Member Info for Theosus

Bronco
Petrol and diesel are effectively double taxed by the Govt at the pumps.
The VAT on the surge in prices is giving the Treasury an estimated circa £2bn extra a year.
What do they do for it?

elsgly
Depends if you take an holistic view to investing or not... I do..
Those that don't in my view are missing a trick..
Everything should be of interest to an investor...
Oil was a no brainer... But there are other sectors where supply shocks are looming..

LTI
Oh yes they do...
"IMF Warns of Worst Economic Conditions Since World War II"....

88
A bit of music for you to relax to....
https://www.youtube.com/watch?v=saEpkcVi1d4

88
I did say a while ago I was reducing my exposure.
The food crisis warning was from the head of the UN. He is someone who should have an idea as to what lies ahead.
Quite a few people who you should take notice of are predicting some really tough times ahead....
We have been here several times before in our worlds history and you know what they say about history..

LTI
You've no idea what is coming down the track.
"David Beasley, head of the UN’s World Food Programme, said the world was facing “the worst humanitarian crisis since World War Two”, with tragic shortages already engulfing countries including Ethiopia and Afghanistan even before Russia invaded its neighbour with catastrophic consequences for grain exports.
Speaking at an event in Davos, he said: “Because of this crisis we are taking food from the hungry to give to the starving.
“What do you think is going to happen when you take a nation that normally grows enough food to feed 400m people and you sideline that? You add fuel costs, food costs, shipping costs - it is devastating not just to our operations but global food security.”

snige.
Or Venezuela who have the biggest known reserves or even Iran.

LTI
You will find out the cost of the scam in due course..
Govts in overdrive in trying to sort out food supply.. If they don't we will see huge cross continental migration..
I hope you've stocked up on your supply of packet mash potato...

Gaz
Worth a read The Raven of Zurich: The Memoirs of Felix Somary first printed in 1986 but still relevant...
https://archive.org/details/theravenofzurich/page/n11/mode/2up
pg 136 talks about inflation
Uk M1
https://fred.stlouisfed.org/series/MANMM101GBM189S

hardup
"claiming the Tories are responsible for soaring inflation"...
They are.... M1 money supply...... As is every other Govt complicit in the QE scam

boyo
Maybe your next 20% special dividend?

skier1
Maybe in your world but in mine I can see an economy about to go belly up...
Food shortages within 6 months.

TFE
"allegiance to LBG"..
I believe what you are describing is known as anchoring bias.
https://money.usnews.com/investing/term/anchoring-bias#:~:text=Anchoring%20bias%20is%20a%20form%20of%20cognitive%20bias,to%20overlook%20opposing%20views%20or%20trust%20incorrect%20information.
Cash.... Well you know my view.. These markets are very volatile.

Falky
Egypt.. yep. Tunisia, Lebanon....
70 on the list..
https://www.youtube.com/watch?v=CdrLp0lKjHc

Looks like Sri Lanka will be next to default but who follows them?

Livestock
If you don't mind I'll add a bit to that by reposting my Jan 2022 post:

In 2018 LLoyds invested £11m in a partnership with UK fintech Thought machine as part of their overall £3bn budget and a 5 year plan so should be well advanced now. All part of Googles Cloud.
I noted also that JP Morgan Chase are also going to use a similar "cloud-native" core banking tech also by Thought Machine.
Known as Vault.
ING went live with the system in Feb
https://ibsintelligence.com/ibsi-news/ing-bank-slaski-selects-thought-machine-and-goes-live-with-vault-to-enhance-customer-experience/
In exchange for the £11m Lloyds took a 10% stake in the fintech.
This I believe was a very good move on Lloyds part.
Thought machine are a sizeable operation and have technologies which are attracting a lot of big players..
https://thoughtmachine.net/meet-our-team"..
Working with Fintechs..
https://www.lloydsbankinggroup.com/who-we-are/working-with-suppliers/collaborating-with-fintechs.html
How much are Lloyds investing ?
https://techhq.com/2020/02/how-lloyds-banking-group-is-really-doing-with-tech-adoption/

88
Have a read of the insolvency specialist Begbies red flag report
https://www.lse.co.uk/rns/BEG/latest-red-flag-alert-report-for-q1-2022-uadajq6plea5wyc.html
"Concerns as the number of companies in critical financial distress increased to 1,891 in the first quarter of 2022, almost a fifth higher than the same period last year
The 19% year-on-year increase has been driven by a 51% jump in the construction sector and a 42% rise among bars and restaurants
County Court Judgements - a warning sign of future insolvencies - up 157% to 22,552 in the quarter compared with a year ago; with March having seen the highest number in a single month for five years"...... Contd

FatSam
That's as maybe.
But there is clear disconnect between the SP of a company and its business performance. Other factors are at play here including the worsening economic outlook.
To make money in these markets timing will be the key as well as well as looking for stocks which have been oversold or have growth potential.
Groupthink may lead you to believe otherwise.

My own view is that the buyback is being carried out in a very narrow trading range so as not to move the SP too far.
This is the last one ... 45 pages of trades..
highest price paid 44.09p lowest 43.37p

https://www.rns-pdf.londonstockexchange.com/rns/5158L_1-2022-5-13.pdf

LTI
You have a view. I have a view.. The Govt can change the methodology but the wiser can see through the newspeak..
The next thing to consider is just how many more pieces can be safely removed from our Jenga tower economy?