Member Info for Tomaaa

The only real way out next week if Schultz message doesn’t calm the markets will be for the German government and the ECB to step in with a guarantee to backstop Deutsche banks losses and to guarantee that depositors will be paid in full.

Rubbish. Bond issue came about because of the terms of the swiss regulator deal for credit suisse. ECB/EU counteracted those terms that Monday morning to turn the early falls around. What happens in the EU if deutsche bank needs a bail out by the German tax payers? Do you understand how the money moves around the EU through deutsche bank hence big banks falling around the EU Friday? If Schultz doesn’t calm the markets after speaking Friday what happens, what are the risks? Still unresolved issue on one of the three US regional banks that still needs a buyer. Far from out of woods given the risks in coming weeks. Tricky few weeks ahead where there will likely be a lot more volatility up and down to come IMO

Wasn’t obvious to you when you were telling everyone 165p even when the banks were falling. Explain what the issues are and concerns in the financial sector or are you also avoiding the original question because you don’t now like richierich. Do you actually understand how stock markets works at all or are you going to continue guessing the SP on a daily basis. I’ll take boring all day long from someone who pretends to be a cat, your very strange and a bit of weirdo :) what your top share tips for next week so I can avoid loses on those too.

See you some time next week nettles and keeeeeep rampppppping ! Us traders love cats :)

You’ll probably lose less money on the Casio as if you bought any luxury watch at the peak of Jan 2022 - May 2022 on secondary market before the the bottom fell out of same said market you made a huge loss know. Difficult and nigh impossible to get at MRSP for most people before then so the grey dealers made thousands speculating (scalping) selling acquired stock to fools at silly prices. Grey dealers are sitting on so much secondary market stock from watch flippers they over payed for they’ll take huge loses on the sale of same stock sitting in their safes IMO :) don’t sell the Casio ;)

Nettles
Like richierich you’ll use “any” excuse NOT to answer the question or do you not know either. Please stop using past members or anything else you find to hide your lack of knowledge and emotional investment in this stock. YOU can answer the question on the financial/banking problem for him if you want. You were wrong again last week predicting 165p, have another go as you might guess right eventually. I’ll repeat tho IF the banks don’t recover or keep falling and don’t recover some loses you’ll be wrong yet again! Us traders love blind cat) rampers like you as your great for quick profits on the trade…£7 by 2050 eh! :)

Psk
He said he and everyone knows the issues here so it won’t take him long to tell everyone here will it? I’ll look back Monday to see wether he uses something else to avoid the question again. Getting emotionally involved in one share isn’t good don’t you think? US set it up for a possible trade Monday depending how the stock futures look that day and what happens over the weekend! See you Monday.

PSK
I’m not interested in what the passport office do as it doesn’t affect my portfolio. I will say throwing venoms bile at a group of people as he suggest won’t solve the problem and more likely make it worse. A sound constructive approach to a post makes greater sense on a public forum.

Just to be clear Richie rich has tried Ukraine, his supposed position at his supposed company and wealth along with a trade union dispute. Can you get him to tell us what’s causing concerns in the financial sector and in particular bonds and CDS as he does seem to have the slightest clue or does not know. Maybe you can tell him why RR doesn’t live in a bubble so if the financial sector falls, doesn’t stabilise or regain some loses the wider markets follows it down.

Sully
There are ways to put opinions across. Read through his post as I’m all for opinions but those opinions must be constructive and not with a venoms sense of bile. There are better ways to voice an opinion and be constructive. :)

Richie rich
What a disgraceful post to put on a public forum in reply to fairy1. You should be ashamed of those comments as not called for here.

Steve
The unknown at the moment is which financial institutions have higher exposure in this area if another bank fails. Deutsche bank are paying a high insurance premium to cover them in the event of default. Hence the drop on concerns there today. Elevated CDS (credit default swaps) at deutsche bank have raised concerns about the stability of European banks. Higher value CDS means higher risk of default. CDS was a key indicator of the financial crash in 2008. My concern is when central banks raise interest rates at this speed there is greater risk they break something. That doesn’t mean it happens BUT should be aware of risks.

Retirement
Rents are rising on profiteering landlords. Council tax rises in April along with an end to help with gas and electricity payments. Food prices don’t look like falling substantially until an ongoing war in Ukraine is resolved. Avoiding a ‘technical recession’ doesn’t mean we don’t experience a recession this year.

There’s a back log in passports and impending industrial action coming if I read right. Not looked into that tho so I stand to be corrected if wrong

Sully
Be careful, you’re being side tracked to a different subject because neither poster can answer the original question. Richie rich blagging his way out again going down a topic nobody wants to talk about in this thread. Tell them to stick to the question and start a NEW thread if they want to discuss Ukraine. Answer the original question Richie rich or do you not know the answer?

Sully
As you can see neither of these posters can answer the question. Both will go to any lengths to avoid answering the question. I very much doubt Richie rich runs any business as he/she can’t even answer a question on the basics. Easy to Bragg one’s worth when it can’t be proven, he’s obviously a keyboard warrior emotionally attached to one stock. :)

Sully
The failure of lehmans took some time after the first problems in the financial sector at that time. The US central bank tends to break things when raising rates at this speed. That not to say it will happen again BUT you can see why there’s concerns in the financial sector at the moment. Try researching why the bonds in the credit suisse deal caused market concerns and why Deutsche bank got caught up in those concerns today. ECB/EU moved quickly to shore up those concerns BUT they returned today with Deutsche bank. Central banks will always protect the bankers as failure to do so comes with great risk. If trading don’t get greedy!

Sully
It’s not profit till it’s banked. Until that time it remains an investment that rises or falls with markets expectations. A target price on markets conditions is always useful as everyone should be looking to sell at some point unless they’re looking for a dividend stock to supplement ones income! I don’t hold RR long term as it doesn’t pay dividends like those on my portfolio. It a profitable trade tho :)

Richie Rich
You now nothing about my worth nor would I go on a public forum telling people what I do for a living or make in £’s. I won’t go there!

Richie rich
I won’t Bragg my own self worth up here BUT I’ll be clear to anyone who reads these posts until you can constructively answer the question we can all assume you don’t know the answer.

I might add, Porsche sell most of their 911’s when the bankers get their bonuses so it’s yearly specific on when those cars boom. The rest of the year they’re a plodder sale. Covid caused a demand spike in the luxury sector through lack of supply of most luxury item which when passed brings that sector back down to relatively normal service.