Member Info for bendipa1

7 year high, actually. The last time the sp was at this level was late March 2017. It was on the way down then.

If you looked at the financial stats over the past 5 years, you might know why the share is a dog. The Fool tipped this share a week or so ago.

I would not go there, folks.

Jumping on a bandwagon and sheer waste of resources in most cases.

Yes. It is the Fool and they're talking sensationalist b0110ck$ as they frequently do. The sp hasn't 'tanked' as they claim. What happened is that the sp has been adjusted for a big rights issue, ie the sp is now xr. Before rights announcement it traded at near a year high.

...and Hargreaves Lansdown can not sell the irish shares...

===============================================

That's not true. I recently sold half my holding through HL, (my broker).

https://imgur.com/dA7kKYk

"What I said was that buying back shares and cancelling them would increase the EPS and reduce the P/E, all other factors being equal.What I said was that buying back shares and cancelling them would increase the EPS and reduce the P/E, all other factors being equal."

======================

Increasing the EPS by a share buyback, only works in a snapshot. Unfortunately LGEN has shown a sharply decreasing trend in EPS for the last 5 years. So, unless you believe this trend is about to be miraculously reversed, this buyback will have little to no effect on EPS medium term.

https://tinyurl.com/2w5dmdvm

Diddly-diddly-do.

https://tinyurl.com/2w5dmdvm

[url=https://tools.morningstar.co.uk/uk/stockreport/default.aspx?tab=10&vw=fs&SecurityToken=0P00007OJS%5D3%5D0%5DE0WWE%24%24ALL&Id=0P00007OJS&ClientFund=0&CurrencyId=BAS]DiddlyDoo[/url]

"Going forward, LGEN is not a growth stock any longer.... think this stock is going to stagnate over time u less it cuts thus dividend by 1/3."

====================================================================================================

Agree with both those statements. LGEN hasn't been a growth stock for at least 5 years. and cannot afford to pay this level of div, without resorting to borrowing; a bad idea. A share buyback will just make things worse as they would be pouring valuable resources into trying to artificially boost EPS, when it's the decline in their business that needs fixing. Get EPS to grow organically, and then we'll see the sp rise,. Unfortunately share buybacks has become a trend for many companies with stagnating businesses, and it rarely helps to improve the sp.

Diddly-diddly-do.

Let's hope it (a bid) doesn't materialise. I just moved my ISA to HL in February, and wish I had done so years earlier. I have to say that so far the service has been pretty good. The online interface is better and easier to read than my previous broker's. I hate cluttered-looking websites. HL always respond to any secure emails I send them within 24 hours (I had a few queries for them at the beginning).

All I can say is stay as you are, and keep up the good work, HL

"A large chunk of profits comes from trousering interest on clients’ inactive cash on which the FCA is probing, so “sustainable...”

=============

Aw, deary me This is such BS! They ALL do it.

My previous broker did not pay ANY interest on inactive cash until fairly recently. And HL pay a higher rate of interest than them, even now. Their commission rates are the same, except HL have decided to reimburse up to £100 commission from 1st May to 30th June, although you'd have to be a fairly active investor to take full advantage of it..

BEGB is at a 2 year low actually, but it's difficult to see why.Almost worth owning just as an income stock alone.

Sold half my holding today. Pleased to see the sp back to pre-xd levels so soon. I don't believe we'll see that big a drop in interest rates, nor that inflation is no longer an issue. Don't think we'll see 300p or above anytime soon, especially if the FTSE has a correction, which I'm fairly sure will occur sometime this year.

'The vaccines being extremely dangerous for your health was all conspiracy theory 2 years ago if you lap up msm propaganda.'

================

Except it wasn't the MSM who were putting out dangerous anti-vaccine conspiracy theories. That was mainly down to social media sites, like Twitter, Youtube, etc.

'Thank god I didn’t take it.'

======================

What? The vaccine or the propaganda surrounding it.

============================================

'Vaccines are not for your health'

============================

Really? If that were the case, then the drug companies manufacturing them would soon lose out hugely financially if their vaccines did not benefit society in the way they were intended to. Think of the cost of R&D alone that goes into the production of vaccines.

The main reasons for their disastrous performance over the past 15 years is the banking crisis of 2008, plus in Barclays case their almost continual involvement in financial scandals from money-laundering to LIBOR rigging to tax evasion. They've had 3 disastrous CEOs in succession, namely John Varley, Bob Diamond and Jes Staley, all of whom were embroiled in scandals and had to resign.

The latest CEO, C.S. Venkatakrishnan is the first one since the banking crisis who has so far managed to remain scandal-free in 2½ years. Let's just hope things continue to stay that way.

https://www.theguardian.com/business/2021/nov/01/discredit-history-10-years-of-barclays-scandals

==>'Why wasted?'

Because they spent £50m on this exercise at approx 240p average. So RWS is currently worth approx £17m less due to this nonsense. So many companies fall for this share buybacks. Sometimes it works out well in the case of large companies going through a temporary rough patch. But in the case of small companies on the back foot, with a sharply declining sp, it's rarely a good idea and looks desperate.

Certainly an ex-growth company, that's for sure. They were well over-valued 2 years ago., with the sp having now crashed by over 70%. The question is whether the business will continue to deteriorate with revenue now forecast to fall for a second year running, and £50 millions wasted recently on a fruitless share buyback. Not good!

Quite agree. Results were unexpectedly poor, with an operating cash outflow of -£14.2m against last year's inflow of £20.5m. They should not be hiking the div, cutting it would be prudent.

May as well buy this for the income if nothing else. Div more than twice supported, and low net gearing. Currently yielding > 6%. Bought some yesterday, and will buy a lot more if they fall < 50p.