Member Info for TheFarEnd

Asp1, I'm no chartist but when this happened it was visible on Trading view but now (like the blue screen of death) it's gone.

Sainharry, as I understand it, you can get Universal Credit if you're unemployed but also if you're working.
There is no direct correlation between universal credit claimant's and the unemployment rate because there are too many anomalies.

Sainharry, I fail to see the correlation between those claiming universal credit and those actively seeking work. -
The definition of unemployment used by the Office for National Statistics is based on the internationally agreed and recommended definition from the International Labour Organization (ILO)—an agency of the United Nations. Use of this definition allows international comparisons of unemployment rates.

Unemployed people are defined as those aged 16 or over who are without work, available to start work in the next two weeks and who have either:

a) been actively seeking work in the past four weeks, or
b) are waiting to start a new job they have already obtained.[5]
Those who are without work who do not meet the criteria of unemployment are classed as "out of the labour force", otherwise known as "economically inactive". For example, a person who wants a job but is not available for work due to sickness or disability would be classed as economically inactive, not unemployed.

I sometimes wonder why doesn't everyone close up here and open an account over on the avanza forum?
After all this BB is just an extension from the Swedish site as that is where the news, apart from the occasional RNS emanates from.
At least that way your frustrations, grievances and dissatisfaction will be heard by the Swedish fraternity which is at the very least closer to the problem. :~})
Besides it'll be more fun letting them translate instead of us lol.

Britain's unemployment rate unexpectedly fell to 4.8% in the January-March, a period which the country spent under a tight COVID lockdown, official figures showed on Tuesday.

Who cares?
Devolution started by Blair to try and maintain the Labour vote north of the border and failed miserably, like most of his ideas.
The clue's in the name, the SNP, give em nothing, they get too much already.
They are already a special case, a basket case.

Enjoy the weekend weather folks.

Hi aug, yeah hope it does get smashed.
Just compared the like for like market cap when the SP hit 70p. However I also mentioned a consensus of 20p, (mkt cap c £165m) whatever I say Suzy will double it. :-))

Alan from Brighton I presume, nice to hear from you again.
There's a filter button for that if you wish, personally I prefer all views whether I agree or not.
I must say, to-date llbj has been more right than wrong so far and certainly more polite than a certain hedgehog, stick with it.

"Yes I will be back in lloyds either at 0.1p lower than my last sell"

I've never known why, if you take a profit and sell a share @ X amount, why do most follow with the words and intentions to 'get back in' at a lower price.
I've never understood the need to 'get back in' at a lower price, take your profit and move on. It's a common mistake in my book to wait for a lower entry point.
Nobody gets it right, if you believe, for whatever reason the SP will increase then buy it regardless of your last exit price, that last trade has finished, it's gone and nothing to do with your next trade.
I think many investors make this mistake.
Just saying.

Well I'll say this, just reading back falkland you are certainly a lot faster than Rosewall in executing a trade lol.

RW, you just don't get it.

Rishi's up now, the unemployment rate was expected to reach 12% now revised down to a peak of 6%.
Now some on here would say that's bad news because it's not zero.
Not me, just look across the channel, now that's bad.
And to think those same peeps want to join them

I believe the the first three months was forecast to retract 4.5%, so the fact that it beat that when everything was closed ain't too shabby.
Thinking is from the BoE is that it expects it will be back to its pre-pandemic size by the end of this year.
Don't worry we'll drag Scotland back up behind us as they are hanging on to our coat-tails........ that's if you behave yourself RW. :-)

"Certainly the UK economy will do well 'this' Summer."

NC, you need to take some of your own advice, if you had done this before you'd be riding the upswing and maybe taking some profit now.
Instead you're still spouting the doom and gloom rhetoric that you are known for, well on the lloyds BB at least.
I note that you're not so pessimistic on other BB's why is that?

I saw in a GDP report this morning that Britain imported more goods from non-EU countries than EU countries during the first quarter for the first time since records began in 1997.
Exports to the EU are back to December levels.
Wonder if this trend will continue when Europe recovers

Correct 'L' and older investors who are seeking returns now, would probably agree.

Listed UK businesses paid circa £110 billion in dividends in 2019 but this fell to £62 billion in 2020, a fall of 44%; this compares to a decline of circa 20% globally as a result of the general financial crisis in 2008. Despite this pervasive corporate dividend-cutting and suspensions, the forecast yield for the UK stock market for the next 12 months is 2.8% to 3.1%, which is still at a healthy premium to the yield on most other global equity indices. By way of comparison, the current yield on the US S&P 500 Index is 1.61% – less than half that anticipated for the UK. In part, this is explained by US corporates adopting a different approach towards returning capital, generally favouring buybacks.

"Feeling that sub 44p will be seen again, but have no idea when."
Falkland, if this "feeling" is based on every gap gets filled, that's not necessarily the case. Regarding the timing, now admittedly with the current SP a few pennies above your "feeling" if it's going to happen it will probably be sooner than later, however we could all be dead by the next sub 44p, who knows?
Just saying.

I'm sure there will be enough questions to cover the Kallak debacle as the details or (lack of details) are well known, don't expect any answers though.

Personally I would like some more info on our intended outcome in Kosovo and in particular Vardar minerals itself.
Namely -
As we now own 48.4% of Vardar, is it the board's intention to gain overall control?
If so, with the ever increasing costs with every percentage purchased, is this achievable, as normal takeover rules do not apply or is it even affordable?

Vardar is a UK registered, not a quoted company and as such are exempt from external audits. Although they have published some sketchy results of sorts. We (BEM investors) need and are surely entitled to more transparency, especially regarding Vardar's financial position, the directors emoluments and the regularity of new allotted and bonus shares being added after the cash injections from us with each fund raising.

As of December 2019 Vardar minerals had capital reserves of £1,143,305 up from £489,796 the previous year, signed off last August 2020.
As far as I'm aware, Vardar are now well behind their own project quoted timelines, drilling has not started with only grab samples analysed, they are, so it seems, totally reliant on BEM's input.

Some may say that with the Finland and Kosovo diversification, or distractions whichever way you view it, we are now better positioned.
I view them as distractions, especially our ventures into Kosovo, somewhat off in the geography there from a "Nordic" exploration company, but I believe that's been changed now to Nordic focused.
The longer this Swedish farce continues the more I get the feeling we're on a 'hiding to nothing.'

The interwoven dealings between directors of Junior miners are notoriously difficult to monitor and have left many investors nursing their losses.
Jumping into bed with a loosely regulated company that operates in a disputed (by some) territory is never a good idea IMO.
BEM has been here before with Clive's 'dodgy' dealings and it's cost us.
Some achievable timelines accompanied by reliable financial progress reports from Vardar would be desirable. It's no good having nearly 50% of something if you have no idea of the overall worth.

I may have this all wrong but 'we are where we are' and because of this, we deserve more accountability from the company we are bankrolling and also from a certain Mr Kurt Budge. Saying that I don't expect any answers from next Thursday's presentation, It'll be more of the same, in effect wait and see.

That's my two penny's worth……. for now.

FTSE up slightly.....+14 ATM.

RW.
I hope you feel better after your ranting, delivered in typical Burney style.
Lots of waffle, very little substance regarding the subject being discussed and a hope that amongst all the hyperbole everyone will think I know what I'm talking about.
It's a standing joke here that your idol Sturgeon used to get briefed about the UK (note the UK) Covid situation and the path forward, only for her to rush out a statement claiming this is what Scotland is going to do next.
You blinkered Scots fall for it every time, even after your so called chief medical officer quit when she didn't follow, what was, effectively the UK's advice.
If it makes you feel good calling everyone who you disagree with, liar's, then obviously you have no substance to your argument.
The fact remains that you called a member here a liar without checking your facts.
Resorting to personal attacks only enhances the hopelessness of your case.
So long.

The hilarity continues, keep it going all you disgruntled voters, that's if you even bothered to vote.
Here's a gem "England drifting away from the union" and another "forced the withdrawal from the European community"
What about this one. "Nationalism will not go away"... from a Scott talking about England who seems to believe that nationalism is the preserve of the English.
Keep em coming lol.