Member Info for Stupmy

Anyone any views on how the budget could impact EZJ? We're all expecting good results in November, but the SP is, shall we say 'languishing'. POO is relatively low, geographically EZJ is not over-impacted by current conflicts (although I accept that such conflicts don't always respect boundaries). Why is the price not doing a bit better. TUI is in a related niche and has risen 50% since August and over the same period EZJ is up 20-25%. Any thoughts anyone?

I guess it could mean that EZJ has got a lot of catching up to do and could move significantly to the upside?

Https://www.londonstockexchange.com/news-article/FOXT/acquisitions-of-haslams-and-imagine-property-group/16736378

It's not really that LW, it's just circumstance really. I didn't leave the UK for a political or financial reason. In fact financially for a long period it would have bee better for me to have been in the UK, less and less with time now though as those perks disapear. But, I can still make it work although it's like swimming in treacle sometimes. I have no tax breaks. 30% across the board tax on everything. It could get worse also.

Indeed, it's about that time and having had a little cat nap, I'm joining you across the water in a little of what I fancy.

Congrats Stille, all the best with that.

I guess it has to be that way as it's hard to build subscriptions and no-one buys paper copies now. Ads are everything to the press in general. I miss the times (no pun intended) of reading the broadsheets over breakfast. Even the mail and the express were once broadsheets. Expess has gone I believe and the mail is 'popular press' now without the ti ts of some other old popular press sources.

I'm maybe conning myself (confirmation bias). SP is looking perky for the first time in a while and I'm dreaming about HBR/ENQ asset transfers, but the price might be moving simply due to POO which is on the up. It was hard, but I've resisted the temptation to add again today.

I remember that. Something about comparing the degrradation of a lettuce to Liz's expected time in office. Who won?

It's a good question. Habit? Lack of confidence or knowledge about my own exchange? Fear of change? The fact it's working for me? The fact I'm viewing the UK as an underobserved backwater and that rotation will bring it up to speed? I don't know. For years, my current tax regime was bad for me rather than good. Now, the UK is losing it's advantages so the idea (which I did hold) of coming back, is starting to look silly.

I said i'd watched it but in fact I'm still watching it. How the f did Liz end up as prime minister (can't get the cheese speech out of my head) and not Kwasi? Been out of the UK for a long time, so this is very new to me.

Sorry, not bo but Offmessage.

Xhita, also wrt your post on the media. I think the press is not benign. Not sure if it's simply sensationalism by the popular press or a more active attempt to change thought processes, but seeking out good information is very difficult. Full time job to be honest.

I think that's breaking bo. I think we're about to see 503 or lower.

Just watched the Kwasi interview. He seems bright and confident and not a whinger. He also seems to lack in depth knowledge of financial systems. How can you become chancellor without that kind of in depth knowledge? But then again, how can anyone become president of the US without some in depth business/financial/dipolmatic knowledge. Mad world. Kwasi comes across very well, but I doubt he was really suited to the chancellor's position.

Is it an easy read LW? I struggle with 'turgid' stuff.

I wondered whether the news on the outdoor smoking ban would stop the rot here too. I had hoped that the fall would stop around 680 (a support level). Not obious it has though. Anyone know what's causing this drop if it isn't the smoking ban business?

Everytime they raise our taxes, it's in part to cover their incompetent management of the states finances. Take a look at Cyprus' financial crisis in 2013. In a sense it's the same. The government need money so they take it off the populous. Theoretically they try to hit the wealthiest the hardest for socialist principles. In Cyprus, there was no gentle politics, the confiscated 50% (fro memory) of everything everyone had in their bank accounts. There doesn't seem to be a big difference to me, other than the hiding behind words in most cases. Poker or Bonker will know /understand more, but it seems to me to be a standard thing. Get the people to pay for the states incompetencies. Borrowing more will likely hit us all hard in the end. Debt to GDP in Singapore was 98% from 1993 to 2022 and tax is 20-24% depending upon income. Switzerland max federal tax rate is 11.5%. Cantons, having some autonomy, levy progressive rates and the total is 36% or so max. Debt to GDP in Switzerland is 40% give or take. So, good financial management gives better tax regimens. The UK does not practice sound financial management and labour are going to f it up even more.

Has Keir not openely stated that investors are not working people.. It doesn't bode well.

Next week could clear up a lot of unknowns. I fear the budget is not going to look pretty to investors.

I'm struggling not to buy more. Volume pretty good again this morning. FOMO is strong.

I've added a couple of times this morning. I'm hoping that AB pulls Linda's pants down on the price and we finally turn to the upside. Fingers crossed Starmer keeps his on, but worries he's made a mess of them and starts looking behind him.

That's just daft zebbo, the interesting thing to me is that those assets are worth less to HBR than they are to us (if I've understood things correctly). The difference in those values is where any negotiations will play an important role in our future success. HBR want the cash and ENQ will want to leverage HBR's wish to drop the assets. Could get really interesting if our management do a good job.