Member Info for Gerry557

Hi Paddy

Im happy if it becomes boring. I note there might be an update on the 31st

I managed to view the presentation without issue

It could be the lse website not giving the info. I went to London Stock Exchange and found one dated 23rd Mar 26. It covers buys from 16th to 20th. Some 7.2m shares

https://www.londonstockexchange.com/news-article/LGEN/transaction-in-own-shares/17515883

So it will be two weeks tomorrow from the initial buyback announcement. I'll look forward to tomorrow's RNS

Nomad.

The Isa is helpful although without it, other taxes can make it a bit punitive. Hopefully over there the sharks just swim in the water. Over here it can feel like humming the water if you start making a profit or earning a dividend

That is another 18% drop from today's finish. Still we are in unsettled times and with a weakened hand. In some ways I hope you don't get to buy more.

Yes things looking tight and doesn't leave much to de-lever or invest. I assume there will be some inflation rises. Will look closer at the presentation.

Ah yes good old Liz. Still time is making her look a bit better against Rachel's teary time. I think I topped up too early as I bought around that time but for 213 not 201. I think it might have been Liz's first day in the big seat.

I suppose someone has to get lucky with both timing, fund availability and the will to act.

Dividend cut by 20% from 10p to 8p

After ex divi it should drop 15.67p but we won't know from what level the market has taken it. I suppose it might take away some of the pressure supporting the shares once the dividend is off the table but I couldn't say by how much.

Looking at the last 5 years the low was about 207p. I can't remember what was in the news back then to drag it down unlike now where its more current. We know markets don't like uncertainty but it can switch rapidly. Then you get anchored to the last low share price having to watch whilst things move in the wrong direction and the fear turns to greed.

Hopefully your funds are in an isa wrapper otherwise you have additional problems to worry about. You might be waiting a long time to see 190 and even if it does get there will you continue to hope for more. What will the landscape look like then probably quite bleak for investing even if its probably the "best time"

I said previously sometimes you have to take what's on offer when its on offer regardless of what rambling one person might make. Good luck with your dilemma.

Hi Damienmoore, I hadn't looked at the discount so that was another bonus. I have been following for a small while but it kept going up and up. Obviously the last few weeks news has dragged everything down so I have been lucky to jump on board. It's also likely the reason the discount has widened.

Guess I will be following things a bit more closely here now

Good luck to you Sir and it looks like you might already be in profit. I thought it might keep tumbling a bit more. Probably would have done until someone mentioned the war.

I suspect there might be more time yet with this one.

Share price seems to be swinging between 240 - 230. I dont know if Ive been lucky or needing to buy another batch. I should switch off the computer and do something more interesting.

I suppose it shows you need to consider what is on the table when its there because it can disappear very quickly

I should have read all the comments in here first but after my last buy disappearing under water I have added another batch. Its not far off the 5 year all time low if you deduct the dividend.

Still, things might get worse yet. How soon before another top up Im not sure. It should help the buyback although Ive not seen any RNSs on that yet. New ISA just around the corner too.

This looks like a quiet board but I have decided to join you all. Part of my task to increase my overall Investment trust holdings. A dividend is also a nice bonus

It's funny how quickly people decend into name calling on the RR. You are normally expected to play the ball not the man. It didnt used to be so toxic here, hopefully we can get back to that.

Jus15. The comments were in relation to what you wrote and as you have highlighted a bit meaningless without the context. Although its a commen problem on a bb.

Still if you cant buy RR. Shares a new house sounds like a nice consolation prize. Hopefully the rump can rise and you can sell a few to upgrade the garden/kitchen/bathroom as you see fit. I hope everything moves smoothly like a well oiled engine.

I might have missed why you and Ford seem to rub each other up. Hopefully you can both put it behind you and keep any attacks on the message rather than the messenger.

I wish you both happiness.

Quoting Buffett and saying how easy it is to make cash is easy when you hide behind the "if I had cash" Comments.

If its such a good deal why aren't you borrowing like Billy-O to stock up.

Trump says world has 10 days to see if Iran agrees deal or 'bad things happen' 19th February 2026.

Probably close to the time to exit the markets if thats what you do. Tinternet says bombs were dropped 28th before the markets opened down slightly. That was a bigger nudge, again if thats what you do.

Still it might be nudging buys soon if you want to get back in. I suspect any cessation will be over a weekend and the market will open with a jump.

So you need to play carefully to maximise things around the news cycles

BeardedDragon

You have to decide that based on your personal circumstances. It's below that price now and basically back to equivalent pre deal price and it was about this level I bought back some of those I sold. Looking at my swap tracker its swung in favor of me selling up and buying other investments to the tune of 4.5%.

One has to question why the price is back here. Inflation concerns, conflict in the gulf and bond rates rising won't help and talk of a foods devision spin off.

So this "buying opportunity" might become an even better one if things keep getting worse. Although if you want to jump, eventually you have to take what's on the table before events shift against you and you miss out. Unfortunately I don't know where that turning point is or will be.

Currently Im not minded to add anymore just yet.

You can use the "Great dividend" to re-invest in more shares and approximate growth by increasing the overall number of shares. If the SP stays the same then you will get 8%+ effective Growth and that is before any buyback effect.