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Everything posted by johnny5thumbs

  1. I'd agree with that. Something is skewing these figures if they are even genuine. Most retailers in my West Country town experienced an absolute bloodbath in Xmas week, and nearby towns similar. Here, high ticket items got hit the hardest - sub £10 items held up the best. Record Boxing Day queues in Arndales & megamalls around the country don't add up to an enhanced bottom line for retailers. PLC retailers have a tendency to slash prices to any level just to get footfall and spend, and then hope to catch up margin later on before the accounts get compiled. Why? Lots of senior jobs are on the line - their jobs are only as safe as this quarter's figures. So the figures get ridiculously skewed. I'd bet that there's been more of a downturn over Xmas than the chain-store generated headlines would have you believe. Let's see when the results come out.
  2. I'll go a step further. Any sustained increased activity in the top end of the market artifiically drags prices upwards in our shoddy so-called indices. When the rich buy in droves, they raise average property prices. And when they panic-sell in droves, the same happens. There's a lot going on behind every month's Nationwide or Halifax that needs discounting before swallowing it alll hook, line ...
  3. Well - don't ask me for data, but it's a given amongst the city E.A. boys that banker mega-bonuses fuel top end property prices in desirable city locations such as Canary Wharf etc. And the reverse has the reverse effect. Therre was a curious apocryphal glitch during the oh-too-short slump in 2008 when a whole lump of Canary Wharf stuff came flooding onto the market artificially raising the average price. Trying to prove it is another matter, m'lud !
  4. Skew the indices at least, if more Canary Wharf apartments and the like start changing hands.
  5. ...and yet, even though gold is breaching record levels once again, Randgold, usually a good gold price tracker, is having trouble clearing the 6000p level. Any ideas why?
  6. It's the real thing, unfortunately. Punch in tesco.com, ands take a peek at the bottom right of their homepage .. it's certainly there. They've never been known for cultivating an overly upmarket clientele, but this sinks them a tad lower.
  7. You're a very naughty boy, Porca Miseria. Winding up the regulars, indeed ! There's no way you'd ever live in Neswick St. even if they gave it to you rent-free. Stop encouraging them - everone will think the likes of Salcombe and Noss Mayo are affordable, too ! When Totnes prices come down to 'loose change' levels, then I'm ready to be convinced. Until then ...
  8. When sterling recovers to 250 against the yen, like it was 3 years ago, then I'll feel like having a celebration party. Or even 180. BIoody heII - I'll even settle for 160. I can't afford to go visit the wife's friends & family in Kyoto and Okinawa at the moment without dipping very deeply into 5thumbs meagre savings. Sterling recovery? What recovery?
  9. I have a USD a/c with Barclays, and it's still much the same situation as yours - they cream off about 5c on the transfer rate. I phoned up a couple of FX bureaux last year, and their rates ar loads better on larger (ie: house purchase) amounts, but about the same on smaller (USD 2000 - USD 4000) amounts. I'd def. look into the halifax a/c that tpbeta mentioned in his post - I certainly will.
  10. Thank you, Eric. I hadn't heard that phrase for several days now. I'm coming over all nostalgic suddenly.
  11. Mr. M. - I'm disappointed. I thought you were going to show me something price at 250k or some other such absurdity. A mere 16% increase in the last 2 years seems to be about par for the course for estate agents even in crappier parts of the country. Unfortunately. btw - my Japanese wife doesn't know who Miyagi-san is. She seems to have missed the entire series of Karate Kid. (possibly because she was in Japan at the time ...)
  12. Those of you with historic properties with lovely old deeds hand-written on parchment - for Chrissakes, don't ever let your solcitor send them to the Land Registry - all old docs are now being shredded by them as title is transferred to an electronic database. Gord help us when they outsource the whole shebang to Bangalore. I lost all my gorgeous 300 year old parchments when I sent my docs into the Land Reg for updating. All I have is an elexctronic title. Apparently you can request that the Land Reg. return all historic docs to you, or better still, just get your solr.to send them the last 100 years docs instead, and keep the older stuff safe under lock and key.
  13. Fabulous ! This is about the funniest thing I've ever seen on HPC - even better than the Skelmersdale ugly flats competition. The E.A. MUST be taking the p i There's absolutely no way he could not have been aware of what he was doing. And as for the body under the duvet in pic.18 - looks he had his bags packed, but never made it out of the building, poor sod.
  14. Hi Kevin. I'm going to assume that you're not taking the piss and are asking a serious question. I think you mighgt find a rough consensus on HPC that dipping your toe into BTL is probably an ill-advised thing to do in Bristol or any other urban area right now. Some HPC'ers may put it more strongly.
  15. You can go both long and short on a metal at the same time, trading on the fluctuations. JPM are bound to be holding positions on both sides. Plus, on a darker note, the city and some of the media have always been great at tipping shares / metals / commodities shortly before unloading their own personal holdings. A good rumour or headline is always good for a a last percent or two onto the price.
  16. Always a dangerous thing to do, if you've placed for execution "at best". Other things can happen to send the whole market south, not just BP. I always execute live, or set a min / max. Alkso, the market will have already factored in the capping of the well. But further rises in spot crude could enhance the price.
  17. and ... I hope you've got good Cornish credentials. Some of the villages don't always take too kindly to emits. Avoid Redruth and Camborne at all costs.
  18. Bigpig, some may think this kind of detailed data analysis is a trifle 'anorak', but to me and hopefuly other HPC'ers, you are another unsung hero on HPC.co.uk. providing a service trhat Rightmove is never ever going to offer. Do please keep us all posted with your results as they become apparent. j5t
  19. Ken - who exactly are you ? Nihongo wakarimasu, kedo ... Chugokujin desuka ? btw - congrats on yr new(ish) HPC rating/description.
  20. I would have though that a giant like Maersk would be hedging on the Baltic Dry to at least cover its existing obligations.
  21. The price of the yellow stuff seems to be bearing out this scenario at the moment, so maybe ... "Sugar Sugar ... and you've got me wanting you" - now where have I heard that before?
  22. Well, Jim - I tend to agree with you. Somewhere between 4000 & 12,000. Blimey - that's a relief - I can switch my calculator back over to mnus 3 decimal places once again. )
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