Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
The irony here is that Labour introduced the vast majority of PFI's under Brown and Blair. Yet the Corbynistas have the gall to blame the Tories. So we pay for their mistakes and someone else gets the blame. Looks like it's business as usual in the Labour party!
Well, JPMorgan just show what lousy useless individuals they are. Their worthless research recommendations are exposed as a pure sham with their recent target of 2750. Currently 3230. That's a 17.5% difference. But don't worry about them, they will pay them selves handsomely for their worthless wittering's and no doubt stuff their bonus away in some tax haven. It is laughable that the FSA expect the public to take advice from professionals and pay for it. Never was the oft used DYOR more relevant! I'm not bitter by the way. I am a contrarian investor and I am very happy with the AZN rise!
Its a paper offer basically, so no big cash cheque in the pipeline. What it does bring is a bigger beast in the soft drinks market. All the fizz and froth over the bottle tops for only one of their products was a great invitation to buy. This news is putting BVIC back in the gunsights of fund managers and retailers alike, and we should see some further rises back to the valuations of 12 months ago. Remember, BVIC hold some valuable franchises such as Pepsi as well as their own portfolio and BAG bring some interesting new products into the frame which sell well over the border and could be marketed by BVIC to produce bigger volumes in BVIC's domain. If you are holding a lot of stock, it never hurts to take a little profit when the feeding frenzy abates.
Talking to BAG.
It seems that CIU has a problem in Algeria. Their LNG project has caused CIU to take a one-off charge of 14 million pounds, equivalent to a fifth of its adjusted pretax profit Cape last year, after a review of the GL3-Z LNG project in Arzew, Algeria unearthed additional costs that are projected to produce a significant loss. "The Board has instigated a plan to mitigate the potential losses on the Arzew Project including the injection of a new project team, the introduction of additional skilled workforce and the rigorous application of Cape processes," the company said in a statement. Numis Securities have cut thier 2012 earnings per share estimate to 36.3 pence a share from 46 pence a share.
Just to put the record straight, the dividends in an ISA are not TAX Free unfortunately. "•if you're a basic rate taxpayer inside or outside an ISA you pay tax at 10 per cent on dividend income; this is taken as a 'tax credit' before you receive the dividend and cannot be refunded for ISA investments •if you're a higher or additional rate taxpayer you would normally pay tax on dividend income at 32.5 per cent or 42.5 per cent; in an ISA you won't get back the 10 per cent dividend tax credit element of this, but you will save by not having to pay any further tax." Any capital gain is free of tax and any income taken from the ISA is also TAX free.
Thanks for that. Yep, you're absolutely right too; he made a good wedge there for sure, despite the price movement. I guess they were share options too, so even better.
Mark Williamson must feel gutted this morning. Had he kept his shares to today, he would have been over £80,000 better off. As he is the CFO, is he leaving?
Espirito Santo Downgrade = Pie in the Sky forecasting. GFS are in the midst of picking up all the police forces admin work as they concentrate their reduced personnel on front line work. These are very valuable contracts (see http://www.g4s.com/en/Media%20Centre/News/2011/12/21/Lincolnshire%20Police%20Contract%20Win/) which is the first of many. You wait until you see the size of the Greater Manchester's back office operations. I don't who these Investment houses employ but they sure don't do their research properly.
Unfortunately you speak with a jaundiced adjenda on this one as you have direct involvement and in my experience, any emotion in investing is not a great way of making rational decisions. From where I sit, this contract is not the only income stream the company has and as per BP., they have the wherewithall to sweat it out. Also, the history surrounding the work force does not lead me to an automatic assumption that RHL are necessarily the bad guys. If I could make a 40% profit on my investments every week, then I would be a happy bunny! Anyway, "whatever" as they say.
These seem to have recovered a little today which isn't surprising really as RHL are a sound company. Hope you bought in on the lows yesterday as you will be smiling now.
Bonkers price mate. Got to be worth a punt for a recovery play.
Did my eyes deceive me or did I see a buy for 2,343,381 shares at £19.49 go through? That equates to £45,672,495.69 in cash terms!
http://www.blackburncitizen.co.uk/news/8200443.Holland_s_Pies_boss_suspended/
Iv'e been in these since January. Always thought they were a good company and the contracts they have with Blue Chip co's suggest that their products are well respected in the market. I feel that 130 is too low and we should see a resolution around 160 unless another suitor enters the frame. We don't know yet who the suitor is as the approach has been made by a subsidary of Investec. Pehaps when the suitor is outed, we might see another interested party enter the frame.
Anyone in these? If so, it has occurred to me that the oild slick in the Gulf of Mexicio may mean a threat to their earnings forecasts which are pretty sensitive. At these toppy prices, maybe prudent to take profits (see BP. for what it can do to the SP!)
Ryan Air may be bound by European law but I can aassure you they are not taking their responsibility seriously (nor are most of the other Airlines) My wife and kids are stuck in Portugal and I can tell you they are getting no help whatsoever on the ground. My lot are flying with BMI and they do not have any rep at the airport at all, just a photocopy telling pax to ring a UK number which has a recorded message to ring later. Luckily for my lot, we own a car and house out there but there are so many poor devils that are in a terrible predicament. The hotels are charging €200 a night B&B to these unfortunates, yet they were getting €20-30 per night from the travel companies and openly advertising €45-60 on average. The Ryan Air passengers are currently enjoying the same level of passenger care that they normally can expect; namely damn all! (least the Airport is clean!)
I've bought in too but look at the spread now! It was really tight when I bought!