Member Info for Dinoken

Irish Eyes are smiling, restrictions gone, Spoons rammed. Looking good ...

Technically, Chart seems to think you will do much better than that. Pointing to Resistance 2 at 1220. Fingers crossed, only 33 percent increase to go ...

Avg 998 ? According to Hunt the Cent, you can expect a further 2p increase.
They have retained 'add’ recommendation but cut target price from £11 to £10 coz sales fell 15.6% in the 12 weeks to 16 January versus 2020, which was pre-pandemic. Means first-half sales are down 11.7%, so cut 2023 forecasts by 10% to reflect growing cost pressure at the pub chain.
Believes target price is reliant on a positive surprise in relation to pricing or new government support.
IMO after yesterday's outburst about partygate, cannot see Boris riding to rescue .....

Sold item on eBay for neighbour and got 3.19 after fees. He said that the proceeds would not even cover cost of pint at local which is 4.25 but that I could buy myself a half as a reward for helping him with sale. 3 pints later down spoons .... You could not make it up.

Sounds like a plot from Blackadder, with Alision and Rishi devising a crafty plan for back-door nationalisation funded entirely by NWG buybacks LOL. Alternatively, gov will get a few dollars more when they sellout.

Reality is an illusion caused by lack of alcohol. Looking at real chart, NWG sp increased by 1%+ for each of last 5 trading days. Looking at technical indicators, it is bullish in very short/short/medium/long term with no weakness even at highest sp levels. OK it is overbought but this looks like panic buying before news/results. Based on these frankly astonishingly good technicals, some of the best I have ever seen, Chart says 300 by Easter. IMO time to go down the pub. None of this feels real.

Thank you NWG. SP up and chance of me getting long awaited refund from small energy supplier I switched from in October. Fantastic

Gov rescue will cost a fortune over next 12 months. Seems NWG has become a dept of HM Treasury, but guess it has been since bailout. Surprised sp has not tanked on this news.

Oh, forgot new film 'Out of Ireland', with sale of €7.6bill loan book.
IMO strong excess capital position implies whopping divi.

Broomfielder - reminded of song by Status Quo - rocking all over the world - although in NWG's case - being fined all over the world - in last three months alone : 38m to USA, 265m to FCA and 32m to EU etc.
Have to admire fact that any company can afford to pay so many fines and still pay dividend.
At least the above are now in rear view mirror, covered by existing provisions, so hoping for a great 2022.

FY results Friday 18th Feb 2022. Heres hoping Lucky is right about the divi. Happy new Year everybody.

Rising interest rates = rising sp.
Below 50% gov ownership during 2022, no gov by 2025.
No obvious new fines in sight ...
2022 should be good.

38m for US Justice dept. Should help fund their Xmas party ....

32m to EU for Xmas. Should help fund their Xmas party......

Now forecasting 42 up from 32. Bit more like it.

HMG now 52.9% from 53.9% in September. At this rate, sub 50 this time next year ...

Can only think of 2 reasons for appointing joint broker 1) imminent large transaction 2) provide access to brokers' sales and research teams who have close relationships with institutional investors.
Anyone any idea exactly why RNO have gone down this path ? 1, 2 or both ?
In addition, do remember new broker Hunt the C forecasting 32 but cannot remember what finncap was guessing.
Chart anticipates step up next Wednesday. Think 38 is too low a trajectory ...

Hanging onto Whitbread coat tails IMO

From Barclays.

Target prices bounding up : Citigroup to 342 (265) - 'BUY'