Credit deflation and the reflation cycle to come (part 3)

[BadAlchemy]

In other news, I just noticed that GOG appears to be tradable again as they released their full year results (finally!) on Thursday last week...

https://www.sharecast.com/news/news-and-announcements/go-ahead-records-strong-performance-in-long-delayed-results--9281573.html

"(Sharecast News) - Go-Ahead Group reported a "strong" financial performance in its bus and Govia Thameslink Railway (GTR) operations in its much-delayed full-year results on Thursday, offset by challenges in its international rail division and its former Southeastern rail franchise.
It recorded an adjusted operating profit of £115.5m for the 12 months ended 3 July 2021, up from a restated £76.4m for 2020, as its statutory loss before tax narrowed to £6.9m from a restated £39.5m."

[nirvana]

BREAKING: Russian Central Banks jacks interest rates to a record 20% !!!

 

how about retiring to Russia? 

Soz @ThoughtCriminalalready posted, I'll STFU for the rest of the week, have a nice Russian lady instead 

 

[geordie_lurch]

35 minutes ago, nirvana said:

BREAKING: Russian Central Banks jacks interest rates to a record 20% !!!

 

how about retiring to Russia? 

Soz @ThoughtCriminalalready posted, I'll STFU for the rest of the week, have a nice Russian lady instead 

 

I reckon she would drain your assets quicker than a USA / UK sanction

[MrXxxx]

Not sure if anyone has posted this yet:

https://www.reuters.com/markets/asia/bps-bruising-russian-exit-almost-worth-pain-2022-02-28/

[Boon]

Will the Russian interest rate rise have much effect?

Suspect there may be more rate hikes needed.

[geordie_lurch]

According to hl.co.uk Shell is going up BP hasn't moved

EDIT: WTAF

[Lightscribe]

3 minutes ago, geordie_lurch said:

According to hl.co.uk Shell is going up BP hasn't moved

EDIT: WTAF

HL doesn’t display any changes for the first 15mins

[Boon]

Maybe around 350p opening. 

[geordie_lurch]

10 minutes ago, Lightscribe said:

HL doesn’t display any changes for the first 15mins

350 seems to have held and most I saw was around -7% so don't think my stop losses (profits) triggered. I'm pleasantly surprised

EDIT One of them should have definitely been triggered but yet again HL's tech doesn't actually work when there's high activity so yet again as the little people in the event of trying to get out the door quickly we will be trampled by the big boys 

[DurhamBorn]

I said 9% was the value if shares were worth zero,maybe they will get a few rubles 

[Lightscribe]

My stop loss triggered on POLY, it’s a bloodbath.

[DoINeedOne]

Bought POLY 5.4 with mini ladder next buy 5 

Im happy to take the risk and hold for years its won't even be no more than 5% of my funds

 

 

[Lightscribe]

6 minutes ago, DoINeedOne said:

Bought POLY 5.4 with mini ladder next buy 5 

Whole ball games changed for me now. Staying clear, I took a tiny bit of a hit, but nothing earth shattering. Think we’ll have faaaaar more things to worry about going forwards.

FRES was my main safety play, taking up the slack.

[belfastchild]

5 minutes ago, Lightscribe said:

My stop loss triggered on POLY, it’s a bloodbath.

I didnt bother, will let it ride.
Any loss has already been covered by BAE, fuck sake, look at that go, you would think theres a war on or something.

[Bobthebuilder]

HL currently showing BP at 435.20 on my account FFS.....

Time for a coffee and a ciggie.

[Pip321]

10 minutes ago, Lightscribe said:

My stop loss triggered on POLY, it’s a bloodbath.

The trading platforms didn't like any transactions going through. If you don't mind me asking what did it kick in at? ie what price were you able to get out.

[CannonFodder]

Sold half BP, it was 10% of portfolio, now 5%, got 362. 

Keeping gaz and poly for now, think germany wants gas and poly is already hit even though it is a cryus hq company listed in jersey with russian mines. I think it might be blurred enough to lessen risk.

Had bought first ladder in jrs on friday which is also very heavily hit but a small holding. Sold at 25% loss as I feel it quite risky with Jpm and usa involved.

[Lightscribe]

1 minute ago, Pip321 said:

The trading platforms didn't like any transactions going through. If you don't mind me asking what did it kick in at? ie what price were you able to get out.

Around about the 600 mark - (it was around 620 I bought my main ladder anyway) so not a huge deal for me, after taking some out on the Friday jump.

[Don Coglione]

18 minutes ago, Lightscribe said:

My stop loss triggered on POLY, it’s a bloodbath.

Pray for @Hunty.

[Calcutta]

11 minutes ago, Lightscribe said:

Whole ball games changed for me now. Staying clear, I took a tiny bit of a hit, but nothing earth shattering. Think we’ll have faaaaar more things to worry about going forwards.

FRES was my main safety play, taking up the slack.

It wasn't long ago that FRES was the gamble. Now it's paying the bills for me. Muchos gracias! 

[DoINeedOne]

10 hours ago, Errol said:

Please note:

 

 

This is a reminder seeing people waiting for ATM's as well reminds us to have access to assets cash, physical outside of the system

 

Sometimes we can get lazy and like convenience 

 

Just now, Don Coglione said:

Pray for @Hunty.

Yup as @sancho panza said complete respect to @Hunty for posting that most wouldn't 

[Green Devil]

1 hour ago, nirvana said:

BREAKING: Russian Central Banks jacks interest rates to a record 20% !!!

 

how about retiring to Russia? 

Soz @ThoughtCriminalalready posted, I'll STFU for the rest of the week, have a nice Russian lady instead 

 

Have you seen the GBP- RUB exchange rate, FFS, you might be able to afford her

[Lightscribe]

2 minutes ago, Calcutta said:

It wasn't long ago that FRES was the gamble. Now it's paying the bills for me. Muchos gracias! 

 

You got to know when to hold them, when to fold them, when to walk away and when to run.

[belfastchild]

3 minutes ago, Lightscribe said:

 

You got to know when to hold them, when to fold them, when to walk away and when to run.

A small glimpse into the meme stock holders world!

[M S E Refugee]

8 minutes ago, DoINeedOne said:

This is a reminder seeing people waiting for ATM's as well reminds us to have access to assets cash, physical outside of the system

It's a very good idea, I'm going to keep some cash handy just in case.