Member Info for longtimeinvestor

all per share metrics are affected by a return to shareholders by way of a share buyback

Boy
''If the company has excess cash then it belongs to the shareholders and it should be distributed back to them''

A board of directors are employed to run the business and to make decisions and put forward proposals/policies as to what to do with profits.

trading update tomorrow

Into a 7th year - time you learnt to deal with it

on filter - what a laugh

Just a coincide that further maintenance is required not long after the previous shutdown - nothing to do with knowing that countries were hoping to build up supplies for winter.

Similar to the Dover situation - just a coincidence that the French were short of staff at a time when they knew the volumes of people that were to be expected .

box
''unless there is some negative news about future dividends''

I am sure we will soon find out the dividend policy which is likely be in the form of paying out a certain percentage, or within a range of percentages of earnings.
Personally I would like t see this payout percentage at less than 40% of earning so as to start making a dent in the debt pile

cas
''if as Pfizer have said they intend to sell down their stake in Haleon that will hold the SP down for the foreseeable future''

That is complete nonsense - the share price ultimately will be determined by the market based on current and prospective future profitability.
The government/taxpayer owned 43% of Lloyds bank that the market knew had to be sold. That did not stop the shares from rising as the shares were sold off, resulting in an average sale price for the taxpayer in the 70's.

''The ULVR bid (which may have involved the absorption of some debt ''

The offer was worth £50 Billion which included taking on all of the £10 Billion debt , therefore equal to a current market cap offer of £40 Billion.

''it may be that the new HLN board are minded to accept an offer of £4 ''

that would be for them to decide whether to recommend such an offer to shareholders, but at the start of the year was deemed to undervalue the business.

As I said it was a consolidation resulting in a 20% reduction in shares not a reduction of a quarter as you stated, which would of course by a 25% reduction.

''thus creating , for the naive holder,the impression that the value of their stock on GSK remains the same.''

i am sure the vast majority of investors on here are aware that about 19% of the value that they invested in old GSK became their investment in Haleon.

''I sold out of both companies a few months ago ''

That is all I need to know - which may explain any posting you may make on this and the Haleon board

cas
''HLN is uninvestable until Pfizer clear off ''

no logic in that statement - if the business is highly profitable with a reducing debt level, then that makes it investable, no matter what the current level of a shareholders percentage ownership.

'' ULVR bid up to £50 billion for in January, a bid which GSK rejected - the now-independant HLN's current market value is £29.2 bill''

It was £50 Billion enterprise value.
It would be the equivalent of a takeover offer now at about £40 Billion - so in excess of £4 per share - the BOD deemed that an undervaluation.
I doubt HLN currently would be able to be taken over for less than £4 per share.

cas
''GSK performed a 1:1.25 stock split, ie your number of shares in GSK fell by a quarter ''

They did a share consolidation - 4 new shares for every 5 old shares resulting in 20% fewer shares.

ls
'' rise the market cap for Lloyds''

That is for the market to decide.

Many would have thought that with the end of PPI, now coping with Covid 19, able to afford large share repurchases etc, that the market would have had a valuation of nearer £45 Billion rather than the chosen £30 Billion.

ls
''the share has got to rally some time soon with all the extra earnings''

but I would prefer the share price to remain at a lower level giving 5% + yield and progressing, along with a yearly £2 Billion share purchase programme.

Future earnings are an unknown, but up to each investor to make up their own mind as to what they think earnings may be in the coming years.

and currently total returns of 10% +

little tickup in price may partly be due to investors chasing the interim dividend due to go xd early August.
MS may or may not have been taking this and a potential fall back into account on xd day when deciding on the current purchase volume levels. Time will tell.
Obviously Wednesday will play a part in pricing levels also.

67s
''That would enable maximum savings on the interim dividend payments in September''
Whatever the amount of money that is decided to be distributed, and thus leaving the business will be accounted for on XD by the market. So a pre xd purchase with the investment programme of a share at 44.7p would be the equivalent of about a 44p purchase on xd day and afterwards.

wan
''perhaps not a sustainable high.''

that will depend on economic conditions. A recession may or may not happen in the next year as a result of increasing interest rates that are being made to curb inflation

goods exports to the EU from the UK reached a record high of £16.9billion in May.

The UK's exports to the EU in April were the highest since records began.
The ONS data showed that total exports of goods, with the exception of precious metals, increased by £2.2 billion, or 7.4 percent, in April 2022 compared with the previous month

wan
''this year''

the record being referred to was a monthly figure.

wan
or did you think you could get to record exports without an increase from the previous year/s.
all I did is repeat it was at record highs after having done so to MB,
You decided to carry on with unnecessary posts.