Member Info for Beza

Am I right in saying that the dollar has gained in strength relative to sterling over the last couple of months? Does this benefit Imperial?

… Tim, if the board wanted to make more shares more widely available would a share split not help towards this? And if the earnings going forward are going to be a lucrative as you believe then I’m sure the board will be doing special dividends. The Heller family own a large amount of shares - this would give them a bumper yearly bonus..

Another director / associate of makes a share purchase. That’ll explain the price movement here today.

Gas prices, which had dropped back over the last couple of weeks have risen sharply this week after Russia reduced supplies going to Europe.

I noticed an article in yesterdays press stating that West Burton Coal Fired Power Station is staying open over the winter instead of closing this September. This is to provide non gas powered generation support. The part of interest for BISI holders (potentially) was the part that said the station was looking to Africa and the US for coal supplies to replace the Russian coal which it has typically burnt in recent years…

Fair enough Mirasol, it sounds like you know more than me.
I was talking to a guy who used to be a rig supervisor (until about 2015) about the Falklands and it was him that told me that and this being the reason. I casually asked him about the Falklands with Arg in mind as I have a small holding here and I was interested in his opinion.

We’ll it’ll certainly appear cheap at those levels.

… why 59p Den?

Morning all, does anyone have any ‘back of the fag packet’ figures for profits, eps for 2022, 2023? I haven’t seen any guidance figures / broker estimates for what appears is a greatly changing financial situation.

Pardon my ignorance here but are you guys saying that the increase in the bond yield will accelerate or potentially accelerate the reduction in the pension deficit, or enable the Carclo to commit less money into the scheme. Thanks in advance.

The potential for Arg if it comes off is huge but is the risk here the fact that the Falklands waters are very deep (for drilling) and the rock / type of rock difficult to drill.

A very bullish update from BATS this morning. Let’s see how the market reacts against todays announcement that the government plans to increase the age limit for buying cigarettes.

I believe coal prices are down about 14% from their recent peak but still significantly higher than at anytime in the past few years. More info at this weeks AGM?

Bisichi also has the added twist that it is linked to the property company LAS. I think the Heller family, which is essentially the BISI board own about 45M of the 85M LAS shares in issue.

I know that Germany is returning (five I think) of its coal fired powered stations to service as it looks to source as much power as possible from alternatives to Russian gas. I believe that France has done something similar with its ‘mothballed’ coal plant but they only have a couple as the country is mainly nuclear power.

I guess that one of the disadvantages of this share over TGA is that it’s so much smaller that it doesn’t attract the institutional investors on a large scale. But if the coal price remains high for the next 2-3 years will the fundamentals ‘win through’?
What are peoples estimates for the eps here? The Heller family have a sizeable shareholding so you could say that it’s in their interest to get the dividend back to where it once was if the earnings allow.

What’s your thinking here Falky?

… I thought that in Bisichi’s recent market update they said that they had increased the life of their coal mine from 4 to 8 years?

The share price has gone up 4 fold in 20 months so it’s had a great run. We (the PI’s) need to see the 2022, 2023 broker forecasts which should make this stock at 185 look cheaper than it appeared a year ago. The downer is I think that it’s only the house broker which covers this stock.

So it looks as though the Times shares tipster is saying avoid… Let’s see what happens… I bought shares in IPF a couple of years ago (at around 50p) and I was a little worried when their tipster covered them with an avoid verdict. On good results they went to about £1:30 in 7/8 months! Let’s hope it’s the same person giving out the advice!