Hi Adam, hope all good with you. Interesting stuff above in your post, thanks, I’ve learnt a little bit there!

Thanks both

Hi G, It's legit-generated by IT. When the forum was first made available, some of the controls around email validation had not been switched on. This meant one could set up an account without a verified email. You were one of them. The link is asking you to confirm your current email. Please do so to retain your account. Regards Adam

All in sync today

Sorry I meant 20% not 25%

@Dangermouse The current indication is that beneficiary pensions within a DB scheme will be classed as outside the estate. Given that they are paid as income and taxed in the hands of the recipient as income there is already tax claimed on this benefit. It is also likely that an annuity with ongoing beneficiary payments after death would also be treated as outside the estate. The main "target" is unused pension pots that at the moment pass as a tax free lump of cash on death before 75. Cheers

We are already looking at the uranium suppliers(miners). The commodity, being the power generation itself wouldn’t be a big profit driver but the much rarer ‘product’ looks promising.

& for those of us who have spent many hours in data centres, it sends a shiver down the spine Very tidy

Thanks Nik.

Thanks from me also!

Great info Adam, here's hoping we see some good market vibes over the coming months

Hi Jim, Top marks :). We report in GBP and your USD assets, other things being equal, are worth more GBP. Regards Adam

OpenAI closed a new funding round, raising $6.6B from Microsoft, Softbank and Nvidia. This was based on a post capital raise valuation of $157B. The company is expected to generate $3.6 billion in revenue this year, despite losses exceeding $5 billion, while next year’s revenue is projected to soar to $11.6 billion.

Invest in arms suppliers! My late great uncle John was a partner in a Bradford wool mill, bought in the 1930's.....did very well selling karki and airforce blue cloth to the gubberment 1939/1945!

Debt covenants are the restrictions placed on borrowers. You would find them in residential mortgages too, such as the borrower won't demolish the house without consent and you must insure the property, etc. In this case the lender has given them a waiver because they would have been in breach of that term. SMCI is a tier 1 partner of Nvidia and we believe has priority allocation of 25% of Blackwell chips. And on that(supply), total Hopper supply in 2023 was circa 550k chips and estimated 1.8-2m for all of 2024. Recent reports (today) show an estimated 2025 supply of 3M Hopper +4M Blackwell. No one expected Hopper, 'the old' architecture to continue to increase through 2025. By the time these chips are assembled in servers they are $40k per unit. The math is interesting!

Thanks Adam, thought I was still mixing it up. Yes quai investments. Do they have an easy to use app (on top of the website dashboard)?

@dingg said in Micron report and general tech news: Thanks Adam Wondered why klac was looking a bit perky on the premarket. As are some others, could be a bit of a good day if it carries through to the close Ah well, another kick in the balls, smci potential dodgy dealings pulling the rug on semis, this time next year Rodney

Thanks. I upvoted your reply. I hope that's the same as a thumbs up .

@Nik-Burrows Thanks, I've sent you an e-mail with an additional (easy to answer) question about my DB pension application.

@Nik-Burrows Thanks Nik. Son 2 needs one soon so will look and see what exists