Member Info for Uncle_Doug

Raising BoE rates has a minimal effect these days and there's a big time lag. Most older and richer people have paid off their mortgage so no pain for them at all. The young ones would love a mortgage but they have to rent - some pain down the line as rents will be increased, but wages in private sector have gone up to cushion this. The squeezed middle in their 30s to 50s with families are the ones (as usual) taking the biggest hit for the whole country. However even this hit is disproportional as it only kicks in when they come off their fixed mortgages which most have these days. So ... inflation will take a long while to come down as only a small section of the population are seeing their disposable income getting hit right now. Anyway it's all heading for a recession so then we'll get back to low inflation but instead have other worries - devalued £, unemployment, riots, repossessions , etc.

Sometimes markets are just plain crazy. Seems at this SP they are pricing in a definite recession.

Look, the trading update was positive. Can we just leave it at that?

Bargain. Way oversold - target price 370p.

It's only of relevance to preference share holders. They can take the money and bank it or put it into other bonds or preference shares. Basically makes BIRG less illiquid but shouldn't materially affect SP in any way.

Naughty. Looks like tomorrow's results have maybe been leaked. SKG also down 7% in few days.

Alternatively it's cheap for a reason. My local research has shown evidence of MARS pubs largely empty on a bright sunny Saturday and half the beer pumps not working. The few customers there would hardly pay for the Sky subscription let alone staff and building costs.

DayTroll: "enjoyed the last one so much i was absent from here for around 10 days"

Do us all a favour and be absent for another 10 days DayTroll.

Bought some of these today. Good divvies. Fingers crossed.

Good to see BOO up ~3% today when nearly all markets are down.

BTW scb good detective work digging out those old posts from DayTroll. Made me laugh a lot.

Well that tranche is back in profit now and I'd be a lot worse off if I'd listened to you and taken your advice to SELL at 152p DayTroll. BTW , FYI - MER just had its 15th consecutive 'up' trading day. Rejoice !!!

Keep digging that hole DayTroll, it's funny.

Have to do better DayTroll

"thanks to inflation, your cash now also buys you far far less than it once did"

Well that is just dumb as inflation applies to everyone - you included.

Luckily for me the 84% rise here in MER since your 152p SELL rec has cushioned the blow.

Keep digging that hole though DayTroll, it's funny.

Unexpected Trading Update Today (see RNS):

"Mears (LSE: MER), the leading provider of services to the Housing sector in the UK, is pleased to report that the Group has experienced strong trading in the first five months of its financial year, with continued elevated revenues, improving operating margins and excellent cash performance. As a result of this continued strong momentum, the Board expects full year profits to be materially ahead of current market expectations."

Amazing how terribly wrong you called it DayTroll ! Sell at 152p wasn't it? Oh dear.

Same industry. Fullers (FSTA.L) update out today. Fullers SP up 5%, JDW SP down 4%.

As I said and markets have since proved right, FSTA was massively oversold in November.

Excellent results today in RNS. One to watch. Maybe time to sell off some of the less profitable properties. Should be possible for SP to get to 700.

Posted by Fullers I'm afraid.

ITV get to air their dirty laundry in public as Carolyn McCall gets grilled by House of Commons. ITV bosses will be under the spotlight today when they face questions from MPs in a DCMS committee session. Expect some awkward questions. Will the SP fall as media pounce on any negativity or toxicity.

"At least the EU workers paid taxes - bring them back."

Mate runs a recruitment agency - says for key workers where we have many vacancies that just aren't being filled by UK citizens (education, health, farming) . He says they're quite successful at importing workers from Caribbean and Africa as European workers now can't or won't come. Farage must be loving it.

I still owe about a grand on my mortgage of a house worth £940,000. I think I can easily handle the £30 monthly repayments so I hope the bank doesn't come calling and kick me out. Daytrade - what do you think?

I don't get why you keep lying and digging that hole. Right little keyboard warrior aren't you?

I paid £2.74 not £2.78 Daytroll. Plus it's 4 years not 5. Remember I uploaded a pic of that trade so you should really try and keep up. Oh and don't forget the divvies which actually means I'm in profit on that trade. Your hole is huge now.