Member Info for TheFarEnd

It's so predictable. 🥱

Christine Lagarde ECB president and our very own Andrew Bailey, two well respected pillars of the banking world.

First up Largarde, former IMF MD who was found guilty of negligence in the BernieTapie fiasco but didn't receive imprisonment or even a fine.

Then comes Bailey, former CEO of the FCA and another fiasco with his handling of the British steel pension fund. Which suffered significant financial losses because of the FCA actions at that time. Or rather no actions at that time.

And that's how you negotiate the ladder of success with friends in the right places.

They are both still dishing out their expertise for us all the learn from.

P.s. I don't care who has got their divi or who has not, I just look after my own.

Lucky punters.

Lot of happy bunnies out there last week. Let's hope it continues. I'm talking LBG investors not disgruntled wanna be political commentators.

Set a stop loss or decide yourself.

If, as many have indicated on this forum, you make the decision never to sell at a loss it's easy, it only requires more thought if or when you reach your profit point.

You're only lucky if you sell near or at the top. How come there are a lot of lucky punters on these BB's? 😋

simon as in simple, ****** or whatever your name is this week.

“record high inflation does not make high economic growth”

if you think you have been living under record high inflation you must be a bit wet behind the ears and never lived under a labour government.

“GE November 2024.”

Perhaps not s123.

The legal deadline for polling day after this parliament is Tuesday 28 January 2025.

If I was Sunak I'd wait until then, by that time the labourites will be spitting feathers especially with the economy on such a high.

The eurozone economy is growing half as fast as the UK as Britain bounced back stronger from recession.

GDP across the eurozone grew by 0.3pc in the first quarter of the year, according to figures from Eurostat.

It means that while its recession is over, growth is still half the 0.6pc recorded in the UK during the same period, a rate described as “gangbusters” by officials.

The robust UK economic conditions, certainly leading this part of the world, say no more.

Proactive Investors - Lower wholesale gas prices have taken a toll on the share price of British Gas owner Centrica (LON:CNA), but Barclays (LON:BARC) is predicting a revival even if it has cut its target.

Centrica has been one of the SX6P's [utility sector] poorer performers year-to-date notes the bank but a gas price recovery, EPS resilience, clarity on investments and buyback extension all point to that changing, says the bank.

"We see the potential for a share price recovery based on the following four themes: Gas prices are back to the levels at the start of the year, a modest current ex-cash earnings rating of 4.3 times and the prospect of a further buyback extension".

Earnings forecasts for 2024 and 2024 have been lowered along with the share price target to 190p (205p), but Barclays adds that represents 40% upside potential on the current market price.

'Overweight' is the investment rating.

Shares rose 3.3% to 144p.

This must be good for 170p plus again, minimum.

Just looking for, in your words "total transparency here"

You need to practice what you preach STP.

A total bluffer.🥱

Yeah. like, how many is a few miners?

There must be a lot of happy punters out there of late. Walking around with a grin thinking they've cracked this investment lark.

Just saying.

STP

“when you realise that I have a much wider portfolio of shares than you hold.”

You have no idea how many investments, sectors and companies I hold. But when you post here that you “have a few miners” it just smacks of 🐂💩.

So when your reply didn't, or more likely couldn't expand on “a few” that too smacks of 🐂💩.

You could have said… I prefer not to say, but instead boasted about “a much wider portfolio of shares,” we can all smell more 🐂💩.

I'm sure some contributors on this BB are genuine and therefore believable but nobody will believe you no matter what you post.

I should add, no chance with a labour government in fact 1% is more likely.

Proactive Investors - Britain should stop taxing people for trading shares if it wants to help reignite its stock market, the chief executive of Sky Bet owner Flutter Entertainment PLC (LON:FLTRF) said.

Peter Jackson, the CEO of Flutter, argued the removal of the 0.5% stamp duty tethered on when buying shares could help the LSE grow, having recently faced an exodus of companies either being taken private or moving countries.

Flutter itself is one of the departing companies, with its shareholders having voted to move its primary listing to the US, citing the success of its Stateside sportsbook FanDuel and improved valuations as the reasons.

“There’s a simple change which the Government could make which will be to abolish stamp duty on share trading, which I think would have a big impact on the volume of shares that are traded,” Jackson argued.

Countries like Germany, Australia and the US don’t charge investors stamp duty to buy stocks and both Spain and France only charge fees for companies worth more than €1 billion.

STP.

“I do have a few miners”

A few? How many is a few?

Must be too many to count. Quite the prolific investor, I wonder why you keep changing you handle on this site.

“however there's a possibility the ECB may cut 6th June”

88

On may the 8th ECB’s Dr Joachim Nagel wrote about reducing interest rates while inflation is still a threat, adding we should not allow this risk to materialise.

Then on May the 9th we have Pierre Wunsch (ECB) saying it's possible to reduce rates even with some uncertainty about the inflation trajectory.

14rh May we have ECB insider David Warwick saying even a very poor inflation reading this month would not necessary derail a rate cut.

They all just like to jump on the banner making headlines. It's the same every time the rate adjustment date approaches.

It's not that it's a matter of life and death, but they all seem to treat it like it is.

https://www.econostream-media.com/

Another day, another example of the UK thriving outside of the EU. Real wages have grown at a faster pace in the last year than they have in the last 16 years.

Despite moans from the Labour party of the Tories “crashing the economy“, workers’ wallets have actually grown by about 2% in the year to February, after adjusting for inflation.

More good news that Remoaners and the left won’t like to hear.

STP. How are you expected to know what's happening in the UK? You need to judge for yourself, you won't learn too much reading the expat times and the online guardian.

Simones, just to enlighten you about something you can't and never will understand.

If you've been posting on here periodically since 2010 chances are you'll amass a substantial amount of posts against your name. In my case that's 6,751.

I say something you can't and never will understand because if you keep changing your username here you'll start with zero posts again.

And now replying to your drivel I now have 6,752 posts. You see how easy it is when things are explained to you…… D'OH.

I say have a nice day because it's nice to be nice, again something you can't understand.

“Puzzled that we are still in it and paying our subs, as we were going to leave anything European.”

Who's the ‘we’ in that last sentence STP? Why do you continually speak for us?

Us, meaning the UK population that actually resides here, unlike you, posting continuously, mostly drivel from some distant EU province.

Are you bored over there? What does your wife/partner say to you about spending time on this BB?

Or back to my first point, are you bored and on your own?

I think the latter. You make a good pair, you and Simones especially with your multiple usernames.

Have a nice day.

Usual response from Rachel Reeve's.

“After 14 years of economic chaos, working people are still worse off,”

Does she not remember the absolute chaos the last labour government left us in, the worst financial crisis in UK history.

Took years to get back to normality. Then thankfully we ditched the Lib Dems and had Brexit.

Did anyone notice this very slight downturn, just a blip which made a lot of noise for the media and opposition.

Tzap.

Abbott lost the whip over a year ago pending an investigation about a 126 word document that she posted.

Dynamic labour, how long does an internal investigation take about a comment made by one of their MP’s.

Another labour thicko being suppressed from speaking her usual garbage.

And she was going to be labour's foreign secretary. I despair.