20 mins ago


Occupation: Other

Interests: Property, Stocks

Location: UK

About Me:

"Well yes. Yes. Of course, it's a bit of a jump isn't it? I mean, er, chartered accountancy to lion taming in one go. You don't think it might be better if you worked your way towards lion taming, say, via banking?"

(Monty Python, December 1969)

Except I wasn't an accountant, nothing so interesting as that. Nowadays I'm living off my portfolio, having finally quit my job.

Lion Tamer's Latest Comments

> "If someone could at least put a page up so we can all discuss the days news that would be great." Great idea. Paul, enjoy the time off. Thanks for all your work and commentary, not only for the company news but the educational asides too. Like all your readers, I owe you a lot for the enhanced knowledge & insight I've gained. The…

Thanks bestace, I did not see that! I've purchased a few today, after some top slicing elsewhere.

Re Patisserie Holdings (LON:CAKE) My first dumb question of the day... why does the balance sheet show trade and other receivables of £11,004,000? I could not see an explanation in the narrative or notes. It seems a lot for a business selling only products usually purchased with cash, or do they sell cakes on easy terms; pay nothing now and pay the balance over six…

Thanks Ramridge, thanks Housemartin2, also TMFMayn I'm not sure I'm yet 100% comfortable that I fully know how the Norcros actuaries account for the age of the membership, although it makes sense that there is some matching of liabilities. Nevertheless I'm going to hold, firstly to keep interested while I see how this plays out and therefore learn what happens to a pension scheme as…

Thanks for the link Imran. Does anyone understand pensions enough to help me with this ... One point I missed in the RNS that was covered in the video was the average age of pension scheme members is 77, so I assume the pension scheme liabilities will be closing down a little each year from now on. I'm not sure if this information changes the…

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