Member Info for goinguphigh

Dismal performance - what are they doing ?

need a management clearout IMO

Possible merger or takeover in the air

Included in the Labour manifesto is the creation of a energy Company

Reading the detail , reproduced below, sounds to me that they are gonna chuck £8.3 Billion of taxpayers money , a lot of which will have to pass through National Grid, to speed up electrification of UK.

Very good layer of bureaucracy for National Grid shareholders IMO 😀

An views welcome

To drive forward investment in clean, home-grown energy production, Labour will create a new publicly-owned company, Great British Energy. It will be owned by the British people and deliver power back to the British people.

Great British Energy will partner with industry and trade unions to deliver clean power by co-investing in leading technologies; will help support capital-intensive projects; and will deploy local energy production to benefit communities across the country. To support this, Labour will capitalise Great British Energy with £8.3 billion, over the next parliament.

Price is gonna rocket back up IMO

Institutional Investors are buying big time as they smell a bargain

£91 million transaction last evening :

30-May-24 16:35:04 843.00 10,786,317 Buy* 836.80 837.20 91m

Could not wait any longer

got in at £8.2877

great dividend coming up for starters. then looking for return of circa 20 % in 2 years 🙏

I am gonna buy if it hits 830 tomorrow

Only my opinion

From what I read, both institutional and personal holders are finding it difficult to raise the cash to purchase their entitlement of the new share at the discounted price of £6.45 each

Especially difficult as they have only got until 5 June to find the cash

So, brokers are advising holders to sell some of this share to fund the new share

and that is why the price is dropping

I will be exercising my right to buy the new shares and will also buy some more of this share as the 20% drop in price over last few days means I get a dividend of 3.2 % on 19 July if I buy before 6 June 😀

A J BELL has already set up a buy line for my entitlement

6 JUNE

I am with A G BELL - fantastic company all round

They have already communicated clearly on the purchase option :

step 1 - they have created a buy option on my account for my entitlement - 284 shares

step 2 - make sure you have £1833 cash in your account to purchase

step 2 - click the buy button, select 284 shares and choose the deal option

job done

Not for the faint hearted - hit the Tesco shares buy £10,000 button now and in June you will receive £240 cash ( £280 dividend less £40 dealing and stamp duty charges) 😀

HI,

One of my favourite investments

despite revenue back above pre-covid level, share price not moved back

I believe this is due to increased fuel costs - brick making is energy intensive

and lack of confidence in new build housing due to interest rates

Worth a punt IMO as price is cheap and pays a 5% dividend

Just shows the lack of confidence in the markets at present. This is Ibstock, maker of bricks, etc. Well run and and one of my favourite companies. Has consistently increased turnover and profit beyond pre-covid levels.. Pays a 5% plus dividend. Yet share price remains 30 per cent down on pre-covid ?

because , it is on the cards that it will return to pre Covid revenue AND has it's own state of the art energy generating plant

agree, looking at 10 % dividend and 50% price rise in 12 months

Na, cannot agree with Humpty.

there is very strong brand loyalty amongst consumers

often branded products are better value than inferior watered down Supermarket savers versions and the savvy consumer knows that

also consumer does not make a connection between saving a few pence at the supermarket in order to afford big spend vacations
so, as the brokers are suggesting, Unilever is gonna keep climbing IMO

What are getting hit are the Poundland shops - I observe their footfall is down as stay at home single mums no longer able to buy treats from there

Expecting consumers to stay loyal to their favourite supermarket brands while limiting spend on vacations and home entertainment. Looking forward to a surge in Dividend

at last we are on the move up now that Alan Jope is no more ??

NEARLY THERE ??

Aye upwards all right ?? just crasherooed ??