Member Info for Dinoken

Photo now in Daily Mail ...

GSK tipped by Motley Fool as 'buy of the decade'. Sadly, I agree with them ... Good article. https://www.fool.co.uk/investing/2018/04/25/glaxosmithklines-share-price-and-5-dividend-yield-make-it-my-buy-of-the-decade/

Cornwall Live really seems to have it in for Flybe. Big photo of badly cracked windscreen in Flybe plane (which forced it to return to Newquay) taken from inside the plane with advert for Flybe sale embedded in same article ! (sale of flights - not airline). Having seen the photo, cannot imagine there were many takers for the cheap flights. On the plus side, at least there was not a full windscreen blowout and pilot got plane got back safely.

From the dates, looks like Miller took part in the placing - got his shares at 5.9 Sp (bid) is currently 6.0, so he is already in profit.

Based on cash flow forecasts from one analyst. Could happen - reliant on Gen 3 take-off.

RBS has just been ****ged off by Fool. The forecast dividend values in article are lower than figures published elsewhere. Looks like topping up in 250's shortly is not out of the question. "RBS can be picked up on a cheap paper valuation, the bank sporting a forward P/E multiple of 10.8 times. However, the poor outlook for the UK economy does not convince me that earnings may rise at all in 2018, a fractional advance is currently forecast by City boffins. I also fail to be soothed by predictions of an 11% profits rise next year. This, combined with RBS�s wafer-thin balance sheet (it emerged from Bank of England capital stress tests by the skin of its teeth late last year) and the prospect of more crushing misconduct penalties, does not convince me that dividends are about to be reinstated either. This is despite the business announcing plans this week to slip �3.5bn into its pension scheme in a move seen as key to the bank making payments to its shareholders again. Current estimates suggest payouts of 6.4p this year and 11.9p for 2019, figures that yield 2.4% and 4.4% respectively. I remain to be convinced by RBS as a decent dividend bet, however, and reckon stock selectors should stay away".

RBS has just been ****ged off by Fool. The forecast dividend values in article are lower than figures published elsewhere. Looks like topping up in 250's shortly is not out of the question. "RBS can be picked up on a cheap paper valuation, the bank sporting a forward P/E multiple of 10.8 times. However, the poor outlook for the UK economy does not convince me that earnings may rise at all in 2018, a fractional advance is currently forecast by City boffins. I also fail to be soothed by predictions of an 11% profits rise next year. This, combined with RBS�s wafer-thin balance sheet (it emerged from Bank of England capital stress tests by the skin of its teeth late last year) and the prospect of more crushing misconduct penalties, does not convince me that dividends are about to be reinstated either. This is despite the business announcing plans this week to slip �3.5bn into its pension scheme in a move seen as key to the bank making payments to its shareholders again. Current estimates suggest payouts of 6.4p this year and 11.9p for 2019, figures that yield 2.4% and 4.4% respectively. I remain to be convinced by RBS as a decent dividend bet, however, and reckon stock selectors should stay away".

Reason for no sp drop probably news today (Reuters) about government appointing a RBS salesman. Sales to begin march 2019. Delay due to USA litigation.

Make that the 2nd time. Thought sp would dip today in response to Carney pouring cold water over interest rate rises but still edging up.

Yeh - really embarrassing. Needed the beer to stop blushing. One of the things I learnt doing biology A level was that it is physically impossible to blush below your navel. Think I came close to disproving that ...

Link does not appear in your post - says 'link removed'. Try removing hyperlink before you post. Alternatively, which site is this watch zone on ?

Trying different beers down local and inadvertently asked barmaid for pint of snake lifter ... Should have read the label properly - everyone laughed - pointed out I should have asked for sneck lifter - which to my surprise turned out to be a really nice pint from Jennings - and hence Marstons. Sneck is apparently the latch on a gate and sneck lifter is a thief. Weird name for a great beer.

Again today, ALGO purchases of 4000 and 2000 pushing sp up

Mayfield - the numbers were crunched on uni computer in Portsmouth by daughter who is currently hunkered down in library revising for exams and unlikely to resume any form of reasonable human behaviour (and communicate with anyone) until they are over. Figure was derived before bid was formally rejected and I must admit to expecting offer to be made at about that price. In fact, still curse not having sold at 47p day before bid rejection. Back to plot, not having access to uni computer, see Simply Wall St for DCF calculation which as of this morning, gives value of 58 (not that far off 57) and who use a similar calculation to what we did. They use a discounted cash flow (2 Stage Free Cash Flow to Equity) based on discounting future cash flows (5 years) to their present value from analyst's estimates (single analyst in this case - not sure who). They end up with Value per share �0.58 making current discount (share price of �0.38) of 35.13% Some details below. 2018 2019 2020 2021 2022 Levered FCF (GBP, Millions) �-15.86 �12.31 �25.47 �26.39 �27.35 Source Analyst x1 Analyst x1 Analyst x1 Extrapolated @ (3.62%) Extrapolated @ (3.62%) Present Value Discounted (@ 16.35%) �-13.63 �9.10 �16.17 �14.40 �12.82 Present value of next 5 years cash flows: �39 Terminal Value Terminal Value = FCF2022 � (1 + g) � (Discount Rate � g) Terminal Value = �27 � (1 + 1.49%) � (16.35% � 1.49%) Terminal value based on the Perpetuity Method where growth (g) = 1.49%: �187 Present value of terminal value: �88 Equity Value Equity Value (Total value) = Present value of next 5 years cash flows + terminal value �126 = �39 + �88 Value = Total value / Shares Outstanding (�126 / 217) Discount to Share Price Value per share: �0.58 Current discount (share price of �0.38): 35.13%

Figure you are looking for is printed on cans of baked beans. Fair value for FLYB based on DCF (future discounted cash flows) is 57.

Agree with you. All the 4000 and 2000 buys are being done via the same ALGO robot. Someone is indeed using the robot to effectively purchase large quantities without influencing the stock price with discrete, large-volume investments. Looks like time to buy ...

Adastra. Bone-off ? Never heard that term before, had to look it up on Google. So that�s how you and Sisyphus spend your time !!! Who won ? Don�t answer that �

Boat ? Thought it was a yellow submarine which incidentally, was a huge hit. Joking aside, broker forecasts for year ending 2018 show corner being turned with profit 1.5m EPS 0.2 PE 29.3 PEG 0.3. Earnings expected to continue sharply upwards through 2019/20.

Thank you PensionDeficit for posting this very good news - I am surprised it did not get a RNS rather than simply appearing on the ISAT website. Very important milestone. In brief, ISAT has entered commercial service with SwiftBroadband-Safety (SB-S), which is a next-generation satellite IP platform designed to meet the needs of aviation data communications in the digital age and offers airlines game-changing visibility into their airline operations. It is the first and only global, secure, broadband platform for operations and safety communications. It transforms the role of satcom from a safety utility to a key source of strategic value. Access to secure, real-time data provides visibility into global operations to improve airline efficiency and profitability.

Pension shortfall fixed, US litigation next, then divi in second half : "Reports have said RBS wants to pay a small dividend in the second half of this year to make it easier for the government to start selling its 71% stake in the bank, having forgone any payouts for taxpayers since it was rescued from collapse in 2008". Time to buy ?