Member Info for skier1

Yeah, there is no doubting their dodgy stuff behind the scenes. Government Sachs, Goldman Sucks, Goldmine Sachs, Vampire Squid, etc. But they still have huge influence. In the swipe of a pen, they have made banks trendy again. Lloyds is back on the uptrend.

Good old Goldman Sachs... Sure as night follows day, when Goldman makes a stock tip, the herd piles in. Goldman was hyping US and UK banks, for their juicy dividends, on Tues / Weds, and now Lloyds is spiking on Fri... This is turning a corner.

The charts are now indicating this will test the 2p range again this month. Another daily close below 2.85p will be a sign that it is headed for the 1p range. Quite unbelievable to see posters here who were ramping this at 40p, and are still ramping it at 3p! SXX is facing major problems for financing, tunneling, potash pricing, Brexit chaos, and dawning global recession in 2020.

There is defo a meatless revolution taking place. The Economist recently suggested meatless products will take 1% of the world meat market in 2019, jumping to 10% by 2030.

The problem is, Britain has not developed a world-leading food company since the 20th century. We just don't have the finance hunger, production skills or marketing expertise to win anymore. Impossible Foods and Beyond Meat of the US are probably going to win the battle for the UK and global virtueburger. In all likelihood, Agronomics is very unlikely to succeed and will fizzle out or get consumed quietly in a year or two at a giveaway price.

Saga is a high-cost-base, high-debt, low-profit company.

Thomas Cook was a high-cost-base, high-debt, low-profit company.

Any whiff of a UK recession next year and this share will plunge as travellers and shareholders rush for the exit.

The world is at peak-Dow, the US tech IPO bubble is bursting, the Fed has shocked the world with clumsy interest rates, a global GDP recession is just around the corner, China is slumping, EU is crumbling, UK is going post-retail, Brexit hysteria, India is wobbling, Russia is on a war footing, Japan and Korea hate each other, Brazil's Amazon is seeing an eco-collapse, cyberspace wars are raging with Iran etc., oil is yo-yoing like mad, space wars are quietly beginning, US and UK are readying to b*mb Iran before the 2020 election, the US-China trade wars will last a decade or more, and steel is stuck in a vicious downcycle.

Buying any UK share (other than a day-trade) right now is insane.

EVR will be a cracking buy at £1-2. But it is a no-no at current £4 levels.

Saga has a huge $1 billion of debt and struggles to make £100m of underlying profit. And margins are shrinking. And the cruise market is oversupplied and in a price war. Any whiff of UK recession next year and this will go Thomas Cook in a flash. Years of reckless hubris (like overpriced ships) are quietly catching up with Saga.

Lol. My uncle worked at Tesco in the 1990s and told exactly the same stories of "jobs chaos" and "agency staff chaos" and "relentless staff turnover". Nothing has changed in quarter of a century!

Uncle was lucky to get in early, during the boom years. His cheap Tesco stock options were worth ~£200k when he retired.

Wouldn't want to work at Tesco now, though. Aldi and Lidl are crushing them in food, Amazon is crushing them in non-food, while the overseas business is in freefall.

The charts look very bearish here, pointing to £1-2 as the next stop. For now, EVR is way too risky. Recession, steel downcycle, trade wars, etc.

Lol.

The prof has been ripping off mug punters for 2 decades. He ain't giving up anytime soon. He is almost 100yo and has nothing to lose.

All it needs now, for the complete set of pump and place, is an RNS saying a "diamond" has been found in a previously unannounced colour. Something like green or brown should do it ;-)

SXX "management" was incredibly naive / stupid to think the UK government would bail it out with a billion quid! From coal mines in Scotland to gold mines in Wales to lithium mines in Cornwall, the London rulers and British culture have absolutely zero interest in filthy mines where poor people oop-north dig holes underground. There is no support or hunger whatsoever for UK mining. SXX is circling the gurgler and running out of options.

Lol. That is the same guy who was pumping SXX last year!

Most LSE posters are glorified gamblers taking a punt on tiny oil and mining stocks. They love the lottery buzz of digging a blind hole, and seeing what pops out of the hole with the final scoop of the digger (usually nothing). Posters here are less interested in big firms with profits. LSE posters also prefer to buy (long) rather than sell (short). Evraz is on quite a sharp down-cycle for now, so not too many PIs seem to be purchasing at the moment. Interest will no doubt pickup here as it heads closer to the £1-2 range.

With the world now on the brink of collapsing into recession, the window for credible financing is closing for SXX. It is going to get harder, not easier, to find funding before they go belly-up. They will need to go nuclear, and consider a mega placing -- something like 1 trillion new shares at 0.1p.

The DM recently suggested SXX could be bust by Xmas... So, sentiment here is at rock-bottom and worsening. The charts indicate 1-2p is the next stop.

Cannot believe anyone is still buying shares in this heap of junk! The prof's "pump and place" process has been fleecing mug punters for 2 decades. There are definitely diamonds right around the corner... we just need another 500k to prove it ;-)

Bet, if you went through the press releases for the past 10 years, you could build a rainbow... Orange, pink, purple, red, you name it... Just change the new colour of the "discovery" every couple years ;-)

Heavy buying coming in on the back of the new results yesterday.

The shorts have been here since 40p... And will chase SXX down to 1p.

This echo-chamber of delusion chose to ignore the shorts during the past 1 year, namecalling them trolls, shouting abuse, and telling teacher to delete their posts if it didn't echo their ramp.

No tunnel + no funding + dilution + Brexit chaos + global recession = downsellers' paradise.

The 1-2p range is in sight.

Looks like yet another British company from the provinces about to go bust!

Ridiculously high cost base on tiny margins, poor diesel preparations, poor electric plans, poor Brexit preps, stuffed-up strategy for expansion, a fallout with one of its main partners, and no chief executive...

The list of ineptitude here is quite staggering.

The moral of the story is -- do not buy British companies if you want to get rich.

In particular, never buy British companies that are run from the provinces.

SXX, Thomas Cook, FlyBe, BoS, RBS, B&B, Pendragon... the list of failures from the provinces is getting longer and longer with every passing year.

Provincial UK companies always end up with secondrate management, workers and finance.

Britain is in post-Empire decline and we are becoming slowly like Greece.

If Buffett had invested longterm in the UK, he would defo not be a billionaire. He would have gone bust in the 1970s.

If you wanna get rich, you gotta invest outside Old Europe. The region is decaying.