Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Shrew, doing it your way , unless there's something to lift the markets as a whole or specific to oil then you won't have gained anything and possibly lost some as all being equal, the SP will drop by the dividend amount anyway. I'd hold and wait for it to return thereby actually getting back the dividend amount at least.
Epro, thanks for wishing chemo or a big op on me, you sound s very nice person. I don't actually wish the poor to get poorer, I wish more people would take responsibility for themselves and not expect handouts. Fulough was similar, both of us working hard while some on 80% or whatever of their wage having a holiday at home or taking a second job while still being paid for the one they weren't doing. Us posties had a joke, you could tell a non key workers house because the car in the drive was always clean!
Brixton, you're a hard worker with pride being self employed in itself says you rely on nobody but yourself. Hope your health is ok now and you can enjoy life.
EPRO , No we didn't have well paid jobs, postman for me and the wife was a health care assistant for the NHS. She was lucky enough to be one of the last to get a full unreduced final salary pension at 55. We both worked bloody hard for the position we are in now, never lived above our means and are pretty financially savvy. The fact we couldn't have children meant we refocused on saving for our freedom however long we get, you just never know. My Mrs boosted her final salary for her pension from a base rate of £21k up to £30k through sheer hard graft. By the time we are both getting state pension as well (obviously my work pension will not be great stopping work at 55) we will be financially ok for our current lifestyle. We have built up enough to bridge that gap.
67Sam. No, we will not be handing back our state pension, we have both worked hard and paid into it, don't say silly things, you knew what I meant. We have taken the £400 towards energy too. We came out of a fix deal we'd gone for just before September, because the govt announced the unit price cap for 2yrs. Now, we would probably have been better off from April 23 if we'd stuck with it after the u turn, so I feel justified in taking the £400 as compensation if you like. Mostly, I feel people on benefits are taking the micky, they can not have done a stroke of work (officially) all their lives and get a full state pension on top of their benefits. Geniune cases of people too disabled to get a job, fair enough but I see so many as a postman delivering to certain areas, who are just taking the pxxs, smoking, drinking, watching their latest big TV while I was out in the rain and snow delivering their mail. Since Brexit, people who are unemployed should be forced to do the jobs left vacant by those forced into going home.
Brixton, people just spend with no thought of the future, then when they haven't got enough, want somebody (the tax payer) to bail them out. It infuriates me. Why the hell should pensions and benefits go up by inflation when the rest of the working population have got 2/3/4% raise if they're lucky. We're in a society where people earning but claiming child tax benefits are getting well over £1k towards cost of living. It's crazy. We've got no kids, have saved and invested like crazy over the last 10 yrs and we're in a position to stop working at 55 yrs old. We do not expect anything from anyone, we've planned well and hopefully will be ok. If only the govt and most people were the same.
I sincerely don't think anyone posting on here is qualified to give advice including me. What's your point?
If you bought this morning, get out now with 5% would be my advice.
Dowsie, either you or your com are telling porkies as you will have seen the literature we have this morning that states they don't even know the EVR terms until consulting cwu and won't know until December so you may be disappointed if you think you'll definitely get gone with £14k.
Anger, ok £125m in July, when they were making huge losses, which a good CEO shoulder surely have seen coming last winter when they paid the big payouts. Anyone in the business could see covid was a one off bonus and they went and spent it on the divi instead of the workers who got them through covid.
Peaky, please don't post stuff like that if you have no idea of the roll of s postperson. Which you obviously don't.
I'm not talking about the top management......or maybe I am, given that they approved and paid a £400m dividend out of a company midway through a period where they knew they were making substantial losses.
Potential good news if you were going to leave anyway. Not so if you want/ need to remain because the roll of a postie is going to get even worse than it is now I fear.
Skoda, it already says in the rns that the legacy VR arrangements are un affordable.
I would hazard a guess that if they offered even 6mnths pay as VR they would get 6000 posties putting their hand up and waltzing off into the sunset with a smile on their face with 10k in their back pocket off to the job they were going to go to anyway. Will be interested to see exactly how much they have in mind for VR as they have said it won't be what they used to offer.
Casper, with respect, you have no idea of the job obviously, if you think we're too lazy to work.
And IAG wasn't too shabby today either.
Gary, I can tell you now that there's no way a FTSE company will have a 19% dividend yield. Either the SP has to rise or the divi had to be cut in half at least. Image the carnage come ex div day when the SP dropped 10% twice (interim and full). Either way you'll be okay long term I think at these prices, just don't expect a 19% dividend.
The whole FTSE is behaving like an AIM oiler who has an imminent drill result. It's crazy. Anyone else think kwartang is playing the markets for the benefit of his hedge fund buddies?
I don't know Paddy's political persuasion but I don't think it's a Labour /Conservative thing now. It's a Truss/ Kwarteng vs ANYBODY who would be better. God knows why Rishi didn't get in? We would be in a much better place now.