Member Info for Cardinal3

Zac

Most interesting. I've got to decide how to deal with grandsons' Junior ISAs which were originally set up with F&C directly, and now managed by CT. here is no diversification and just the one manager (CT) so I may well have to transfer to the likes of HL where they have share investment accounts when SMT stopped managing it's trust and transferred to HL. It may well be logical to transfer if only to put the admin in the same place but diversification matters as they are 16 and 14yo, and income will matter. I'm not sure the funds you mention do the trick.

LTI

I am intrigued. Why do you feel the need to post your trades on a message board? Is anyone likely to be interested?

I'm not sure how you would find that out as many/nearly all shareholders hold via broker accounts such as ii and are not personally identified.

No doubt you have your own way of looking at things but I would have thought what matters is the number of shares in issue not the individual shareholdings. You can get that by looking at the annual reports or checking back to the RNS on the date you want to start.

Bertram

Very interesting post, thanks a lot. The food for thought is the new CEO.

I don't see the S&P High Yield Div Aristocrats as a big issue. Would anyone notice if it weren't in there? A marginal increase would presumably do the trick anyway.

More important for me is the dividend cover. 1.25 doesn't give much headroom- a lot will depend on the YE numbers so here's hoping for a big performance.

I feel the pain too but like Denby got out while I could a week or so back and suffered a large loss.

It's all very well sponsoring academic seminars and no doubt hitting the right local PR notes but what matters is the drilling performance, deals with govt and the worldwide Lithium price.

Pokerchips.

Of course the cost of £8m a day over a year is more than £240m, except that the £240m handed over to Rwanda hasn't actually achieved anything. Another £50m is to be paid in 2024/25. In addition there will be an amount per migrant sent to Rwanda allegedly equivalent to the cost of processing here. But the number expected to be sent there is a mere fraction of the totals in hotels so your £8m isn't going to change much unless govt changes its asylum processing system.

Meanwhile the UK has been accepting asylum claims of refugees from Rwanda. Go figure. It's a political policy to show the govt is tough. It's not working.

Hi Pokerchips.

You may well be right about deterrence to reduce illegal immigration. I would say however that its a criminal waste of £240m public money to date (more taxes anyone?) and more about playing to the far right and generally anti-immigrant cohort of the electorate.

Interesting discussion. If you didn't know better you would think Labour had been in charge of our tax hikes. I can imagine the howls of disgust if Labour had lowered allowances for dividend and interest and let personal allowances to wither on the vine. So in all I dont think Labour could be any worse and apart from offloading some cash to family to avoid IHT and making sure I've got as much as I can afford in ISAs I dont think there's a lot more i can do. But I'd do that anyway. If I were working age I think I would put as much as I can afford into pensions though.

NHS dentist anyone?

Blame immigrants for everything. Very Germany 1930s.

Hi Donkey

You say if 'we' don't get in. Are you assuming everyone on this board are in your political party? And who is 'we'?

Govt brings this on itself. They see banks as a cash cow by making them cough up for what they see as overcharging customers-PPI and now car purchase interest costs. Is it any surprise banks here are underpriced relative to other internationally based banks? Profit is a dirty word in the UK banking sector.

Aye

here you are

https://www.bbc.co.uk/news/technology-67912033

Fleccy

Interesting take on events. I'm a voter but won't vote for the extremes of Reform or Green. The Conservatives have run out of road and it's time to go. You are right it is a contradiction that they are supposed to be a party for business and yet selling out to third countries.

Just another way to sneekly fleece the banks and prop up the economy without tax or interest rate cuts. It will be mortgages in due course. I do wonder whether this sort of state-sponsored attack on financial institutions is one good reason our stock market is shunned by the world at large. Yet No 10 and the Official opposition are busily wooing institutions in advance of the General Election. Brass neck. Great British ISA? OK but stop making GB plc uninvestible first. QED.

This 'woke' chat is a minor side-show of interest I suggest only to a few people.

I'm more interested in where the share price will go. The dividend is healthy and hopefully will go up on the back of decent performance of the business taking the share price up with it.

Bertram

Someone has to pay for housing, schools, adult social care and roads to name a few services. You might not like the quality or the cost but it's the principle. I don't bregrudge paying my council tax which in my case is £3747 including the police precept this year to pay for those services. If I don't pay, who will?

I like the idea of a UK ISA as it could put a rocket under Lgen among others. Question is what's UK because many of the FTSE 100 have a large part of their business overseas. UK listed might be a definition which could attract overseas companies to list here, but is that what's intended? Maybe.

I see fund manager big wigs had a get-together at number ten last week. That might be a starting gun to get action shortly..

THey talk about PR but can't even tell the market when they will issue their results. This is normal for them. Says it all.

Agreed. I've done the same, bad experience. I saw Microsoft are developing an alternative to lithium which could scupper even future planning on this

Hardup they might allow a foreign bank to take over Lloyds at a vast price for a fee in the form of a donation to our esteemed govt.

Yes he did have foresight and was a visionary. We might not like his vision but he deserves credit for having one and getting support across countries for it. Better than being stuck in the past forever.