Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Thank god i am not at Free Speech & Liberty pizza as every commie in London is marching past to celebrate "workers day". When is the day that celebrates the real stars: capitalists? After passing on news of Oakley's health I cover Daniel Stewart, the China frauds including Sorbic and Jiasen, Ascent Resources, Mosman Oil & Gas (joke), Coms, Mopowered, Horse Hill, Berkeley Minerals, Greville Janner, Begbies Traynor, UK house prices and the POS AIM Casino company that has sent me a lawyer's letter.
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Comments
Kevin Taylor
Re “Just Say No”, the cast of Grange Hill:
https://www.youtube.com/watch?v=D2nq8DzYToE
Phil
Questions (the only two) on a BA(Hons) paper on political science.
1.
Explain in your own words the concept and benefits of a communist or socialist governance system
Answer
Phil works an 18 hours day so I don’t have to work at all.
2.
Explain the concept of John Maynard Keynes economics
Answer
Throw as much of Phil’s money at the wall and hope some of it sticks. As it never does, repeat till Phil dies from overwork, Further repeat by finding another mug.
Joke
How do you know that guy over there is a socialist
Answer
He is first in the queue, they always are,
You will never find a socialist who doesn’t believe in Keynes. Keynes works in one circumstance and one only. That circumstance is never, Keynes will always cause you to run out of money.In business and in administration you can never solve a problem just with money, socialists are always prepared to use and waste your money, never their own.
Disclosure – I am not a socialist, but I am at the behest of mugs for vote for it
DUCK AND DIVE
Sorry to hear that Oakley has been under the vet – but glad to know that his wellbeing takes precedence over hedonistic jaunts. As my old mum used to say, anyone who loves cats can’t be all bad.
Now then, I’m supportive of PrimaryBid but this placing was at a 40% discount, for Pete’s sake. You can argue that a POS will find its correct level but I fancy there will have been loads of retail investors who couldn’t find enough cash to protect their voting rights, in which case these little PIs will have been raped by those with plenty of cash. Instead of the age old division between City flippers and the PIs, this will just create a division between loaded PIs and skint ones. And in that scenario, the only real benefit is PrimaryBid’s slightly lower commission rate.
Forty percent is just ludicrous, whoever is getting it.
The main reason London house prices have fallen is that the Royal Borough of Kensington and Chelsea has tightened up on planning permissions for the 30-metre deep basements which have been a licence to print money for developers of all nationalities.
Dick
Glad to hear Oakley is okay. (I’m a cat lover.) But amazed to hear so many people are prepared to vote Labour after the mess they made last time. Phil, is of course, correct, in saying why socialists love Keynes. However, they, and most people get Keynes wrong. He said, in fact, that money should be saved in good times to be used to support the economy in bad ones. Socialists think money should be spent (on them) and borrowed when there isn’t any left. Which is why socialism ruins societies and economies.
joben
Sorry to be a muppet. What is a Norfolk?
joben
Sorry to be a muppet. What is a Norfolk?
Striebs
Joben ,
I presume it is rhyming slang ; “Norfolk Broad” : “Fraud”
Phil
Dick
I acknowledge your comment on Keynes, the issue isn’t Keynes. I read some of his works a long time ago, but I didn’t study them too far. I found him a very learned, well read and well meaning man.
The problem is the people who habitually use him. Either not learned enough, well meaning enough or a combination of both. Of all things i think he would be appalled for his works to be used by a grab it all mentality.
As far as Miliband is concerned, if you can stab your own brother in the back you can stab anyone. My own view it depends if someone has woken up the English. High English turnout more likely a Tory led, otherwise the futures bright, the future Brand, heaven forbid.
The country will just carry on regardless, I think the country pretty much discounts them all now, their are so out of touch.
Woody44
I note there was no mention of Clive Carver being a non-exec of Darwin and chairman of Ascent in the related party transaction disclosure in Ascent’s RNS. finnCap, the Nomad, must know this, not lease because Clive Carver was also once a director of finnCap! I think the fact the Primary Bid’s only deal to date is with such a closely related party is a bit smelly, especially as the RNS lacked full disclosure, and a sure sign the crony capitalism is still alive and well.