[Chompers]

Originally Posted by Alscoob

Where did these figures come from please just interested to know, thanks

Yougov poll

[Wills2]

Originally Posted by Chompers

Yes the banks, not the £

You do realise why he has said that don't you?

[Mark1966]

Get on the piss boys and celebrate Britain being great again it is time to grow some balls.

[RobUK]

Yes because it's suddenly all going to go back to a world of rosy-cheeked Anglo Saxoners living in thatched cottages with pretty gardens and English maidens playing in the fields, politicians will be wise and respected and the moon will be made of cheese. The rest of Europe will thank us for our courageous decision and wave goodbye with smiles and friendly intent.

[Mark1966]

Originally Posted by RobUK

Yes because it's suddenly all going to go back to a world of rosy-cheeked Anglo Saxoners living in thatched cottages with pretty gardens and English maidens playing in the fields, politicians will be wise and respected and the moon will be made of cheese. The rest of Europe will thank us for our courageous decision and wave goodbye with smiles and friendly intent.

[225]

There was obviously going to be a short term shock today. The pounds fall looks worse because it actually climbed a lot in the preceeding 12 odd hours of the result and is currently 1.39 to the dollar where it was roughly 1.45 on and off the last few weeks.
Stock market is back over 6000 and yes there are big loses but we dipped below 6000 twice in the last year alone.

What is getting on my t1ts is people are being so downbeat on the country. Get over it and start supporting the UK and making this a great chance to go forward!

[dangerous_al]

Originally Posted by Alscoob

Shocked... bloody Dads Army lot!

Well that's just taken the lid off a big can of worms, I suspect that a good percentage of the 'Out' haven't a clue about what's coming next... and it's not going to be all roses!!

I suspect an even greater percentage of the "Remains" had no idea of where the European Union was heading. The EU is a bunch of grossly overpaid bureaucrats in the pockets of the large multi national corporations who steer the EU in the direction that is best for them. The MEPs (all 750 of them) have very little actual power, the power is with the un-elected bureaucrats. The international call for Britain to remain was nothing to do with what is in Britains best interest, it was all to do with propping up a failing EU and Euro. Only time will tell whether the EU will survive our exit, but I hope Germany has got deep pockets

[isleaiw]

Originally Posted by Chompers

MarkG335

Sad figures:

age group 18-24 voted 64% remain 24% leave - Will live on average 69 years with this decision
age group 25-49 voted 45% remain 39% leave - Will live on average 52 years with this decision
age group 50-64 voted 35% remain 49% leave - Will live on average 31 years with this decision
age group 65+ voted 33% remain 58% leave - Will live on average 16 years with this decision

to benefit from the decision also. That implies that we will be worse off long term from the decision and have given up even trying to make a positive.

The 50 to 65 year olds are probably the group most at risk if values of investments fall and dont have time to recover.

Youngsters have their lives ahead of them to make decisions on what they want to do and now have a whole wide world out there to look at.

when your company makes a big decision on change, do you run back into your office, saying we are doomed and life will never be good again?

It is what it is, lets get on with it!!!

[DaveA]

Originally Posted by Mark1966

Get on the piss boys and celebrate Britain being great again it is time to grow some balls.

I'll sell you my business right here, right now... I can go an sun myself somewhere, then, and let somebody else worry about how on earth you might actually keep it going and pay the bills (and home and in business).... Go on, grow some balls and do it....

[cncmastr]

I'm very proud of the English this morning for showing unelected techno/ bureaucrats that you want out of the failed global experiment. Cheers to you.

[Roberto71]

I see the backtracking has already begun. Farrage admitted the £350M was a "mistake"

https://t.co/KUMYqS6xih

[Wills2]

No confidence motion tabled against Corbyn, Sturgeon set to call another referendum, PM resigned.

Quite a busy morning on top of last night.

[JustChris]

Originally Posted by ajfoggy

Lloyds shares down to 54p, might snap some up at the end of the day, see how they go.

I think Barclays shares look exceptional value today. Peak all time of 800p but realistically 200 or so. 150 today hmmmm.

[rich100]

Originally Posted by MCarChris

I think Barclays shares look exceptional value today. Peak all time of 800p but realistically 200 or so. 150 today hmmmm.

I think the fall is overdone and this could as you say in the long term pay out.

Not without risk though. In my opinion, the banking sector and Barclays specifically faced significant head winds prior to the exit decision. I think things have just got harder.

In the case of Barclays it is trading quite a way under its book value but it will likely not get back to book value until it completes run down of its none core operations which is hoped will be near completion by end of 2017.

In the interim it faces the cost of the structural reform split (estimated to be approx 1bn) and is also still dealing with a large number of historic litigation issues many of which the ultimate fines and costs cannot yet be calculated.

Personally I'd be tempted to look elsewhere as a long term investment. In the short term it might be possible to trade the volatility and sell on any spikes.

[JD6]

Originally Posted by MCarChris

I think Barclays shares look exceptional value today. Peak all time of 800p but realistically 200 or so. 150 today hmmmm.

Barclays has a great deal of exposure to the EU, more so than its rivals, so buying BARC instead of LLOY only makes sense to me if you expect the current EU instability to die down.

Deutsche Bank are down 15% today, which does show some nervousness about the future of the EU in my view.

I did buy some BARC at about 150 earlier in the year, so I can see the attraction, but today's decision would make me think twice about adding.

[insanecoder]

the EU house of cards
a gentle blow from BREXIT across the channel..
weather the storm
the sun shines brightly behind the clouds

[Mark1966]

Originally Posted by DaveA

I'll sell you my business right here, right now... I can go an sun myself somewhere, then, and let somebody else worry about how on earth you might actually keep it going and pay the bills (and home and in business).... Go on, grow some balls and do it....

Where do you want me to send the £10, I hear Jaywick is nice this time of year

[JD6]

I think Neil Woodford is often worth listening to and has a good UK track record. Here is his blog from this morning, where he takes a fairly sanguine view of the referendum result:

https://woodfordfunds.com/blog/brexi...itial-thoughts

[DaveA]

Originally Posted by Mark1966

Where do you want me to send the £10, I hear Jaywick is nice this time of year

I had to look that up... Apparently it's in the "trending" district of Essex..!!!

To be fair, I wouldn't dream of ripping you off like that... I figure that a fiver is more than enough... I'll direct you to a CC payment page I have set up just for this transaction...

[InquisitiveA]

Originally Posted by Chompers

MarkG335

Sad figures:

age group 18-24 voted 64% remain 24% leave - Will live on average 69 years with this decision
age group 25-49 voted 45% remain 39% leave - Will live on average 52 years with this decision
age group 50-64 voted 35% remain 49% leave - Will live on average 31 years with this decision
age group 65+ voted 33% remain 58% leave - Will live on average 16 years with this decision

Lots of potentially misleading info in this thread, starting with this post which is not in any way necessarily an accurate representation of the true voting. This is based on the tiny sample for the YouGov poll from 10pm last night, a poll which gave the results as 52% Remain 48% Leave so is demonstrably inaccurate.

Besides, why is wisdom of older voters not the conclusion drawn? Is the suggestion that older voters don't care or don't love their children and grandchildren and want to fcuk things up for them!? Nonsense, older voters' opinions are just as valid, drawn on more life experience by definition, and deserve at least as much respect as younger voters' opinions.