Member Info for Taverham

Great link @hardup. I just love the headline which they contrive as ' Bell ends...' very apt when you read what this idiot thinks should be done!

Great update today. Well done Bill and team.

STP - unlawful imprisonment.

RPI - the true measure because it includes housing 3.5% - same as CPIH this month. Of course this government and the previous one assumes we dont have housing costs because that allows benefits to be eroded by inflation and people can be conned into lower pay rises and lower living standards over time. Outrageous but nobody makes any noise in msm.

Labour always sympathised with the IRA - why? Because they fundamentally hate the British people and their traditions - they want to dismantle our society and anything cohesive.

I wholeheartedly agree with the sentiment of staying away from aim junk - I have lost tens of thousands there. however someone suggested aim and MSI directors have all been there over 40 years the company has piles of cash and is profitable - which makes it unusal. However DYOR in all cases.

Wishing star I would avoid s and p 500 - too high. If tyou want some US exposure look at AHT - they will benefit from rebuilding following the CA fires. If you want AIM exposure look at MSI - they are about to announce a new strategy because they are getting lots of orders for their antidrone guns. You are young enough to take risks . seven figures in 10 years if you are lucky!

All, some first hand experience comparing the 1970s to today. I bought my first house age 22 for £11k about 3x my salary - it was 3 beds with a garage . That option is not available to youngsters today - my daughter age 28 , would need 15x her salary and she is better qualified than myslef.

Yes I also benefitted from MIRAS and tax relief on a related life insurance policy.

Our politicians have effectively made numerous mistakes the biggest being pushing up demand through high levels of immigration and pushing incomes down through cheap labour and closure of high quality jobs.

Wishingstar, the advice offered to buy in chunks is always a good idea.

I invested here when it first floated - before you were born and over that time it has had periods of great rises and periods of consolidation, which we are in now imv. The sp was over £2 a couple of years ago and it is at bargain basement levels imv . It makes about the same profits as Next but is on about half its rating because Next communicate better.Good luck and dyor

400, thanks for the explanation - no worries about operational leverage here as store opening is mainly overseas where they have better governments.

@forward, good post and for my part i think next year will be guided at the start with this year's outurn as a midpoint. Why? well the company will get larger contributions from the recent acquisitions which will offset the UK problems. Throw in a bit of inflation and a US increase and the guidance could be raised from that point as the year progresses.

400, what do you mean by 'operationally over leveraged'. I understand financial leveraging - which is not an issue here. I agree UK had headwinds but UK is only one third of the business - Next is still highly rated and that is likely 90% uk.

2reincarnated, I doubt you will see 50p here . The price is bargain basement already suffering from general economic uncertainity in UK and US . The exchange rate gives the UK a buffer for our duffer chancellor.

Causal, don't forget this is an international business - two thirds outside UK and a falling GBP will help - i doubt you will see 70p. I added at 87p

Jane, his job is to talk the sp up, hence the words. However the strategy over the years is proven - these were launched at a sp around 3.5p equivalent.

Watching IG TV on you tube[ which I recommend] , they just said the SP is called down 5% at open .

We will be lucky to close above 90p imv. Expecting it to trade mostly in the 80s simply because of the words used about next year's outlook.

Kier Starmer has not been invited to Trump's inaugeration it means he will be here most of next week!

Ant, I agree a lot can change in just 4 days - like the chancellor! 2 Yr gilts rose to above 4.6% today indicating the market just don't believe in her budget. She will be sacked as soon as they can find a credible [ to the market] replacement . GBP has fallen anothe half a percent against the dollar which will push up inflation and reduce the chances of an interest rate cut any time soon. She has to go .

I have held shares here about 15 years and am thinking the property market is falling again. I have been searching Rightmove and in Northamptonshire the first 10 entries today in my search were all price reductions and i did no see that during the worse days of Liz Truss. Not the same situation in Oxfordhsire where it is a minority of price reductions but this economic uncertainity and rising gilt rates is already having a big effect imv.