The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
£10
You are in dreamworld
Well I’d be a bp millionaire
I’ll buy you a martini when it happens
However I’ll probably be dead like
Everyone on here
You got to laugh £10
More chance of elvis coming back
For Xmas
Lol
I bought in late nov early dec so more
Profit than that
What I get cheesed off about is the dividend I bought for the capital growth but I did think divi would be reinstated up to previous maybe spread over 4/5 years.
This buyback amount is crazy- give back to shareholders and let them decide whether
To reinvest.
Also why were they not doing this at £2
I know things were tough at that point
But makes no sense buying something at
£3.50 when 12 months ago it was £2
Prefer debt reduction than buybacks
Although to be fair we have done well
There but be nice to see that around 28B
End of year then below 25B following year.
As for takeover it’s never going to happen
Any Uk govt would block or make it very difficult for potential bidder.
We may see over £4 I bought some at 4.65
Several years ago which still have the difference then to know is divi
Has to rise if you want mid £4 pure maths
Dictates this
Hi
Trust me I have 120000 shares inc Isa
I don’t want it dropping but I think
You have to be disappointed with this price
I can’t see it getting to £4 hope I am wrong
The results surely are priced in
I think price will be set by what looney blows our money on
No substantial divi increase will hold back
The price that’s obvious
Buybacks are pure waste of cash better
To reduce debt further.
Can someone explain why we didn’t buy
All allotted buyback cash at £3 levels
Why wait to be buying at £3.50/.60 levels
Hi weird pal
Well at last someone talking sense on this
Board
The dividend cut killed any chance of. Ever
Getting back to £4 never mind £5
If this gets to £5 b4 Xmas then elvis Presley
May be still alive
We can’t even get over £3.60