Member Info for ftseexplorer

Newtrader87, appreciated. It is a good article.

I am not a Times subscriber, but if anyone who is can copy/paste the article on the BB I promise to pay it back down the line if an article comes up in The Telegraph! Thanks!!
https://www.thetimes.co.uk/article/glaxo-can-provide-a-shot-in-the-arm-c7srfmb3s

ASP, Net Net you should be evens on GSK as the share consolidation today has led to a corresponding rise in the share price.
You will not receive Haleon shares, however.

Do you ever get the feeling VOD is run by a bunch of flower arrangers?!
The saying is "if you deal with the big issues the minutiae takes care of itself" not the other way round.
Let's be having some proper deals Mr Read!
https://www.lightreading.com/iot/vodafone-preps-spinoff-of-euro-900m-iot-business/d/d-id/778138?_mc=RSS_LR_EDT

Quite an eventful few days!
https://www.thisismoney.co.uk/money/markets/article-10898097/Melrose-boss-paves-way-GKN-sell-four-years-8bn-takeover.html

IMO Melrose has a company or list of potential next acquisitions in sight. Yesterday's announcement plus the recent director buys indicates they might be clearing the decks in preparation for an imminent announcement. I so really hope they don't do another capital return/share consolidation. Having gone through it last time with them and Aviva it really is disliked by many private shareholders.
I re-watched the automotive investor day presentation from last year and it really does make you feel excited for the prospects for GKN/electric vehicles given the macro-economic issues we see in the world. Tomorrow is the aerospace investor day so I am hopeful of a tick up in the share price.
I'd love to think they can become a £16b company but I'd be utterly delighted to see them back over £2 a share where they clearly belong.

Good luck with your strategy Adastra. Personally, I think FTSE is a good place to ride out this storm. Summer traditionally volatile so you may pick up c1250
The only thing that could see creating a major correction is something unexpected like escalation of the war but I’m delighted to ride out anything as my average is 1221 which I believe in 3-5yrs will seem an absolute bargain.

It's been 15 months now since the CEOs interview with FT where he stated the next big acquisition would be in 9-12m. I guess the Ukraine situation has put paid to that and we will know soon enough what is in store.

Good to get a PE ratio that means something- by my calculations we are on 19.44 based on basic EPS of £0.062.
Headlines were good but delve deeper and flat prospects for 2023 and rising debt will not ignite confidence

Pay date for Crest is 19th and any fractional shares will be paid out 31st

Apologies if this has already been posted but this is the first article I've read that vaguely resembles positive news flow.
Keep the faith! The bulls will have their day...
https://moneyweek.com/investments/stocks-and-shares/share-tips/604837/should-you-buy-itv-shares-as-it-takes-on-the-streamers

Being new to this board, but certainly not new to investing and share consolidations I am with Paul on this one.
Seems like we'll have to go through the process to see.
FWIW - it's very difficult to predict the price change in a consolidation but I do know there are buying opportunities around the days of the consolidation and before people get their money (and likely reinvest). I hedged my bets and bought £10k at £4.07 yesterday and have kept a further £10k until Monday/Tuesday to see if the "without dividend" price is marginally better.
That said, what we all agree on is that in the medium term there's at least 10% upside with a target price of £4.50+

I apologise - certainly not intending that outcome. But what is a board for if not to seek clarity. As far as I am concerned no one on here is qualified to give buy/sell advice so everyone should DYOR . I have read the key dates circular. Perhaps you can explain then if it takes 2 working days from buying to be on the register and vice Versa why someone could not sell 11/12 and still be on the register until 16th why they would not register for B shares at 6pm of 13th and still be able to sell existing current ordinary shares.

The record date is Friday 13th and as it takes 2 days for settlement, technically there will likely be sellers tomorrow and Friday who will get the capital return of £1.0169 AND avoid the share consolidation. Today was the last day you could buy and receive the capital return.
The shares consolidate on Monday 16th.
Therefore, anyone buying Thursday/Friday will be worse off by £1.0169 per share as they won't get the capital return and they'll have their shares reduced by 24 in every 100 they currently own.

It's indeed encouraging that Schroders, Blackrock, Artemis and now RWC have each taken/increased holdings to c.5%+.
I actually think that the new strategy announcement in early March was largely misjudged and thus an over reaction by the market. The Netflix drop in subscribers compounded the reaction. As far as I see it the incremental increase in content is £70m more than previously advised. It doesn't seem excessive when an AVOD model may be very attractive to people looking to save on their other subscriptions.
ITV are in a sector which is seeing high M&A activity but I don't see any likely moves until after the potential Channel 4 privatisation has been concluded.

....multiplied by 3-4 issues per month c.36 issues per year and we got >1% dilution p.a. It's a force pulling in the opposite direction to EPS.

Me too Shanny80.....It seems the 'city' was expecting immediate upside from the heightened security levels with the shares down 2.3%.
The hidden gem in today's statement is the currency upside brought about by a weaker £. It could add 2-3p EPS per share to what is already a good growth estimate of 4-6%. If the £ stays low we could see a c.10% EPS lift yoy. On that basis, if there are any dips below £7 I'd see them as good buying opportunities - a PE of 13.5 is pretty un-demanding for a business that has such good medium/long earnings visibility now that the ESG negatives have been pushed aside.

The best attempt at putting a sum of the parts calculation on VOD came from GLTader on 23rd March.
Of course, believing the company is undervalued is what keeps us all here otherwise we'd have all been long gone.
Personally, i think this high inflation environment is perfect for VOD and other telecoms. They must be rubbing their hands with glee with the prospect of increasing prices 9% from 1st April. Whilst the next update won't show the positive impact of this and actually believe 2022 is our year of reckoning for all the painful long term holders of this share.

*took

If I read the RNS correctly, Capital Group to another 5% interest in BAE to take holdings to 10%.