Member Info for baronbog

Honestly the amount of energy people put into ranting and raving about shorting …. It’s all pretty pointless…. If you have bought in at say an average of 80p, the shorters take it down to 45p, you have no interest is selling at that level because you believe in the company … the share price rises to £1.20 and you sell … so what if it was shorted down to 45p in the interim. Are you jealous people were able to buy cheaper than you? If the shorters are trading on inside information and the company goes bust, does it make any difference to you if the shares were 75p or 45p when it went bust?

ForensicBloo

You do know that the Israeli authorities have NOT confirmed babies were beheaded and no independent verification of the claim has been provided.

Stop spreading fake news!

Wolfofwarks

ITP only applies to general insurance, not life insurance or financial services. ITP is already at 20% for some products like travel insurance etc. but is not the issue being discussed here.

The issue raised by Gary59 is, he claims it is “heavily reported” Labour is “seriously considering adding VAT to financial services”.

I am waiting for Gary59 to back up his claim.

Btw I haven’t decided who to vote for and consider them all a bunch of lying wan kers but there again voters don’t like being told the truth.

Gary59

Where did you read that? I think someone is just winding you up.

Scie

Do you know if you hold shares in your broker’s nominee account, can you transfer them out and get paper certificates? I’m with HSBC and have always had concerns at the back of my mind that if there’s a very serious property implosion in China and HSBC fall over, where does one stand? I know HSBC UK is supposedly ring fenced and so too is a nominee account, but it’s amazing how small print can always f*** u over. Must be safer holding shares in one’s own name. Have you or anybody else gone through the process?

MD

It’s not an opinion, it’s a fact that you have called this wrong in the last month, more times than you have called it right.

Just need to point that out for any inexperienced ppl who may be temped to trade on the back of your posts.

MD

You’ve got it wrong so many times now, I’m surprised you are not embarrassed?

DB

Not sure what you are talking about. I bought this year (avg £2.21) so I’m marginally up and have a 9% divi. If you were lucky enough to buy 9 months ago you are up 10% on your capital with a 10% divi!! That’s a 20% return in 9 months.

Capons

Posts: 13

Price: 45.05

No Opinion

RE: Lloyd’s SPToday 17:46

“Eaglepi You might get 6.2% but you will pay at least 20% tax..Tax on dividends are much lower..”

Only if you are a basic rate tax payer … for higher rate payers it’s 33.75% and for additional rate payers it’s 39.35%

Given the criminal complaints lodged against Rolls Royce and BAE in India, I suspect this has more to do with Modi seeking revenge against Britain (and British companies) for the BBC documentary on his conduct in the 2002 riots and Muslim community.

It’s all a bit strange given the massive subsidy we are about to give Tata for the battery plant and with a prime minister of Indian heritage, you’d expect a better relationship with India.

There is no chance of a PE bid for Pfc and is not compatible to wood group.

One is loss making, has high debt, little or no assets and a few large high risk projects

the other is breakeven, small debt, assets to strip and lots and lots of low risk (low margin) projects

Rr. is heading back down £1.20 - £1.30

Recession is coming in the autumn … rr doesn’t have the money to fund SMR capex… fx hedging still to be unwound

But the medium term future is bright (~18 months) … debt reduction, great CEO, restructuring announcement … burning platform extinguished!!

Back to 5.8% down now … a lot of volatility today .. points in time where I can’t even get a price

Calm down?
Appears to be down 8% now

Ffs … 5% down now …. More leaked info I’m guessing… can only be a right issue

No sign of Dogger69 after his/her 6 x posts before 8am this morning predicting ‘at least a 10% drop’ in sp today.
What we got was a 3%+ rise.
His track record of recent predictions for Pfc is not looking too good.

My big worry is that PFC will get bought out before the fruits of this turnaround are reflected in the share price.
How many institutions would sell out at the level of the last Rights Issue (£1.15) and move on, a near 100% premium on the current SP?
It will be 18 months/ 2 years before the new profits & cash flows really impact the bottom line (assuming the new contracts have good margins) and the debt levels come down.
It could be easily gobbled up by a big US player and we’d only get out with crumbs. Got to be lots of companies/PE running the slide rule over PFC now.
All outside our control of course with Asfari/Azvalor/Schroders calling the shots … but hopefully they’ll play the longer game and take us on the journey.

This RNS could simply be a clearing of the decks by the new CEO. These additional costs seem to be exceptional and one off resulting mainly from the pandemic and subsequent inflation.
The markets may be relieved to now know the actual figures and the sp may even rise by the end of the day?

Pokerchips

As always thank you for your valued contributions here on this board. You are one of the few who talks sense and deals in facts.

Please keeps the posts going, they are much appreciated!

TerryMC1

What a clown you are … 11 x posts this morning between 8am and 9am trashing the sp rise … and now your long?

Hopefully nobody took your advice this morning.