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· As a result, the Group currently expects to deliver FY'21 adjusted EBITDA of between £84m to £86m

· We expect depreciation to be higher than FY'20 as we accelerate the pace of our strategic change.

Depreciation costs last year were £58.6m I think, so they'll be more this year plus£10m exceptional charge for restructuring. Ther will be some interest charge too. last year it was £17.1m.
Best we can expect this year is breakeven, according to my calculations.

Final results might not be that good.

"We expect depreciation to be higher than FY'20 "

"Exceptional costs, driven by restructuring costs, are expected to be c.£10m"

Annual General Meeting tomorrow. A chance for the analysts and shareholders to be briefed about the latest developments.

Joshua Alliance has spent over £13 millions buying shares in this company in the last 3 months. Obviously he thinks the price will rise.

He paid 65p for 7,848,800 and 64.65p 3,365,000.

Sorry for typo.

Whenthe directors spend big amount on buying shares as they did here recently, share price rises in most cases considerably within six months months.

One of the greatest investors of all time, Peter Lynch, was noted as saying that "insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."

If the oil prices stabilze at current levels, then BP may rise much earlier than people expect.

BP is worth more than 400p even oil with oil at $60.

BP should be very profitable with oil at above $60 a barrel.

Once Oil price consolidates at around $these levels, the institutions should start buying in big numbers.

Oil price closing in on $70 a barrel.

https://www.sharecast.com/news/dealings-round-up/director-dealings-vistry-group-builds-stake-as-homebuilder-nails-forecasts--7832132.html

“Drill, baby, drill is gone for ever,”

Saudi Arabia just made a high-stakes wager that the glory days of U.S. shale, which transformed the global energy map in the last decade, are never coming back.

https://www.bloomberg.com/news/articles/2021-03-04/saudis-bet-drill-baby-drill-is-over-in-push-for-pricier-oil

Fitzgerald purchased 53,618 shares today at roughly 926p apiece for a total transaction amount of approximately £496,503.

Just matter of time before Brent breaks through $70 imo.

Sorry meant $68.

Oil price keeps on rising, Bret closing on $67.

OPEC+ Decides Not to Increase Output, Sending Oil Prices Soaring.

https://www.bloomberg.com/news/articles/2021-03-04/opec-decides-not-to-increase-output-sending-oil-prices-soaring

Oilp rices highest in almost 2 years.