Member Info for driftking27

Https://www.reuters.com/business/activist-investor-elliott-takes-25-bln-stake-texas-instruments-cnbc-reports-2024-05-28/#:~:text=May%2028%20(Reuters)%20%2D%20Activist,analog%20chipmaker%20Texas%20Instruments%20(TXN.

Https://www.bloomberg.com/news/articles/2025-02-06/honeywell-to-split-into-three-separate-companies

Elliot has made two more stakes in last 12months, Elliot made a 5% stake in TXN in May 2024, has made a 5% stake in HONEYWELL this week, and now BP has started a new position.

I would not be getting too full of yourself.

Go and do you due diligence and you will find out more about these other companies..

he is after value for investors, not to buyout…

Reuters

Elliot took a stake in TXN ( Texas Instruments) May ‘24, to help get value from the big tech company for investors.

The SP rose, but is now back below his entry price since then. Nothing much has changed to date with them.

Today I also read ELLIOT has taken 5% stake in HNY (Honeywell), to split company up and reap rewards for investors.

Could Elliot be looking to do a similar thing in split retail business from main business?

Good luck everyone. Spend your funds wisely.

I’m going to see about a long dated GILT.

I agree with you Antropica! Return of money via SD is a sign of poor business direction.

It’s about growth, and should be reinvested by company not returned as SP goes nowhere other than down .

I’m so with you on that.

Historically times have changed.

GENZ are not in pubs as much as they used to be, there more into the healthier options.

Furthermore, we have surge in supermarket branded alcohol, GIN, RUM, WHISKY, PORT, vodka.

I have changed from Captains Rum to Lidls Dark Spuced rum and save £7-8 per bottle.

Tastes very similar.

Times have changed, we have to accept it’s not all about where SP’s should be but where culture is changing to.

I’m lucky I started my holding back 2011, 2020 & 2024.

I

This will continue down. Results tomorrow ain’t going to be clever. 2000p is the value area.

Gla

Thanks for the reminder on Gilts. I used to have one back in 90’s and got my money back after redemption.

I’ll have a look at those.

Seen a lot of reratings of defense / aerospace stocks this week

GS has a sell rating with LOCKHEAD, while Deutsche have a neutral rating on LOCKHEAD.

Forgot, this drop coukd well have something to do with massive loss with BOEING. They lost $11bn in last quarter I see . The reported yesterday too.

https://www.tradingview.com/news/zacks:f80a9ffe1094b:0-boeing-s-q4-earnings-lag-estimates-revenues-decrease-y-y/

You just reiterated what I said in November December. It needs a rerating downward.

i’d go back on what you says about said rates lowering.

if you understand the result of this, it makes zero sense, only for consumers.

1. inflation would rise

2. prices would rise hurting consumers in time.

3. markets would drop

so, no as us feds are ***** footing over this issue of rising inflation, this wouldn’t happen in my view.

gs at one point we’re touting feds to raise rates this year inflation does not return to 2% soon

Down 3% for what? Or is it yet because of the budget that BAE are going to be given longterm by Labour government??

Is it funds rebalancing for the year ahead?

If you follow my views, I hate buybacks and high dividend stocks, as this leads to poor growth.

I own BP, OXY, SHELL and CVX in oilies now I did own XOM up until last December but sold and topped up on CVX

I believe lower dividend payouts are better which helps growth, and means they can use cash for lowering debt pile.

Buybacks are to most seen as a value trap. But as others say it reduces number of shares in circulation, so helps.

It’s like raising dividend.

Everyone is different in what they want.

Above all, we want to see 500p + not share buybacks, we want

Though, reducing share count, buybacks increase the stock's potential upside for shareholders who want to remain owners.

Historically it’s done nothing… we’re sitting at 418p today and we have thrown how many bn’s at BP?

I still hold BP, CVX, OXY, SHELL

Focus on reducing debt that would be the first thing I would deal with.

What’s everyone going to be doing with the 129.7p in cash per share?

Iv got 6769 DLG shares

I’ll be putting in a trust less risky like STS?

Hope I’m wrong.

This turnaround I think needs improvements with LABOUR vibes to help this than anything.

This is dire.

177p (2022)to 108p in (2025) … has to go as worst investment trust out there over thiis period.

I seriously mean what I said previously, dividend needs haircut. Seriously !!

My house is worth £390k, I still wouldn’t post this drivel about a sale of shares that size.

It’s rather egotistic like…

If that’s the dosh you play with you wouldn’t be here!you’d be out spending it …