Member Info for skier1

Shell's quarterly net profit margin so far in the 2020s has averaged -1%.

Red politics of envy and jealousy are a slippery slope.

Windfall the oilers and sparkies today.

Tomorrow, the banks.

It never ends.

Red Tories strike again.

Their tax raids never end.

If they can raid the electricity suppliers in H1, they can raid the banks for their profiteering on soaring interest rates in H2...

Love Premium Bonds.

Their "1 in 59 billion" chance of hitting the jackpot makes total sense.

Like buying LLOY for a 4% dividend while the share price tanks -20%.

Global deaths by famine have declined -99% in the past half-century.

Worldwide food supply is very sophisticated, nowadays.

With luck, there will be zero famine by the 2030s.

Huge UK LNG gas exports to mainland Europe are refilling European wholesale storage sites in H1, and the regional glut will bring down UK retail gas prices in H2. Centrica's efficient just-in-time UK storage policy is driving up UK exports and bringing down prices for consumers in the UK and also for our friends in the EU.

UK minimum wage for entry-level workers has soared +55% since 2010. UK inflation has gone up +30% since 2010. Wages have massively outpaced inflation for those who it helps the most.

Everyone has a roof over their head in the UK, housing costs by wage % are the same as last century, while the tick-up in house prices gives the UK economy a feelgood boost.

If Boris can start to bring down taxes just before the 2024 election, gently rightsize the bloated public sector, and tame inflation, the UK is set for a post-Brexit Goldilocks economy.

The worst of UK and US core inflation looks like it has already peaked.

LNG gas, for example, has plunged -80% in weeks.

Unemployment is near its lowest ever in recorded history, wages have soared for entry-level workers in recent years, and house prices are ticking up nicely.

UK banks are on low PEs today because of their possible downside risks.

Regulators, political groups, fintechs, new entrants, they all want a slice of the banks.

Anybody who still thinks they live in a free country today is in denial.

Just looked online.

Almost 1 million UK properties for sale.

There is no housing shortage. Plenty on sale.

Surprised it is so quiet here!

Shame they didn't list BSFA stock in (bigger) New York. The appalling spreads, low liquidity and low platform availability in London make this share a massive pain to trade.

BSFA's lab-grown food, cosmetics and healthcare look potentially very attractive.

Britain probably no longer has the skills to commercialize it, but BSFA would make a great takeover target for an American, Canadian, Australian, German, French, Japanese or Chinese company to swoop in and buy the firm for its tech or patents.

Wouldn't be surprised if hype alone takes this one to the 50-100p range by (say) 2025, up from 5p in 2022.

Dyor, etc.

https://www.dailymail.co.uk/sciencetech/article-10840769/Newcastle-scientists-plans-grow-real-fillet-steaks-lab-12-months.html

Yup, more hard-left hysteria.

It never stops.

Britian is so starving, it is one of the fattest countries in the entire world and the WHO says it will be the fattest in all of Europe by 2030.

You couldn't make this up.

Nobody is "ignoring the reality".

The reality (not the perception) is that UK jobs are up, employment is up, retail sales are up, house prices are up, GDP is up.

If the BoE can bring down inflation, the roaring 20s will be back in a flash.

Yes, UK taxes do need to come down -- by 20% or more.

The red Tories are Corbyn lite.

House prices leaping...
Retail sales jumping...
Unemployment near its lowest ever level...
Job openings near a record high...
Wages (nominal) rising at a controlled pace...
GDP up YoY...

Only inflation (mostly imported) is preventing the UK from a post-Brexit boom...

UK housing affordability remains largely unchanged from the last century, at about 20-50% of wages, depending on location. Everyone 100% in the UK has a roof over their head. Locals willingly sell their homes to outsiders, and then blame outsiders...

Hope you're right, mate.

Need to keep house prices chugging upward and support economic confidence.

...upping mortgage multiples to 6.5 x salary.

Good news for house prices in 2023.

UK is now a communist state in all but name.

Every day is a tsunami of more tax, ban, oppress.

Just an hour of news catchup this morning and already seen calls for yet more windfall tax, more tax for the NHSSR, prison for mild speeding, passport ban for the middle class, house arrest for flu, red union train strikes on Queen Bank holiday, ban BOGOF food deals, a total ban on meal deals at supermarkets...

The oppression never stops.

Red Britain :-(

It is important not to get too hysterical about inflation.

The indicators are comparing intra-Covid lows of 2020 / 2021 with the post-Covid highs of 2022. As the world moves into 2023, and comparisons normalize against 2022, those UK and US inflation indicators will drop back down.

Those 121k new UK jobs will be mostly in entry-level or midrange services that are reopening after the Covid shutdown, like airports, airlines, tourism, taxis, etc.