Spoony Posted November 30, 2005 Share Posted November 30, 2005 Every morning Talksport 'cross over' (at 7.30AM) to Henk Potts, an analyst at Barclays Stockbrokers. Today he said that the predictions of doom and gloom about the housing market crash have turned out to be untrue. He said that the recent nationwide figures have shown that the market has stabilised. And so say Right Move who have said prices are now rising. About 6 weeks ago he said on Talksport again that so confidently that prices will not crash and came out with all the usual crap about supply and demand, high employment etc. He may have been spouting more bull more often on there but I don't listen to TalkSport much.. Another story that was plastered all over the BBC and co. was this one from Friday, July 02, 2004 "Henk Potts, an analyst at Barclays Stockbrokers, said that despite the slowdown, he did not believe the housing market was heading for a crash. "There are signs that it has been slowing down but interest rates are not the only thing that drive house prices," he said." I think we should start a HPC campaign against this guy because he has quite a high profile and high exposure to the media with his V.I. Bull. He does pieces on Working Lunch (BBC TV) and all sorts of newspapers. Quote Link to comment Share on other sites More sharing options...
Ah-so Posted November 30, 2005 Share Posted November 30, 2005 I find his bit on London's LBC in the morning very amusing. He works for a firm of stockbrokers and their job is to sell shares, but if the tide is against him, he can hardly stop it. Leave the poor fellow alone. I hardly think that not believing that a house price crash is around the corner is justification for a hate campaign. Quote Link to comment Share on other sites More sharing options...
Spoony Posted November 30, 2005 Author Share Posted November 30, 2005 I find his bit on London's LBC in the morning very amusing. He works for a firm of stockbrokers and their job is to sell shares, but if the tide is against him, he can hardly stop it. Leave the poor fellow alone. I hardly think that not believing that a house price crash is around the corner is justification for a hate campaign. I don't have a problem with his beliefs if he really thinks that house prices won't crash. The problem that he is an analyst and should give a more balanced view on his daily broadcasts. Especially to Talk Sport listeners who on the whole aren't very financially minded. His views are typical of anyone who works for an institution that sells mortgages - he has a vested interest in house prices not collapsing, for his employers profits and the good of the general economy. Quote Link to comment Share on other sites More sharing options...
No6 Posted November 30, 2005 Share Posted November 30, 2005 Spot the Financial Expert. W_nk Pitts Henk Potts Quote Link to comment Share on other sites More sharing options...
Pindar Posted June 10, 2008 Share Posted June 10, 2008 Henk sold his BTL portfolio in August 2007. Quote Link to comment Share on other sites More sharing options...
Spoony Posted June 10, 2008 Author Share Posted June 10, 2008 (edited) BUMP: I bet Potts feels silly now. I haven't listened to talksports breakfast in a long time. Is Henk Potts still talking up house prices? I bet he is Edited June 10, 2008 by Spoony Quote Link to comment Share on other sites More sharing options...
Methinkshe Posted June 10, 2008 Share Posted June 10, 2008 How can you trust a man with a name like Henk Potts? Sounds like a character from a Musical - Shitty Shitty Bank Bank. Quote Link to comment Share on other sites More sharing options...
shindigger Posted June 10, 2008 Share Posted June 10, 2008 Every morning Talksport 'cross over' (at 7.30AM) to Henk Potts, an analyst at Barclays Stockbrokers. Today he said that the predictions of doom and gloom about the housing market crash have turned out to be untrue. He said that the recent nationwide figures have shown that the market has stabilised. And so say Right Move who have said prices are now rising.About 6 weeks ago he said on Talksport again that so confidently that prices will not crash and came out with all the usual crap about supply and demand, high employment etc. He may have been spouting more bull more often on there but I don't listen to TalkSport much.. Another story that was plastered all over the BBC and co. was this one from Friday, July 02, 2004 "Henk Potts, an analyst at Barclays Stockbrokers, said that despite the slowdown, he did not believe the housing market was heading for a crash. "There are signs that it has been slowing down but interest rates are not the only thing that drive house prices," he said." I think we should start a HPC campaign against this guy because he has quite a high profile and high exposure to the media with his V.I. Bull. He does pieces on Working Lunch (BBC TV) and all sorts of newspapers. I dont listen to that station anymore. I woke up one morning (insert blues guitar riff here) and heard Ronnie Irani and Potts discussing some champagne quaffing lig theyd been on and just turned it off. That was 3 months ago. Talksport dropped the ball firng James Whale and i simply avoid it now. Soul rotting goo. Always was. Potts, Brazil and Irani in the morning. HHOOOOOAAAAARGGGGHHHHHH!!!! Thats better..... Quote Link to comment Share on other sites More sharing options...
time 2 raise interest rates Posted June 10, 2008 Share Posted June 10, 2008 (edited) Who wants to be a millionaire? Because if you do the quickest way to do so would be to do the exact opposite to what Henk Potts advises. End of last year, beginning of this year, he wouldn't let a day go by without advising banks were the thing to be in for 2008 as they were over sold and the time then was to buy. Most have since fallen by around 75%. He also said there will be no housing crash as what was happening in America wouldn't affect the UK. He obviously doesn't take note of mortgage approvals, Halifax or Nationwide stats, actually that's a lie. Because all last year when they were showing rises he couldn't wait to shout it from the treetops. The man's a total waste of space when it comes to financial advise, and a muppet too. Edited June 10, 2008 by time 2 raise interest rates Quote Link to comment Share on other sites More sharing options...
time 2 raise interest rates Posted June 10, 2008 Share Posted June 10, 2008 Henk Potts' blunder of the year had to be on the day of the May interest rate hold by the BoE, he spent a whole five minutes after the announcement convincing the listeners that interest rates would definitely be cut in June and that interest rates would end the year at 4.25%. As we all now know the money markets are pricing interest rates to end the year at 5.75%. If that is the case he'll only be a 150 base points out. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted June 10, 2008 Share Posted June 10, 2008 Its a funny old recession! Its a recession of two halves! they think the recession is all over! two win in this recession, you just give 110%. The recession would have bottomed out but the ref saw it differently. Quote Link to comment Share on other sites More sharing options...
blankster Posted June 10, 2008 Share Posted June 10, 2008 (edited) The bulls seem to be pointing the finger at the 'doom-mongering' press, accusing them of talking the market down. Perhaps they feel that if the media, HPC etc. are having a downward influence, then talking up and peddling denial might, after all, have the opposite effect. New first time buyers would all benefit from much lower house prices, and so would anyone wishing to trade up to a bigger house. High and rising house prices is not something people should expect as of right. Edited June 10, 2008 by blankster Quote Link to comment Share on other sites More sharing options...
Ah-so Posted June 10, 2008 Share Posted June 10, 2008 BUMP: I bet Potts feels silly now. I haven't listened to talksport in a long time. Is Henk Potts still talking up house prices? I bet he is He does not seem to be - I heard him this morning, talking of "crisis" in the housing market. Quote Link to comment Share on other sites More sharing options...
time 2 raise interest rates Posted June 10, 2008 Share Posted June 10, 2008 I wonder how many of the 20,000 odd who took out a 100% mortgages last year, only now to find themselves in negative equity, done so on the advice of muppets like Henk Potts, who to all intents and purposes should be sacked immediately as 95% of the time he hasn't a clue what he's talking about, and unsuspecting listeners may take his advice for real. On reflection, most at Talksport are rather clueless but funny all the same. Last year the two breakfast show presenters were advising parents to remortgage to stump up a deposit for their children and as little as a few weeks ago John Gaunt was advising people to buy in Cyprus. It's all well and good doing so, so long as at the end they let the listeners know by saying I really haven't a clue what I'm talking about and take my advice with a pinch of salt. Quote Link to comment Share on other sites More sharing options...
Garry AKA Pod Posted June 10, 2008 Share Posted June 10, 2008 I've expressed my opinion about this chap quite a few times on here. It's always been a negative opinion. Hope he breaks his neck the next time he jaunts off to the Alps for a weekend Skiing break. It all stemmed from a comment he made one morning when talking about profits being down at a major brewers. He suggested that this was because sophisticated people drank champagne and cocktails and that only the grubby underclass drank Bitter and Ale these days. (Not a direct quote, but it was along these lines) Hated the bloke ever since. Harsh, and without much of a valid reason, but I hate him. Oh, that and him always talking the market up, but he is a Barclay's Bull. Quote Link to comment Share on other sites More sharing options...
Spoony Posted June 10, 2008 Author Share Posted June 10, 2008 (edited) I heard Jon Gaunt talking about peoples right to buy a house last week, leaving it empty to get the 'capital appreciation' (!!!) and peoples right to do this without squatters moving in. The topic was about all the empty houses in the UK. Talksport is crap - whoever sacked James Whale is an idiot. Theres nobody on there really worth listening to now. Charlie Wolf was good too, but they got rid of him too. Edited June 10, 2008 by Spoony Quote Link to comment Share on other sites More sharing options...
time 2 raise interest rates Posted June 10, 2008 Share Posted June 10, 2008 I heard Jon Gaunt talking about peoples right to buy a house last week, leaving it empty to get the 'capital appreciation' (!!!) and peoples right to do this without squatters moving in. The topic was about all the empty houses in the UK.Talksport is crap - whoever sacked James Whale is an idiot. Theres nobody on there really worth listening to now. Charlie Wolf was good too, but they got rid of him too. Good to see you spelt his name correctly as in Jon. Tends to get on his high horse when people spell it as I have in the previous post. Not that I listen to Talksport that much, lol. I may phone him one day to show him the error of his ways but he'll probably cut me off as he does with all who disagree with his views. Quote Link to comment Share on other sites More sharing options...
jimmylad Posted June 10, 2008 Share Posted June 10, 2008 henk has a few properties in docklands & has enticed a few people into buying an apartment there including Alan Brazil. What i find amazing is that these "new kids on the block" only think that properties only increase in value. Quote Link to comment Share on other sites More sharing options...
time 2 raise interest rates Posted June 10, 2008 Share Posted June 10, 2008 (edited) They only think property prices ever go up. Judging on their financial knowledge it's probably a lot to do with them only ever reading the Daily Express and listening to the likes of Henk Potts. Edited June 10, 2008 by time 2 raise interest rates Quote Link to comment Share on other sites More sharing options...
Slumpmonkey Returns Posted June 10, 2008 Share Posted June 10, 2008 (edited) It's strange because most Dutch people I have met are nice people but Henk is a complete c o c k s u c k e r! Edited June 10, 2008 by SlumpmonkeyII Quote Link to comment Share on other sites More sharing options...
doh Posted July 2, 2008 Share Posted July 2, 2008 More from the Maestro... "Buy Persimmon, It's a high quality player" http://www.cityam.com/index.php?news=16241 So said Henk Potts on the 26th June. Shareprice then... 326p Shareprice now... 242p 25% down in a week. (he also tipped it on 28th Feb at 742p. oops.) Quote Link to comment Share on other sites More sharing options...
dinker Posted July 2, 2008 Share Posted July 2, 2008 Always switch off when he pops up on LBC, the chap just seems to read stuff from Teletext. Quote Link to comment Share on other sites More sharing options...
Bosh Posted July 2, 2008 Share Posted July 2, 2008 I listen to talksport en-route to work during the footy season and can assure everyone that when that twonk starts talking 99% of the listeners mentally switch, the conversation is a mix of champagne quaffing gumpf mixed with sking in the alps and then he chucks in some sort of crap to do with the economy. By that time the drone of his voice is enough to either turn it down or bang on a cd. It really is the wrong target audience. It`s just not Football Quote Link to comment Share on other sites More sharing options...
shindigger Posted July 2, 2008 Share Posted July 2, 2008 BUMP: I bet Potts feels silly now. I haven't listened to talksports breakfast in a long time. Is Henk Potts still talking up house prices? I bet he is But youre missing out on Ronnie Irani et al. Oh i see....... Soul Sucking Radio. Quote Link to comment Share on other sites More sharing options...
blankster Posted July 2, 2008 Share Posted July 2, 2008 If he sold his BTL portfolio last summer he probably did quite well, in which case he ought to be talking the market down so he can get back into BTL when the market reaches bottom. Quote Link to comment Share on other sites More sharing options...
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