Member Info for Crossley

Good afternoon

Can anyone shed any light on todays severe drop?

Cannot find any info to the reasoning

Regards

This is looking an attractive entry point to me. Is the recent fall solely down to the full year guidance (excluding outside forces) ?

Now that’s a first from you Porsche.

L&G dividend probably a lot safer than junk….

Afternoon Longtime,

Welcome back! May I ask, why here as opposed to any other HB?

Best of luck

Https://www.dividendmax.com/united-kingdom/london-stock-exchange/life-insurance/legal-and-general-group-plc/dividends

On a separate note Dixon. I’d certainly take some notice of Casa’s post over on RR. It’s worth noting other people’s perspective even if you don’t agree? I certainly value his musings

Morning Casa.

Hope your well.

Me neither. I let my last remaining tranche go yesterday. Happy with 2.17 for myself. My last remaining link with RR since 1986!

All the best who still believe there’s legs here

Best of luck

Morning Westy,

I remember in 2013 when Rolls had a massive influx of new starters. Why? They predicted air travel would double between 2013 and ironically 2023. “Airbus couldn’t built planes fast enough for the projected increase in air travel over the next ten years”

The SP rose from I think £8.50 odd in mid 2013 to its pinnacle of £12.87 in early Jan 2014. Back then, there were 1.88 billion shares in issue. MCap = 24.2B. So in todays money, £2.89 a share.

Link can be provided to these figures?

Question, Is the future as bright now as it was back in 2013?

Also, do not forget the sale of RR Hucknall to ITP that is on the last Financials

On a side note, to the cost of employment, in 2020 basic pay just under 33k . With shift pay, 40k. The cost to RR to employ was 61.5k a year. They have re-written contract terms for the ‘older’ boys to bring in line with starters since 2005 towards company contributions with regard to pension payments which will save them about 3.6k per year per employee on the shop floor.

Although, company contributions towards staff payments by the company are far higher! It looks like most of the redundancies will be staff. I’d expect the savings to run well over 100m

Not advice or a view. Just some realities

Defence contractor BAE Systems (LON:BAES) is the top risers, up 4.5%, following the events in attacks in Israel on Saturday, while the rising oil price continue to support BP (LON:BP) and Shell (LON:RDSa).

But the oil price spike, and tensions in the Middle East, is not such good news for British Airways’ parent IAG (LON:ICAG), which is down 5.1%, on concerns of higher costs while a raft of flights have also been cancelled.

Easyjet (LON:EZJ) PLC fell 5.5% and Wizz Air Holdings PLC (AIM:LON:WIZZ) tumbled 7.0%.

Strictly!

Good afternoon. I was contemplating moving over from Redrow before results here for a hopeful leg up. Although, with my scribblings at this moment RDW looks good value to me. I was wandering on your thoughts on this?

Looking at my bits of paper with numbers everywhere, maybe it’s a good time for me to have a look at your GT spreadsheet if you’d be willing to send over?

Hope all is well

Inflation lower than expected. Rate pause potential

Auction?

Also, if there’s tax implications is the nsandi the best safe option for you?

https://www.moneysavingexpert.com/savings/best-cash-isa/

Afternoon Strictly

I have read quite a bit of the blog but either have forgot or more likely jumped the lights so to speak. I must re visit!

I’ll have a read. I used to get e mailed when there was an addition to the blog but not lately.

That should literally pay dividends if you got in early this am. Which I’m sure you did!

Afternoon Strictly

I presume you chopped CRST to increase here?

I’ve dug the data out now. This was done on the last weekend of July when the FTSE stood at 7688 and LGen average share price was 2.388 for the YTD. With no clear pattern between LGen and the FTSE performance wise, I was forced to use a beta of 1. To me, it looked expensive in 2015 & 21 with big pull backs in each of the following years. Back to the normal range. Dating back to the start of 2014

In fact. I bet you’re on this now Zac?

This all started for me with MrMath’s initial investment here

In 2019 that he mentioned last month.

LGen looked expensive in comparison to the FTSE in 2015 & 2021 to me. I know people have alluded to a beta of 1.5 here but I can only find that to be true in 2021.

2021 was One of…..

2021 was the worse year he could have picked to begin though

Crest Nicholson is paying a 10% dividend, and going ex dividend soon.

And after this dividend what will CRST pay next time?