The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I cannot comprehend why ,with the savings of this year's dividend, this firm has not the wit to set up its own food delivery system.
Why should it depend on precarious outside sources to deliver its food?
Something is very wrong here.
One suggestion for the BOD would be a 'JUNIOR' clothing section in their shops. This would encompass children and tight jeans addicts. Also it could cater for the MODERN MISS , young ladies who like a bit of style and can delight in a 'youthful' shopping experience.
The addition of a separate 'SENIOR' section would be attractive for the wealthy portly ladies and gents who have a lot of money to throw around but find the small sizes annoying and at present find the shopping experience frustrating.
The JUNIOR section could end up hitting NEXT very hard and might help to keep this firm in business.
We really have to move with the times or go under. We cannot maintain an old and fusty reputation any longer.
New management should be well on its way , slow food deliveries, no clothing sales etc. Take-over target assuredly !
Maybe they could rent a few delivery vans from TESCO to get the ball rolling. They do not need drivers as management might be capable of filling in a they should be well rested.
Maybe this is an opportunity for NEXT to get into the food business and grab some prime sites. The clothing range would improve. We can make our clothes last longer and save a bit of money but we cannot do without eating and drinking. i notice that the queues are very long outside MKS. Customers still rate it highly for food. As for the management,' Clear them out ! '
As a shareholder I object the way we can lose our dividends while having no power to vote on corporate greed or contain it. Fat cats should suffer like the rest of us.
What's sauce for the goose should be sauce for the gander.
By the way, can anyone hazard a guess as to what companies or individuals would be interested in taking over this firm?
With the Bank of America raising its forecast to $3000 per ounce during the next 18 months we should dump all our other stocks and buy in here. Nothing can beat gold. It is better and safer than bitcoin which is based on sweet Fanny Adams.
My other favourite gold stock is Highland Gold which has been performing very well.
Don't neglect Greatland Gold as a brilliant wee cheapy.
i think the message here is BUY BUY BUY.
I am absolutely disgusted with the latest news,. The firm is cash rich and we poor shareholders have taken a huge drop in share price and could do with the dividend. What could be the motives in making this announcement?
A ..... share buy-back. Good opportunity!
B...... future large cash return to shareholders.
Any other suggestions?
Think you are badly hit here. PERSIMMON has dropped 216p and it only deals with bricks and mortar.
My portfolio has shrunk by £50,000 over a period of a week.
Sad, but I have a lot of FTSE reinvested dividends lined up to make me happy. I trust that this is the bright side of the coin.
HINDSIGHT VIEW
This has proven to be a real disaster for shareholders. In retrospect why was the National Park selected as the foundation stone for the mine? Could land not have been bought near Redcar and a mire shaft sunk in that area? It would have saved at least a billion pounds in drilling and a useless underground 23 mile tunnel.
Surely we have fallen into the trap of selecting the most expensive means of going about this business. CF must have thought that he owned the Bank of England. Consider the long lengthy wasted process of getting planning permission which delayed the project for nearly 10 years. We could have worked backwards from Redcar to Whitby and avoided disturbing the surface of the National Park. Redcar features prominently in this scheme of work and seems to be the final hub of activity.
The polyhalite supply stretches out under the sea and we could have gone in that direction as a starting gambit and later moved in the National Park direction.
Maybe I have got something wrong here. What are your views?
Surely there are other companies in this large world of ours that could snatch this company up!
Why not re-apply to the Treasury again to get the backing for the bond? Conditions have changed since Boris got northern backing in the election.
Present price is a joke.
You must not let this stock slip through your hands. I have been dumping companies like National Grid, IAG, and CLIG to jump in here. May re-buy some of these after the split. They could spring it on us any time. MNG shares from the PRU were an absolute gift. They involved no risk or loss of capital. I just wonder what the division will be like. Any ideas of the ratio? One new share for every one held, perhaps like the PRU.
We are selling something that we have not got.
We are stuck halfway down a massive hole.
CF has not told us how we are to be rescued.[REINCARNATION OF THE GRAND OLD DUKE OF YORK]
Mrs Billionairess Australia has so many family problems that a hole in the ground in Yorkshire is the least of her problems.
For Heaven['s sake throw yourself on the mercy of Glencore to make a DECENT deal.
This from the start was never going to be a ' one-man' show.
This is turning out to be a 'Duke of York' share.
And when they were up, they were up;
And when they were down, they were down,
And when they were half way up the hill,
They were neither up nor down.
Seems to be a bit of a tradition in this part of the country!
I think you are not allowing for exceptional circumstances taking place. We must ignore the stupid election. The business world carries on in spite of the political zoo. The oncoming split into two companies is an exceptional event and if it proceeds following the footsteps of the Prudential split, it ought to give us a very enhanced profit. I still expect the new company to perform very well and the intended dividend to be generous to give it a clear kick start. At the last moment this share could end up being overbought.
Sorry to disagree!
My share portfolio rests 90% in high yielding FTSE stocks. This was just a flirtatious sideline.
Perhaps the Board should stop behaving like a PLANK and START earning their money!
To date I am losing £15,000 on this share so i pray they get a move on. Others could submit their losses here so that the firm gets a sense of urgency in their future planning.
This seems to be absent at the moment. There seems to be a complete disregard for shareholders interests
Wakey,wakey!