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Big Drop

lse:ule

#1

Does anyone know why the big drop today?

No company news.

I did note “defence” companies like BAE & Rolls Royce were 2 of the largest drops on the FTSE100, but not seen any obvious reasons.


#2

Don’t know either but look at the volume!
Bought these 6 months ago after press recommendation.
BIG MISTAKE!
BB


#3

Can’t see anything on the web site.
And it was all going so well since the November blip.
Let’s hope it’s just one institution rebalancing.

Yours Rug Pulled from Under
vb6


#4

Delayed defence review

Games


#5

Could be SP Target cut by Berenberg

Berenberg today reaffirms its sell investment rating on Ultra Electronics Holdings PLC (LON:ULE) and cut its price target to 1300p (from 1550p).


#6

Well found Games, but this is nothing new - it is exactly the reason for the profit warning in November. This Government is dithering on all major things - like defence budgets or Fox’s take over of Sky - but be reassured they are concentrating on important things like putting the cost of a cup of coffee up 5p.


#7

“but be reassured they are concentrating on important things like putting the cost of a cup of coffee up 5p.”

HB – correct, and they are doing nothing about business rates which fleeces most premises based businesses . They are also doing nothing about building houses for the public sector - 55,000 in 2010 and 5800 in 2016 – they just don’t give a monkey’s.
They are happy to call the pay review body for the MP’s independent and watch as they give them a massive pay rise.

I sound like a socialist all of a sudden – not so but the Tory lot don’t inspire confidence.

I think they might get wiped out at the next election.

Games – then we are really in the mire.


#8

“the pay review body for the MP’s independent and watch as they give them a massive pay rise.”

I don’t see why we have to pay for this very expensive independent review of MPs salaries every year or whatever it is. It would be a lot simpler if they applied a set factor to average earnings which HMRC could produce easily enough. Use the same factor each year. Multiply average earnings by the factor - that’s the MPs salary. If the MPs do a good job of running the economy average earnings would go up, so would the MPs salaries - fair and simple. And if we really wanted to see MPs fight for the people they represent than each MP’s salary would be pegged to the average earnings of their constituents!


#9

" Use the same factor each year. "

Or they could apply the same formula to that of the rest of the public sector. In that way they might actually build some trust instead of ranking one level below an estate agent.

Games – I love estate agent’s really, honest I do !!