Member Info for bubbles59

In the grand scheme of things, this ridiculous panic will soon abate imv. I expect the SP to be higher than 460 prior to XD date.

Yep oxygen, AB is definitely the right woman for the job! GLA

With Analysts consensus 12 months forecasts only c7% above the current SP, Have realised a 35% profit by selling my entire holding in Capita and switched the proceeds into Aviva plc. The rationale being that Aviva's results on Thursday should be the catalyst for a quick further 10-20% profit onto the Cpi sale proceeds. The plan then would be to switch it all back to CPI Plc, preferably after they settle back to about 36p/share, although would be happy to return at the price I sold them for.

Yeah you're right Awr88. Just checked it out and Premier Foods did 4 bag in a mere 4 months. There's every possibility that that performance can be replicated here.

Added another £15k's worth today. Well why not? Opportunities like this don't come along too often. GLA!

Woss dat in English please?

Added 43k. Now holding 107k at average of 28p/share. Fingers and toes crossed! GLA!

Looks like this is getting ready to surge upwards at last!

....ergo exceptionally huge capital gains also on the near horizon I anticipate!

Once all exceptionals are exhausted, I'm sure the continuing large revenues will provide very lucrative profits, given the contractually built-in inflation-proof profit margins.

Forward debt levels negligible combined with forecast EPS Growth >32% suggests to me that the turnaround is in full swing.

At face value,it would appear that DLG shares are very cheap, seemingly trading with a forward p/e some 37% or so below it's long-term average p/e. It looks tempting to plunge in on that basis. However, the rot seems to have started at least six years ago declining from c£4 per share (long before the last CEO took over). This fact suggests to me that the business model of DLG Plc is fundamentally flawed and I would be scared to invest any of my capital in this company. I hope for the sake of current holders that the new CEO can radically alter the course of the SP in the future,but until I see some tangible evidence of progress, I'm more inclined to invest in companies with proven track records.So for the foreseeable future, DLG will be on my watchlist.

@mbk- what upward trajectory do you believe they will continue on until March? As far as I can see, Dlg have continued on a downward trajectory for the last six years when the SP was over £4 per share. That is a very long negative trend and given the current red flags, it looks more likely to get a lot worse before it gets better. Any potential suitor would recognise this I feel and would probably be keeping their powder dry. After all, if the sp slumps to c£1 or so, dlg could be snapped up for approximately £1.50p/sh imv.

And at least 33p/share for 2023 or else Cevian Capital are going to be very angry indeed! LOL

17/18p??? Do try to keep up!

Perhaps, but you'll get zero capital appreciation in a building society.

I may buy when they fall to 50p.

Are you serious Culley01? Capita has suffered a precipitous decline over several years from a high of c£8/share. However, over the last 9months or so,the SP has now stabilised and the company is in a Turnaround phase! To throw in the towel at this stage I would suggest is likely to result in losing out on a minimum of a 3 bagger from the current value of 26pence for want of a bit more patience imv. I'm more inclined to be adding to my holding personally in order to maximise my potential profits.

I don't think it was ever described as a special dividend. There was a return of Capital followed by a share consolidation which followed a previously large share buyback and cancellation. As far as I'm concerned, Aviva is now much stronger as a result of these actions with improving dividends etc.

This is just itching to surpass 460p today. £5 by Xmas would be splendid though by early January('23) will suffice!