Member Info for Charlie156

Fruitster, I've been trading this stock since the IPO. The story was ,with its inherent advantages RMG was primed to take a pivotal position in the growing parcel sector. Investors were also salivating about the special dividend bonanza that would be returned to shareholders on the back of their property portfolio. Where are we today. One billion pounds has been spent on transformation costs to improve productivity, and they probably haven't even touched the sides yet. This was partly funded by the low hanging fruit of their property estate, which is now drying up. So, they have had to cut the dividend, which they may have to do again. Comparing the margins with GLS, it's obvious where the problem lies, but I don't see any solution as the business stands today. The business model does not work, UKPIL is slowly eating the whole company.

Every forum should be balanced. With you and Redceo ,it's not. People listening to your dodgy patter will have lost money. A year ago RMG was 3 quid the day before it's trading statement, with punters bullish about the 25 pence, 8% yield, and the shares fell 40 pence on the day. Today, the shares are £1.90 and investors are similarly excited about the 8% yield. In a years time, will the dividend be cut again, and still yielding 8%

Fruitster, when Redceo declares his holding and average price, I'll state mine. It's only fair that someone whose on here 24/7 does so, before someone who just pops their head round the door every now and again, don't you think?

Your right Wolves, who needs a high IQ with common sense like that.

Are we witnessing the embryonic stage of the managed decline of BP. The exploration charge has fallen and the dividend increased, despite gearing of over 30%. The Reserve Production Ratio is around 14 years and the Reserve Replacement Ratio for 2019 was 67%, compared to an average of 97% over the last 5 years. Value over volume seems to be the theme.

Wolves, just out of interest, what's your IQ?

My gut tells me, stake building has been taking place over the last 2 days.

You trade this stock and never hold it before results/trading statements.

These are far from crap results. BP's strategy of replacing older inefficient production with oil that is profitable at sub$40 will reap its rewards for shareholders, if not today, then in the near future. Plus, a dividend increase. I knew I should have topped up yesterday.

I think the market will be more receptive to BP's results than those of Shell. Comparing 2019 Q4 with the last three months of 2018, refining margins are up and upstream Brent is still $63 a barrel. The one drawback is, as they are Dudley's last results, they may want to give Looney a smooth start, so don't see any dividend increase.

My heart goes out to the poor bugger at YA who has to sell these shares everyday. At least they have no worries about job security.

Two years ago it may have been an issue when they acquired Sasa, but they've broken the back of that purchase now and will be increasing Sasa production this year. I sit comfortably will all the debt metrics and tomorrow sees another 3 million lopped off that 76 million figure.

It's the debt pile that's eroding, reducing from $139 million to $76 million in the last two years. FCF very healthy, this company can make money at metal prices materially below today's numbers.

Steptoe, this is down 20% since you started ramping the bejesus out of it in December. Pack it in, your a jinx!

Falkland, I'd find a new place to drink on a Friday if I was you. Unless you fancy making a few quid,hiring a room, holding an investors seminar and giving some much needed advice.

Steptoes, I stand by that 12 billion share prediction in the next few years. I'll check back in then and we can catch up, whatever you might be calling yourself then.

If Oligarch is right and letter volume decline reaches a tipping point this year, 2020/21 may be a annus horribilis for UKPIL. I see a perfect storm arising with FCF increasingly becoming an issue.

Sold this morning and put it in TLW. Good luck to holders, but all I see is delay and dilution.

Tell me about it, Falkland. It was just a couple of days ago they announced they were abdicating their throne. Now, they are on here more than ever. After Megxit, I should have known Redsterxit was too much to hope for.

I believe when he made his prediction, Falkland was using the 13 month calendar. Good to see the Chosen One back, and sharing his words of wisdom with the unworthy rabble.