Share prices, certainly in London, are falling on the continuing uncertainties over China, Greece and the World. The FTSE 100 index has fallen from a peak of over 7100 last year to about 5630 as I write. Things do recover but this can take years.
At such times people look for a safe haven. Many have chosen my old company, Sepura. Sepura make radios for (mainly) public safety. They recently bought a Spanish rival and now do DMR as well as TETRA.
See http://www.lse.co.uk/ShareChart.asp?chart=intraday&sharechart=SEPU&share=sepura.
UPDATE 1436z: FTSE 100 shares are still falling.
Simple QRP projects, 10m, 8m, 6m, 4m, FT8, 160m, WSPR, LF/MF, sub-9kHz, nanowaves and other random stuff, some not related to amateur radio.
Buy me (a virtual) cup of coffee
This is NOT at all compulsory, but this would help offset some project costs.
Any donations most gratefully received.
https://ko-fi.com/rogerg3xbm
Any donations most gratefully received.
https://ko-fi.com/rogerg3xbm
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4 comments:
Jup.. I got my money out yesterday (should have done this last year!) I have a feeling this is just the start! Looks like China have run out of cash or willingness to prop up the global banking system.
False hope!
Did we really recover after the last big crash, when banks went bust or were jacked up with government money, I think the Western economies are a long way from being repaired?
Does anyone have any real understanding about the stock exchanges anymore, or are they all in it to make a quick buck! To have a good business you have got to have strong foundation in what you do, I don't see any evidence this is out there or companies are really in it for the long haul..
Oh well lets just hope my pension investment limps on.. :-(
73 Steve
I think we'll have to see more adjustments as we progress to a sustainable world. Growth is an outdated concept. Shares (currently) and the whole world seems to believe the "growth" mantra. With finite resources "growth" has to end. We need a different measure.
In 2008 the banks collectively jumped down the rabbit hole after the white rabbit and are having tea at the mad hatters tea party. They know the Red queen is about to arrive to cut off their heads.
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