Member Info for Laughton

Nice and boring. Carry on and keep paying the divis.

Could be worse, I guess. They could have done the deal with Tesco.

Not sure about the insurance side though. Whilst their 3 years fixed price deals are good when inflation is low, evidence from other insurers and the fact they are all increasing premiums significantly must make those fixed premiums something of a liability.

Or have I got that wrong?

https://www.telegraph.co.uk/business/2023/01/19/hydrogen-powered-19-seater-plane-flies-cotswolds-world-first/

OK, excuse me for possibly being stupid but my understanding was that the "losers" would have to post surety for the total amount of the award they want to appeal.

In the normal course of events, if the entity having to post the surety didn't have that amount of money or realisable assets that they could deposit with the court then they would go to a third party who would post on their behalf, normally for a fee.

But given the history of Argentina reneging on it's debts, what third party is going to take the risk? Or, what safe realisable assets could Argentina deposit with the court?

Say, the award is £5B, is Argentina going to pay that to the court and then run the risk of incurring additional costs should they lose the appeal.

Or maybe BUR would deposit that with the court on behalf of Argentina in exchange for a £1B fee payable now. That would be a win win for BUR (OK, I'm only joking about this last paragrah).

Oh well, I called that one wrong but Trading Update today looks really positive so I've taken the opportunity to top up at lower price than available yesterday.

That's probably as good a signal as you will get that the SP is set to go lower still ;-)

https://citywire.com/investment-trust-insider/news/fevertree-the-biggest-embarrassment-but-i-m-optimistic-says-train/a2406891?re=105037&refea=29217

Up 19p today!
And they claim that no-one who knows in advance what's going to be in Trading Updates can buy the shares :-)

Absolutely. I had to give up after ten minutes.

Perfect example of when "working from home" doesn't work.

I wrote and complained to BG - at least they had the decency to reply and apologise for the "technical issues".

I could well be wrong but I don't think so. SONG bought a cataloque consisting of 145 songs back in 2021. No mention of the deal covering future material written/performed by Shakira.

I guess massive success of her latest collaboration will help slaes/performances of her material that SONG do hold though.

So, still lower than 3-5 years ago.

Continuing good read across to SCS

https://www.lse.co.uk/rns/DFS/trading-statement-fmj2ohwfmeh52ui.html

As has already been said, we don't actually know that BUR are involved but even if they are are wouldn't get too excited by some of the numbers being floated. Nanoco seem to me to be downplaying the amount they might settle for so could be more like $250M.

Still nice to have a win, if it is BUR.

To any interested parties still looking in here, a shareholder update issued by the company today:-https://www.theravenpropertygroup.com/media/1617/20230111-shareholder-update.pdf

We all live in hope.

Ex div next week so a bit more to come IMO.

Still looks like a nice "safe" share to me so hapy to hold on.

YPF are back in the debt market for $300m for first time since 2021 due to an improvement in their credit profile.

Just got round to reading last issue of Money Week and noticed it's tipped as one of THE Cheap Investment Trusts for 2023

https://moneyweek.com/investments/funds/investment-trusts/605615/7-cheap-investment-trusts-to-buy

Just because a company has net debt doesn't necessarily mean that it is insolvent.
SNWS has the backing of its bank which allows it to meet it's bills as they become due and part of the agreement with the bank is that they company can pay dividends at a level agreed by the bank.
You have to make a profit (which SNWS has) or have retained profits in order to pay a dividend.

The bank is obviously comfortable that there is light at the end of the tunnel and that bank debt will eventually be repaid.

Surely the best bit is "after months of negotiations and fending off rival companies that also sought the rights. "

So, a bidding Warhammer.

I await the next RNS once the deal is signed as it will surely make a material difference to the outlook.