Member Info for 2227

" total 14.5 cents per Ordinary Share for 2022."
Hopefully it'll be higher next year.

Dividends

"Petershill Partners has set a progressive dividend policy which will reflect earnings growth over time. The Board reviews the distributable reserves periodically, including consideration of any material changes since the most recent audited financial statements, ahead of proposing any dividend. The interim dividend is set to one-third of the prior year's annual dividend amount, and the final dividend proposed is set to reach the target for the year. Shareholders will be given the opportunity to approve the final dividend for the year at the Company's Annual General Meeting ("AGM").

Based on the financial results for the year, the Board has proposed a dividend of $125 million or 11 cents per Ordinary Share to be approved by Shareholders at the AGM on 24 May 2023. This dividend, when combined with the interim dividend declared of 3.5 cents per Ordinary Share, totals 14.5 cents per Ordinary Share for 2022."

Billions in the bank claims union. when NEX actually has 1.2 billion of debt.

https://www.unitetheunion.org/news-events/news/2023/march/entire-west-midlands-bus-network-to-shut-as-over-3-300-national-express-staff-strike-over-pay/

Bullish Overseas Buyers Circle UK Firms .

https://www.forbes.com/uk/advisor/investing/2023/02/28/investment-market-updates/

I wouldn't be surprised if it's bought by a foreign group, like many other iconic british companies.

National express is the most well known brand in the intercity passenger transport in the UK . It alone is worth more than the current value of the company imo.

National Express Group Could Be 47% Below Their Intrinsic Value.

https://simplywall.st/stocks/gb/transportation/lse-nex/national-express-group-shares/news/national-express-group-plc-lonnex-shares-could-be-47-below-t

https://www.railtech.com/all/2023/02/27/uk-strike-breakthrough-first-union-agrees-terms/

Shares are down for another reason. Unions are asking for 14% pay increase but NEX can't increase ticket prices, they've signed up to freezing fares at current levels until 2025 with the West Midlands Mayor.

More than 3,000 National Express West Midlands bus drivers and over 250 office staff are to begin balloting for strike action over pay in the coming days.
"The ballot for strike action opens on 8 February and closes 1 March, with strikes likely to begin later that month. "

Hopefully they'll be able sort this out without any strike.

Interim Results for the Half Year ended 31 December 2022 on Tuesday, 28 February 2023.

https://www.unitetheunion.org/news-events/news/2023/february/national-express-west-midlands-ballot-opens-strikes-would-shut-down-region-s-bus-network/

"The ballot for strike action opens on 8 February and closes 1 March, with strikes likely to begin later that month. "

Annual results for the period to 31 December 2022 on Thursday 23 February.

https://www.unitetheunion.org/news-events/news/2023/february/national-express-west-midlands-ballot-opens-strikes-would-shut-down-region-s-bus-network/

https://www.trustintelligence.co.uk/articles/fund-profile-greencoat-uk-wind-feb-2023

28/3/23 FY 2022 Earnings Release

https://www.marketscreener.com/quote/stock/NATIONAL-EXPRESS-GROUP-PL-9590116/news/National-Express-Group-PLC-Provides-Revenue-Guidance-for-the-Second-Half-and-Full-Year-2022-42818666/

https://www.theaic.co.uk/aic/news/citywire-news/james-carthew-petershill-a-complex-play-on-alts-growth

End of zero covid policy in China, stronger pound and lower transportation costs should all boost Luceco profits in 2023.

The Financial Planning and wealth management sectors have welcomed radical proposals from the Chancellor to shake-up financial services regulation via the Edinburgh Reforms.

https://www.financialplanningtoday.co.uk/news/item/15445-chancellor-s-edinburgh-reforms-win-industry-backing

UK banks have performed poorly since 2008 but should do much better after these reforms imo.