Member Info for torquay

Which means that although I am tempted - I won't be putting anymore in....
There was a time being Irish and a national bank meant something - now with our politicians I'm not so sure.

Good luck all - should be back on the links soon, so at least I have something to look forward too besides tramping around in the Mournes, because the Colleen loves walking.
Good luck all..

Northern Ireland is nearly as bad as the UK - 35% more deaths averaged over the two populations - N.I 1,882 versus the Republic 1,265 as at last weekend.
Good luck all..

"WHERE WAS BORIS" - I am almost reliably informed that Boris went missing for those days - because he was too embarrassed to appear wearing a "shiner" given to him by his paramour.
She must give as good as she gets....

Interesting call today from some bloke with a London number who told me that he was with some crowd called Lion Investments and did I want to invest 10K min. in Thames Water or the National Grid. He was offering a bond which could be one two or three years or left until maturity in 2026.
Have never heard of these people and I find cold calls cheeky, because my/our details must have been gleaned from somewhere or maybe it was a shot in the dark!!!
Made me think though - having been burned with this share why would I take a shot in the dark based on nothing more than a cold call. I asked for more details and got an Email almost by return but have already decided that I am going to invest in a new motor when we are next free to do so and buy another 1,000 of these blighters so as to lower my average.
With businesses turning into basket cases and a lot of money having just been burned it is not surprising that there are people looking for money, any money, as they scramble to emerge from this shambles. "Throwing good money after bad" is the expression that comes to mind but also being on the lookout for scams.
I can see no compelling reason for getting involved with The City at this time and I have not forgiven them for 2008 yet.
Good luck all

When I said that I could foresee change on the horizon, it was because of the general malaise which had set in with regard to the UK economy as Brexit approached.
This was on top of the unrest apparent in the retail and property sector where the large chains - (those that are left) - were looking to reduce the cost of their presence in all those lovely shopping centres that no decent sized town could afford to be without - when they were building them !!
An economy which is driven by debt is always vulnerable to a downturn, the UK economy will not be restored quickly when the means of reviving it is apparently more debt.
I know that a bankers juices will always flow at the prospect of a large accumulation of debt, because they believe that if you can generate a large loan book a steady income stream results - "Get em into debt and live off the interest" is a very old maxim mostly attributed to the money lenders of old but with several modern day parallels.
This pandemic however is a whole new ball game which in addition to the damage that it will do to the productive elements of the economy, it will provide ample cover for employers to reduce their headcount which will impact the economy.
Services both financial and insurance based will be among the first casualties, followed by the retail sector - quite where it will end is anybody's guess, which makes me very glad to have ended my direct participation in the economy when I did, because I would probably not have survived the effects of the virus on the business that I ran because of the after effects on the hotels next season.
Now I'm getting depressed - perhaps if I considered Irelands future over the next ten years it would cheer me up - because I have much more faith in the youngsters here and ability to rise to a challenge.
Good luck all......

When you are on that ladies salary why bother - if she is fired she'll be given a parachute - the same lady probably buys one lottery ticket, but only every two weeks in case she is throwing money away.
I used to have an accountant with the same disposition - but not for long.
Good luck all better days are coming..

Wexford - many thanks for the mention and hope that you are at least enjoying this beautiful weather which is making our isolation/cocooning at least tolerable.
As far as my swing is concerned the only thing that I am swinging at the moment is my paint brush up the ladder or my grass rake in the garden - thank god that we have a decent sized one because I would have gone mad in an apartment.
At least the news is improving but as of tonight we have three more weeks in lockdown as they call it.
When this is over we are asked to head south which might even include Courtown or your other beautiful course nearby - can't remember the name but was very impressed when we were looking for property around Gorey before we moved up here.
Now, that's enough of my memoirs, we'll have Radar yawning.....
keep well everyone...

I don't think that this has much more sinking in it - we are now at less than the lowest point reached in the crash. I topped up the last time at a low figure to lower my average and then got shafted with the new issue.
There are no compelling reasons to top up now with so much uncertainty on the horizon and many reasons to hang on to my cash until we get a better forecast.

Good luck all...

So glad that we have you on board - next we'll see an Albatros.

Cash is King - Quite true and will be for a while - that's all a tradesman will take up here, their very sniffy about cheques or a direct transfer into their account.

I just wonder without considering our lost income from this share OR BEING SHAFTED, how much real money has been devalued over the last ten to twelve years.

The news today was of a 35% drop in economic activity in the immediate aftermath of the Corona with a consequent impact on employment which will hit everything.

Don't know about squeaky bum time - more like tin hats and sandbags - CAPPING IT ALL IS THE FACT THAT OUR COURSE IS CLOSED>>>>>

Good luck all and stay well - Please..... Poor Radar can't even jog off in his camper van without risking arrest.....

With all the restrictions it will be different - a bit like pre-independence - we can still open a good bottle of something and remember happier times.

Good luck and keep well...

Wise words Mr.Mac - I smuggly bought in @ .06 after the R.I. achieving a good reduction in my average. I sat back happy in the knowledge that my next Vor Sprung was not very far away and that my good judgement would make BOI pay for it. Happy Days.....
I never expected that we would be so comprehensively shafted by an Irish bank in which I was also a depositor. When the shares were pitched and issued to us @ 7.40 with the advice that we should sell them, I should have done it, as we all should.
It is small wonder that Leo wants to go into opposition - the job of clearing up the mess that this disease is causing will require ALL TD's "to stand to." The damage to the economy and the employment that it supports should not be under estimated. The recovery will require very deft handling and will need the control of the instinctive tendency of the banks to perform the last rites, just because businesses are in trouble.
Defending an established position is much to be preferred to the risks involved in creating a new venture.
With the lessons learned in "the crash" recovery may come a little quicker than the last time - provided that our politicians work at it and seek widely for advice from the academic community - and are wise enough to act correctly where the advice is sound.
This is when we need a Garrett Fitzgerald, unfortunately there aren't any men like him anymore.
Mustn't get on that tack or someone will say that I am ranting - again....

Good luck all and keep well.

That proves it - This site has got gremlins.......

And there she blows!!!

Stranger things have happened, but I don't think that nationalisation will be one of them - but then again "an expert said that this share was worth 7.40 when it was consolidated.

Good luck all - noted the lack of posts today which was probably due to a virus on the site - because when I tried this afternoon I could not get on.

That's my boy Radar - you have to look for the positives - and there you are....

Pumphandle also provides a perfect example of our new economy - a virtuous circle driven by debt, where it seems only the people who LEND the money actually profit from the transaction.

Yes indeed, "change is coming," as I forecast some weeks ago in an earlier post.

Yesterday's news about Debenhams is no surprise at all, they've been drowning for years under their very own mountain of debt, thanks to the asset strippers who sold out the freehold for their own profit.

If only we could create jobs that are socially useful as fast as we can destroy them....

Where were you Hotdog when the world crashed ? - once the virus has gone - I think we can find something for you, because this time we will need someone who knows what he is doing.
"Cometh The Hour - Cometh the man"
Keep well my boy - because I am going to propose you and Radar for good jobs so that we might get a sniff of a dividend.

Good luck all.....

Well done Radar - must read that again and again.......

Now there is a joke - Market Cap 1.7 - God be with the days when Wilbur baled out 12.2 BLn. We were at 40cents then....
Says it all really

Good luck from the Cuckoon in Newcastle.