The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Sorry, missed that Bubbles but it was over 23 years ago during which time FTSE 100 has risen by 22% while Aviva has fallen 67%. A lot of ground to make up
Not to mention shareholders will probably receive the best part of £1 in dividends while patiently holding. GLA LTH's
This was £12.80 once which is over £15 today approximately allowing for inflation, so £8 in 2/3 years is not impossible. I would base that on a restructuring and transformation of the company of which it is already in the embryonic stages. This would make it a very tempting takeover proposition also.
"Thing is £8 is a real possibility"Based on what??
Highest ever SP last 10 years was 566p which, if adjusted for inflation is 642p today
Culmer is sharp and understand insurance business in detail so for me it’s a strong positive.
Redceo - when did you sell RMG?
Couldn't agree more Nuri. With a possible exception. I'm never bored when making money. Glad to see a smile on your face.
Redceo - you are spot on in terms of potential here. Thing is £8 is a real possibility. This is an A+++ investment. Boring company - outstanding results.
427..... very nice, this is what we want to see. A nice steady rise.
I got attacked by trolls elsewhere when I envisaged a share price of 550p. Thing is that 550 was a very big leap however it reached there eventually.
Here it's definitely achievable, question is when ?
Agree, as most Chairmen I’ve met only ever liked spending Company money ! , but suspect like many he sees a decent return within a reasonable short timeframe.
no guarantees in life, & plenty of BoD members can make
terrible investing decisions, nonetheless, very pleasant
indeed to see that chunky £420+K buy by the chairman.
Yeah i definitely would perfer they use all the 4 billion on buyback s i in for the long term it will the company a lot stronger
Porsche1946 Andy Briggs was never Group CEO his lost out to the Canadian and was replaced by Blanc. Briggs became Phoenix Group CEO.
Shows how little you know about the company you are ****ging off.
I'm with Nuri. I would prefer buybacks to a special div. A div would just mean the SP goes down by the same amount and would 'reward' carpetbaggers. As a LTH, it would be preferable to increase EPS via buybacks and debt reduction. Nice figures though.
It would appear that a lot of L&G holders are switching over to Aviva now judging by their respective SP movements today, and who can blame them. Another meaty rise in Aviva's SP tomorrow is likely imv due partially to the buyback programme kicking in. Happy days!!
Porsche - this dead market is working for me. Just off loaded @ £4.23 everything I've bought in the last month @ £3.90, £3.85 & £3.80. Pretty much 10% return in under a month with virtually no risk.
That'll see me through 'till nearly Christmas.
And I'll get to do it all again - well at least you're telling me I will. Doesn't matter either way. Choosing my next quality British company already.
The US bubble is not for me, but good luck while it continues.
Porsche no need to be insulting you got it wrong just move you on this not going back to under £4 and you bloody well kown it
Porsche off his Meds again.
Porsche is there a share you actually rate you seem negative on everything looking at your recent history or a shorter and talking your books. Anyway gla lth regards jack
You waste your time on Pork1946 Nuri. Imbecile clueless about investing.
Like you I think this could push on beyond £5. Held these for many years boring but solid returns. CEO appears switched on to what needs to be done now she's got her feet firmly under the table. The only downside is the market is too stupid to realise it .
Looks like the Chairman agrees with you Nuri. Worth well North of a fiver!
Porsche - you are not intelligent at all. certain parts of this business are growing 20% +. If that is not growth, I don't know what is. I agree it is definitely worth north of £5.
The chairman has got in early and has just spent over £420k!