Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Daily telegraph says a buy. For the assets of 605p, dividends decently covered by earnings and the agreement with Just Group for £1.8 million to insure pension scheme against future payments.
Would buy existing one here . Seems to me like a mirror fund, with same management and investment convictions being set up in America, percentage of charges for new entity will revert to the existing one based in UK to help close the large discount here, depends how much the new one raises and at end of the day depends on belief if Bill Ackman can keep delivering.
Sunak before he became MP and before the incredible rise in just seven years to PM, previously was an investment banker and then ran hedge funds. It's like the government wants a non productive economy run on the mirage of funny money.
Bought some today. Don't know whether the shorting reports are balony, if not the 30% yeild and capital apreciation looks good for risk/ reward and £1200 a year in ISA will be apreciated, fingers crossed. Some way off but Trump could even be President later on this year and bound to go easier on oil produced in America then Democrats.
Hold about 20, 000 shares. Upside see good management, opereration of scale, debt reduction, possible dividend. Downside possible copycat retailers moving in to take market share on high margin sales. Good luck holders for TU update.