Member Info for skier1

A warchest of £8b is going to last 6 months max.

With the UK set for economic collapse and 10-20% decline in GDP this year, few people are going to be buying airline tickets this year.

Think you're pandering too much to Daily Mail hysteria there.

China is 50-75% back to normal now, and looks set to be 80-90% normal by the end of April. Things are returning to normal and the plague has stopped its spread.

And, of course, a catastrophic UK recession will be catastrophic for LLOY. Could see it hit 1p and a huge government bailout.

A global shutdown will not happen. China has now all but recovered.

But the UK is going to see a deep recession. Worse than 2008. Perhaps a -20% collapse, like Greece, followed by 10-20 years before normal service returns to previous levels.

I've got some magic beans you can buy.

This "company" is likely going to be heavily hit by coronavirus. The CEO is almost 90yo and won't be travelling to Finland to "look" for diamonds anytime soon. He is going to be housebound for months. That may well mean yet another placing to fund his lockdown.

Good to see reality kicking in here.

CGNR has been pumping and placing for 20+ years and never sold a single gram of gold (or diamonds).

Millions and millions taken in salaries, fees and business flights.

The CEO is approaching 90yo and he is going to be under house isolation for 1 to 6 months, due to virus restrictions for the elderly. He is not even going to be able to get to the Finnish forest in spring and top up his tan.

The shareprice has further to fall here.

Dow Futures are up +2% right now, so a FTSE crash tomorrow is unlikely.

As predicted, the EU is implementing an EU-wide travel ban. Few or no flights for 1 month. EZJ bookings set to collapse -90% or more in the near-term.

Wish British investors would stop their obsession with dividends.

Dividend investing has not been a successful strategy since the 20th century.

No point whatsoever in a 10% dividend when the LLOY shareprice has collapsed -95% from its peak and the bank may go bust in a few months.

As predicted, EZJ sliding into the £5-6 range today. Investors now need to consider a Thomas Cook scenario to 0p. The European economy is on the brink of collapse. EU open-bordere have allowed mega spread of the death plague. Italy's rate per-head is almost 10 times higher than China.

Trump just hinted he will kick out Jerome Powell from the US Fed. Good news if he goes next week, and can replace him instantly with someone better. Powell has been a disaster. Lifting rates too soon, and then cutting them too soon in a panic. Powell has been the top catalyst for the US, UK and world market crash in the past month.

More countries shutting their airspace, like Spain and US. Passenger numbers have collapsed. Mass gatherings will be banned in the UK and focus minds on mass transport (like air). A slide to the £5-6 range looks inevitable here. If EZJ hits £1-2, expect someone like Delta or Lufthansa to jump in and knock out a cheeky bid around the £3-4 level.

US has confirmed the UK and Ireland are banned.

Could see IAG dip under £1 next week.

Tokyo looks like it will open up 500 points on Monday.

LLOY should spike 10-15% on Monday, provided there are no disaster stories over the weekend, like a Trump corona positive.

FTSE set to open up 200-400 points on Monday.

Biggest Dow rise (by points) in history.

US is going to ban UK flights and passengers from the US.

Dow soaring 2,000 points, due to Trump's coordinated emergency plan and Fed flooding the market with trillions of cash. Dow 25k and FTSE 6k within sight again. Very clear and holistic plan from Trump.