Member Info for AndyMD

Re the Science Day, ‘you want, because you’re asking for it. YOU DYING FOR IT??’

Https://www.bbc.co.uk/news/articles/c4g23npxpwgo

Notice St James’s place is down 11% -

‘Wealth managers were under the cosh on Wednesday after US wealth platform and custodian Altruist unveiled a new AI tax planning tool’

Is this a bad omen for NWG’s purchase of Evelyn Partners?

Buy backs have been scaled back to finance this acquisition. The markets have adjusted their expectations accordingly.

‘Echos of Fred Goodwin’…hardly!

From ii -

‘On the upside, retail meat and convenience delivered above-market volume growth of 3.1%, with contributions from all regions. Expansion via partnerships in Saudi Arabia and Canada is ongoing. Diversity in both its product offering and geographical region exists, while exposure to food is arguably broadly defensive as consumers must eat no matter what the economic backdrop.

For now, and while group challenges have increased, a forecast dividend yield of over 4% offers grounds for at least income orientated investors to stay supportive’.

Have made good money on this share in the past. I’m in!

They’re ‘fixing the foundations’ remember! Utter tripe from this already anaemic government

A possible silver lining (from an employee perspective that is) is a further dampening down of the SP come the share save option price announcement.

FT article. Labour want to milk the banks for even more tax. Imagine this will weigh on the share price until the budget.

And a lot of people have done amazingly well with it, post pandemic. So what if people are happy about that?

I’m guessing the share price drop is coinciding with a further HMT disposal. I saw this pattern last time.

Would love an announcement in the morning that the bank is buying back the final 1.98%

Possible offloading of another HMT tranche?

Yes, a miserly figure for those who had their shares consolidated and held through those grim years. Thankfully, my current gains far outstrip those relatively small loses. Onwards and upwards!

Not sure of the share price, but yes, biggest bank in the world at one point. This was parroted by senior management back in the day (I started at the bank in 2003)

Tempting as it is to cash in my shares (I’m staff) the dividend yield they attract far outweighs that I receive on. My other holdings (low option prices help!) furthermore, I believe and have read there could be further catalyst under the share price - strong results (bigger bonus pot to reflect this), large buy back, further strategic M&A, and of course shaking off the final government share. All positives. Even if the share price stalls or falls, long term income is not to be sniffed at!

Aside from your antisemitic views, what are your thoughts re the share price today?

Many colleagues will cash out when they have the chance, which will be a sensible decision for many. Don’t blame her for capitalising while the share is at its high point.

Fly baby, fly!!

Discount on SAYE is 20% of share price, taken over a 3 day average