Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
roger,only if it has to,didnt say it had to ok.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
I cannot believe some of the things I read on this increasingly bizarre envy and spite driven thread. On the latest subject anyone would think Hester was responsible for what happened to RBS instead of being the man with the incredibly difficult job of restoring the business to health to get back £billions for the shareholders, that includes us. Some of you need to take a reality check.
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
unlike your self then barry.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Exactly Brian, unlike myself.
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
barryw please take a realalty cheak asap.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
allready meet the chap,i wont pass comment at the moment.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
The backlash against the `Big Six`will increase on Thursday when British Gas owner `Centrica`
announances a profit of £ 2.5 billion.............
...........................................
HSBC reject Osbornes plan to inject £ 20 billion into the UK economy.
HSCB consider it an ill-conceived policy and unworkable...............
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Wonderful news to see a decent profit from a British firm.
Not sure how good £2.5bn is as a rate of return against capital without looking at the accounts so it is difficult to judge it, but a profit is a profit and that has to be good.
Thanks for giving us some good news for a change Reg.
I have not caught up on the HSBC story yet but this must refer to Osborne's idea of a loan guarantee scheme. I did read a report that they are supportive of the aim of the scheme but have some justified worries about costs. Discussions and negotiations are still ongoing. Personally I am not sure that such a scheme is wise but I am open to be convinced.
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
# 449......wonderful news ...........but rising energy prices have left poorest families £ 450.short of being able to heat their homes.
Barnardo`s say energy price increases have left bottom 10% unable to heat their homes.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Reg - find out a little about he relationship between prices and profit and how these things are set. A range of factors influence profit and a shift the wrong way in exchange rates alone could turn a large profit into a large loss overnight. That is without all the other variables that include geo-politics in a volatile world. Pricing to the consumer is done on a forward basis as are fuel contracts and it is very simple to use retrospection and be wise after the fact. This should be celebrated, for one thing prices are on the way down and a good result helps this to continue.
Let us remember how poor and relatively expensive the old inefficient state monopolies were. We would be insane to go back to that.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Large profit=large tax bill.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
# 451 & # 452...............good for profit!!!!
bad for cold families.............
Jan Higgins
- Location: Dover
- Registered: 5 Jul 2010
- Posts: 13,888
Profit......good for potential employment for the said cold families who will also be paying taxes.
No profit.....no jobs and no taxes.
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I try to be neutral and polite but it is hard and getting even more difficult at times.
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Guest 651- Registered: 12 Mar 2008
- Posts: 5,673
I read somewher that they have £25billion turnover so that accounts to 10% 'profit' - so that isn't really that extortionate ??
Been nice knowing you :)
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
I have not seen the figures in detail Paul - you are quite right. Be interesting to see the return on capital.
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
POST 451
You have in other posts asked brian to HAVE A REALITY CHECK now i ask you the same.
I would be interested to know when this particular compan made a ,loss
and how many years they have been making these types of profits ?
Getting back to reduced prices, barryw, please don't believe they are cutting costs because they are a nice and cuddly company,
they are cutting costs because there is outrage at all levels,
by the govt, by local opinion, by national opinion,
you name them, these companies are under pressure to reduce prices.
ALL POSTS ARE MY OWN PERSONAL VIEWS
Ross Miller
- Location: London Road, Dover
- Registered: 17 Sep 2008
- Posts: 3,706
Where free enterprise and the profit imperative goes wrong and crews government in the process
http://www.doverforum.com/letters/viewtopic.php?id=9563&p=1#172586"Dream as if you'll live forever. Live as if you'll die today." - James Dean
"Being deeply loved by someone gives you strength,
While loving someone deeply gives you courage" - Laozi
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Keith - dealing daily as I do in business and investment I am not the one who needs a reality check on business finance or economic matters. I at least know what I am talking about.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
you have a view barryw
thats correct
ALL POSTS ARE MY OWN PERSONAL VIEWS
