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.
Dividend, reducing debt, positive trading updates and adherence to growth targets with further relationships and progress towards the omnidirectional sales should encourage a PE of more that 6... Of course, we need to see how closely CF is delivering on this.
We all love gambling, that why we are here :-)
Well I hope you are right Stach… I actually don’t think there will be any new news on profits as we already had the end number more or less confirmed in January … and I’m guessing they can’t pay dividend for FY24 due to restrictions… so I’m not sure we will get a significant bump… but hopefully a rise to 1.10 ish and stays there to give holders some faith. I guess an upbeat trading update for Mother’s Day and Easter would be needed to ensure this happens… otherwise it’s a wait till mid year where there is a likelihood of dividend announcement
Mrmarkyw, time will tell if I was right to sell when I did, but I wanted to the money to invest into more aviva as their dividend is due soon. I sold just prior to the new tax share. I have money in my ISA due to the new tax year to reinvest if I see a reason to do so, therefore, I'll definitely be keeping an eye on this board :)
Good luck with your holdings
I cannot see any reason why dividends aren't effectively accruing from 1st Feb this year. The dividend policy was mentioned a while back and the financial conditions clearly support reinstatement of the dividend. It would be odd not to mention this in the statement accompanying the year end by way of confirmation, which normally also gives brief information about the current year in progress as well.
Ok but surely the best they can do is say something like “if performance continues as per expectations then a dividend will be resumed”… which I don’t think will be enough for a big bump… but if they say with all loans paid off in respect to FY24 so their is trading surplus and a special dividend “… they did have 27m in the bank at half year …
Hi Graham, from a personal perspective, obviously I hope you were totally wrong and sold too early, as I’m still holding, lol!I don’t blame you for selling and making a profit, as you have other avenues to pursue. From past mistakes, when I first started dabbling, mainly through greed and fomo, I now set a share price target and when I get there I sell. Obviously this is monitored because circumstances change on a daily basis, you really do need to do your own homework and not be swayed by the constant pumping and de-ramping you get on these share forums, but you can pick up the odd great tip here and there. I’m hoping this will get to the £1.20 mark and soon and then I’m out, but as you know those pesky mms are out to destroy this share!!! Anyway well done for making an profit and good luck with Aviva, have kept an eye on that and legal and general for sometime now, but I’m quite tied in banking stocks at the mo, cheers.
ODD miles more buys and not moving
According to some sources (I don't have access) Liberum released a Buy recommendation with a target price over 170p. While they are not quite independent and have been pushing CF for ages this would be a big increased in their previous target price. Also, I believe there have been some purchases from members of the BoD.
Liberium said 1.65 I think… peel hunt are at 1.25… Doesn’t seem to be too many analysts covering it
I was told 175p... Either way it's a long way up from 95p!
There should be no real surprises with the actual FY results : Revenue £500m plus ; PaT around £50m. CBILS & Tranche 'A' debt repaid but not able to pay a final dividend for FY24. What I really do want to have in the 30th April announcement is something very clear about dividend in FY25 ... ideally I'd like them to announce a 'special' div in May to recognise the 'patience' shareholders have shown in the company through COVID etc and that interim and final divs will going forward be announced in Sept & Apr with the stated desire to exceed 2019 dividend very soon
Sounds good to me. Wish you were on the BoD!