Member Info for Gerry557

Well, will we ever get a 7% yield. Sell in May?. Summer seems the time to pick up some things on the cheap. Normally get a dip around this time of year too.

I wondered if that divi will get bumped a tad or will they continue to reduce debt. Both?

Was just looking to comment on my comment over saying ULVR was expensive but more likely to hit £36 rather than £26. Unfortunately LSE seems to have lost all the history on these bb's. Just goes to show something expensive can always get even more expensive and the market can stay irrational longer than you can stay solvent. Would I buy on the recent dip I was asked, No I said. Maybe I should try and be a lucky investor rather than clever investor.

A few years back (21/2/14) VOD, post the sale of Verizion holdings did one to keep the same share price post deal. The details were still on the investor relations pages last time I looked. From memory apart from a few pence it think things ended neutral for me. I might have even been sent the few pence in cash but didnt feel like I'd "lost out".

a big buy

in the firing line today ref min wage. This article puts it better: https://www.retail-week.com/analysis/debenhams-pay-row-is-the-retailer-a-victim-or-villain/7018634.article I was under the impression most staff seemed happy at Debs even if perks were getting harder to come by.

True Queeny some jobs can soon be filled. Another lady who also worked for me at the same time as the other, considered quitting as the childcare costs was eating into her wage. I pointed out that she was accruing pension, experience towards promotion, annual wage rises and generally ok flexible working environment and that it was a temporary situation. Not withstanding that once out it would be very difficult to get back up to speed. Fortunately she stayed and the attitude difference between the two ladies was quite a contrast. The first used her baby as a reason why she could not work the latter would say can I switch to this to x as y is more difficult and I can get family in to help then. Like I said, people need to find a solution that works and is seen as fair for both sides Debs down a tad, looks like publicity not affecting this too badly.

We all like round numbers and I take it the others are for the divi too. Is Shell better than BP? Buy on the dips seems to work for me. I hold the other too and topped up recently on Vod.

I think you might be surprised. Over one year Vod is off by about 5 or 6 percent but pays a bigger divi, well depending on when you bought. So not that much in it. Verizion saving $250m on the Yahoo deal that now looks to be still proceeding after the hacks. The better news for vod is that it is less regulated and allowed to make more profit whereas NG. is limited

Saving $250m after the data breech. So the deal is still going ahead

The £Bn FCF is expected "at the end of the decade" was Mr East's words having checked back. He also scoffed at that being the maximum and stated that RR. should be able to aim much higher. Still, when you sat looking at your cream tea on the table, being told there is jam tomorrow, it wont make those scones taste any better today even if they tell you your going to get an extra big dollop for waiting. I look forward to getting fat!

It always irks me when companies pay bonus after announcing £Bn's in losses. At least here its the shop floor getting some. I bet we can't recall it from those that caused the losses.

SharpeRatio, you are probably right. Sometimes the more rights you get the less it does for you. I know several people who will not employ women of child bearing age now because of the costs of doing so. Might be an extreme but one solicitor was looking for a fourth person to cover for the previous three who were all pregnant. I remember being asked to write an assessment on an employee who I had never meet. She came back to work nearly 3years later only to disappear again as she had accrued so much holiday time. Her co workers were not that impressed and maybe she gamed the system more than most. I suppose its a balance between rights and responsibilities and what is seen as fair, for both sides. Saying that men can have time off too and in these days of equality it might be the ladies who are the breadwinners. I wonder how much of an issue it is for Debs, they seem to have lots of ladies working there

I'll just sail away on my yacht Queeny or put my headphones on and run around the park. If they did get me before the committee I'm sure there is lots of ammunition on MP's behavior I could use. Do they still use "free" interns?

Well the £63000 fine will be coming out of our pockets (divi's) rather than the boards bonus pool I do suspect. I'm getting quite experienced at paying out for all these misdemeanors what with banks and RR. Debenhams blamed the case on a "technical error in its payroll calculations" A spokesman added: "As a responsible employer Debenhams is committed to the National Minimum Wage, and as soon as the error was identified by a routine HMRC audit last year, we reimbursed all those affected. We have apologised to all our colleagues affected and have taken steps to ensure it cannot happen again.” Well I suppose its better than them knowingly paying below the amount and wonder if it was ever picked up by any staff members. Maybe they didn't even notice as it was too complicated.

Bored, I'd say steady divi payers. Nothing wrong with little happening and a little flurry every six months when they update. OK it makes the bb boring maybe. If you want excitement try some AIM, you can spend hours talking about the risks while you make a fortune and loose you shirt within an hour. Yes you get slapped down for any negative views over on RR. and things can get personnel. I have asked him to play the ball not the man previously. I think its just the way he is. Plus everything is old news. I'd rather he sticks to why he thinks things are so positive than attacking individuals. I suppose its a bit like here, there are problems but hope for the future if plans work out. FCF seems key for both and that wall of worry wont climb itself.

on shopping in Debs over them selling the hijab. http://www.express.co.uk/news/uk/766870/Debenhams-hijabs-Muslim-clothes-sale-UK-Department-store

Grayling, I am more sanguine over the "loss" due to the derivative. Much is just accounting rather than real. There should be "gains" later when the orders hedged do come in. The fines are real losses out of our pockets, booked now but paid over the next 5 years (unless there are more to come) Need to recheck the FCF figures, £100m for this year is not much improvement although £400m the year after looks better. Can't remember when £1Bn was due, maybe 2020. Divi held albeit at re-based levels. Maybe they should have cut the lot. As for those that did the particular financial instrument are now ex-employees comment, I think it did what it said on the tin. If the FX had gone the other way, we would be booking a profit on paper but the value of orders would be booked at a lower profit. Swings n roundabouts!

Well your Verizion was related to your Vod holding probably anyway, mine is. You make your decision based on your best knowledge at the time. I dont think you have made the wrong choice, currently holding was doing best but things can change. You might feel different if there was a bid or the price war in the US intensifies. Vod did say things would be depressed for a couple of years and Project Spring is about to spring. Did you guess the $ would move so much, great for divi's from Verizion but expensive to buy, I didn't. So selling the expensive share and buying a cheaper one with a bigger divi should be good long term. I've not bought any more Verizion but have added to Vod. I agree with your other comments

with Verizion coming up on the 21st I think and it was worth holding onto them last time I looked. I will have another luck, did you see what I did there, again later. Grayling, you will have to find another home for the cash, I still look at it as x6 divis a year and worth compounding if the SP doesn't rise too much. The company is turning and the SP will follow. Dan, dont take it to heart with my critique on the use of opinions selection. I never use it! even when I post details of my buys and the reasons why. You are of course free to post your strong buy but expect to be questioned if you do. Out of interest I take it you did buy some then.