Member Info for ForeverNever

Just for clarity I have a long position here. Though will be keen to see next set of financials before making any decision to sell.

This really is starting to feel like a sinking ship. Apart from a few false rallies its been falling since Sept.

This is what happens i guess when you miss guidance. Market stops believing

Hey Trek,

A few possible casualties out there to come. What shares did you go for??

I beleive another bid is coming. To make four offers would imply to me they want the business.

Plenty to play out i think.....

But I've been wrong many times

So slikoil I was way out....so were you but much nearer than I 😂

Very disappointed with the offer. Will sit on my hands and continue to take the dividend. However given the last offer was Sunday I wouldnt be suprised to see another offer.

An offer that's 10% above NAV in my view would not be sufficient to have a majority vote. Interest rates have peaked, valuations are increasing companies undervalued.

I also believe majority of Shareholders would have paid more than 55p or not far off.

A bid process is expensive.

Strategic planning

Due diligence

Valuations

Financing

Reg compliance

Bid structure

Legal preparation

Board approvals

Who knows what the offer will be (if there will be one) but 55p too cheap imo. Time will tell

Great position to be in though eh?

NAV is 50p. If an offer of 55p came it would just be wasting everyone's time.

100% premium nothing less.

Otherwise I'll just happily sit here and take the divi tucked away in an ISA so thieving Reeves can't get her hands on my cash.

Ex divi on 30th Jan isn't it?

Would have waited until after then as would expect the usual drop... though I'm suprised it's this low. High divi low risk, interest rates have peaked (IMO)

I've been slowly adding on the way down. Average touch over 70p. Chuffed with that

Anyone here looking at chart trends to find a buying area? Had a quick look but the chart since 1 Oct 24 looks horrendous. Any comments from those into technical analysis?

Great read across this. Bodes well for overall confidence in consumer spending and couples Mastercard comments too.

2025 could be the year 😬

I hope they don't

Love the yeild here. Should do me well over the next couple of decades. A buy out for this company will just be a short term win and loss of another UK company.

Better we all switch off for 4 years.

The comments from businesses and their pessimistic views after the labour taxes are awful.

You're reading old news. This came out quite some time ago.

If you have done your research take advantage. Nothings really changed from when this was 80p other than the threat of interest rates rise and the further drag of possible inflation.

13% yield. I've only not added due to cash not being available until Friday. Whether you beleive in it or not this government is pushing for green energy. The only change is the SP. Their NAV, income and interest are all relatively stable. I therefore call this a buying opportunity 😃

My guess is relating to the dividend increase from profits which will have gone from 1.5 down to targeting 1.1 - 1.3.

Doesn't provide much margin for error or growth that many aim for. Have we peaked?? I don't know

After my little winge about BA last week I've now sold up.

Their service is terrible. Just got back home from the US after 1 cancelled flight, then delayed flight delayed by over 5 hours. Spent 9 hours in the airport, no food or water provided. Very little information provided. Lost luggage with a reference that doesn't work. Tried calling numerous times and all I get is they are too busy and the phone gets put down.

Any company that has such poor service will hurt in the long run. I will no longer be travelling with BA and as an investor have decided to pull out.

Sorry for rant but BA won't let me do it with them. You won't hear from me again. GLA

The Shushtar Oil Refinery in Iran has burst into flames ..

Very big coincidence 🤔

U.S. officials who spoke to AP caution that the assurance from #Israel that it won’t strike Iranian nuclear or oil sites is not iron-clad and that circumstances could change.

I guess the oils shorts are now closed 🤣🤣

Https://www.washingtonpost.com/world/2024/10/14/israel-iran-strike-nuclear-oil-military/

For reference