Member Info for Harpazo2

I’m I thinking to simple, but cannot this daily debt of 737m be considered more like a working capital? Ie when houses built and sold the end debt on 31/12 will be in surplus 100m at year end?

“· Expect to achieve a net cash position at the year end with the target of closing net cash of c.£100m and lower full year average net debt.”

Reduced its debt by £36 last year, planning to reduce it more this year, ending year with £100 net cash.

Don’t seem to have a problem currently spending £100k a day buying back shares.

“· Remaining £29m of the current £130m share buyback programme to be completed, with no further capital distribution proposed on the back of the 2025 results in order to prioritise debt reduction.”

Why are the results of Vistry better than TW in all respects

Revenue higher

Profit before tax better

Units sold etc

Yet we are valued at 1.5B and Tw at 3,7B

Can Anyone better than me, a newcomer explain?

Thanks Dumbly

Still ,

So it’s the Gas that’s the issue

Fair point KOTB

It is harsh though that you pay EPL on all your profits, when only 50% of it ((Gas) is above the threshold.

What would happen if a company produced 100% Oil. Very harsh

If the average is below 71.4 for 6 months then we don’t pay EPL? That’s how I understand it, what everyone else think?

Surely AVERAGE price of oil is now below the rate that triggers EPL. It only briefly rose above 71 in June.

The ESIM triggers when the six-month average price for oil is at or below $71.40/barrel and the average price for gas is at or below £0.54/therm.

Surely AVERAGE price of oil is now below the rate that triggers EPL

The ESIM triggers when the six-month average price for oil is at or below $71.40/barrel and the average price for gas is at or below £0.54/therm.

So renewables has given us didly squat

Zilch

Sell all of it

How much have we invested in green energy

Read Mark Twain book Innocents abroad

They went through all Israel in 1867, it was barren desolate apart from few normads.

The land was empty, all the Palestinians there now are people not wanted by their neighbours

Ineos to leave UKToday 08:21

Manchester United co-owner, Sir Jim Ratcliffe's Ineos Energy, has declared they are withdrawing their funding in the UK and shifting their investments to the US.

Ineos Energy, the oil and gas production and trading branch of Ratcliffe's empire, had been pouring money into their oil refinery in Scotland until recently.

However, with the Grangemouth oil refinery shutting its doors in April 2025, Brian Gilvary, the executive chairman of Ineos Energy, has admitted that further investment in the UK is now off the table

Speaking to The Telegraph, Gilvary stated: "We have stopped investing in Britain. Our future investment will not be [in] the UK. There's no question of that.

"The problem is that the UK has become one of the most unstable fiscal regimes in the world from a perspective of natural resources and energy.

"It means we cannot invest with any certainty because we can't be sure what future tax rates will be.", reports the Manchester Evening News. While Ineos Energy are now planning to invest £3bn into the US' oil and gas industry, there is no suggestion that this could cause Ineos' sporting operations to withdraw from United.

Manchester United co-owner, Sir Jim Ratcliffe's Ineos Energy, has declared they are withdrawing their funding in the UK and shifting their investments to the US.

Ineos Energy, the oil and gas production and trading branch of Ratcliffe's empire, had been pouring money into their oil refinery in Scotland until recently.

However, with the Grangemouth oil refinery shutting its doors in April 2025, Brian Gilvary, the executive chairman of Ineos Energy, has admitted that further investment in the UK is now off the table

Speaking to The Telegraph, Gilvary stated: "We have stopped investing in Britain. Our future investment will not be [in] the UK. There's no question of that.

"The problem is that the UK has become one of the most unstable fiscal regimes in the world from a perspective of natural resources and energy.

"It means we cannot invest with any certainty because we can't be sure what future tax rates will be.", reports the Manchester Evening News. While Ineos Energy are now planning to invest £3bn into the US' oil and gas industry, there is no suggestion that this could cause Ineos' sporting operations to withdraw from United.

Stopping Israel won’t work

Hamas will then just be free to terrorise the world

We need rid of all the terror groups

Interesting they offered 2% of the company but institutional took 3%, a 50 % increase.

Castrol update?

I thought ex div was tomorrow

Acting like it’s today

I see 200k of Treasury shares have disappeared.

I assume they’ve been used for some sort of share incentive scheme?

No news

When shares are cancelled then existing shareholders have an increased share in the company

In Treasury it might only be temporary, they could be given to employees which then puts our shareholding % back to what it was originally.

And is on track to deliver a year-on-year increase in profits in FY25.

For me, seeing the young population celebrating their own country being bombed explains a lot.

It’s an awful oppressive regime that the Iranians don’t deserve.

Yes but profit should and can be a reflection of revenue either way the right management,

Here’s hoping the potential is good