Coronavirus - A pale horse,4 men and ....beer

[Emmson]

I would never trust that cruel tyranny to be transparent, Chinese critics of their government handling of the crisis have began disappearing.

[Archery1969]

I would never trust that cruel tyranny to be transparent, Chinese critics of their government handling of the crisis have began disappearing.

Well i hope this one isnt true otherwise its pretty sick.

"Woman Says Coronavirus Patients Cremated Alive"

https://www.youtube.com/watch?v=DU5Vu7XBpzg

[jamesg46]

You better get up for than run tomorrow morning guys, you're gonna need to cleanse your lungs with that crisp air... you're gonna need your lungs on this one.

[Archery1969]

"Funeral Home Worker in Wuhan: We Are Working 24/7 to Cremate Bodies"

https://www.youtube.com/watch?v=aC1HenCFmbc

[Archery1969]

"As countries around the world ramp up efforts to combat the coronavirus outbreak, officials in China are saying the situation is easing up, but inside sources say otherwise."

https://www.youtube.com/watch?v=rKyYFXguARE

[greenmark]

Seems to me that CV has become a political issue. No govt can be seen not to act, so they're all going bananas.
I totally support action to protect the vulnerable, but every day I see people not doing it.
And that infuriates me.

[jamesg46]

Seems to me that CV has become a political issue. No govt can be seen not to act, so they're all going bananas.
I totally support action to protect the vulnerable, but every day I see people not doing it.
And that infuriates me.

I was & still am worried about this, it's all about doing the little things... Kaizen is been overlooked, The old are the most vulnerable because the young are the most selfish

[greenmark]

Seems to me that CV has become a political issue. No govt can be seen not to act, so they're all going bananas.
I totally support action to protect the vulnerable, but every day I see people not doing it.
And that infuriates me.

I was & still am worried about this, it's all about doing the little things... Kaizen is been overlooked, The old are the most vulnerable because the young are the most selfish

Kaizen being 'continual improvement', I think the young are not being adequately informed about the importance of their role in this, so don't blame them.

[superfrank]

The Federal Reserve has taken emergency action and slashed its benchmark interest rate by a full percentage point to nearly zero and announced it would purchase more Treasury securities to encourage lending to try to offset the impact of the coronavirus outbreak.

The Fed also said it will purchase $500 billion of Treasury securities and $200 billion of mortgage-backed securities to smooth over market disruptions that have made it hard for banks and large investors to sell Treasuries.

Welcoming the move, Donald Trump said: “It makes me very happy. People in the markets will be thrilled. I’m very happy they did it. I congratulate the Federal Reserve.”

US stock futures limit down despite the massive stimulus.
https://finviz.com/futures.ashx

[alexmr2]

Have any of you guys put German & UK figures side by side? Something doesn't seem right, Germany has around 5k positive cases and 11 deaths... the UK has around 1100 cases and 31 deaths. Surely this is backwards, I'm no mathematical genius but something about that strikes me as odd.

Maybe Germany has a much better health system whereby people recover more often.

The average age of the UK population is 40 against Germany which is 49 - they're seriously outgoing us on fitness if they're healthier in general.

Maybe due to the way they do the testing or gather statistics like someone else mentioned but I wouldn't be surprised if this was the case. I have known a few European people over the years and their fitness lifestyle and diet seems to be hugely different to the typical British person. Compare the looks of the average European women to the average British one and you will see

A German flatmate I had said that the supermarkets here seem to be designed to kill our own people with all the sugar and unhealthy items at cheap prices whilst healthy food is more expensive and this is the opposite in Germany. My Polish friend thinks it's mad that we have cereals full of sugar for breakfast, butter/margarine in sandwiches, skip the fruit and veg aisle etc.

I just moved to the north where people go out binge drinking all night or drink every day, smoke 20 a day, take drugs, eat takeaways/kebabs more than once a week, need mobility scooters by age 50. I wonder if in Germany there are schemes where a large population of the people live like this

[firlandsfarm]

Flutter profits warning this morning …

"In order to assist in the quantification of the impact on the Group [of CV] at this point, we estimate that in a scenario where restrictions remain in place until the end of August (including full suspension of Australian sports and the cancellation of Euro 2020), EBITDA for the Group would be reduced by approximately £90-110m.

https://www.marketscreener.com/FLUTTER- ... -30165737/

[wearthefoxhat]

Flutter profits warning this morning …

"In order to assist in the quantification of the impact on the Group [of CV] at this point, we estimate that in a scenario where restrictions remain in place until the end of August (including full suspension of Australian sports and the cancellation of Euro 2020), EBITDA for the Group would be reduced by approximately £90-110m.

https://www.marketscreener.com/FLUTTER- ... -30165737/

More pain....first 15 mins today....

15mins.png

[Euler]

Flutter Entertainment plc (the "Group") provides the following update regarding the cancellation and/or postponement of multiple sports fixtures globally.

In recent days, many national governments and sports authorities around the world have made the decision to postpone/cancel high attendance sports events in an effort to delay the spread of the COVID-19 virus. This will obviously have a material impact on the revenue and earnings of the Group which, in 2019, generated approximately 78% of its revenues through bets placed on global sporting events.

Quantifying the precise earnings impact on the Group is difficult at this point as we do not have visibility on the duration of restrictions on sporting events. While most major global sports have been suspended/cancelled, there are some exceptions where events are now being scheduled to take place behind closed doors. These include some Australian sports as well as Irish and Australian horse racing - we have provided full details of the sports affected in the Appendix.

In order to assist in the quantification of the impact on the Group at this point, we estimate that in a scenario where restrictions remain in place until the end of August (including full suspension of Australian sports and the cancellation of Euro 2020), EBITDA for the Group would be reduced by approximately £90-110m. This estimate assumes that our UK and Irish shops remain open and that scheduled UK, Irish and Australian horse racing fixtures continue to run, albeit behind closed doors. Should horse racing be cancelled in the three regions and our UK/Irish shops be closed, we estimate that this would incrementally reduce Group EBITDA by approximately £30m per month.

[Naffman]

It seems some racecourses in the US have "ended their season early" - I could maybe see the Aussies doing similar later on but I feel the BHA are trying to do everything they can to stay open

[wearthefoxhat]

It seems some racecourses in the US have "ended their season early" - I could maybe see the Aussies doing similar later on but I feel the BHA are trying to do everything they can to stay open

Yep, maybe influenced by the upcoming Grand National.