Gordon Dadds Share Discussion Threads

[pmeas] 09/10/2002 22:41

Well its happening very slow procedure, but its coming foregin investments on its way slowly but surely, i personnally hope for a rate cut as it would pick my construction stocks up nicely Deutze Bank has the pound to go down against the dollar but what do they know

[bangers for bucks] 27/9/2002 23:52

pmeas
just be honest

[pmeas] 27/9/2002 23:26

Ashtongray but the pound strengthing the GDP gap becomes errelivant (apologise for the spelling)because we are importers over exporting and investment that come will raise the GDP anyway as its classed as an export,so im saying watch this space britain will be the fastest in this race collecting gold.
Cheque my quote on interest rates under post RATE,and the only place to invest will be construction where mr browns spending.CONS

[ashtongray] 27/9/2002 23:02

pmeas

Thanx your comments. I accept Gordon has covered a lot of the angles in advance, partly by introducing tax raising measures that kick in over multuple years even without any further announcements/publicity. As you say, reductions in the national debt also give him extra room. But most historically most governments (whatever party!) seem to have been taken by surprise at how fast their finances deteriorate when economic growth falters, regardless of policies. The same lack of growth that cuts the tax take from companies, individuals, VAT, etc, also at the same time increases unavoidable spending (social security in all its forms). As the Tories found, a forecast comfortable budget surplus then disappears faster than the morning mist. And thats before we start to talk about public sector pay....

[bangers for bucks] 27/9/2002 22:58

so you grow sun flowers to$$$

[pmeas] 27/9/2002 22:53

To go long in america for growth,you might as well plant ya cash in some planting compost and water it dailiy cos youll get the same return.

[bangers for bucks] 27/9/2002 22:48

pmeas
have one
cash is also king in all trades except the stock exchange

[pmeas] 27/9/2002 22:46

FB is now a short after today mommentom would have identified that for ya its now a double top $18 ens the target.

[pmeas] 27/9/2002 22:41

The answer bangers tax avoidance officer worth 5% of yer turnover not an accountant.

[pmeas] 27/9/2002 22:15

Scripop,reducing manning levels should be good for an investor espcially if unproductive a company as you know need s to be profitable weather public or private.watch for £2.00 against the $ by christmas.

[bangers for bucks] 27/9/2002 22:12

make sure u vote correcley next time u sad barstards;~ vote lib,up lib lib up tony take us tony tony take us

[pmeas] 27/9/2002 22:11

ashtongray with all due respect and a mighty fine post,Gordon has covered all corners even before they happen Take PFI, aggregate tax,the one pence on PAYE the sub contractors 18% tax,he new we were heading for a ression long before it was knocking at americas door,he has the balance so right,for what he spends he applys the tax afterwards he wont go short as for the gdp gap thats not a concern he creates jobs by spending the heavy taxes which he can now afford to spend due to the first five years paying off the conservatives loan,each year he reduces the national dept even when spending when companys fail to trade with america on fears that 10 companys in a hundred file for bankrupty where are they going to go when the dollar falls to £2.00 britain will buy up americas over excuberance and pull it into our company earnings buying up all thats gold and leaving the trash there,just like in the last cycle Japan can be bought out for two trillion at current levels and so will america by 2005 giving britain the biggest stick again. Just an opinion,but its mine.and thank you for yours higher taxes aren,t that bad when youve never seen it this good for the best part of 14 yrs.

[ashtongray] 27/9/2002 21:33

Perhaps Gordon should have a quiet chat over a beer or three with one Nigel Lawson about what happens to government fiscal surpluses when you have an unscheduled recession, especially at a time when spending is accelerating more sharply than for many years.

How long before our esteemed chancellor says something like:

"Due to unforecastable international events totally beyond our control, the expansion in the UK economy, whilst boosted by my many prudent measures introduced over the last 5 years, will be somewhat less than I previously indicated. As a consequence, and to safeguard the creation of the world beating schools&hospitals I know you all want and expect of us, it will regrettably be necessary to selectively increase government income. (You will note that I did not mention "higher", "taxes" or "income" at all, never mind in the same sentence).

These selective adjustments will be"...(crystal ball goes dim at this point)

[scripophilist] 27/9/2002 15:15

Companies are likely to pass on the pressure by reducing their manning levels, leading to a rise in unemployment of over 200,000.

Centre for Economics and Business Research

[forsaken] 23/9/2002 07:23

pmeas - if we are having increased company failures and bankruptcies because we have over-capacity, doesn't this mean we are fooling ourselves by thinking the unemployment levels are so low? Presumably the over-capacity will be resolved partly by shedding jobs, which broadly would cause problems for Gordon Brown meeting his forecasts, and might even delay us owning half of America and Europe in 2005? (Post #61 above refers)

When you say "allthough the charts are similar they are very different indeed", looking at the chart in post #7, I think I can spot what you are getting at.

Is the answer one plot represents the summary of stocks quoted in GBP, and the other represents the summary of stocks quoted in USD?

Or perhaps one line is red and the other blue? Pity it only shows details for the last few months and not the position on 17 April last. That's the problem with ADVFN - all these charts keep getting updated :-(

It would be interesting to put up a chart of the comparison of the exchange rates between the USD and the GBP in say red, and that of the GBP and the USD in a different colour, say blue, as I think that might show quite a big difference such as you forecast. One might go up when the other goes down, which would be pretty conclusive.

Any chance of you posting that chart, please, jl202? pmeas has put a lot of thought and effort into this thread and obviously thinks this week is The Week for the action he forecast last February.

It would be nice if his original prediction was right, that if the pound gets stronger against the dollar the charts would be similar but very different. If one goes up at the same time the other goes down, then at least we can say pmeas warned us!

Great thread!

cheers,
anthonyjb

[pmeas] 22/9/2002 22:32

I think this could be the week that the dow and the ftse find their own direction in life,allthough the charts are similar they are very different indeed.

[pmeas] 04/8/2002 23:00

Maxk its called over capacity.

Yank my chain.

[alchemy] 03/8/2002 22:47

38 minutes between my (single) click of a mouse.

How do they do that?
Is that the advanced in Advfn?
jl202 took me ages to work out what thee meant ...lol

[davejb] 03/8/2002 02:25

Okay, I give up - I've heard of Gordon Brown, but who in hell is Prudence?

[jl202] 02/8/2002 16:03

pmeas, can you explain how the chancellor favours sipps, while increasing tax on divis in pension funds?

[jl202] 02/8/2002 15:58

Alchemy, that's got to be the longest delayed double post in history :)