Member Info for hitman1a

Are you really sure you want all the facts ?

I always thought total costs were nearer $960m /annum once you included BP profit share.. and there was a 32% deduction to gross Malaysian production which has to be deducted from the figures Enquest provides..

No doubt 2022 production and deleveraging looks good but what are the projections for 2023, 2024 and 2025.. Perhaps an FDP might be submitted by 2025 for either Bressay or Bentley, but by 2025, production might have declined to perhaps 30k/day.. which at $100.. gets you just above break even.. Then to start either project, you'll need mega financing and another RI. Think AGM is 17 June , so I might attend and ask a few questions.. ( only have to buy 1 share).. Interesting the 2027 Bond is now below par so is better than 9% yield which will become very interesting if it falls further..

These tax payments wouldn't matter that much if Brent was trending higher into a higher production period.. so I guess Enquest will have to step up it's short payback drills even more.. hopefully a new plan will be revealed at the AGM.. and the SP will start motoring upwards.. otherwise I fear like baldness, it starts off slowly and then becomes a bigger issue.

With Nigel Wilson : CEO : Just saw it.. seems like he knows what he's doing..

Perhaps we will see more money reinvested tomorrow to take us to 440p, At the moment I haven’t seen that much . 460p would be nice if the big boys think a good chance a bit extra via solvency ratio excess will be released towards end of year as second interim div .,

DJ has gone negative .. from 422 to 411 is about the same as the next dividend.. eg estimated 11p.. Perhaps we are channeling in the 410p/420p range until we break out to 440p . Perhaps a second interim dividend in Dec.. of 6p.. or increased first interim dividend.. Doesn't look the II have reinvested their £3.75b back into AV, so perhaps they might start something next week..

I can only see the B shares cash in Barclays ( no div yet) .. SP seems to be dipping so has worked out a better price than the 415/416 I got yesterday via HL. Currently 411.70.. Done half at 413.3 , will wait and see if it dips more..

Thanks for info , are you buying now or waiting for end of day , next week ?

Nothing yet on Barclays Smartinvest .. was warned by others not to expect them to be quick off the mark a couple of days ago.

Still nothing from Barclays , neither capital or div.. pleased the share price is recovering today with the rest of the market, and did have 75% of my holdings with HL , all of which was reinvested yesterday.. At the end of the day, only a minor amount from Barclays yet to reinvest at somepoint.. Almost 421p and 423p is really the point at which I don't get back the same number of shares..

Not sure how much of the £3.75b will be reinvested , but it doesn't look like that much has at the moment..

Still no dividend or capital.. at 15.14hrs..

Just reinvested cap and divs in AV via HL.. Had to manually transfer div cash.. ( easy to do)
£4.15/£4.16. better than 4.23) . If the Times article is correct, then next years div might be 37p rather than 31p.. given Solvency II ratio and excess over 180% being released to shareholders if the business can't find another purpose for it.

Still have the holding in Barclays to do.. ( when they get round to it). Might get it lower than £4.15.. as it wouldn't be good to have all the brokers issue the cash all at the same time.
GL.

which platform ?

I also just got my redemption capital in HL isa .. ( no div yet) Waiting for non-isa.

Bought at £410.78. anything below £4.23 is fine with me..

Did try the suggestion of manual trf in HL , but nothing in capital account to transfer yet. Will assume others are right and it will land at lunchtime.. Will look at Barclays later today too.

Are those that received the div today investing back into Aviva at £4.09 or waiting for US markets to open at sat 14.30pm and see which direction it goes.. At the moment AV seems to be holding up nicely..

Logged in to HL and the div money hasn’t arrived yet .

Excess capital over 180% solvency ratio which business can't use will be returned to shareholders over time, as well as dividends.. as per Amanda.. several times this morning. As the business generates profits each year and covers the dividend by say 1.9x , then there should be extra capital being generated each year to keep filling the cup.

Solvency II cover ratio of 198% already indicates something extra perhaps next year..

Lucky DJ is now down 1063 points which gives us a chance perhaps to get in tomorrow lower than 415p and reinvest the div money and perhaps B cash if available. Eventually this will head up to £5 once the extra returns become more visible next year. Perhaps the news tab is correct ? another £500m (18p)/ £1b (36p) coming as well as the 2022(31p) and 2023 (32.5p) dividends. ?

Already £4.15 .. and looks like will exceed £4.23 tomorrow.

Doesn't look like I will get anything reinvested below £4.23. Even if 10% of the div and B cash gets reinvested, this will bounce back to £4.40p (7%). At which point the mini Massimos will sell everything they have acquired this week at £4.00. Still think the yield should be 6.75%, even 6.5%.. so £4.76 remains a good 1yr target for me.

Seems good , likely to push sp higher today . Sort of wanted it to stay low this week until the div and b share cash had been reinvested .

Your 2,500 shares are now getting 31p div next year instead of 22p. . So your better off.

£4.05 is a lot better than looking at £3.85 yesterday..

But comparing to LGEN per google which is now sub 7% yield, this should now be nearer £4.50 . ( which it will probably will be over the next 2 weeks once some of the div and B shares cash gets reinvested).

Google showing AV yield at 7.16% at £4.05 , but at 31p it should be 7.65%. GL..