Member Info for steviewonder77

claire/ are you long DT? If so ,will you be selling?

Win/we are also connected to Stanford in the US. So we have first class breeding .

Our CEO has stated many times that our technology can be used for other uses. The trouble with technology is its forever changing. That is why i tend to top slice when in front and go "Free and Clear" ASAP with technology stocks

AI/ short term i think we will revisit the October lows. Medium/Long term above the all time high.

At the moment we are swimming against the tide, when it turns we will be ok. It might take a year or two. I think there will be a lot of M+A in our sector in the next year

I cant see the E+Y report affecting the SP "He who pays the piper calls the tune". The problem is with rising rates ,we will now have a credit crunch and illiquidity in the market.

Plunger/ Its just a "second opinion" to calm the market

Watchman/ as for the "takeover scenario" i think the buyers thought the market was going to come off. They or others could come back in, who knows. I am 40% down(about £280K) on this but iam still confident. You have probably heard it before but you dont GAIN or LOSE until you SELL. In over 40 years of investing i have only bought and sold 25 stocks(18 winners, 7 losers) I look at hundreds of companies. If DT ends up as one of the losers ,sobeit . Also the picture could look a lot better next year, the war could end, the FED could pivot and inflation could be at 3%. If only i had a crystal ball

Watchman/i started to change my portfolio(which is a bit of a joke being i only now have 3 stocks!!) when the Central Banks started raising rates. I was in small growth stocks ,i sold out of the last one about a year ago ,they have all crashed since because of rising rates .I sold Lloyds Bank a few months ago ,although i like Lloyds. Higher interest rates helps the banks but Lloyds being mainly a UK retail bank and the biggest mortgage provider ,rising rates ,will lead to high consumer debt and bad loans. I bought the LSEG, GSK and DT. My thinking there was the LSE as been going for over 300 years ,great company ,they will get hurt in a crash but will be one of the first to rebound. GSK people will always spend on health and we are living longer. DT i bought because businesses will have to spend on Cyber Security even in a downturn.. I am also now holding 30% cash. The higher the interest rates go up, the more negative i get

Panda/in 1987/88 interest rates went up to 15%. Marriages broke up ,many people lost their jobs and houses .I saw that one coming by studying the "Y2 10YR inversion chart. I sold my house in Chiswick and my share portfolio. I put the money in the bank at 15% interest rates ,then started again 2 years later, i made a killing. The debt levels are a lot higher now, the crash will be a lot bigger. The Central Banks got it wrong then and they are getting it wrong now. As for the ECB they are a joke.

get/your sad.

get/ive never read so much nonsense. Inflation is falling. When the FED raises rates it takes a year to 18 months before you see the damage done to the economy, but they keep raising. In my opinion they should have stopped at 3% . Its not only the rates its all the rest of the QT (Bonds, Assets). You only have to look at the 2Y 10Y inverted yield curve to see that we are going into a recession and a stock market crash. How many people will lose their homes ,before simpletons like you,get it

get/regulation bought in after the 2008 crash ,compelled the banks to hold Government Bonds. With the FED raising rates(to what i consider a ridiculously high level, considering the level of household debt) which in turn devalued the Government Bonds. Of course the reason they give is inflation ,which in my opinion is temporary caused by QE

Our few bob and the $25M revolving credit facility are now with HSBC and you dont get much bigger than them. Just bad management they should have hedged when the rising interest rates decreased the value of their US Government Bonds.

SW/ "Why did SVB have to sell at a loss" Its simple, they needed the money. Its the same as if you were running a fund and your investors wanted to make withdrawals, you would have to sell businesses at a loss. It happened to Neil Woodford a few years ago, I remember him saying that it" broke his heart" selling AstraZeneca at £42. So i bought a bundle

Regulators Response "The collapse came after SVB said it was trying to raise $2;25bn to plug a loss caused by the sale of assets, mainly US Government Bonds ,which had been affected by higher INTEREST RATES"

You cannot compare SVB with the rest of the banks ,basically it was set up to supply loans to SME tech firms in the valley. You now have a liquidity risk where their assets dont cover the loans. That is why the SPs of these tech companies have been crashing. With rising rates you will see many of them go belly up in the next few months

When the Fed raise rates, liquidity leaves the markets(especially tech) that is the problem there is no liquidity in the market. All the money is going into Bonds

After what happened in 2008 to the stable banks when the governments( especially in the US and UK) convinced them to bail out the ones in trouble ,i cant see that happening again, once bitten, twice shy. The next few weeks will be interesting ,thats why Buffett always hold 30% cash in Berkshire ,so he can take advantage of a crash

In a roundabout way the SVB collapse might work in DT and the tech sectors favour, because it might make the FED think twice about raising rates. The FED caused the collapse of SVB by over tightening. The FED never get it right, they go from one extreme to another.