ScrumpyJack’s Activity

Fri Jul 3

NL

Boards Post

ScrumpyJack replied to the Bert's Investor Sanctuary board. 16:59

Re: EuroJingoists Rampant

Somewhere between 30 and 40 percent of the activity in the Greek economy that might be subject to the income tax goes officially unrecorded

Another effect of this is that Greece's contributions to the EU will be proportionately [more]

Wed Jul 1

NL

Boards Post

ScrumpyJack replied to the Bert's Investor Sanctuary board. 16:39

Re: Dinga Dinga Ding

Germany has been the greatest beneficiary of the Euro, their economy has boomed, they have made a fortune and that money has come from the rest of the EU buying their stuff and borrowing their money.

But when they don't pay it back, [more]

NL

Boards Post

ScrumpyJack replied to the Bert's Investor Sanctuary board. 09:07

Re: Dinga Dinga Ding

But so far it hasn't happened and the point at which Greece would go back to the Dracma is fast approaching. If this happens the EEC takes a major wound & Germany gets paid what ever the Greeks feel like giving in Dracma.

Makes no
[more]

Mon Jun 29

NL

Boards Post

ScrumpyJack replied to the Economic Markets & Trends board. 19:15

Re: It's not just Greece that's drowning in debt

The United Kingdom’s debt currently accounts for 89.4% of its GDP, ninth highest in the EU

Hmm!. Bank of England, due to QE, hold around a third of the UK's issued gilts, on which they return all the interest payments made by the treasury
[more]

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Macro Topics board. 19:10

Re: Grexit

ScrumpyJack,
I suspect that what will happen is that the Greek people will vote for accepting the creditors measures. Most of them want to stay in the euro .....They will vote for sanity (if there is such a thing in the
[more]

Sun Jun 28

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Macro Topics board. 16:47

Re: Grexit

I suspect that what will happen is that the Greek people will vote for accepting the creditors measures. Most of them want to stay in the euro and hopefully enough of them realise it is a choice between austerity in the eurozone and having to sort [more]

Wed Jun 24

NL

Boards Post

ScrumpyJack replied to the Greene King plc board. 14:00

Re: Accounting problem

As this 6.5p is being paid only to Spirit shareholders, GNK shares will not go 'Ex Div' this amount as you must already be entitled to it as an accepting Spirit shareholder. GNK will not therefore drop because of the payment of this dividend to [more]

Sat Jun 20

NL

Boards Post

ScrumpyJack replied to the Golf Nuts board. 11:20

Re: What a complete....

Stenson described it as like putting on Broccoli!

NL

Boards Post

ScrumpyJack replied to the Bert's Investor Sanctuary board. 11:08

Re: Dinga Dinga Ding

They are more or less in balance if you exclude debt interest and repayment. So if they default on their debts neither of those items have to be paid! Also they are still likely to receive assistance from the EU because no one wants a failed state in [more]

NL

Boards Post

ScrumpyJack replied to the Bert's Investor Sanctuary board. 10:19

Re: Dinga Dinga Ding

Greek pensions may or may not be generous. Reducing them now is not going to re-invigorate their economy when so many families are depending on a grandparent's pension to survive. And reducing pensions won't pay off Greece's debts. [more]

NL

Boards Post

ScrumpyJack replied to the Investment Strategies board. 10:10

Re: When is the best time to invest?

This all reminds me of the old story about the actuary back in the seventies who did a lot of flying and was worried about a bomb on the flight. His solution was to take a bomb with him because he worked out that the chances of there being two bombs [more]

Tue Jun 16

NL

Boards Post

ScrumpyJack replied to the Selftrade Products & Services board. 20:09

Re: unauthorized purchase

To put your own question back at you, do you always move broker regardless when there are other competent low fee ISA managers offering financial incentives to move?

No I'm like most investors I am extremely lethargic when it comes to [more]

NL

Boards Post

ScrumpyJack replied to the Brokers and Share Dealing board. 15:01

Re: Broker Worries

However, now my thoughts have turned to systematic fraud(which I have NO evidence of, just worries): how do I KNOW that said holdings are ACTUALLY held carefully and safely in ring fenced nominee holdings in my name? How can I be sure? Can I check [more]

NL

Boards Post

ScrumpyJack replied to the Selftrade Products & Services board. 14:19

Re: unauthorized purchase

Well I moved to Hargreaves Lansdowne recently. They charge £45 a year and paid me £500 to transfer to them, (I haven't got any funds so there are no other charges). I also use TD Direct for some non ISA holdings. They are extremely [more]

NL

Boards Post

ScrumpyJack replied to the Selftrade Products & Services board. 12:37

Re: unauthorized purchase

Can anyone explain why they haven't already left Selftrade whilst it is free to do so and other competent low fee ISA managers are offering financial incentives to move?

Mon Jun 15

NL

Boards Post

ScrumpyJack replied to the Lloyds Banking Group plc board. 14:22

Re: Lloyds latest scandal

Messrs Darling and Brown and forced it to merge (very quickly and without due diligence) with the Halifax/Bank of Scotland mess (HBOS)

Brown was certainly responsible for creating or exacerbating a lot of the UK's financial problems, [more]

Sat Jun 13

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Macro Topics board. 10:55

Re: Grexit

How are investors here positioning themselves for this possibility (likelyhood?)

I suspect that if it happens it will be rather like the millenium bug. Everyone is terrified of what is going to happen and how catastrophic it is going [more]

Thu Jun 11

NL

Boards Post

ScrumpyJack replied to the Tesco plc board. 08:29

Re: Why is Tesco in trouble?

There's an old saying that 'Retail is detail'. It's examples like this that suggest Tesco has forgotten some of the basics and needs to get back to much tighter management of the core business. Too often one sees very sloppy looking staff gassing to [more]

Sat Jun 6

NL

Boards Post

ScrumpyJack replied to the South32 Limited board. 17:53

Re: Forecast Yield

Digital Look is now showing some forecasts. They have EPS 18c/DPS 1.86c for YE 30/06/15 and EPS 19c/DPS 7.60c for 30/06/16. (Aussie cents).

The latter is consistent with the demerger guidance of 2.5 times cover. The former is not. Have I
[more]

Fri Jun 5

NL

Boards Post

ScrumpyJack replied to the Help with this Blasted Computer! board. 15:17

Re: ebook reader

I've had a couple of Kindles, the current one being a Kindle Voyage (Paperwhite display). My daughter has a Fire.

I much prefer the Voyage to the Fire and to my previous old style Kindle.

A useful feature with Kindle now is the [more]

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Boards Stats & Trivia

Big red star, 1000 posts
Board Posts 1349
Recs Received 4766
People who have rec'd these posts 1058
Recs to Posts Ratio (last 30 days) 4.30
Threads Started 48
Threads Started Percentage 3.56 %
Most Frequent Board Equitable Life Support
Very First Post Re: Article: Whitbread Goes Teetotal (19/10/2000)
Percentage of Posts Rec'd 73.46 %
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