) signalling an Aug rate cut too... Given 'BoE is putting its recommendation that lenders should offer more high loan-to-income mortgages into place from today' this suggests to me they want to support the mortgage market with other methods (directly helping First Time Buyers with this move).

I expect one 0.25% cut in August, another 0.25% cut in November and possibly even a third cut in Dec- BoE probably wish many re-mortgaging to be doing so at slightly higher rates; to help keep a lid on inflation from making a comeback over mid-long term. What I think this means is some further cutting in early 2026, to play catch up (when it'll likely become clear the direct help to those First Time Buyers is no longer quite sufficient enough). Down to 2.5-2.75% by Summer 2026 I reckon!

DYOR - All IMO

11:47:11 - Trade Prc -187.35 - Qty 524 - Unknown*- Bid 187.20 - Ask 187.50 - Value 981.71 - O

I've just bought up a small tranche, to add to my existing SSPG holdings here. Highest price I've paid yet on this stock!

Onwards & Upwards👍

As July 9, 2025 3:09:35 PM (Day 3):

Employees: 1.36x

Retail Investors (RII): 0.54x

Qualified Institutional Buyers (QIBs): 5.82x (Over subscription specifically in this category cannot be transferred to other undersubscribed categories)

Non-Institutional Investors (NIIs): 1.22x

Overall score: 2.17x (Except QIB's oversubscriptions, adding to the weighting of this score, cannot be transferred to other undersubscribed categories)

Looking thin on the Retail Investors front here...