Member Info for Dinoken

With negative interest rates on the way, cannot see why they paid a premium to buy this.

Platinum powered of course. 2.59 percent spot price increase gives 4% increase in JMAT.

Shore downgrades to hold keeps 170. Cites Corona recovery and divi resumption built in, no mention of Brexit !!!? Believes shareholders will hold for spec divi but prefers Lloyd's. Think this was written by Canute ...

Times article Sunday 6th implies JMAT behind battery rivals in race for 0 emissions and needs to accelerate replacing cats with bats or else. Looks like tortoise versus hares to me, but then the tortoise won...

Jabh - have you got a guesstimate avg sp at which gov will sell stake ?
There is an article in Daily Mail https://www.thisismoney.co.uk/money/markets/article-8991073/Government-set-lose-40bn-2008-bailout-Natwest.html that implies gov will get 11.2 bill for their 62 per cent stake. Simplistically, means whole bank valued at 18 bill, Ord shares in issue 12 bill implies sp 150 LOL

Chart says 230 by New Year, which is almost about 40-45%. Brexit aside, assumes resumption of dividends and santa rally ...

JMAT need to win the eLNO race (electric cars) to replace catalytic converters (combustion engines) as their main money spinner. In the eLNO race, there are three contestants. JMAT and BASF are racing to catch up with Umicore. Will JMAT cross the finishing line in time or are they doomed ? IMO looks too close to call but opinions welcome.

Getting production of eLNO going in 2024 has just risen by a mere 60% !!! In meantime, JMAT is sticking eLNO into household appliances as useful sandpit for developing the product and finding how best to scale up. While carmakers are running tests with eLNO, appliance projects have progressed to prototype stage.

Earlier this year, JMAT secured big loan to construct its first eLNO factory in town famous for its vodka ands sausages (somewhere in Poland), believed to be the centre of the future eLNO supply chain universe. Good luck with that ...

PRA to consider easing resistance to dividend payouts from UK lenders on a case-by-case basis.
JPM think NWG are in pole position due to having highest CT1 buffer over max distributable amount as well as substantial excess capital as a percentage of market capitalisation. For once, I agree with PRA and JPM.

The analysts also felt a case-by-case approach on dividends would be more positive for NatWest due to high buffers and high excess capital and stated they continued to prefer both it and Barclays over rivals.

Anyone think this might happen ? https://www.forbes.com/sites/johntough/2020/11/17/there-will-be-more-blood-exxon-should-acquire-bp/
Seems focus on renewables and retail/trading could make BP ideal target for Exxon.

180 - 200 ? IMO any mention of the d word resumption will mean 230 - 250. Hoping for the d word next results.

Single share would be the highest volume traded for whole week.

Thursday 18th. Hard to call. Anyone any views?

Bad player more like. At least it would give them a chance to rebrand from Nastywest to Sainsburys LOL. This would not be a straightforward takeover cos the JS bank is joined at the hip to their promotional activities for their mainstream business which revolves around Nectar, which JS own. Every time you use your JS credit card, you get Nectar points. IMO trying to separate JS bank from JS would be less like an amputation but more like trying to separate siamese twins. Many JS bank customers would dump the bank if the existing benefits were removed. Bad deal IMO

Profitable and debt reduction of over a quarter in face of turnover down almost a fifth. Looks like will take about 2-3 years before debt gone and pension fund being serviced. One for medium term IMO.

Chat subject reminds me of a danish thriller series and fraudulent accounts. What was the eventual outcome with the Renold fiasco ? Ever fully resolved?

If Trading Update reflects the Chinese manufacturing figs for September, and there was even a sniff of the d word, this would underwrite the existing broker target of 30.

The Financial Calendar published by Renold states that Interims due on Rememberance day 11/11/20. Or have things changed ?

Neutered - hoping that was your last post. Who the hell looks at Trustpilot, broken recommendations and Google Finance apart from you ? Grow a pair of bills ...

Too good as it gets.

option1 - thx for highlighting the Telegraph article which sums up what a pathetic, shameful and hugely expensive management decision this pointless name change constitutes. The only name changes required here are those who pushed this through starting with Rose ...
Favorite excerpts below :
- pointless rebranding exercise is supposed to herald "the start of a new era" under Alison Rose, one which promises to create a "purpose-led" bank that will "champion potential, helping people, families and businesses to thrive". The marketing folk must have had a field day with this assignment but what was the brief exactly? If it was "a tsunami of waffle" then the goal has been achieved.
- the whole affair is even more confusing when you consider Rose's latest unconvincing appearance on BBC Radio Four's Today programme in which she insisted that the bank wasn't "trying to forget the past". Are we really expected to believe that RBS doesn't want to leave a litany of mistakes and misdeeds behind? Psychologists call it "displacement activity" - an unnecessary action that someone performs when they are trying to delay doing a more difficult or unpleasant one.
- RBS would love to move on from the financial crisis and state ownership but it can't, as the Office for Budget Responsibility helpfully reminded people last week.
It predicts that the sale of the Government's stake could be postponed for at least another five years because of coronavirus, a delay that could add as much as £11.4bn to the national debt. Still, the taxpayer was already facing a £32bn loss on the bank's 2008 rescue; perhaps no one will notice a few billion more on the tab.