The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Yes especially on a market down day.... news due very soon imo
Ceres should list in US also imo
G7 accelerating shift to renewables, statement out today. This is an ambitious plan and Hydrogen is part of that plan. This is a fantastic Investment and I'm extremely excited about the future. Good luck.
Date Broker Recommendation New Tar...
24-Mar-23 Berenberg Bank Buy 1,560.00
16-Mar-23 Berenberg Bank Buy 1,560.00
21-Feb-23 Peel Hunt Limited Buy 650.00
JV news could land anytime. This will be over 600p in a flash...
This share looks extremely undervalued. This could be over 1000p by end of year if JV come on board and market main listing is achieved. Strong Buy
Aviva and other UK insurers 'overly discounted' by banking crisis - analyst
life insurance shares, including Aviva PLC (LSE:AV.), Just Group PLC (LSE:JUST) and Legal & General Group PLC (LSE:LGEN), have been hit hard since the collapse of Silicon Valley Bank (SVB) and the shockwaves emanating from Credit Suisse, but analysts at RBC Capital Markets say the market has "overly discounted" the valuations.
The sector has now underperformed the market so far this year, they added, with the perceived discount arising from "investor fears over contagion and credit risk".
Meanwhile, around a 10% dividend yield based on 2024 forecasts, 4ppts higher than the wider FTSE 100, provides "an attractive entry point" to buy the shares, they added, with Aviva, Just Grop, L&G, M&G PLC (LSE:MNG) and Phoenix Group Holdings PLC (LSE:PHNX) all rated 'outperform'.
The sector is seen as "cheap on an absolute and relative dividend yield basis", with Just Group the exception, but "undervalued" based on its price being half its book value.
Recent strong results for the sector showed surplus capital levels improve, with an average Solvency II ratio of 207% and asset portfolios were "very high quality".
"Further, the outlook is constructive with rising rates providing an inflection point in demand for bulk annuities and the slowing UK life expectancy to generate continued longevity reserve releases for several years."
Stifel's view :
.
@Stifel
has reiterated its BUY rating for #POLX following today's update.
Rational commercial targets
Partnerships and licensing deals
Cash runway: May '24
TP: 130p
"Investment case is stronger and demonstrating commercial traction will prompt a re-rating."
Stifel's view :
.
@Stifel
has reiterated its BUY rating for #POLX following today's update.
?? Rational commercial targets
?? Partnerships and licensing deals
?? Cash runway: May '24
?? TP: 130p
???"Investment case is stronger and demonstrating commercial traction will prompt a re-rating."