Is it the time to dump UK stocks?

I don’t see that a correction for UK stocks is even possible, the stock has been over sold and is now undervalued almost across the board. The same businesses are there after the pandemic just potentially with a larger market share due to shut downs. Although I think the road is not clear I still think there’s more upside potential than downside so why not diversify with the UK?

Cineworld is joke cheap and asset rich

Quick question:
Any massive fiscal help in UK, as in the US and EU, for COVID reasons?

Not talking about the BoE’s QE and it’s conventional monetary policy decisions.

Bottom-line, there will be free money for the UK economy, due to COVID disruption?
(Brexit will also provoke massive cash injections in British economy?)

I think these questions are very important for British economy (and for any country).

Are you joking? The UK has been handing out free money for virtually every cause and purpose with the next round of self employed and business grants due this month.
I have friends that have expanded beyond belief during the pandemic due to the backed enormous available loans, grants, self employed grants plus the furlough scheme and deffered tax and vat dates

Apart from buying your weekly shop for you what more can they do?

UK handouts has been one of the best i’ve seen across Europe, i think its a bit too much tho as this money will have to be repaid

Going by the expansion of most the companies I’ve seen I think the future tax, vat and extra employment should shine through.

The UK has been paying back debt at record rates up until this point so we have been ahead of the game until now

Not joking, I don’t know, that why I asked. I mainly follow the US reality. No one can be good or specialized in everything. Choices have to be made. :wink:

Some years ago, the British Government inject some pounds in SME through P2B Lending platforms. Did they repeat the same process during COVID?

yeah good record of servicing debt but cant remember the last time they borrowed this much tho

Bear in mind the world has done the same with the exception of China maybe but they have been selling bonds. So its all relative really but seeing as we have paid back so much we are only falling back to where we were and that changed so quickly with the austerity measures

off the topic is there a way to import your stocks, price and qty data from T212 to excel speadsheet?

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@phildawson is the man to ask about spreadsheets and pretty much anything graph related hopefully he will come on and help

I’m not worried about how much we borrow as long as it goes to good use and expands our economy.
I just hate the austerity holding back progress like it obviously has and then when we need to expand the knife of borrowing is being blunted out by the pandemic.
Shame really as we have a lot of catching up to do.

It still shows that the UK debt against gdp is the lowest in 5 years

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The IMF projections for UK public debt in a 5 years period: (It’s just projections, so take it with a grain of salt)

Not worth the paper it’s printed on, if it’s lower in 2020 than 2015 why would it spike and then continue to unless this graph is pro Europe?
Its also currently 85% so why is it showing 110% for 2020?

The IMF I think is more pro-US, it’s biggest contributor or at least one of the biggest.
The IMF follow too much the US agenda, that why EU “kicked” IMF from future EU countries bailouts, and start talking about creating a “European IMF”.

A bit off-topic, today in the news, a very important information, the British truck drivers can’t bring a cheese and ham sandwich to the EU countries, after December 31st. So be careful, it’s a crime, but you can eat the evidence. :stuck_out_tongue:

As long as we can still import horse meat from the EU, its all fine.

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What’s wrong with horse meat? Doctors recommend eating horse meat to people with anemia, because it’s iron-rich. :stuck_out_tongue:

There are people who eat stranger things, like dog, cats, bugs, snakes, and so on. Some people say that bugs are a super aliment and will be the future of human food (with startups exploring this path).

Yeah food diversification, isn’t that what we do in stocks :rofl:

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When it comes to spreadsheets the best person I know is @Finki

:sweat_smile:

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In my British to-do list is searching for:

  • Venture Capital Stocks/IT (FinTech and Tech focus)
  • Royalty company Stocks/IT (Healthcare mainly)
  • Litigation Finance company Stocks/IT (commercial and intellectual property only)

A first example of Litigation Finance company Stock:
Burford Capital Ltd (BURF)
https://www.investing.com/equities/burford-capital-ltd

(But I still didn’t do any deep analysis on Burford.)

Any ideas?