Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
67Sam......Citra Living news update.
Miller Homes and Citra Living, which is part of Lloyds Banking Group, have partnered to create 100 private rented sector units in Priorslee, Telford.
The 100 units for Citra at Miller Homes' Roman Croft development will be completed in two phases, with 46 in the first phase and 54 in the second.
Handover is expected to be completed by July 2026.
Danny O'Connor, divisional managing director at Miller Homes, said: "We are pleased to have agreed a deal with Citra Living to deliver 100 homes for the private rented sector in Priorslee, and hope this forms the foundation for many more in the future.
"Miller Homes' Roman Croft development offers residents a blend of thriving town life and picturesque countryside living, with easy access to both Wolverhampton and Birmingham, and the Shropshire Hills on the doorstep."
Matthew Bench, group managing director – partnerships at Miller Homes, said: "Building private rented sector homes as part of our business model, like these for Citra Living, allows us to continue diversifying our portfolio, while creating new opportunities for land acquisition and supporting our overall growth ambitions to 6,500 homes per year."
Andy Hutchinson, chief executive of Citra Living, added: "Working with Miller Homes to deliver these more energy efficient new homes supports the delivery of our goal to help more people live in the place they want and in the kind of modern home they want to live.
"By teaming up with experienced, forward-thinking housebuilders, like Miller, we can bring more, better quality homes in great locations to the market more quickly."
https://www.insidermedia.com/news/midlands/miller-homes-and-citra-living-partner-on-priorslee-units
After 42 trading days, buyback complete to date:
Total shares to date....................................................954,865,205
Aggregate cost to date... ........................................... £476,654,521.96
Average price paid to date..........................................49.9185
Percentage of £2 billion buyback completed............23.83%
Brass Gemini........"Where do I see the current buyback position that is sometimes reported on here."
It is posted very soon after the RNS "Transaction in Own Shares" is released. Normally between 17:45 and 18:20 under the thread Buyback update. Last night it was posted at 18:16.
Just like when you send someone an email they don't want to reply to you get an automated response ......."I am currently out of the office and unable to reply"
Falky's automated response to questions he can't answer is............"please read the thread before asking the questions. Thanks"
🤭
After 41 trading days, buyback complete to date:
Total shares to date....................................................930,393,139
Aggregate cost to date... ........................................... £464,073,677.55
Average price paid to date..........................................49.8793
Percentage of £2 billion buyback completed............23.2%
The Bank of England is right to draw a distinction between the UK and US inflation outlook, and we expect the first rate cut to be in August or maybe even June. Sterling could come under greater pressure, but we think this is less of a concern for the BoE now than it was in 2022 or 2023.
The Bank of England is turning dovish.
The Bank of England is trying to tell us something, and markets are finally starting to take notice.
Bank of England Governor Andrew Bailey has hammered home the message that the UK’s inflation outlook is “rather different” to the US. That sentiment was echoed by Deputy Governor Dave Ramsden last week who said that the UK is “catching up fast” on disinflation, a significant intervention from one of the more hawkish members of the committee.
Up to now, investors had been expecting the Bank of England to largely mirror the Fed on rate cuts this year, despite growing divergence between Fed and European Central Bank expectations. UK services inflation (6%) is noticeably higher than the US (5.3%) or eurozone (4.0%) and investors have understandably found it hard to see the BoE being able to cut ahead of the Fed.
But that’s changing. Investors now expect two rate cuts in the UK this year, starting in August. This repricing could have further to run.
https://think.ing.com/articles/bank-of-england-set-to-cut-rates-before-the-fed-as-officials-turn-dovish/
SUFC.....you are forgetting Lloyds went ex dividend on 11th April taking 1.84p of the share price. That has not been lost, you will get that back as dividend payment in May. Natwest or Barclays SP has not been taken down by going ex dividend in the last month.
After 40 trading days, buyback complete to date:
Total shares to date....................................................917,488,469
Aggregate cost to date... ........................................... £457,461,647.26
Average price paid to date..........................................49.8602
Percentage of £2 billion buyback completed............22.87%