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Messages - Orca

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556
Shares / Re: Brexit consequences.
« on: June 27, 2016, 07:10:57 pm »
In my personal view. I think there is a reason why Cameron and Johnson will not trigger Article 50 soon. That is the red button that triggers the missile for the exit. They are playing for time. Why would they do this? Surely they could hand that to Brussels immediately and start the process. Cameron has said that he himself will not do it.
 
An early election will have to be held as early as August and they may just include a new in or out with their campaigns as this is in the forefront of voters minds. As it is, they realize now that many exit voters have changed their minds after seeing the aftermath of there choice.
They also fear the loss of Scotland and North Ireland that they love so dearly. They were not told that. Voters have to be told but the campaigners failed to do so.

Now the exit voters also realize that London will become a ghetto with most international banks like HSBO relocating to the continent and many manufacturers following. London is the financial hub of the world but will no longer be so.

It is a fact that the young adults are in favour of "stay in" but only 25% of them voted. The bosses are well aware of this too.
In the meanwhile we will have to bear the volatility but "exit" will not happen.


557
Off topic / Re: Live chat
« on: June 27, 2016, 03:17:35 pm »
The ALSI was trading at an unsustainable high PE before this so this is not bad at all.

558
Off topic / Live chat
« on: June 27, 2016, 01:05:56 pm »
I have been too scared to look at my portfolio since Thursday.

559
Off topic / Re: Live chat
« on: June 27, 2016, 11:57:28 am »
UK banks hit hard. Barclays shares suspended. Brace for racial riots.

560
Off topic / Re: Live chat
« on: June 27, 2016, 10:11:25 am »
That will lead to a premature ejection for Britain.

561
Off topic / Re: Live chat
« on: June 26, 2016, 11:05:03 pm »
This will reverberate throughout the markets for some months but I see the UK may have early erections before year end. The UK will never exit as they cannot loose London.

562
Off topic / Re: Live chat
« on: June 26, 2016, 10:52:16 pm »
Good read P.

564
Off topic / Re: Live chat
« on: June 26, 2016, 06:12:12 pm »
Watching BBC Live all day. Like a soapy. No MP expected this so no plan B. Parliament in shambles today with members resigning and sacked. Scotland perhaps to veto and overturn the result.
Cameron has to leave as he was in the "in" camp. This may call for an emergency general election with "in" and "out" being in the forefront rather than party fundamentals.

566
Off topic / Re: Live chat
« on: June 24, 2016, 08:41:09 pm »
UK "OUT" voters now seeing the consequences are having second thoughts and would have voted "IN" had they known. They did not listen or attend the road shows of both camps.

567
Off topic / Re: Live chat
« on: June 24, 2016, 10:20:52 am »
Digestion has begun. ZAR gained back half of it's loss already and stocks are following back up.

568
Off topic / Re: Live chat
« on: June 24, 2016, 09:05:33 am »
So far, not nearly as bad as I thought. Always an overreaction though and it may just bounce but who knows as the news gets digested.

569
Off topic / Live chat
« on: June 23, 2016, 09:04:22 pm »
Polls close at 10 pm.

570
Off topic / Live chat
« on: June 23, 2016, 05:58:06 pm »
Counting starts after 10PM.

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