Member Info for TerryM1

There is however one exception from my exit the UK strategy, I am buying up REITs/ITs that are heavily discounted to NAV that are or likely to be wound up then assets are sold and funds returned to shareholders, one of the few positive gains from the state of the UK stock market. So far working well, 4 would up with good gains 1 almost (most of cash out) and a number at the beginning of the process.

Savage_KeyboardR

Along with other UK stocks so give it up, this is not a reflection on CPI not matter how hard you try to make it such. If I own a house in the UK and don't want to buy more houses in the UK does not make me think that UK Houses are bad investments.

Savage_KeyboardR

Get a grip and lean to read, I AM HOLDING, simple.

Savage_KeyboardR

"blatantly you lap up what the Daily Mail serve you for breakfast, lunch & dinner reading"

I don't reads the Daily Mails so as always WRONG AGIAN, I get most of news from financial sources mostly because I spend a fair amount of time managing my portfolios.

Savage_KeyboardR

You need to read what I said

"I will not be adding investments in companies that do most of their business in the UK"

That does include CPI along with thousands of other UK companies, this is a general statement and not a refection on CPI, in simple terms the UK has become uninvestable due to a raft of anti business, wealth hating, ESG and woke policies made far worse under Labour.

Again you do not understand what I have said, this is to do with how CPI got in to this mess and not a refection on the future or present state of CPI, for now I will hold.

In the light of all that is happening I will not be adding investments in companies that do most of their business in the UK and eventually move all my investments out of the UK if/until there are significant changes to government polices. So far working well.

I think the unhedged part went up to around 25% but there have been more hedging since then so hard to know, the issue is nothing is staying the same for very long at DEC so can't tell much from last set of reports.

Viewing

The last government were bad, they were like Tony Blair on steroids I think we all know this and because of this they lost their voter base. I could not bring myself to vote for more of the same, massively increased taxes on investments, companies etc, ESG, woke and immigration out of control, very poor handling of Covid, unnecessary lockdowns etc. but Labour wanted more of all of this.

I should also have added that AI also will need to done off shore as this is energy intensive and due to the ridicules energy polices of ED Milibrain energy is/will be far too expense to have this in the UK.

Savage_KeyboardR

"my income is £3000, and my rent is £1500"

"because the boss went on a mad austerity drive"

You really have no idea of what happened if you are going to use a simplistic analogy like this the situation was in reverse i.e. income is £1500, and my rent is £3000, without an austerity drive the company would be bankrupt and you out of a job.

In fact the situation was more complex with the balance sheet being stuffed with good will that did not exist which was used to borrow money to pay the dividends. JL kept the company afloat with cancelling the dividends, RI and asset sales but failed to significantly address the low profit and loss making contracts, he needed to make a lot more savings but either did not know how to or did not want to upset the apple cart and was happy to take salary and bonuses etc and lie to the shareholders until not much left to sell, got found out then bailed out.

Given this governments appalling financial management, increase in workers right, increased minimum wage, increased business rates, increased energy costs, increased interest rates, killing growth etc. NI (except if you work for government) etc in a fragile economy that cannot afford these more savings are required. CPI like a lot of others will have no choice but to off shore more work to get partially away from a financial illiterate government to survive. AI might help but I think overall it will make very little difference as all of it's competitors will be doing the same but it will cut staff costs.

Well we are certainly seeing Labours dirty underwear now.

Eviking

Very true, Rachel from complaints Increasing DEC SP and dividends in £s.

Bringing my breakeven point closer as I get paid dividends in $s on II and keep in $s to buy stocks on NYSE. My calculations show around 15p of break even price recently.

"When Gas was last $4, DEC share price was +£20. The market is not factoring in the revenue increase + future prices being locked in."

Then the dividends was 3 times what it is now and there were BBs but also factoring in Rusty not being able to stop buying wells, the huge amount of long term fixed priced high interest debt and share dilution this has caused.

Bloomers_Blower

Well said, you beat me to it typing when you post hit.

"What a joke, this lot want to repeal the Legacy Act, so the likes of Gerry Adams gets compensation for wrongful imprisonment."

Normal service from Labour, give hard working UK payers money away to enemies of the UK while victims of these enemies get nothing and defenders of the UK are prosecuted. They are also trying to rush through giving Chagos Islands away by offering lots more of our cash before Trump gets in, according to Farage (and he should know) this will sourer our relationship with Trump on day one, I guess all part of the Labour plan, send people over to campaign against him, insult him on every occasion, put ambassador in which they despise etc.

Even if they manage to get out of this with some new loans/money I fear they will be back in the same situation in 6 months to a year, can't see this ending well.

"Siddiq resigns in wake of corruption claims."

Someone should have told Starmer when he appoints a corruptions minster it is not meant to be a post for someone who is an expert at it and up to their neck in it.

"Actually Terry -he'd fit in quite well at Labour HQ."

Yep amongst the other comedians, government for growth, for the people, end to corruption, end to cronyism the grow ups now in charge.

Now we get Orwellian newspeak, 1984 was written as a warning about communism/socialism not a manual for the Labour government. Lies, dame lies and Liebour.

It is the girls from complaints, accounts as we have all seen far too difficult for her.

Her visit to China is being call the the Peking Duck, where will she go next to avoid the flack.

Savage_KeyboardR

"Strong performance from Reeves, showing the opposition how Governing is done proper!"

Your wasted here, you should get a job as a comedian.