Member Info for Beza

What affect, if any do we think a Labour government will have on the pension industry and pension companies? Will the 25% tax free lump sum end or will they try to encourage more saving so less people have to rely on the state. Let’s face it, the state benefits and pension system in its current form is not sustainable.

Two broker price upgrades today for the Pru - £8.90 and £13.50 - sounds good to me, especially the last one.!

Two broker notes today with downgraded price targets - £10 and £11.

How do you know this Jumbo?

Strange price movement today but not complaining! It was down 7 pence early morning so quite a turnaround on ‘no news’.

Going ex dividend this week so it’ll be interesting to see where the price goes over the coming month. I think the full year is 60p / share but I stand corrected.

Much appreciated

Hello Edward. How was the AGM? Did the board treat you to any new (or any at all!) info?

You’re going, that’s great. It would be good to your opinion / reaction from the meeting. All the best

Will the management provide a trading update at tomorrows AGM? Without any positive news we look to be stuck here at below a pound.

Jolly, is your worry the country / currency more than the company?

Is the share price moving up on expected EU interest rate cuts, with others soon to follow perhaps? Abd why did a director sell over £100K’s worth the other week? He could’ve made an additional £15K if he’d held off!

This is without doubt an interesting stock to hold but are some people overcooking what the price is capable of short. Forecast eps next year is 20p / share so on a per of around 8 it looks cheap but so do many other stocks and some pay a divi too. Why the expectation of a huge share price rise? Are people expecting the earnings to keep rising and rising?

Am I right in saying that at 38p / share this is yielding about 9%?!? If they maintain the divi and the banks start trimming interest rates this will look even more impressive…

It’s frustrating. Despite the company putting out decent results / rns and the stock market rising in general, this seems trapped at around 40p. After the recent results I was expecting nearer 50.

With eps still forecast to rise to 103p/share over the next 18 months it’s not on a demanding valuation.

This is showing a forecast divi of 5.06 BDT for 2025. After converting to GBP and knocking off the extra tax I’m still getting a divi of 6.4%! Have I made a mistake in my calcs here or does that sound about right?

A fairly hefty share sale from one of the board today, 106,000 shares. I think we all prefer it when we see them buying. Although there could be a genuine reason it seems a little strange to be selling when the share look so undervalued in a rising market.

BXP has moved up a bit over the last few days and this be because it appears to have had a slight earnings upgrade. The forecast eps for 2025 has been increased a little to 14.3 BDT, which, when converted to GBP puts it on a per of about 4. Looking great value. Makes we wonder if I just add.

Excellent post, thank you. I think they are reiterating what we already know.