Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
It seems expectations where at the higher end of the scale.
I was looking to invest here some months ago, so certainly interested in buying.
The only question is when, I already bought into BT when they hit the lows of 110p. So this is clearly and opportunity to buy Vodafone as they start to get their house in order.
The long game is key, at my entry point I'm getting 8% dividends already. Just keep holding
Well certainly looks like we are hot property at the moment.
2 offers in 6 months from different companies at vastly different prices.
To be honest I'm not sure how a share offer would have worked given it would be shares in a US company.
I'd rather just have the cash.
But that being said, clearly this is a well thought after company. All my current holdings of this share have been top sliced anyway so I can afford to wait as literally any price is a profit for me.
Will be interesting to see at what level the dividend is reinstated (when it does).
Well done on sticking it out at PFC poker chips.
I could not take the constant drop going on there so its good to see some recovery in value. Hope it lasts.
This is my break even price for GSK, so it will be interesting to see if this is a sustainable rise or just market froth.
But can't complain about the dividend here, so anything else is a bonus
Leem do you actually understand this share?
The SP is no where near booming, it is still roughly 50% below the lowest sp for the company in 2019.
I don't know any one who would classify a 50% reduction from an already historically low SP as booming.
You miss read what the market prices into the share.
For long periods of 2020 the market was pricing in a near collapse of the company. The rise from that low point only reflects that the company is unlikely to fold.
What its future profit and yeild valuations are are yet to be priced in.
A rise from 12p to 24p looks great, until you look back and see that only 12 months ago 40-60p was deemed a low share price
Nice to see the results boosting confidence for institutional investors.
Still some way to go as the cash burn can't end until holidays resume.
But the cash available should let investors be confident that this company will survive and recover.
Why is the price target only 47p pre-covid it was 60p?
I would say that we are not post covid yet. Unemployment is up which means lower deposits.
Interest rates are lower meaning tighter margins for basic banking.
There are still 5 million people furloughed which is masking some further potential unemployment figures.
Businesses will be low on cash as well as they burn through any reserves, if they had any to start with?
When the critical phase of this disease is over the legacy of it will last for a few years after.
This SP is not as linked to the price of oil as it once was.
I'm out of this share at the moment as I could not stomach the constant cuts in SP as potential business is hampered by the inertia of the SFO.
For what it's worth I'm not sure when PFC could cut a deal but for shareholders whether guilty or innocent the punishment had been severe.
Even a clean bill of health and no fine would probably only see this recover to the low hundreds.
Basically the damage has been done its just a question of how much more, either way the damage to the business and to its employees seems to be far worse than any crime they were accused of.
News coverage is nice but will the value of the contract shift the dial on this share?
Unlikely is my view. The split of the business is one of the major impacts at the moment on this SP.
Having said that I'm happy with my buy in price and the dividend is still a great reason to buy. It's a nice stable income generator
Hi all,
Late to the party, but if you are investing low amounts there are other brokers out there who charge zero fees.
I'm looking at Freetrade as an example.
There is an fx cost but if you are investing in UK shares from what I can see this would not apply.
Although a word of caution as if they are not charging fees it may be that you get poorer bid /offer prices or it may be that the trade is less instant so you don't get the price you thought you would.
I've not tried it myself yet, but I am curious and may give it a whirl with small trades to see how it works.
But poker it is worth stating BP and shell are not good indicators for this company.
I lost as much in pfc as I gained in shell over the last few months.
For me I think she'll will be my only oil investment, I like pfc but the SFO investigation is anightmare to predict
Well I'm out. I've made some money here but lost all my gains yesterday and today.
I hope I have made the wrong call, but I've never seen anything so hard hitting as this sfo investigation.
No charges but it has crippled a uk company, for me the punishment does not fit the crime.
It's not like they can pull a rabbit out of the hat. Any major new revenue streams would have had to be declared in RNS as a winning bid on a contract.
I'm expecting more of the same, tough trading environment, cost cutting continues and sfo investigations continue.
I agree it's a good news story, but how much profit will it give to the bottom line?
Also I get that gsk is unloved and a bit dull, but i guess it depends on what you are looking to gain by investing.
I'm not expecting exceptional growth as health care is a mature market with lots of competitors. So unless you are developing niche products that have mass demand you are unlikely to get massive growth.
So me this investment is to balance out more riskier investments.
If they grow then fab, if they don't then Gsk will hold value over the long term and provide a stead return.
If you want growth companies then you need smaller companies that are focused in new markets.
But its a wild west world and you can see all your money go very quickly.
I think the number one question is what will you do with any cash returned to you?
If there are better opportunities elsewhere then top slicing is a way of diversifying your portfolio when you have limited new capital to invest.
If you are top slicing to reduce the risk and hold cash or near cash assets due to being close to needing access to that cash (ie retirement) then again it makes sense.
But if top slicing just to then do nothing or worse make a rash investment elsewhere which turns bad, then there would be little point in top slicing.
For me I'll take some money when I see the potential upside as limited.
But can't put a price on that yet.
That article is also a good reminder that most assets 99% are tricky to make a profit on and only a few lead the market to new highs.
I'm unlikely to make a major share purchase in saga ever again.
My current holdings are at an average of about £2.65.
So if it hits those lows again something will have gone seriously wrong.
Just have to sit and wait and see how high it goes. I get the bored statement as doing nothing always seems less exciting than doing something.
Very much enjoying Shell at the moment.
A good dividend and very good capital growth from the lows of a few months back.
Slow down its a huge desire in lots of humans to try and exert control.
Just sitting back and letting things chaotically flow is weird to most.
Its why those who can be patient can sometimes benefit more than traders. Unless you have real training, skills and knowledge trading is a challenge to get right, but still most of us still do it