It bought up American chain regal to becone 2nd largest group globally and there was a placement to help fund it.Brokers think it was a good deal,takes it down to a pe of around 10 in 2 years and a div of 5% .Average pe has been between 16 to 19 in past.
No luck required the forecasts are really good and the brokers are purring over this one.
I tipped it back on the aviva board five years ago at around similar pe ratio of 10 and it flew upwards.Will u a screenshot of forecasts.
Came out of lloyds at about 68.8p about 1.3p profit after costs,lgen 1% in blue after costs&duty ,so a very good day.
Baffled why talktalk is so cheap 94p.
Ive had what seems like 20 years trouble free computing using avast firewalls and they offers vpns as well.Could be handy I guess as added protection if you need to use open wifis whilst on travels.
Lloyds full year results tomorrow.
I still think 2% of investments into bitcoin or ethereum is shrewd risk/reward judgement.
Itv my guess is it could climb to 220 to 230p this year esp with increased world cup revenues.
My interpretation of the balance sheet as a shareholder is that its costs each year is between 4 to 4.5 m and it has lost on average 2m per year for the last three.
Revenues for the last four years 4.4 m 2014,1.9m 2015, 1.8m 2016,2.7m 2017.