Member Info for Crossley

Quiet on here today!

On the FTSE 100 movers for the day IAG comes in second.

Only headed by EasyJet….

Now then. My mates my boiler man. I’ve a couple of rentals, one’s just had to have a new combi fitted. He’s stuck in an Ideal Espirit 30kw boiler. Can’t remember the exact length, but it’s got a whacking guarantee on it. 10 years maybe? He swears by them. £1430 fitted, that was 06/24.

As with shares though DYOR, LOL

Suppose it depends on your home?

About 3 years ago I built a large extension. Needed a larger boiler. Looked at ASHP. They wanted 13k for the pump alone. Tried to future proof and thought of a hydrogen ready boiler. My mate, the plumber said, no don’t bother with that. Ended up with a Worcester Bosch, heat only boiler. Went for the more expensive, ‘sexy’ black and silver boiler, £1200. Then a tank to keep full pressure all the time, no matter what’s running. Have no idea on prices ‘these days’ though. Certainly by far the cheapest option then though, if you’ve the room?

Phew, I was panicking then!

On a side note Kiddan, I hope you’re not getting a ASHP to run that system?…

And just to clarify. A S&S isa is what it says.

A fixed cash isa, is an isa where you have a certain amount of time to deposit monies, then it closes and the return is at a fixed rate of interest.

A flexible cash isa, remains open, so the return fluctuates (with rates, up or down) but you can withdraw or add monies as wished. But you can only put 20k in per person into either one or more ISA’s, per year, if that makes sense?

Correct!

Didn’t see you post Numptyclub.

some cash ISA's allow you to withdraw and then put back … this is a flexible cash isa

You are allowed to put up to 20k per person INTO a S&S isa per year. Withdrawals have no effect on this. Withdrawals are also tax free. So, if you’ve put nothing in since 06/04/25 you still have the ability to make a contribution for this tax year…

Good luck with the game luckylurker.

Always had a soft spot for Palace since Steve Coppell was the manager and the Wright & Bright were terrorising.

I usually have an ‘outside’ tip in the premiership. Year before last it was Villa and last year it was Palace prior to the sale of Olise. Eze is a great talent. Enjoy, and hope you pull it off..

For all the bickering, wishing the SP up or down, none of it is about investing. Either in the wider markets or IAG specific. Nothing at all to learn from this board, or if there is, it’s seldom. When you read other boards, Legal & General, Phoenix etc, it does make you wonder where the smart money is sometimes..

Hope you all have a great weekend. You should be happy to be alive. There’s certainly worse places to live than the UK.

I hope you all appreciate it and have a good weekend. The sun is shining, in more ways than one

Well, I’ve had a play with the figures. Re, buybacks, dividend payout, increased attributable returns etc, and rightly or wrongly (economies, FTSE, and the business allowing) my figure came out at £6.20. That was based on a 5% yield.

Sort of hoping I’m right…

Again, enjoy the weekend and the weather if at all possible

Eccles, I believe you substituted your 18 for a 12? It matters not, your gain remains the same.

Have a great weekend, and to all NWG holders. Whether new or old, we are all in a better place than we were 18 months ago. Enjoy

Nice one Eccles, well done mate. Maybe buy a new calculator?

Indeed MadMat,

I’m retired myself now. 5 years. I’ve been heavily moving into the shares mentioned. As interest rates subside, I see a positive outcome for said shares as bond rates reduce, making the high yielding shares look more attractive…

Totally agree with T9Rat’s post.

If I had part of my pension requirements in any one single share, well, that's very high risk. Particularly in a share like IAG. The current yield on IAG (after Spanish taxes & at a SP of £3.18) is about 1.93%. That's not even keeping up with inflation, so, in real terms your wealth would be diminishing, and you'd be relying on capital growth. I could understand it more if you went down the line of dividend income shares. Shares such as L&G (LGen) Phoenix (PHNX) or M&G (MNG) who all pay between 9-10% yield and are proposing to increase the dividend payments by 2-2.5% per annum. They even paid full dividends through Covid when pretty much all the rest of the FTSE either, reduced or cut dividends completely. If your not to confident in investing yourself, maybe some Global Equity Funds might be worth a look?

There's more to investing than just looking at share price movements. Here's an example:

Back in May 2020 the IAG share price was £1.12, the MNG share price was £1.09. The rise looks far greater for IAG, with the share price now around £3.17, while MNG's is £2.16. So, IAG is up 184% while MNG is up 98%. But, that isn't the whole picture. If you take a look at the total return graphs (so including and reinvesting dividends) the picture completely changes, MNG actually overtakes IAG when the figures become 217% against 207%.

A link to a graph can be provided if required

Painful.

I was intending on contacting Shengis, but I’ll wait until later as it’ll be on page two by the time they see it….

Pathetic infact, and painful

Well, the FTSE is in the red. This has got some propulsion behind it at the moment though.

Number 2 in the FTSE of highest risers

This is a common occurrence. Directors selling shares to satisfy tax purposes?

Lynne just received 480k shares,

Adam 400k & Jorge 350k in March

If you look back a year they already held close to 53m shares in treasury. The theoretical cancellation of that amount of shares should have a 29.6p effect on the SP. Although, as it’s projected it should already be reflected.

See there’s a few updates from analysts:

BofA cut to £4.20

MS lifted to €4.35 (£3.66)

GS lifted to £3.50.

At least they are all northern of the current SP