Member Info for skier1

With inflation at +6%, and nominal "growth" at +1%, that means real GDP growth is falling a hefty -5%. The UK is in recession, again. You can see the economic devastation everywhere, from boarded-up shops, to cratered roads, to 15-20% youth unemployment, just about the highest level in the industrialised world.

That has to be the lamest pump ever in the three-decade history of this entire forum! A labmade dinosaur-leather handbag pumped by a wholly unrelated dinosaur fossil day pumped with a wholly unrelated Disney association pumped with a wholly unrelated X association 😆

The FTSE 100 is in freefall. No way can LLOY go up, when the overall market is in bear territory. A correction is underway 👍

That's gotta one of the worst RNSs ever seen in global stockmarket history. A complete mish-mash word salad and number salad of spaghetti mess. Can't make head nor tail of it. Bletchley Park would be unable to decode it. All they needed to say was, they've bought 10% of an oil and gas well in America, and they may up it to 35% next month.

A quick tap on the calculator suggests fair value here is probably around the 0.1-0.2p level, assuming they take a third of the well in May, and don't do an opportunistic or greedy placing.

Good grief. Not another pumpndump cycle! This "company" has been "searching" for diamonds since the last century. Its share price has collapsed a staggering -99.9% in the past two decades. There's always a kimberlite, a coloured sparkler, or a fundraise. It's beyond absurd.

DSG has a new sugar daddy (P&R) with lots of cash for growth by acquisition(s) and is pivoting from recruitment software to additional markets, such as (say) AI.

Who on Earth is buying this heap of junk?! They literally said this week they're on the brink of going bust!

Rising volume, bigger buys.

Be careful here, folks. This has plunged -90% in 3 years. They're placing and diluting every few months. They recently raised at 1p, when it hit 2p. They tried to place £15m, and failed. They've said publicly they will need yet more fundraises. The handbag sale may be split between up to 5 separate companies. BSFA may be lucky to take just a few hundred k from the auction.

Feels like RKT is going the same way as Unilever and ABF. Gonna get taken over by America, broken up into pieces by the City, or sold off abroad on the cheap. The UK consumer goods and food industries are in freefall collapse. Another British industry vapourising before our very eyes. The UK consumer-goods sector now is uninvestable.

Something stirring?

Starting to see significant uptick in trading volume in recent days 👍

Asimpletoninvestor,

There are 19 million spy cameras in the UK in 2026. Around 200 spy cameras per square-mile in the UK, compared with 190 for China per square mile. Every other building and vehicle in the UK now has a microphone. Almost every major car journey you make in the UK is recorded on the ANPR database, along with photos of you and your passengers inside the car. Face-rec is spreading like mushrooms. Voice-rec and gait-rec are doing the same. Have been to China many times. And its exactly the same as being in the UK. A camera on every corner of the land. The two most oppressive countries on Earth.

As predicted, MPL plunging well under 1p. Investors now need to start thinking about a scenario for 0p.

Staggered at how many folks here got caught on the pump-n-dump in recent weeks!

To be fair, all the warning signs were there. The late-Friday RNS, the blunt RNS, the long-wait, follow-up RNS. Plenty of folks on here called it weeks ago.

Having personally done a lot of business in India, and seen it take over a year just to open a single business-grade bank account (!), it's not a surprise to see the outcome of today's RNS.

Share price here will likely slide under 1p. It's a falling knife at this point, and it'd be dumb to try and catch it.

..."Impossible to secure a border of an island like mainland UK so that argument will always be live unless of course you're suggesting putting a fence up around the whole perimeter with cameras the full length and making Britain a prison"...

Err, Britain already is a giant outdoor prison. More surveillance cameras and mics per-mile than China and every other major country on planet Earth. Say a rude word on the Internet, and you can expect a Russian-style arrest and imprisonment.

When you dig into the numbers, it's grim. The UK true population is probably around 75-80 million. Some say 80-100 million. But using the official stats of 69m, about 13m are retired, another 13m are children, over 9m are inactive, circa 3m are adult students, some 2m are are on the unemployment register, and 1m are youth NEETs. That leaves roughly 28m with a "job". Of those 28m with a "job", fully 35% are on benefits! And only 15% of those 28m are net lifetime taxpayers. That means just a tiny 4m adults are carrying the other 65m people in the UK! And the vast majority of those 4m are in London and the Home Counties. Barely 6% of the entire UK population is economically successful. Outside the South East corner, it's about 2%. When you dig into the numbers, it really is (very) grim.

Everybody with an IG account bailing out this morning. Bad news for VULT. Even worse news for the fledgling Aquis exchange.

In the figures that really count -- GDP per head PPP -- the UK is now outside the top 30 in the world. Below the EU average, for the first time ever in history (since last year). Below France. Way way below the US. Poorer than every single US state, including Alabama. Nearly half the level of Switzerland. Long way outside the upper-quartile of the OECD 38 states. Very shortly to be overtaken by ex-Soviet, ex-communist states including Czech Rep, Lithuania and Poland. Strip out London, and the figures are a catastrophe. GDP per head PPP in "rest of UK" below that of war-torn, sanctions-ravaged, pseudo-third-world Russia.

Target price for VULT in there of 7p.