Member Info for TheFarEnd

My AIM shares are doing alright, funny old world.

We've had over two hundred posts here, yesterday and Friday.
Let's hope we don't get three days in a row.
Just saying.

Is there no lengths some will go to re-enforce their beliefs, someday you will probably be proved right DT, timing is everything in the market but posting links to October 2017 articles ain't gonna cut it.

https://youtu.be/aelpqWEBHR4

It could be said that one can cause the other Theosus. But you can still get inflation with little growth, we're on course for both.
As you know, the time to worry is if we get minus growth figures and plus inflation together.
I believe the figures obtained for both have no bearing on each other, they are separate.
Does that make sense?
Sorry, I've got the other half at me now, :-) we're off out somewhere, only she knows.

'The OECD is forecasting 4.9% GDP growth for the UK next year, the fastest in the G-7. Growth this year will be better than the OECD previously estimated at 6.9% rather than 6.7%.
As well as the prospect of two years of back-to-back surging growth, it is worth noting that the pound is now higher than it was before the referendum, foreign direct investment in the UK is still massively out-performing our continental rivals and the unemployment rate in the UK is half that of the Eurozone. All thanks to Brexit' and despite covid!
Japan, Germany, Canada, US, Italy, France all trailing the UK in the number one slot.

A slight blip and the doomsters reappear.
I would have thought most are in profit, so make your own judgement and act accordingly.

Nevermind the market Daft Trader, have you paid your pledge to Mr Meerkats competition yet?

Re: 44p, I think Falky believes that every gap gets filled before the SP can move up significantly.

I must say the SP has struggled during previous buybacks. Any effect on the SP will not be instant anyway due to the rate of buying imposed by regulation. But of course the market cap all depends on buyers Vs sellers anyway, not to mention world and domestic events.

Another grabbing headline to catch people's eye.
Early January retail reports were extremely encouraging with great Xmas trading nearly back to precovid levels.
The ONS reported sales volumes were down 0.9% compared to December last year, hardly a catastrophe and not a slump if you count the complete Xmas period.
Footfall down! People's shopping habits change, most completed in November last year and on-line.
After a great footsie run last month folks get used to the new 'highs' and get all despondent when it turns and they didn't sell.
Just saying.

How come when, a couple of months ago, I said arecession was coming (and, if you open your eyes, you will see that it is here) , I was ridiculed.

GazzB.
You was ridiculed because you're a socialist, most/all of your posts have political leanings, the rest have no substance.
A recession is already here..... see what I mean.

Is everyone getting this message when looking at members posts?
"Chat is temporarily unavailable, we apologise for any inconvenience caused"

March, the last chance saloon for BEM this year, as lbjj has stated the hustings begin around Easter time.
I know this decision does not depend on one man's shoulders with various government departments having their two penny's worth.
But as Thorwaldsson is currently the minister for Business, Industry and Innovation, he will be the major influencer.
Given his background in the trade union movement there will surely never be a better scenario for a yes decision or actually a decision.

Here's a message to all the Sami from our own Willy Shakespeare…..
Beware the "ides of March" and look out for that new moon!

"If you were to listen to FarEnd, you'd cut your losses and take 17p now and be done with it, move on and think yourself lucky you didn't lose the lot."

I suggest you re-read my post Suzy, where have I ever said/advised "cut your losses"?
I still have plenty left in BEM.
Just because I've been selling small amounts into the rise, which given my average before this current government was formed, is, in my view, a sensible and well known trading option. There won't be a chance to unload after a rejection of this concession and I, along with many others stand to lose a substantial amount, albeit former profit.

As for your comment "FarEnd says will it be all debt."
Debt, debt for equity, dilution, call it what you want, there are many different ways to raise finance. As Budge says we've spent 80 million (that's over the lifetime of BEM's involvement in Kallak) and we will spend billions, but you don't get something for nothing.

"We have invested SEK 80 million and will invest billions if the permits are granted."
Here's the rub, will we be investing billions on our own or with a partner.
So it's debt or debt for equity.

My personal view on a positive decision is, no-one will make a move in any form towards BEM at least until the next stages are completed, especially approval from the environmental court and all appeals (if any) have been exhausted.

Either way there has to be a serious amount of fundraising immediately so BEM can engage the relevant personnel and raise their game to see this through to the first stages of construction.
At this stage partners will begin to emerge.
As PAYJJ said, "Let's hope the initial spike is a good one."
BWTFDIK.

F. Wish you luck.

TellySong,
"At what level does the increased revenue for us turn to defaults? Probably not 1.25%, but will that be enough to stem inflation?"

Don't know about stemming inflation, some would say that's what you get when you 'manufacture' money. But Lloyds shouldn't be too concerned on the mortgage front.

"Only about a third of adults have a mortgage.
About a third rent their home, another third have either never had a mortgage or have paid it off. Those figures come from the English Housing Survey, which is geographically limited, but one of the most comprehensive guides available.

Some 74% of mortgage borrowers in the UK are on fixed-rate deals, so would only see a change in their repayments when their current term ends, according to banking trade body UK Finance. About 1.5 million fixed-rate deals will expire next year, and another 1.5 million will do so in 2023.

Of the remainder, 850,000 homeowners are on tracker deals, and the other 1.1 million are on standard variable rates (SVRs). They are the people likely to feel an immediate impact now the Bank rate has risen.

Plus, every mortgage applicant since 2014 would have needed to prove in a stress test that they can pay at a rate of about 6% or 7%.
If they didn't lie on the application form lol"

Falky, since your 'tip' for Argos last November I believe don't believe they have moved. Should have switched to BEM, check em out. You may not be too late if you like a yes/ no gamble.
Argentina are getting restless again.
Just saying.

For you Suzy :-)
Just sold a few more, 30k @ 16.625p
"I think it's only money and not just about money."

"your old favorite is back"
Who's that Mr Angry?
Eating his words we hope.

Yes, the number of issued share reduction is not in doubt, they must declare the number of issued shares. I just mentioned the o/a costs involved as Lloyds did not declare them.
Although it's probably buried somewhere in an issued report.