The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Aviva confirmed that it had sought bid for the Singapore business following a thorough review of its options, but added that it now believed holding on to the subsidiary would ensure the best value for shareholders.
The Chinese joint-venture will also be retained due to the scale of the market, excellent relationship with its partner COFCO and high growth prospects.
The company said: "Aviva's Singapore and China business units delivered double digit operating profit growth in 2018 and are earning attractive returns. Both countries are expected to pay dividends to group centre in 2019."
https://moneyforums.citywire.co.uk/yaf_postst6678p64_OH-NO--NOT-BREXIT-AGAIN.aspx
Why are you changing how often you pay dividends?
Lloyds Banking Group has announced that it will move to the payment of quarterly dividends in 2020, with the first quarterly dividend in respect of Q1 2020 payable in June 2020.
The Group has c.2.4million shareholders, the vast majority of whom are retail investors, and this approach will provide a more regular flow of dividend income to all shareholders whilst accelerating the receipt of payments.
In what months will you pay quarterly dividends?
The new approach will be to adopt three equal interim ordinary dividend payments for the first three quarters of the year followed by, subject to performance, a larger final dividend for the fourth quarter of the year. The first three quarterly payments, payable in June, September and December will be 20 per cent of the previous year’s total ordinary dividend per share. The fourth quarter payment will be announced with the full year results, with the amount continuing to deliver a full year dividend payment that reflects the Group’s financial performance and our objective of a progressive and sustainable ordinary dividend. The final dividend will continue to be paid in May, following approval at the AGM.
world trade / h,kong /asia is not going to affect lloyds its money is mostly tied up in uk mortgages so as already
Lloyds announced there going to be a bigger last minute ppi claim so the results may see more defaults and profits a bit lower due to brexit worries , WE ARE NOT GOING OUT ON A NO DEAL, everybody knows the country can't afford it .
with interest rates so low defaults may not be to bad . so in my apion the results may not be great but also they may not be that bad think long term .
The bank, we hasten to add, has not announced a cut in its divi but it has suspended a share buyback programme that was supposed to consume £1.75bn of its surplus capital. So far £1.15bn of that money had been used to repurchase its stock.
This is what i am doing. holding my shares for the dividend and long term which may only be a year once ppi and brexit is out the way this share is going to spiral , i have been in and out of this share several times over the last 5 years
never seen a £1 yet but once the fog clears the only way is up i am going to copy this and see if i am right 12 months from today 25/10/2020 Barclays SP today after ppi last minute serg UP
Broker Forecast - Berenberg issues a broker note on Coats Group Plc
Berenberg today reaffirms its buy investment rating on Coats Group Plc (LON:COA) and cut its price target to 90p (from 100p). Story provided by StockMarketWire.com Broker Forecasts data provided by...
15 August 2019 10:20
Coats Group profits rise on improved margins
Coats Group reported a rise in profits on improved margins despite mixed conditions in underlying retail and industrial markets. For the six months ended 30 June 2019, pre-tax profits rose to $100.8.1m from $79.8m...
01 August 2019 08:26
THURSDAY 31/10/2019 12.10P PAID ON 6/12/19
you can buy the shares up to Wednesday 30/1019 before close of business and get the Dividend
YEAR HIGH 545.5 d y = 3.54 %
below buy report when price was 484.8 it's now around 471.6 buy
BUY
Last Close:484.80Change:+1.20Percent change+0.25%Signal UpdateOur system’s recommendation today is to BUY. The pattern finally received a confirmation because the prices crossed above the confirmation level which was at 483.60, and our valid average buying price stands now at 484.80. The previous SELL signal was issued on 18/10/2019, 4 days ago, when the stock price was 484.99. Since then ASHM.L has fallen by -0.04%.
THURSDAY 31/10/2019 12.10P PAID ON 6/12/19
you can buy the shares up to Wednesday 30/1016 before close of business and get the Dividend
below buy report when price was 484.8 it's now around 471.6 buy
BUY
Last Close:484.80Change:+1.20Percent change+0.25%Signal UpdateOur system’s recommendation today is to BUY. The pattern finally received a confirmation because the prices crossed above the confirmation level which was at 483.60, and our valid average buying price stands now at 484.80. The previous SELL signal was issued on 18/10/2019, 4 days ago, when the stock price was 484.99. Since then ASHM.L has fallen by -0.04%.
Thu 10 Oct 2019 09:40
Broker Forecast - Barclays Capital issues a broker note on Savannah Petroleum Plc
Barclays Capital today reaffirms its overweight investment rating on Savannah Petroleum Plc (LON:SAVP) and raised its price target to 37p (from 31p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk
Positive outlook
Reporting on Friday was oil and gas company Savannah Petroleum (LSE: SAVP). The company released its full-year results for 2017, with it being a transitional year for the business. The company was able to create a full cycle exploration and production company following the acquisition of assets from Seven Energy. This is set to improve the future cash flow of the business and may even equate to dividend payments in future years.
Improving cash flow may also create additional investment capacity for the business and could allow it to ramp-up its exploration and production activities. The company is due to deliver a black bottom line in the current year and follow this up with growth of 33% in 2019. Despite this, the stock has a price-to-earnings growth (PEG) ratio of just 0.3, which suggests that it offers a wide margin of safety at the present time.
Of course, the oil price could experience a period of volatility, which could affect valuations across the oil and gas sector. But with such a low PEG ratio, Savannah Petroleum could offer an impressive risk/reward ratio for the long term.
Low valuation
i am a bit concerned about q3 results ,we have already had a warning of lower profits
and t expected to take a non-cash net impairment charge $2bn-to-$3bn in its third quarter 2019 results. so the question is , when the results are announced is there going to be a big drop in the share price ? or do you think it's already been priced in
11 October 2019,
Oil giant BP said it expected complete a planned $10bn of asset sales by the end of the year and ahead of schedule, while also warning of lower production in the third quarter.
The divestments included the $5.6bn sale announced in August of BP's Alaskan assets to Hilcorp.
They also included the sale of four packages of legacy gas assets from its US Lower 48 business.
BP said the deals comprised the majority of a two-year divestment programme planned to complete by the end of 2020.
As a result of the sales, the company said it expected to take a non-cash net impairment charge $2bn-to-$3bn in its third quarter 2019 results.
Third-quarter production, meanwhile, was impacted by turnarounds in some of the company's highest-margin regions, and output in the US Gulf of Mexico was significantly disrupted by Hurricane Barry, with facilities shut down for around 14 days.
These factors together impacted BP's third-quarter production by around 100,000 barrels of oil equivalent per day, with the overall production mix having a higher proportion produced from higher-tax regions.
As a result, BP's underlying effective tax rate was expected to be around 50% in the third quarter, significantly higher than in the second quarter.=
The full year 2019 tax guidance of around 40% remained unchanged.
Mr Looney must be loathe to bet the farm on new energy sources when upstream production rose by 3pc last year to a level not seen since 2010. As head of upstream, he has overseen numerous new projects coming to fruition, including Clair Ridge, to the west of Shetland in the North Sea.
In doing so he has preached efficiency, which is the best some fossil fuel producers can muster. Modernisation means BP’s break-even price is on the way to falling below $50 a barrel. That is material given Brent crude is changing hands at $58 a barrel.
GREGGS GRG
Q3 trading update
Continued strong like-for-like sales growth
With 2,009 shops, eight manufacturing and
distribution centres and 23,000 employees, Greggs
is the UK’s leading ‘food-on-the-go’ retailer. It uses
vertical integration to offer differentiated products at
competitive prices.
Total sales up 12.4% for the 13 weeks to 28 September 2019
The store openings are part of wider plans announced a few years ago that would see Greggs aim to open 100 stores a year. Chief executive Roger Whiteside told BBC Radio 4 Today Programme that the firm is equipped to open 2,500 in total.30 Jul 2019
Greggs plans to open several shops across the UK until 9pm, offering hot food, such as pizza slices. Most stores currently close between 6pm and 7pm.
“We want to try and do the same for evening as we did in breakfast. We weren’t in breakfast a few years ago and now we’re No 2 [in the takeaway market].” Only McDonald's sells more takeaway breakfasts
Greggs said it had also overtaken Starbucks to become the third-largest takeaway coffee seller, behind Costa and McDonald’s, while only Tesco sells more sandwiches.
Whiteside said the company had not reached “peak Greggs” and had several avenues for growth. More vegan products were in development, including a vegan doughnut, and plant-based “milks
increasing investment, bringing forward plans for robot-led automation at its pastry manufacturing site in Newcastle and developing ideas such as online ordering for collection and home delivery.
Ordinarily, most stores of Britain's much-loved bakery are open from early in the morning until between 5-7pm.
Greggs is at the start of trials for extended opening hours with c 60 stores open (from zero at the interims) until 9pm (6pm previously), which will extend to c 100 stores by the year end.
ME
60 STORES X EXTRA 3 HRS = 180 EXTRA BUSINESS HOURS A DAY LETS SAY 6 DAYS AWEEK
180 HRS X6 = 1080 EXTRA BUSINESS HOURS A WEEK MINIMUM AND THIS IS ONLY A TRIAL
FOR 60 STORES ,IF IT WORKS WE MAY SEE THE OTHER 840 ODD DOING THE SAME THING
AND WANT THAT IMPROVE THEIR PROFITS
SO TO ME THERE SHARE PRICE AT PRESENT LOOKS A BARGAIN
Valuation: No change to our DCF-based valuation
Our DCF-based valuation remains unchanged from 2,028p, which was updated at the interim results. This implies a P/E for FY19 and FY20 of 24.1x and 22.1x.
PROFITS U P ,SALES UP, SHOPS UP, IDEAS UP RE MILLS AFTER 4 PM , THE FULL MAKES NO SENSE
EVEN IF WE BREXIT PEOPLE ARE NOT GOING TO STOP EATING IN FACT IF ANYTHING THERE BE LOOKING TO SAVE MONEY
AND EATING/DRINKING AS GREGGS IS VERY REASONABLE .
Total sales up 12.4% for the 13 weeks to 28 September 2019
· Company-managed shop like-for-like sales up 7.4% for the 13 weeks to 28 September 2019
· Total sales for the nine months to 28 September 2019 up 13.9% and company-managed shop like-for-like sales up 9.4%
· 56 net new shops opened year-to-date (90 openings less 34 closures)
· 2,000th shop opened in August, expect around 90 net openings in 2019
· Autumn range includes new hot sandwich options, Pumpkin Spice Latte and new post-4pm meal deals
· Our expectations for the full year remain unchanged
59.28 HAD A LOW JUST BEFORE SAUDI ROCKET ATTACK OF 59.06 THE QUESTION IS WILL IT RECOVER BEFORE MORNING OR GO LOWER ?
That is why the reaction when markets open at 6 p.m. Eastern time Sunday is likely to be swift, with lots of green arrows pointing upward. There is no trading on the weekend to give any indication how high the price may pop. Saudi officials have said the shutdowns are temporary and their duration might be counted in days, not weeks or months. But the fallout from the realization that the Saudi oil facilities are vulnerable to drones will last beyond any repairs.
OIL PRICE COULD GO UP BETWEEN 5 % AND 10% THAT MEANS OIL COMPANIES THAT PUMP OIL BESIDES THOSE IN SAUDI
WILL MAKE MORE MONEY, THIS INTERN WILL RAISE SHARE PRICES SO LET'S SEE WHAT HAPPENS TO RDSB N/WEEK