Member Info for Douglass

That's the headline rate for the last 12 months not just January.

Its because it is extracted by private companies, who sell it on the open international market, rather than necessarily to the UK - only some of it can't be refined. Source BBC fact check.

They will appeal the appeal - next ruling likely 2027 - bit of breathing space!

Thanks for the post - just another annoyance that the shareholders bore the exchange risk on the sale.

Looks more like it is creating further momentum to me and given that the CFC's should be able to handle the resultant uptick in volume sales it's going to drive economies of scale that should move OCADO closer to posting a profit via bumper Christmas sales when shoppers will also buy premium products with higher margins. Timing of this initiative makes perfect sense to me.

Neil - I think you mean 14 years but get your point !

Neil - I think you mean 14 years but get your point !

Bought these in April 21 for 62.37p/share - I was starting to wonder if this day would ever come!

Also you don't get shoplifting with online grocery shopping which is becoming a bigger and bigger issue and causing a drain on resources for the major supermarkets in a lot of stores - there must come a time where they will start closing the most problematic ones.

My average is £9.04 - moved my average down from £22,12 from Nov 2021 overall several buys lowest £6.29- still kicking myself for not selling last year but this week has been incredible to watch. Won't take my eye off it this time!

I bought back in April 21 at 62p having sold out in 2019 for over £1 so been waiting a while for this and no dividend in that time either but have always liked Costain as a company - we used to do a lot of work for them and they have always appeared well organised which is what drew me to them originally and actually they did have a good dividend - will that ever come back?

I am looking to average down but I don't see any rush to buy yet - can't see it moving in either direction in a hurry and my view with the way heating bills are heading from next month this is more likely to stagnate or keep on falling. I'm going to wait and see.

https://www.sharecast.com/news/broker-recommendations/credit-suisse-says-ds-smith-trading-at-undeserved-premium-to-peers--8083465.html

On the one hand they raise target price to 500p and on the other they say the share is trading at an undeserved premium. If it carries on moving towards 500p I'll be happy.

Why would a company choose to buyback rather than give a dividend - is there some advantage?

HL aren't providing that service at the moment and the only way to do it is manually, their suggestion, but with the risks that you are describing below. I was wondering whether to sell something less volatile like my Tesco shares and then buy Tullow with the proceeds in my ISA before selling my existing Tullow - thereby I would be covered for any surge in the share price but exposed in case of a drop. Maybe I should change platform?

4 years but you better get a move on as we’re nearly at the end of the tax year - not sure you’ve got time to do it via self assessment this year but you can phone HMRC and tell them you are a high rate tax payer making pension contributions and see what they say.
You say you’re in a company scheme - are they not taking your contributions directly from your salary before tax is applied-that would be normal in which case you would already be getting your full relief.
DYOR

You are right Stuart but the board has the confidence of its creditors and that is a fundamental driving force on the sp. If they perform anywhere near their recovery proposal and make real progress to pay down their debt then the sp will continue to rise - it's already by far the biggest riser In my portfolio this year- at this stage who cares about dividend?
The chat on this share is phenomenal; Rennie must be making a fortune here! Someone keeps posting about patiernce - this is going to take a few months but I believe it will be worth the wait.
Rahul knows this business - he's an engineer known for optimising efficiencies in oil production and it is honestly worth looking at his track record to see that he is no mug - he wouldn't have taken this on if he didn't believe he could turn this around. He's already convinced his creditors and the market is starting to react.
GLA