Member Info for skier1

Raking in a +9% dividend per year is utterly pointless when the share price falls -10% a year.

As soon as China goes on a tour of Taiwan, this could fall under £1 in a flash. Very high risk and exposure to the China problem here.

KDR was at 100p a decade ago. Now, it is at 2p.

What is up next for KDR? Time for some rainbow sparklers?

Continuing to keep a close eye on this one. The charts suggest 8p is the next the level to test here. Momentum and news remain bearish.

Most UK bank branches are now mostly empty for most of the time. It's a no-brainer to close them.

Regarding NHS "pressure" -- that pressure is mostly self-inflicted, by poor management and (deliberately) morose unions fostering a culture of misery and despair. The UK NHS gets £200b of free cash and has 2m staff, making it the 3rd largest company on all of planet Earth. It has more than enough resources to serve the "pressure".

Yup, Musicman nailed it... there is no "confusion" by red Rishi or red Labour ultras... your taxes are going only in one direction-- up and up and up.

The next 1-5 years will see:

Salary taxes up
Saving taxes up
Share taxes up
Investment taxes up
Vehicle taxes up
Travel taxes up
Success taxes up
Child taxes up

What's yours, is now theirs...

Have to admire the optimism on here! The HFEL share price is lower today than it was 16 years ago. It's down -30% in 5 years, -10% in 1 year, and -5% YTD. It keeps on tumbling, year after year after year. HFEL really fell. And, yet, folks keep on talking it up. The mind boggles.

Looks like the temporary "salad crisis" and veg shortage pushed up overall UK inflation in Feb 2023. Almost all other main elements of the inflation bucket are falling (e.g. fuel). Today's number is a blip.

Know someone in France who is currently eligible to retire at 61yo, on 80% of their final 120k salary, paid for by the state, for the rest of their entire life (which could easily be 30-40 years). No wonder Macron wants reform. The French system is nuts.

Mate works for a UK hospital. Works full-time from home, does perhaps 2-4hrs of actual work a day, and gets nearly 30% pension contribution. As long as he sticks to the script, he will never ever get fired, and can retire by his 50s. A job for life. He loves the NHS lifestyle.

LGEN has plunged -30% in the past 3 years. Not sure an 8% divvy makes up for the relentless downslide there. And don't forget the worsening UK dividend tax landscape -- which is only going one way in the future... up.

Yup, the abuse dished out here, to people who correctly predicted no UK 2023 recession, 6+ months ago, was / is disgraceful.

The UK is the fastest-growing economy in the entire G7 club worldwide for 2 years in a row. Let's see if the UK can add 2023 to the top performance in 2022 and 2021.

Feels like the "domino effect" of banking contagion is gripping the markets (again).

SVB toppled... followed by Signature... Credit Suisse?... UniCredit?... Deutsche Bank?...

Midsized US banks topple... giant European banks wobble... who's next?...

The US, EU and UK central banks are going to have to step in and calm things down.

The Dow might do a 1000-pointer today. Futures are slumping.

Several Italian banks, such as UniCredit, are also in trouble. Share prices plunging today.

Starting to feel like a rerun of 2007-2009...

Credit Suisse share price plunging -20% in the past hour! Saudi backers have stopped backing.

LLOY now down -15% in 1 month.

SVB, Signature and Credit Suisse bank wobbles hitting the sector hard.

Looks like the Saudis today are pulling the rug from under Credit Suisse.

Customer outflows at Credit Suisse running at $1-2b every single day.

Market getting jittery...

Owning a home is never anywhere near as cheap as those "surveys" often make out. Home ownership is a non-stop tsunami of bills and maintenance. Mate has just blown 3k on a broken boiler, 15k on a flooded garden, and 25k on a rickety kitchen. Renters rarely have those kind of bills.

Just watching a bit of "pre-budget special" on GMB ITV... The programme seems to consist mostly of a neverending stream of viewers demanding the Chancellor give them more free money!

Another reckless tax raid coming up at midday today from the hard-Left Tories.

The stupid and unnecessary hike in corporation tax is bad news for Lloyds (and others).