Happy to buy in t/o territory - sub 100p.spud |
Yield now 10.69% - It never seems to fall as low as 11% so I guess this is around about the floor - unless you think 11% will be broken..... |
Who is buying at this level? Anyone? |
Yep, asset managers seem to be showing initial signs of recovery: ABDN, LIO, IPX, POLR ... |
Are these finally turning around based on the Q3 update? Looking around to invest some remaining ISa money and these are one of the stocks on my list |
Well can t fault him for his timing seeing as I bought my last lot at 140 a week or so ago.
Have been hanging back due to my widely opinioned doubts about the markets and the mental acuity of our esteemed leaders .
Will hope this is a turning point and in line with the value given to Direct Line this could be taken out at 240 which is my target based on that event.
Good deal for direct line shareholders not so much for Aviva in my humble opinion
Time will tell
Have a great Xmas everybody |
Only just seen the CEO purchase Rns'd yesterday - impressive purchase.
357,635 @ 139.10p per share |
Well the shares will be cheaper soon. Growth shattered - well done Rachel! Suet |
Previously it was no doubt ours. Probably his Golden Hello. |
His own £500k |
Own money or freebie shares? |
Indeed...
Jason Windsor takes a chunky slab of shares, buying 357,635 at 139.1p
Reasonable show of commitment |
Director buy yesterday. |
Trying to think of a positive spin to place on the sh1t show........
"...inefficient companies will fold, making those left standing more profitable."
I felt it perhaps best to post the sentiment on the ABDN share thread as this company may not be around in a years time if a predator believes Interactive Investor is worth more than the sum of Abrdn. |
Yup, it's a Rachael sh1t show that's for sure, but not wholly unexpected.....
spud |
First effects of the budget starting to be felt months before it kicks in .
Shoe Zone a previously successful business, shares down 42% this morning on their trading statement plus info about the effect the budget is going to have. No dividend and newly loss making shops to close...
Expect far more of the same.
Every business that was barely profitable before is going to be shedding jobs to survive or go under. |
Suet, Fenners.
Your pessimism isnt anywhere near close to mine..
We are living through the 70s again imo - with bankruptcy and cap in hand to IMF beckoning.
Debt doom loop fast approaches .... |
Some other extraordinary costs coming through. This from a paper from the previous government on the disability system: Over the coming 5 years, PIP spending is expected to grow by 63% (£21.6bn to £35.3bn, 23/24 to 28/29).[footnote 1] There are now over 33,000 new awards for PIP per month compared to 17,000 before the pandemic.
Linked are the very worrying levels of illness in young people under 35. Concerning for our country's future:
There have been murmurs from Labour about addressing these costs but would be very unpopular -especially coming on top of removing pensioner winter fuel allowances |
fenners66 - I’m afraid my pessimism matches yours. Bloody shambles. Suet |
suetballs - your mention of an emergency tax raiding budget in the spring.
Was obvious from the couple of days when they announced they had caved in to junior doctors as they could not risk another strike , i.e. we will give in to the threat of strikes from our friends and backers the unions.
Then announcing the new labour laws policy making it far easier for unions to strike !
Don't tell me they are too stupid to add both policies together... (or maybe they are! ) but from that moment it was clear public sector pay will boom and the country will bust.
Autumn budget for growth was - for growth in Unemployment and profligate public spending. By the time it kicks in we will be in recession - which they started by talking the country into it.
Then very likely to need to squeeze the pips even harder. With 5 years of this there is serious danger there will be nothing left. |
And now there is talk of an emergency tax raising budget in the spring. FFS. Suet |
Hardly surprising ever since Rachel shook the money tree with such ineptitude and broke the trunk.spud |
Looks like no Santa Rally this year |
Hence "XYZ is a credit broker not a lender " at the end of all the car finance radio and television adverts
I agree the car salesman's non-disclosure is the issue and they should pay - not trying to break the banks again . |