Member Info for Bobbykins

I thought the same, not sure how much the argument scales, but it makes sense to me

Delayed up to 30 days

So, without being too positive. Are there any similar scenarios to compare where a company had a stake in an IPO, and it increased significantly on day 1, and what that did to the valuation? I'm reading hypothetical stuff which all sounds very positive about how existing cash and the stake in seaport if it does well ends up being greater than current prtc market cap, but there must be equivalent past examples?

So why is celea valued so low? What's the downside?

A) He is not CFO, he is Chief Risk Officer

B) It has already been announced he is leaving L&G so selling these is to be expected

Nothing to see here!

In the context of the ongoing £600 million buyback and the second one later in the year, a falling share price in isolation has to be good news for dividend doesn't it? E.g. if £1.2 bn was going to buy back x amount of shares at previous prices, if it's falls 20% then the buy back takes even more shares out the market, therefore less needed to cover / maintain future dividend rate. I appreciate it's a fickle double edged sword but am looking for any silver linings!

Where have you got the 3 million figure from out of interest?

...then I'd suggest waiting until about 9.45 when they are 15 minutes into presenting the results as share price normally tanks when he speaks lolz

Interesting (worrying?) nugget on reduction of SII Ratio, and how this is the answer to how the dividend is sustainable long term.

"At the lower end of this range our dividend is sustainable, and this is not an automatic trigger for capital

measures."

That's for a newly stated range of 160-190%. Last year it was 232%.

They are saying they can only continue with the high dividend by reducing coverage of SII - I don't think this is going to land well and is something to consider in terms of risk.

it's had plenty of pieces of news. all of them ****.

If my wife had told me to sell at 150p and I didn't and then it went to 25p she would be even more angry than normal. Worse then that, she'd use it as backup evidence that her theory on how to pack the dishwasher is better than mine!

No, it was purely a sarcastic comment based on the stuff spouted on here. I'm just holding and hoping.

We'll expect a 3-4% drop then

I’m not just disappointed. I’m fed up.

Once again, retail investors have been sidelined while a familiar pattern plays out. A brief uptick, a flicker of hope — and then the rug gets pulled. It’s not the first time, and I doubt it’ll be the last.

What’s worse is the growing sense that any future positive movement should be treated not as a sign to hold, but a signal to exit. Because I no longer trust this management team to deliver value for all shareholders. The returns seem reserved for a select few — a cabal, if you will — while the rest of us are left watching the same cycle repeat.

This isn’t just frustration talking. It’s pattern recognition. And now that I’ve seen it clearly, I’ll be acting accordingly. Many posters here have already been burned. I won’t be next.

I think the reaction 3 things:

1) Can we get the oil out the ground - that needs the flow test

2) How much more time and money do we need to spend to prove point 1, and where will that come from?

3) There have not been firm answers to points one and two, despite an excellent opportunity yesterday. The lack of clear answers implies a risk short-term and profit seekers are exiting whilst they can to de-risk.

Hmmm - what, a big increase in supply but no increase in demand? If only there was some sort of model that could predict this :-)

Hmmm - "when you see an investment company buying the bond payment at the current share price, you know they think they will make money".

I'm not sure they did buy at / near current share price - they got 3.6m shares for 2.6m $ (if you include .15m interest and 2.45m dept repay ).

That's about 71.5 cents a share which is more like 55p. Or am I being mad? I agree they definitely think they will make money !!

Yes, what this company needs to rebuild confidence is definitely less transparency :-(

True

There was some good stuff in it that was very positive, but short term at least probably best not to have the amount they expected the full kit out to cost being out there.