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Sack the board.
All IMHO DYOR
Happy
Any news
Happy
Committed to at least $15bn through 2025 if market conditions remain stable. That's about 15% of current market cap.
All IMHO DYOR
Happy
Multiple RNSs landing.
£20 here we come within 6 months?
All IMHO DYOR
Happy
Apologies for my earlier error. Reading in a hurry. You are right. No increase from Q3, which is a tad disappointing.
I would much rather a higher cash dividend than these buybacks.
All IMHO DYOR
Happy
Https://www.londonstockexchange.com/news-article/BP./4q23-sea-part-1-of-1/16319223
Fixed dividend increased 10% so I was spot on here.
Buybacks $1.5bn for Q1 but $3.5bn promised over H1 so looks good.
Net debt sharply reduced to $20.9bn.
These results look very good and underline how cheap we are. Need to read fully...
All IMHO DYOR
Happy
I have high hopes for this set of results, which will be driven by an exceptional trading performance. BP's trading team is better than Shell or Exxon and they both did well.
I am expecting a 10% increase in the fixed dividend and buyback of £2.5bn.
All IMHO DYOR
Happy
Julian Dunkerton the founder wants to take them private.
https://www.investegate.co.uk/announcement/eqs/superdry--sdry/superdry-plc-movement-in-share-price-/8020050
Is this a template for us?
All IMHO DYOR
Happy
On reported takeover.
If Superdry can jump so much in one day following appalling recent results, there's definitely hope for us lol!
All IMHO DYOR
Happy
Investors are being too slow to respond to the improving macro environment. Lower rates will ease the pressure on the consumer and reassert our position as a growth stock.
Everyone is rightly focused on May for a substantive update but if our sales growth this year exceeds expectations, the new FD may want to announce it sooner. So an update could come sooner.
I remain very bullish on Boohoo and will reassess my holding in Dec 2024. The new year has not started well from an SP perspective but the investment case is stronger than ever; we've never been in such good shape operationally or financially.
All IMHO DYOR
Happy
Https://www.telegraph.co.uk/business/2024/01/30/bp-lost-net-zero-no-mans-land/
For those who don't know, Ben is a Net Zero worshipper. Here he addresses the Bluebell letter.
I can't post a non-subscriber version. I don't know if anyone else can.
All IMHO DYOR
Happy
I don't see this article as trashing Boohoo but it's completely got the wrong end of the stick because it's referring to individual brand accounts that are very old and irrelevant. They are for year ended February 2023, which Boohoo has already reported on at group level.
It's poor journalism reaching the wrong conclusion based on outdated data.
All IMHO DYOR
Happy
It's a new article but the results filed for the individual brands, which exclude Boohoo itself, don't tell us anything material that we didn't know from the previous Boohoo trading statement. They relate to year ended February 2023 so they're a whole year old.
All IMHO DYOR
Happy
Absolutely spot on LTT.
FIG need to get their skates on. They are partly responsible for many of the delays to date.
Put bluntly, the Islanders need to decide whether they want to be fabulously wealthy or remain a sleepy backwater. Either is a perfectly legitimate choice and the two aren't mutually exclusive.
But it's very naive to expect there will be minimal impact to their lives if oil production takes off.
All IMHO DYOR
Happy
Great blue day!
Long may it continue!
All IMHO DYOR
Happy
Respectfully, it's the other way around. It's very easy to recruit someone especially if you have someone in mind but it's not easy or quick to dismiss someone because there's due process and employment law. At board level, such a rapid exit speaks either to some impropriety (no evidence of this and they would have needed to disclose it) or a boardroom bust-up after which parties simply couldn't work with one another. We should hear more in days and weeks to come via the press.
All IMHO DYOR
Happy
I totally get the history and the cynicism but it's a long time since things looked this good. We have never had a partner as motivated and proactive as Navitas. I think they are excellent and the polar opposite of PMO or Harbour.
The SP is so frustratingly low. I honestly thought we would be heading for 15-20p after recent updates including monetisation of the award and SL.
Surely someone will take a material interest at this price?
All IMHO DYOR
Happy
...to pay off debt.
You have invested in a lemon that is being squeezed to return cash to bondholders.
Fours years of opportunity cost. Keep hopin'
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Happy
Debt reduction is very slow.
At end 2024, fully four years after Rahul was appointed net debt will still be $1.4bn. If they hadn't sold Uganda (which was before Rahul joined) net debt would still be $1.9bn. So, frankly, he's not done much in real terms. And the SP reflects that harsh reality.
All assumptions are based on $80 oil. What happens to Tullow if oil falls to $50 for 12 months?
This is not a good investment.
All IMHO DYOR
Happy