Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
@elphi - What personal analysis are you using or based on? As thought your gut feeling said this share was deadwood a few months ago.
Robust capital position and generation supports planned shareholder returns.
The Group’s capital position has remained robust since the 30 June 2022 balance sheet start date of the stress test. The Group delivered underlying capital generation of c.180bps of CET1 in the twelve months to March 2023, whilst distributing c.100bps of capital back to shareholders, resulting in a 14.7% CET1 ratio as at March 2023.
As recently announced at half year 2023 results, the Group continues to expect to operate above a 14% CET1 ratio during FY23, given the level of macroeconomic uncertainty and expects to return to its target CET1 range of 13-13.5% in FY24. In line with the Company’s published capital framework and dividend policy, the Group expects a 30% full year dividend payout level, supplemented with buybacks subject to ongoing assessment of surplus capital, market conditions and regulatory approval.
Given the successful completion of the ACS stress test, and as previously guided, the Group anticipates resuming its buyback programme during FY23, subject to Board and regulatory approvals.
Received email today from MicroSalt CEO.
Dear Shareholder,
I wanted to reach out to thank all our valued stakeholders as we continue to grow and expand both the commercialization of MicroSalt as well as to educate the food community about MicroSalt which is ready for application across a number of market segments.
The Company continues its growth both in the US and globally as it brings its low sodium mission to both the B2C and B2B market segments. Some of our most notable developments are:
Major US Food and Drug retailer has established 4 private label SKU’s to roll out Q4 23 in 800+ high volume stores. Likely to be followed-up in 2024 with a roll out to over 7,000+ locations.
Launch of our retail saltshakers in the US has resulted in placements in hundreds of stores since late 2022. These placements include Hannaford Brothers, Brookshire Brothers, Pete’s FreshMarket, Heinen’s, Dicks Fresh Markets, Zerbo’s Market, Big Y, Fine Fare and a number of other retailers in the US.
Secured placement of SaltMe crisps within the US retail business focusing on better for you consumer placements including H Mart, Kink Kullen (32 stores) and Dags/Gristeded (28 stores).
E-commerce has begun with the shakers being added to our Amazon US site and pending launch on the Amazon UK site within the next couple of months.
New outreach to the QSR/FSR market with sodium reduced burger buns a potentially significant new opportunity for both sodium reduction and the MicroSalt presence across multiple jurisdictions.
The Company announced its affiliation with Chef Jack Stein as our Culinary brand ambassador in the UK. Jack has a strong following in the UK and will bring much appreciated support to culinary outreach efforts. This partnership is expected to have a significant impact including expanded exposure of MicroSalt products to the culinary audience of Chef Stein and providing culinary guidance and credibility for the use of MicroSalt in both everyday and commercial food preparation.
The Company’s parent company is actively engaged with its investment banker Zeus Capital towards its anticipated London Stock Exchange Listing.
Expansion of staff to include a full-time sales associate and full-time supply chain associate to ensure timely execution of sales and supply chain opportunities.
2023 is an exciting time for MicroSalt Ltd which is seeking to effectuate an IPO on a London stock exchange. MicroSalt Ltd is the parent company of MicroSalt Inc. If you are interested in learning more about the Company, including our parent company’s potential upcoming IPO, please email minglis@microsaltinc.com.
Rick Guiney
CEO, Microsalt Inc.
@PRK1 et al - Genuine question - what if Drahi’s plan is to wait for the Network to be built and cost based to reduce and then put in an offer that BT cannot refuse? And BT gets taken over - what will become of the shares then? Will it be more than £5 or less?
P.S. I know it will be speculative but interested to hear view(s).
@Jakeandelwood - well said!
Such a shame as those involved in competition wits with one another all seem so knowledgeable about BT and Telecoms - but engage in futile arguing that just clogs up this board.
Please give it a rest lads - and before any of the smart alecs says - if I dont like it I would and do go elsewhere, and just visit back once in a while for the good info. on this board.
Thanks in advance, and ATB.
Dare I say Drahi has got to the little nipper lol!!
“Sell your BT holdings bit by bit, and I will give you the cash plus interest and you can keep your profits - so I can hoover the shares up even cheaper so I can increase my stake to 30% wuhahaha!
Cant believe this has dropped 20% past month.
Feel sorry for all the staff members that have their Saveshare maturing next month at 92p - 3 years ago - they will be back at where they started if it keeps on dropping like it has been past month (although no loss made just money back).
GLA.
@Fleccy - I have BT down for ex-dividend on 3rd August with payment date of 13th Sept.
The shareholder meeting is next week if that is what you mean (where they agree the dividend payment this time for 5.39p amongst other topics of conversation).
Unless, they have bumped the divi date forward (unlikely) or are referring to another share that is ex divi next Monday?
@Fleccy - agree with that that SSA deal is opposite.
The social tracking I was trying to explain is referring to searches made on social media and connected to the people that person who made the search is close/connected to, and sent out to the others in thr same circle is what I mean (as same group of people in a circle would generally mean they have same interests/hobbies etc.). So an advert person A might get is because person B has searched something similar and the platform can throw out the advert to A to see if they are susceptible or interested in it because person B is.
Hope that clarifies better than my previous explanation - as obviously listening ‘discretely’ is eavesdropping, but the apps use tracking methods (that’s why if you look at the social media settings of pages / apps there are tracking toggles in all the settings and even on the GDPR pages of websites you visit).
@Gertfrobe: For sure - big bucks in Data and Information as if we did not already know. Just poor joe bloggs who gets his identity stolen and tax payer suffer as usual.
Anyhow we digress from BT.
Apologies all :P
GLA
@Fleccy: Not quiet eavesdropping (although your wife or anyone else who may have experienced this) but Social ‘Tracking’ is how it works through different social digital platforms - like Amazon / Facebook / Instagram / Twitter / Google and so forth.
In a nutshell, it’s the interaction your wife in this example - is talking about something say with her or youself even. You may have googled something, and that tracks what you have searched for and starts throwing ads at you on another platform say on here (LSE) if it’s prompted you to look at that ad - it’s worked on you.
It will then see or track your location, and whoever is or has been in your proximity - they ‘could be’ also sent the same advert or topic. To see if they are susceptible to the advert esp. if you both have been in the same location previously or you have searched something before….and this works vice versa too.
There are also other methods of digital tracking or sense of eavesdropping but above is most common way of explaining how it happens.
Similar to if someone tells you they want to buy something…..say a car……next time you go for a drive…..you see copious amounts of those cars on the road with or without even noticing subconsciously.
All intelligent stuff :)
It’s not really bonkers imo as BT sp always seems to be on a tight leash to rise much on Good news, and does most of the time go down….Still cannot understand why apart from obvious conspiracies lol.
The sp now just confirms my point that this will hover at 120-165 for the short term now esp. as we have now reverted back to 130-140 territory.
GLA.
Hi Expatwalsh,
Indeed it is anyone’s guess.
What you have listed are exactly the other factors I am aware of - and this is what I consider the big news that I speak of (in favour to BT) that needs mentioning to catapult the shareprice - my bad for not listing more of the variables, which I thank you for listing :)
Yes my previous post about BT - is similar to what you have stated post 2024 that the shareprice should be higher, and with better FCF as Fibre rollout should be either near completion or completed to then rake it in.
Regarding Government intimating that they would not let allow foreign takeover - do you really believe what government say nowadays? With their back against the wall and the way UK is going - selling the family silver is not impossible. But if anything as extreme like that was to happen - we’ll see the Openreach split and IPO’ed first.
Anyhow, as you say we will see….what the future holds for the next couple years and hopefully see we were both right about the better than now shareprice :)
GL and ATB.
Funny how many on here were playing guess where the shareprice on results day tomorrow a few weeks back - saying going to +165-175p
BT already went up 20-30% past few months (or 50% if bought sub £1) - for it to go North of 165 in these economics time for this type of company that cannot generate new revenue streams was too ambitious for short term….unless seriously big news (not redundancy and job cuts - this is only short term corporate strategy) or mega invention or investment has been notified or simply economic state (ie. Interest/Inflation) is tamed.
The company remains the same, and will hover around 120-160 for another year or two, and sub 120 if there is another worldly disaster or Drahi pulls out his investments or worse case WW3 then nothing will matter.
Anyhow, I hope I am wrong - as will be happy to be proven wrong, but will continue to hold with average of sub £1.
ATB and GLA.