Feargal Sharkey
@Feargal_Sharkey
"Regularly touts on Twitter", Secretary of State for Environment, Thérèse Coffey.
ID:4001262681
20-10-2015 10:30:22
33,4K Tweets
235,0K Followers
880 Following
Sadie Thames Water 💧 less, say 5p, that's when you buy back the very bonds you sold for 10p making 5p profit in the process.
What you're betting on is TW failing, the bonds getting cheaper. Big risk. You get it right you get very rich, you get it wrong boom.
Either way company gets trashed. (2/2).
Sadie Thames Water 💧 Very, very loosely.
Let's say @Thameswater bonds (IOUs) are trading at 15p in the £, which they were last week.
You own some of those bonds, you sell them for 10p, less than market value, what you're hoping to do is drive the price down further, make them sell for even... (1/2)
This'll be fun. HSBC and Barclays are apparently shorting Thames Water 💧's bonds, betting that the company is going to collapse and is heading towards restructuring.
The vultures are feeding on the corpse.
bloomberg.com/news/articles/…
And so the political buck passing starts. It wasn't us it was them.
On the evening of 8th Nov 2021 Laura Farris MP
voted in favour of and supported govt's idiotic, failed sewage plan.
They had their chance and they blew it. The time to repent is coming soon enough.
'Failing water companies must not be bailed out by hard pressed customers.'
As always the The Yorkshire Post nails it. What a phenomenal
newspaper it is. 👏👏👏
yorkshirepost.co.uk/news/opinion/c…
'The great stink of Thames Water.' 'Meeting the company’s demands would be the worst form of crony capitalism.'
It would indeed which is why TW should be allowed to fail. Not a penny of the public's money, you hear that Rishi Sunak not a penny.
ft.com/content/6ae233…
'Get River Positive' Huh?! 🤔
I actually thought someone had made this up but it's true, it's true.
2 years ago Anglian Water and Severn Trent launched their Get River Positive campaign they were going to save our rivers they told us.
So 2 years later how's that working out? 🤣