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220.50 for me thank you h&l.
I will be happy with that. Come on mr steinhoff show us the money!!!
Is 600m if im not mistaken?
Steinhoff is applying the final touches to a £600m-plus takeover approach for Poundland ahead of this Wednesday’s bid deadline, as it pushes ahead with ambitious plans to ramp up its UK presence. The South African conglomerate is hoping that it is third time lucky after failing with attempts to take over Argos-owner Home Retail Group and electricals firm Darty. Steinhoff’s previous Poundland proposal was snubbed by the board. It is understood that management views the move as opportunistic following a turbulent year for the company. On the day of the EU vote result Steinhoff said it was “considering” its position on Poundland but has since continued to buy more shares taking its holding to 23.6pc. Analysts thought Steinhoff would have to offer between 220p and 230p a share but Poundland’s shares were battered in a post-Brexit retail sell-off and have been hovering around 180p. It is understood Steinhoff is looking to turn Poundland from a single-price retailer into a multi-price chain along the lines of B&M Bargains. Analysts believe that selling a wider range at different price points would cushion it from currency swings. UBS analyst Adam Cochrane believes Steinhoff would also have a chance to introduce concessions of its burgeoning discount fashion stores Pep & Co.
Today shares in nxt have gone ex dividend so anyone buying today will not be entitled to the dividend. For future reference you need to buy shares at the very latest the day before the ex dividend date to qualify for it.
I doubt if we will even get a bid above 220p
To go Mr steinhoff are you in or out that is the question
Im tucking these away for the long term. The buybacks are continuing i can see. Over 500k spent today we down to almost 148m shares now.
*mr cameron
I think you owe mr alan g an apology we are only a few pence away from 400p and no sign of any 200 or 250p that you predicted. Maybe you should be resigning from your position like my cameron
32.98p
Does purchases today qualify for the dividend??
Still waiting for full year results. Only 10 trading days left in April. Let's see a nice 50% jump in the dividend for starters!!!
In bp and shell. Talk is cheap so the derampers can keep talking. Let's see who's laughing in 6 months time.
Moving into this share today I think. That is why it's rising imo.
Opec was on the verge of claiming victory over its North American rivals last night after its strategy of squeezing out the shale industry by flooding the markets with oil appeared to be vindicated. The oil producers' cartel said that falling prices would force lower production from its rivals by the end of this year, with American and Canadian producers particularly affected. Opec, led by Saudi Arabia, has maintained production levels even as crude prices have collapsed 70 per cent from their level in 2014. In its first monthly report of the year, Opec said that its policy was starting to have an effect and it highlighted the North Sea as a "particularly vulnerable" basin. Analysts said that Saudi Arabia and its allies in the Opec bloc were taking aim at American frackers, who in a few years had transformed the US into the world's biggest oil and gas producer. The lifting of sanctions against Iran also has strengthened Saudi Arabia's resolve as it is unwilling to leave a gap in the market for Tehran to fill. "The analysis indicates that 2016 will be a supply-driven market. It will also be the year when the rebalancing process starts," Opec said in its report. "After seven straight years of phenomenal non-Opec supply growth... 2016 is set to see output decline as the effects of deep [capital expenditure] cuts start to feed through." The decline will be cushioned by new projects commissioned when oil was selling for more than $100 a barrel, but the level of investment that was abandoned or deferred when oil prices began sliding in 2014 will translate to a decline in production of 660,000 barrels of oil a day - the equivalent of two thirds of Britain's production. That figure is 69 per cent greater than Opec's previous production estimate. Most of the new production cuts have come from the US. A study by Wood Mackenzie calculated that 68 "megaprojects", representing an investment of $380 billion, had been deferred or abandoned. By 2025 that will equate to 2.9 million barrels of oil a day - 3 per cent of present energy demand. Producers of US shale oil proved far more resilient than Opec expected. The number of oil-rigs operating onshore in the US has fallen by about two thirds from its peak in 2014, but production remained relatively stable because they were becoming more efficient. However, production from wells in shale formations typically drop off by up to two thirds in their second year. With new investment in the US shale oil industry having fallen sharply, there are unlikely to be enough new wells being drilled to compensate for the drop-off of existing reservoirs. Set against that is the looming increase in production from within Opec.
Oman says it’s prepared to slash oil output Oman is the first major non-OPEC oil producer to say it would slash its output in coordination with other countries, as the resumption of Iranian exports of crude weighed heavily on oil prices on Monday. Oman would be ready to cut 5% to 10% of its total crude oil production, if other producers were willing to do the same to stabilize the oil market, said Mohammad bin Hamad al-Rumhy, Oman’s oil minister, on the sidelines of a conference in Abu Dhabi on Monday. “Oman is ready to do anything that would stabilize the oil market,” the minister said. “5% or 10% is what I think we need to cut and everyone has to do the same.” OPEC members, such as Venezuela, have called for a reduction in the cartel’s oil production and have requested that other countries join them in the effort, in the hope that cuts would boost prices. Saudi Arabia, OPEC’s largest producer and de facto leader, has said it won’t cut unless other countries do too.
Your dividend. Long as you can think term here you will laugh all the way to the bank.
Deal will happen. Shell will have all the votes they need for this to go through already sealed up. Talk is cheap so let the doubters keep talking. Come back in a few years time and we will see who is laughing then
shes a gusher