Member Info for bald_eagle

NSC, so is the Times looking at taking ones pension pot & investing in the likes of LGEN rather than purchasing an annuity?

I'm not sure why one would limit oneself to annuity providers rather than just other forms of investment e.g. gilts, funds, shares in other sectors & regions of the world, bitcoins, etc etc. I suppose it was to highlight that annuities aren't always the best option.

NoloServileCapis, I'm with you. Hopefully LGEN will benefit from the increased interest rate environment and the market will realise that at some point.

" I can see signs of Vultures starting to gather over ITV HQ."

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Presumably that is a reference to 'Vulture funds' rather than the bird that circles dead animals!

Having a hedge fund show an interest could give the SP a boost....so bring on the Vultures!

A progressive dividend policy certainly isn't helping the SP so far....or perhaps the market thinks the dividend isn't safe?

A sustainable dividend policy built upon increasing profitability surely makes more sense, although I suspect the management are slightly trapped by the size of the dividend.

Very quiet on here....any explanation for SP fall, or is this to do with news from peers in US.

Let me think.....it wouldn't have anything to do with ex-div date on 18th August, would it?

This is a dividend stock, the SP is driven by the dividend payment dates.

"As per my example removing £1bn from the value (from the balance sheet) of the business and reducing the number of shares in circulation to the same value simple maintains the status quo."

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Zac, couldn't one use a similar argument against dividends?...reduces the value of the balance sheet. Hence the loss of capital we have experienced with LGEN possibly.

At least with a share buyback the number of shares decreases, and if the stock is undervalued in the long term it could be quite beneficial.

The problem for LGEN is that it might be viewed as a dividend stock with negligible SP growth.

"...But for me, as a shareholder, I'm no better off."

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Zac, I might have missed something. You say that number of shares in circulation decreases, so for a given profit the EPS increases....surely that is a good thing that should benefit shareholders. I'm assuming that there is some correlation between EPS and dividends....also EPS and shareprice. Increasing EPS 'should' in an ideal world mean increasing SP and increasing dividends (due to dividend cover staying the same)....is that not good for shareholders? Or have I misunderstood things.

And when the SP is 'undervalued' the share buyback money gets more bang for its buck.....hence why they make more sense when the SP is 'on its bottom'! (rather than when the SP is at its peak).

"....unless the SP is totally on it's a*se."

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Anon, I may be an eternal optimist (I'm not btw) but I hope LGEN hasn't got much further to fall. So I would say the SP is 'on it's bottom' or fairly close!

I'm not generally a fan of share buybacks either because it smacks of management without ideas that don't know how to meaningfully invest in the business for growth. But for LGEN I feel it is 'almost' a no-brainer with the current SP.

Someone recently suggested LGEN had the opprotunity to invest in new markets in Asia due to Brexit opportunities. I would much prefer a boring but 'safe' share buyback than invest a large sum in a speculative pig-in-a-poke overseas investment in a market where they have no experience...but I guess I don't see the Brexit opportunities that some do and can only see Brexit risks so far. That's my 'eternal optimist' persona torn to shreds!!

Loss of capital is something that needs to be addressed by management. An obvious first move would be to introduce a very sizeable share buyback scheme....after all if the BOD think the SP is significantly undervalued (hopefully they do!) then now would be a very good time to buy & cancel shares to boost EPS.

I have a hunch that financial stocks may get more investor interest in the coming years....zero interest rates are 'probably' a thing of the past. Cheap money & QE has had its day....but what do I know?!

"Aspirational but unlikely to be reached anytime soon ;)...."

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Traffic jams don't last forever.....and once things clear up and get moving again the 50mp speed limit on the motorway soon becomes a distant memory as you accelerate to 70mph....of course I don't condone speeding but I have heard that some petrol heads even go as fast as 80mph!! (can the human body survive such velocity?)

Of course if you're approaching Dover the speed restrictions may be semi-permanent but I'm sure that has nothing to do with that B-thingy(!!)....just a zany coincidence.

"hard to believe though that we are still getting these unnecessary wars such as in Ukraine"

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Robleo, probably the opposite....it is amazing that we have avoided conflict for so long. But on a positive note, it's good for defence stocks!

"Cheers guys, but unless ai can make me rich....., i think i will give it miss,"

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Robleo, the problem is that very soon you won't be able to "give it a miss". In the not too distant future AI will become more integrated into society. It reminds me of when Bill Gates predicted that the internet wouldn't be a 'big thing', so Microsoft would 'give it a miss'....within a few years he had changed his mind.

DavidBrent, I was going to reply about your experience with AI in bank customer service, that is I doubt it would be the latest version of AI that so offends you.

"Some people just need to stop reading the Daily express and Daily Mail...."

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I used to read the Telegraph occasionally....but looking at some of the headline pieces they are writing now it is almost Trumpian how they are playing mind games with their readers and twisting the facts (especially on Brexit related issues).

There seems to be a war even within 'quality' journalism on how to spin the facts to suit an editorial agenda...perhaps it was always the case but I have never noticed it before, or perhaps never been interested before!

Where America leads we follow and it seems the world of culture wars is coming our way....buckle up and enjoy the ride!

"Always look on the bright side of life. "

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What were the Romans doing to them when they sang that song. Is that what Ofer is doing to us?!

I don't think the Disneyfication of financial descisions or analysis is a good way to invest. Sometimes you have to be pragmatic & is it always best to be honest with oneself.

BTW all we are saying is that the news from TRMR is lacking...especially when a few months ago Ofer said he would try to improve communications with investors.

".... we don't have much to talk about."

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Jrlse, that's my point.

We are having to make the most of every crumb of news, even if we have to find it ourselves. There is nothing from the company itself...radio silence.

Perhaps TRMR has always been like this. Ofer has promised to beat the drum of TRMR but either he isn't very good at it or his drum beat is very soft.

I think he knows he gets paid regardless of what he does, so he has no incentive.

It's a sign that we are talking about a court case when really it is a minor distraction. It would be better if we had good news to discuss about what TRMR actually does!

Never a good sign when a court case defines a company....I hope that isn't the case with TRMR.

If there is a big settlement in favour of TRMR I wonder how much shareholders will see of it.....not a lot.

To some extent you want to stay on speaking terms with people because you still want to do business with them.

I expect lawyers will get the biggest piece of any pie.

" or maybe whar shares will profit from... 1 global warming 2 ai"

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I suspect investors in LGEN want part of their investment pot in a bread & butter stock. Death & taxes. Or in LGEN's case: people get old, they need a pension, they die.