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From a share price perspective its looking quite weak. A lack of economic good news wont help at all, even if peas are 10p cheaper than tesco. With the New CEO only just arrived another kitchen sink event is a posibility. A possible increase in inflation wont go down well for the markets either. The shareprice looks vulnerable to me.

The change in business mix seems reasonable to me, with growth coming from commercial loans rather than personal. Increasing regulation is mentioned, which perhaps is an indicator CBG will pull out of providing services if the burden is too high. Although the early share price move was down, the trend is still up for now.

I'd expect a new CEO to 'kitchen sink' any bad news. The announcement mentioned a strong pound as being an issue, which I doubt will end soon with all the talk of dollar weakness. Good company, good products, poor economic background unfortunatley.

The previous updates have shown the business is stable with firm positions in its end markets. From memory, the biggest issue was the lack of rebound in construction markets. As a result the debt level was managable but not being reducing as fast as they would have liked. This update suggests that situation is continuing. With all the economic and geopolitical issues at the moment its not suprising. Many other companies are reporting the same. Synthomers news channels shows they are very active engaging with new potential custmers, the new technology centers in the middle east and china will take a while to have an impact. The news we are waiting for is more peacful times, the big beautiful bill in the US, the big spending bazooka in Germany and a spending stimulous in China bringing end markets alive again. If bankers are prepaired to extend covenants it seems to me they are prepaired to wait. So am I. If your not prepaired to wait for Synthomers markets to improve what are you prepaired to wait for?

Deltic have run out of money to fund the investigations and work to bring the fields on stream.

It will struggle to raise debt as the debt markets are picky over who they lend to.

An equity raise would wipe out shareholders.

less than £0.5m in the bank to fund the company.

It's all in the announcement, and previous ones.

The only way out for a higher price is a higher takeover offer.

Viaro energy are activley looking to buy up assets and seem to have deep pockets.

Will anyone with deeper pockets launch a rival bid?

Otherwise its a done deal.

Wait until Q4 for the deal to close, wait for a higher offer, or sell now and move on.

I'd like to think the sell price would move closer to 7.5p rather than less than 7p at the moment.

Fair points grsshaw

:-)

Theres a wide spread. 18p to sell, 19p to buy

Interesting to watch the daily moves, but this is a medium term hold at least. The need for long term battery storage of electicity is becoming increasingly recognised. Sit back and enjoy the uptick. Strong institutional holders wont be watching daily price moves, they're waiting for the news of the next installations at scale.

Telecoms will be a defensive home for your investment, paying a nice dividend. These aren't for trading in my opinion.

@KUMS agreed.

The telecoms sphere is quite interesting at the moment. solid 'defensive' industry with yearly price hikes. With VOD going through its divestment program I'm wondering if the share price will start to react in the same way. African, IOT and fintech sides doing very well, just waiting for germany to settle down. some 'telecoms' companies are wrapped up in 'media' companies are also facing issues with a fragmenting media industry. Perhaps were in for another wave of consolidations where network providers and operators are back in favour on their own merit.

Despite the issues with talktalk the market seems to like pushing up the BT share price.

There seems to be the usual chatter about needing a takeover or selling off UK assets. Who would buy such a large asset when theres market talk of issues in the debt market. Thats the whole reason talktalk is in trouble, too much debt to service at higher interest rates. If interest rates dont fall as fast as expected theres trouble. How long before alt nets are in the same trouble.

Meanwhile the BT share price ticks up.

Gaining 3.2 million customers in one go would get my vote as long as the price is right.

Thats a huge cashflow straight to BT.

Perhaps the talktalk brand would be retired, with customers migrated to BT.

Many people cant be bothered to change providers for various reasons, so many of the aquired customers may be 'sticky'.

Nice to see BT close above 180p today

Prepare for kitchen sinking when Tjeerd Jegen arrives

With these results does it show that variety retailers are out of fashion in the UK?

How many bath mats, mirrors and fake plants do people need to buy.

The food section isn't really comprensive enough to do a weekly shop.

If this company is uninvestable, would it have theses names on its share register?

Schroders plc 13.68%

Janus Henderson 5.04%

Premier Miton 3.98%

Herald Investment Management 3.73%

After reading the recent results I'm happy holding VOD for the divi and the 'defensive' nature of telecoms. I'm not a trader so won't be looking at short term price moves. Shorts can be for many reasons not just to push the price down or an assumption it will fall.

The German unit still seems to have issues but is cash generative. The higher growth markets are exactly that. Africa will be a growth market for years to come. Better to allocate capital there rather than holding legacy assets in developed markets. The IOT and fintech part of the business are also growth sectors, with an interesting tech of 5G to space to eliminate black spots in signal coverage. Inflation is not going back to zero for a looong time, so end user price rises will continue for some time. Hopefully the share price has bottomed and a nice rise back to 100p will be on the cards with a catalyst being confirmation the german unit is back to growth towards the end of the year as stated in the results.

BT's results today show positive sentiment to the sector even if there are operational risks, but show me a business without operational risks.

Very good results.

The cost of production looks great considering the current gold price.

We should be looking forwards to increased dividends for some time.

However, the gold price is a very long way above its 200 day moving average.

We can hypothesize about world events and politics driving it higher, but surely were due a pull back in gold price at some point. with a corresponding drop off in gold miner share prices.

It will be interesting to see the effect of interest rate cuts at some point.

@250p The 'drift' lower continues. plenty of downside before "drill baby drill" comes on stream.

67Sam

Re ISA rates, according to moneyfactscompare.com

CBG are at the top of the best buy table for 2 and 3 year fixed rate ISA's.

But for 1 year fixed rate ISA and easy access savings they are well down the list, and they dont have an easy access ISA.

To me this suggests they are looking for longer term funding for the future growth suggested in the results, not desperate for cash right now to fund claims payouts.

As a bank they will have plenty of other options other than a capital raise from the equity market.

165m isn't that much really considering the doomsday scenario.

IMO

If they needed cash they'd have better savings rates at the top of the best buy tables. Especially at this time of year being ISA season.

The results were a mixed bag as expected.

With the compensation claims overiding the whole business.

The one of impairment set asside for compensation seems reasonable and was announced last month, compared to the amounts previously gossiped about.

winterflood as a whole doing ok with AUM increasing which is the opposite of other asset managers.

Plenty of opportunities for loans across all business sectors which couldn't be acted upon due to the ongoing claims issue.

Linked in with the governments growth agenda, ie lend more to good businesses.

Plenty of news from FCA etc about limiting the claims procedure.

The drop seems harsh considering the main of the cost was already announced last month.

Were waiting for the court case to be over and a return to business as usual which it will this year IMO.

Happy to hold, as are institutional investors it seems.