Member Info for moorhey

Tom78 & stockplay: The way the SP has dropped over the past 4-months to a level (now) at about where the SP was last November needs some explaining by the board. The drop is most likely linked to a similar (but not quite as bad) drop in the SP of the anticipated "bidder" Japan Tobacco, which is down 10% since May17. If IMB can maintain dividends off the back of revenue growth then funds and institutions will not be able to ignore forever and we could see some gain in the SP. But, with the JTI not looking flavour of the month this summer, we could be waiting till 2018 before a bid (if one is on the way) is forthcoming. For me, it may be time to cut my losses.

For a company that has, according to some, no interest in the growth of electric vehicles, the issue today by NG of the Future Energy Scenario - a document which concentrates almost entirely on the projected increased demand to be caused by the growth in electric vehicles on the national grid - must be mystifying.

Do Paypal have a card like Skrill? Answer is no - their card is issued to "invited users" only. I've had a Paypal account for 5-years linked to my blog, and about £5000+ of sales has gone thru' it in that time, but no invitation to have a card. The Skrill prepaid card is what PAYS should be promoting big-style; especially now that card sales in the UK are greater than cash sales (announced in todays news).

If the SP tops 1500 then I'm cashing in as I bought in at an average of 985. A 50% margin is good enough for me.

You've been at the wacky-baccy again, haven't you Opium?

You didn't catch the point I was trying to make Gerry557. We've had 2 announcements this week which suggest the end of the petrol/diesel motor car will be sooner rather than later. Not just in France, but also here in the UK and throughout the rest of the World. The replacement being electric powered vehicles. NG is an electric distribution company. With the demise of petrol/diesel cars, NG will become increasingly important (more than it is now) to the UK government as a strategic resource. Given that strategic importance, would successive governments continue to allow NG to remain in private hands? This isn't something that will happen in the next 12-months, but I can see the regulator becoming increasingly more controlling of the NG business over the next 10 years to the point were re-nationalisation would be a formality, be the government in power at the time Labour, Conservative or Raving Loony Party.

Thanks for your reply earlier Gerry557. I've read on another forum that the SP could be affected by a worry that NG could be a nationalisation target should we get a Labour government at the next GE (or earlier if the Tories lose a couple of by-elections). Last week I thought this was a 100/1 chance, just scaremongering speculation. But, with France today announcing that vehicles powered by petrol or diesel will be banned from 2040, electricity production and distribution is going to become of national importance over the next 20 years - and perhaps that is something that cannot be allowed to remain in private hands. Just a thought.

thanks UncleJohn: the fact that the market was expecting a bigger bid to succeed and that JPMorgan pulled-out almost immediately they knew the Vantiv bid was serious is possibly why the PAYS price this morning is "soft". Out of interest, did you include in your calculations that Vantiv are also clearing the £1.40bn loans as part of the purchase price? That puts the total price paid for Worldpay at £9.10bn.

Just announced on Cityam that Vantiv have beaten JP Morgan in their bid for Worldpay - so is JPMorgan still in the market with a suitcase of cash?

When you look at a price chart for the past 12-months you have to wonder if the management have a clue about what they are doing. Presumably, the company is still generating the same margin it was this time last year (about £1.90bn after tax) so the ability to pay a similar dividend of 44p per share to the 3.43bn shares in circulation (about £1.50bn) is safe. So what is going on with this company? Given the near guaranteed dividend payout, you would have thought demand for the shares would be pushing this SP to nearer a yield of 3.50% than the 5% at which it is now. Or am I barking up the wrong tree completely?

The SP of Worldpay (WPG) is up 7% to 344 (MV = £6.90bn) this morning on rumours that both MasterCard and Visa are in the market to buy. We could see some consolidation coming.

There was a good write-up on Segro in the Sunday Telegraph

I've trimmed my holding (took 520) recently but PAYS still represents 25% of my SIPP.

Cigarette manufacture is a dying industry (couldn't resist that). This company seems to be lacking ideas and a way forward.

Another high hit today at 1088.

Cracked it!

Any opinion on whether EZJ will be affected either way by the General Election next week? While I can't see a Conservative landslide they should win. If it's tight, we may see a Conservative leadership challenge. Will this affect the markets and EZJ?

This is brilliant news! We could see 550 before the end of the year. Champagne for the management team!

Climbing up above 695 today, the SP appears to be reacting to potential good news to be announced at the AGM tomorrow (Wednesday) and the results of the 1st-quarter.

I remember suggesting MV growth on this level last year and was roundly ridiculed (by some, but not you Wolfie). I can see a bid coming in the next 12-months as there must be more than a few looking at the earnings potential with envy and, at the moment, PAYS is relatively cheap. I'd like to see an international marketing campaign advertising the benefit of Skrill to a mass (untouched) audience - it would be a good use of profits rather than amassing a cash-pile, or snapping-up another tiddler.