I’m back in as it seems the banking works seems to have stabilised. Should see this re rate back up to £1.60 to £1.70 range where it was before this issue. Could go higher as interest rates have gone up in the meantime. DYOR and IMHO.
It’s going to be one hell of a ride! If you’re planning on staying in then make sure you’re strapped in. Me? I’m going to forget I’m invested and come back in a few years time to see how it’s gone. Good Luck to us all.
Fundamentals..... lol this share returned 41%yield last year and already 11% this year.... In the last three years or so it has returned its market cap. That is why I am in. Not because of fundamentals but because its a goddam cash machine at this moment in time!
Share that literally pays for it self23 Mar 2023 09:37
For those of us that have held over the past few years the dividends have seen our initial investment returned to us. $50m dollars this year so far and with I suspect a lot more to come. Same again next year and the year after etc. I'm happy with that. Although there is always a risk that the company may decide to not pay dividends but at the moment there is no indication of that.
Not sure people see the potential here otherwise they would not have sold. This will 10 bag for me I am sure! I am a holder end of May isn’t that far away!