Member Info for MPO818

Investors pay the money to reward the greedy management who continue to EXPECT more and DELIVER less
30/6/20. Fund raising
16/4/21. Fund raising
Options created
16/12/20. Directors Options
7/9/21. Grant of Options
12/7/22. Grant of Options
To add further insult AB remuneration increased to £750k and I believe a bonus paid. They now target 75p on or before 2025 - How long will it be before ABB bin this lot off. The market has their measure.

Yes - 21 June 21 was when the activist investor got on board. The activists attack the cash rich and try to force greater returns to shareholders. Personally, like yourself, I am happy for LGEN to continue with the current plan to gradually increase the dividend and grow the business, however these activists are far more aggressive and IMO LGEN are an attractive cherry especially with the current low share price. The recent growth in the solvency ratio and the expected further growth may together with the sp may attract such attention.

The share prices quoted in this morning RNS 40p to 75p by 2025 does not inspire confidence in the share price going forward and may indicate to any potential predator that the board would be willing to accept an offer within this price range. Many on here may also welcome such a move.

Not a holder here - reading about all the letters between the companies was there not a requirement for either company to make this public - there have been several "holdings" announcement in SQZ in this period, all rather suspicious.

Share Price range, the upper (75p) limit being less than 10% of Haggis's 800p target - maybe he should place his inheritance elsewhere. On a more serious note the ABB future right to subscribe at 59p looks a certain non starter.

To avoid yet another delay, it would be just nice to achieve one target.

Not a subscriber to this, however I receive a daily email giving just headline news and this currently mentions lots of the action in the NS. Good to see your post DU, stay well and patient.

NervousNelly - you wrote
"However, what intrigues me is the suggestion of buy backs & a special. Is that speculation, or is it based on any knowledge?"
My suggestion arises due to what happened to AVIVA in June 21 and the subsequent actions taken by the Aviva board. L&G has a very steady growth plan which may be considered by some as too conservative and the current (low) share price leaves them vulnerable to similar action IMO.

I have been involved in ALBA for many years, and I have read the statement below on many occasions - the question is:
If the statement below is true, why hasn't it been exploited or sold to get value for shareholders - simple.
"GreenRoc's Amitsoq Graphite Project in southern Greenland ("Amitsoq") is one of the highest-grade graphite projects in the world."
Maybe the answer is that the whole project is too expensive for ALBA/GREEN ROC and/or just not viable for the industry in general.

It on a few leader boards this evening, long may it continue.

Covering all bases there baits.

Due the 9th August, I'd wager these, with a fair wind will be above 260p by then and I anticipate at least a 5% increase in the interim divi with the yearly divi exceeding 20p - possible share buy backs, maybe even a special.

The current share price does not reflect the value of this company, especially in the current economic environment. How many companies can actually say this:
"The Group's overall exposure to inflation is minimal."
and then to include "The Group estimates its Solvency coverage ratio as at 30 June 2022 is c215%2, up at least 25 percentage points from FY 2021 (187%), principally reflecting the contribution from higher interest rates and strong ongoing operational surplus generation". With interest rates almost certainly heading higher the future prospects for L&G certainly look bright, the next dividend announcement should be very interesting.

Thats the question, and if the answers is yes - and the share price continues to fall - maybe an opportunistic bid will land.

In the early days when AFC became first involved with De Nero I always imagined that at a value of circa £20m it was ripe for a bid - tonight the market cap stands at £146m, not a lot in the scheme of things for technology once described as "disruptive" by our CEO.

According to the FT 32.55m shares in issue with 18.05m in free float so not that many. Patiently waiting, I need another cruise, loads on offer just need the dosh.

4p and lower and I remember 80p+ in December 2020, with a significant (for AFC) cash raise since the 80p I never considered or expected to see the sp back in the teens. The company continues to grow (employee numbers) continues to issue positive statements and reminds us of its £48m cash pile. ABB acquired a stake at the last fund raise (65p) and have an option to subscribe for a further £4m at 59p that's not looking likely at this point in time. Let's hope thing change and sooner rather than at 4p.

Ricky3
Thanks - skipped a few deserts here and there, so just the 11lbs and at my age it will take quite a while to lose it.

One other thing that is off topic, but may be of interest to investors - the future cruise dept (there are 2 on board Queen Elizabeth) always had a queue, especially the dept in the grill suites. Carnaval shares are really bombed out, just an observation, dyor.

After a very interesting and exciting cruise, checked in a few times on the very expensive ships internet and got rather excited when they touched 300p. Well that is well gone so its back to just being patient. Best wishes to all and hope Dick is staying well.

Yes I am still invested in JOG and AFC. I have been in AFC for what seems donkeys years and prior to my long cruise I had never come across you on the AFC bb. Your comments on here match your negativity you spouted on JOG back in April. AFC has been a huge disappointment to me over the past 20 months and I am not a big fan of AB and that has been well documented here. JOG will be fine and there is still hope for AFC.