Member Info for Alan-by-the-sea

The original message here is incorrect, no change of CEO exists.

https://lionfinancegroup.uk/leadership-and-governance/subsidiary-management/

Alan

One of my longer-term SIPP and ISA winners though I had to sell at decent capital gain over £10k non-ISA bought around this year's lows to keep within the pathetic Conservative and Labour £500 easy-admin dividend limit. Some of the forecasts seem overdue for update along with Lion Finance name on LSE.co.uk after the renaming!

Company Analyst Target price Date

Peel Hunt Robert Sage /Stuart Duncan GBP 69.50 28/02/25

Citi Simon Nellis GBP 65.00 26/02/25

Cavendish Stephen Barrett GBP 72.50 12/11/24

Roemer Capital Olga Naydenova GBP 56.40 28/05/24

Wood & Company Can Demir GBP 52.30 12/09/23

Jefferies Joseph Dickerson/ Priya Rathod GBP 59.00 22/08/23

https://lionfinancegroup.uk/investor-information/analyst-coverage/

HTH Alan

We need a bit of 100% good news this week, at the detailed operational level locally about 100 NEX coaches (up to 5700 return passengers) are expected today into their temporary terminal which has been constructed at the Racecourse. No doubt it will also serve tomorrow also but today and Saturday will be the busiest day due to minimal rail service yet again on strike days. Hopefully some City boys and girls (and their clients) will be on board and experience how things have changed for the better.

Sorry that should read payable Thursday 14 July. Hargreaves Lansdowne have provided the firm detail but I see looking at earlier posts that this could be provisional with a currency adjustment on 4 July. (Sterling weakness useful on such occasions). The summer always seems better than spring for reinvestment of dividends, will add a small amount of cash and do two normal trades, SIPP and ISA.

64.5036p per share will be payable on Tuesday 14 July 2022, price tomorrow will be adjusted accordingly.

#SD235, Thank you for getting the elusive information, spreadsheet amended. Sorry I'm aware of TBC of course but have no particular knowledge as my holding here is substantial and doesn't justify a second Georgian company, if there was I know CGEO better. Regarding areas served - Georgia, Belarus, Hungary, Turkey, United Kingdom, Israel hindsight is a wonderful thing and market has already over-discounted for this geographical mix, which is why we get such good value in earnings terms and have to leave such things to competent share-incentivised management. Markets distrust dividends over 10% and in general prefer reliable growth annually which looks entirely possible, and capital growth as well from the currtent depressed level back towards the analysts' targets posted somewhere down below.

#SD235 - "Capital distribution. At the 2022 Annual General Meeting, the Board intends to recommend a final dividend for 2021 of GEL 2.33 per share payable in British Pounds at the prevailing rate. This will make a total dividend paid in respect of the Group's 2021 earnings of GEL 3.81 per share." (Part of BGEO announcement text today)

My spreadsheet (expections only!) have had for some time Ex-Div Th 27-May-2022 Paid Fri 24-Jun-2022 but obviously we'll get the definites soon. The prevailing rate if paid today would equate to 62.4 GBp which for me is all in ISA and SIPP now rather than paying the gas bill......... We had 34.2442p last November so nicely does it and makes up for the volatility,

Like you I bought when the price got silly downwards after my GSK shares in ISA got to around its (then) year's highs and reached my target for sale, that's how diversification is supposed to work but rarely does. I managed about £9200 in one go but like I had to try multiple times as the EMS (Exchange Market Size) of 1000 shares which is supposed to be available at all times is a bit of a joke if the Market Makers just want to buy for themselves (or clients after hours). On about the 15th button push I finally got there. It's a fraction more expensive to do that but it typically attracts a lot of copycat bots following trends so it's probably worthwhile. Good luck, we're not alone as private investors but sometimes it feels like it.

"Output in consumer-facing services grew by 0.3% on the month mainly because of an 8.1% increase in the wholesale and retail trade and repair of motor vehicles and motorcycles sector, while all other services rose by 0.4%."
(Main points section- paragraph 3)

https://production.onsdigital.co.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/october2021
(Full release)

Apologies - press-style correction of source organisation name, not my usual breakfast reading :-) Posting below.

Output in consumer-facing services grew by 0.3% on the month mainly because of an 8.1% increase in the wholesale and retail trade and repair of motor vehicles and motorcycles sector, while all other services rose by 0.4%.
("Main points - paragraph 3)
Full release
https://production.onsdigital.co.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/october2021

@davwal is absolutely correct when detail perused up to Nov 2019, thank you - routine trading statement in first week of November then Final Results for the full financial year in mid-March are the norm.

https://tpicap.com/tpicap/investors/regulatory-news-disclosures then
https://polaris.brighterir.com/public/tp_icap/news/rns/story/xjqodkr
= the January "extra" Trading Statement.

But the context was simply the Rights Issue detail same day, for the Liquidnet acquisition https://polaris.brighterir.com/public/tp_icap/news/rns/story/xeqdk2x

Not the first plc to be more eloquent and forthcoming when attempting to part you from your hard-earned money :-) My break-even (ignoring dividends excluded in my broker's spreadsheet) is £1.79 now so hold and forget for now and leave powerful forces at play, pleased/relieved for now with the past couple of weeks.

https://www.miningreview.com/diamonds-gems/kareevlei-diamond-mine-process-optimisation-optimal-production/

Putting my money where my posting pen goes again, and the analysts' details that I posted point. The ISA has a full allowance now so it had to be the normal account.

Date Transaction Type Quantity Cost Per Share
30 Nov 2021 Purchase 5,115 125.99p
The bounce after this trade in late morning after a load of small algo transactions was noticeable.

The mind has to have passion taken out and the portfolio has to be secure with more conservative choices, few bargains exist when prices are extended. If your treat is a fixed price lunch in a resturant once a week, and the price reduces regularly then in no time you're dining right through Monday to Friday.....

Excluding my AIM shares (10% of portfolio supposed diversification) this is joint hardest share with LOOK to come good this century (LOOK has actually but hasn't reached its full potential yet). ITV came close but I'm up OK on that one thanks to former dividends (being resumed again), patience and a bit of luck or judgement pre-Brexit and pre-figures.

As there are no TCAP public shorters (>0.5%) like others here, I vaguely feel to be the victim of some new algo trading strategy on the negative days. Wear down holders right through the day then pick up the volume via UT at 16:35 perhaps? Seen something similar elsewhere but not aware enough to quote it. There are enough professionals here to be alert and I thank you all for mature discussion. Such tactics usually only work for short-term circumstances then self-correct.

As I said in the heading, who knows, but fantastic potential not currently realised, so only palatable if one can stomach the lousy days, average down while oversold and have patience and diversification to collect the dividends until the value is finally out via....goodness knows what scenario. The old Tullett Prebon as such and the old ICAP (and current ICP for that matter) helped pay the 2015 deposit on my current gorgeous view, perhaps TCAP can do something similar in time.

Mainly for #Alboumphoto from myself after thirty years at this game, and yes I have to agree with the first sentiment, but such is life on boards. This is just non-ramping from someone who bought both too early from August 2018 - albeit with some nice dividends - and at the right time pre-Brexit and pre-recent figures, the second one was simply because they had been worn down too cheap and the short sellers on shorttracker.co.uk & FCA - the last public one (>0.5%) the hated and determined Marshall Wace disappeared in June.

I tend to buy more value shares (eg AV. last Monday) when things get cheap and stay outside the main short sellers' lines of sight, at least for FTSE-350 companies, as I had a clear winner with DCG funding me a complete year's ISA allotment when bought out and excellent reliable dividends while I waited - some in the city just regarded the company as boring, fortunately the Canadians in the industry knew better!

If you genuinely feel that the story here is poor or that we're reaching the top of the long-term or medium-term advertising cycle or the studios will disappoint then indeed sell out - I don't hold those opinions. If things genuinely deteriorate then Marshall Wace plus more competent short sellers (Odey etc) will be back but they're not.

You may be equating share drift to someone knowing more than you and assuming it will continue, but you've either got to be able to stomach that or watch your holdings less often so they have time to grow and harvest on their costly investments. The drift can be for many reasons outside of ITV control - index funds selling when the FTSE100 drops, Euro rate, US Dollar rate, the idea held by some here "sell while a small captial gain exists", momentum following, fashions in growth versus value, fashions in different sectors, the fact that ITV is listed in London which for established businesses must "attract" some of the lowest price/earnings multiples in the developed world.

In summary, I'd rather buy a good company at a good price and get it right two-thirds of the time (with most of the rest fine after five years) than buy a very good company at an expensive price - as they often are. Enough for now, good luck whatever you choose.

This has been fairly well-covered here and by the company but for whatever reason (possibly omission in the usually excellent Hargreaves Lansdown dividend coverage) has been a subject of speculation though not by the older names here.

I can however speculate on the dates based on days of the week received in 2019, and they may well vary, perhaps by a week, AFAIK this point isn't yet decided:
Ex-dividend 14 April 2022 - Paid 22 May 2022

"We are optimistic about the future, despite the ongoing pandemic risk on our advertising and ITV Studios revenues. We know that the dividend is important to our shareholders and we intend to re-commence a progressive dividend policy based on a notional dividend of 5p per share which we expect to grow over time. The first dividend under the new policy would be a final dividend of 3.3p per share proposed at the full year results in respect of 2021."
Carolyn McCall, ITV Chief Executive
https://www.itvmedia.co.uk/making-an-impact/itv-announces-its-half-year-results-for-2021

As I hoped, this has restored things after the weak holders profit-taking yesterday. ITV is now about 8% of my portfolio with some recent purchases prior to the figures to join my long-hold pre-pandemic and pre-Brexit ones, nicely timed for a change, as it's supposed to work but doesn't always. Tthe lower-priced purchases now strongly outweigh the higher ones and I look forward to the 3.3p dividend next year (May or so). I'll try and get the full range analyst consensus later but in practice this is subscription-only info these days.
FTSE 100
KEPLER CHEUVREUX RAISES ITV PRICE TARGET TO 190 (155) PENCE - 'BUY'
UBS RAISES ITV PRICE TARGET TO 155 (150) PENCE - 'BUY' (Alliance News release at 09:47)

No idea J, but you read my mind, tempted in again for SIPP (increase from 76k to 82k), mine is the first transaction below, fascinating that a mystery algo elsewhere has copied it with an automated trade purchase six seconds later.

11-Nov-21 10:45:19 59.944 6,000 Buy* 59.30 60.00 3,597 O
11-Nov-21 10:45:25 60.00 6,000 Buy* 59.30 60.00 3,600 A

Also some useful 10k purchases dead on 60p since with sensible gaps between, looks like another like-minded individual. At this price even a slightly reduced earnings stream could support resumed dividend and buybacks, if the professionals don't want to commit or only want short-terming.

Thank you, your order has been executed:
Bought 1715 TCAP - TP ICAP GROUP PLC ORD GBP0.25 at a price of 135.7229p at about 08:48

I still see good value beyond the gaming and short-terming, I had to try four times to get this price as only tiny smaller quantities were on automation a few minutes earlier. Still no declared public short sellers (>0.5%) on shorttracker.co.uk & FCA which must remain a positive.

@Peachy111 - you will receive 30,000 x 3.3p = £990

Very good sign from the closing London Stock Exchange auction unless you're an aspiring short seller, though there are no public shorters (>0.5%) on Shorttracker.co.uk or the Financial Conduct Authority websites.
Closing Share Price: 157.16 Bid: 156.24 Ask: 156.30 Change: 1.86 (1.20%)
01-Nov-21 16:35:15 157.16 439,304 Buy* 156.24 156.30 690.41k UT