Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
You are right Aus... for now. Pension and insurance companies have massive funds on their books. The Gov is eyeing these huge funds. They will find a way to plunder this wealth thus reduce divi and private pensions more. It will not be long before the Gov spots a way to enlighten us of our ISA cash. " Oh its just a low tax amount we are going to apply to ISA`s " Yeah right. Just like VAT was.
To be honest MTI I do not trust any MP's. They would sell their mother for a seat on a company board. Probably one that's a competitor to RR to boot. First time in my adult life I will not vote at next election. Liars and word breakers and as much use as a chocolate fire guard. No wonder Guy Faulks is still celebrated.
Aus, your post is far from nonsense.
Pension companies have cost or let down customers by shrinking my/our pension pots. (-15%) So these "Professionals" what are they doing ? I can make money so why don`t they?. They have to mitigate risk I know but imho not doing a good job. -15% does not take into account inflation either, best part of 25% down. So why not safe bets like BT LGEN etc?
Part of the riddle is HM gov. Taxing company profits then having a second bite of the cherry with a tax on divi is a major negative. Perhaps the real reason shares in UK companies have stagnated over the last decade. GL Sir.
What is a riddle, to me anyway, is two well established ,sound ,British companies paying inflation busting divi`s having a poor and struggling SP. BT and Lgen I am thinking about. OK BT has a large debt unlike lgen but its investment in fibre will pay huge benefits. I always thought owning shares was to collect a share of the profits. So what am I missing? Why does a company not paying a divi, or not have one in the pipeline, have a fast rising SP? Accepted there are events in the background I miss but investments atm seem on their head. Invest money for little or no divi I just don`t get. explanations welcome.
In 2003 the Labour party was taken to court by a lefty lawyer who demanded illegal immigrants get benefits.
He won the case and this laid the ground for todays scandal of hotel and benefits for illegal immigrants.
The lefty lawyer who won the case was
KEIR STARMER.
Alongside that, its Solvency II coverage ratio - a crucial metric for insurance companies indicating their financial health - stood at a solid 230%, showcasing a surplus of £9.2bn.
That was an improvement from the first half of 2022, when the ratio was 212%.
On the dividend front, Legal & General declared an interim distribution of 5.71p, making for a 5% increase from last year's first-half dividend of 5.44p.
That aligned with the company's longer-term strategy, with the board signalling its intention to maintain 5% annual growth in the dividend until the fiscal year 2024.
This company is amazing. High divi which is still x2 covered. Hope they do not get silly ideas with surplus.
RonR,
I see your point but not sure I agree. The decline of the ftse compared to Europe and the USA is IMHO being driven by the same greedy establishment that has ruined pubs and for the same reason- HM Government. Shares and company profits are already loaded with tax. The gov are now going to have a second bite of the cherry and apply more tax to dividends. Why put capital at risk when any gains are going to be pilfered. Any SP rise hit with CGT. The government tax machine is a monster out of control and a reason why I will vastly reduce my share holding. The same maths must apply to big institutions who will not risk money only for HM gov to grab any profit. The gov is already eyeing the vast amounts held by pension companies and inventing methods to get its greasy mitts on this. Hence why I think the FTSE and all UK shares have stagnated over last decade+. There are better opportunities. Rant over, good week end all.
Retirment , you are right with builders with a fast growing population they look sound. Banks on the other hand have been by far my worst investments. Low or no divi, ppi, litigation and always the threat of Gov wind fall taxes. So the Gov justifies more tax on banks because banks withhold capital from share holders and savers. The latter two still getting the sh..y end of the stick. No more or less out of banks now but GL with your choices.
Retirment,
Its the big IF. £4 will be blown away "if" RR get SMR contract. Selling to the UK would be a start but once the tech is proven it will sell round the world and that is when SP will really surge on. The unknown factor is the UK Government. I would not put it past our unpatriotic self-servers to sell the UK down the river. Back handers and board membership at stake.
Buy backs, debt removal, good order book and service revenues will also see £4 beaten but time scale is not known. So I to have sold some RR and selected lgen which has a low imho sp and excellent divi. To be honest I don't know why lgen is so cheap 230p ish. Can not find any unseen problems there. If anyone can let me know. GL.
"In 50 years I'm sure people will look back and wonder why people were so attached to their dirty smelly ICE cars."
They might also say "those rotten g1ts from 50 years ago leaving us all these burnt out EV batteries to clean up and look at those huge holes they dug around the world we have to fill in."
Would the USA allow RR to provide its nuclear power? would they h3ll. The cowardly spineless British politicians never fail to disappoint me. RR smr`s should be already in the bag thus being a good endorsement for sales abroad. If our own gov will not back RR who will. Shameful. I wonder how many of our wind bags will end up on the boards of the American companies.