Member Info for Finley1

The markets are overbought on optimism going forward. My opinion is it’s now down to earnings so be prepared for volatile swings. There was nothing in the run up to 250p other than the fear of investors missing out. Don’t invest if you don’t know the game ! Personally, I would like this to revisit 200p as I would increase my holding. If your that short term of investor I would suggest selling before any financial half yearly report, as it will probably be marked down in the interim, which if you take the long term view will be a buying opportunity.

Hi, I think the fund managers will be guessing like everybody else. I often rely on gut feeling and
I’m swayed to slightly positive and a swift return to growth in the U.K. Maybe we need to start hearing more about the vaccine. If the Jenner foundation can’t sort it , well I don’t want to think about that.

On the global side I’m not sure whether Trump might lose the election , that would be seriously bad news for the markets and we would probably get dragged into the tail winds of that debacle so I’m not considering diversification at present.

Good luck with your investments.

It’s to early to judge but I’m concerned with the business environment going forward. A point being that companies are opening back up for business but are not supplying the full service. Take the house builders as a scenario, they are only working on houses that are under contract. They therefore are not putting in foundations on plots not sold, this has a knock on effect for the material suppliers, ie concrete, bricks. Expand this scenario though out other businesses and it’s probably a sign that the confidence factor has taken a hit.

The $69,000 question is will we see a rapid return to growth and people spending, or are we in for a downturn lasting a few years ? I’m really only guessing myself here, having seen a nos of recessions , I’m not sure which way we are heading. My only comfort is money is cheap and has to work so I’m in the positive camp slightly, but only just ! Also we have a live for today culture where people want everything !

Anyone, have any views ?

Hi,

You have clearly done your homework on the trackers, and good luck to you. I suppose I’ve been
a bit lazy. Tracker funds appears to be very popular nowadays along with ETF’s and all the other
Investment vehicles. I like the idea of being a shareholder here on the basis of , if I need the cash its instant if required via selling.
Interesting to here that about Barnier, as you say a complete idiot. Trump knows the score with the Chinese, I think we ‘ I mean the establishment has finally worked them out ‘ let’s hope Boris grows a bigger pair and sends them an invoice for all this carnage. Here’s to Nigel and sticking to the decision to pay the divi. Too many so called analysts nowadays sticking their noses in, and guessing, causing short term chaos for the share price but as we know created a short term buying opportunity. I think we should all raise a glass in the sunshine when the divi lands in the account and stick 2 fingers , tanned ones, up to the doubters !

Interesting to hear about the lgen tracker funds. I don’t see the point in holding shares here
and also the Lgen tracker funds, maybe I’m missing something ! That would appear to me
that yournot spreading your risk enough.

I wish you well, but It’s not diverse enough for myself.

This needs to break the 220 area where it’s had a go a few times in order to progress.

Here’s to all long term shareholders, and no EU extension ! Jog on Barnier.

I do understand the arbitration process. You quote this route was taken by good old
Sam and our legal advisers.

Well dear old Sam shouldn’t of bought it in the1st place, and do you really think the legal advisors
are that top draw to secure a landslide victory against a cough Er Italian government who
have been delaying this for what 10 years.

If you get some money well good luck to you ! Personally I judge dear Old Sam on his tenure
and quite frankly he should of been queuing up unemployed years ago.

I have no beef with the dear share holders , I must stress but the management are all donkeys !

Yes Anadarko I remember. I was also invested in MOG which basically chased the Italians for
years over Ombrina Mare. We couldn’t get any money out of the Italians then. Bill Higgs was
the CEO at the time a decent enough chap with an experienced background.
They obviously ended up running close to the wire and got bought out by RKH.

Regardless of any arbitration awards on Obrina Mare, trying to get the money out of the
Italians is another issue in itself !

Hey, I wish all shareholders here well and hope you see something back !

I got out of RKH after attending the age some years ago. Moody and the then CFO who left for
pastures new, missed the deal with selling out to one of the big American oil companies, I can’t
remember which one.

I looked at him and saw just a city boy who just got lucky. But as well as being a city boy
he’s a greedy one and not very smart ! Except where exploiting this company for his own
gains.

He needs knocking out really ! Shame someone doesn’t do it.

Serious investors don’t listen to the BBC. You ask the question why are large holders selling.
They are reducing their exposure by putting a small % of shares out-on loan if you read the
latest RNS statements, so not really selling, just averaging down.

Often after companies pay dividends large holders move on its called rotation. Nothing to
defend the share price in the short term so it will probably drift down and present a long
term buying opportunity.

Are Lgen going skint, Er no I don’t think so.

TW are back to work mid May, so the others will follow. Reading TW trading update they have
£850 million of cash available, that should buy a few bricks going forward !

Issuing debt to take advantage of the present business environment !! What a great statement
to be making in the present environment.

Solvency ratio of 173%, I think we can safely say the ship is being steered well through the
short term choppy waters.

I can see myself getting overweight here. I expect a bit of rotation out of LGEN in the short term
which will present an outstanding opportunity to keep adding.

I don’t doubt he has his faults. He has put in place a Coronavirus chief to push start his economy.
They are implementing a policy of wearing masks when your outside.

We are,on the other hand still looking at the prospect of “ if a mask works”. We will probably
Suggest not using masks as they will be concerned with people installing them properly, ie
putting them on, that’s us.

The system should also be talking about people boosting their immunity via vitamin C and D.
Boris has been a waste of time, caught the disease off Han**** and now jogged off to the
country. We need a plan and we need it pronto.

The point I make is that he is not afraid to tell it how it is. Dominic Raab has been asked by the
Chinese at senior level to divert the situation away from them. This is what politics has given
us the people. It’s beyond embarrassing for a rational person with some intelligence to take in.

I consider myself not a fool, therefore I sway to listen to people who talk common sense and he
appears to have it in great quantities.

He shots from the hip, emotional ! Not liked by the establishment. Possesses an immense amount
of common sense. Look at the recent statement on the WHO , they are a complete and utter
waste of time. The virus came from the Wuhan market or the Lab.

The WHO statement weeks ago is we can’t politicise this as a China issue, well why not, tell it how
it is and yes he is a protectionist and patriotic because in times of crisis you need to look after
your own interests to the best of your endeavours.

We are still doing research on what the benefits are of wearing a face mask, that’s how far we are
behind and that’s the type of leaders we have to look up to !

Bigger picture with Trump is he knows the Chinese are the issue with nicking intellectual property, generally lieing manipulating situations and of course the virus.

He is peed off and rightly so, he is a bigger picture person, views not shared by mainstream
society who unfortunately don’t understand as it’s a bit above their pay grade !

I wouldn’t recommend costain. Mixed financial statements from the company . I don’t rate this
Alex Vaughn running the company, since his tenure it’s been one excuse after the other.

Best sticking here or the material suppliers , they have plenty of cash and a business plan that’s
proven.

It’s a buy .

I have to agree. I’ve taken a position in the company, they are long established and you get the feeling that it won’t be long before production is resumed and thus increase in the share
price.

I’ve skimmed through the accounts this morning presented in March this year. We have over
£7 billion of surplus capital to fulfil the dividend policy as the balance sheet. The company has
been trading since 1836. You do find it insulting that external regulators seem to want to
blanket ban companies paying dividends, when the whole purpose of our company is
to provide monies/dividends through good and bad times.

This is a seriously well capitalised business, with a solid history and must be viewed in this
near term as one of the best investments out there. I seriously cannot see a better company
on the main market to put money into.

There has been rumours of the cancellation of the dividend ,but we have something
like a 180% liquidity ratio. If the dividend was pulled at the last minute the money would
still stay on the balance sheet, so short term it may be uncomfortable to investors who need
the cash ASAP, but long term it still has to be regarded as a buying opportunity.

My only concern going forward is that Nigel retires and that creates uncertainty in the short term,
other than that what’s not to like.

Rikinit, I suggest you wind your neck in. Lgen are still paying the divi, I still see this as a buying
opportunity. I like the company. If they were to suspend the divi short term I would still buy
more. I’m a long term investor.

Your obviously stressed because you don’t have enough cash, not the case with me , dear boy !
When I get as old as you, I do hope I don’t get bitter and twisted.

Maybe go and have a nap, you seem stressed