Member Info for karv1

I sold AV late Thursday and went into BARC yesterday I have been playing between the 2.
I was hoping for 29 to 31p reinstatement of dividends or the commitment to return to the old rate in 2021.
The 6p dividend was a double edge sword for me great that they resumed it but cutting it was bad and could be the start of a far lower payout.
From results.
we have decided to take the opportunity to review our longer term dividend policy, in light of our strategic priorities and the future shape of the group,
with the objective of a sustainable pay-out and lower leverage. We will update shareholders on all dividend matters, including the 2019 final
dividend in the fourth quarter.

I thought it was already sustainable.
I did,t like this part sustainable pay-out.
if there was any reassurance that the dividend would return at old rate in 2021 even with no dividends in 2020 with final decision to be made in the 4th quarter I think I would have never sold again.

Has anyone read the whole thing and is able to tell me What the
Cash position is
The debt position is
Net cash/debt is
In billions
I never understand how the 194%solvency fund is used in the calculations with the 12 billion surplus

From my brief read it looks fairly good 6 p div better than nothing. And the results look better than LGENS .

3.1 to 2.1% up kind of sucks but either way the dice are Ready to be rolled .
GL everyone for tomorrow.

Let’s hope there is news on the dividend. And good profits.

fortune favors the brave.
All the news from the vaccines seems to be fairly positive, against the bad news with the virus and Brexit and the economy.
On current information, if someone was to ask me do I think BARC will get to 150 within 1 to 2 years I would say yes or 150 to 200+ within 2 to 5 years I would say very likely. plus dividends when and if they return.
This is the only annoying downside.
They have the potential to be the best-paying dividends v the SP but the BARC board always seems to be very tight in handing back profits.
Just sit on your hand and wait if you have just brought in or are holding.

I need an edit button.
When the fear fades and calmer minds compare LGEN to AV or when LGEN become a normal price and AV will look more like a bargain in comparison
AV will then beat LGEN on the rises just need to be patience.

4% rise would be better but still a good day and we have recovered from that battering the other day.
Been thinking why are some people so convinced LGEN is some way a better choice.
from this point in time if you were a new shareholder.
LGEN 4p dividend later on in the year 12.8 billion value, profits 2.2 billion 8.16% dividend per year, average SP over 5 years roughly around 275. currently 215
AV no dividend due to the situation tho a chance of one in 4 quarters. 10.2 billion value, 3.1 billion profit, on old dividend rate 11.89% dividend could be cut by up 30% and still be better than LGEN and with an average SP over 5 years roughly 440. currently 260.
For me, it is a no brainer when I compare the 2 both companies are money-making machines.
I think people are overthinking with the no dividend in 2020 the money is still there it has not been poured down the drain.

That is the unknown million dollar question.
If they retain the old dividend rate it will be one of the best stocks you could pick out of the FTSE with an SP that could go up maybe 50% with luck from current SP if not more once this virus is over.
If they cut the dividend then we are on a different path competing against other companies if people are looking for dividends but long term we get back there.

I would imagine that this is once in a generation pulling the dividend completely unless the virus takes a turn for the worst.
The profits at the end of the day have to go somewhere either they pay down the debt or return it to shareholders either way in the very long term we win.
Dc it is only a matter of time before this hits £3 to £4 there no guarantees but I would say I am fairly confident that this share will be £3+ within a year and could even happen within weeks if the right news comes out.
This is why I keep coming back my reasons are 2 fold the expected/hoping for dividend and a possible huge rise in SP that could happen.

My gamble is on the hope of the old dividend rate and to increase my position in shares for when and if it returns back to 31p.
It might be next year or it might take a few years.
Where else are you going to find a 12.3% payout at current SP, even if the profit were to drop by 50% this would still cover
the dividend and if the dividend got dropped down to around 15p it would come back up to 31p again over 1 to 5 years this would still be amazing in the long term.
Do not forget the 1st quarter of 2020 looked fairly good.
The BOD agreed to stop the dividends hiding behind the government advice having been made to look weak and scared and lack faith in there own company compared by other big insurance companies, that mental scare is not going to go away fast.
One could argue they might do a huge special in the 4 quarter or raise it for next year to save face and show they were right in keeping capital back until the situation was well known and understood.
Now the impact to the company is known we can return payouts to shareholders, a sensible way through the crisis they might say.

I am back in good luck all let hope there some good vaccine news soon

DC it is about time some luck went your way.
As for me it did not go low enough for my order to go in I had my finger on button around 260 ish but got too greedy and it then went up.
Tomorrow will bring another day and maybe another possible chance. as long as there no vaccine news.

Hi ya jonno good luck with your investments, it is a fairly good time to start, most stock prices are still well below there pre Jan prices if you are going long term.

I sold good luck all I tried to resist but it is up so much over 2 days I could not resists. I should have just stayed away and not looked.
This could turn out to be very shorted sighted of me-time will tell.
I am hoping to get back in if possible.

DC You win some you lose some.
11.5 % up in 2 days and highest it has been since the 9th of April.
This rally may continue or if there is a down day tomorrow how many people will cash out there profits.

Tomorrow could go either way still.
Tho futures are 0.25% down at the moment
DC some times it just a flip of a coin and luck and a gut feeling, no one knows what news will come out overnight.
We might go up 5% we might go down 5% who knows,

For once I never sold my resistance held, Let see if this was a wise choice. I was not going to look but I was curious about the AGM.
I tried to listen to the AGM message earlier but my flash drive paused and cliched and I missed half of the dividend questions all I heard was the 4th quarter will be decided later, was there anything on 2021 probably too early for that information.
Do not forget the AstraZeneca /oxford vaccine trials should be updated by June or early June this could have a major impact if the news is good from the small trials.
I think there is going to be more good news than bad news until all the Q2 reports start to come in across the world around July Aug.

I am all in I am going to stop my trading and just going to leave it now if I can resist.
I don,t know how much of the solvency fund which is at 182% as of March 31 is in shares but on a side note
DOW is roughly up 10% since March 31, SP500 is up 20% and NASDAQ is also 20% up FTSE 100 5% FTSE 250 up 7.5% if you were to average this around the world.
I would imagine this could only have a positive effect on the solvency funds.
I am rolling the dice in the long term.
If the 13% dividend is returned at current SP it will be time to pop the champagne.
If the SP hit 300+ it will be time to pop the champagne.
Just need good vaccine news that works.
Patience is going to be needed

Looks like today could be another down day futures down 1.4% at the moment.