Prof103’s Activity

Sat Feb 6

NL

Boards Post

Prof103 replied to the EU Referendum - Stay or Go? board. 11:31

Re: After Brexit

Whilst the German economy is competitive, much of the rest aren't. There are more competitive non-EU based opportunities available. If the EU made itself even more uncompetitive then that would just hasten the transition.

Germany is [more]

Fri Feb 5

NL

Boards Post

Prof103 replied to the EU Referendum - Stay or Go? board. 22:07

Re: After Brexit

"it is a hard fact of life that the Common Market will continue to exert a major economic and political impact on the UK"

The EU is predominately financially sustained by Germany, UK, France, Italy. The larger majority of EU
[more]

NL

Boards Post

Prof103 replied to the EU Referendum - Stay or Go? board. 17:12

Re: After Brexit

November 2015 trade figures indicate that nigh on half of UK trade was with a handful of countries

Exports (percentage shows proportion of total UK exports)
GERMANY 17.12%
CHINA 10.51%
UNITED STATES 10.10%
NETHERLANDS
[more]

Thu Feb 4

NL

Boards Post

Prof103 replied to the Paulypilot's Pub - Share Ideas board. 21:46

Re: Stobart

Big yield , low debt .

Certainly low debt with gearing at 30%.

That big yield though comes with low dividend cover at 0.4. Basically, over the last two years this company is struggling to earn money. For, from Digital Look, [more]

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 17:28

Re: Miners on a rip today!

What happened?

I think of oil price, mining price and world economic deflation as a triple. They are strongly inter-connected.

Now you may have noticed that in recent days the oil price has been edging up from a low of about [more]

NL

Boards Post

Prof103 replied to the Paulypilot's Pub - Macro Topics board. 08:43

Re: Secular stagnation

There is nothing wrong with capitalism that a few bankrupticies won't resolve.

If you had to sum things up in one line, you could not do better than this.
I shall remember it.

Regards,

P103

Wed Feb 3

NL

Boards Post

Prof103 replied to the EU Referendum - Stay or Go? board. 23:22

Re: Big business should shut up about the risks


1. The economic arguments are finely balanced.

According to Open Europe's econometric study http://bit.ly/1FtcpD5: In the event of Britain leaving, UK GDP could be somewhat higher, or lower, in
[more]

Sun Jan 31

NL

Boards Post

Prof103 replied to the Oil & Gas - Companies board. 15:14

Re: What to buy?

I'm not usually an O&G fan, but with the carnage the last year there must be some value around, but I don't know enough to know if I'm naive or canny.

Firstly if oil prices stay at these levels, is there anything that is good
[more]

NL

Boards Post

Prof103 replied to the Investment Strategies board. 12:53

Re: Poll: EMH

It strikes me that a lot of the beliefs and strategies expressed on a lot of the investment boards on TMF have an implicit assumption that EMH (Efficient Market Hypothesis) is either right or wrong.

The assumption that EMH (Efficient [more]

Fri Jan 29

NL

Boards Post

Prof103 replied to the Paulypilot's Pub - Macro Topics board. 17:04

Re: More QE - Japanese style

This is the third market stimulus in as many weeks.

The first: the FED has gone quiet on further promised interest rate rises this year. The market now does not expect any.

The second: This week the European Central Bank has [more]

Tue Jan 26

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 16:25

Re: Day in life of Wall Street CEO

I am a great believer in survivor bias.

I am a very unskilled monkey but I am getting luckier.


You are surely too modest.

From observation of uncritical thinking and herd mentality on TMF boards over the years, I [more]

NL

Boards Post

Prof103 replied to the Investment Strategies board. 16:18

Re: .Confessions of a rentier

From Wikipedia, Economists usually follow Cagan’s description that hyperinflation occurs when the monthly inflation rate exceeds 50%.

So yes,the peak RPI rate of annual increase (Aug. 1975) of 26.9% was high but not hyperinflationary. I [more]

Thu Jan 21

NL

Boards Post

Prof103 replied to the Jokers Corner board. 17:03

Re: Scientists Credability

Big Bang Theory?

NL

Boards Post

Prof103 replied to the High Yield - HYP Practical board. 17:00

Re: Pearson dividends

These are difficult times for companies with earnings under pressure. Which means of course dividends under pressure.

Holding Pearson myself, I had a recent look at company fundamentals.

Currently, Pearson has an Operating Margin of [more]

Sun Jan 17

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 12:23

Re: Why isn't a commodity rout a good thing ??

Because the Saudi strategists know that they are still producing at roughly cash-cost (even if they have to carry on spending more to maintain social harmony). They know that every barrel produced is cashflow-negative for the others. The others [more]

Sat Jan 16

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 20:40

Re: Why isn't a commodity rout a good thing ??

"Taken together, a $10 to produce barrel of oil left in the desert could be worth a lot of money in five or ten years time. That desert is your bank."

Saudi Arabia is completely dependent on oil, stopping production would [more]

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 11:51

Re: Why isn't a commodity rout a good thing ??

Saudis are doing this to regain market share doesn't matter who they bankrupt to do it. In the past they cut their production to keep the POO stable but with the oversupply they were going to have to cut too much and it was helping their [more]

Fri Jan 15

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 12:33

Re: Why isn't a commodity rout a good thing ??

Also, just be a little careful with the notion of $30 oil! This the spot price, for delivery today. The price for year-end this year is 37, 20% higher. For YE17, it's 42; and it's 51.50 for 5 years time. These are NOT market forecasts of a price [more]

Thu Jan 14

NL

Boards Post

Prof103 replied to the Oil & Gas - Markets & Trends board. 18:14

Re: $500 per barrel


A leading academic has warned a full scale war between Middle Eastern rivals Iran and Saudi Arabia could send oil prices as high as $500 per barrel...


The use of language is very important.

As stated, this sentence is [more]

Tue Jan 12

NL

Boards Post

Prof103 replied to the Bert's Investor Sanctuary board. 15:59

Re: Why isn't a commodity rout a good thing ??


So there's been a lot of commentary in the meedja and from analysts about the current stock market rout. In a lot of these notes and articles there is a often a reference to commodities pricing and oil in particular. Yesterday RBS had a
[more]

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Boards Stats & Trivia

Big red star, 1000 posts
Board Posts 1286
Recs Received 2300
People who have rec'd these posts 687
Recs to Posts Ratio (last 30 days) 3.30
Threads Started 54
Threads Started Percentage 4.20 %
Most Frequent Board High Yield - Share Strategies
Very First Post Boost Your Pension in a Day (18/04/2006)
Percentage of Posts Rec'd 59.18 %
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