Member Info for martin9325

I have been in an out of TW. over the years, have had a holding now for 4 years and have looked to add to it twice recently but the short position hasn't changed and I keep thinking they must know something I am not seeing. I am now going to add, like several posters say the land bank is strong and we need houses, this share is bound to recover eventually.

Looks good for inclusion in the FTSE100 on Tuesday when I guess the trackers will buy in, although some trackers for smaller cap companies will sell too. But as you say it looks good for the coming year.

Hopefully the results will help move the share price back up, I always thought that the AI scare was vastly overdone.

The a brief look at the results out this morning look good. Divi up 20% and planning to introduce an interim dividend. New acquisitions showing double digit growth, the only weak spot seems to be in Australian cake consumption.

The a brief look at the results out this morning look good. Divi up 20% and planning to introduce an interim dividend. New acquisitions showing double digit growth, the only weak spot seems to be in Australian cake consumption.

Finally ii have managed to quote prices.

I agree it seems ii have been really caught out by this demerger. LSE was showing prices at 8:15 on the morning after the launch, ii still unable to trade unless you call 1 week later - and they are raising their prices in February for those old folk like me who don't have a SIPP.

I guess the downgrading of future targets because of market weakness is why the shares have dropped over 10%. It doesn't look as if they expect demand to improve anytime soon.

5th August I think.

Does anyone have input about the name change and listing move? I can see how it will be a very good move for the management and may possibly be in the long term interests of shareholders but it is likely the price will take a hit when they lose their FTSE 100 tracker investors and before any of the indices list them in the US and trackers over there pick them up. I am very torn, but also as I used to cycle past their yard on the way to school in 1953/4 maybe slightly emotionally biased to the name and listing!

Ii have this afternoon credited £119.96 to my ISA account for the 400 shares I own and so it looks as if 15% was deducted from the $185 total value of the dividend.

If the sharers are held in an ISA and you have signed a W-8BEN form (which I did online with ii) the withholding tax is reduced to 15%. Whether it's worth trying to reduce it further I guess will depend on how many shares you have. I'll wait to see what happens when the first divi is paid and see what ii pay me, and if it is in USD or GBP.

I have just logged in to my ii Isa and when I indicated I wanted to buy some more IPC they could not come up with a price and asked me to sign a US tax form. My guess is it will take time to settle down. IPC.L was meant to go live on Tuesday. I have a free trade that expires Monday and so I will try again then, and if that fails top up another holding.

I have just checked and ii have credited exactly the number I was expecting. The WSJ list US Brokers as positive with 5 rating them a buy, 5 a hold, 1 underweight and 2 sell and so I'll stick with them for the time being (I'm very boringly a buy and hold person these days).

Maybe, but I thought Ashtead were actually valued about the same as their US competitors. It does make sense to switch even if it doesn’t change the price fundamentals. Whatever, I think this drop today is overdone.

I was wondering what to do and looked at the Australian market share price and there is quite a large divergence from London (which there isn't with BHP). Unless I am looking at this wrong it would seem to be profitable to buy at the UK price for long term holding before they close the listing. Or perhaps I don't understand something.

The conundrum with these takeover situation is whether you can find an investment that will yield more in the next 6 months than the 5.5%/6.5% that holding on to Britvic will yield. Some days I think I can, but then the market falls back again and I am not so sure. So far I still have not sold any of my Britvic holding, but as it is in my ISA the money will need to be reinvested and so I am looking for a home for it. Someone predicted the other day that by the end of Q1 2025 the FTSE would be over 10,000 which would make selling now and investing in a tracker a no-brainer, but I have my doubts!

Yeah, not sorry to see Parsons go. Not sure what will happen with this company now. $500k in the bank, only 1 director, not exactly what you might call an investable proposition. My guess is they will refinance and delist - as Scirocco is doing today. We just have to wait and see.

My experience of being a small shareholder in a private company is that eventually they make you a derisory offer which after doing as much research as you can you accept and then 6 months later you check on the company and find they have done a deal and been taken over or something and you sold for far less than the shares were worth. Someone is buying at the moment and so there is value in this company but my guess is that small shareholders will never get a sniff of it. As my shareholding is in an ISA I have to move it out so I guess I'll sell.

With IP we will get the gains of a US share rating as Meconopsis points out and with IP saying they will have a secondary listing in London it makes me slightly more favourably inclined to their offer, anyone else have that thought or am I missing something?