sandywinder
Madrigal Member
Holistic Philosopher
The private sector makes boxes, the public sector ticks them
Posts: 16,929
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Post by sandywinder on Sept 26, 2007 13:59:52 GMT
The essential thing to keep in mind is: Q: If YOU fancy taking out another account/loan /mortgage, would it be with Northern Rock ? A: Not now, and probably not next year either. Thus share price 181. As you know all shares are traded at a multiple - and that multiple is always based on typical growth and profit withing the sector. No growth = low multiple. Yes and the shares will do what next, Kip? Barring economic vagaries they are a safe bet to gradually increase the share price. Now there are not one, but two knockout blows to Sandys flimsy defence of Capitalism, which as with ALL systems has its flaws. 1) Who are the first people to know that the business is going down the tubes, Sandy? Yes, the Owners/Directors. So what do they do? Firstly they give themselves a huge pay rise (already THEY are the winners!) and secondly they slowly sell their shares. Who on earth wants to LOSE MONEY, Sandy. YOU of all people...a man who spends AGES searching for the cheapest available light bulb!!!!!!!!!!!!!!! Now guess where they will make money a THIRD time? They buy up the shares when they are 'rock' bottom. 2) The losers are always the little people. The clientele. This is where Gordo sneaks in...he agree's to go some way to bailing the Company out whilst competely forgetting that it is HIS policies that forces this to happen. And it will happen again! Will he bail them out after he's elected (yeh i've given up on that one)..will he hell. He may offer some sop..a small gesture...and yet its all his fault in the first place! The bloody cheek of this bloke is unbelievable!!! ...AND FINALLY. What money is used to bail the Company out? - yours!The state created the problem by failing to inject liquidity in the first place (as was done easily and successfully in other countries) - so th e state should pay up. Of course had we not had sleazy, corrupt, incompetent MPs in Westminster (voted for by morons) then this would never have happened.
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Daz Madrigal
lounge lizard
a Child of the Matrix
Posts: 11,120
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Post by Daz Madrigal on Sept 26, 2007 14:09:48 GMT
Well thats just saying he should have helped earlier than he did...but then it makes him look like a benefactor by saving everyone at the last minute.
Thats what I mean by spoonfed...the BBC and all media outlets fall for it. He knew exactly what was happening.
Same with the myth that the Bank of England Governor Mervyn King is 'independent' of the Government. He only 'appears' to be...when theres a crisis he does EXACTLY what he's told to do by the Govt.
...liquidity has nothing to do with it...lots of Building Societies are worried and its all due to the false Housing Market and huge mortgages.
Thats the big picture!...not the small.
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Daz Madrigal
lounge lizard
a Child of the Matrix
Posts: 11,120
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Post by Daz Madrigal on Sept 26, 2007 14:10:58 GMT
And if Mels reading this..
If Brown gets in you can wave any 7 year gift goodbye (along with 50% of us!).
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Daz Madrigal
lounge lizard
a Child of the Matrix
Posts: 11,120
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Post by Daz Madrigal on Sept 26, 2007 14:17:18 GMT
You said they had sold shares and then bought them back on the cheap. I repeat - what evidence have you? I see that the main man is currently LOSING £700,000 on his shares. <<<Even if Mr Applegarth, whose pay package was £1.3 million last year, is ousted by the board, he will still benefit financially. Mr Applegarth, who is 45 and has worked for the group for 24 years, would probably receive another year’s salary. He has amassed a pension fund entitling him to payments of £266,417 a year and owns almost 100,000 shares in the group - although their value has fallen steeply in recent days, to £430,365, against a £1,151,572 peak last year. >>> He's the Managing Director, Sandy...if he sells a large amount of shares what message does THAT give out to the Stock Market? If the Boss is bailing out then he's got no chance so he can't offload his shares ah...but everyone else on the board can. How many Directors do you think N.R has, Sandy?
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sandywinder
Madrigal Member
Holistic Philosopher
The private sector makes boxes, the public sector ticks them
Posts: 16,929
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Post by sandywinder on Sept 27, 2007 7:52:58 GMT
So what evidence have you that any other directors sold shares? These share sales are in the public domain UNLIKE what our sleazy MPs get up to. And they want to make sure it stays that way. I repeat the only ones losing out from high wages and bonuses in private companies are the customers (who can go elsewhere) and shareholders. In the public sector the ones losing out are you and me (who have no CHOICE) but to go elsewhere unless we leave the country. Also the chappy in charge of NR will have NO FUTURE and be unemployable in any financial capacity whereas in the public sector when you goof up you get PROMOTED via the OLD BOY network. This is what happened with the Menezes affair (Cressida Dick) and WMDs in Iraq (Scarlett) where the people in charge later got promoted. How can you cereally defend this? Cressida dick is also a member of COMMON PURPOSE. www.indymedia.org.uk/en/regions/leedsbradford/2007/03/365733.html<<< When the organisation was given an award in 2005 by one of it clients, Newcastle University in the North East of England, it was revealed that among its graduates in that area were: Michael Craik, Northumbria Police Chief Constable; Andrew Dixon, Executive Director of the Arts Council England, North East; Glyn Evans, City Centre Chaplain; Chris Francis, Centre Manager of the Wildfowl and Wetlands Trust; Anne Marshall, Chief Officer of Age Concern; Anthony Sargent, General Director of The Sage Gateshead; Miriam Harte, Director of Beamish Museum; and Sue Underwood, Chief Executive of NEMLAC (the North East Museums, Libraries and Archives Council). Brian Gerrish has found them to be throughout the government structure with more than £100 million of taxpayers money spent on Common Purpose courses for state employees. It has members in the National Health Service, BBC, police, legal profession, religion, local councils, the Civil Service, government ministries,! Parliament and Regional Development Agencies. Common Purpose graduate Cressida Dick issued the 'shoot-to-kill' order to police officers that led to an innocent Brazilian electrician, Jean Charles de Menezes being held down by police and shot eight times at point blank range, seven of them in the head. Cressida Dick has since been outrageously promoted from commander to deputy assistant commissioner in the Metropolitan police. Janet Paraskeva, the Law Society's Chief Executive Officer, is also a Common Purpose graduate and there are many and increasing numbers in the law and enforcement professions. >>>
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kipper
Madrigal Member
The Capon Crusader
Posts: 2,101
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Post by kipper on Sept 27, 2007 8:01:07 GMT
Bat TV Wednesday
Akchally saw some stuff on thee old box - watched "heist" a film with a strong cast. It was right good, it wos. Why was it so fast, twisty and clever? The answer came at the end - written by David Mamet - lovely !
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sandywinder
Madrigal Member
Holistic Philosopher
The private sector makes boxes, the public sector ticks them
Posts: 16,929
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Post by sandywinder on Sept 27, 2007 8:31:57 GMT
Which actor stole the show?
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kipper
Madrigal Member
The Capon Crusader
Posts: 2,101
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Post by kipper on Sept 27, 2007 8:47:18 GMT
S: "Which actor stole the show?"
Well ... not sure, I think it must been Hackman, of course ... but the black guy (not familar with name) was excellent too.
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Daz Madrigal
lounge lizard
a Child of the Matrix
Posts: 11,120
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Post by Daz Madrigal on Sept 27, 2007 11:30:25 GMT
So what evidence have you that any other directors sold shares? These share sales are in the public domain UNLIKE what our sleazy MPs get up to. And they want to make sure it stays that way. I repeat the only ones losing out from high wages and bonuses in private companies are the customers (who can go elsewhere) and shareholders. In the public sector the ones losing out are you and me (who have no CHOICE) but to go elsewhere unless we leave the country. Also the chappy in charge of NR will have NO FUTURE and be unemployable in any financial capacity whereas in the public sector when you goof up you get PROMOTED via the OLD BOY network. This is what happened with the Menezes affair (Cressida Dick) and WMDs in Iraq (Scarlett) where the people in charge later got promoted. The first people to know the ship is sinking are the administrators but they've known for a long time so they sell offload shares slowly. They're certainly not buying them. I'm beginning to understand why Exco was a thorn in the side. A lot of his cynicism about the system is correct. Nowadays even the Bosses are crooks and in many cases even bigger crooks than the people who do it out of some perceived neccessity. What evidence? Thats what everyone does. The Bosses are the first to know the finances of the company and what is the likelihood and they'd know for a long time. After that they've got a load of shares that can only go down in price and be devalued. Of course its human nature to get rid of anything that is going to lose money. Thats what Mary Archer did - but again she got away with it. Insider dealing is rife but she was actually on the Board of Anglia TV...and what was the first thing she did... ..look at the books and move her shares so that she profits. Again Exco is correct in a way..the only surefire way of making money on Shares is by being in the know. The rich guys get richer because all the information and tip off are given to them. The Nick Leesons of the world are just teaboys in comparison.
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Daz Madrigal
lounge lizard
a Child of the Matrix
Posts: 11,120
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Post by Daz Madrigal on Sept 27, 2007 11:33:32 GMT
<< Common Purpose graduate Cressida dick issued the 'shoot-to-kill' order to police officers that led to an innocent Brazilian electrician, Jean Charles de Menezes being held down by police and shot eight times at point blank range, seven of them in the head. Cressida dick has since been outrageously promoted from commander to deputy assistant commissioner in the Metropolitan police. Janet Paraskeva, the Law Society's Chief Executive Officer, is also a Common Purpose graduate and there are many and increasing numbers in the law and enforcement professions. >>>
Dunno what the connection is really but this is an old JSG topic with OP going by the lawbook and making an idioitc comparison with a cat burglar falling through a roof.
After that I drew my own conclusions. i.e. she aint that bright.
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Daz Madrigal
lounge lizard
a Child of the Matrix
Posts: 11,120
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Post by Daz Madrigal on Sept 27, 2007 11:41:00 GMT
S: "Which actor stole the show?"Well ... not sure, I think it must been Hackman, of course ... but the black guy (not familar with name) was excellent too. Gene Hackmans always picks good films..well usually. The Olivier/Michael Caine view of "always choose the film that pays well however trashy it is" is deeply cynical. It makes sense to them but not to the viewers. There are a few actors who seem to have an unerring talent of picking a good..usually low budget..offbeat film..the Fargo/Big Lebowski type of classy/arty/not takin itself too seriously deal. Steve Busceni especially, Hackman to an extent, Jeff Bridges, John Cusack..even Ralph Fiennes usually chooses well.
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sandywinder
Madrigal Member
Holistic Philosopher
The private sector makes boxes, the public sector ticks them
Posts: 16,929
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Post by sandywinder on Sept 27, 2007 13:06:59 GMT
So what evidence have you that any other directors sold shares? These share sales are in the public domain UNLIKE what our sleazy MPs get up to. And they want to make sure it stays that way. I repeat the only ones losing out from high wages and bonuses in private companies are the customers (who can go elsewhere) and shareholders. In the public sector the ones losing out are you and me (who have no CHOICE) but to go elsewhere unless we leave the country. Also the chappy in charge of NR will have NO FUTURE and be unemployable in any financial capacity whereas in the public sector when you goof up you get PROMOTED via the OLD BOY network. This is what happened with the Menezes affair (Cressida Dick) and WMDs in Iraq (Scarlett) where the people in charge later got promoted. The first people to know the ship is sinking are the administrators but they've known for a long time so they sell offload shares slowly. They're certainly not buying them. I'm beginning to understand why Exco was a thorn in the side. A lot of his cynicism about the system is correct. Nowadays even the Bosses are crooks and in many cases even bigger crooks than the people who do it out of some perceived neccessity. What evidence? Thats what everyone does. The Bosses are the first to know the finances of the company and what is the likelihood and they'd know for a long time. After that they've got a load of shares that can only go down in price and be devalued. Of course its human nature to get rid of anything that is going to lose money. Thats what Mary Archer did - but again she got away with it. Insider dealing is rife but she was actually on the Board of Anglia TV...and what was the first thing she did... ..look at the books and move her shares so that she profits. Again Exco is correct in a way..the only surefire way of making money on Shares is by being in the know. The rich guys get richer because all the information and tip off are given to them. The Nick Leesons of the world are just teaboys in comparison. So you have ZERO evidence as I guessed. The problem is bad enough without you inventing untrue stories. The ones selling shares are the speculators. They were even selling shares they did not have. This is called shorting the market where people sell shares (they don't own) and buy them back later when they hope they have fallen in value. This is a law that the government passed.
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Daz Madrigal
lounge lizard
a Child of the Matrix
Posts: 11,120
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Post by Daz Madrigal on Sept 27, 2007 15:40:08 GMT
My patience only runs so far, Sandy.
Ask Exco and Arena...the more I listen to your gibberish the more I can't help but feel they were correct.
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sandywinder
Madrigal Member
Holistic Philosopher
The private sector makes boxes, the public sector ticks them
Posts: 16,929
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Post by sandywinder on Sept 28, 2007 8:18:19 GMT
My patience only runs so far, Sandy. Ask Exco and Arena...the more I listen to your gibberish the more I can't help but feel they were correct. Is the standard Daz riposte when you have been found out?
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kipper
Madrigal Member
The Capon Crusader
Posts: 2,101
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Post by kipper on Sept 28, 2007 8:24:55 GMT
DAZZ GRAND MASTER: "Common Purpose graduate Cressida dick ...."
Common Purpose has drawn some flak because it could appear to be a talking shop/networking org for the elite. Much like the fuss around lot Chatham House lot.
What it really is, is an expensive talking shop/training company - that has wormed its way in Local Gov and Public Services. The sin is that it has such an easy in-road into the taxpayers pockets.
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Gene Hackmans always picks good films..well usually. The Olivier/Michael Caine view of "always choose the film that pays well however trashy it is" is deeply cynical. It makes sense to them but not to the viewers.
There are a few actors who seem to have an unerring talent of picking a good..usually low budget..offbeat film..the Fargo/Big Lebowski type of classy/arty/not takin itself too seriously deal. Steve Busceni especially, Hackman to an extent, Jeff Bridges, John Cusack..even Ralph Fiennes usually chooses well
Hackman is not someone I can "like" ... but the films I have seen, are always good when he puts in the appearance. Despite his demeanor that's also true of Anthony Hopkins as well.
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