Member Info for inflationbuster

Clarified post.

Anyone done the maths on the merger arbitrage?

Assume we buy 10K shares at 250p.

Any advantage to hold until the merger is complete (there's a £500 dividend and shares in Aviva of 2867) or take the £2500 profit if you can sell at 275p?

Let's assume no commission and stamp considerations.

Anyone done the maths on the merger arbitrage?

Assume we buy 10K shares at 250p.

Any advantage to hold until the merger is complete (there's a £500 ) or take the £2500 profit.

Let's assume no commission and stamp considerations.

$1.26 vs $1.16 beat on the EPS again

Https://seekingalpha.com/article/4718386-carnival-corporation-stock-sailing-out-of-trouble

Please go up 🙏

They didn't announce any further buybacks because if you look at the consensus they are done for FY24.

Gov holding dropped below 19% !!!!

I've added. Whats changed?

Solomonkane, not behind if taking into account financial year?

Bottom of trend line.

Should bounce from here, famous last words.

Soon.

On top of the £750m they will do another £1bn for FY24. So they should return £3bn FY24 including dividends, expected to be a total of 8.5p.

Not sure when to sell. The presentation is super positive and profits will grow as Sainsburys and Metro bits are absorbed.

Plus won't they will do further directed buybacks if the opportunity arises? This will further reduce the share count.

Thye bought Metro bank mortgage portfolio!

WTAF

RCL reporting banging results. CCL WILL recover, I will be patient and make a ton of cash here.

Could be a short covering if RCL results cruise ahead. Pun intended.

1400p coming boys.

Consensus (average) dividend is 17.1p (+0.1p over FY23). I guess the board want to focus on market/directed buy backs.

So an increase on the 5.5p interim would be a bonus.

400p on the cards as further buy backs bite. Consensus is low to mid 7bn shares.