Member Info for shal1000

Market makers at play again. So analyst are happy with results and their recommendations, more bought than sold today, oil and gas price are slightly up today, then why are market makers slashing the price.

I like RBC comment.

Ha I like how analyst saying exactly what I said first thing this morning when looked at the results - no surprises but solid reconfirmation.

I'm also expecting a rise in afternoon when the Yankees are out if the bed. Been happening quite a bit of late with good afternoon sessions driving prices back up

Given that we knew of the bad news so no change in expectation. Good news also hasn't changed from what we expected but reconfirm new management's ability to generate profits and controlling net debt should be taken as good news overall even if its minor. There is a trading and operations update on 23 November and capital markets day on 9 Dec so we can get better picture sooner than later on post 30 June developments.

This is a one off post just to clarify the nature of hedging. The annual reports of pmo and chrysaor both states their heading is mixture of swaps and puts. So I guess they kept the same form under Harbour. Hope that helps - see you all back at reddit.

All bankers up by 0.50% except HSBC.

If nfp is over 1m might be good for us so tapering comes early, increase yields and increase share price.

https://www.proactiveinvestors.co.uk/companies/news/959372/ftse-100-in-wait-and-see-mode-ahead-of-us-jobs-report-959372.html

Good post oakie given 95% of the post here are full of rubbish and adds no real value. This property landlord business to me seems like the banking version of equity release mortgages. ERM are a big business for life insurers as they provide a good cash flow match for long term liabilities and very profitable at that. Given that banks don't have long term liabilities they gone straight into tradition letting model as they want a piece of this profitable sector, which I think can add value if executed properly and have good risk management in place such as dealing/pricing in with void periods etc.

Again most of the talk on this board hasn't delved into why Lloyds and other banking shares rose by 2% today. Cut to the chase, slight tapering expected by markets today and did say yesterday tapering increase interest rates which is good for banks. Reuters report:

Aug 25 (Reuters) - London's FTSE 100 rose slightly on Wednesday, helped by gains in healthcare and financial stocks, while investors assessed risks from rising COVID-19 infections globally and concerns about easing economic growth.

The blue-chip FTSE 100 climbed 0.1%, rising for a fourth straight session, with AstraZeneca , HSBC Holdings , Lloyd's Group and Standard Chartered among the top boosts.

The banking sector was the top performer with a 0.9% climb as it tracked gains in benchmark bond yields , which rose for a third straight session.

"The FTSE 100 being quite bank stocks-heavy is expected to perform better if not maintain positive levels, with financial stocks set to gain going ahead on chatter of a higher interest rate regime or a slight tapering of central bank purchases," said David Madden, an analyst at Equiti Capital.

Global equity markets were lacklustre as investors shifted their focus towards the U.S. Federal Reserve's annual symposium on Friday for any hints regarding the timeline for Fed's tapering of asset purchases. [MKTS/GLOB]

The FTSE 100 has risen nearly 28% from its October 2020 lows as the economy starts to recover from pandemic-related lockdowns.

But fears that the recovery could stall as central banks begin to discuss tapering of their asset purchases have weighed on the pace of growth.

The domestically focussed mid-cap index gained 0.4% to a record 23,966.29 with travel stocks leading the rise.

Waste management firm Augean surged 16.7% after it said it agreed to a buyout offer of 341 million pounds ($468 million) from a group affiliated to London-based investment manager Ancala Partners LLP.

British subprime lender Amigo dropped 2.1% after it said its losses increased substantially in the last financial year.

In signs of steady interest for UK corporates, activist investor Cevian Capital pushed its stake above 5% in insurer Aviva , according to a stock exchange filing.

Banks lead FTSE 100 higher, still underperform https://tmsnrt.rs/3B7nglC

(Reporting by Shashank Nayar in Bengaluru; Editing by Subhranshu Sahu)

https://www.naturalgasworld.com/shell-becomes-first-private-firm-to-sell-gas-to-distributor-in-brazil-91506?utm_campaign=pushengage&utm_medium=pushnotification&utm_source=pushengage&utm_term=&utm_content=

I agree with you South Coast. You see so many predictions and only only shout out when they correct but forget about 95% of their incorrect ones. Now every idiot knows that American markets are way overvalued and everyone is expecting a crash, the more usa index rises the more the chance of it crashing badly its bound to happen. But how big a crash, doubt it'll be big - probably a slow 10-25% correction and then stays there for a while and then start rising. Valuations of USA stocks such as apple and tesla is extremely stupid, the results don't match the market cap they have. Banks are seriously undervalued, can't expect a crash effecting too much. Basel reporting of bank balance sheets would restrict its assets to fall to below certain levels.

Lollllll.

That's made my day.

Livestock. Few pointers
That report is from sunday
It's an estimate shortfall by rightmove, by one company who have no effect on their estimate and mortgage business at large
Sales have dropped they are official figures as in the news today
Tapering is beneficial to banks as tapering helps rising interest rates good for banks.

I come onto these boards to find information about what's happening with the share. All I see people sulking and pay no attention to reasons. So let's get to the chase. Today except barclays which is mostly an investment bank, other bankers such as HSBC, santander etc also down by same magnitude if not worse. Why have bankers gone down - cos the housing market data released today shows a slowdown as stamp duty has ended. Probably slowdowned more than expected. These bankers are big mortgage lender if housing market has slowdown future mortgage business is expected to reduce hence the fall today. End of the week Jackson hole may indicate a scenario for rising interest rates and then everyone will start saying this is worth 60p lol.

Anyway here is from proactive about todays housing data.
10.45am: Property sales tumble in July after stamp duty holiday deadline
The FTSE 100 turned red in mid-morning, down 15 points to 7,093.

Property sales fell to 82,110 in July, down 61.5% from a record 213,120 in June, according to the latest data from the HMRC.

It’s 1.8% higher compared to 2020 figures, but lower than the usual pre-pandemic July.

It was due to the stamp duty holiday deadline, which experts say it demonstrates “the powerful psychological impact the tax break had”.

“The stamp duty holiday didn’t create demand from nowhere. There was already a crowd of people ready to buy because of changes in how we wanted to live, and pent-up demand from the closure of the market during the first lockdown. The tax break just opened a window of eight months, through which this crowd of people tried to squeeze. Eventually this was extended and tapered, but it kept the pressure up,” said Sarah Coles, personal finance analyst at Hargreaves Lansdown.

“All eyes will be on what happens next to the market, as this psychological boost is removed. Sales have fallen, and price rises are showing signs of slowing. There’s the chance that as the panicked rush subsides, prices will weaken. However, underlying demand from people who want to change their lifestyle, boosted by extraordinarily low mortgage interest rates, isn’t going anywhere in a hurry. It means there’s every chance of a soft landing as we head into the autumn.”

LIVE MARKETS-Buybacks are back
* STOXX 600 slides from record high
* Retailers and miners lead losses

* Faurecia shares jumps 9% on Hella takeover

* Future to buy 'The Week' publisher, shares up 6%

Aug 16 - Welcome to the home for real-time coverage of
markets brought to you by Reuters reporters. You can share your
thoughts with us at markets.research@thomsonreuters.com">markets.research@thomsonreuters.com



BUYBACKS ARE BACK (1121 GMT)

Buybacks are back in force and they should give Europe Inc a
boost, analysts and fund managers reckon.

Europe's record-breaking earnings season has shown a sharp
rise in the number of companies repurchasing their stock,
raising hopes of big U.S.-style returns in a market that has
historically focused on dividend payouts rather than buybacks.

Analysis by market intelligence provider Alphasense shows
808 mentions of buybacks on earnings calls during the 180 days
to Aug. 2, a 4% year-on-year rise and the strongest reading
since late-2016.

Don't expect a sliver bullet just yet but if the trend
continues, buybacks should be significant for Europe and
potentially allow shares to re-rate sharply, some fund managers
reckon.

(Sujata Rao and Danilo Masoni)

*****



YIELDS ON THE RISE? YES BUT SLOWLY (1131 GMT)

Markets are indeed discounting a stagflation scenario.

But their view might be too pessimistic, and yields could
reverse their trend after the Jackson Hole symposium due next
week, where the Fed is expected to announce its tapering plan.

According to DZ Bank, "U.S. monetary guardians will do
everything they can to avoid another taper tantrum," but faced
with the reality of a reduction of monetary stimulus, 10-year
Treasury yields will "climb towards the 1.50% level," also
boosted by fiscal stimulus.

U.S. rates will be rising steadily but at a moderate pace,
along with gradual tapering.

The upside pressure will be even more limited for euro zone
yields, amid speculation that the European Central Bank might
launch "a successor to the Pandemic Emergency Purchase Program
("APP 2.0")," DZ Bank analysts say.

We believe the market "is too pessimistic about the economic
outlook," as hard lockdowns are unlikely and vaccines should
mean fewer cases of severe illness, they add.

"Overall, the scope for higher Bund yields is relatively
limited. On a one-year view, we are forecasting yields
approaching the zero level."

The chart shows U.S. 10-year nominal and real rates.

(Stefano Rebaudo)

*****



STILL POSITIVE ON TECH STOCKS (0947 GMT)

With equity valuations at their all-time highs, while
tapering time and fiscal risks are looming, some people might
think that it’s not the right time to bet on tech stocks.

But Credit Suisse analysts are inclined to disagree and
confirmed their ‘small overweight,’ arguing that there’s no
bubble and inves

Posts seems to get deleted far too often. It's getting annoying. Why did the last thread got completely deleted? I had enough of this site. I even looked on trust pilot about lse, one of the worst ratings I have ever seen - speaks volumes. Those who want to carry on listening to biased views without any facts etc - you guys can carry on. I won't be trying to correct their mistakes anymore. I will carry on posting for other shares i have like Lloyds, bp and shell. Otherwise for Hbr you guys know where to catch me. Harbour energy chat on rouge it!

Just read it - brilliant post.

Sorry Miles - just saw your post why am invested. I will have a read. Take care.

Hi miles
Been busy at work so haven't been active today. I have just seen your post on book value. I will see if I can dig out some info - probably at weekend as very busy at work.
I'm not the moderator by the way but probably most active on it.
I also found it hard to navigate originally and you get use to it. Saw someone mention that if we have a daily discussion thread then it'll be easier to continue with the conversation.

But it's definitely better as you can have polls, post images etc.

I will try and be more helpful but your message is still there just sort via "new" to be in date order.