Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
GG,
BOD have approval to sell 1Bn value of shares ,approval expiring towards end of December 24.
The buy back of the balance could be raised at the AGM on 23 May - may not be raised by the BOD ( they have approval already ) but could be raised by a question from the floor. As less than half the 520mill buy back will not be completed by AGM date BOD may be inclined to push this out until release of H1 figs at end of July.. an early announcement could result in less shares being bought back as sp could push ahead.
Forget about the dividend SELL
This is a very strong sell over 10 euros
Another stupid question god help you
I’d say that kind of announcement would be covered at the AGM
Reading between the lines
You reckon they will give a heads up on the 480 tomorrow, John, it should negate the ex div effect if it's positive.
bankinter = ole version of revolut. no mention of current account or branches? i have had a great experience with digital banks (revolut) for fx exchange and a better version of go henry and a **** poor experience with them again revolut! for missed loan payments and a 4 month wait to speak to an actual person, again had to involve the banking ombudsman!
so not wetting myself just yet,
gla.
Hey JH, what price will the share be after H1 results
Jon Jon your the guy who can’t read between the lines Is that why your so keen for me to read between them for you
"they have approval to buy back 1 bill by year end"
"they have committed to buying back 520mill by year end."
You dont have to prove to the Board once AGAIN you have a Doctorate in Pedantry. We are well aware of this.
What the Board is really interested in is whether or not the BOD will proceed with the buy back of the 480mill balance when announcing H1 24 results. This announcement will be awaited with as much interest as the PBT figure.
Any possibility you might give us your H1 PBT prediction before results are announceed - even a "reading between the lines " figure will suffice.
You will have a field day "reading between the lines" following the Q1 interim statement next tuesday. Look forward to your comments.
Hopefully , you will stick to 1 line pedantic cynicism henceforth as you are posting to your strength.
JH, Tks for that.
Joxer22 posted the revised Davy PT of €14.60. Suspect I will have cashed out long before that price is achieved.
GLTA
Hopefully yourself and grass will be long gone by then considering your shares closed at €10.32😂
They have approval to buy back 1b by year end
They have committed to buying back 520m by year end
For now the rest is garbage talk
Ashton,
to clarify, the balance relates to 480 mill. they have confirmed the 520mill buy back which will be be concluded in 24 1 way or the other. I am hoping this will be concluded by time of h1 24 results , hoping they will announce with those results the completion of the 1 billion buy back for which they have secured approval.
Ashton,
while the BOD of BIRG secured approval to a 1bill buy back expiring in december 24 the balance of the buy back is at the discretion of the Board.As AIB have approved a 1 billion buy back and are proceeding with this through a similar reduction in the state ownership I am hopeful that BIRG will follow suit when publishing the H1 24 results at end of july.
Cuckoo,
As you are aware all corporate bodies to maximise profits tend to concentrate on their core activities.With your Doctorate in Pedantry and Cynicism you should concentrate on your 1 line pedantic cynicism.
As the q1 interim mgt statement on the 30 april will be short on specifics you will be given ample opportunity to " read between the lines".
Some of the questions on here today you wouldn’t get them in junior infants
€10.12 at close today
I guess gg and yourself are sellers @ €10.62 let’s hope it hits that really soon
The taxi is on me
JH, What happens if they haven't spent the balance of €352M by the end of July. Does the bank need to hold an EGM to renew the "Buy Back"?
GG,
is that a serious question to Kenq ? €167,947,646 spent as of 25 April with a balance of €352,052,354 to be spent which means daily buy back rate needs increasing to complete 520 mill spend by time of H1 results end of July. Share buy back totals 18,210,535 as on 25 April.
Q1 Interim mgt statement on 30 April which could be interesting especially to "reading between the lines " followers.
SP around 10.14 late afternoon but appears to finish with 10.32 at 17.57.
might see your €10.12 plus 50c with a little luck next week.
Kenq2020, how far are we thru the buybacks, do you know?
Bit of a reaction to Bankinter
From what I have seen, all forecasts have a 15-50% uplift, there's a solid dividend due to be locked in over the next few days and lots of buybacks still to take place. The only way is up! GLA
I wonder who owns Davy’s…….
GLA
I see that Davy have lowered their target price for BIRG to €14.60 (they had a target of €16.20). Their old target was way above other analysts covering the stock and their new price still seems very optimistic at almost 50% over the current SP.
Looks like some momentum on BIRG now - will be interesting to see if the gains hold through ex-dividend
Observe,
I hear what you are saying and do not expect 24 profits to exceed 23. Commercial Property was hit in last quarter of 23 and feel this has further to fall. Question is what is the Banks exposure here - I recall reading in 1 of their statements their exposure was 60% to value which serves as a cushion.
The catalyst for BIRG will be if they announce a further buy back of 480mill ( bal of 1 bill announced at 22 agm) with the H1 24 results which would result in s/holding base being reduced to c 955/960 mill. Adopting today's makt cap of 10.6bill gives a SP of over €11. would also like to see a PBT fig of 1bn plus with H1 results which would u/pin sp.