Member Info for skier1

The Truss budget was economically good. Cutting tax and lifting disposable income for the consumer is the right thing to do. It's why America is so rich.

What Truss did not do was run it pre-speech past the hard-left ONS / OBR / BOE, so they deliberately briefed against her post-speech. That's what pushed the bond and stock markets down. The blob briefed against the elected govt.

Truss was good at economics. Not so good at politics.

Whenever I read about the EU, nowadays, it always seems to involve "threats". Threats about the UK's North Sea fishing grounds, threats about access to the EU defence budget, threats about a Brexit "reset", threats about a US-UK trade deal that is nothing to do with them. It's nonstop threats, and more threats. A timely reminder why the UK voted to leave the EU.

Since the "green revolution" started in the 2010s, our energy bills have tripled. Electricity prices have gone up (not down). And they're still going up today. More windmills and more solar panels only mean more jobs for China, more wealth for China, and less disposable income for the UK. The "green dream" is deluded beyond all comprehension.

There are 11 counties in Northern England with (at least) 1,300,000,000,000,000 cubic feet of shale gas. Enough to power the whole UK virtually for free until the end of the century. Average GDP per head in Blackpool would achieve London levels by 2040. It beggars belief that we're just letting it sit there, and do nothing.

Brexit made this possible 👍

But seriously doubt Starmer will get a good deal... Mauritius and China out-negotiated the UK for the Chagos surrender. France is about to win the North Sea fishing grounds. Most of the big Ukraine defence deals are set to go to Germany, France and the US. The EU is about to exclude the UK from its €150b defence upgrade. A rough guess says the US "fair" trade deal will be heavily weighted against the UK ☹️

..."We are all paying more and more to government and Local Councils for an ever decreasing quality of service"...

That's because your taxes are paying for ever-bigger golden pensions for UK council "workers" beyond even your wildest dreams.

A typical employee in the *private* sector today will get a 5% free monthly contribution to their private pension from their employer, which in turn must be gambled on the unpredictable stockmarket with 0% guarantee that you win or lose.

A typical employee in the *public* sector today will get a staggering 20-40% free monthly contribution to their public pension from their public employer, which in turn is gambled on the stockmarket with a 100% guarantee that you win.

The net-result is that a jawdropping 20-25% of all council tax now funds council "workers'" pensions. Every £4,000 gross council tax you pay every 365 days, a £1,000 of it is paying for a state "worker" to retire at 50yo on £25-35k a year for eternity.

You're not paying more, and getting less.

You're paying more, and they get more 👍

Another strong volume day today, 4 times higher than average.

Copper is the new gold. Rare earths are the new silver. Without them, you can kiss goodbye to almost every modern major tech, from chips to clean energy to EVs to smartphones. REE has copper and rare earths.

REE has copper and rare earths.

Https://www.express.co.uk/news/world/2038613/2560ft-tall-volcano-pretty-african

Market is finally waking up to this one. Rare Earths are getting rarer, due to tariff wars.

Much improved financial results for H2 2024, and a stronger outlook for 2025. Doing £20m of revenue. Current marcap is £4m. Looks way undervalued. Huge recovery play.

https://www.lse.co.uk/rns/AFRN/full-year-results-gr7b5dycqif5vwe.html

Aferian supplies streaming video for over 500 Paddy Power bookies in the UK and Ireland. When you watch a live horse race and see the betting odds, AFRN is the low-latency media player that delivers it. Aferian is an established B2B tech firm.

https://www.businessweekly.co.uk/posts/paddy-power-backs-sure-bet-amino-technology

Revenue £20m. Marcap £4m...

Up +34% now. Price ticking up on the Ask with every buy. 3.7p paid.

Looks set to open 100-200 points up on Mon 👍💰

..."We ban coal here, then exported our industry to China where energy is cheap because they burn coal. All in the name of saving the planet"...

Nailed it, Bloom. The UK outsources its pollution to China -- just so some Westminster egomaniac can grandstand at some pointless conference about how they have "cut emissions". It is beyond absurd.

Very strong trading volumes again today, some 12 times higher than normal.

Price ticking up on the Ask.

Aferian reports turnaround, with positive outlook for 2025.

https://www.tipranks.com/news/company-announcements/aferian-plc-reports-turnaround-with-positive-outlook-for-fy2025