Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Here's a link to CCL Market Watch USA. https://www.marketwatch.com/investing/stock/ccl After hours sales 2.06m plus 0.30%. See how that pans out here at opening, should be positive.
Here's a link to an interesting feature that kind of sits with my thinking. https://leoprophet.com/stock_forecasts/forecast_ccl/for2022/
The Bank of England has signalled it will raise interest rates in "coming months" in response to high inflation, but held off on an immediate increase. https://www.bbc.co.uk/news/business-59160991
This is probably the best reason for rise. Interest rises would make debt servicing a lot more expensive.
This article goes some way providing and explanation. https://www.investopedia.com/terms/s/specialdividend.asp
The thing is with these chat rooms that is exactly what it is - chat. You take from them what you want.
HI DT270380
I know but a gentle reminder of a positive news story, especially in these times, should not cause any harm.
// Tesco shareholders hoping for a nice payout in half-year update, especially after selling off its Asia business, analysts say
// Tesco expected to post £58.5bn in sales, operating profit predicted to be £2.2bn & pre-tax profit £1.4bn
Analysts said Ken Murphy, might want to impress with a payout, slicing up some of the cake from recent big windfalls, such as the sale of Tesco’s Asia business.
https://www.retailgazette.co.uk/blog/2020/10/tesco-shareholders-hoping-for-nice-payout-in-half-year-update/
Insider dealing - bring it on. Topping up +£2k as soon as it stops falling. Any bets where the bottom is?
Not at all sure what’s fuelling this rise but we are now at the same levels as mid-January
I use iWeb https://www.iweb-sharedealing.co.uk/ part of Lloyds and Halifax seems to work fine. Good value at £5 a trade and no ongoing fees.
The new Sainsbury's boss has reportedly begun exploring the possible sale of its banking arm as the impact of low interest rates takes its toll.
The bank was launched in 1997 and has more than two million customers across its range of banking services. But according to the Big 4 supermarket, new CEO Simon Roberts is searching for potential buyers as near-zero interest rates and price competition continue to worry medium-sized banks across the country.
Mr Roberts has reportedly asked corporate broker and financial adviser UBS to advise on the options available to the bank, which offers products including mortgages, home insurance and credit cards. He is likely to be under increased pressure ahead of the publishing of the company's half-year results next week.
It is thought that the company aims to sell a stake of the banking division to a larger high street lender rather than considering a an outright sale, although it's believed that other options are still on the table.
Sainsbury's initially took full control of the banking division in 2013, having paid £260 million to purchase a 50 per cent shareholding from joint venture partner Lloyds Banking Group.
Earlier this year, Sainsbury's put its plans to sell its £1.9 billion mortgage book to Nationwide on hold following the outbreak of coronavirus. Former RBS executive Jim Brown, who was hired by to run Sainsbury's Bank last year also stated that the division wouldn't inject any further capital into the banking arm.
Sainsbury's is yet to comment on the potential division sale. A spokesperson for Sainsbury’s said: "We do not comment on speculation. We remain focused on delivering against the five year plan we set out at our Capital Markets Day last September."
https://www.business-sale.com/news/division-sale/sainsburys-considers-sale-of-banking-division-220819
Analysts at the Swiss investment bank said that the Bank of England (BoE) will likely provide an update on their dividend bans in December.
https://www.ig.com/uk/news-and-trade-ideas/will-lloyds_-share-price-vaccine-rally-continue-or-fizzle-out-0-201112
NatWest Group is eyeing Sainsbury’s Bank for a potential takeover that could mark the lender’s first major acquisition since its bailout in 2008.
The high street lender – formerly known as Royal Bank of Scotland – has approached the grocer for more information about its banking arm, marking preliminary interest in the business, the Guardian understands.
https://www.theguardian.com/business/2020/nov/12/natwest-group-eyes-sainsburys-bank-for-potential-takeover
Good defensive buy I'm in Sainsbury, WM Morrison & Tesco. We've all go to eat and be merry for Christmas so got most fronts covered. Aldi & Lidl don't do grocery deliveries and that's proved to be a big USP for them that do.
Nice up this morning. Big 3 supermarkets all up and looking better after Monday bounce.
Interesting article here
https://uk.finance.yahoo.com/news/analysts-updating-j-sainsbury-plc-095019823.html
· Total Retail sales up 7.1 per cent (excluding fuel) with like-for-like sales up 6.9 per cent. Grocery sales up 8.2 per cent and General Merchandise sales up 7.4 per cent
· Digital sales up 117 per cent to £5.8 billion, nearly 40 per cent of total sales. Groceries Online sales up 102 per cent
· Statutory Group sales (excluding VAT) down 1.1 per cent, with fuel sales down 44.6 per cent
· Loss before tax £(137) million, reflecting £438 million of one-off costs associated with Argos store closures and other strategic and market changes
· Underlying profit before tax £301 million
· Retail costs of approximately £290 million to protect customers and colleagues from COVID-19, partially offset by £230 million business rates relief
· Free cash flow £943 million
· Non-lease net debt down by £912 million to £267 million
· Special dividend of 7.3p to be paid in lieu of final dividend for the 2019/20 financial year, aligned to policy of 1.9x full year dividend cover by underlying earnings
· Interim dividend of 3.2p, in line with policy of paying 30 per cent of prior full year dividend
· Full year underlying profit before tax now expected to be at least five per cent higher than last year, reflecting stronger than expected sales, particularly at Argos
Will a reinstated HSBC dividend secure the stock’s future? https://uk.finance.yahoo.com/news/reinstated-hsbc-dividend-secure-stock-161322367.html?.tsrc=fin-srch
Lloyds has getting on for 2.5 million small shareholders. Santander UK, likewise, has almost a million. Then you’ve got HSBC, Barclays, RBS/NatWest and Standard Chartered. With COVID and lockdowns that’s a lot of not so happy share holders. To create some Xmas cheer Sam Woods has been persuaded to put his Santa outfit on and it is my bet he’s going to announce a date to reinstate dividend payments.
Maybe just in time for Christmas.
If we similar rises with Prudential, Aviva and Legal & General then that news has leaked hence the 5% + rise.